By the NumbersNewly built homes a hot commodity for spring buyersAs existing home listings have fallen, the inventory of new homes has increased — and prices have dropped — making them an attractive option.Dave GallagherMay 23, 2023
By the NumbersSmall investors continue to scoop up homesSeeking steady rent growth and affordable price points, investors were drawn to cities in the Midwest and Southeast.AJ LaTraceMay 23, 2023
TechLorne Wallace, founder of Lone Wolf Technologies, has diedWallace, who grew up in a real estate family, was proud to be involved in an industry that had such a profound impact on people's lives.Cheryl Reid-SimonsMay 22, 2023
BrokeragesKW president on what eXp, Zillow — and Gary Keller — have wroughtMarc King explains why Keller Williams needs to be the tech company of choice and why the industry needs agents who value service over shortcuts.Stephanie Reid-SimonsMay 20, 2023
By the NumbersNew home sales surprisingly steady in a wobbly marketNew homes may be particularly appealing to buyers when existing home inventory is tight.AJ LaTraceMay 19, 2023
By the NumbersHomebuying trends and motivations in the LGBTQ+ communityA new report helps agents better understand the preferences, drivers and challenges for LGBTQ+ buyers.Dave GallagherMay 19, 2023
By the NumbersWhy slowing rent growth is a good sign for the economy, future buyersRent growth was up just 0.3% YoY in April and is falling below inflation and wage growth, which "suggests better times ahead for the U.S. economy."Dave GallagherMay 19, 2023
BrokeragesBrokerage Beat: Growth at eXp, The Agency, E&V, Christie's, moreeXp snags 200-person team; E&V expands to D.C. and Sarasota; The Agency opens in Indianapolis; Christie's now in Puerto Rico; Real, Sotheby's, Hanna make gains.Real Estate News StaffUpdated May 20, 2023
By the NumbersExisting home sales down for a second monthHome sales surged in February after a year of declines, but the momentum didn't last long. After dropping in March, sales dipped further in April.AJ LaTraceMay 18, 2023
By the NumbersMortgage rates inch upward but remain relatively stableThe 30-year fixed-rate mortgage has teetered between about 6.3-6.4% in recent weeks, a possible sign that rates are leveling out.Dave GallagherMay 18, 2023
By the NumbersWhere can buyers find affordable suburbs? Try the East Coast A new study found that homes within 30 miles of expensive metros can offer significantly lower prices. Dave GallagherMay 17, 2023
IndustryHomes.com could become No. 2 search portal in 12 months, says CEOIn an exclusive interview, CoStar CEO Andy Florance shared his ambitious road map for Homes.com’s growth and a critique of the site's competitors.AJ LaTraceUpdated December 31, 2024
IndustryPeople On the Move at Realty ONE and John R. WoodDavid Romero was hired as EVP of growth at Realty ONE, and John R. Wood Christie's announced 4 exec-level promotions.Real Estate News StaffMay 17, 2023
By the NumbersWhere buyers and sellers are finding common groundA new survey by Opendoor found that a high percentage of home buyers and sellers are willing to make some concessions in order to close a deal. Dave GallagherMay 17, 2023
By the NumbersBuyer sentiment is up despite market challengesFannie Mae’s Home Purchase Sentiment Index saw the biggest increase in nearly a year.AJ LaTraceMay 16, 2023
By the NumbersBuilders growing more confident heading into the summer monthsAfter a year of declining confidence in 2022, homebuilder optimism is on the rise, driven by buyer demand that is outpacing the supply of existing homes.Dave GallagherMay 16, 2023
BrokeragesButterflies, the “Easy Bus” and a plan for tough timesHomeServices of America CEO Gino Blefari knows what agents are facing — and what they’re capable of. His advice? Keep going. Winning is possible.Stephanie Reid-SimonsMay 16, 2023
By the NumbersBig drops in inventory thwart California buyersCalifornia homebuyers are experiencing the worst situation in the country when it comes to new home listings.AJ LaTraceMay 15, 2023
BrokeragesTeams on the Move: Real and Compass make gains; BHHS Chicago team expandsThe Speicher Group, with $1 billion in sales, has joined Real; luxury Team Carte Blanche returns to Compass; BHHS Chicago's MG Group expands.Real Estate News StaffUpdated May 16, 2023
AgentsAgents Decoded: How to avoid falling victim to scamsShady lenders and vendors make big promises that are often too good to be true. Learn how to vet them, and how to spot red flags.J. Philip FarandaMay 15, 2023