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Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
A 169-unit portfolio of Connecticut affordable housing complexes was sold for $39.7 million. The portfolio consists of the 10-story, 116-unit Kimberly Place in Danbury and the five-story 53-unit One Leonard in Norwalk. Both properties are set aside for senior...
Corcoran Group Announces First Franchise in New Mexico
Corcoran Group LLC announced its first New Mexico franchise with the launch of Corcoran Plaza Properties. Located in Santa Fe and led by Broker/Owner and CEO Rob Thorwald, the firm will serve clients across the New Mexico capital city and in the surrounding areas up...
Kendra Newman Named General Counsel at Keller Williams
Austin-headquartered Keller Williams Realty LLC (KW) has promoted Kendra Newman to general counsel. Newman joined KW in August 2021 as vice president and deputy general counsel. Previously, she served as senior vice president and senior associate general counsel at...
NEWS & CURRENT EVENTS
Federal Reserve Drama: Wall Street Journal Slams Pulte on GSE Mortgage Fraud Efforts; Second Criminal Referral Against Cook
Pulte announcing a second criminal referral against Cook on his personal X account. Continue Reading Federal Reserve Drama: Wall Street Journal Slams Pulte on GSE Mortgage Fraud Efforts; Second Criminal Referral Against Cook
Long Island Real Estate Attorney Sentenced on Larceny Charges
Daniel Boldi entered guilty pleas last October to 13 counts of grand larceny in the second degree and one count of scheme to defraud in the first degree. Continue Reading Long Island Real Estate Attorney Sentenced on Larceny Charges
Unicoin Seeks Dismissal of SEC’s Fraud Lawsuit
Unicoin stated the SEC’s lawsuit lacked evidence to prove its case against the company. Continue Reading Unicoin Seeks Dismissal of SEC’s Fraud Lawsuit
Texas Acquires 2 Hotels Adjacent to the Alamo
The Menger Hotel was built in 1859, and the Crockett was built in 1909. Continue Reading Texas Acquires 2 Hotels Adjacent to the Alamo
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
The estate includes a 16,000-square-foot, six-bedroom main residence built in 1995. Continue Reading Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
LeFrak Names First Non-Family Executive in 120 Years
Silfen was previously a senior managing director in charge of acquisitions and capital markets. Continue Reading LeFrak Names First Non-Family Executive in 120 Years
Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January
Ginnie Mae issued $39.8 billion in total MBS last month, resulting in a net portfolio growth of $16.7 billion. Continue Reading Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January
NAHB Elects Buddy Hughes as 2025 Chairman
Hughes has been a member of the NAHB board of directors for more than 20 years. Continue Reading NAHB Elects Buddy Hughes as 2025 Chairman
Florida Real Estate Agent Sentenced for Five Years of Tax Evasion
Sedita Charles Cayson was found guilty last month by a federal judge of five counts of willfully failing to file his income tax returns. Continue Reading Florida Real Estate Agent Sentenced for Five Years of Tax Evasion
CFPB Drops Enforcement Action Against Four Companies
Last week, the agency dismissed an enforcement its case against the fintech lender SoLo Funds. Continue Reading CFPB Drops Enforcement Action Against Four Companies
Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform
While noting the need for consumer protection, McKernan stressed the CFPB had issues that needed to be addressed. Continue Reading Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27. Continue Reading Mortgage Rates Decline Again
NAR’s Pending Home Sales Index Sinks to All-Time Low
The Pending Home Sales Index tumbled by 4.6% to 70.6, an all-time low. Continue Reading NAR’s Pending Home Sales Index Sinks to All-Time Low
Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans
The impact of forcing the relocation of federal workers out of the Washington market is unclear. Continue Reading Trump Sets April 14 Deadline for Agencies to Submit Office Relocation Plans
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