"2024" Arşivleri

The NYC rental broker fee is dead. The New York City Council voted Wednesday afternoon to enact the Fairness in Apartment Rentals Act (FARE) Act, a bill that would end tenant-paid rental broker fees when brokers are exclusively representing landlords, as part of a broader effort to address the city’s housing affordability crisis. Upon signing…

For the first time in seven weeks, mortgage demand rose as applications were up 0.5% during the week ending Nov. 8, the Mortgage Bankers Association (MBA) reported Wednesday. Purchase loan demand drove the slight increase in the MBA’s Market Composite Index, which measures loan application volumes. The purchase index rose 2% from the prior week…

Keller Williams has dramatically expanded its presence in New Jersey. The brokerage announced Wednesday that the KW Integrity market center has merged with Sparta, New Jersey-based Clearview Realty, bringing 25 agents and tens of millions of dollars in annual sales volume to KW Integrity. “This merger between Clearview Realty and KW Integrity signifies a strategic…

Better Home & Finance Holding Co., the parent of digital lender Better, reported a net loss of $54.1 million in the third quarter of 2024 during an earnings call on Tuesday. By comparison, the company lost $41.4 million in Q2 2024 and $353.9 million in Q3 2023. Better reported third-quarter revenue of $29 million, down…