By the NumbersPending sales signal modest improvement in housing marketNAR reported that February pending home sales were up 0.8% from January, making it the third consecutive month of increases.Dave GallagherMarch 29, 2023
MLS/AssnMLS-owned Nestfully wants to make home shopping more pleasantThe new home search platform, a joint venture between Bright MLS and CRMLS, aims to inspire a sense of calm and simplify the process for consumers and agents.Dave GallagherMarch 29, 2023
AgentsAgents Decoded: How to get clients to contact youWhen Jay Thompson needed to find a great local agent, he went looking for someone with a solid online presence and good reviews — who also responded to calls.Jay ThompsonMarch 29, 2023
By the NumbersPrice growth continues to slow, especially in the WestThe Case-Shiller and FHFA indices reported dips in annual and monthly home price appreciation, with current levels reflecting more typical rates of growth.Dave GallagherMarch 28, 2023
By the NumbersBoomers are now biggest group of buyers Millennials dominated the market in 2021, but as affordability pushed younger buyers to the sidelines, boomers took over as the top group of buyers 2022.Dave GallagherMarch 28, 2023
AgentsAgents of Change: Steve Sallion raising the profile of Black agentsSallion doesn't take his success for granted. He's dedicated himself to philanthropy and supporting Black agents at Sotheby's Realty and beyond.Mary BooneMarch 26, 2023
Agents4 ways new agents can take advantage of a slower marketManaging a downturn as a new agent can be challenge — and an opportunity. It's time to focus on your business strategy, brush up on your skills, and network.Mary BooneMarch 25, 2023
By the NumbersCondos an overlooked step to homeownershipNew study finds condos cheaper than homes in most major cities, on par or more expensive in others.Cheryl Reid-SimonsMarch 24, 2023
AgentsMarket Moods: Prices dropping, but not all markets got the memoTwo recent reports showed median U.S. home prices dropping year-over-year in February, the first such drop in a decade. But the local view varies.Cheryl Reid-SimonsMarch 24, 2023
AgentsHe was going to quit real estate — then he went viralMatt Lionetti channeled his desire to entertain into real estate videos, where he's gained millions of views — and million-dollar deals.Nicole BrodeurMarch 24, 2023
TechTech Bytes: News from Modern.tech, SFAR, CubiCasa, Loft47, ReviveModern.tech launches software, partners with Relevate; SFAR partners with Zenlist; CubiCasa adds MLS partnership; Loft47 adds GPT AI; Revive wins ADDY awards.Real Estate News StaffMarch 24, 2023
By the NumbersMortgage interest rates fall for a second weekRates dropped to 6.42% this week, down significantly from 6.73% just two weeks ago, which could give buyers a window to act.Dave GallagherMarch 23, 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
By the NumbersFed moves forward with modest rate hikeThe Federal Reserve increased its benchmark rate by a quarter point, which is likely to influence mortgage rates and slow homebuying activity this spring.Dave GallagherMarch 22, 2023
TechWhat's your digital marketing score? A new tool will tell youSphereBuilder, a new platform for agents and brokers, evaluates the effectiveness of online marketing — a critical tool for lead generation.Dave GallagherMarch 22, 2023
By the NumbersHome sales way up in February, but spring numbers could dipNAR reported a big jump in existing home sales from January to February, though sales and prices are down compared to a year ago.Dave GallagherMarch 21, 2023
TechTech 200: Moving closer to real estate’s 'holy grail'T3 Sixty’s assessment of who's leading in real estate tech includes 199 products from 78 companies. Dave GallagherMarch 21, 2023
By the NumbersSmaller homes in demand as affordability stymies buyersZillow research found that homes with the smallest footprints have seen a higher rate of price growth and an annual decline in inventory.Dave GallagherMarch 20, 2023
BrokeragesKamini Lane takes on top role at Coldwell BankerLane, previously brokerage president of Sotheby's Realty, steps into the role vacated by Ryan Gorman in December.Dave GallagherMarch 20, 2023
IndustryIndustry Decoded: The answer to brokerage growth? It’s no longer 'add agents'Realtor membership went up a stunning 60% over the past decade, but declines are coming. It's time to talk about how to support the agents who stick around.Russ CofanoMarch 20, 2023