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REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
CRMLS announced the lawsuit was dismissed with prejudice. Continue Reading REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
CRMLS announced the lawsuit was dismissed with prejudice. Continue Reading REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
Fed’s Bowman Open to Supporting July Rate Cut
Federal Reserve Vice Chairperson for Supervision Michelle Bowman has become the second leader within the central bank to declare a rate cut could be imminent. Speaking at a banking conference in Prague, Czech Republic, Bowman stated, “If inflation remains near its...
Connecticut Governor Vetoes Affordable Housing Bill
Connecticut Gov. Ned Lamont vetoed a contentious housing bill that would have imposed affordable housing target numbers on the state’s localities. According to combined media outlets, HB 5002 would have required localities to meet a baseline for the number of housing...
Compass Sues Zillow Over ‘Anticompetitive’ Ban on Private Listings
Compass Inc. (NYSE: COMP) has filed a lawsuit against Zillow Group (NASDAQ: Z, ZG), accusing the company of trying to maintain a monopoly on digital home listings. The lawsuit is the latest chapter in the feud between the real estate giants over private listings –...
NEWS & CURRENT EVENTS
New Book Offers Tips for Mortgage Originators to Strengthen Ties with Real Estate Agents
“The Purchase Shift: Winning Great Agent Relationships with Authentic Connection and AI” is now available for pre-order on Amazon. Continue Reading New Book Offers Tips for Mortgage Originators to Strengthen Ties with Real Estate Agents
Trump on Powell: ‘No, I Have No Intention of Firing Him’
Trump’s comments follow a significant stock market sell-off on Monday that some financial experts linked to his attacks on Powell. Continue Reading Trump on Powell: ‘No, I Have No Intention of Firing Him’
California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Assemblymember Lisa Calderon is a former government affairs executive at Southern California Edison. Continue Reading California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Q1 Texas Home Sales Down Despite Boost in Active Listings
The median Texas home sales price for the quarter was $331,000, a mild 0.3% rise from one year earlier. Continue Reading Q1 Texas Home Sales Down Despite Boost in Active Listings
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US Investors Buying Up Commercial Property Across London
Across the U.K., U.S. investors spent $3.8 billion on commercial real estate in the first quarter. Continue Reading US Investors Buying Up Commercial Property Across London
Guest Opinion: What’s Next for the Federal Home Loan Banks?
“Forthcoming actions and public engagement in 2024 include clarifying the FHLBank System mission,” said FHFA Director Thompson. Continue Reading Guest Opinion: What’s Next for the Federal Home Loan Banks?
Walmart to Close Health Centers
The company added that it would continue to operate its pharmacies and vision centers. Continue Reading Walmart to Close Health Centers
Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
The trade groups repeatedly praised the Biden administration in the letter. Continue Reading Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
Backflip Closes $15 Million Series A Funding Round
The funding round comes after the company crossed $10 million in net revenue run rate. Continue Reading Backflip Closes $15 Million Series A Funding Round
Florida Real Estate Broker Pleads Guilty for Disability Payment Fraud
Allen R. Jenkins could face up to 10 years in federal prison. Continue Reading Florida Real Estate Broker Pleads Guilty for Disability Payment Fraud
Case-Shiller: Home Prices Spike in February
San Diego continued to report the highest year-over-year gain among the 20 cities with an 11.4% increase in February. Continue Reading Case-Shiller: Home Prices Spike in February
Fannie Mae Updates Equitable Housing Finance Plan
The 2024 Plan includes two new actions. Continue Reading Fannie Mae Updates Equitable Housing Finance Plan
Median Rent Prices Down for Eighth Consecutive Month
Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August 2022. Continue Reading Median Rent Prices Down for Eighth Consecutive Month
East Chop Capital Closes Fund Focused on Luxury Vacation Rental Homes
East Chop closed its first fund in December 2020 at $4 million. Continue Reading East Chop Capital Closes Fund Focused on Luxury Vacation Rental Homes
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