By the NumbersThe best investor opportunities? Look southFlorida, North Carolina and Texas dominate a new report sizing up the top 10 markets for real estate investment.AJ LaTraceSeptember 25, 2024
BrokeragesSide announces mentorship-focused rev share programThe brokerage platform also asked a judge to dismiss a copycat commissions lawsuit, saying it fails to prove Side conspired with anyone over agent compensation.Stephanie Reid-SimonsSeptember 24, 2024
BrokeragesRedfin ramping up, sees a brighter spring aheadAgent count is growing, teams are expanding and its new compensation plan — Redfin Next — is going national faster than expected, according to a top exec.Dave GallagherSeptember 24, 2024
IndustryCoStar tallies win in ongoing Realtor.com trade secrets suitA U.S. District Court judge has denied Move’s request for a preliminary injunction and questioned claims of “irreparable harm” to Realtor.com.AJ LaTraceSeptember 23, 2024
By the NumbersHousing Market Decoded: The housing deficit, and how to fix itHousing issues have made their way into presidential politics, but federal policies are unlikely to make a dent in the undersupply in the short-term.Lisa SturtevantSeptember 23, 2024
Industry‘Unfiltered’: How real estate’s ‘powerful culture’ led to ‘price fixing’Watch the conversation with Steve Brobeck — whose work has influenced commissions cases and DOJ investigations — as he shares concerns about industry practices.Real Estate News StaffSeptember 21, 2024
BrokeragesBrokerage Beat: News from eXp, RE/MAX, Real, CB WarburgeXp adds NY team with 200-plus agents; RE/MAX Key Properties merges with West + Main Homes Oregon; Nicole Reed & Associates gets Real; and more.Real Estate News StaffUpdated October 26, 2024
TechTech Bytes: Place buys Livian; Lone Wolf adds Buyer's Agent ClubPlace/Livian deal ‘a significant step’; Lone Wolf and Seeking Agents respond to lawsuit-driven industry changes; Stellar adds access to MLS Match referral tool.Real Estate News StaffSeptember 20, 2024
AgentsNAR tells buyers they can — and should — negotiate with agentsA new guide explains the types of compensation allowed (not an “open-ended amount or a range”), how buyers can ask sellers to pay and when it’s OK to walk away.Stephanie Reid-SimonsSeptember 20, 2024
IndustryPeople on the Move at Realtor.com, Canopy, Virginia RealtorsFormer NextHome co-founder joins Realtor.com; North Carolina’s Canopy Realtor Association promotes VP to general counsel and COO; Virginia Realtors CEO retires.Real Estate News StaffSeptember 20, 2024
By the NumbersSluggish August caps off ‘disappointing’ summerExisting homes sales were down 4.2% year-over-year as prices kept climbing, keeping buyers sidelined. The good news: Inventory continues to build.Dave GallagherSeptember 19, 2024
MLS/AssnMake NAR membership optional, state association saysAlabama Realtors wants members to have “greater flexibility” with their dues dollars. Without it, NAR faces legal risk and could “lose these members forever.”Stephanie Reid-SimonsSeptember 19, 2024
By the NumbersMortgage rates hovering around 6% — but now what?Economists are divided over whether rates will continue to drop — and whether “the dam is going to break” and unleash a flood of buyers.Dave GallagherSeptember 19, 2024
AgentsHomebuyers share their biggest deal-breakersA home’s layout and natural light are important, but a new survey reveals what people refuse to give up — and how many of them can stick to their budgets. Stephanie Reid-SimonsSeptember 19, 2024
AgentsBuyers value community — and agents who are connected to itA recent survey from Century 21 found that buyers rank community higher than the home itself, and they rely on their agents to provide local insights.Amie FisherSeptember 18, 2024
By the NumbersThe Fed goes big with first rate cutThe board took an aggressive approach with its 50-basis point cut, and signaled that two more cuts are coming this year.Dave GallagherSeptember 18, 2024
By the NumbersConstruction activity on the reboundHousing starts and completions rose year-over-year, and builders expressed more confidence this month — but a significant housing shortfall remains. Dave GallagherSeptember 18, 2024
By the NumbersIt’s decision time for the Fed, but it may be coming too lateWhile a rate cut — which could further drive down mortgage rates — would help homebuyers, there are other headwinds at play in the final months of 2024.Dave GallagherSeptember 17, 2024
IndustryClear Cooperation: A lawsuit looms as the conversation continuesMauricio Umansky pledges a court fight against NAR, while Compass and Redfin CEOs take opposite sides on the policy.Stephanie Reid-SimonsSeptember 17, 2024
BrokeragesFathom settles commissions lawsuit for $2.95 millionThe cloud-based brokerage will pay three installments into the settlement fund over the next two years, pushing the fund total past the $1 billion mark.Dave GallagherSeptember 16, 2024