Washington’s law restricting private home listings took effect June 11—and both sides of the state’s high-profile fight over listing policy have very different takes on the new rules. Senate Bill 6091, signed in March, requires that any residential property publicly marketed in Washington be concurrently marketed to the general public and all real estate brokers. …
The Federal Reserve’s lineup is due to change this year; the term of Governor Stephen Miran (nominated by President Donald Trump to fill a vacancy last year) ends in January, and Chairman Jerome Powell’s tenure as Fed chair ends in May—with Trump indicating Jan. 21 that he is close to making a decision on Powell’s…
The Redfin and Rocket $1.7 billion acquisition, expected to close in the next two quarters, just had more drama added to the potential power shift in the “portal wars.” Redfin investor Bruce Miller is suing the company, along with its board, in New York state court, alleging that Redfin misled investors by omitting financial details…
“For many buyers, six months spent lowering card balances, correcting report errors and building reserves is cheaper than taking the wrong loan today,” says one longtime loan expert. “A delayed purchase can hurt. A payment you cannot comfortably carry hurts much longer.” Read more.
