Appearing before the U.S. Committee on Banking, Housing and Urban affairs on Thursday, Federal Reserve Governor Michelle Bowman was questioned by lawmakers on how she’ll treat her role in the Fed after being nominated for vice chairman for Supervision—a key Fed position focused on banking regulation. Senators pressed Bowman on whether she will commit to […]
Gone are the days of putting a home on the market and receiving multiple offers the first day. Buyers today prioritize homes that require little to no work. Afterall, a move-in ready home attracts more buyers, shortens time on the market and often results in stronger offers because it eliminates the uncertainty and additional costs
Move-In Ready Homes: The Crown Jewel in Today’s Ultra-Competitive Market Read More »
In a sharply worded nine-page opinion yesterday, Judge Stephen R. Bough, who oversaw the Burnett case and is currently presiding over the largest commission copycat lawsuit (known as Gibson), declined to step down from that case, calling into doubt “small and selected” arguments put forth by brokerage defendant Howard Hanna. Bough, who has acknowledged that
Commission Case Judge Won’t Step Down, Questions Howard Hanna’s Claim Read More »
RE/MAX Advance Realty (RAR) has welcomed Dream Life Realty (DLR) in a strategic merger, the company’s eighth procurement of a local real estate office since 2020, and its first outside of the RE/MAX network. This merger further expands the size and presence of South Florida’s largest RE/MAX agency, increasing the company’s total number of agents
Dream Life Realty Merges Into RE/MAX Advance Realty Read More »
The housing market inched toward greater friendliness for buyers in February 2025, according to the latest findings from the National Association of REALTORS®’ Housing Affordability Index, which has been inching back up since a fall in November 2024. The index runs with a two-month lag—compared to last month’s affordability index (which covered up to January
Median Home Prices and Buyers’ Qualifying Income Came Down in February Read More »
Housing remains out of reach for too many Americans, according to former Secretary of Housing and Urban Development (HUD) Marcia Fudge. Fudge, who served as HUD secretary from 2021-2024, gave her thoughts on housing in the U.S. in a talk on Thurs. April 10, 2025, hosted at Harvard University. (The talk was co-sponsored by the
Former HUD Secretary Calls to Address Housing Shortage and Homelessness Read More »
Consumer sentiment has now fallen for the fourth straight month as the economy continues to waver under a back and forth on tariffs and trade wars, according to the latest data from the University of Michigan. The preliminary Index of Consumer Sentiment reading for April came in at 50.8, a 10.9% tumble from March’s reading
Consumer Sentiment Continues to Crash Amid Economic Uncertainty Read More »
Already under pressure amid last week’s multitrillion-dollar stock market rout, the venture capital industry now faces an even tougher outlook amid ongoing uncertainty stemming from U.S. tariffs. A dearth of initial public offerings or mergers and acquisitions — coupled with the trend that startups are now staying private for longer — has put immense strain
With IPOs on hold even longer, tariffs spell trouble for private tech investors Read More »
In the heart of Chelsea in New York City, a relatively unassuming charcoal gray facade conceals an immersive world of sound. House of Sound curates a listening experience that is next level, each subsequent floor of the building revealing somehow an even more complex sound system than the last. Each of the six floors house
House of Sound Offers a Private Refuge in NYC to Listen in Style Read More »
Wells Fargo shares declined on Friday after the bank reported lower-than-expected quarterly revenue and a decline in net interest income. Here’s what the bank reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Adjusted earnings per share: $1.39, 16% higher year over year and beating
