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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...
FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook
Federal Housing Finance Agency Director Bill Pulte reacted angrily to last night’s appeals court ruling blocking President Trump from firing Federal Reserve Gov. Lisa Cook by blaming the “fake news” for not backing his efforts to have Cook removed from office. In a...
Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue
Efforts are underway to build a 14,000-seat cricket stadium proposed in suburban Chicago, even though the venue has yet to attract any team to play at the site. ShawLocal.com reports the plans Breybourne Stadium in Oswego, Illinois, has been in the works since 2023...
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $11.7 million in grant funding to support affordable multifamily rental housing development across its district. Through the Multifamily Housing Bridge Fund, the bank will provide up to $500,000 per...
NEWS & CURRENT EVENTS
Northern California’s Showcase Real Estate Joins The Real Brokerage
“The Private Label program was the perfect solution for Showcase Real Estate, a well-established brand of 47 years in our area,” said Donna Phelan. Continue Reading Northern California’s Showcase Real Estate Joins The Real Brokerage
Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation
Boxabl co-founders and co-CEOs Paolo and Galiano Tiramani will continue to lead the combined company. Continue Reading Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation
FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement shortly after it was released. Continue Reading FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
GOP Senators Introduce LETITIA Act to Address Financial Fraud by Politicians
“The American people should be able to trust their elected officials to follow the letter of the law, not take advantage of their positions for personal gain,” said Sen. John Cornyn Continue Reading GOP Senators Introduce LETITIA Act to Address Financial Fraud by Politicians
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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.
Commercial Mortgage Delinquencies Up in Q3
Delinquencies were up in every major capital source during the third quarter. Continue Reading Commercial Mortgage Delinquencies Up in Q3
Builder Confidence Holds Steady
The component measuring sales expectations in the next six months rose to its highest level since April 2022. Continue Reading Builder Confidence Holds Steady
GOP Lawmakers Warn Biden Agencies to Stop ‘Partisan Rulemakings’ Ahead of Trump’s Inauguration
The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
A Phil Hall Op-Ed: How Do You Deal with Underperformers?
Editor Phil Hall opines about salespeople with no talent or aptitude for selling. Continue Reading A Phil Hall Op-Ed: How Do You Deal with Underperformers?
‘The View’ Slams New Real Estate Platform That Identifies How Prospective Neighbors Voted
Ana Navarro brought a Trump reference into the talk by declaring, “Well I would avoid Palm Beach for the moment, if I were you.” Continue Reading ‘The View’ Slams New Real Estate Platform That Identifies How Prospective Neighbors Voted
RE/MAX: November Home Sales Up 6.3% Year-Over-Year
November’s median sales price of $429,000 was up 5.7% from the $406,000 level set one year earlier. Continue Reading RE/MAX: November Home Sales Up 6.3% Year-Over-Year
Real Estate Group Sues to Halt NYC’s Ban on Broker Fees
If the REBNY lawsuit fails, the law will go into effect in June 2025. Continue Reading Real Estate Group Sues to Halt NYC’s Ban on Broker Fees
Florida Real Estate Agent Found Guilty of Not Paying Income Taxes for Five-Year Period
Sedita Charles Cayson did not file his federal taxes from 2017-2021. Continue Reading Florida Real Estate Agent Found Guilty of Not Paying Income Taxes for Five-Year Period
Real Estate Investor Sued for Non-Payment on $28 Million Artwork
Nanni Bassani Antivari has yet to pay for Jean Siméon Chardin’s 1760 painting “Cut Melon.” Continue Reading Real Estate Investor Sued for Non-Payment on $28 Million Artwork
Megan Castleton Named Chief Credit Officer at Constructive Capital
Castleton was previously self-employed with her JWM Consulting Inc. firm. Continue Reading Megan Castleton Named Chief Credit Officer at Constructive Capital
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