A slower market isn't slowing growth at The Real Brokerage
Real CEO Tamir Poleg said the company is prioritizing growth — through acquisitions, agent count and market share — to improve the homebuying process.
December 19, 2022
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.
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- Luxury brands are snatching up Global Living teams after breakup with CorcoranThe Corcoran Group cut ties with Global Living last month, prompting a number of the affiliate's former agents to team up with other brokerages.December 19, 2022
- Corcoran Group forms new affiliate after Global Living falloutAfter terminating a franchise agreement with Global Living, The Corcoran Group has launched a new affiliate with 900 agents in Northern California.December 16, 2022
- Condos are holding their value in markets across the USSince peaking in the spring, condominium prices have fallen 4.4% nationally, while single-family prices fell 8.6%.December 15, 2022
- Mortgage rates inch down for fifth straight weekDespite the Fed's half-point rate increase on Wednesday, the mortgage market continues to see declining rates, dropping to 6.31% today.December 15, 2022
- Homeowners who want to move feel 'stuck'A recent survey by Point found that 90% of homeowners who'd like to move in 2023 think it would be too costly.December 13, 2022
- NAR 2023 forecast: Expect a soft landing nationally, with some turbulenceNAR's Lawrence Yun and a panel of four other economists agreed that a crash was unlikely, but discussed both new and chronic issues affecting the market.December 13, 2022
- The Real Brokerage appoints presidentSharran Srivatsaa, who has worked in real estate, finance and tech, will take on the newly created position at the fast-growing brokerage.December 12, 2022
- The highs, lows and path forward for fintech company KnockCEO Sean Black shares the journey of his company's near-IPO followed by painful layoffs and strategic changes.December 11, 2022
- As inventory builds, will buyers return to the market in early 2023?The number of homes for sale jumped a record 15% year-over-year, but mortgage rates will dictate affordability and buyer interest.December 8, 2022
- Mortgage rates continue to soften, but buyers aren’t respondingThe average rate for a 30-year mortgage was 6.33% this week. It’s now the fourth consecutive week of rate drops.December 8, 2022
- Foreclosures on the rise, but remain in checkATTOM's monthly Foreclosure Market Report found filings were up 57% year-over-years still but well below pre-pandemic levels.December 7, 2022
- Zillow ready to show off ShowingTime+ in 2023Mike Lane, co-founder of ShowingTime, says the unified ShowingTime+ brand is arriving at just the right time for agents.Updated December 9, 2022
- A correction is coming, but the market can handle itBright MLS predicts some ups and downs for 2023, including drops in prices and mortgage rates, and a return to seasonal patterns in the spring.December 7, 2022
- Builders haven't faced mass layoffs — at least not yetResidential construction has fared better than some parts of the real estate industry, with an increase in jobs year-over-year.December 5, 2022
- Can your buyer Airbnb that house? Redfin’s new zoning details provide answersIn an effort to increase data transparency, the brokerage’s search portal now offers land-use and zoning data on 70 million homes.December 5, 2022
- Zillow’s forecast for 2023: It’s all about affordabilityPredictions include a healthy housing market in the Midwest, more friends and family members pooling resources to buy a house, and more first-time landlords.December 2, 2022
- A record number of sellers took their homes off the market this fallRedfin reports that 2% of U.S. homes were delisted each week during the past three months. In recent years the peak was around 1.6%.December 2, 2022
- Opendoor co-founder steps down, president leavesThe company, which announced significant layoffs last month, replaced former CEO and co-founder Eric Wu with Carrie Wheeler, who joined as CFO in 2020.December 1, 2022
- Mortgage interest rates continue downward trendThe mortgage rate averaged 6.49% this week, according to Freddie Mac. That’s down from over 7% just a few weeks ago.December 1, 2022
