Climate change reshapes real estate, putting $1.5T in value at risk

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases.

Potential Trump grants freeze undermines the American dream

The potential economic and market impacts of federal job layoffs and a pending grants freeze could last for generations, Rachael Hite writes.

Concierge Auctions, Luxury Presence form strategic initiative

The deal will provide Concierge Auctions members access to, among other products, Luxury Presence’s advanced website design, hosting, and SEO services. Luxury Presence customers will have the opportunity to promote sales in an auction environment.

Tongo adds tax management partner april

Financial benefits platform Tongo has added a partner in april, which provides a tax management solution for real estate agents.

Fed pauses rate cuts, continues mortgage ‘quantitative tightening’

Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.”

New commission suit against Side, others filed — and all but settled

Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit.

Wells Fargo is about to emerge from the regulatory woods

Once the nation’s largest home lender, Wells Fargo could be poised for a comeback in the mortgage business this year as it continues to make progress in addressing regulators’ concerns about its past practices.

Agents embrace private listing networks. Consumers? Not yet

Sixty-nine percent of agents since 2020 have recommended their sellers list on a private listing network. However, sellers still favor listing on the multiple listing service, a Zillow survey said.