By the NumbersA bright spot in a sluggish market: New homes are hotNew home sales jumped 10.6% in July as builders took advantage of lower mortgage rates and used incentives to close deals.Dave GallagherAugust 23, 2024
IndustryDOJ files antitrust lawsuit against RealPageThe federal agency claims that the rental software company’s product is keeping rents high and stifling competition.Dave GallagherAugust 23, 2024
Industry‘Unfiltered’: Betting on Zillow — and a mass exodus of agents?Watch the conversation with analyst John Campbell on the winners — and “not winners” — among public real estate firms, plus a bold guess about agent attrition.Real Estate News StaffAugust 23, 2024
BrokeragesFlat-fee brokerage sues NAR, alleges steeringHomie says the defendants — NAR, 4 top brokerages and a Utah MLS — conspired to control competition in the industry and steered buyers away from its listings.Dave GallagherAugust 22, 2024
BrokeragesRedfin lays off staff, offers some of them jobs as agentsThe company said fewer than 100 roles were affected, and it "needs less support and managerial staff" as more agents transition to Redfin Next.Taylor SoperAugust 22, 2024
BrokeragesAnywhere encourages offers of comp, asks ‘big question’ of MLSsTop execs discussed how the company is addressing industry practice changes, including its intention to display compensation on its listings.AJ LaTraceAugust 22, 2024
By the NumbersMortgage rates still not low enough to spark buyer interestThe Fed is expected to cut interest rates next month, but it could take a big drop to spur a rebound in sales — though things are starting to look up.Dave GallagherAugust 22, 2024
IndustryHow do the presidential candidates’ housing policies stack up?Redfin economists break down proposals from Harris and Trump and discuss their viability and what they might mean for housing supply, affordability.Dave GallagherAugust 21, 2024
IndustryGibson attorneys seek one-third of the settlement potIn a court filing, lawyers called the nearly $37 million request “reasonable” and “appropriate” based on the risk and hours involved.Dave GallagherAugust 21, 2024
MLS/AssnThe story behind the ‘hard line’ of MLS fines“We have to protect our brokers and agents” from the risks of violating the NAR deal to settle commissions lawsuits, said Merri Jo Cowen, CEO of Stellar MLS.Stephanie Reid-SimonsAugust 21, 2024
By the NumbersGo (Mid)West — and East — for the hottest housing marketsA suburb of Columbus, OH, once again tops Realtor.com’s ranking of the most wanted ZIP codes. Massachusetts, meanwhile, has three spots in the top 10.Stephanie Reid-SimonsAugust 20, 2024
Industry‘Unfiltered’: ‘Take the duct tape off’ and let leaders leadWatch the conversation with real estate media maverick Brad Inman as he shares his thoughts on NAR, transparency and the state of the industry.Real Estate News StaffAugust 20, 2024
By the NumbersHousing Market Decoded: Is prime shopping season about to hit?The pendulum is swinging in buyers' favor this fall. See which three trends could finally give them some leverage. Jeff TuckerAugust 20, 2024
IndustryReal estate stocks jump as new rules go into effectRedfin and iBuyer companies had the biggest gains in a rally following the Aug. 17 deadline for practice changes. Dave GallagherAugust 19, 2024
MLS/AssnUpstart association ready to collect dues, lays out road map“We have to act as an industry. We have to do something,” Jason Haber, co-founder of the American Real Estate Association, told Real Estate News.AJ LaTraceAugust 19, 2024
TechTech Bytes: News from CoreLogic, Lofty, CubiCasaCoreLogic adds AI image search to consumer-agent collaboration portal; Lofty acquires Firepoint CRM; NextHome agents get access to CubiCasa's floor plan app. Real Estate News StaffAugust 19, 2024
MLS/AssnIt’s official: Nykia Wright named NAR CEOThe transformative newspaper exec moves into the permanent CEO role at the National Association of Realtors — the U.S.’s largest trade association — this week.AJ LaTraceAugust 19, 2024
BrokeragesThe path to becoming one of the top women in real estateBess Freedman, CEO of Brown Harris Stevens, embraced entrepreneurship and “took a U-turn” from law to become a leading force in the industry.Nicole BrodeurAugust 18, 2024
IndustryReal estate’s day of change is here: 3 things to knowImportant practice changes required by the NAR settlement take effect today, affecting buyer agent agreements and compensation. “We are in this together.”Stephanie Reid-SimonsAugust 17, 2024
BrokeragesBrokerage Beat: News from Realty ONE, Compass, Coldwell Banker, C21MVP Realty joins Realty ONE in Florida; Compass adds two top NYC agents; Coldwell Banker gains luxury Boca Raton agent; No. 1 C21 team moves to SoCal franchise.Real Estate News StaffUpdated August 17, 2024