Get your buyers ready: The best time to buy a house is…
Forget the spring and summer rush — home shoppers will have better luck making a deal during the first week of October, according to Realtor.com.
September 20, 2023
AJ LaTrace
AJ has covered real estate for the last decade as a reporter and editor for publications including Vox Media's Curbed, Chicago magazine and Business Insider. At Business Insider, AJ led the brand's coverage of how everyday people invest in real estate as a means of gaining financial independence, and he reported on big-picture trends and pain points in the broader U.S. real estate market. AJ is based in Chicago, where he also moonlights as a small-time landlord.
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- No rate hikes (yet) as Fed shakes off mortgage ‘lock-in’ effectThe Fed did not boost interest rates at its September meeting but warned that one more hike is likely this year.September 20, 2023
- Compass aims to save agents 'time and money' with AI toolThe brokerage has launched a new ChatGPT-based tool to help agents “accelerate their workflow” by crafting listing descriptions and more.September 18, 2023
- Engel & Völkers names new Group CEOCurrent CEO Sven Odia will shift to the role of president as he supports Jawed Barna's transition in November.September 15, 2023
- Why Real’s president says they don’t do ‘downlines’They've structured the brokerage to avoid silos, which makes Real's rev share model better for agents and teams, says Sharran Srivatsaa.September 15, 2023
- A startup wants to cut mortgage rates in half for new buyersRoam, launched this week by a former Opendoor employee, aims to help buyers through the complicated and time-consuming mortgage assumption process.September 14, 2023
- Some good news for homebuyers: Listings are upA Zillow report found that new listings rose by 4% in August, an atypical late-summer boost that may offer buyers a few fresh options.September 12, 2023
- eXp lands billion-dollar brokerage in New EnglandBean Group, which serves Maine, New Hampshire, Massachusetts and Vermont, has joined eXp thanks to new incentives aimed at recruiting large teams.September 12, 2023
- eXp aims to ‘accelerate’ rev share for new agentsThe company has retooled its revenue share program to make it easier for newer agents to benefit from it — and to help its recruiting efforts.September 11, 2023
- Another sign of a market rebound? Home equity is back upOn average, U.S. homeowners gained nearly $14,000 in equity since the beginning of the year, though equity is down slightly from last year's peak.September 8, 2023
- It’s ‘game-on again’ for home search portals, says ex-Zillow CEOAn ambitious challenge from Homes.com for consumer market share and agent dollars has reignited the portal competition, says former Zillow CEO Spencer Rascoff.September 8, 2023
- Real unveils 'very valuable' shift in rev share program“A lot of agents are going to make more money,” says CEO Tamir Poleg as Real reduces the threshold to move up in its rev share structure.September 6, 2023
- Most buyers weigh climate risk when home shoppingA new survey from Zillow found that more than 80% of homebuyers evaluate climate and environmental risks when considering where to live.September 6, 2023
- Ex-Zillow CEO: NAR lawsuits ‘a seismic event’ for agents, portalsSpencer Rascoff said home search portals may need to pivot in a world where buyers agents are no longer paid via the listing agent’s commission.September 1, 2023
- Do new and older homes cost the same now? It’s complicatedLimited inventory is changing the behavior of buyers and the price of new construction relative to existing homes, several experts told Real Estate News.August 26, 2023
- Zillow rolls out 1% down home loan programThe company said the new program, initially launching in Phoenix, will help ease one of the biggest barriers to entry for buying a home.August 24, 2023
- Existing home sales fall again — except in the WestNAR reported a 2.2% national decline in sales in July, but the West bucked the trend, and more first-time buyers entered the market.August 22, 2023
- A wave of housing forecast updates point the same way: upResearchers from Zillow, Freddie Mac, and Goldman Sachs all issued revised, rising 2023 home value and price forecasts in the past week.August 22, 2023
- Former Zillow CEO unveils AI-powered lead-gen assistantSerial entrepreneur Spencer Rascoff predicts real estate agents will be “one of the biggest verticals” that will use HeyLibby to turn contacts into customers.August 18, 2023
- Judge rebuffs Chinese homebuyers’ push against Florida lawThe law, which took effect July 1, prohibits “foreign principals” from a number of countries from buying real estate in Florida.August 18, 2023
