Real Estate Agent Tools
Here’s What Proposed FTC Ban on Noncompete Clauses Could Mean for Real Estate Brokers
Source: CoStar --- For most U.S. real estate brokers, job hopping is part of a successful career where executives can negotiate bigger paychecks — and a more important-sounding title — at a new company once they have proven themselves to the industry. But sometimes...
White real estate agents earn 3 times more than Black real estate agents
Source: Yahoo! --- The National Association of Realtors stopped barring Black agents in 1961 but continued to oppose the 1968 Fair Housing Act, which outlawed housing discrimination. The National Association of Realtors reports that white real estate brokers make...
Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
During 2024, less than one-fifth (18%) of all Californians earned enough income to afford an $865,440 statewide median-priced detached home. Continue Reading Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
Jack in the Box to Close Up to 200 Restaurants
The new program will consist of approximately 80-120 restaurant closures between now and Dec. 31. Continue Reading Jack in the Box to Close Up to 200 Restaurants
Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
The project is slated to open in 2026 at the site of a remediated former Superfund property. Continue Reading Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
Saks Fifth Avenue to Shut Down San Francisco Store
The retailer’s five-floor store will close on May 10. Continue Reading Saks Fifth Avenue to Shut Down San Francisco Store
Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
Attorney Abbe Lowell said the paperwork “mistakenly stated the property to be Ms. James’ principal residence.” Continue Reading Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
New York State’s Housing Inventory Inches Up, But Sales Remain Static
March marked the 20th consecutive month of year-over-year median home price increases. Continue Reading New York State’s Housing Inventory Inches Up, But Sales Remain Static
Florida Home Sales Down Despite Wider Listings and Inventory
The statewide median price for single-family homes was $414,555 in the first quarter, a scant 0.1% dip from one year before. Continue Reading Florida Home Sales Down Despite Wider Listings and Inventory
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.81% as of April 24. Continue Reading Mortgage Rates in Mild Decline
Existing Home Sales Down by Nearly 6%
The median existing-home price for all housing types in March was $403,700, up 2.7% from the $392,900 price set one year ago. Continue Reading Existing Home Sales Down by Nearly 6%
233 Cities Have Starter Homes Priced at $1 Million
California continues to lead the nation with the most cities offering $1 million starter homes (113). Continue Reading 233 Cities Have Starter Homes Priced at $1 Million
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