Fed preparing to slow the pace of ‘quantitative tightening’

In addition to anticipating three rate cuts this year, Federal Reserve policymakers are considering whether to taper the pace at which they unwind the central bank’s $7 trillion balance sheet. Continue reading

Who’s out: The brokerages not covered in the NAR settlement

More than 90 brokerages would not be covered under the $418 million deal, though most have the option of buying in. Continue reading

Local Logic, Property Panorama integration provides market clarity

Local Logic and Property Panorama are working together to advance the way real estate agents present listings and services to the market. Continue reading

Landlords pull plug on renter incentives ahead of spring

While incentives are still an integral part of the new-home market, they’re falling out of popularity in the rental segment as demand — and competition — strengthens. The number of Zillow rental listings with concessions has struggled, going from 32.7 … Continue reading

Trump son-in-law Kushner pursues overseas real estate deals

Jared Kushner, husband of Ivanka Trump, is pursuing deals in Albania and Serbia even as his father-in-law runs for president. Some observers say the situation raises red flags. Continue reading

In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100 million through a tax hike on real estate sales. Continue reading

Rising mortgage rates threaten to curtail spring homebuying

After two consecutive weeks of rising demand, applications for purchase mortgages dropped by a seasonally adjusted 1 percent last week compared to the week before, and 14 percent from a year ago. Continue reading

RESAAS ‘coming soon’ listings can now be found on Zillow

Customers of real estate software company RESAAS can now opt in to having listings published as “coming soon” on industry-leading search portal Zillow. Continue reading

After the NAR settlement, 5 keys to buyer relationship marketing

Agents who see the changes coming and adapt to the new reality by cementing their relationships will be in a position to seize the day as market winds shift, mega-team leader Carl Medford writes. Continue reading

Bess Freedman says Trump is too late to sell Mar-a-Lago for bond

Mar-a-Lago may be worth hundreds of millions, the Brown Harris Stevens CEO said, but there’s certainly not “enough time” to offload it by Monday when Trump’s $454 million bond is due. Continue reading