By the NumbersMortgage rates hovering around 6% — but now what?Economists are divided over whether rates will continue to drop — and whether “the dam is going to break” and unleash a flood of buyers.Dave GallagherSeptember 19, 2024
AgentsHomebuyers share their biggest deal-breakersA home’s layout and natural light are important, but a new survey reveals what people refuse to give up — and how many of them can stick to their budgets. Stephanie Reid-SimonsSeptember 19, 2024
AgentsBuyers value community — and agents who are connected to itA recent survey from Century 21 found that buyers rank community higher than the home itself, and they rely on their agents to provide local insights.Amie FisherSeptember 18, 2024
By the NumbersThe Fed goes big with first rate cutThe board took an aggressive approach with its 50-basis point cut, and signaled that two more cuts are coming this year.Dave GallagherSeptember 18, 2024
By the NumbersConstruction activity on the reboundHousing starts and completions rose year-over-year, and builders expressed more confidence this month — but a significant housing shortfall remains. Dave GallagherSeptember 18, 2024
By the NumbersIt’s decision time for the Fed, but it may be coming too lateWhile a rate cut — which could further drive down mortgage rates — would help homebuyers, there are other headwinds at play in the final months of 2024.Dave GallagherSeptember 17, 2024
IndustryClear Cooperation: A lawsuit looms as the conversation continuesMauricio Umansky pledges a court fight against NAR, while Compass and Redfin CEOs take opposite sides on the policy.Stephanie Reid-SimonsSeptember 17, 2024
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BrokeragesFathom settles commissions lawsuit for $2.95 millionThe cloud-based brokerage will pay three installments into the settlement fund over the next two years, pushing the fund total past the $1 billion mark.Dave GallagherSeptember 16, 2024
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IndustryYour guide to the latestKeep track of all the cases and their status with our handy lawsuit cheat sheet.
IndustryAttorneys want nearly a quarter billion of NAR, HSoA damagesUsing the “one-third” formula, the plaintiffs’ lawyers are asking for more than $225 million from the two commissions settlements, plus other expenses.Dave GallagherSeptember 16, 2024
IndustryInvolved in a cash sale? See if new rules affect youIn an effort to curb money laundering and other crimes, a federal agency has adopted rules for brokers and others involved in non-financed transactions.Robert DavisSeptember 15, 2024
BrokeragesBrokerage Beat: Former eXp execs launch new venture; movers in S. FloridaLeaders from eXp and two indie firms announce Realty of America; Compass loses Florida agents to The Agency and Elliman; Christie's, E&V, Corcoran expand.Real Estate News StaffSeptember 14, 2024
TechCurbio to pay $7.5 million to settle lawsuitThe pre-sale renovation company, which got early support from NAR, also will change its marketing and be more transparent about its deals with agents.Stephanie Reid-SimonsSeptember 13, 2024
TechTech Bytes: News from Restb.ai, @properties, MetroList and LundyExpansion connects Restb.ai’s vision tools to nearly three-quarters of a million MLS members; productivity-focused Pipeline added to @properties “pl@tform.”Real Estate News StaffSeptember 13, 2024
Industry‘Unfiltered’: ‘Smashing the system’ won’t benefit buyersWatch the conversation with Gary Acosta, CEO of NAHREP, as he offers a candid view of the NAR settlement, which he says gives sellers power — but at great cost.Real Estate News StaffSeptember 13, 2024
MLS/AssnExclusive listings on the MLS? Here’s how Bright is doing itThe nation’s second-largest multiple listing service has been making it easier to enter the data (and keep it private). Is this the wave of the future?Stephanie Reid-SimonsSeptember 13, 2024
AgentsNAR offers new advice for sellers on agent compensationWith industry rule changes now in effect, the National Association of Realtors has been doubling down on education and outreach to buyers and sellers.AJ LaTraceSeptember 12, 2024
By the NumbersMortgage rates flirt with 6% — your move, FedThe downward trend hasn’t fired up buyers (yet), but predictions of more cuts this year could move rates closer to 5% and amp up the market next spring.Amie FisherSeptember 12, 2024
MLS/AssnNAR discrimination suit now a federal caseAn amended complaint by a former project manager adds new claims and details to sexual harassment, discrimination and retaliation allegations.Stephanie Reid-SimonsSeptember 12, 2024