IndustryRocket’s acquisition spree: Power grab or survival play?Rocket’s recent acquisitions of Redfin and Mr. Cooper could pose threats to IMBs, mortgage brokers and agents alike.Coby HakalirApril 8, 2025
By the NumbersMortgage rates surge amid tariff uncertaintyAfter trending down last week, the 30-year fixed-rate mortgage had its largest 24-hour increase of 2025 on Monday — and climbed even closer to 7% on Tuesday.Dave GallagherUpdated April 8, 2025
IndustryRealtor.com, CoStar agree to dismiss trade secrets lawsuitCoStar CEO calls suit a “nasty PR stunt” with “innocent victims” as Realtor.com affirms “unwavering and uncompromising” pledge to defend intellectual property.AJ LaTraceUpdated April 7, 2025
IndustryHow would privatizing Fannie Mae, Freddie Mac impact buyers?As the FHFA signals an interest in loosening control of the GSEs, experts predict mortgage rates would rise as a result — but the increase might be temporary.Dave GallagherApril 7, 2025
MLS/AssnPrivate listings push opens the door to discriminationNAREB’s Dr. Courtney Johnson Rose tells Real Estate News independent brokers and consumers will “suffer” if efforts to bolster private listing channels persist.AJ LaTraceApril 7, 2025
By the NumbersThe ‘magic number’ of listing views for a fast saleNew Zillow research explains which metrics can predict a listing’s length of time on the market — and what sellers can do to speed up the process.Meghan RoosApril 5, 2025
BrokeragesBrokerage Beat: News from Michael Saunders, Christie's, BHGRE, KW, moreA promotion at Florida powerhouse MSC; Christie's nabs $1B Park City team; a BHGRE merger in Appalachia; 14-agent team joins KW in New Jersey; and more news. Real Estate News StaffApril 5, 2025
BrokeragesHow Compass staged its pre-marketing blitz in SeattleBrokerage leadership coordinated a private listings push in the region despite MLS rules restricting pre-marketing — and the risk of steep fines for agents.AJ LaTraceApril 4, 2025
By the NumbersWill job growth and lower rates be enough to motivate buyers?Today’s jobs data was stronger than expected, and mortgage rates hit a 5-month low. That could boost home sales if economic anxiety doesn’t scare buyers away.Amie FisherApril 4, 2025
IndustryNew data: Private listings offer ‘no benefits to sellers’Though the number of office exclusives is rising, a new report from Bright MLS found no financial advantage to pre-marketing a home off the MLS.AJ LaTraceApril 3, 2025
By the NumbersExpect a ‘mortgage rate roller coaster’ following new tariffsRates may drop in the short-term before inflation ramps up, but stock market volatility, higher prices and rising unemployment could stall home purchases.Dave GallagherApril 3, 2025
AgentsAgents are making more money despite the tough marketA new Redfin survey found that many agents reported higher income in 2024 than in 2023, but concerns about the economy and industry changes persisted.Dave GallagherApril 3, 2025
By the NumbersThe US needs 40 million more low-cost homesThe number of households that can only afford homes under $300K far exceeds the supply at that price point, while there is a glut of homes valued at $2M and up.Dave GallagherApril 2, 2025
IndustryNew CEOs at Peerage, NTREIS; NAHREP president installedPeerage, the No. 10 brokerage by sales volume, names Tara Brown as CEO. Texas’ largest MLS also gets a new leader, and Oralia Herrera begins her term at NAHREP.Real Estate News StaffApril 2, 2025
BrokeragesCompass retains the top spot among US brokeragesWith over $231 billion in sales volume last year, the firm — which has been on an acquisitions spree — ranked No. 1 in the Mega 1000 list of top brokerages.Stephanie Reid-Simons, Amie FisherApril 2, 2025
IndustryBrokerages have 3 options after Clear Cooperation decision With NAR opting to keep the CCP with a “delayed marketing” alternative, industry leaders say firms should prepare their “counter move” to stay competitive.AJ LaTraceApril 1, 2025
IndustryMLS PIN deal finally gets judge’s OK despite DOJ pushbackThe $3.95 million settlement aligns with NAR math, but unlike NAR’s agreement, allows the Massachusetts MLS to continue displaying offers of compensation.Dave Gallagher, Stephanie Reid-SimonsApril 1, 2025
BrokeragesGibson plaintiffs don’t get to block eXp, Weichert dealsThe judge in Georgia’s Hooper case said the Missouri home sellers can file objections but can’t intervene to stop the settlement process from moving forward.Dave GallagherMarch 31, 2025
IndustryPeople on the Move: Motto Mortgage CEO retiringWard Morrison, who leads RE/MAX Holdings' mortgage divisions, was RE/MAX’s VP of regional operations prior to Motto's launch in 2016.Real Estate News StaffMarch 31, 2025
MLS/AssnMilestones: MetroTex, CCAR move forward with merger plansMembers will make the final call, and if approved, the move will create “a unified voice” in North Texas ”at a time when our industry demands it.”Real Estate News StaffMarch 31, 2025