Monthly Archives: August 2023

Black Knight ready to spin off Empower, Optimal Blue businesses

By | | Uncategorized
Comments Off on Black Knight ready to spin off Empower, Optimal Blue businesses

To win approval from antitrust regulators for its merger with Intercontinental Exchange (ICE), Black Knight will sell two businesses to subsidiaries of Canadian-based software giant Constellation Software next month. Continue reading →

John Davis files a racketeering lawsuit against Keller Williams

By | | Uncategorized
Comments Off on John Davis files a racketeering lawsuit against Keller Williams

Three months after a Texas judge sent former Keller Williams CEO John Davis’ $300 million fraud suit against the franchisor to arbitration, Davis is back with new racketeering claims. Continue reading →

LA City Council approves $150M in ‘mansion tax’ allocations

By | | Uncategorized
Comments Off on LA City Council approves $150M in ‘mansion tax’ allocations

Funds will go to short-term emergency rental assistance, eviction defense, tenant outreach and education, direct cash assistance for low-income seniors and individuals with disabilities, tenant protections and affordable housing development, according … Continue reading →

Homebuyer mortgage demand picks up for 1st time in 6 weeks

By | | Uncategorized
Comments Off on Homebuyer mortgage demand picks up for 1st time in 6 weeks

After dipping to the lowest level since April 1995, applications for purchase mortgages edge up 2 percent week over week but are still down 27 percent from a year ago as mortgage rates retreat from 2023 highs. Continue reading →

As NAR scandal unfolds, keep up with Inman’s latest coverage here

By | | Uncategorized
Comments Off on As NAR scandal unfolds, keep up with Inman’s latest coverage here

From Janelle Brevard’s harassment suit to the fallout that ensued following the resignation of National Association of Realtors president Kenny Parcell, stay up to date with NAR coverage here. Continue reading →

Pending sales rise at fastest clip since January as buyers shift gears

By | | Uncategorized
Comments Off on Pending sales rise at fastest clip since January as buyers shift gears

Building on upward momentum from June, pending home sales rose 0.9 percent in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data. Continue reading →

Cover up, circle the wagons, pounce on critics: NAR’s MO

By | | Uncategorized
Comments Off on Cover up, circle the wagons, pounce on critics: NAR’s MO

The arcane volunteer structure at the National Association of Realtors prevents proactive decision-making and erodes individual accountability, Brad Inman writes. Continue reading →

Mystery solved: The Silicon Valley entity behind Flannery Associates

By | | Uncategorized
Comments Off on Mystery solved: The Silicon Valley entity behind Flannery Associates

Over the past six years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900 million in farmland outside the Bay Area. Now investors behind the plan have been revealed. Continue reading →