Today on Real Estate Backstage, the Federal Reserve cut its benchmark rate again in December, but signaled fewer cuts are likely next year … Existing home sales rose again in November … Consumer homebuying sentiment hits its highest level in nearly 3 years … NAR hits Phoenix REALTORS® with a cease-and-desist over MLS Choice … and finally, we take a look what real estate professionals need to know about the new TCPA rules regarding the Do Not Call registry and one-to-one consent requirements.

Get the full show notes with article links:
http://RealEstateBackstage.com/Episode10

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Today on Real Estate Backstage, the December CPI report shows inflation is going in the wrong direction, but the markets don’t seem to be too concerned … We take a look at Trump’s nominees for HUD, the FTC, and the DOJ’s Antitrust Division … EasyKnock announces that it will be closing its doors … And finally, we take a look at Zillow’s 2025 Consumer Housing Trends Report.

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Today on Real Estate Backstage, purchase mortgage applications rise for the fourth week in a row ... the November jobs report comes in strong ... a District Court in Texas issues an injunction against the Corporate Transparency Act ... appeals to the NAR settlement are rolling in ... and Rocket Mortgage sues the Department of Housing and Urban Development.

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The NAR Settlement was approved! Today on Real Estate Backstage we talk about the judge’s ruling, and perhaps more importantly, what comes next for the real estate industry … We’ll also cover pending home sales, which are up … New construction home sales, which are down … and finally, one thing that not a lot of people are talking about but that could make a big impact on mortgage rates in 2025.

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Today on Real Estate Backstage, breaking news of yet another scandal that the National Association of REALTORS® finds itself in … Homebuilder confidence gets a post-election boost … The Phoenix REALTOR® Association provides MLS access to non-REALTORS® ... The industry pushes back against the FHFA's title waiver pilot program ... Existing home sales rise for the first time in three years … And finally, we take a look at the odds of a real estate crash in 2025.

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Today on Real Estate Backstage, the Labor Department releases inflation data for the month of October, there are conflicting reports on how average commission rates have been affected by the new NAR rules that were recently implemented, NAR’s Executive Committee votes on funding the settlement payments, and the biggest dangers and opportunities facing the real estate industry.

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Donald Trump has been elected to be the next President of the United States. Today on Real Estate Backstage, we take a look at how a second Trump term would likely affect the residential real estate market.

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Today on Real Estate Backstage, a federal judge grants final approval to settlements with the 9 real estate brokerages involved in the Gibson case … the DOJ misses the deadline to file an objection to the NAR settlement in the Sitzer-Burnett case, although a handful of other parties have objected … Agents have started bringing lawsuits against NAR over mandatory membership requirements … CoStar Group doubles down on its investment on Homes.com … A stronger than expected economy may keep home prices and interest rates propped up … The FHFA loosens up its appraisal requirements … And a broker in Idaho is offering free listings and free guns to new clients.

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