Heavy investment in Homes.com is paying off, CEO says
Despite a “very brutal” public battle with shareholders over spending on Homes.com, Andy Florance says agent subscription growth proves the playbook is working.
April 25, 2026
Industry News
The trends, shifts and services affecting the industry as a whole.
- Portals are ‘increasingly closing their ecosystem’: Realtor.com CEODamian Eales is frustrated that the industry is spending so much time on pre-marketing debates — and so little time addressing the housing supply crunch.April 24, 2026
- MRED opens access to all agents — with Compass the first to joinThe Chicago MLS, which runs a private listing network, is expanding nationwide to give agents “more choices.” It will receive Compass’ full listing inventory.April 24, 2026
- Zillow CEO bullish about AI’s potential, opportunities for agentsThe company is using AI to improve its own efficiency — and to build better tools for real estate professionals, CEO Jeremy Wacksman said.April 23, 2026
More in Industry
- Gary Keller’s blunt message for MLS leadersThe Keller Williams co-founder called on MLSs to “clean up their business” — or risk losing it — amid the increasing push toward private listings.Updated April 24, 2026
- The state of the housing market? It ‘sucks,’ Rocket CEO saysVarun Krishna thinks the industry “is not working” as it should — which is why he’s pushing for modernization, inventory fixes and a better consumer experience.April 22, 2026
- HomeServices names new SVP; ENRG appoints brokerage leaderLacey Conway, formerly president of Long & Foster, is now SVP at HomeServices of America. Plus, Donnie Pingaro promoted to chief brokerage officer at ENRG.April 22, 2026
- Fed chair nominee feels the heat at confirmation hearingKevin Warsh, who will take over as Federal Reserve chair if confirmed, emphasized his independence as lawmakers pressed him on his loyalty to Trump.April 21, 2026
- Real estate works best in the open — here’s whyThe idea that privacy creates scarcity makes for a good marketing pitch, but it doesn’t hold up when you look at how the housing marketplace really works.April 21, 2026
- Housing shortage number raises eyebrows; Fed nominee hearing setThe White House’s reported deficit “far exceeds” housing economists’ estimates. Plus, Kevin Warsh’s confirmation hearing is next week; real estate fraud rises.April 17, 2026
- Commission changes haven’t killed deals, but ‘worrisome trends’ loomA new CFA report found that homebuyers haven’t been deterred by agent fees, but affordability remains a problem, and “pocket listings” are an emerging threat.April 17, 2026
- eXp drawn into Zillow RESPA case“We will vigorously defend against these claims which we believe have absolutely no merit,” eXp said. The judge, meanwhile, took issue with the amended filing.Updated April 18, 2026
- Redfin makes pre-marketing pitch to NWMLSIn a Redfin blog post, Rocket exec Joe Rath makes a case for “more flexibility” for sellers — while asking Washington state’s largest MLS to change its rules.April 16, 2026
- Third Point abandons CoStar investment in wake of squabbleAfter publicly criticizing the company’s management and spending on Homes.com, activist investor Third Point has sold its ownership stake in CoStar Group.April 13, 2026
- Zillow COO: ‘Preview’ idea first conceived 2 years agoJun Choo explains how Preview is different from other “Coming Soon” products — and decidedly pro-consumer. “We’re not backtracking on any of our philosophy.”April 11, 2026
- NAR, Elliman opt into Tuccori homebuyer settlementThe association will pay more than $52 million to resolve claims brought by homebuyers. Elliman, Anywhere, Real and others also chose to settle via Tuccori.April 10, 2026
- T3 Sixty, Real Estate News founder shares cancer diagnosisStefan Swanepoel says he’s “very optimistic” and will remain active and engaged with the industry as company leaders continue to execute on his vision.April 10, 2026
- Elliman hires chief of staff; new presidents at NAHREP, JPARAreeje Akhtar Oriol joins Douglas Elliman as the CEO’s chief of staff. Plus, Edwin Acevedo begins his term at NAHREP; JPAR Real Estate promotes Tony Delgado.Updated April 8, 2026
- NAR urges courts to consider recent dismissal of membership suitAfter a judge dismissed the Hardy case in Michigan, NAR and regional associations facing similar suits in other states hope the ruling will work in their favor.April 6, 2026
- NWMLS counterclaim strikes back at Compass over ‘deceptive scheme’The Washington-based MLS, which was sued by the brokerage a year ago, said it’s fighting “a battle for the future of the American real estate market.”Updated April 3, 2026
- The MLS will evolve. Who gets to shape what comes next?The strength of the MLS lies in how participants use it to move the industry forward, with cooperative competition, transparency, and a focus on the consumer.April 3, 2026
- Pocket listings really do sell for more — at least in DallasNew research analyzing 20 years of metro-area transactions found that homes sold off-market earned a 1.7% premium — but the findings may not apply elsewhere.April 1, 2026
- Real estate stock prices have taken a big hit in the past yearSome companies have seen their share prices drop by 30% — or more — over the past year amid sluggish housing market conditions and ongoing economic uncertainty.April 1, 2026
- NAR prevails in another mandatory membership caseA judge said the claims in the case known as Hardy were “contradicted by reality.” Plus, plaintiffs in the Taylor case challenge Zillow’s motion to dismiss.March 31, 2026
