Tag Archives: News Brief

Modern-day redlining is killing Black neighborhoods: HUD Secretary

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Lending practices are killing Black neighborhoods across the country by making it so that only investors can afford to buy in them, HUD Secretary Marcia Fudge said. Continue reading →

eXp Realty expands southern continent operations to Chile

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With the new expansion, eXp now operates in 22 markets and has more than 84,000 agents worldwide. Its established markets in South America include Colombia and Brazil. Continue reading →

Real Estate Webmasters partners with LuxuryRealEstate.com

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The partnership will provide members with its Renaissance web development and content management platform, luxury-focused lead generation tools and other innovations, REW says. Continue reading →

Jeff Bezos’ ex-wife, MacKenzie Scott, donates mansions to charity

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MacKenzie Scott, a novelist, received sole ownership of the two homes following her divorce from Bezos in 2019 after 25 years of marriage. The donation was announced by the California Community Foundation . Continue reading →

US home equity has reached new heights. What happens next?

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Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Continue reading →

EXp picks up top-performing teams from Keller Williams, RE/MAX

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The Incorvaia Team and the Ige Johnson Group are the latest in a long string of teams to jump ship for the virtual brokerage. Continue reading →

Spending on construction dipped in July amid market slowdown

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Spending on construction in the U.S. has been growing for years, but amid rising rates and a stalling market that trend appears to be coming to an end. Continue reading →

Is the summer rush obscuring a deeper housing slowdown?

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The seasonal summer boom in the housing market has gone head-to-head with dramatically cooling market conditions. The latest data reflects the market appears to be “losing steam.” Continue reading →