2024 will be a better year for real estate recruiting: Relitix

After a multi-year decline in agent movement between brokerages, Relitix’s Agent Movement Index suggests that this trend may be reversing. The index shows that, measured on a trailing 12-month basis, the amount of agent recruitment bottomed out in October of 2023 and has begun to increase.“After see
Read MoreHousing starts flexes single-family muscle

Boom! Housing starts had an epic beat Tuesday, which usually means the data will get revised lower at some point, but one thing is for sure: the housing starts and new home sales sector came to throw shade at the 2023 recession crowd. Many say housing leads the economy into a recession, which has be
Read MoreFannie Mae continues to forecast modest downturn in 2024

Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest downturn in 2024. The group projects a return to growth in 2025.“Last week’s comments by Chairman Powell, as well as the Federal Reserve’s updated Summar
Read MoreFidelity facing class action suit after cybersecurity attack

Big Four title firm Fidelity National Financial and its subsidiary mortgage subservicer Loancare are facing a class action lawsuit alleging that they were negligent with customer data and that they breached their contract, after the firm was the victim of a cyber security attack in late-November.The
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