Tag Archives: News Brief

JPMorgan Chase CEO warns of higher rates, more inflation

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Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing. Continue reading →

Blackstone ramps up activity with $10B multifamily acquisition

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The acquisition of AIR Communities marks Blackstone’s largest in the multifamily sector and shows a bullishness in rental housing, as well as a mentality that the commercial market may be bottoming out. Continue reading →

Ohio multiple listing service MLS Now appoints new CEO

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Garry Marsoubian previously held a leadership position at Bright MLS and has experience working with multiple listing services’ data and technology. Continue reading →

Putrid garbage house stinks up LA neighborhood

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The trash-strewn property is sandwiched between two large, multimillion-dollar mansions, and residents are concerned the mounds could negatively affect property values in the area. Continue reading →

LeadingRE adds ‘Notable’ partner to Solutions Group

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Leading Real Estate Companies of the World has selected a new partner for its Solutions Group in Notable, a pay-at-close home renovation vendor. Continue reading →

Barbara Corcoran on the $418M NAR settlement: It’s ‘not a big deal’

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Corcoran told Yahoo! Finance she doesn’t believe the effects of the settlement will be as earth-shattering as many make them out to be, but that “the confusion it’s causing is amazing.” Continue reading →

T3 Sixty nixes this year’s Mega 1000 list in wake of NAR settlement

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The move comes two weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved. Continue reading →

Nepo Babies grow up as data points to new phenomenon: Nepo Buyers

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Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday. Continue reading →

The Agency opened 12 new offices in Q1 amid rush of global expansion

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The luxury brokerage’s first-quarter activity has spanned the U.S., Canada, Mexico, the Caribbean, Spain, and most recently Edmonton, in Canada’s Alberta province, the brokerage announced Tuesday. Continue reading →

US home price growth accelerates in January at fastest pace since ’22

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The S&P Core Logic Case-Schiller National Home Price Index tallied a 6 percent annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday. Continue reading →