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DOJ Negotiates Another Settlement in Bank Redlining Initiative
The Department of Justice (DOJ) has approved a settlement from OceanFirst Bank in relation to a redlining investigation against them. The Conciliation Agreement was announced Wednesday, Sept. 18 by the Department of Housing and Urban Development (HUD). OceanFirst Bank—located in Toms River, New Jersey—was alleged to have engaged in redlining by restricting access to credit…
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Broker Spotlight: Mark Nottingham, @properties
EXp picks up 200-agent Hudson Valley indie brokerage
The Bond House: Where Luxury Is No Longer Just a License to Thrill
Property highlights: Location: Austin, Texas Listing Price: $8.9 million Features: 5,100-square-foot waterfront retreat with four bedrooms and five bathrooms. Added Appeal: Solarium pool, ensuite bathrooms, grand room with pitched ceilings and floor-to-ceiling windows complete with lake views. Nestled on the serene shores of Lake Travis, The Bond House is an architectural marvel designed by the legendary…
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Future Focused: Updating Your Business Plan for 2025
As real estate professionals continue to navigate today’s legal landscape and face the impactful changes resulting from the National Association of REALTORS®’ (NAR) $418 million settlement, mapping out a business plan for the year ahead is more important than ever. Embrace the new As policy changes that took effect last month under NAR’s Settlement Agreement…
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Tough love time? Here are 5 strategies for better agent results
Mortgage Rates Continue to Fall, Driving Activity for Purchases, Refinances
More signs point to more favorable housing costs this week as average mortgage rates continued to fall, following an aggressive half a point cut to interest rates announced by the Federal Reserve on Wednesday. The 30-year fixed-rate mortgage (FRM) averaged 6.09% this week, down from 6.20% last week, according to the latest Primary Mortgage Market…
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Compass nabs high-profile NYC agent from Official
Compass sees growth spurt in Arizona with addition of North & Co
New York Regional Single-Family Home Price Jumps 8.4% in August 2024
New York’s OneKey® MLS reported significant trends in August 2024 reflecting a resilient housing market with higher-value transactions. The multiple listing service, which services Montauk to Manhattan and through the Hudson Valley to the Catskill Mountains, reported in August, the regional single-family closed median sale price was $725,000, marking an 8.4% year-over-year increase from $669,000…
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Katie Kossev: ‘Mass confusion’ common in the wake of NAR’s rules
Harry Norman, REALTORS® Appoints Stan Baker as Vice President of Relocation and Business Development
Harry Norman, REALTORS®—a member of Leading Real Estate Companies of the World®—has announced the appointment of Stan Baker as the new vice president of Relocation and Business Development. With over 30 years’ experience expanding business and operational efficiencies, Baker brings a wealth of knowledge and a proven track record of success to the Harry Norman,…
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EXp Realty to host AI-powered Hackathon in Miami Beach
Economic Index Falls for Sixth Straight Month
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, fell by 0.2% in August to 100.2, following a decline of 0.6% in July. Over the six-month period ending in August, the…
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