Buyer agent commissions down to 2.55% since the NAR settlement

The typical U.S. home seller pays a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January, according to a Redfin analysis of MLS data. In other words, the March 2024 settlement between the National Association of Realtors (NAR) and plaintiffs in the

FHA aims to allow remote communication between defaulted borrowers and lenders

The Federal Housing Administration (FHA) announced on Friday that it has published a final rule in the Federal Register opening up communications between mortgage lenders and defaulted borrowers to remote and electronic methods. This is designed to broaden the ways for borrowers to meet with lenders

CoreLogic experts explore new ways for data and AI to impact real estate

A new sponsored episode of the HousingWire Daily podcast — hosted live from the 2024 HousingWire AI Summit — features Editor in Chief Sarah Wheeler in conversation with CoreLogic data experts Amy Gromowski and Anand Singh.Gromowski, the company’s head of data science, and Singh, the vice president o

NBA All-Star Chris Paul Sells His Enormous Encino Home for $15.2M

Thearon W. Henderson/Getty Images; Realtor.comAll-Star point guard Chris Paul, who spent the 2023-2024 season with the Golden State Warriors, recently found a buyer for his 12,830-square-foot mansion in Encino, CA.The NBA great listed the 1.35-acre property for $16,495,000 in June and sold it a mont