IndustryCoStar’s Andy Florance takes direct aim at ZillowThe CoStar CEO said that Homes.com’s ‘Your listing, your lead’ model is better for agents and consumers.AJ LaTraceMay 2, 2023
IndustryMortgage fee changes raise costs for some, lower costs for othersThe new mortgage fee structure is an attempt by the FHFA to create "equitable and sustainable access to homeownership."Dave GallagherMay 1, 2023
IndustryIndustry Decoded: Billions at stake in Anti-Money Laundering effortsMoney laundering criminals have their eyes on real estate, and with that interest comes heightened scrutiny from the government, as well as heightened risk.Richard RosenblumApril 30, 2023
IndustryHomes.com making big strides in portal race, but Zillow dominatesCoStar’s investment in Homes.com appears to be paying off as the home search site boasts more than 100% year-over-year growth.AJ LaTraceApril 29, 2023
IndustryCoStar beats expectations, increases revenue by 13%The company cited increased traffic to its portal websites, including Homes.com, as one reason for its growth.Dave GallagherApril 25, 2023
IndustryOpendoor cuts 22% of its employeesThe industry’s leading iBuyer continues its struggle against housing industry headwinds, cutting about 560 employees, mostly in operations.Stephanie Reid-SimonsApril 18, 2023
IndustryLack of access to small mortgages can stymie homeownershipBuyers seeking small mortgages have been increasingly shut out of traditional lending channels, leaving them with riskier options. Dave GallagherApril 16, 2023
IndustryIndustry Decoded: Commissions lawsuits could give portals an edgeThe outcome of the Moehrl suit could affect countless buyer agents. Might Zillow and other portals become an Uber-style marketplace for those agents? Russ CofanoApril 13, 2023
IndustryPeople On the Move at United RE, eXp, Lake Homes RealtyBrokerage leader Phillip Cantrell named SVP at United Real Estate; Carolyn Merchant promoted to CMO at eXp Realty; Lake Homes adds growth-focused leaders.Real Estate News StaffApril 13, 2023
IndustryNew auction marketplace puts a twist on how agents get paidReal estate consultant Rob Hahn is introducing a marketplace auction website that allows homeowners to sell without paying commissions.Dave GallagherApril 12, 2023
IndustryOffice-to-housing conversions are on the riseTransforming underutilized office space to living space can create needed housing inventory, but it's not always easy. Some cities are trying to change that.Dave GallagherApril 9, 2023
IndustryDown payment assistance 'a gold mine' for first-time buyersThere’s money out there for people who need help getting into their first home — especially if they’re part of an underserved community.Cheryl Reid-SimonsApril 7, 2023
IndustryZillow settles co-marketing suit for $15MAfter more than 5 years of litigation, the company agreed to a settlement with shareholders over its co-marketing program, which remains active.Cheryl Reid-SimonsApril 4, 2023
IndustryIndustry Decoded: Is your company's data secure?If you're not investing in cybersecurity, your business may be vulnerable to a breach. Preventive measures are key to protecting your data and your firm.Richard RosenblumApril 3, 2023
IndustryLawsuit could shake the landscape for buyer’s agentsWith billions of dollars at stake, a judge’s ruling this week poses challenges to the residential real estate commission system.Stephanie Reid-SimonsApril 1, 2023
IndustryPeople On the Move at Real, Endpoint, Epique and Howard HannaAlexandra Lumpkin first general counsel at Real, Shawna Hernandez lands COO role at Endpoint, Sam Rodriguez joins Epique board, Kris Burdick promoted at Hanna.Real Estate News StaffMarch 31, 2023
IndustryReality Check: 'Selling Sunset' sells an alternate realityReal estate reality TV isn’t exactly real. "The Bachelor" alums Jason and Molly offer their candid feedback on the glamorous and dramatic SoCal reality show. Real Estate News StaffMarch 31, 2023
IndustryOnly 5 of the top 20 real estate companies boosted sales in 2022In a tough year for real estate, many of the top companies and franchise brands held onto their rankings, but only a few were able to grow sales volume.Dave GallagherMarch 30, 2023
IndustryCommissions lawsuit now a class action, greatly increasing its scopeA judge ruled that the Moehrl suit would now cover all sellers who paid commissions to named companies over a 5-year period, plus “current and future” sellers.Stephanie Reid-SimonsUpdated September 22, 2023
IndustryZillow dominates the portals, but Homes.com gains groundA 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.Amie FisherMarch 23, 2023