Compass Inc. (NYSE:COMP) has agreed to a $57.5 million settlement that will resolve allegations that it conspired to maintain inflated real estate commissions. In a statement, the company said the settlement would not “materially impact its future operations but...
After news reports of a Queens homeowner getting arrested for changing the locks on her property to keep a squatter from accessing the house, a New York legislator has introduced a bill to keep squatters from claiming tenant rights. WABC-TV reported State Assemblyman...
Kaplan Inc., the global educational services company, has created the Buyer Agency Professional (BAP) designation for buyer agents in the post-Sitzer/Burnett real estate environment. “On a scale of one to 10, the National Association of Realtors’ decision to change...
The median home sales price in Pennsylvania hit $205,235 in February, up 3.7% from one year ago. According to the Pennsylvania Association of Realtors (PAR), February’s price is also up 3.5% from January 2024. February’s home sales totaled 6,934, up from January’s...
Crow Holdings, a Dallas-headquartered real estate investment and development firm, has acquired a privately owned 46-property, 9,838-pad, all-age manufactured housing portfolio. The acquisition was made through Crow Holdings’ investment management company Crow...
New York’s University of Rochester has created a new position to lead its real estate strategy. Andrea Tompkins Wright, an attorney and senior vice president of property management at Broadstone Net Lease Inc., was appointed the inaugural associate vice president for...
Mortgage Rates Take a Mild Tumble
