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Real Estate News

Housing Market

Mark Wahlberg’s “Hollywood 2.0” Vision for Las Vegas Set to Create 10,000 Jobs

Hollywood A-lister Mark Wallberg gets the green light to “turn Las Vegas into Hollywood 2.0” with a $1.8B Sony movie studio in Summerlin, which he expects will create 10,000 new jobs.

April 7, 2024

Meet One of the World’s Youngest Homeowners, 8-Year-Old Ruby McLellan

Eight-year-old Aussie Ruby McLellan is one of the world’s youngest homeowners. A couple years ago, she and her teenage siblings pooled $6,000 of their hard-earned pocket money for a deposit on their four-bedroom home in Clyde, Victoria.

April 6, 2024

New-Ruling-by-US-Court-of-Appeals-Allows-DOJ-to-Reopen-NAR-Investigation-BAM-featured-image

Real Estate News

New Ruling by U.S. Court of Appeals Allows the DOJ to Reopen NAR Investigation

An Appeals Court ruling on Friday, April 5, allows the DOJ to resume its investigation into NAR’s commission-sharing policies.

April 5, 2024

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Leo Pareja Named New CEO at eXp, Succeeding Founder Glenn Sanford

eXp Realty named Leo Pareja as the new company CEO, taking over for founder Glenn Sanford, who will stay on as founder, chairman and CEO of eXp World Holdings.

April 5, 2024

Australian Agent Burns Down $3M Home While Setting Up for Open House

An Australian real estate agent burned down a home valued at $3 million while setting up for an open house.

March 30, 2024

FHA Updates FAQs Seller-Paid Agent Commissions are NOT Considered IPCs

Real Estate News

FHA Addresses FAQ on Seller-Paid Commissions

After NAR and the MBA sent a letter requesting clarification on seller-paid agent commissions, the FHA addressed the question. The FHA states that, under existing policy, real estate agent commissions or fees are not considered an interested party contribution (IPC).

March 28, 2024

Real Estate News

Squatting Has Gone Viral—and Some Are Taking Matters Into Their Own Hands

Homeowners across the U.S. are dealing with a squatter problem, especially in states that, during the pandemic, passed laws making it harder for property owners to evict tenants who had stopped paying rent.

March 28, 2024

Real Estate News

What about veterans? NAR Urges VA Home Loan Policy Revision

This week, NAR sent a letter to the Department of Veterans Affairs, urging for revisions to its current VA home loan policies.

March 28, 2024

Real Estate News

What the Real Estate Industry Can Learn from the DOJ Lawsuit Against Apple

What does the lawsuit filed by the U.S. Department of Justice against Apple have to do with the real estate industry? Keep reading for a brief overview of the DOJ complaint and why it matters.

March 27, 2024

Real Estate News

NAR President Kevin Sears on NAR’s Decision to Settle, the DOJ’s Role, VA Buyers & NAR Dues

In a podcast with Jared James, NAR President Kevin Sears answered some of the biggest questions from NAR members, including why NAR settlement, why some brokerages were left out of the deal, VA buyers and NAR dues.

March 25, 2024

Real Estate News

What President Biden Said About the NAR Settlement

During a speech on March 19, President Biden addressed the NAR settlement. Learn what he said—and how NAR responded.

March 24, 2024

SERHANT. Sells 100 Apartments in 4 Days for New Miami Development

In just four days, the SERHANT. sales team sold 100 apartments for Mercedes-Benz Places in Miami with a wholly digital launch, selling to buyers from around the globe.

March 23, 2024