Sudden ban on rental broker fees in New York draws outrage from real estate industry, praise from renters

Individual agents and brokers blasted the decision, saying it would eventually pass the costs onto consumers in the form of higher rent. Continue reading

Zephyr Real Estate affiliates with Corcoran to launch first franchise

Zephyr Real Estate — the largest indie in San Francisco and a top 100 brokerage in sales volume — and Oliver Luxury Real Estate are becoming Corcoran Global Living. Continue reading

NAR president applauds Trump’s State of the Union address

NAR President Vince Malta praised President Trump’s mention of Opportunity Zones, infrastructure reform and association health plans. Continue reading

Mortgage rates plummeting amid Coronavirus outbreak fears

Matthew Speakman, an economist with Zillow, said a worsening of the virus outbreak could drive mortgage rates even lower. Continue reading

Mortgage companies compete for Super Bowl spotlight

Major mortgage lenders and real estate companies joined the Super Bowl advertising fray, where commercial spots cost $5.2 million for 30 seconds. Continue reading

Here’s why Compass launched a bridge loans program

Carly Litzenberger, the senior director of new ventures at Compass, gave more insight into the impetus behind launching the program at Inman Connect in New York. Continue reading