Today on Real Estate Backstage, the “Big Beautiful Bill” passes through Congress … Strong jobs reports for May and June show the labor market’s resiliency … Inflation continues to cool, but the Fed retains its “wait and see” posture … Housing starts fell 10% in May … Compass sues Zillow over its private listings ban … Opendoor conducts another round of layoffs, while agreeing to pay $39 million to settle a lawsuit with a group of investors … and the Secret Service warns of a cryptocurrency scam that has been targeting real estate agents.

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Today on Real Estate Backstage, NAR overturns its ‘no-commingling’ rule … Redfin shareholders vote to approve the $1.7 billion Rocket acquisition … international demand for U.S. real estate jumps … and an out of the box solution that could be the answer to the “lock-in” effect.

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Today on Real Estate Backstage, a Federal Court blocks Trump’s “Liberation Day” tariffs … Howard Hannah defies NAR’s Clear Cooperation Policy … Moody’s downgrades the Federal government’s credit rating … Foreclosures are up 23% from a year ago … and talk of re-privatizing Fannie Mae and Freddie Mac heats back up.

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