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Compass shuffles support staff, anticipates dozens of layoffs

USA Real Estate News-Inman - Mon, 2020-01-27 15:46
A Compass source told Inman the company still has no current plans for an IPO, although it's not off the table.

New-Home Sales Slide 0.4 Percent

USA Real Estate News-RISMedia - Mon, 2020-01-27 15:37

For the third month straight, new-home sales slipped, according to the Commerce Department’s December report.

The Breakdown

New-Home Sales (Annual Rate): 694,000

  • -0.4 percent month-over-month (Dec. 2019/Nov. 2019)
  • +23 percent year-over-year (Dec. 2019/Dec. 2018)

For-Sale Inventory: 327,000
Months’ Supply: 5.7
Average Price: $384,500
Median Price: $331,400

New Retirement Rules Could Help Boost Your Savings: 5 Things to Know

USA Real Estate News-RISMedia - Mon, 2020-01-27 15:34

(TNS)—The rules of the retirement game just saw a sizable overhaul in Congress, giving a nod to the reality that many Americans can’t afford to quit working.

The changes aren’t massive enough to put to rest concerns about an upcoming retirement crisis where some forecast a growing gap between the haves and have-nots. Even so, the adjustments are likely to help some households boost their retirement savings.

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