Senate confirms Scott Turner as HUD secretary in 55-44 vote

Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44. Continue reading

Will HUD Secretary Scott Turner be good for housing?

Broker and former U.S. Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary. Continue reading

Bess Freedman on why Compass’ listing portal is raising red flags

Launched Monday, Compass One’s aim is to funnel business through private exclusive channels, Brown Harris Stevens CEO Bess Freedman writes — yet it threatens a healthy real estate market. Continue reading

How to create a financial plan as a brand new team leader

With careful planning and strategic execution, you can achieve your financial objectives and lead your real estate team to long-term success, Verl Workman writes. Continue reading

Fair housing protections rolled back on Day 1 of Trump presidency

Having fair access and the opportunity to lease or own a home is paramount to the American dream, Dr. Lee Davenport writes. Here’s how new policies could impact that goal. Continue reading

Tell us how you feel about Trump’s 1st wave of executive orders: Pulse

What do you think about the president’s first few weeks in office? Are his proposed policies poised to help or hurt the housing market and the wider economy? Continue reading

Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Patterson Homes joins Century 21 as 1st Memphis-based firm

Under Patterson’s leadership at Century 21, the team will continue serving clients in Shelby and Desoto counties, specializing in residential and commercial buying and selling, while strengthening brand recognition in the Greater Memphis area. Continue reading

Commissions have fallen for homes above $500K, Redfin says

Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading

Climate change reshapes real estate, putting $1.5T in value at risk

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases. Continue reading