Author Archives: Marian McPherson

1,500-agent Tennessee real estate brokerage joins Compass

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Forty-nine-year-old Nashville firm Parks Real Estate has merged with Compass. The firm has 15 offices across the state and closed $6.25 billion in sales in 2023. Continue reading →

Keller Williams hosts its 16th annual RED Day giveback initiative

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Keller Williams hosted its latest RED Day, which challenges its 176,000 agents to give back to their communities. This year’s day yielded “thousands” of projects. Continue reading →

Report reveals struggle LGBTQ+ buyers face after retirement

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An LGBTQ+ Real Estate Alliance survey has revealed the challenges of retirement for LGBTQ homeowners, who worry about safety and acceptance more than their straight counterparts. Continue reading →

Redfin CEO trying not to ‘count chickens’ after solid Q1 earnings

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A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish. Continue reading →

Realtor.com revenue drops 6% as traffic growth remains flat

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Realtor.com parent company Move Inc. saw its fiscal third-quarter revenue decrease 6 percent yearly to $132 million as traffic to the site stalls at 72 million average monthly unique visitors. Continue reading →

Low-income buyers’ mortgage applications drop to 2018 levels

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Households with a median income of $64,000 or less lost their buying gains in 2023, according to Redfin. The share of new mortgages issued to this group dropped 11 percent from 2020 to 2023. Continue reading →

Redfin rides momentum to Q1 revenue bump, beats expectations

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Seattle-based Redfin’s revenue increased 5 percent year over year to $225.5 million — beating revenue projections of $218.1 million. Still, the company is struggling to control its net losses, which grew nearly 10 percent from 2023. Continue reading →

Florida is king for short-term rental investors: Study

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Enviable weather, ocean views and a lengthy list of landmark tourist destinations have made Florida a treasure chest for short-term rental investors. A Clever Real Estate market analysis published on Tuesday revealed strong property values, robust popu… Continue reading →

Florida is king for short-term rental investors: Study

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Comments Off on Florida is king for short-term rental investors: Study

Enviable weather, ocean views and a lengthy list of landmark tourist destinations have made Florida a treasure chest for short-term rental investors. A Clever Real Estate market analysis published on Tuesday revealed strong property values, robust popu… Continue reading →