Tag Archives: News Brief

Compass nabs high-profile NYC agent from Official

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Jared Schwadron operates in New York City, the Hamptons and Miami and is the latest get for Compass as it competes to build a roster of top agents in lean times. Continue reading →

Era Ventures launches record-breaking $88M real estate fund

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Clelia Warburg Peters, Era Ventures’ founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation. Continue reading →

Upfront lands $2.5M in funding to streamline credit access for agents

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Even before the commission crunch, real estate agents have struggled to make ends meet. Through brokerage partnerships, Upfront aims to ease access to credit for working agents.
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Oregon real estate brokerages merge under RE/MAX banner

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Announced Friday, the merger will unite RE/MAX Key Properties and West + Main Homes Oregon. The new company will tout the RE/MAX name and resume operations with nearly 90 agents. Continue reading →

Michael Jordan’s Northern Chicago mansion scores potential buyer

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After 12 years on the market, Jordan’s Highland Park mansion is finally in contingency following price cuts totaling nearly $15 million. In the end, the final list price clocked in at $14.855 million. Continue reading →

Mortgage payments cheaper than rent in nearly half of all US metros

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Mortgage rates have dropped to their lowest levels since 2023 in 22 of the 50 largest U.S. metros — even as rent prices continue to rise, according to a new analysis from Zillow released on Monday. Continue reading →

Trump allies formulating plans to privatize Fannie and Freddie

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A new “Wall Street Journal” report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee. Continue reading →

Second-home mortgages decline amid economic uncertainty

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U.S. homeowners are showing less interest in taking on second-home mortgages, as elevated prices and economic jitters make these properties less appealing, Redfin reported on Thursday.
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California MLS MetroList debuts AI-based voice search

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The search platform is already live on the multiple listing service’s website and comes amid a growing interest in using artificial intelligence to improve consumer home searches Continue reading →

Dwiggins-led franchisor NextHome settles commission suits

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NextHome has more than 600 offices across the U.S. but is perhaps best-known for CEO James Dwiggins, who has been a prominent commentator on antitrust litigation. Continue reading →