Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR cleared in Sheth discrimination suit Judge Georgia Alexakis of U.S. District Court in the Northern District of Illinois Eastern Division dismissed the Sheth discrimination case against the National Association of Realtors® (NAR)…
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…
The Federal Reserve’s lineup is due to change this year; the term of Governor Stephen Miran (nominated by President Donald Trump to fill a vacancy last year) ends in January, and Chairman Jerome Powell’s tenure as Fed chair ends in May—with Trump indicating Jan. 21 that he is close to making a decision on Powell’s…
Consumer sentiment showed minor improvements as the first month of 2026 nears its close, with expectations toward the future looking mostly positive, according to the latest data. The University of Michigan’s latest Survey of Consumers found that the Index of Consumer Sentiment grew to 56.4 in January, up 3.5 points or 6.6% from December. The…
With the first month of the new year nearly behind us, real estate professionals are buckling down as they find their stride and set the tone for the months ahead. Coming off another tough year, brokerage leaders are moving quickly in order to take advantage of a gradually improving market. But where do the biggest…
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Testifying before Congress Jan. 21, Secretary of Housing and Urban Development (HUD) Scott Turner was questioned before the House Financial Services Committee on his oversight of HUD and the Federal Housing Administration, with a large focus on affordable housing and President Donald Trump’s executive order banning institutional investors. Congresswoman Maxine Waters (D-CA) opened the hearing…
With the spring homebuying season approaching, lower mortgage rates are a welcome development for households looking to buy a home. That’s the sentiment of some industry mortgage watchers as rates have hit recent record lows and applications for home purchases have seen solid increases over the past two weeks. The latest Primary Mortgage Market Survey®…
Real estate professionals often predicate success upon an external force, a factor beyond their control. Like interest rates. Or inventory. How many times have you thought, “if rates just came down a little” or “if we just had more listings,” surely, business would skyrocket. In reality, however, while interest rates and inventory are critically important…
The Federal Reserve is reportedly split when it comes to further interest rate cuts in 2026, operating with a “wait-and-see” attitude depending on how inflation moves during the year. The latest results from the Fed’s preferred gauge of inflation—the Bureau of Economic Analysis’s Personal Consumption Expenditure (PCE) report—showed inflation dipping then inching back up. Delayed…
Above, Lisa Cook President Donald Trump’s attempted firing of Federal Reserve Governor Lisa Cook appears to have hit a roadblock. The case was heard before the Supreme Court Wednesday and media reports indicate, based on the oral arguments and questions posed by the justices, the Court seems unlikely to allow the firing to proceed. The…
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