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Yesterday, Opendoor, the largest and oldest iBuyer, announced its financial results for the second quarter of 2024, also addressing recent settlements and the impacts on buyer agents and sellers. In the wake of recent settlements, investors asked Opendoor CEO Carrie Wheeler about the impact on the company as a result of new buyer agent contracts…

The post Opendoor CEO Says Commissions Already Falling Ahead of Settlement Changes appeared first on RISMedia.

2 Regions in the US Where the Housing Market Is Starting To Shift  GOBankingRates

Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors' March settlement. However, robust home prices have yielded small gains in commission dollar amounts.

The U.S. added 114,000 jobs in July, below the average monthly gain of 215,000 over the prior 12 months, according to the latest data from the Bureau of Labor Statistics.  Markets reacted negatively to the news, with all three domestic indices down over 2% at around midday Friday. The unemployment rate rose slightly, up 0.2%…

The post Unemployment Rises in July, Experts See Hope on Horizon appeared first on RISMedia.

The multi-family residence sold on July 31 for $21.5 million. The couple purchased the home in 2011 for $12.7 million. 

For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported.

Freshfields London Partner Set to Join US Rival  Law.com International

The Top Real Estate Companies in Ohio  Real Estate

Italian real estate set for a renaissance  Hospitality Investor

Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to a report from CoreLogic.

The Camden Film Quarter: Inside The Blockbuster Plans For A New Film & TV Neighborhood In The Heart Of London  Deadline

Tyler Mount, a three-time Tony award winner and marketing company founder with career billings of $7 billion did not mince words when he talked about the importance of authenticity at Inman Connect Las Vegas.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Affin unveils product to make London property purchases more accessible for Malaysians  New Straits Times

Discover Unparalleled Waterfront Living In This New London Property  Patch

'Discover Unparalleled Waterfront Living' In This New London Property  Patch

Okoboji mansion with an Irish pub, 52 rooms is Iowa's most expensive home. See its price tag  Des Moines Register

Leading & Sought After Real Estate Professionals in the USA 2024  Grit Daily

Mayer Brown Advises Euro Real Estate on Acquisition of Prominent Mayfair Office Building  Mayer Brown

Real Estate Experts Say These Will Be the Best US Cities To Buy Property in the Next 5 Years  MSN