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Compass-Anywhere merger closing imminent, brokers share plans to compete

Despite initial estimates calling for a summer or even fall 2026 close for the Compass–Anywhere merger, the two companies have indicated the transaction could close as soon as this Friday.  This news came after shareholders at both firms overwhelmingly voted to approve the merger at special meetings Wednesday afternoon.  Upon the close of the transaction, between owned and franchised operations,...

Jorgenson Group launches independent brokerage after 16 years with Keller Williams

The Jorgenson Group, a Round Rock, Texas–based real estate team led by founder Kasey Jorgenson, has officially launched Jorgenson Real Estate as an independent brokerage — ending a 16-year run operating within Keller Williams. The move became public this week and marks a new chapter for a team that closed just over $66 million in sales volume across 144 transactions in 2024. “This was not a...

Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman

Toll Brothers announced on Wednesday that Karl Mistry will be the company’s next CEO, replacing Doug Yearley, who will transition to the role of Executive Chairman of the Board on March 30.  Mistry will take the helm at a time when Toll Brothers is leaning on its resilient, high-income buyers to navigate homebuilding’s headwinds.  He currently serves as Executive Vice President and oversees the...

Unexpected retirement expenses can strain senior homeowners

A new analysis from the Center for Retirement Research at Boston College finds that nearly all retirees face surprise costs each year — from roof repairs to dental work — and a large share lack the cash to absorb even one year of these expenses. The result can be financial stress, forced asset sales or tapping into home equity sooner than planned. The study draws on two decades of federal survey...

Trump directs GSEs to buy $200B in MBS to push mortgage rates lower

President Donald Trump said Thursday that he is directing representatives at the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS), a move he said is intended to bring mortgage rates down. “Because I chose not to sell Fannie Mae and Freddie Mac in my First Term, a truly great decision, and against the advice of the ‘experts,’ it is now worth many...

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