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 investors … and the Secret Service warns of a cryptocurrency scam that has been targeting real estate agents.
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