IndustryLayoffs at Redfin, ZillowThe Seattle-based companies confirmed the cuts. Redfin said no agents were among the 46 staff affected; Zillow didn't disclose how many employees were let go.Taylor SoperJanuary 10, 2025
MLS/AssnLas Vegas Realtors apologizes after a dramatic start to 2025The association's new president, who stepped into the role a year early after two other leaders abruptly resigned, hopes to restore LVR's credibility.Robert DavisJanuary 10, 2025
By the NumbersMortgage rates soar following strong jobs reportThe employment data is good news for workers, but it means the Federal Reserve is unlikely to cut rates later this month, keeping borrowing costs elevated.Dave GallagherJanuary 10, 2025
By the NumbersHousing supply and demand could shift dramatically in 10 yearsPopulation growth is slowing, which means fewer new households — and fewer new homes needed. But immigration is still a wild card.Dave GallagherJanuary 10, 2025
IndustryAssessing the housing damage in LA: Costliest fires ever?Damage estimates are as high as $50 billion with thousands of properties destroyed, containment elusive and at least five people killed.AJ LaTraceJanuary 9, 2025
By the NumbersMortgage rates drift higher — but buyer activity picks upWeekly averages moved closer to 7%, but upcoming labor market reports could change the trajectory.Dave GallagherJanuary 9, 2025
BrokeragesBrokerages in Georgia commissions case ask for settlement approvalWith all deals now disclosed, the parties have requested preliminary approval, but the eXp and Weichert settlements are still under scrutiny in another court.Dave GallagherUpdated January 10, 2025
BrokeragesLPT Realty CEO on ‘agent choice,’ scaling to 100KThe upstart brokerage offers both rev share and fee-based plans, which CEO Robert Palmer believes will be key to their growth. So far, it seems to be working.AJ LaTraceJanuary 9, 2025
BrokeragesRE/MAX president out after less than a year in the roleAmy Lessinger announced her resignation after nearly three decades with RE/MAX, a brand she had vowed to never leave.Amie FisherJanuary 8, 2025
By the Numbers‘Never sell’ boomers could add to inventory strainOver a third of existing homeowners — and 43% of those over 60 — say they don’t plan to ever sell their home, a Redfin survey found.AJ LaTraceJanuary 8, 2025
IndustryCompass CEO tops list of real estate’s most powerful leadersRobert Reffkin has been outspoken and growth-focused, landing at No. 1 on the 2025 SP 200. At No. 2? Another disruptor-turned-dominator, eXp’s Glenn Sanford.Stephanie Reid-SimonsJanuary 8, 2025
By the NumbersHousing optimism up 'substantially' compared to a year agoConsumer sentiment was relatively high in December, largely driven by expectations of declining mortgage rates in 2025. Dave GallagherJanuary 7, 2025
IndustryDOJ files amended complaint against RealPageJust a month after the company announced an investigation into its rental pricing practices had ended, the DOJ is back with an updated, expanded lawsuit.Dave GallagherUpdated January 7, 2025
Tech'Unfiltered': Real estate must stop moving ‘at the speed of paper’Watch the conversation as the CEO of Matterport shares his pitch to skeptical agents and his push to create the “forward-looking ecosystem” homebuyers expect.Stephanie Reid-SimonsJanuary 7, 2025
MLS/AssnHow the country's largest MLS is pitching its valueAre MLSs still relevant in real estate’s new era? Absolutely, says California Regional MLS, whose new campaign focuses on adaptation and member empowerment.Dave GallagherJanuary 6, 2025
MLS/AssnSherry Chris moves to NAR, will serve as executive advisorJust two weeks after leaving Anywhere, the industry veteran has taken on a new role supporting National Association of Realtors CEO Nykia Wright.AJ LaTraceJanuary 6, 2025
IndustryTrends 2025: What does the DOJ want from the industry?The Department of Justice's statement in the MLS PIN case is still the clearest indication of the government's views on buyer agent compensation.Real Estate News StaffJanuary 6, 2025
BrokeragesBrokerage Beat: News from Compass, ERANYC luxury agent joins Compass after 20 years with Corcoran; Results Realty ERA Powered acquires Chicago-based Mark Allen Realty.Real Estate News StaffJanuary 4, 2025
MLS/AssnA new year brings new litigation over mandatory membershipLouisiana agents are the latest to sue NAR over membership rules that limit MLS access — and alleged reputational damage caused by scandals and lawsuits.Dave GallagherJanuary 3, 2025
MLS/AssnNAR membership dips below 1.5M — will losses continue?After remaining largely stable during the second half of 2024, recent threats from agents and local associations could result in further declines this year.AJ LaTraceJanuary 3, 2025