Rating agencies issue more cautions about banking industry

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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 →