By the NumbersMortgage rates hold relatively steady after inflation reportThe 30-year fixed-rate mortgage averaged 6.69% this week in the Freddie Mac Survey, down just a hair from last week’s 6.71%.Dave GallagherJune 15, 2023
By the NumbersWhy sell when you still have that new-house smell?A Redfin report found that nearly 60% of homeowners with mortgages have lived in their home for 4 years or less, and almost all have low interest rates.Dave GallagherJune 15, 2023
TechTech Bytes: News from MoxiWorks, CubiCasa, moreMoxiWorks adds Local Logic; CubiCasa goes 3D; Restb.ai partners with CVR MLS and UtahRealEstate.com; Chime and DirectOffer added as solution providers.Real Estate News StaffJune 14, 2023
By the NumbersHere’s what Fed Chair Jerome Powell said about real estate todayAfter 10 consecutive rate hikes, the Federal Reserve announced at today's meeting that it would hold rates steady.AJ LaTraceJune 14, 2023
IndustryWhy Zillow thinks its model wins for consumers and agents alikeErrol Samuelson, chief industry development officer for Zillow, discussed the company’s "housing super app," empowering agents, and consumer innovations.AJ LaTraceJune 14, 2023
TechKW’s widely used Command CRM gets a refresh Improvements to the CRM platform and app are intended to give agents a leg up with lead generation, marketing and workflow.Dave GallagherJune 13, 2023
By the NumbersInflation is slowing, which could soften interest ratesInflation rose only slightly in May to an annual rate of 4%, down significantly from its peak of more than 9% last summer.Dave GallagherJune 13, 2023
By the NumbersLow inventory fueling a hot market, for the few who are in itHome values are up, and so are bidding wars, according to the latest Zillow market data.Dave GallagherJune 13, 2023
MLS/AssnMLS collaboration can create a more 'seamless marketplace'Joint ventures and continuing consolidation may help MLSs better serve both subscribers and consumers.Robert DavisJune 13, 2023
By the NumbersThere are fewer millionaires — but don’t blame it on real estateA World Wealth Report found that the number of millionaires fell by 800,000 in one year, but real estate has been a fairly resilient asset. AJ LaTraceJune 12, 2023
BrokeragesOKC brokerage leverages its reputation to lure two teamsRob Allen, CEO of Sage Sotheby's Realty, says a slower market has agents wondering if they're at the right brokerage — but he doesn't sign just anyone.Cheryl Reid-SimonsJune 12, 2023
AgentsCoaching can offer a boost to agents in a changing marketIt's never too late to invest in coaching — even if you've been in the business for decades. And in tough times, it can be a boon.Mary BooneUpdated September 8, 2023
Brokerages50-year industry veteran knows how to weather tough timesJim Fite, president of the brokerage his father founded in 1937, has led his company through 7 recessions and shares advice on how to make it to the other side.Mary BooneJune 10, 2023
AgentsHow to target buyers and sellers — and turn them into clientsSeek genuine connections, coaches say, and embrace the four P’s: parents, passions, partnerships and passages (from one life stage to the next). Cheryl Reid-SimonsJune 10, 2023
By the NumbersHomebuyers are gonna need a pep talk — here’s whyMost consumers think it's a bad time to buy, and many expect rates to rise — but nearly a fifth of adults still plan to buy a home in the next 12 months.Dave GallagherJune 10, 2023
By the NumbersAffordable starter homes may be going 'extinct'Renters in many markets can no longer afford to make the leap to homeownership, but an increase in build-to-rent inventory could help ease pressure.Robert DavisJune 9, 2023
IndustryA hazy future for homeowners insurance in CaliforniaTwo of the state's top providers will no longer accept new applications, setting a grim precedent and adding another challenge for buyers.AJ LaTraceJune 9, 2023
IndustryReal Estate News columnists bring home top industry awardsLeading economist Dr. Paul Bishop and respected broker J. Philip Faranda were honored by the National Association of Real Estate Editors at their annual event.Stephanie Reid-SimonsJune 9, 2023
TechZillow unveils its latest ShowingTime+ agent productAn enhanced, feature-rich Appointment Center offers several new efficiency-oriented tools for agent users.Dave GallagherJune 8, 2023
By the NumbersMortgage rates finally inch down, but buyers aren’t pouncingThe 30-year fixed-rate mortgage averaged 6.71% this week, the first drop in nearly a month.Dave GallagherJune 8, 2023