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Economic Index Declines Again in April, Pointing to Slower Growth
The Conference Board Leading Economic Index (LEI) for the U.S. decreased 0.6% in April to 101.8, after decreasing 0.3% in March. Over the six-month period between October 2023 and April 2024, the LEI contracted 1.9%—a smaller decrease than its 3.5% decline over the previous six months. “Another decline in the U.S. LEI confirms that softer…
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States Face Unique Risks, Scrutiny as NAR Settlement Trickles Down
Overlooked in the national scramble to address the National Association of REALTORS®’ (NAR) settlement, and comprehend (or decry) all the changes that are coming to the industry, is the foundational truism that applies to every facet of real estate: that it is local. Just like with every other issue, every region and even every state…
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Planning for a New Commission Future
Above, from left, Elias Astuto, Riezl Baker, Keith Robinson and Maureen Sullivan In the wake of the National Association of REALTORS®’ decision to settle commission lawsuits, the real estate industry is bracing for a new reality. Rather than clinging to how things were before, we asked some of our 2024 Real Estate Newsmakers the following…
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Global Cities Post-Pandemic Have Blueprint in London's Recent Success - Commercial Observer
California, United States Luxury Real Estate Home - California Listings
Housing Market Predictions for Next 2 Years: Will it Crash? - Norada Real Estate Investments
Barratt London launches West London project Royal Gateway in Singapore - EdgeProp Singapore
UWM’s controversial mortgage site now an official NBA partner
Don’t Get Angry, Get Educated: How MLS Data, Buyer Contracts Can Transcend Settlement Changes
You don’t have to like it. But you can only hate it for so long. More than two months after the National Association of REALTORS® (NAR) announced it was paying $418 million and making long-resisted changes to MLS policy and compensation, brokers and MLS leaders are still seeing that anger in the real estate community.…
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Escrow Holdbacks vs. Repair Escrows: What’s the Difference?
Escrow holdbacks and repair escrows are common tools in real estate transactions, used to facilitate smooth property transfers under certain conditions. These financial arrangements help manage and mitigate risks associated with property conditions at closing. I will clarify the distinctions and similarities between escrow holdbacks for repairs and other types of escrow accounts. You will…
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SERHANT. snags sales of NYC new development from The Agency
Budnick Out, Blefari Returning as CEO at HSF Affiliates
In an unexpected move last week but made public May 16, Christy Budnick announced that she was stepping down June 3 as CEO of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS). The company said that Gino Blefari would return as CEO of HSF Affiliates, adding to his position as CEO of HomeServices of…
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