article thumbnail

Douglas Elliman settles the commission lawsuits

Housing Wire

31, 2027, then Douglas Elliman will not be responsible for either of the Contingent Payments.” Our global network of leading agents and luxury brand continue to position Douglas Elliman for future success as real estate markets stabilize. million, or if Douglas Elliman’s Cash Balance is less than $40.0 million as of Dec.

Brokerage 430
article thumbnail

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

Housing Wire

24, New Jersey-based TD Bank announced $10 billion in affordable homeownership initiatives by 2027, including the provision of loans and liquidity to the residential lending market.

Investing 398
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 378
article thumbnail

Victoria Real Estate Market 5-Year Predictions

D Fritz Appraisals

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? Pace of Real Estate Market Steady into Spring. According to the Victoria Real Estate Board statistical round up for May 2022, sales were down 26.2% Between 2021 and 2022, house prices in the Victoria, BC region rose by an average of 20%.

article thumbnail

The Post-COVID shift: What Amazon and Zillow can’t do

Housing Wire

Mortgage lenders and real estate agents who do not provide customers with a digital experience are being left behind. As mortgage and real estate professionals, we need to think about how we are meeting consumer expectations, while also taking it a step further to offer additional value beyond the transaction.

article thumbnail

The crypto-mortgage is the new kid on the block

Housing Wire

trillion and is projected to exceed $32 trillion in value by 2027. Propy’s platform is supported by blockchain technology and designed to simplify the home-purchasing process and facilitate a complete blockchain-protected real estate deal online. Facebook is now approaching 3 billion users worldwide.

Mortgage 446
article thumbnail

Navigating Carbon-Free Living: Insights for King County Residents

Will Springer Realtor

The new law pushes major utilities like Puget Sound Energy to ease from promoting natural gas options in the home, consolidating a major utility’s electric and gas business by 2027 and no longer supporting gas-powered heat pumps by 2031. Washington has about 2.9M households, of which 1.2M use natural gas, a fossil fuel.

Law 60