At a moderated talk held by the Rotary Club of Atlanta, retiring Federal Reserve of Atlanta President and CEO Raphael Bostic argued that the economy is in a “resilient” place, with a feared recession that “just hasn’t happened.” That resilience from 2025 will carry through to 2026, Bostic forecasted. Noting his conversations with business leaders,…
RISMedia, the leading information and news provider for the residential real estate industry, has announced its 2026 class of more than 300 Real Estate Newsmakers. Hailing from across the U.S., RISMedia’s ninth annual Newsmaker honorees represent those who made headlines for their commitment and contributions to the real estate industry in 2025, going the extra…
Keller Williams Realty, LLC has agreed to pay $20 million to settle a class-action lawsuit brought by homebuyers alleging a decades-long conspiracy to fix real estate broker commissions and inflate home prices, according to court documents filed Feb. 2 in the U.S. District Court for the Northern District of Illinois. The settlement provides monetary compensation…
At the January Federal Open Market Committee (FOMC) meeting, the Federal Reserve chose to keep interest rates unchanged. Recent monetary policy decisions have been facing conflicting incentives; the Fed’s mandate is maximum employment and price stability, but the labor market has been showing signs of weakness as inflation has also been going up or staying…
The discourse around private listing policies has become a headline controversy over the past year, and with recent massive consolidation, the debate over limited marketing strategies is only going to become more important. But as brokerages seek an advantage in the post commission-lawsuit landscape, simply being in favor of or against private listings doesn’t take…
President Donald Trump announced Friday morning his nomination of Kevin Warsh—a former Federal Reserve governor—to serve as the next chair of the Federal Reserve, replacing Jerome Powell, who was nominated by Trump during his first term and reappointed by former President Joe Biden. “I am pleased to announce that I am nominating Kevin Warsh to…
Lower mortgage rates at the end of 2025 prompted a refinance rush among current homeowners, helping boost prepayment rates to their highest level in three years, according to a new report from ICE Mortgage Technology. The monthly mortgage prepayment rate rose to 0.91% in December, just below the 3.5‑year high set in October, ICE reported…
Billionaire investor Daniel Loeb’s hedge fund Third Point has launched a proxy fight against CoStar Group, nominating multiple directors to the company’s board and demanding the real estate giant exit its residential business entirely. In a letter released this morning, Third Point announced it would seek to replace a majority of CoStar’s eight-person board, marking…
A new consumer class-action lawsuit was filed against Rocket Companies on Jan. 26 in the U.S. District Court for the Eastern District of Michigan. According to a press release announcing the action, the Michigan-based lending conglomerate is accused of forcing agents to steer clients toward using Rocket Mortgage. This move, according to attorneys at Hagens…
Nosy neighbors are one thing. They can be occasionally annoying. But noisy neighbors? They can be an endless drag. And for agents whose livelihoods rely on getting buyer clients through the long and winding path to closings, noise pollution can capsize otherwise promising deals. Condo buildings anywhere and co-op high-rises in urban areas are especially…
| Newer Posts | Older Posts |