Falling mortgage rates have yet to translate into pricier home sales

Applications for purchase mortgages dropped last week for the second week in a row as rising home prices continue to shut many would-be homebuyers out of the market. Continue reading

Court revives antitrust claims against NAR in pocket listing suit

Judge says Top Agent Network “adequately alleged” NAR’s Clear Cooperation Policy is a “group boycott.” Meanwhile, NAR signals it may be open to repealing the rule. Continue reading

Housing inventory is roaring back to life. So why aren’t new listings?

Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what’s working in the latest polling from Inman Intel. Continue reading

Homes are sitting on the market longer amid high costs: Redfin

Almost two-thirds of homes that were for sale in June had been listed for at least 30 days without going under contract. That figure is the highest share of any June since 2020. Continue reading

Sequel to NAR ‘Danger Report’ set for 10-year anniversary next year

T3 Sixty plans to release “The Opportunity Report” as a follow up to its “DANGER Report” in early 2025. it says the new document will be comparable in its impactful earlier analysis of the industry. Continue reading

Local Logic and iGo strike a new integration deal

Part of the relationship involves Local Logic providing iGo with a site license for NeighborhoodIntel, a recently released property reporting product that generates insights from more can 250 data points per home. Continue reading

As rules change, your best friend is an entrepreneurial mindset

Entrepreneurship isn’t just good for individual real estate pros, PR and marketing expert Molly McKinley writes. It’s good for organizations and for the industry as a whole. Continue reading

CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M

CoStar Group’s revenue grew 12 percent year over year to $678 million, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of websites increased 73 percent year over year to 148 million monthly average unique visitors. Continue reading