"December 6, 2024" Archives

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Growth is the name of the game for Compass in 2025

Compass created quite the buzz earlier this week when it announced its acquisition of Christie’s International Real Estate and @properties for a total of $444 million in cash and stocks. But executives say this move should not have come as a surprise. “Robert [Reffkin] and Kalani [Reelitz] have shared on multiple earnings calls that M&A…

Johns Hopkins: Long-term care must be expanded to support aging in place

A recent study authored by researchers at Johns Hopkins University’s Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes. By 2034, Americans ages 65 and older will outnumber those…

AI used for housing decisions draws bipartisan support, oversight

Even in a divided Congress, there is bipartisan support for learning more about how artificial intelligence, and especially gen AI, is being leveraged in the housing and banking industries. Two bipartisan measures introduced this week would address concerns about how banks use AI in property valuations and underwriting, among other issues. On Monday, representative and…

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