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BoomTown ROI, a real estate proptech company, confirmed Thursday that the cause of a multi-day system outage affecting potentially thousands of real estate professionals, was a system-wide hack from a malicious third-party source that began on April 10. The company, which provides real estate management software including IDX websites, lead generation and management and CRM…

The post BoomTown Confirms System-Wide Hack by Third-Party appeared first on RISMedia.

In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid affordability woes, according to the Mortgage Bankers Association (MBA). Mortgage applications for new-home purchases rose 6.2% in March compared to the same period last year, according to data from the MBA’s Builder Application Survey (BAS).…

The post New-Home Mortgage Applications Jump in March Despite Fewer Sales, MBA Reports appeared first on RISMedia.

There's been a heapin' helpin' of new developments in the commission lawsuits. Here's how to pivot and  be ready for whatever comes next.

The reality TV star has left the Eklund Gomes Team at Douglas Elliman to start the Erin + Alex Team at Compass with the firm's Alexandra Hedaya. The team will operate in New York, the Hamptons and Florida.

Inside the 12 US metros where homes are 'perennially slow' to sell  Daily Mail

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.

With new clients including USA Mortgage and New American Funding, Matic says it's doing business with more 100 mortgage lenders and servicers that together process 20 percent of U.S. home loans.

AI, green building and energy transition, and property and transaction management solutions are still seen as stable investments by VC firms, recent reports show, despite an overall decline in investments in proptech.

Residential Property Sales Dip Across America in March  The World Property Journal

The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.

Florida ban on Chinese buying property goes to U.S. appeals court  Nikkei Asia

Richest person in Asia, Mukesh Ambani, owns $71M London estate he purchased over a call  Supercar Blondie

Arkansas Teacher backs Carlyle's US opportunistic real estate fund  IPE Real Assets

The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out.

Winners will be honored at Inman Connect Las Vegas, which takes place from July 31 to Aug. 1. Submit your nomination now for the 2024 Inman Innovator Awards.

Brokerage owner Nick Schlekeway looks at the consumer, governmental and industry forces that have led to the current post-settlement landscape and the opportunities they present for those willing to move forward.

Don't get defensive and burn bridges when you talk about your commission and recent settlements. Jimmy Burgess shares talking points to educate seller clients and the public about the state of your business.

Once you've passed your real estate exam, broker Joseph Santini writes, your first order of business will be deciding what type of brokerage will serve you best in your new career.

Do US citizens need to have documents notarised at embassy?  The Connexion

Spring boost for central London's £5m+ prime homes market  The Negotiator