Monthly Archives: January 2024

Watson Salari Group makes it Official, leaves Coldwell Banker

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Teammates Brent Watson and Marco Salari will become founding agents for Official in Los Angeles. The team has closed more than $2.75 billion in career sales. Continue reading →

Fed policymakers want more data, dash hopes of March rate cut

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Fed Chair Jerome Powell says a rate cut at the central bank’s next meeting is not “the base case,” with policymakers wanting to see more data showing inflation is on a sustainable path down to 2 percent. Continue reading →

Illinois Realtors raises $1M war chest to fight Chicago tax hike

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Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight. Continue reading →

Applications for purchase loans sag for first time in 2024

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Firming up of mortgage rates finally catches up with homebuyer demand, with applications for purchase loans falling by a seasonally adjusted 11 percent last week, MBA survey shows. Continue reading →

Offerpad PRO, MAX programs center incentives on agents

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The company announced the formation of two new tiers of agent collaboration, Offerpad PRO and Offerpad MAX, the latter being an invite-only network for high performers aiming to become long-term referral partners. Continue reading →

Long-serving HAR CEO Bob Hale announces his retirement

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Hale has been with HAR since the 1970s, racking up a long list of accomplishments and awards along the way. René Galvan will succeed him as president and CEO. Continue reading →

Engel & Völkers launches in New Hampshire with Portsmouth shop

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The new shop is led by License Partner Dean Poritzky and Vice President and Marketing Director Paige McVay of Engel & Völkers Wellesley. Continue reading →

Record-breaking NYC townhouse sale goes to mystery buyer

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A mystery couple has bought Greenwich Village’s most expensive townhouse for $72.5 million, surpassing the previous record by $14.3 million. The 12,000-square-foot property was sold off-market, with the buyers planning to use it as a pied-à-terre. Continue reading →