Court Affirms Brokers Ability to Classify Agents as Independent Contractors
The top court in Massachusetts yesterday affirmed a lower court decision that real estate practitioners may be classified as independent contractors, not employees, handing the real estate industry an important win on an issue that has come under challenge in recent years.
Lower Sales Bit into REALTOR® Paychecks
The decline in sales took a chunk out of overall business activity for REALTORS® as well as their incomes in 2014, a new member survey shows.
CFPB Grants Grace Period for Mortgage Rules
The Consumer Financial Protection Bureau announced it will allow a grace period to lenders who make a good-faith effort in complying with new mortgage disclosure rules later this summer — a move that has been lauded by the real estate industry.
The 8 Fastest-Growing Cities for Millennials
The Millennials, aged 20 to 34, are viewed by many housing analysts as the key to boosting home ownership — so where are they flocking to?
Freddie Offers Mortgage Relief to Flood Victims
Freddie Mac is offering mortgage relief options to borrowers in Texas and Oklahoma who have been affected recently by the massive amounts of rainfall and flooding throughout the states.
San Francisco Nixes Luxury Condo Moratorium
Rental prices have skyrocketed so much in San Francisco that city supervisors recently tried to implement a 45-day moratorium on luxury housing in the city’s Mission District.
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