Each week on Real Estate Backstage we take a behind-the-scenes look at the real estate industry with a conversation designed to help real estate professionals thrive.
Today on Real Estate Backstage, the “Big Beautiful Bill” passes through Congress … Strong jobs reports for May and June show the labor market’s resiliency … Inflation continues to cool, but the Fed retains its “wait and see” posture … Housing starts fell 10% in May … Compass sues Zillow over its private listings ban … Opendoor conducts another round of layoffs, while agreeing to pay $39 million to settle a lawsuit with a group of i...
Today on Real Estate Backstage, NAR overturns its ‘no-commingling’ rule … Redfin shareholders vote to approve the $1.7 billion Rocket acquisition … international demand for U.S. real estate jumps … and an out of the box solution that could be the answer to the “lock-in” effect.
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Today on Real Estate Backstage, a Federal Court blocks Trump’s “Liberation Day” tariffs … Howard Hannah defies NAR’s Clear Cooperation Policy … Moody’s downgrades the Federal government’s credit rating … Foreclosures are up 23% from a year ago … and talk of re-privatizing Fannie Mae and Freddie Mac heats back up.
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Today on Real Estate Backstage, the U.S. and China agree to a 90-day de-escalation in the trade war … inflation was lower than expected in April … 1 in 4 potential buyers are waiting for rates to fall below 3% … and we have even more acquisitions on the horizon.
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Today on Real Estate Backstage, the Fed decides to hold rates steady, citing stagflation risk … Howard Hanna reaches a settlement with plaintiffs in the Gibson case … A lack of transparency at the Federal Housing Finance Agency is raising questions … and a Redfin investor has filed a lawsuit aimed at preventing the upcoming acquisition by Rocket.
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Today on Real Estate Backstage, the labor market remains resilient with a stronger-than-expected April jobs report … GDP contracted in the first quarter, but it’s actually not as bad as it sounds … A bipartisan bill seeks to give advantages to first-time homebuyers … and Compass files a lawsuit against the Northwest MLS.
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Today on Real Estate Backstage, new home sales are up, while existing home sales are down … Trump walks back his comments about firing Fed Chair Jerome Powell … Proposed legislation seeks to eliminate the Florida Real Estate Commission … and Coldwell Banker agrees to pay $20 million to settle a TCPA lawsuit.
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Today on Real Estate Backstage, the battle between Compass and the Northwest MLS hits a fever pitch … Zillow and Redin both announce bans on listings that don’t follow NAR rules from their sites … consumers begin to react to the new tariff policy … and financial markets have a relatively calm week, recovering from the volatility we saw earlier in the month.
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Today on Real Estate Backstage, Donald Trump presses pause on the tariffs for 90 days with everyone except China … We have positive inflation and jobs reports for March … Fannie Mae has fired over 100 employees for alleged fraud … and Compass pushes forward with its private listing network in direct defiance of MLS rules.
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Today on Real Estate Backstage, NAR announces changes to its Clear Cooperation Policy … Rocket announces its acquisition of Mr. Cooper … The Federal Reserve holds rates steady … HUD announces it will begin requiring proof of permanent resident status for FHA loans … and Donald Trump’s sweeping new tariff policy goes into place, sending markets tumbling.
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Today on Real Estate Backstage, Rocket plans to acquire Redfin … Compass may be in talks to acquire HomeServices of America … Inflation cooled in February, but some signs of economic weakness are beginning to crop up … a proposed bill seeks to severely disincentivize hedge funds from buying and holding single family homes … and AREA proposes an alternative to NAR’s Clear Cooperation Policy.
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Today on Real Estate Backstage, Keller Williams takes on outside investment capital for the first time … The United States Treasury announces that it will not enforce the BOI reporting requirement of the Corporate Transparency Act … The Ninth Circuit Court of Appeals sides with Zillow over REX and the DOJ … Some of Trump’s tariffs go into effect, while some are delayed … And the most recent labor market numbers are a bit of a mixed...
Today on Real Estate Backstage, the Corporate Transparency Act is back in effect … The CFPB drops its lawsuit against Rocket Homes … Inventory levels continue to normalize as sales drop … NAR makes its first settlement payment … and consumer credit card debt hits a new record high.
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Today on Real Estate Backstage, social media is flooded with reports of a housing market crash in Washington, DC, but the data paints a different picture … The DOJ gets involved in REX’s lawsuit against Zillow … Phoenix REALTORS® and the National Association of REALTORS® have come to an agreement that brings the local Association back into compliance with NAR’s bylaws … Ron Desantis wants to eliminate property taxes in the State of...
Today on Real Estate Backstage, a strong jobs report and higher-than-expected inflation make it less likely that we’ll see another Fed rate cut any time soon … the Department of Housing and Urban Development plans to slash about half of its workforce … A debate over “Days on Market” heats up across the industry … and a broker in New York files a lawsuit against Zillow.
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Today on Real Estate Backstage, legislation is introduced to defund the CFPB … the Senate confirms Scott Turner to lead the Department of Housing and Urban Development … the United States reaches a deal with Canada and Mexico to delay the implementation of tariffs … and inventory levels continue to normalize across the country.
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Today on Real Estate Backstage, the TCPA rule changes are put on hold … the White House Office of Management and Budget releases a memo announcing a temporary pause on some Federal spending, causing mass confusion and consternation … the Federal Reserve decides to hold rates steady at their most recent meeting … Keller Williams files a lawsuit against InsideRE over trademark infringement.
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Today on Real Estate Backstage, we discuss Donald Trump's nominees for the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) ... a record-breaking number of executive orders were signed on inauguration day ... Trump demands lower interest rates in an address to the World Economic Forum ... and the New Mexico MLS now requires floor plans on all listings.
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Today on Real Estate Backstage, California's insurance market is in a state of crisis ... Mortgage rates fall on the heels of December's inflation report ... the Supreme Court declines to hear NAR's appeal in its years-long dispute with the DOJ ... Vanderbilt Mortgage is the latest recipient of CFPB enforcement action ... and a looming TikTok ban could impact how some real estate agents generate leads.
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Today on Real Estate Backstage, home price growth continues to slow … the labor market is trending in a positive direction … NAR membership levels fall below 1.5 million nationwide … the Supreme Court meets to decide whether to hear arguments from NAR and the DOJ .. RealPage is back in the DOJ’s crosshairs … and a bill was introduced in Congress that seeks to remove the lifetime mortgage insurance requirement for FHA loans.
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