RE/MAX has purchased Compass’s Chicago North Shore office locations, Inman learned on Wednesday. Compass offloaded the brick-and-mortar locations as a result of its $444 million acquisition of @properties Christie’s International Real Estate, which clo… Continue reading
The law that went into effect on Monday prohibits individuals and companies from China, Iran, North Korea and Russia from buying or leasing property for more than one year. Continue reading
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
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
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
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
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
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
Attorneys from Hagens Berman have urged consumers that have sold a home since 2021 with the aid of an “online real estate agent” to reach out to the firm since they may be eligible for compensation as a result of “deceptive practices” by the real estat… Continue reading
The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading