[ad_1] The Nationwide Affiliation of Realtors has been beneath hearth for months now and remains to be reeling from a late October 2023 verdict, when a jury ordered the group and others to pay practically $1.8 billion in damages to a category of greater than 250,000 dwelling sellers. On Monday, the group took a recent hit when president Tracy Kasper introduced her resignation, claiming she was being blackmailed with a matter so extreme she reported it to legislation enforcement. The risk was to “to reveal a previous private, non-financial matter” until she compromised her place at NAR, in accordance with…
Author: Sydney Lake
[ad_1] The outdated adage that historical past repeats itself will be simply as worrisome as it’s comforting. However in a time of stress, like a housing disaster, recession or different financial downturn, it’s human nature to string collectively comparisons to the previous as a method to perceive the current says Mark Fleming, chief economist with Fortune 500 monetary company First American. This fall, the housing market began to look downright Dickensian to Fannie Mae CEO Priscilla Almodovar, as she described “a story of two markets” in an interview with MarketWatch. For the vacation season, although, Fleming tells Fortune that there’s…
[ad_1] Probably the most seismic modifications from the pandemic is the place we work. For many people, that’s nonetheless fully or partially at residence, leaving a serious glut of workplace area—the place thousands and thousands of Individuals used to spend 40-plus hours per week. The urge for food for workplaces is so low that there could also be as a lot as 1 billion sq. ft of unused U.S. workplace area by the top of the last decade, in keeping with a report early this 12 months by actual property agency Cushman & Wakefield. That’s practically 1.5 instances the quantity…