If Fannie and Freddie go public, what happens to mortgage rates?
Impact on rates depends on the structure of rumored IPO. Whatever the plan, the Trump administration has stacked the boards at the mortgage giants with its supporters
by Matt Carter Aug 8
Luxury Presence deploys first 'fully autonomous AI marketing team'
Each AI agent does precisely what a person charged with each job can do: manage ad spend, write about local events and market trends, adjust SEO tactics and follow up on new leads
by Craig C. Rowe Jul 31
Outside lawyers, WSJ editorial board urge Trump not to fire Powell
Trump administration would probably lose court battle, lawyers reportedly advise White House, and markets would react badly, 'The Wall Street Journal' editorial board warns
by Matt Carter Jul 18
Trump official: Fed chair to answer for 'ostentatious' renovations
OMB Director Russell Vought put accusations that Federal Reserve Chair Jerome Powell lied to Congress about a $2.5B renovation of the Fed's headquarters in writing Thursday
by Matt Carter Jul 10
NYC broker fee bill goes into effect despite REBNY lawsuit
New York City's broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill's enforcement but failed
by Marian McPherson Jun 11
RealPage may catch break under Trump's 'One, Big, Beautiful Bill'
The House Republican tax bill includes a sweeping provision that would prevent governments from regulating artificial intelligence and automated decision systems for 10 years
by Richelle Hammiel May 28
Compass negotiating to buy Berkshire Hathaway HomeServices
The deal is reportedly nearing the finish line, though the companies have not agreed on final terms
Byron Allen sells unit inside NYC's 220 Central Park South for $82.5M
The media mogul bought the 6,600-square-foot unit in 2023 for $75M, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit in the building
by Lillian Dickerson Mar 10
'Jeopardy!' and 'Wheel of Fortune' creator's former estate lowers ask
The 40-acre estate with multiple structures hit the market last April for $36M, and the price has been knocked down to $29.95M as of Feb. 7. Will buyers bite?
by Lillian Dickerson Feb 11
Vacant, foreign-owned homes draw criticism in LA post-wildfires
Wildfire victims and other residents are wondering what good vacant properties owned by individuals who live thousands of miles away serve while so many struggle to find housing
by Lillian Dickerson Feb 10
CAR publishes open letter to support LA wildfire victims
The letter, to be published in the 'LA Times' and other prominent news outlets, provides information for California residents about price gouging, fraud and unsolicited offers
NYC real estate vet Scott Harris launches Magnetic firm with Side
After 18 years with Brown Harris Stevens, Harris has set off on his own with members of his previous team alongside him. The firm will put a high focus on client and agent service
Ted Cruz aims to defund CFPB with implications for lender oversight
Although the agency was created by Democrats in an effort to protect consumers from abusive financial practices, it has continued to be viewed by Republicans as an unchecked power
by Lillian Dickerson Jan 31
Zillow, not CoStar, is Realtor.com's biggest competitor, Eales insists
As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY
by Marian McPherson Jan 23
Brokers are beginning to see bright side of post-settlement landscape
Industry changes stemming from the National Association of Realtors' antitrust settlement have made listing appointments easier, among other perks, real estate leaders told Inman
by Jim Dalrymple II Jan 21