Brokerage leaders expect profit margins, sales to decline in 2023
A survey of brokerage leaders across the U.S. found general pessimism around the economy, but confidence in local markets.
January 13, 2023
Linda F. Hersey
Linda is a career journalist who most recently served as an Alaska-based political reporter covering the governor and Legislature on issues that ranged from Arctic policy to the economy. She also has a background in content management at nonprofits that include a STEM university and healthcare system. Linda is an avid bird watcher and longtime animal rescue volunteer. She and her husband now live in the Washington, D.C., area.
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- O, Canada, just banned foreign home buyersA new prohibition, enacted Jan. 1, keeps most international buyers — including Americans — from purchasing Canadian homes. But there are exceptions.January 8, 2023
- Survey: Tech adaptations key to success during Covid and beyondA new report by the National Association of Realtors looked at which work habits and technology adopted during the pandemic are here to stay.January 7, 2023
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- eXp’s Glenn Sanford assumes new leadership roleGlenn Sanford, founder and CEO of eXp World Holdings, will step in as CEO at eXp Realty, the cloud-based brokerage.January 3, 2023
- Proptech startup sets its sights on MLS innovation, integrationOcusell developed a single-entry platform for agents to more easily connect with MLSs. Now, they seek MLSs to connect with their idea.January 2, 2023
- Mortgage rates tick back up after a six-week declineThe 30-year fixed rate increased to 6.42% after nudging down to 6.27% the previous week, ending a six-week downward trend.December 29, 2022
- ‘No selfies’ is celebrity agent’s No. 1 tip for working with the starsA Florida real estate agent who works with high-profile buyers and sellers offers five tips for maintaining client security and privacy.December 29, 2022
- Pending home sales are off for the sixth monthThe number of signed contracts to buy existing homes fell again in November, the National Association of Realtors reported.December 28, 2022
- Bright MLS: Creating 'a better experience for everyone' with dataBrian Donnellan, Bright’s CEO and president, says the effective use of data is key to "helping agents in their business of helping consumers."December 28, 2022
- Home price growth continues downward trend, Case-Shiller reportsPrice gains slowed in October for the fourth straight month, dipping to 9.2% year-over-year, down from around 20% during the first half of the year.December 27, 2022
- Bet you can't guess Zillow’s pick for most popular cityZillow’s annual rankings are dominated by second-tier cities that are more affordable and a short drive from major metro areas.December 25, 2022
- Compass agents predict a buyers market, local growth in 2023Economists have offered their take on the year ahead, but what about the on-the-ground perspective? See what Compass agents expect to see in 2023.December 23, 2022
