By the NumbersA fall reprieve unlikely as mortgage rates inch upWith inflation proving tough to tame, 7% mortgages may be the norm for a while.Dave GallagherSeptember 14, 2023
By the NumbersWhat’s turning homeowners into sellers? Getting back to the officeA new Redfin survey found that a significant number of people who moved during the pandemic may need to move back, even if they lose money.Dave GallagherSeptember 13, 2023
By the NumbersWhat do today’s inflation numbers mean for mortgage rates?Some called the latest report “disappointing,” but economists still expect a downward trend in the months ahead.Dave GallagherSeptember 13, 2023
IndustryIndustry Decoded: Why conferences are more valuable than everT3 Sixty CEO Jack Miller understands that budgets are tight, but investing in a conference is an investment in your business — if you're committed to learning.Jack MillerSeptember 13, 2023
TechNew tool aims to help agents win leads, sell listingsRealtor.com's newly launched Listing Toolkit is designed to get listing agents in front of more sellers and uplevel their listing presentations.Dave GallagherSeptember 13, 2023
By the NumbersSome good news for homebuyers: Listings are upA Zillow report found that new listings rose by 4% in August, an atypical late-summer boost that may offer buyers a few fresh options.AJ LaTraceSeptember 12, 2023
TechBright MLS teams up with Collabra for digital marketingThe MLS's 100,000+ subscribers will gain access to integrated advertising and social media tools to boost their online presence.Cheryl Reid-SimonsSeptember 12, 2023
BrokerageseXp lands billion-dollar brokerage in New EnglandBean Group, which serves Maine, New Hampshire, Massachusetts and Vermont, has joined eXp thanks to new incentives aimed at recruiting large teams.AJ LaTraceSeptember 12, 2023
MLS/AssnMLS PIN settlement approved by judge after initial concernsThe $3 million settlement in the buyer-broker commissions lawsuit will now move forward following updates to the terms of the agreement.Dave GallagherSeptember 12, 2023
By the NumbersHome price growth picked up this summerCoreLogic found home prices in July were 2.5% higher than a year ago, up from 1.6% appreciation in the spring.Dave GallagherSeptember 12, 2023
BrokerageseXp aims to ‘accelerate’ rev share for new agentsThe company has retooled its revenue share program to make it easier for newer agents to benefit from it — and to help its recruiting efforts. AJ LaTraceSeptember 11, 2023
IndustryPeople on the Move: LeadingRE, Addressable, Women's Council add women to C-suiteIndie brokerage network LeadingRE has a new COO, chief legal officer; marketing platform Addressable taps Opendoor exec as COO; Women's Council names new CEO.Real Estate News StaffUpdated September 11, 2023
TechTech Bytes: News from FMLS, Revive, CubiCasa, moreFMLS partners with CoreLogic, Restb.ai; Revive launches AI renovation tool; RE/MAX adds CubiCasa; plus, NAR iOi pitch battle winners and more.Real Estate News StaffSeptember 11, 2023
AgentsBuy Side: Changes to commissions 'would hurt buyer's agents for sure'Monika Kaszycka says buyer’s agents already work hard, and they’ll have to prove their value even more if buyers have to pay them upfront.Cheryl Reid-SimonsSeptember 10, 2023
IndustryPersonal and cyber safety are connected — here's how to protect yourselfIt's critical to understand the many types of threats facing real estate professionals and the strategies to avoid becoming a victim.Robert SicilianoSeptember 9, 2023
By the NumbersAnother sign of a market rebound? Home equity is back upOn average, U.S. homeowners gained nearly $14,000 in equity since the beginning of the year, though equity is down slightly from last year's peak.AJ LaTraceSeptember 8, 2023
IndustryIt’s ‘game-on again’ for home search portals, says ex-Zillow CEOAn ambitious challenge from Homes.com for consumer market share and agent dollars has reignited the portal competition, says former Zillow CEO Spencer Rascoff.AJ LaTraceSeptember 8, 2023
BrokeragesBrokerage Beat: News from The Agency, RE/MAX, EXIT, eXp, E&VThe Agency drafts former NFL stars, adds to development group; RE/MAX firm acquires large team; EXIT expands in the South; NY team joins eXp; E&V enters Belize.Real Estate News StaffSeptember 8, 2023
By the NumbersFrom ‘frenzy’ to ‘fatigue’ as mortgage rates, applications dipThe average rate on a 30-year loan settled at 7.12% this week, but a decline in mortgage applications suggests that “consumers are weary.”Amie FisherSeptember 7, 2023
IndustryAre more settlements coming in the commission lawsuits?As the industry digests Anywhere’s decision to settle the Moehrl and Sitzer/Burnett cases, more such deals, and policy changes, emerge as likely outcomes.Dave GallagherSeptember 7, 2023