NAR fires back at Mauricio Umansky’s PLS in new legal filing

The trade association essentially denied all allegations that The PLS made against it, arguing that Clear Cooperation and NAR policies are “lawful, justified, procompetitive [and] pro-consumer,” and that they were conducted with NAR’s legitimate busine… Continue reading

How an agent’s networking landed him Roseanne Barr’s Hawaii listing

After decades in LA, Paul Stukin moved his family and his business to Hawaii. Keeping up those SoCal relationships recently helped him win comedian Roseanne Barr’s macadamia nut farm listing. Continue reading

Fed governor sues Trump over ‘unprecedented and illegal’ firing

Federal Reserve governor Lisa Cook filed a lawsuit against President Trump on Thursday alleging that his attempted firing of her was illegal without him showing “cause” for her termination. Continue reading

Sellers outnumber buyers by 36% — but that figure is starting to shrink

In the past two months, the total number of homesellers in the market has fallen from a peak of 1.96 million in May to 1.95 million in July, Redfin reported. As sellers realize that homebuyers have the upper hand now, some are opting out of the market … Continue reading

Brad Inman: ‘AI will be god-like,’ and other real estate predictions

The Inman founder recently shared why he’s excited about the future of AI — and talked about what he sees coming next for real estate. Continue reading

US home prices see modest annual gains, but lag behind inflation

The S&P Cotality Case-Shiller Index reported home price gains of 1.9 percent while the FHFA reported nationwide home price gains of 2.9 percent. Inflation sits at 2.7 percent, which still leaves consumers in a sticky situation. Continue reading

How this agent sold $20M in real estate in the past 12 months through Instagram

Jordan Silver said essentially all of his business comes in through Instagram today, but he continues to practice traditional forms of real estate marketing, too. Agents need to keep evolving and have fun with their content marketing to succeed, he said. Continue reading

New-home sales declined in July but beat analyst expectations

Sales of new single-family homes dropped 8.2 percent year over year to a seasonally adjusted annual rate of 652,000, which still beat analysts’ expectations of a rate of about 630,000 units. Continue reading

NYC luxury agent accused of biting child over concert free T-shirt toss

Compass agent Gail Bomze was arrested after allegedly biting a 7-year-old child during a free T-shirt toss at East Hamptons’ Tuesdays on Main beach concert series. Bomze denies the allegations and says she was pushed to the ground by teenagers during t… Continue reading

Mortgage rates hit 10-month low, spurring lower monthly payments

The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage. Continue reading