Second REBNY commission lawsuit dismissed

The real estate industry is facing one less copycat commission lawsuit. On Thursday, Robert Friedman voluntarily dismissed without prejudice the lawsuit he filed in late December in U.S. District Court in New York against the Real Estate Board of New York and several brokerages, according to court f
Read MoreTop mega team joins The Real Brokerage

Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage, according to an announcement on Monday.Founded in 2017 in Greensboro, North Carolina by David Keener, the PREMIERE Group operates as a teamerage, providing agents with marketing and operations resources. The team
Read MoreMortgage rates, inventory and demand rise as price cuts fall

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. Traditionally at this time of year purchase apps rise and the number of price cuts fall. However, at the current trend, we will break below the lows in the price cut percentage data
Read MoreMBA, NHC laud lawmakers for unveiling bipartisan tax agreement

Just ahead of a deadline to avert a partial U.S. government shutdown, lawmakers in the U.S. House of Representatives and the U.S. Senate unveiled the “Tax Relief for American Families and Workers Act of 2024.” The proposal would increase the Low-Income Housing Tax Credit, which housing groups say co
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