Real Estate
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Real Estate
What Does the Real Estate Shake-up Mean for New Yorkers?
Most real estate agents in the city are not affiliated with the National Association of Realtors. Here’s how the group’s recent blockbuster settlement will affect buying and selling homes in New York City.
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Real Estate
Powerful Realtor Group Agrees to Slash Commissions to Settle Lawsuits
The National Association of Realtors will pay $418 million in damages and will amend several rules that housing experts say will drive down housing costs.
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Business
‘Zombie Offices’ Spell Trouble for Some Banks
Bank tremors serve as a reminder: Just because a crisis hasn’t hit immediately doesn’t mean commercial real estate pain isn’t coming.
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Business
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
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Real Estate
More Brokerages Leave Powerful Realtor Group
Re/Max and Anywhere Real Estate, a brokerage franchiser, will no longer require agents to belong to the National Association of Realtors, as part of agreements to settle two class-action lawsuits.
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World
How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.
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World
China Is on Edge as Fallout From Its Real Estate Crisis Spreads
Beijing wanted to cool its housing market, but created a bigger problem, as the fallout from debt-laden developers and sinking sales spreads to the broader economy.
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Real Estate
Black Real Estate Agent Wins Racial Bias Case Against Hamptons Firm
Shauncy Claud claimed that Brown Harris Stevens of the Hamptons terminated her contract after she told a supervisor that her white colleagues received more favorable treatment.
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Real Estate
Two Real Estate Agents Say Racism Was Part of the Culture at Brokerage
A real estate agent, who is white, is suing his former employer in part because he says he was fired for speaking up about the treatment of his colleague, who is Black.
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Real Estate
The Next Hot Housing Market Is Out of This World. It’s in the Metaverse.
Despite the implosion of FTX and projections of a cryptocurrency winter, the metaverse real estate market is expected to grow by $5.37 billion by 2026.
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