IndustryA hazy future for homeowners insurance in CaliforniaTwo of the state's top providers will no longer accept new applications, setting a grim precedent and adding another challenge for buyers.AJ LaTraceJune 9, 2023
IndustryReal Estate News columnists bring home top industry awardsLeading economist Dr. Paul Bishop and respected broker J. Philip Faranda were honored by the National Association of Real Estate Editors at their annual event.Stephanie Reid-SimonsJune 9, 2023
TechZillow unveils its latest ShowingTime+ agent productAn enhanced, feature-rich Appointment Center offers several new efficiency-oriented tools for agent users.Dave GallagherJune 8, 2023
By the NumbersMortgage rates finally inch down, but buyers aren’t pouncingThe 30-year fixed-rate mortgage averaged 6.71% this week, the first drop in nearly a month.Dave GallagherJune 8, 2023
By the NumbersHomeowner equity declines but is still riding highHome equity dipped last quarter for the first time in a decade, but big gains in recent years have kept most homeowners squarely in the black.Dave GallagherJune 8, 2023
MLS/AssnMLS revenue-sharing venture moving ahead of scheduleREdistribute, which sells data from participating MLSs to institutional users, now covers nearly half of U.S. residential properties.Dave GallagherJune 7, 2023
By the NumbersHome appreciation sluggish but could double by end of yearCoreLogic reported that national home price growth slowed to just 2% year over year in April, but gains (and losses) varied locally.AJ LaTraceJune 7, 2023
By the NumbersTighter credit adds another hurdle for buyersBlack Knight reports that recent borrowers had higher credit scores and larger down payments, suggesting that lenders have tightened their standards. Dave GallagherJune 6, 2023
MLS/AssnREcolorado CEO: MLSs can accomplish more through collaborationGene Millman, the leader of Colorado's largest MLS, believes MLSs "have a bad habit of forming silos" — but by working together, they can be stronger.Robert DavisJune 6, 2023
By the NumbersStudent loan payments are coming back — will they sideline buyers?As part of the government debt-ceiling deal, student loan payments that had been paused for the past three years will resume at the end of August.Dave GallagherJune 6, 2023
By the NumbersBuyers look to the South and Midwest, but costs can be highMidwest and Sunbelt markets continue to attract home shoppers, but affordability is precarious, especially in Florida as insurance rates rise.AJ LaTraceJune 5, 2023
AgentsAgents' biggest mistakes, and what they learned from themEveryone messes up from time to time. See the mistakes that set some agents back, but ultimately provided lessons for success.Mary BooneUpdated November 17, 2023
AgentsWhen real estate is 'All in the Family'It's not uncommon for agents and brokers to work alongside spouses, siblings and other family members — see how they make it work + 4 tips for success.Mary BooneUpdated August 25, 2023
BrokeragesBrokerage Beat: News from ERA, United, The Agency, RE/MAXERA gains NewCon specialty firm in Sacramento; United's Platinum Realty takes top market share; The Agency opens in Coeur d'Alene; RE/MAX co-founder retires.Real Estate News StaffJune 3, 2023
IndustryFederal plan aims to root out racial bias in home appraisalsThe PAVE task force, a joint venture of HUD and other agencies, presented an action plan to address appraisal bias and increase diversity in the industry. Dave GallagherJune 2, 2023
AgentsBuyers most likely to turn to agents with financing questionsA survey of homebuyers reveals which parts of the financing process buyers understood the least, and how agents can add value through financial education. AJ LaTraceJune 2, 2023
IndustryZillow to showcase agents, lenders in new ad campaignThe company wants consumers to think of the search portal as an all-in-one destination for not only homes, but also real estate pros.Dave GallagherJune 2, 2023
IndustryDoctorow out as Move Inc CEO; News Corp exec to take overDavid Doctorow is stepping down as CEO of Move Inc, parent company of Realtor.com. News Corp exec Damian Eales starts on June 12.Dave GallagherJune 1, 2023
By the NumbersMost Americans support adding density to combat affordability woesHousing supply has not kept up with demand, but building more units in existing residential neighborhoods could be part of the solution.Robert DavisJune 1, 2023
By the NumbersMortgage rates jump, but debt deal should reduce pressureThe 30-year fixed-rate mortgage surged by nearly a quarter point this week to reach the highest level since November.Dave GallagherJune 1, 2023