Tag Archives: COVID-19

Federal eviction ban survives another day

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A judge ruled on Friday that the latest eviction moratorium is likely illegal, but that it’s ultimately up to a higher court to decide if it can continue. Continue reading →

Supreme Court partially blocks New York’s eviction ban

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The court argued that by allowing tenants to self-certify that they’re facing economic hardship as a result of the pandemic, New York’s COVID eviction ban was unconstitutional. Continue reading →

Compass CEO: There’s ‘incredible’ demand from foreign buyers

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Robert Reffkin also said he expects the New York City real estate market to rebound, and that housing in general should thrive in the near-term future. Continue reading →

The best US cities for rental arbitrage in 2021

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Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term. A new report found that less densely packed coastal destination markets are prime locations for arbitrage in 2021. Continue reading →

RE/MAX sees revenue and agent count inching upward in Q2

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New earnings report reveals RE/MAX revenue grew 48 percent year over year by the end of June, while its total number of agents hit 140,201. Continue reading →

Americans get comfy with digital transactions: report

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A new report from Notarize shows that 81 percent of people in the U.S. feel safe making financial transactions online Continue reading →

‘It’s creating a nightmare’: Agents, landlords bristle at new eviction ban

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Industry professionals argued that the latest eviction moratorium hurts small time landlords and leads to renters piling up debt. Continue reading →

EXp rakes in $1B in revenue, sees soaring agent count

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The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87 percent year over year, according to a Q2 earnings report released Wednesday. Continue reading →

Dottie Herman steps down as Douglas Elliman CEO

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Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years. Continue reading →