Mortgage Rates Rise to 6.49% Despite Iran Deal as Buyers Face a ‘New Normal’

Mortgage rates ticked up Thursday, signalling that the recent U.S.-Iran peace agreement and accompanying drop in oil prices have not been enough to ease economic uncertainty. The average rate on 30-year fixed home loans advanced to 6.49% for the week ending June 25, up 2 basis points from 6.47% the

Mamdani’s Rent Freeze Is All But Guaranteed—and New Yorkers May Pay a Steep Price

A member of the Rent Guidelines Board (RGB) has resigned ahead of its highly anticipated vote Thursday on how much landlords can raise rents on the city’s more than 1 million rent-stabilized apartments. In her resignation letter, Christina Smyth all but confirmed that the board will approve a 0% inc

Mamdani’s Rent Freeze Passes—and New Yorkers May Pay a Steep Price

A member of the Rent Guidelines Board (RGB) resigned ahead of its highly anticipated vote to freeze rents on the city’s more than 1 million rent-stabilized apartments. In her resignation letter, Christina Smyth all but confirmed that the board would approve a 0% increase—a marquee campaign promise o

ERA’s Alex Vidal: Why leadership development should aim to drive real growth

Leadership has always mattered in real estate. What’s changed is the expectation. Today’s brokerage leaders are navigating an industry defined by tighter margins, faster technology shifts and heightened competition for both talent and trust. In that environment, leadership development can’t be theor