Side, other brokerages settle new copycat commission lawsuit

The real estate industry is facing yet another copycat commission lawsuit. But unlike previous cases, this one appears to have simply been a vessel to facilitate nationwide settlement agreements. Filed on Monday in Missouri, the lawsuit’s lead plaintiff is Jeremy Keel, but other named plaintiffs inc
Read MoreIn leaving rates alone, the Fed hides behind solid labor market
The Federal Reserve didn’t raise or cut interest rates today, but the meeting highlighted something I have been emphasizing since 2022: the Fed is shaping its policy around the labor market more than inflation. Both times when mortgage rates fell without Fed rate cuts (in late 2022-early 2023 and in
Read MoreLA area rental market under strain as fire victims look for housing

Victims displaced due to the Los Angeles wildfires are straining Southern California’s already tight real estate and rental markets, according to a report from Homes.com. The report, published on Wednesday, found that nearly all two-bedroom rentals from Santa Monica and Marina del Rey to Manhattan B
Read MoreWhere things currently stand in Trump’s confusing flurry of federal funding memos

The federal funding freeze has melted — or has it? The Trump administration circulated a new memo Wednesday morning that rescinds a previous memo released on Monday that put a sweeping funding freeze on federal grants and foreign aid.However, White House Press Secretary Karoline Leavitt tweeted late
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