The new rule affects legal entity or trust purchases of residential real estate without financing
It has been a challenging year for many real estate agents contending with a volatile economy, but the luxury market has remained resilient in the face of uncertainty
According to Coldwell Banker, luxury real estate agents can expect 'smart luxury,' move-up buyers, and cash purchases to impact the market in the months ahead
Treasury Secretary Janet Yellen said the new reporting rules will 'close critical loopholes in the US financial system' that allowed criminals to launder money through all-cash residential sales