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RSS2As largely expected, the Federal Reserve held interest rates steady at its March Federal Open Market Committee (FOMC) meeting, leaving the federal funds rate unchanged at a rate of 3.5% – 3.75%—the same level established following December’s quarter-point cut. There was a singular dissenting vote from Stephen I. Miran, who preferred to lower the target…
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Just under nine months after filing a bombshell lawsuit against Zillow, Compass is dropping its legal challenge after the portal quietly modified its “Listing Access Standards” yesterday. The lawsuit had claimed that Zillow conspired with fellow portal Redfin to prevent Compass from implementing its “three-phased marketing plan” that involves a private listing phase. Last April,…
The post BREAKING: Compass Drops Lawsuit Against Zillow After Portal Updates Rules appeared first on RISMedia.
Compass International Holdings announced on March 18 that Sue Yannaccone will serve as chief operating officer. In this new role, she will spearhead enterprise operations for the newly combined company, leading a cross-functional team to drive value for real estate professionals. She comes to the new position after serving as president and CEO of Anywhere…
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For Teresa Palacios Smith, inclusion is not a program—it is a practice. As chief inclusion and engagement officer at HomeServices of America, Palacios Smith has spent her career building bridges between the real estate industry and the diverse communities it serves. A Cornell-certified DEI expert, she leads initiatives that reach over 23,000 agents across more…
The post Teresa Palacios Smith on Embedding Inclusion Into Real Estate’s Largest Brokerage Network appeared first on RISMedia.
In more news surrounding the hot topic of private listings, a Washington state bill designed to severely restrict private listings has been signed into law after passing both the Senate and the House earlier this year. The bill was proposed in the Senate back in January, with the goal of explicitly banning real estate brokers…
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Housing affordability—the issue we all know, and definitely do not love. In the past couple years, the national median home price hit new highs, settling in around $400,000. Depending on the region and market, this could sound like a lot of money, or like a little. What really demonstrates the affordability of $400,000 is how…
The post Bang for Your Buck: Where $400,000 Gets You a Mansion, and Where It Gets You a Studio appeared first on RISMedia.
New data from the Mortgage Bankers Association shows applications for both home purchases and refinances fell significantly this week following increased mortgage rates and other market volatility in the wake of the conflict in the Middle East, economists said. According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage…
The post After Weeks-Long Run, Mortgage, Refi Applications Dive as Rates Climb appeared first on RISMedia.
The North American luxury real estate market is maintaining its trajectory–one defined by intention, stability, and long-term wealth positioning, according to the latest data from the Institute for Luxury Home Marketing (the Institute)’s March 2026 Luxury Market Report. For luxury real estate professionals, teams and brokerage leaders, understanding this shift is essential to advising clients…
The post Luxury Update: February Data Underscores Market Stability and Resilience appeared first on RISMedia.
The mad dash for premarket power is showing no signs of slowing, as mega-brokerage eXp announced that it is striking a listing partnership with Realtor.com®, Homes.com and ComeHome.com (HouseCanary’s portal in Google Search), just 24 hours after Zillow launched a similar partnership with five other big national companies. Starting next month, eXp agents will be…
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Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. When potential clients hear your name, the first thing they often do is look you up online. More often than not, the first result they click is not…
The post Your Social Media Profile Is the First Place Clients Look—Make Sure It’s Working for You appeared first on RISMedia.
