IndustryZillow dominates the portals, but Homes.com gains groundA new report found that most portals lost traffic and market share over the past year, but a few companies improved or firmed up their positions.Amie FisherMarch 23, 2023
By the NumbersMortgage interest rates fall for a second weekRates dropped to 6.42% this week, down significantly from 6.73% just two weeks ago, which could give buyers a window to act.Dave GallagherMarch 23, 2023
By the NumbersFed moves forward with modest rate hikeThe Federal Reserve increased its benchmark rate by a quarter point, which is likely to influence mortgage rates and slow homebuying activity this spring.Dave GallagherMarch 22, 2023
TechWhat's your digital marketing score? A new tool will tell youSphereBuilder, a new platform for agents and brokers, evaluates the effectiveness of online marketing — a critical tool for lead generation.Dave GallagherMarch 22, 2023
By the NumbersHome sales way up in February, but spring numbers could dipNAR reported a big jump in existing home sales from January to February, though sales and prices are down compared to a year ago.Dave GallagherMarch 21, 2023
TechTech 200: Moving closer to real estate’s 'holy grail'T3 Sixty’s assessment of who's leading in real estate tech includes 199 products from 78 companies. Dave GallagherMarch 21, 2023
By the NumbersSmaller homes in demand as affordability stymies buyersZillow research found that homes with the smallest footprints have seen a higher rate of price growth and an annual decline in inventory.Dave GallagherMarch 20, 2023
Featured ReportTrends and policyHousing underproduction in the U.S.A 2022 report finds a deficit in available homes across the U.S.
BrokeragesKamini Lane takes on top role at Coldwell BankerLane, previously brokerage president of Sotheby's Realty, steps into the role vacated by Ryan Gorman in December.Dave GallagherMarch 20, 2023
IndustryIndustry Decoded: The answer to brokerage growth? It’s no longer 'add agents'Realtor membership went up a stunning 60% over the past decade, but declines are coming. It's time to talk about how to support the agents who stick around.Russ CofanoMarch 20, 2023
MLS/AssnHousing gaps remain in Asian communitiesA new report from AREAA says Asian homeownership rates trail those of non-Hispanic whites and are comparable to equal-earning Black and Hispanic communities.Alec HarveyMarch 19, 2023
BrokeragesIndustry icon Wes Foster, co-founder of Long & Foster, has diedWes Foster, known for his integrity and "larger than life presence," said he was most proud of growing Long & Foster from humble beginnings into a major player.Cheryl Reid-SimonsMarch 18, 2023
AgentsYes, you can take a vacation (here's how)An agent's job is rarely just 9-5, and it can be hard to carve out time for breaks when clients are counting on you. But it's possible — and important.Mary BooneMarch 18, 2023
IndustryHow it felt to have millions in SVB as it failedWhen SVB collapsed, it created some not-so-wonderful thoughts of “It’s a Wonderful Life” for Josh Jensen, co-founder of proptech startup Inspectify.Stephanie Reid-SimonsMarch 18, 2023
By the NumbersFor homeowners, joy can trump ROI when choosing outdoor projectsIn a new report, the outdoor projects that rank highest on the "joy scale" tend to have lower recovery costs, suggesting that ROI isn't always a top concern.Dave GallagherMarch 17, 2023
AgentsMarket Moods: Price cuts are rare when a home is priced rightIt might seem like sellers are slashing prices, desperate for a sale. But while price cuts are up, agents say they're still the exception.Cheryl Reid-SimonsMarch 17, 2023
BrokeragesBrokerage Beat: News from The Agency, ERA, Side, Christie's, LeadingRE and E&VThe Agency adds a new Canada office, ERA grows in Aspen, Side partners with two NorCal firms, Christie's team closes $47M sale, and more news.Real Estate News StaffMarch 17, 2023
BrokeragesReal posts net loss for 2022 but sees a turnaround comingDespite a challenging real estate market, CEO Tamir Poleg expects the company’s EBITDA to turn positive in the second half of 2023.Dave GallagherMarch 16, 2023