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
By the NumbersMore buyers believe they can find an affordable homeA new trends survey found that while most buyers still have trouble finding homes that fit their budget, more are optimistic about their chances.Dave GallagherApril 28, 2023
By the NumbersHousing Market Decoded: The Fair Housing Act at 55Expanding homeownership remains a crucial task, says Dr. Lisa Sturtevant, as the White-Black homeownership gap is even wider now than it was in 1970.Lisa SturtevantApril 28, 2023
By the NumbersLack of inventory put a damper on March pending home salesThe National Association of Realtors reported the first dip in pending sales since last November as inventory remains tight.AJ LaTraceApril 27, 2023
BrokeragesSherry Chris steps down as leader of BHGRE and ERASherry Chris, president and CEO of the Anywhere Expansion Brands portfolio, is retiring from brand leadership and will transition to an advisory role.Stephanie Reid-SimonsApril 27, 2023
By the NumbersMortgage rates up for a second week, but may top out soonThe average 30-year mortgage was up slightly this week, but cooling inflation is a sign that the market is stabilizing, which should prompt declines.Dave GallagherApril 27, 2023
By the NumbersCash offers are up, profits are down — but some metros are thrivingWhile these trends can bring challenges, understanding local market dynamics can help buyers and sellers be more competitive.Dave GallagherApril 27, 2023
Brokerages50-year Arizona real estate veteran sees blue skies aheadBrokerage leader Bill Ryan, whose firm recently joined KW, has seen tremendous growth — and a few booms and busts — over his five decades in the industry.AJ LaTraceApril 26, 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
By the NumbersNew home sales gaining momentumThe latest U.S. Census numbers on new home sales illustrate an improving market for homebuilders, especially in the South.AJ LaTraceApril 25, 2023
By the NumbersSoutheast continues to buck national price-growth trendsThe Case-Shiller data for March showed continuing annual declines in home prices, with stark regional differences.Dave GallagherApril 25, 2023
BrokeragesNewer brokerages take top spots in Mega 1000 rankingsSeveral of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass.AJ LaTraceApril 25, 2023
BrokeragesRedfin closes the door on fully remote workCEO Glenn Kelman said working from home isn’t working out for Redfin, which will require HQ employees to spend at least two days a week in the office.Dave GallagherApril 24, 2023
By the NumbersBuckle up: More buyers may be on the wayA new survey from the National Association of Home Builders found a significant increase in the number of adults who plan on buying a home this year.Dave GallagherApril 24, 2023
By the NumbersHousing Market Decoded: Low interest rates were a blessing and a curseBuyers might long for pandemic-era mortgage rates, but economist Matthew Gardner cautions that the "bad & the ugly" impacts outweighed the good ones.Matthew GardnerApril 24, 2023
MLS/AssnThe search for LGBTQ-friendly agents just got easierThe LGBTQ+ Real Estate Alliance recently launched a consumer site that helps potential clients find an agent who understands their needs and challenges.Dave GallagherApril 23, 2023
BrokeragesCorcoran's five decades of female leadershipIn 1973, with a $1000 loan, Barbara Corcoran launched what would become a global luxury real estate company. And it's always had a woman at the helm.Cheryl Reid-SimonsApril 22, 2023
BrokeragesBaird & Warner 'snowbird' agents can follow buyers to FloridaJeff and Joanne Collis, originally based in Illinois, have been building a business in Naples, Florida while also working on deals in the Chicago suburbs.AJ LaTraceApril 22, 2023
By the NumbersYoung buyers are embracing homeownershipA new report found that in 2022, 30% of Gen Z Americans owned a home at age 25, making them a prime source of buyer (and seller) leads.Dave GallagherApril 22, 2023
AgentsHow one agent on Instagram created a $100M sales teamWith an Instagram following of 50,000 and nearly 60 sales so far this year, the Upstate Curious team is taking over the Hudson Valley.AJ LaTraceApril 21, 2023