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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Today on Real Estate Backstage, the U.S. and China agree to a 90-day de-escalation in the trade war … inflation was lower than expected in April … 1 in 4 potential buyers are waiting for rates to fall below 3% … and we have even more acquisitions on the horizon.

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Today on Real Estate Backstage, the Fed decides to hold rates steady, citing stagflation risk … Howard Hanna reaches a settlement with plaintiffs in the Gibson case … A lack of transparency at the Federal Housing Finance Agency is raising questions … and a Redfin investor has filed a lawsuit aimed at preventing the upcoming acquisition by Rocket.

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Today on Real Estate Backstage, the labor market remains resilient with a stronger-than-expected April jobs report … GDP contracted in the first quarter, but it’s actually not as bad as it sounds … A bipartisan bill seeks to give advantages to first-time homebuyers … and Compass files a lawsuit against the Northwest MLS.

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Today on Real Estate Backstage, new home sales are up, while existing home sales are down … Trump walks back his comments about firing Fed Chair Jerome Powell … Proposed legislation seeks to eliminate the Florida Real Estate Commission … and Coldwell Banker agrees to pay $20 million to settle a TCPA lawsuit.

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Today on Real Estate Backstage, the battle between Compass and the Northwest MLS hits a fever pitch … Zillow and Redin both announce bans on listings that don’t follow NAR rules from their sites … consumers begin to react to the new tariff policy … and financial markets have a relatively calm week, recovering from the volatility we saw earlier in the month.

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