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CFPB enforcement head resigns, citing ‘no intention to enforce the law’ 

Cara Petersen, the acting CFPB enforcement director, has resigned, citing a lack of intention to “enforce the law in any meaningful way.”

Judge rejects bid to block NYC broker fee reform 

The ruling marks a significant blow to the real estate industry’s effort to derail the policy and a major victory for tenant advocates.

How to navigate a successful brokerage acquisition 

Real estate industry leaders and M&A specialists offered their thoughts on what brokerages get right and where they go wrong with M&A.

Positive signs abound for 2024 housing market: ICE 

If mortgage rates fall to a projected 6% by the end of 2024, 33% of loans originated in 2023 can save a full percentage point or more

No Fed pivot in sight as Powell addresses rate cuts on 60 Minutes 

Powell believes the Fed can wait until it sees more labor damage before cutting the Federal Funds Rate or moving toward a neutral policy stance.

How will mortgage rates impact seasonal inventory in 2024? 

Mortgage rates were volatile last week after the jobs report and the Fed meeting. What should we expect this week?

Boise home prices rising faster than any other US city 

No city in America saw larger home price gains in the first half of 2021 than Boise, Idaho. Home prices rose 13% from December ($410,000) to June ($463,383)

Zillow earns profit, no thanks to iBuying 

New quarter, same story. Zillow makes money through agents advertising on its website. It loses money via buying homes for cash and then reselling them. HW+ Premium Content

eXp CEO loves Glenn Stearns’ star power 

Residential real estate brokerage eXp continues to be profitable, and company CEO Glenn Sanford became a fan of Glenn Stearns through reality television. HW+ Premium Content.

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Updated 11 months ago