By the NumbersIt’s a good time to be selling (and buying) new homesNew home sales are up 20% year-over-year, according to the U.S. Census Bureau, and lower median prices could help first-time buyers.Dave GallagherJune 27, 2023
By the NumbersHome prices are on the reboundThe latest Case-Shiller Index found that after falling in the second half of 2022, home prices have been trending up since January.Dave GallagherJune 27, 2023
TechWant more pizzazz in your listing? Zillow's latest tool aims to deliverListing Showcase, a ShowingTime+ product, is designed to provide a more "immersive" experience for buyers and give listings agents an edge.Dave GallagherJune 27, 2023
TechNew platform allows agents to add hyperlocal data to websitesNeighborhood Navigator, created by property data company ATTOM, gives real estate professionals a new way to provide clients with detailed community info.Dave GallagherJune 26, 2023
Agents'Collaboration over competition' fuels Chicago broker collectiveThe Collaborative Edge is a group of five brokers who manage their own client relationships but share time and resources to help one another succeed.AJ LaTraceJune 26, 2023
By the NumbersCalifornia 'engineered' its housing crisis — now it's trying to fix itState Senator Scott Wiener blames California's housing woes on decades of "terrible policy decisions," but he says legislation can help turn things around.Dave GallagherJune 25, 2023
AgentsWinning business without the sales pitchSome agents aren't natural salespeople, but tapping into your interests and a desire to make authentic connections can be a highly effective way to gain leads. Mary BooneJune 24, 2023
BrokeragesBrokerage Beat: Real, Windermere, Sotheby's add SoCal strengthTwo top teams get Real; Windermere acquires HK Lane; SIR picks up Pritchett-Rapf; McEnearney Associates and Middleburg Real Estate/Atoka Properties merge.Real Estate News StaffJune 24, 2023
By the NumbersHomeownership, affordability gaps persist as prices remain highHarvard's annual housing report found little change in the racial homeownership gap as prices rise and supply stagnates, but federal programs may help.Dave GallagherJune 23, 2023
IndustryPride month: Why it matters in real estateSupport for the LGBTQ+ community can take many forms, from a rainbow flag in a window — a "beacon of safety" — to providing resources for LGBTQ+ clients.Nicole BrodeurJune 23, 2023
By the NumbersExisting home sales and inventory tick up slightly as prices softenNumbers are still far below where they were a year ago, and inventory gains are largely due to the "abundant" supply of newly constructed homes.AJ LaTraceJune 22, 2023
By the NumbersLittle movement in mortgage rates signals a slow summerRates dipped only slightly this week in Freddie Mac's survey, inching down from 6.69% to 6.67%.Dave GallagherUpdated July 5, 2023
Industry‘Agents are core’: Zillow's push to win over agents, innovate through techErrol Samuelson, chief industry development officer, explains how Zillow plans to stay on top in a growing crowd of real estate portals and agent services.AJ LaTraceJune 22, 2023
By the NumbersRevised forecast a sign that spring was more showers than flowersRealtor.com previously predicted home prices would rise 5.4% by the end of 2023 but now expects a 0.6% decline.Dave GallagherJune 22, 2023
MLS/AssnNAR CEO to retire in 2024; search for replacement underwayBob Goldberg announced that he will leave the role with the National Association of Realtors when his current contract ends on Dec. 31, 2024.Stephanie Reid-SimonsUpdated June 28, 2023
AgentsAgents Decoded: Is it time to switch brokerages?Your choice of brokerage can have a big impact on your career. There are plenty of good reasons (and some not-so-good ones) to consider making a change.Jay ThompsonJune 21, 2023
By the NumbersNearly 1 million new homes are in the pipelineSingle-family housing starts hit an annualized rate of 997,000 in May, up significantly from earlier this spring but still down year-over-year.Dave GallagherJune 20, 2023
AgentsLose the white paint — the mood of the day is grayThe latest paint color analysis from Zillow finds that buyers are willing to pay more for a home with dark gray and earth-tone walls.Dave GallagherJune 20, 2023
BrokeragesGetting your brokerage ready for a new world of buyer agencyIn light of ongoing lawsuits, brokers need to prepare their buyer agents to communicate their value and respond to objections around agreements and fees.AJ LaTraceJune 19, 2023
By the NumbersHomeownership on the rise for lower-income householdsThe percentage of below-median income households that own a home has climbed significantly, hitting 53% in the first quarter of 2023.Dave GallagherJune 17, 2023