After a delayed release, a revision from the Bureau of Labor Statistics confirmed what many economists were expecting this week: the labor market is not as strong as previously thought.
Today, the National Association of REALTORS® (NAR) has named Nykia Wright as its permanent CEO. Wright has served as Interim CEO since former CEO Bob Goldberg stepped down last November.
On August 16, 2024, the Cassina Group, LLC, a real estate firm based in South Carolina, filed an antitrust class action lawsuit against NAR and seven state Realtor associations.
On Friday, August 16, 2024, Vice President Kamala Harris announced her plan to provide up to $25K in down payment assistance for first-time buyers who have paid their rent on time for two years.
Michigan real estate professionals have filed a class-action lawsuit against NAR, MAR, and local Realtor boards, alleging that mandatory memberships violate antitrust laws and harm their business by monopolizing MLS access.
On August 7, Zillow Group announced Jeremy Wacksman as its new CEO. Co-founder and former CEO Rich Barton will remain on the company’s Board of Directors.
U.S. stocks suffered a major decline on Monday, with the Dow dropping 1,000 points. Real estate stocks followed suit, with significant losses across brokerages and homebuilders.
On today’s Hot Sheet, BAM co-founder Byron Lazine discussed Friday’s employment report and subsequent market reactions, how it could impact the U.S. housing market, and how real estate agents can talk to consumers about today’s headlines.
Leo Pareja, CEO of eXp, just reached out to BAM to share the news: its agent toolkit for sellers is officially live.
On August 1, 2024, Zillow announced new state-specific touring agreements to help agents get ahead of NAR settlement changes.
Today, the Consumer Federation of America released “Proposed Criteria for Evaluating Home Seller Contract Forms,” which outlines recommendations for new real estate forms.
The number of cities with $1 million starter homes has tripled since 2019, according to a new Zillow analysis.
