Real Estate News

The 60-deal-a-year referral-based blueprint anyone can implement

Jimmy Burgess outlines how this Virginia historic homes specialist blends community service with a personal touch to generate exceptional return on her marketing investment.

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Source: Inman

Small lenders oppose combining Fannie, Freddie into single entity

Fannie Mae and Freddie Mac should continue to operate as separate companies rather than merged into a single entity, and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans. That’s the perspective of an industry group, Community Home Lenders of America (CHLA), that represents small- and mid-sized nonbank […]

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Source: Inman

Mortgage rates drop sharply as Powell shifts stance on rate cuts

Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the U.S. economy than inflation.

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Source: Inman

NYC luxury agent accused of biting child over concert free T-shirt toss

Compass agent Gail Bomze was arrested after allegedly biting a 7-year-old child during a free T-shirt toss at East Hamptons' Tuesdays on Main beach concert series. Bomze denies the allegations and says she was pushed to the ground by teenagers during the event.

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Source: Inman

Yes, inventory’s up, but de-listings and expireds slow growth

Windermere Economist Jeff Tucker looks at inventory levels and writes that, while sellers are willing to list, they won't bend on price.

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Source: Inman