The week in financial markets: two moves

Given only one soft landing on record, odds favor a different end: with the best of intentions the Fed will hike onward until we discover that a recession began four months ago.

House flipping is on the rise despite high home prices, CoreLogic reports

As anyone who regularly watches “Flip or Flop” already knows, house flipping is on the rise, and a new report from property data developer CoreLogic confirms it. 

NAR postpones vote on 2.5% annual dues increases

The National Association of Realtors will not vote this year on whether to raise dues for members by 2.5 percent annually, but it’s still considering this year’s $30 increase.

NAR lays out federal policy goals at midyear conference in D.C.

The National Association of Realtors (NAR) laid out its legislative policies today, at the trade organization’s annual midyear conference in Washington, D.C.

Strange bedfellows: NAR and Zillow agree on antitrust, sort of

There are few entities in the real estate industry that loom larger than real estate giant Zillow Group and 1.3 million-member trade group the National Association of Realtors…

Redfin reports first quarter net loss of $36M

Redfin, the Seattle-based technology-focused brokerage, posted a net loss of $38.6 in the first quarter of 2018, and revenue of $79.9 million, a year-over-year increase of 33 percent. Last quarter, the company reported a net loss of $1.8 million.

What NY’s online advertising crackdown means for real estate

New interpretation and enforcement of New York State real estate advertising regulations could drastically change the way third-party real estate websites display listings and lead to fines for non-compliant brokerages.

It’s time for NAR to ditch the dues hikes, or face member revolt

The industry’s campaign to raise member dues is a troubling example of its arrogance. Members have complained about the dues increase, but the NAR insiders pounced on the resistors as disloyal and even resorted to name calling

It’s time to stop ignoring the crisis at NAR

An op-ed from MLS Listings CEO Jim Harrison explains his grievances with recent NAR actions and the upcoming vote to raise dues

Activists sue HUD over suspension of anti-segregation rule

A trio of civil rights groups announced plans today to sue the U.S. Department of Housing and Urban Development (HUD) over the agency’s plans to suspend an Obama-era fair housing rule until Oct. 31, 2020.