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Stacey Alcorn on Purpose: How Thoughts, Energy and Intent Shape Reality
Above: Stacey Alcorn Stacey Alcorn’s career reads like a roadmap of what’s possible when unwavering consistency, conscious seeking and perseverance align. The visionary force, founder and CEO behind Massachusetts-based LAER Realty Partners, one of the largest independent brokerages in the country, began her career in mortgage. Her story—every twist, setback and breakthrough—is not just about…
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After Rate-Cut Dissent, Waller a Top Pick for Next Fed Chair
Bloomberg News, citing unnamed sources, reported Thursday that current Federal Reserve Governor Chris Waller is now the favorite to replace current Fed chair Jerome Powell, with President Donald Trump possibly making an announcement on his choice by the end of the summer. Powell, who has been subjected to withering personal attacks by Trump and other…
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After Rate-Cut Dissent, Waller a Top Pick for Next Fed Chair, Bloomberg Reports
Bloomberg News, citing unnamed sources, reported Thursday that current Federal Reserve Governor Chris Waller is now the favorite to replace current Fed chair Jerome Powell, with President Donald Trump possibly making an announcement on his choice by the end of the summer. Powell, who has been subjected to withering personal attacks by Trump and other…
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Mortgage Rates Drop to 4-Month Low
The average 30-year fixed mortgage rate dropped nine basis points since last week, its lowest level since April. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM) averaged 6.63% this week, down from last week’s average of 6.72%. “The 30-year fixed-rate mortgage dropped to its…
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NAR Appoints Andowah Newton as Vice President, Litigation and Associate General Counsel
Above, Andowah Newton The National Association of Realtors® (NAR) has announced the appointment of Andowah Newton as vice president, litigation and associate general counsel. A seasoned litigator and strategic legal advisor with deep experience spanning corporate governance, litigation management, and nonprofit compliance, Newton brings a unique blend of legal acumen and industry insight during a…
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Martha’s Vineyard property tied to the Obamas sells for $37M
Multifamily Developer Confidence Rises Year-Over-Year
Confidence for developers of new multifamily housing increased year-over-year in Q2, according to the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). NAHB found that the Multifamily Production Index (MPI) had a reading of 46, up two points year-over-year. The MPI measures builder and developer sentiment about current production…
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FHFA Raises Cap on Fannie and Freddie Low-Income Housing Tax Credit Investments
The Federal Housing Finance Agency (FHFA) has announced it will allow Fannie Mae and Freddie Mac, the two government sponsored enterprises (GSEs) it serves as chief regulator of, to invest up to $2 billion each in the Low-Income Housing Tax Credit (LIHTC) market as equity investors. The move increases the existing cap on LIHTC investments…
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Considering a backyard pool? Here’s what local real estate data tells us - MyWabashValley.com
Real Brokerage Posts Big Q2 Earnings, Says Company Is in ‘Early Innings’
Amid mounting legal distractions and less-than-savory market conditions, Real Brokerage boasted a second-quarter performance worth remembering. The fast-growing digital brokerage posted strong second-quarter results on Thursday. Company executives touted that the company had finally recorded a positive net income in Q2. “I am particularly proud of our performance this quarter, which should stand as powerful…
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Original Buyer Commission Lawsuit Delayed Over MLS Data Concerns
Yet another extension has been granted in the Batton case. Naming the following defendants—The National Association of Realtors® (NAR), REMAX, Anywhere Real Estate and Keller Williams—the homebuyer commission lawsuit has been granted an extension of September 22 for the plaintiffs to file their class certification motion. The extension has been granted for the plaintiffs to…
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Amid Lawsuits and Controversy, Zillow Keeps Top Portal Spot in Q2
Zillow looks like it is in no immediate danger of losing its spot as the number one real estate portal in the U.S., despite recent controversies, with Q2 earnings coming in hot and traffic continuously growing. Zillow’s earnings report for Q2 saw revenue clock in at $655 million, up 9.5% from $598 million last quarter…
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Residential roots, commercial reach: How this broker created scale with a strategic merger
