MLS/AssnNAR succeeds in halting DOJ investigationDespite reaching a settlement agreement in 2020, the Department of Justice reopened a probe into NAR policies. The association fought back — and won.Cheryl Reid-SimonsJanuary 25, 2023
IndustryAcquisition of Realtor.com ‘would be a big inroad for CoStar’CoStar has been gaining ground in residential real estate, and industry observers say this latest move would “radically accelerate” the company's growth plans.Linda F. HerseyJanuary 25, 2023
BrokerageseXp inks deal for exclusive lead sourceThe brokerage has formed a partnership with Realty.com, which will give eXp agents access to buyers and sellers in more than 26,000 U.S. cities.Dave GallagherJanuary 25, 2023
IndustryRealtor.com owner 'actively discussing' sale to CoStarA deal may be close for News Corp. to sell Realtor.com and parent company Move to CoStar.Linda F. HerseyJanuary 25, 2023
By the NumbersMigration hits a new high, with Florida a top destinationNew data from Redfin finds a record percentage of people are looking to move to another metro area, with affordability playing a bigger role.Dave GallagherJanuary 24, 2023
MLS/AssnLeading MLSs come together to launch consumer home search portalThree of the nation’s largest multiple listing services — California Regional MLS, Bright MLS and REColorado — announced the joint venture for Nestfully.Linda F. HerseyJanuary 24, 2023
TechZillow improves rental tour schedulingApartment hunters can now book tours instantly, thanks to Zillow's focus on tech that powers both consumer and agent experiences.Dave GallagherJanuary 23, 2023
BrokeragesReffkin's advice to leaders: 'Focus on creating value for agents' After a year of upheaval in the industry, the Compass CEO and co-founder aims to make the company cash flow positive and is leaning into culture and community.Linda F. HerseyJanuary 23, 2023
IndustryTrends 2023: Real estate companies you should know aboutThe real estate landscape is ripe for entrepreneurship. Beyond the big names, get to know one of the innovative companies making an impact. T3 SixtyJanuary 23, 2023
BrokeragesONEChicago leaders know how to serve the South Side: 'We’ve been through it'La'Dweena Smith, CEO of Keller Williams ONEChicago, understands the importance of being hyperlocal, serving clients in their "comfort zone."Nicole BrodeurJanuary 22, 2023
BrokeragesBrokerage Beat: Expansions, acquisitions and recognitionsLatest news: BHHS lands New England firm and Chicago top producer; E&V goes to Costa Rica; The Agency opens in Oregon; RE/MAX launches ad campaign; and moreReal Estate News StaffUpdated January 23, 2023
TechTech Bytes: News and moves in real estate techWise Agent adopts AI, Realtor.com debuts insights tool, Opendoor partners with Lower, zavvie gets a boost, Georgia MLS signs on with CubiCasa.Real Estate News StaffJanuary 21, 2023
TechInside Real Estate embraces 'shared DNA' in acquisition of BoomTownInside Real Estate bought competitor BoomTown, creating a combined reach of more than a half million real estate professionals throughout the industry.Dave GallagherJanuary 20, 2023
By the NumbersDecember chill could thaw out by spring for a ‘boring’ yearIf mortgage rates continue to decline, we could see a more normal spring selling season, according to a Zillow economist.Dave GallagherJanuary 20, 2023
By the NumbersHome sales down again, but may ‘pick up soon’Existing home sales dipped 1.5% in December, defying predictions for a bigger fall, according to the National Association of Realtors.Linda F. HerseyJanuary 20, 2023
By the NumbersAs interest rates decline, loan activity begins to bounce backThe 30-year fixed-rate mortgage averaged 6.15% this week, the lowest rate since September.Dave GallagherJanuary 19, 2023
BrokeragesGlenn Sanford focused on agents, growth and well-being as eXp moves forwardBy stepping back into the CEO role at eXp Realty, Sanford wants to send a clear message that he’s there to help agents through the market slowdown.Dave GallagherJanuary 19, 2023
MLS/AssnClear Cooperation plaintiff faces 'an uphill road'A challenge to NAR's policy toward private listings will proceed in the courts, but claims of antitrust violations and consumer harm may be hard to prove.Linda F. HerseyJanuary 19, 2023
By the NumbersBuyers grapple with uncertainty but have reason to be hopefulWary of making a bad decision in a shifting market, buyers are weighing their options — and waiting for prices to fall along with interest rates.Cheryl Reid-SimonsJanuary 18, 2023
By the NumbersA tough start for buyers — and renters — in 2023A new report from ATTOM finds renting is more affordable than owning across most of the U.S., a big change from a year ago.Dave GallagherJanuary 18, 2023