Compass held its Q2 earnings call on Wednesday, July 31, 2024. During the investor Q&A portion, CEO and Founder Robert Reffkin claimed that NAR’s “clear cooperation” rule is on borrowed time.  Clear cooperation requires that REALTORS® list a property on an MLS affiliated with the National Association of REALTORS® (NAR), within 24 hours of marketing…

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US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices  The Business Journal

Shareholder Bradley Tirpak said in a letter to investors published on Wednesday that Lorber's leadership had fallen short as the firm has continued to see financial losses and scrutiny amid the Alexander brothers sexual assault scandal.

Compass' Gretchen Cooley and Reserve 76 Realty's Heather Shimala told the Inman Connect Las Vegas audience about how their team events bring in business and recruit agents.

ATTOM Data Solutions has published its U.S. Home Equity & Underwater Report, tracking changes in nationwide home equity levels during Q2 2024. The latest report comes with good news: Almost half (49.2%) of mortgaged residential properties in the U.S. were considered equity rich during the second quarter. This is up from the 45.8% in Q1.…

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Despite an improvement in housing affordability, property sales continue to decline. Pending home sales dropped 5.7 percent year over year, Redfin reported Thursday.

The National Association of REALTORS® has published new resources to help guide consumers on the impact of the March 15 settlement agreement and support both REALTORS® and consumers as they navigate the changes required by the agreement. “Prior to and throughout the Settlement litigation, NAR has remained committed to protecting consumer choice and transparency, and…

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10 Reasons Why Buy-to-Let Property Investment is Dead in London  Property118

Residential Property  The Irish Times

As US home prices soar, these 2 Texas metro areas are seeing prices drop  Austin American-Statesman

RISMedia is proudly accepting nominations for the 2025 Class of Real Estate Newsmakers! This one-of-a-kind recognition program is designed to spotlight and celebrate individuals from across the U.S. who are making headlines in 2024 for their commitment and contributions to the real estate industry, as well as going the extra mile to positively impact their…

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UK property market buoyed by interest rate cut  Financial Times

News | Trinova Acquires Circa £100 Million London Cannon Bridge House Loan  CoStar Group

Unsurprisingly, Federal Reserve (Fed) officials made the decision not to cut interest rates yesterday afternoon, despite indicators that the economy is slowing. Rates currently remain at an unchanged figure between 5.25% and 5.5%, with Fed Chair Jerome Powell suggesting that September may be the appropriate time to make cuts. Powell indicated that “a reduction in…

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The franchisor's revenue remained flat year over year as it had to make significant payments during the quarter to address the commission lawsuit settlement and a 1999 tax matter. CEO Ryan Schneider expressed confidence in the company's ability to navigate industry uncertainty.

Rising property tax bills are stinging US homeowners — but these 8 states are doing something about it  MSN

Explore Novak Djokovic’s Houses Around the World  Architectural Digest

German manufacturer Perma USA sells longtime Charlotte site after $15M HQ move  The Business Journals

German manufacturer Perma USA sells longtime Charlotte site after $15M HQ move  Charlotte Business Journal

U.S. Pending Home Sales Rise 5 Percent in June, First Time in 3 Months  The World Property Journal