Is your market ‘a lion or lamb’? Building permits offer a clue
New construction is influencing affordability in many areas, with the South seeing the biggest benefits.
March 14, 2025
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- The housing market is improving, but buyers are anxiousWhile they're showing more interest, economic volatility and uncertainty about the future could keep buyers from pulling the trigger on a home purchase.March 13, 2025
- Redfin CEO offers candid take on Rocket acquisitionIn an interview with the Puget Sound Business Journal, Glenn Kelman said the brokerage would have ‘been stripped for parts’ if bought by a different company.March 13, 2025
- Compass reportedly near a deal to acquire HomeServicesThe brokerage giant "is in advanced talks" to buy HomeServices of America, the real estate arm of Warren Buffet's empire, the Wall Street Journal reports.Updated March 13, 2025
- William Raveis the latest to settle in commissions casesGibson home sellers join the brokerage in asking the court to put the suit on hold so they can file details as the judge faces a request to recuse himself.March 12, 2025
- Judge doesn’t buy Crye-Leike’s argument in Gibson caseThe Tennessee-based brokerage tried to convince the court that it should be covered under the NAR settlement, but that request was denied.March 12, 2025
- Is Rocket ‘one of the biggest threats’ to commissions?The Rocket-Redfin deal means more competition for portal giants like Zillow and CoStar, but also for smaller brokerages and boutique lenders.March 11, 2025
- Spring is near, but homebuying optimism has yet to bloomFannie Mae’s latest sentiment survey shows that more consumers think mortgage rates will rise. And home sales activity is expected to remain “relatively light.”March 10, 2025
- Appeals court rules in favor of Zillow, NAR in REX caseThe Ninth Circuit denied the brokerage's request for a new trial, agreeing with an earlier ruling that NAR's no-commingling rule was not anticompetitive.March 3, 2025
- A closer look at Keller Williams' new partnerStone Point Capital, which acquired an ownership stake in the brokerage, has invested nearly $6 billion in companies across the real estate sector.March 3, 2025
- NAR names political law attorney as new general counselJonathan Waclawski has worked at the association since 2017. With his promotion comes the exit of former general counsel and legal affairs VP Lesley Muchow.Updated March 6, 2025
- Most brokerage leaders expect business to improve in 2025More than 70% of execs in a recent poll anticipate a bump in transactions this year, a sign of confidence that the real estate market has reached its bottom.February 28, 2025
- Redfin focused on growing market share after missing on profitsRevenue was up 12% in Q4, but losses increased. The company hopes cost savings, marketing and a stronger sales team will get it back in the black in 2025.February 27, 2025
- Mortgage rates are falling, but economic uncertainty growsRates fell to the lowest level in two months — good news for affordability — but pending sales also dipped, and declining confidence may keep buyers sidelined.February 27, 2025
- Home price growth hasn't been this slow for a decadePrices are still going up, but 2024 ended with just 4.5% annual growth. Regionally, the Northeast is still going strong, while the Sunbelt has cooled.February 26, 2025
- Are new homes starting to get bigger?Following years of declines, the square footage of single-family home starts was up at the end of 2024. If mortgage rates ease, that trend could continue.February 25, 2025
- Fewer agents are switching brokeragesWhile agents tend to shop around in January, movement was unusually subdued last month. To woo top talent, brokerage leaders may have to get creative.February 24, 2025
- Existing home sales stalled last month, but demand is lurkingWhile down sharply from December, sales are off to a better start vs. 2023 — and buyers who can handle elevated rates have fresh inventory to choose from.February 21, 2025
- eXp revenue up as it looks to excel in a down marketAnticipating a slow recovery, company leaders said they’re focused on efficiency and agent productivity. Revenue rose 7% in 2024, but net losses were also up.February 20, 2025
- Mortgage rates seem stuck — so what will bring back buyers?Rates have dipped slightly, but demand is weak. Agents hope rising inventory and increased bargaining power will prompt more buyers to move forward this spring.February 20, 2025
