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Dave Gallagher

Dave Gallagher

Director, News Reporting

Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.

New home sales experience ‘surprising’ boost
Homebuyers embraced lower mortgage rates in March before new tariffs were announced, causing home sales to jump amid persistent economic concerns.
April 23, 2025
CRMLS says ‘no thanks’ to NAR's delayed marketing option
The MLS contends that the policy offers no benefits to consumers and was created to “placate” the “powerful, national brokerages” that oppose Clear Cooperation.
April 22, 2025
Home value forecast takes a rare negative turn
Zillow’s predicted difference from March 2025 to March 2026 went from barely positive to down 1.7%. And ongoing economic uncertainty isn’t helping.
April 21, 2025
Mandatory NAR membership facing a new legal challenge
The Georgia case joins a handful of others as agents argue they are being forced to pay unnecessary association fees to gain access to listings.
April 19, 2025
Buyers back off, sellers face reality as slowdown continues
Economic experts warn home sales may begin to slow as concerns about the economy and fluctuating mortgage rates give potential homebuyers pause.
April 17, 2025
Builders already seeing costs rise despite tariff pauses
While confidence edged up in April, builders are concerned about future sales as supplier price hikes stand to add nearly $11,000 to the cost of a new home.
April 16, 2025
HomeServices’ new CEO ready to ‘go back on offense’
Chris Kelly is eager to move past the challenges of the past 18 months and focus on unifying and growing the company, with agents and consumers at the core.
April 16, 2025
Gino Blefari steps down as HomeServices CEO
After more than 5 years in the top role, Blefari, now chairman emeritus, is handing off the reins to Chris Kelly, the company's executive vice president.
Updated April 16, 2025
Could home prices stall — or reverse course — in 2025?
Fannie Mae economists are scaling back their price growth estimates for the year as mortgage rates hang around 7%, and some analysts believe prices could fall.
April 15, 2025
Sellers motivated by rates, bullish on sale prices
A new Realtor.com survey indicates homeowners thinking about selling are closely monitoring mortgage rates as they await the right moment to enter the market.
April 14, 2025
Gibson judge refuses to step down
Judge Stephen Bough will continue to oversee the case despite efforts by multiple defendants to have him removed over an alleged conflict of interest.
April 11, 2025
Two directions for home sales amid economic turmoil
Consumer anxiety could "freeze the housing market" — or encourage buyers and sellers to act if they expect things to get worse.
April 10, 2025
Canadian lumber taxes could further increase new home costs
Independently of other recent tariffs, the U.S. is preparing to more than double levies on softwood lumber from Canada, and builders should “plan accordingly.”
April 9, 2025
EXIT Realty settles in Gibson commissions case
Details of the deal were not disclosed in the April 8 filing. Meanwhile, a few of the remaining defendants are trying to get the judge removed from the case.
April 8, 2025
Fannie Mae shakeups continue with ‘unethical conduct’ firings
Over 100 employees have been fired since FHFA Director William Pulte began his tenure, the agency announced, while Pulte took to X to highlight other cuts.
April 8, 2025
Mortgage rates surge amid tariff uncertainty
After 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.
Updated April 8, 2025
How 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.
April 7, 2025
Expect a ‘mortgage rate roller coaster’ following new tariffs
Rates may drop in the short-term before inflation ramps up, but stock market volatility, higher prices and rising unemployment could stall home purchases.
April 3, 2025
Agents are making more money despite the tough market
A new Redfin survey found that many agents reported higher income in 2024 than in 2023, but concerns about the economy and industry changes persisted.
April 3, 2025
The US needs 40 million more low-cost homes
The 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.
April 2, 2025

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