After today’s announcement by the Federal Reserve that it is pausing its strategy of raising interest rates, one of the nation’s most prominent housing economists has called on the central bank to back off from future hikes. Lawrence Yun, the chief...
The Federal Reserve hit the pause button and opted not to vote for another rate hikes. The central bank’s policymaking Federal Open Market Committee voted unanimously to hold the federal funds rate at the 5% to 5.25.% range. Prior to this decision, the Committee voted...
One of Hollywood’s most prominent real estate agents has relocated her business. Cindy Ambuehl, the former luxury estate director in the Santa Monica office of Compass, has been signed as the executive director of luxury estates at AKG | Christie’s International Real...
Massachusetts Gov. Maura Healey has unveiled the Massachusetts Community Climate Bank, which is promoted as the nation’s first green bank dedicated to affordable housing. This new endeavor is financed with $50 million from the state’s Department of Environmental...
Fintech mortgage lender Better.com has abruptly shut down its real estate business. According to a TechCrunch report, the company laid off its entire real estate division on June 7 and will shift operations from an in-house agent model to a partnership agent model....
The National Fair Housing Alliance (NFHA) is calling on Congress and the Biden administration to restore fair housing spending levels that were jettisoned in the recently completed federal debt ceiling agreement. “The National Fair Housing Alliance is extremely...