Top strategy exec returns to Compass after 2 years away
Mark A. McLaughlin is back at Compass as the company’s chief real estate strategist. He left the company in 2021 to pursue consulting opportunities.
July 19, 2023
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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- Builder confidence is up as more buyers opt for new homesWhile rising interest rates have slowed the rate of increase, confidence is at its highest level in more than a year.July 18, 2023
- Foreclosures trending up but well below crisis levelsMore than 185,000 properties had foreclosure activity in the first half of 2023, up 13% from last year.July 18, 2023
- Could manufactured homes be the next big thing in housing?Prefab homes don't have the sexiest reputation, but modern styles mimic traditional homes — and could make homeownership more attainable.July 13, 2023
- 3 things to know about IDX and listings accessAfter Howard Hanna announced it was dropping IDX, the listings feed service has been a hot topic. But how does it work, and why does it matter?Updated July 13, 2023
- Bringing back the dream for California’s first-time buyersThe state’s "Dream for All" down payment assistance program has received more funding after quickly running out of money earlier this year.July 11, 2023
- Hanna’s move to limit listings: Conversation starter or something more?The country’s largest independent brokerage recently pulled out of IDX in the Cleveland area, touching off widespread discussion. Will its approach catch on?July 7, 2023
- Buydowns, rate lock fees can be powerful negotiation toolsIn this high-interest rate, low-inventory environment, creative financing tactics can help agents and their clients seal the deal.July 7, 2023
- Mortgage rates reach a new high for 2023At 6.81%, the weekly average for a 30-year fixed-rate mortgage is the highest level seen since last fall, when rates spiked above 7%.July 6, 2023
- Housing market's 'about face' upended expectations for 2023Inventory levels aren't following their typical pattern, reversing predictions for the second half of the year.July 1, 2023
- 'Mounting pressure' on industry as MLS agrees to settle commission suitMLS PIN has agreed to pay $3 million and stop requiring sellers to offer buyer-broker compensation, a practice at the core of two other major lawsuits.Updated July 11, 2023
- Hanna CEO chooses 'disruptive' path to retain listing controlHoby Hanna recently made waves by pulling listings from IDX — a move that effectively keeps Howard Hanna Real Estate listings off of competitors’ websites.June 30, 2023
- Mortgage rates tick up as economy continues to show strengthThe 30-year fixed-rate mortgage averaged 6.71% this week, snapping three straight weeks of declines.June 29, 2023
- Zillow shutters closing and title divisionIn an email to clients, the company announced it is ending Zillow Closing Services because it isn’t the “tech-forward and integrated product” customers need.June 28, 2023
- It’s a good time to be selling (and buying) new homesNew home sales are up 20% year-over-year, according to the U.S. Census Bureau, and lower median prices could help first-time buyers.June 27, 2023
- Home prices are on the reboundThe latest Case-Shiller Index found that after falling in the second half of 2022, home prices have been trending up since January.June 27, 2023
- Want more pizzazz in your listing? Zillow's latest tool aims to deliverListing Showcase, a ShowingTime+ product, is designed to provide a more "immersive" experience for buyers and give listings agents an edge.June 27, 2023
- New platform allows agents to add hyperlocal data to websitesNeighborhood Navigator, created by property data company ATTOM, gives real estate professionals a new way to provide clients with detailed community info.June 26, 2023
- California 'engineered' its housing crisis — now it's trying to fix itState Senator Scott Wiener blames California's housing woes on decades of "terrible policy decisions," but he says legislation can help turn things around.June 25, 2023
- Homeownership, affordability gaps persist as prices remain highHarvard's annual housing report found little change in the racial homeownership gap as prices rise and supply stagnates, but federal programs may help.June 23, 2023
