As annual inflation remains above 2% and the labor market shows weakness, the Federal Reserve has been split in recent months over the direction of monetary policy. The past year has seen split votes among the Federal Open Market Committee (FOMC) voting committee on interest rates-setting; the July FOMC, for instance, saw Fed Governors Michelle…
As part of the Federal Housing Finance Agency (FHFA) overseeing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, the FHFA is required to set annually updated benchmark goals for how the GSEs’ mortgage purchases will help contribute to affordable housing for lower-income households. On Tuesday, December 23, the FHFA set its enterprise benchmark housing…
It’s all smiles because the work is done. You’ve expertly guided a client through the long and winding home-buying process to the point where they’ve found what they want and made an offer that was accepted. They’re happy, the seller’s happy, and you’re happy. All that remains are the usual mundane details. What could go…
Pending home sales are pulling through the end of 2025 with a strong performance, rising both monthly and yearly due to what experts say is some market stabilization, according to the latest data from the National Association of Realtors® (NAR). NAR’s Pending Home Sales report for November found that sales rose 3.3% month-over-month, up from…
(Photo by Gilbert Flores/WWD via Getty Images) The late Diane Keaton’s Los Angeles, California, house has hit the market for $27 million. The storied superstar actress, who died in October, herself renovated the Sullivan Canyon property (found at 13215 Riviera Ranch Road in LA), and it was far from the only house she made over…
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Compass and Northwest Multiple Listing Service (NWMLS) are locked in a heated discovery dispute as the real estate giant’s antitrust lawsuit against the regional MLS moves forward, according to recent court filings. The lawsuit, filed by Compass back in the spring, alleges that NWMLS leveraged its rules to undermine Compass’s private listing-focused strategy. NWMLS has…
Editor’s note: this story is part two of a two-part series—read part one here. 2025 was another whirlwind year for real estate, with industry professionals facing ups, downs and everything in between. The industry saw a lot of major developments, and it can be hard to keep track of everything—from continued debates over Clear Cooperation…
After months of silence—and some indications that it was backing off its most aggressive positions—the Department of Justice (DOJ) under President Donald Trump is again addressing what it describes as “anticompetitive rules, policies and practices in the residential real-estate industry” as it intervened in yet another commission case last week. In a 23-page “statement of…
According to the Institute’s December 2025 Luxury Market Report the luxury real estate market in November offered a precise snapshot of a market operating with intention–resilient, measured, and increasingly predictable. For luxury professionals, this is not a sign of stagnation, but of maturation. Following October’s notable uptick in activity, November transitioned into a more moderated…
The proposed deal for Compass to acquire Anywhere was almost certain to draw regulatory scrutiny from the beginning, due to the size and nature of the deal—nearly doubling the size of the company and consolidating somewhere around 500,000 annual transactions and 100,000 agents under one roof. What that scrutiny might look like became more clear…
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