Real Estate News for Realtors and Brokers
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Weichert follows eXp Realty’s lead in settling commission lawsuits

Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp's settlement in that case sparked pushback from plaintiffs in a different lawsuit.

Thu Nov 7, 2024 22:41
Uncertainty, volatility ahead for housing market under Trump

Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say.

Thu Nov 7, 2024 22:41
Howard Lorber disclosed broker relationships in board investigation

In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen.

Thu Nov 7, 2024 22:41
US home prices rose in 90% of metro areas in Q3, NAR says

Home affordability improved as mortgage rates dipped, bringing the monthly mortgage payment on a typical single-family home with a 20 percent down payment to $2,137 — a 5.5 percent decrease from Q2, though still up 2.4 percent year over year.

Thu Nov 7, 2024 22:41
Anywhere unfazed by 3% revenue decline as luxury segment thrives

Revenue, closed transaction volume and net income fell in Q3, earnings data on Thursday shows. But a strong luxury push and October uptick in buyer activity have set the stage for a robust Q4.

Thu Nov 7, 2024 22:41
The Real Brokerage posts revenue gain as recruitment soars in Q3

The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million.

Thu Nov 7, 2024 22:41

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