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New loans for UK commercial real estate hit historic low - Financial Times
New loans for UK commercial real estate hit historic low Financial Times
Rates ease as Fed says it will dial back balance sheet tightening
Federal Reserve policymakers say they'll slow the pace of "quantitative tightening" to $40 billion a month, less than half the pace envisioned 2 years ago.
HomeServices Hit by New Buyer Suit Days After Seller Settlement
HomeServices of America, after paying $250 million to settle seller suits and being dropped from the largest buyer suit, for a few short days was maybe the only large real estate company not directly facing commission litigation. That changed Monday, when lawyers behind the largest buyer suit (known as Batton) re-filed their accusations in a…
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Growth in residential, rental and mortgage segments lift Zillow in Q1
Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday.
EXp sees revenue rise, but agent count dips again in Q1
The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780.
Hyatt, Hilton among those accused of price-fixing in new antitrust suit
A lawsuit filed last week in California alleges the hotel industry engaged in illegal price-fixing using AI software.
Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight
The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation and employment cost data. In its familiar refrain, the central bank left the federal funds target range untouched at 5.25% to 5.5% after its monthly meetings on Tuesday and Wednesday. Most investors and analysts expected…
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Faith in NYCB restored, but worries about some regional banks remain
Wall Street investors believe promises made by new leadership of New York Community Bancorp, but concerns about the impact of interest rates and commercial lending on regional banks remain.
First-time homebuyers need income of $120K to afford median house in the US - ABC6OnYourSide.com
First-time homebuyers need income of $120K to afford median house in the US ABC6OnYourSide.com
Former NFL Players, Real Estate and Business Leaders Bring Unique Skills as Agents to Corcoran Affiliates
The Corcoran Group has announced three new agents will be joining the brokerage, bringing a unique combination of skills from their experiences as real estate professionals as well as former National Football League (NFL) players. Andy Levitre and Marc Mariani will be joining Corcoran Reverie in Nashville, Tennessee. Gregory Senat will be joining Corcoran Infinity…
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Corcoran Affiliates Recruit NFL Players as Agents
The Corcoran Group has announced three new agents will be joining the brokerage–recruited not from within the real estate industry, but from the National Football League (NFL). Andy Levitre and Marc Mariani will be joining Corcoran Reverie in Nashville, Tennessee. Gregory Senat will be joining Corcoran Infinity Properties’ The Klipper Group in New Jersey. Levitre…
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Ex-eXp agent at center of sex lawsuit sues for defamation
Michael Bjorkman wants more than $20 million. He says founder Glenn Sanford defamed him when discussing 'bad actors' and jail time on an earnings call.
Parks | Pilkerton Adopts Cloze for AI-Powered Real Estate Platform
Cloze—a software company that delivers AI-powered real estate solutions—announced today that Parks | Pilkerton—Tennessee’s largest residential real estate company—has selected their platform for lead management, multi-channel marketing automation, and customer relationship management (CRM). Cloze’s robust AI capabilities will help Parks | Pilkerton agents and leadership increase productivity and lead conversion. “As an organization, we’re committed…
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