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How to Clean Up After a Flood

This post-flood guide covers safety precautions, removing standing water, home cleaning, and repairs. Getty Images / jhorrocks Experiencing a flood is one of the most devastating events for homeowners. If your home has flooded, there are steps you can take in the immediate aftermath to ensure the cleanup goes smoothly and you don’t introduce new problems to the mix. “Flooding is the deadliest...

10 Best Carrot Companion Plants to Grow for a Bigger Harvest

Place these carrot companion plants near each other to help control pests and grow healthier roots. Andy Lyons Purple, white, yellow, or orange, sugary sweet carrots are always a garden treat. They’re also one of the best crops to use as companion plants. Since carrots are compact and grow low to the ground, they’re easy to slip in between larger vegetables, and their fast growth rate makes...

Names to Note: July 2024

Image Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements within the REIT and publicly listed real estate...

The Future ‘Bloomberg of Real Estate’ Company Coming to Miami in 2025

Veteran media and technology entrepreneur Michael Gerrity announced this week that Miami will be the future headquarters of his new global real estate information services company startup in 2025 -- WORLD PROPERTY MEDIA. WORLD PROPERTY MEDIA is the parent holding company for a portfolio of three globally emerging real estate information platforms (news, streaming and market signals intelligence services)...

U.S. Pending Home Sales Rise 5 Percent in June, First Time in 3 Months

Based on new data by the National Association of Realtors, pending U.S. home sales in June 2024 ascended 4.8%. All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased. The Pending Home Sales Index (PHSI) - a forward-looking indicator of home sales based on contract signings - grew to 74.3 in June. Year over...

a360inc acquires ProVest to expand tech offerings for mortgage industry partners

Technology and outsourcing solutions company a360inc announced on Wednesday that it has acquired ProVest, a Tampa-based process and litigation information services provider for creditors. Some of a360inc’s key constituencies include mortgage lenders, servicers and investors, as well as title agencies. The deal includes an investment in a360inc by the funds managed by Morgan Stanley Investment...

Waterfall analyst: Work remains to get HMBS 2.0 over the ‘finish line’

Roughly one month ago, Ginnie Mae released a term sheet for a highly anticipated new development for the reverse mortgage industry: a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as HMBS 2.0. The new term sheet detailed several differences from the existing HMBS program, including a reduction in the HMBS pool size to 95% of the loan’s total unpaid principal...

Compass CEO Reffkin: Fears over agent commissions ‘have simply not materialized’

If antitrust lawsuits are impacting agent commissions, it’s not happening at Compass. The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) following a string of lawsuits related to buyer commission rules. “It has been four and a half...

eXp Realty focuses on agent value proposition as it looks to grow

With company executives predicting that things will get messy in the U.S. real estate landscape over the next several months due to the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, eXp World Holdings — the parent company of eXp Realty — is focused on improving the firm’s agent value proposition. In the second quarter...

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