How to skirt the bidding war: Agents share their strategies

In today’s competitive market, houses in all price ranges are drawing multiple offers, leaving many buyers in the lurch and exhausting agents. Here, pros share with Inman how they’re getting by and what they see as the path forward. Continue reading

Realtor.com announces new chief revenue, growth hires

Bryan Ellis will take over as chief revenue officer, while Arthur Chapin will join the company for the newly created role of chief growth officer. Ellis has experience at Angie’s List and Tesla while Chapin joins the company from Expedia. Continue reading

Compass snags 2 teams with 45 joint agents, expands into Virginia

Compass is expanding into Richmond, Virginia, with two teams for a total of 45 agents and a combined 2021 sales volume of $227 million. This will be the largest market Compass has entered into in 2022. Continue reading

January home prices see 4th-largest year-over-year gain in 35 years

The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index. Continue reading

Douglas Elliman taps Norma-Jean Callahan to lead new development projects

Callahan will leave her role as senior sales director at Corcoran Sunshine and work out of Douglas Elliman’s Palm Beach and Manhattan offices to continue her specialization in new developments.
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Pending home sales dip for 4th consecutive month

Pending home sales decreased 4.1 percent in February from the previous month and were down 5.4 percent from the same period last year, according to the National Association of Realtors Pending Home Sales Index. Continue reading

End in sight for inventory crisis? Yes, but experts can’t agree on when

While 38 percent of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36 percent pegged 2023 as the year. The remainder believe we’ll have to wait until 2025. Continue reading