Top mega team joins Pinnacle Realty Advisors

One of Texas’ top mega teams, Nest Finders, is partnering with real estate brokerage as a service platform, Pinnacle Realty Advisors, according to an announcement on Monday.Pinnacle Realty Advisors will supply Nest Finders with back-end support and tools such as on-demand broker support, as well as
Read MoreUBS agrees to pay $1.4B to settle RMBS fraud case

Swiss bank UBS AG announced Monday it has agreed to pay $1.43 billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 financial crisis. The settlement with the U.S. Department of
Read MoreData points to a cooling in the housing market this fall

Mortgage rates have been stubbornly above 7% for two months and it sure looks like home buyers are growing weary. We can see signs that buyers are slowing, both in the sales volume and in the sales price data. This slowdown is not like last year, instead, it’s just slightly fewer buyers each week. A
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In 2022, the price of the typical home purchased in “high-opportunity” U.S. neighborhoods — where poor children have the best shot at upward mobility — was $470,000. That’s $130,000 more than the typical home in low-opportunity areas, according to a Redfin report. Redfin analyzed home sales in 100 o
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