Property Invests
"But it's also possible that economic turmoil pushes down mortgage rates and/or people decide to bite the bullet now instead of waiting for conditions to perhaps worsen, encouraging homebuyers and sellers to jump into the market."
"After catching our ex-employee brazenly accessing our strategy documents while employed at CoStar, we acted decisively, launching legal action to halt and prevent any ongoing exploitation of our intellectual property.
Two new board members bring chief finance officer chops to the table: Rachel Glaser (formerly of Etsy) and Christine McCarthy (Disney), while the third, John Berisford, is a former executive with S&P Global, one of Wall Street's most trusted sources of data and insights.
The DOGE effect: The BLS numbers "still only partially reflect layoffs" at the federal level, said Lisa Sturtevant, chief economist at Bright MLS, citing third-party data suggesting that DOGE-mandated cuts resulted in 216,000 job losses in March.
Murphy, who also serves on Sarasota County's Board of Directors' Economic Development Corporation, said he feels "energized by the opportunity to help lead a company that values professionalism, innovation, and a people-first approach" in what he described as "an exciting time" within the industry.
As the residential real estate industry continues to debate the merits of private listings — and seeks to understand who would be most impacted by the practice — a new report from Bright MLS offered insight into several themes often highlighted by brokerages that view office exclusives as a unique competitive opportunity.
Along with running ads during televised games, ERA plans to launch a social media series featuring Boston Red Sox pitcher Walker Buehler and promote its brand at in-stadium events centered around a "Day at the Park" theme.
"While inventory is expected to increase and there is still a lot of pent-up demand, consumer anxiety and rising concerns about an economic downturn could hinder market activity."
Why Fannie Mae is keeping tabs on condos: While the finance giant isn't a direct lender, it buys and resells large numbers of mortgages — but only if those loans are adequately protected.
Now, in a move first reported by Inman, Remine's assets are being offered for sale via an "Assignment for the Benefit of Creditors" (ABC) — an alternative to bankruptcy that is meant to provide a quick, discreet means of selling a distressed business.
But Markt General Manager Betsy Hanson said in a news release that the tool will also "give MLS subscribers quick and accurate answers, freeing our staff for bigger challenges" by helping to lighten the load of administrative duties, improve service speed, lower operational costs and enhance member interactions.
While Witt acknowledged the varied opinions on the CCP, he thinks the introduction of the policy in 2020 was "long overdue" and in the best interests of buyers and sellers.