Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

The Pinnacle Group joins forces with Douglas Elliman

The eight-person team, established by agent Elaine Bannigan, will now work out of Douglas Elliman’s new office in Wellesley, Massachusetts, the company exclusively told Inman. Continue reading

Realty ONE Group plants flag in Cayman Islands and Cyprus

The new franchises add to the brand’s presence across the globe in more than 400 offices in 49 states, Washington D.C., Puerto Rico, Canada and several other countries. Continue reading

Appraiser ordered to watch exposé on Black homeowners she lowballed

Paul Austin and wife Tenisha Tate-Austin sued appraiser Janette Miller in 2021 after a lowball quote prompted the couple to pose a white friend as the homeowner for a second appraisal. Continue reading

News Corp CEO vows to reenergize Realtor.com after CoStar deal dies

In remarks at Morgan Stanley’s Technology, Media and Telcom Conference Tuesday, CEO Robert Thomson said growing Realtor.com after its sale to CoStar fell through is a “personal priority.” Continue reading

Home price growth slows for 9th consecutive month in January

Annual home price growth dropped to 5.5 percent in the first month of 2023, but fell just 0.2 percent month over month, according to data released Tuesday as part of the CoreLogic Home Price Index. Continue reading

Amazon pauses construction on Virginia HQ2 as it looks to cut costs

Amazon is expected to complete the first phase of its Virginia headquarters in June, but it’s pausing construction on the larger phase of the project across the street. Continue reading