Compass CEO: Buyers will deal with higher rates. Sellers? Not so much

During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating bust. Continue reading

LGBTQ+ Real Estate Alliance takes ‘Article 10 Rule’ campaign to Texas

In the wake of increasing anti-LGBTQ+ legislation in Texas, the LGBTQ+ Real Estate Alliance has called Texas Realtors and TREPAC to evaluate political candidates’ credibility. Continue reading

Economic anxiety accelerated Q1 multifamily rent growth slump

Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5 percent annually, according to a new CoStar analysis. Continue reading

Renters of color spend 43% more on initial rental costs

Zillow’s latest market report reveals Black, Latinx and Asian American Pacific Islander renters spent $15 more per application than their white counterparts. Renters of color also face higher denial rates, with the typical Black and Latinx renter apply… Continue reading

75% of agents say they won’t switch brokerages over next 2 years

From 2019 to 2023, the number of agents who left a brokerage due to a weak culture doubled to 30 percent, according to a recent Coldwell Banker survey. Continue reading

When pigs fly: A $5M California home gets rare approval from Zillow Gone Wild

Many real estate agents have come to fear an appearance on Zillow Gone Wild, a social media juggernaut that has captured the attention of millions of followers who gawk at the baffling architecture, zany landscaping and bizarre decor of Zillow’s most u… Continue reading

Home staging dips in popularity as fewer agents make the effort: NAR

The National Association of Realtors’ 2023 Profile of Home Staging reveals a quarter of all staging efforts yield additional profits of up to $18,935 for a median-priced home. Continue reading

Keller Williams, NextHome clinch ‘Most Innovative Companies’ list

Released Wednesday, Fortune’s “America’s Most Innovative Companies” list features four real estate companies. California-based NextHome led the pack with a product innovation score of 257. Continue reading

Homebuyers and sellers played chicken as sales slowed in March

Realtor.com’s latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity. Continue reading