Key Fed Member Says Financial Institutions Need to Understand Full Potential of AI
At a speech this week on the potential impacts of AI on the financial markets, Michael Barr—the Fed’s current vice...
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CoStar Focuses on Homes.com Salesforce Growth in 2025, Touts Core Businesses
In a fourth quarter and full year 2024 earnings call February 18, CoStar Group Founder and CEO Andy Florance touted...
New Residential Construction Trends Down Almost 10% in January
This year kicked off with a downturn in construction—seasonally adjusted, there were only 1,366,000 privately-owned housing starts in January, 9.8%...
Compass Q4: Revenues and Agent Count Up, Losses Trimmed, CEO Bullish
In a Q4 and full year 2024 earnings call February 18, Compass—the tech-focused real estate services company that trumpets itself...
Mortgage, Refinance Applications Dip to Lowest Level This Year
On the heels of this month’s Consumer Price Index (CPI) data, a main measure of inflation, rising for the fourth...
Homebuilder Confidence Takes Hit; Expectations for Next Six Months Plummet
Builder sentiment took a significant reduction in February, declining by five index points over tariff, building cost and mortgage rate...
Opportunity Zones Brought Local Home Prices Higher in 2024
Current Housing and Urban Development (HUD) Secretary Scott Turner previously worked in housing during the first Trump administration—specifically overseeing so-called...
Court Report: DOJ Takes on ‘Mandatory’ MLS Rules; Plaintiffs Denied in Buyer Case
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate....
DOJ Lawyer Tells Appeals Court MLS Rules Can Be ‘Mandatory in Practice’
The Department of Justice (DOJ) took a hard stance against a previous court ruling in a case involving Real Estate...
HUD to Cut 50% of Employees Amid Trump and DOGE Crackdown
The U.S. Department of Housing and Urban Development (HUD) appears to be joining the roster of government agencies facing cuts. ...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.
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