Tag Archives: Industry News

NAR’s membership is now shrinking for the 1st time in years

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The organization’s membership was down 0.66 percent in April compared to a year earlier. NAR thinks the numbers may fall even further. Continue reading →

Zillow appoints new CFO amid push to build ‘housing super app’

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Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow’s acquisition of ShowingTime, the company said. Continue reading →

Sam Zell, billionaire real estate investor, dies at 81

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The founder and chairman of Equity Residential had interests spanning real estate, manufacturing, healthcare and media, among other sectors. Continue reading →

Builder confidence rises as low inventory hikes new-home demand

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New homes now represent a third of all homes on the market. That’s 2.5 times higher than the historical average for the two decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI. Continue reading →

Maxwell’s LenderSelect deal grows footprint with community banks

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The deal to acquire LenderSelect from Blue Ridge Bankshares will also enable “significant expansion” of the secondary market trading platform, Maxwell Capital. Continue reading →

Realtor.com chief brushes off major Q1 drop in traffic

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David Doctorow attributed Realtor.com’s reduced traffic to a slower market and argued that his company’s sites have superior engagement than competitors. Continue reading →