Tag Archives: Washington D.C.

NAR pulls the plug on its annual tech conference

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The Innovation, Opportunity & Investment (iOi) Summit will “evolve” to provide year-round education, while signature events will move to other NAR conferences. Continue reading →

DOGE cost-cutting exposes risk to cities with federal office space

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Impact on certain markets may be “profound,” attorneys warn, as federal agencies look to cut the size of their real estate footprint by as much as 50 percent under the Trump administration. Continue reading →

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

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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 →

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

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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 →

Home prices hit record high in November despite cooling demand

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In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2 percent and 3.8 percent, respectively, according to new data released Tuesday. Continue reading →

Zillow taps Uber executive as vice president of market operations

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Former Uber and Expedia Group executive Zuhairah Washington will be tasked with helping lead growth in the Flex and Enhanced Market segments, according to an announcement on Monday. Continue reading →

Home tours are on the rise — but buyers aren’t making offers

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Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted me… Continue reading →

Mortgage demand crumbles as rates are on the rise again

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With mortgage rates back to where they were last summer, purchase applications are coming in at the slowest pace since February 2024, Mortgage Bankers Association lender survey finds. Continue reading →

Rocket accused of using ‘kickback scheme’ to attract more borrowers

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The Consumer Financial Protection Bureau claims Rocket gave real estate agents incentives to steer consumers away from other companies. Rocket calls the allegations a “lie” and political ploy. Continue reading →

Redfin commission model drawing more, better agents: Jason Aleem

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Aleem, Redfin’s chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money. Continue reading →