Rating agencies issue more cautions about banking industry

It’s not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts said. Continue reading

Jonathan Scott and Zooey Deschanel are engaged

The couple have been together since 2019 and recently completed a two-year renovation on a Georgian-style home they purchased together in 2020, according to reports. Continue reading

Real estate heroes come to rescue after suffering losses in Maui fires

Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces. Continue reading

Real estate investors believe the worst may be in the rear view

The outlook is mixed, but “it does look like prices may have bottomed out and are on their way back up,” said CJ Patrick Company CEO Rick Sharga. Continue reading

Tom Ford nabs Jackie O’s former Hamptons summer home at $52M

The deal is just the latest of Tom Ford’s big-ticket transactions, following a $51 million home purchase in Palm Beach at the end of last year and a more recent trading of that home for another mansion in the luxury South Florida market, according to r… Continue reading

Mortgage assistance for Hawaii fire victims includes forbearance help

Fannie Mae, Freddie Mac and the Federal Housing Administration outlined relief for homeowners as FEMA and the state of Hawaii rushed to provide emergency housing for displaced residents. Continue reading

Industry rallies to work around ongoing Rapattoni cyberattack

A ransomware attack was unleashed last Wednesday, Aug. 8, on Rapattoni, a prominent software and property data provider for the real estate industry. The attack is ongoing, according to reports. Continue reading

Gary Keller: A ‘rolling recession’ will hit the US housing market in 2024

Keller Williams kicked off its Mega Agent Camp on Tuesday with remarks from Gary Keller, who warned of a “rolling recession” while predicting agents will survive treacherous economic terrain. Continue reading

‘It’s well past time’: DOJ urges court to overturn NAR commission ruling

In a Friday brief, the Department of Justice argued the National Association of Realtors’ pocket listing and commission rules need “to be assessed on their merits” on whether they cost American homebuyers billions of dollars a year. Continue reading

Exceptional agents get serious about these 4 pillars of service

In the first part of his five-part series, broker Nick Schlekeway looks at the way service forms the basis for real estate agent success. Continue reading