During RE/MAX Holdings, Inc.’s Q4 2024 earnings call, the company reported total revenue of $72.5 million, an annual decline of 5.4% with negative organic growth of 3.5%. This is despite a 1.6% improved Adjusted EBITDA of $23.3 million and CEO Erik Carlson’s claim of a “better-than-anticipated profit performance for third consecutive quarter.” In Q4 2024,…
This year kicked off with a downturn in construction—seasonally adjusted, there were only 1,366,000 privately-owned housing starts in January, 9.8% lower than the number of starts from December 2024. These numbers come courtesy of the latest report from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. The January 2025…
Current Housing and Urban Development (HUD) Secretary Scott Turner previously worked in housing during the first Trump administration—specifically overseeing so-called “opportunity zones.” Passed in the 2017 Tax Cuts and Jobs Act, opportunity zones are designated mostly low-income areas that offer tax breaks for developers/investors, so as to spur revitalization within the zone. New opportunity zones…
Above, Anywhere CEO Ryan Schneider The Clear Cooperation rule mandated by the National Association of REALTORS® (NAR), where listings must be put on an MLS within 24 hours, remains controversial within the industry. In an exclusive interview with RISMedia Founder and CEO John Featherston back in January, NAR President Nykia Wright claimed the issue would…
With a new presidential administration in office, your mind might be drifting to the most famous home in all of America. But really, presidents only spend a short eight years (at most) living in the White House. The United States is littered with homes that once housed these 45 preeminent men before, after and during…
After an aborted launch on Sat. Feb. 1, 2025, President Trump’s 25% tariffs on imports from Canada and Mexico have been postponed to a Mar. 6, 2025 launch—new tariffs on China remain in effect. In the meantime, though, real estate analytics giant CoreLogic has published a new report that dives into the data of this…
When you make your own hours as an agent does, time management is essential so you don’t feel even more pressured to be working all the time. To ensure you find time for some of your hobbies with no distractions, you can find ways to incorporate those you and your team enjoy that also benefit…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Brokerages excluded from NAR deal strike quick settlement in new lawsuit Keel et al v. Washington Fine Properties LLC et al is a new class-action commission lawsuit. As with past cases, its plaintiffs are recent…
As the real estate industry has settled into a new year and market, the latest report from the National Association of REALTORS® (NAR) found that 2024 ended with home prices having jumped across the U.S. The quarterly report, surveying median prices in 226 metro areas to gauge affordability, found that home prices increased in 201…
The U.S. Senate has confirmed Scott Turner, President Donald Trump’s nominee to lead the Department of Housing and Urban Development (HUD), in a 55-44 vote. Turner will assume his cabinet position tomorrow on Feb. 6, 2025. Turner, who helped oversee the implementation of “opportunity zones” during the first Trump administration, has championed regulatory reform and…
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