2025

Compass names new regional vice president for the Gulf Coast

Compass is welcoming a new regional vice president for its Louisiana and Mississippi region. David Favret is joining Compass in this role, according to an announcement on Wednesday.  Favret most recently served as the managing broker at Rêve Realtors, but has previously served as a broker at Latter & Blum, which was acquired by Compass in 2024.  “David understands our communities, our...

RentSpree partners with Hive MLS to expand access in Southeast

RentSpree has partnered with Hive MLS to integrate rental application and tenant screening tools directly into Hive’s multiple listing service platform. The new integration will be available at no cost to Hive MLS subscribers in Georgia, North Carolina and South Carolina. Hive MLS services more than 18 MLSs in the Southeast — representing about 15,000 rental listings annually. “At Hive MLS,...

Monaco F1 Grand Prix Sparks Local Property Frenzy

The world's wealthiest property hunters descended on Monaco during the recent Formula One Grand Prix weekend, sending real estate searches soaring and helping drive the city-state's housing market to new record highs. Luxury property marketplace JamesEdition reported a fivefold increase in searches for Monaco real estate during the race weekend, underscoring how the Principality's signature events continue...

Supreme Court ruling allows Trump’s federal workforce cuts to proceed

President Donald Trump has secured a big win in his effort to reduce the footprint of the federal government. The Supreme Court ruled Tuesday that the administration can proceed with plans to lay off thousands of federal workers and cut funding to various federal agencies, including the U.S. Department of Housing and Urban Development (HUD). The ruling temporarily suspends a lower court’s decision...

Agents say Cape Coral’s housing market is correcting, not crashing

Headlines that call Cape Coral, Florida, the “worst housing market in America” and liken it to precursors of the 2008 financial crisis have garnered discussions across the real estate industry. But local experts and data suggest the reality is far more nuanced. While a recent article from The Wall Street Journal highlighted falling home prices, empty open houses and investor pullbacks, agents who...

HUD offers foreclosure relief to Texans saddled by floods

Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), announced on Tuesday a 90-day foreclosure moratorium for Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been devastated by recent severe storms, including wind and flood damage. The 90-day moratorium prohibits mortgage servicers from initiating or...

What’s the best strategy for seniors to take required minimum distributions?

Tax-deferred retirement accounts are a necessary source of income for seniors looking to age in place. But it can be confusing to navigate the options for taking the required minimum distributions (RMDs) from the account as mandated by the IRS — especially given the tax implications. What’s the best approach for seniors as they plan for retirement? Derek Horstmeyer, a finance professor at George...

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