Move Inc. sees 13% revenue decline as Realtor.com traffic improves

The Realtor.com parent company saw revenue declined 13 percent to $127 million in the fiscal second quarter. Mobile and website annual traffic growth remained flat — an improvement from Q1’s 12 percent loss. News Corp CEO Robert Thomson said he’s hopef… Continue reading

ERA Real Estate expands presence in NOLA with veteran-owned firm

Slidell-based firm Top Agent Realty is now part of ERA Real Estate. Military veteran Stephen Molero purchased the firm in 2013 and serves consumers throughout Southeastern Louisiana and the Mississippi Gulf Coast. Continue reading

Mortgage rates lead to biggest pending sales drop since October

Rising interest rates and harsh winter weather have dampened homebuyer activity, leading to the biggest drop in pending sales since October. However, there’s optimism for a rebound as spring approaches, fueled by increasing home tours and new listings. Continue reading

A softer rental market isn’t enough to help hopeful homebuyers

The rental market is stabilizing with fewer landlords planning rent increases, according to Realtor.com’s latest survey. But the rent slowdown won’t significantly ease financial burdens for renters who are struggling to save for a down payment or quali… Continue reading

Hawaii legislator floats bill banning foreign buyers from island

Hawaii State Senator Brenton Awa has presented a bill aimed at banning foreign buyers from purchasing or investing in property on the island. The senator said the bill, if passed, would be an important to improving affordability for residents. Continue reading

Realty ONE Group, RE/MAX, Keller Williams rank on Franchise500 list

Eight brokerages were honored on “Entrepreneur” magazine’s Franchise500 list. Continue reading

Prank? Protest? Graffitied LA high-rise sparks housing crisis debate

A group of graffiti artists tagged Oceanside Plaza, an unfinished downtown LA luxury high-rise located near the site of the 2024 Grammy Awards. The artists haven’t spoken about their motives, but the art has brought attention to the shortage of afforda… Continue reading

How love and politics are impacting homebuyers’ decisions

Although affordability is still the No. 1 factor in most homebuyers’ moves, two surveys from Zillow and Redfin revealed politics and romance also play a role. Continue reading

Federal judges side with plaintiffs in Chinese buyer ban hearing

Two of the four plaintiffs who filed a lawsuit in November against Florida’s foreign buyer ban have been awarded a temporary injunction that allows them to resume stalled transactions. The next step in toppling SB264 is an appeal hearing in April. Continue reading

Sluggish net new listings signal that the lock-in effect is not over

In January, the real estate market saw a 17.5 percent decline in net new listings and a 2 percent decrease in contract signings, driven by mortgage rate fluctuations, according to HouseCanary. Despite a rise in total inventory compared to 2022 and 2023… Continue reading