Consolidation means fewer MLSs and associations in 2023
T3 Sixty's annual report on Organized Real Estate found a 7.6% drop in the number of MLSs and a 3.8% drop among Realtor associations since 2020.
February 21, 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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- At family-owned Windermere, relationships are a top priority for 2023Led by co-presidents OB Jacobi, Jill Jacobi Wood and Geoff Wood, the company continues to grow but strives to retain its family-oriented culture.February 21, 2023
- Gary Keller says 2023 will be a ‘very, very hard’ year in real estateDuring KW's Family Reunion event on Sunday, Keller talked about the state of the real estate market — which, he says, may get worse before it gets better.February 20, 2023
- Mutual of Omaha acquires Keller MortgageKeller Mortgage will continue to operate alongside existing divisions of Mutual of Omaha, with Gary Keller as co-owner.February 20, 2023
- Spring outlook still cloudy, but economists are cautiously optimisticAn upward trend in mortgage rates, after weeks of declines, has raised concerns about whether buyers will return. But pent-up demand may push them to act.February 18, 2023
- Real estate investors sat out the fourth quarterA recent report found a record drop investor purchases as interest rates rose and prices began to decline.February 17, 2023
- Real estate tech firm forges ahead with power buyer programThe software company zavvie has introduced its cash offer and buy-before-you-sell products to brokerages in 11 states, with plans to expand later this year.February 17, 2023
- Redfin revenues down 25% but better than expectedCEO and founder Glenn Kelman said the company is continuing to cut expenses and looking to increase the number of online visitors who hire Redfin agents.February 16, 2023
- Mortgage rates move in the wrong direction for would-be buyersInterest rates are up for the second week in a row, and signs point to further bumps. This could put a damper on the spring selling season.February 16, 2023
- Foreclosures creating ripples, but not wavesThe number of distressed properties remains well below pre-pandemic levels, thanks to a strong job market and federal moratoriums, but they're creeping up.February 16, 2023
- J. Lennox Scott is ready to grow: 'This is the start of the next 10-year cycle'Scott, chairman and CEO of John L. Scott Real Estate in the Pacific Northwest, said the market is poised to enter a new period of growth.February 16, 2023
- Zillow beats expectations with fourth quarter earnings resultsThe Seattle-based real estate giant reported revenue of $435 million, exceeding its estimate of $413 million.February 15, 2023
- Most new homes for sale are in an HOA — do buyers care?According to the U.S. Census, 82% of newly built homes sold in 2021 were a part of a homeowners association.February 15, 2023
- Realtor.com to amplify agent reviews through partnershipThe consumer portal is partnering with RateMyAgent, whose participating agents can boost their visibility to Realtor.com's 86 million monthly users.February 14, 2023
- For many NFL players, real estate is a career worth tacklingIn football, a competitive drive and strong work ethic are key to success. No wonder players turn to careers in real estate, which requires similar traits.February 10, 2023
- Mortgage rates up slightly following jobs report, Fed rate hikeVolatility may be the norm for the near future, but mortgage interest rates remain down significantly from their November peak.February 9, 2023
- 'Buy before you sell' gets easier with more lender optionsKnock has opened up its Home Swap program to allow any lender to participate.February 8, 2023
- Home appreciation slows to lowest level in more than 2 yearsCoreLogic’s latest home price index shows year-over-year home appreciation of 6.9%, the lowest rate since late summer of 2020.February 7, 2023
- eXp's Jason Gesing focused on connections, problem solvingIn his new role as Chief Industry Relations Officer, Gesing has an opportunity to build relationships outside of eXp and help support the industry as a whole.February 4, 2023
- Positive jobs report may mean prolonged inflation, high interest ratesWith the latest jobs numbers, the unemployment rate is at its lowest level in more than 50 years. It's good news for workers, but could spell more rate hikes.February 3, 2023
