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Douglas Elliman settles the commission lawsuits

Housing Wire

31, 2027, then Douglas Elliman will not be responsible for either of the Contingent Payments.” It will then make two payments of $5 million each, which are subject to certain financial contingencies, no later than Dec. million, or if Douglas Elliman’s Cash Balance is less than $40.0 million as of Dec. million at any point from Dec.

Brokerage 349
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First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. Cincinnati-based First Financial Bank has agreed to direct $2.4

Investing 317
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NAR board votes to leave dues unchanged in 2025

Housing Wire

When the policy was initially approved, the committee proposed that dues rise 4% with the CPI each year from 2025 to 2027. In 2023, NAR announced a policy change that allows the finance committee to use the Consumer Price Index (CPI) “as a guide” to help it recommend an annual dues amount to the board of directors.

Realtors 305
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Fortune: Gen X is worried health issues will bankrupt them

Housing Wire

I have a lot of clients who could retire if it weren’t for health care costs,” financial planner Liz Windisch told Fortune. “Or Or they’re scared. What if they get cancer at 60? No one wants to be without employer coverage.”

Clients 314
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The crypto-mortgage is the new kid on the block

Housing Wire

trillion and is projected to exceed $32 trillion in value by 2027. It would still be done through one of our [client] third-party review firms [using our platform], but we do see that that as an opportunity for us to participate in that market.”. Facebook is now approaching 3 billion users worldwide.

Mortgage 435
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Will Springer Realtor - Untitled Article

Will Springer Realtor

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. The average tenure for homeownership is now at a historic high of 10.7 According to John Burns research, that translates into roughly 1.3M