Tri-state area housing shortage could cost the region economically

The tri-state area of New York, New Jersey and Connecticut may face a housing gap of 920,000 units by 2035, a new report published by the Regional Plan Association (RPA) found. The analysis, conducted by McKinsey & Co., highlights a current shortage of 540,000 housing units in the region.To address
Read MoreRemote reverse mortgage counseling now permanently permitted in Massachusetts

A bill that will permanently allow for remote reverse mortgage counseling via telephone or video conferencing services in the state of Massachusetts has been signed into law by Gov. Maura Healey (D), doing away with a strict face-to-face requirement that has stretched the state’s counseling resource
Read MoreNAR settlement terms slated to go into effect in mid-August

The business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement,will go into effect on Aug. 17, 2024, according to a letter sent to members on Friday by NAR chief legal officer Katie Johnson.Originally, the trade group had said the practi
Read MoreeXp acquires 500-agent independent brokerage in Florida

eXp Realty has acquired Broker’s LLC, a 500-agent independent brokerage based in South Florida and founded by Claudia Serna, eXp announced on Thursday.“Claudia’s impressive track record and the entrepreneurial spirit of Broker’s LLC align perfectly with our values and vision,” Leo Pareja, CEO of eXp
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