By the Numbers‘More wiggle room’ for buyers as rates, supply show promiseSquint and you can see a bright side as housing starts bounce back and mortgage rates drop a bit (but stubbornly stay above 7%).Cheryl Reid-SimonsMay 16, 2024
Industry'Unfiltered': MLS CEO talks tech, settlement pros and consWatch the conversation with NorthstarMLS’s Tim Dain as he discusses how technology can work better for agents, and the not-so-simple outcomes of the NAR deal.Real Estate News StaffMay 16, 2024
IndustryCoStar CEO says competitors are ‘going to adopt our model’Will Homes.com sell buyer agent leads? “Never,” says Andy Florance, who believes all the portals will eventually move to “your listing, your lead.”AJ LaTraceMay 16, 2024
By the NumbersBuilder confidence takes a hit as rates, costs remain highSentiment drops for the first time since November, with persistent inflation and concerns about new federal rules dampening builders’ outlook.Amie FisherMay 15, 2024
By the NumbersHousing Market Decoded: The mortgage rate 'lock-in' effectRates have gone up considerably in the past few years, but is the fear of losing a low-rate mortgage really keeping homeowners from selling?Lisa SturtevantMay 15, 2024
By the NumbersDown payments have doubled in the past 4 yearsThe latest data points to some easing, but payments could hit a new peak later in the year. Regionally, payments are down in areas with rising inventory.Dave GallagherMay 14, 2024
BrokeragesCompass scoops up Tennessee’s top brokerageThe addition of Parks Real Estate and its 1,500 agents now makes Compass the biggest brokerage in the state.AJ LaTraceMay 14, 2024
IndustryRealtor.com CEO takes aim at ‘deceptive’ claimsDamian Eales told Real Estate News that he loves competition but takes issue with Homes.com’s traffic claims and says they have “disparaged” buyer agents.AJ LaTraceMay 14, 2024
MLS/Assn3 top takeaways from NAR’s legislative meetingsMembership numbers defied expectations, while member dues and leadership announcements paint a picture of an association focused on stability.Dave GallagherMay 13, 2024
BrokeragesERA president: To ‘accomplish really big things,’ you need a planAlex Vidal, who took the helm at ERA last June, thinks about real estate like he thinks about his athletic endeavors — you have to work through the challenges.Melanie KalmarMay 12, 2024
IndustryJudge explains the ‘why’ of rulings on settlements, attorney feesIn a 40-page filing, Judge Bough lays out his reasons for rejecting arguments from the May 9 hearing, and said lawyers can collect a third of settlement funds.Dave GallagherMay 11, 2024
IndustryHow to lead when you’re moving out of a leadership roleStepping back from a top position can be tough, but great leaders set up their successors for success. A T3 Sixty talent expert explains how.Stephanie Reid-SimonsMay 11, 2024
BrokeragesBrokerage Beat: News from Real, Portside, KWLargest Fort Worth independent chooses Real; New England's Portside Real Estate acquires boutique Maine firm; KW celebrates annual RED Day.Real Estate News StaffMay 11, 2024
Industry'Unfiltered': Top economist on steering and MLS valueWatch the conversation as Bright MLS chief economist Lisa Sturtevant gets into the data-driven truth behind whether agents seek homes with higher commissions.Real Estate News StaffMay 10, 2024
Brokerages$17.8M settlement took a bite out of Douglas Elliman profitsThe company said despite the hit to its bottom line in Q1, the settlement will reduce uncertainties and let it focus on cost reduction and market expansion.Cheryl Reid-SimonsMay 10, 2024
By the NumbersMortgage rates ease, but buyers still aren't getting a breakAfter five weeks of increases, rates pulled back slightly, but rising home prices and record-high mortgage payments continue to hamper affordability.Cheryl Reid-SimonsMay 9, 2024
IndustryJudge approves commissions settlements for Anywhere, RE/MAX, KWDespite a last-minute motion to delay the hearing, the proceedings went on as scheduled, ending buyer agent commissions litigation for the three brokerages.Dave GallagherMay 9, 2024
BrokeragesCompass beats revenue expectations, adds agentsWhile revenue improved 10%, the company reported steep losses — but CEO Robert Reffkin was more focused on the future of buyer agents during the earnings call.Dave GallagherMay 8, 2024
IndustryJudge denies effort to delay commissions settlement hearingBuy-side plaintiffs who claim the Anywhere, RE/MAX and KW deals go too far will still get their chance to make that argument in court May 9.Dave GallagherMay 8, 2024
IndustryHomebuyers try to halt approval of commissions settlementsAnywhere, RE/MAX and KW deals at risk after new documents reveal a plan to include immunity from buy-side lawsuits, plaintiffs in the Batton case allege.Dave GallagherMay 8, 2024