Share of renters paying under $1,000 hits record low, Redfin says

Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading

Commissions held steady after Aug. 17, Redfin study shows

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer’s agent commissions have seen little impact. Continue reading

Pacific Sotheby’s International Realty now powered by Rechat

Rechat markets itself as an “experience management platform” for its library of tools that assist agents from lead initiation through deal completion — the entire transaction experience. Continue reading

Real estate and tech vets launch women-led coaching platform

Former Compass Regional President Danielle Wilkie and long-time coach Heather Frick have launched The Helm coaching platform to elevate women in real estate. Continue reading

Kris Lindahl Real Estate featured in ‘Call of Duty’ ad campaign

Twin Cities broker-owner Kris Lindahl has been making headlines with a one-of-a-kind collaboration for Call of Duty’s latest game. Here’s how solid branding — and intellectual property protections — made the deal happen. Continue reading

Matthew Perry’s LA home sells for $8.55M in off-market deal

The property has been acquired by Arizona real estate developer Anita Verma-Lallian, who completed the purchase through a trust. The transaction was facilitated by Brooke Elliott Laurinkus from Christie’s International Real Estate Southern California.
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US home prices rise modestly amid affordability strains

CoreLogic Chief Economist Dr. Selma Hepp told Inman, “despite much-needed optimism, brought by a sharp decline in mortgage rates in August, the boost was short lived and not enough to renew homebuyers’ interest.” Continue reading

Compass releases ‘reverse prospecting’ marketing tool

The marketing tool provides insights and data on likely buyers who have engaged with properties listed by Compass agents. It may also help Compass’ ongoing push against Clear Cooperation. Continue reading

Authorities arrest missing San Antonio agent’s husband

Real estate agent Suzanne Simpson has been missing since Oct. 7. Olmos Park authorities have arrested her husband, Brad, for obstructing a search of the couple’s home last week. Continue reading

AppFolio acquires LiveEasy for ‘next-gen’ renter experience

AppFolio, which states its has more than 20,000 property management customers, acquired home management and services concierge LiveEasy as part of its new approach to providing for renters. Continue reading