An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
Washington Gov. Bob Ferguson signed a bill into law that imposes rent caps on the state’s landlords. House Bill 1217 limits rent increases for existing tenants in Washington state to 7% plus inflation or 10%, whichever is lower, and it also limits rent...
Keller Williams Realty LLC has announced the appointment of Tim Dieffenbacher as chief financial officer (CFO). Dieffenbacher coms to Keller Williams from FrontView REIT, where he was CFO. Prior to that, he held the titles of senior vice president, chief accounting...
In the not-so-distant past, getting an email address meant you were officially “online.” It was your passport to the digital world, a personal identity in the inbox-driven economy. Fast forward to today, and we’re stepping into something even more powerful. It’s not...
The Federal Reserve ignored President Trump’s exhortations to cut rates and opted to maintain the target range for the federal funds rate at 4.25% to 4.5%. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has...
Active listings of homes in Washington, DC metro area shot up by 25.1% year-over-year during the four weeks ending April 27, according to data from Redfin (NASDAQ: RDFN). This marked the highest level of home for sale in that market since 2022. By comparison, active...
Hits and Misses for the Real Estate Week of April 27-May 1
