Zillow dominates the portals, but Homes.com gains ground
A 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.
March 23, 2023
- Mortgage 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.March 23, 2023
- Fed 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.March 22, 2023
- What'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.March 22, 2023
- Home 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.March 21, 2023
- Tech 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.March 21, 2023
- Smaller 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.March 20, 2023
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- Kamini 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.March 20, 2023
- Industry 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.March 20, 2023
- Housing 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.March 19, 2023
- Industry 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.March 18, 2023
- Yes, 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.March 18, 2023
- How 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.March 18, 2023
- For 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.March 17, 2023
- Market 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.March 17, 2023
- Brokerage 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.March 17, 2023
- Real 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.March 16, 2023
