‘Love letter’ ban to see day in court thanks to First Amendment group

A first-in-the-nation Oregon law restricting love letters between buyers and sellers, set to begin in January, is being challenged in court by the conservative-leaning Pacific Legal Foundation. Continue reading

3 agents per home: Is Daytona Beach the canary in the coal mine?

In September, approximately 2,200 agents licensed in the Florida beachside community of 70,000 were vying for just 674 listings. Is this the fate in store for the rest of the country? Continue reading

How one indie broker lured more than 20 agents from Compass

Last year, Dudum Real Estate Group made headlines when it hired nearly two dozen agents from Compass. Its broker-owner Julie Del Santo discusses how it came together. Continue reading

Clients may peek online, but 9 in 10 still turn to an agent: survey

A recent survey of thousands of buyers and sellers found they overwhelmingly work with agents, even as their attitudes have shifted. Continue reading

Recent pullback in mortgage rates lifts outlook for home demand

A monthlong upswing in mortgage rates came to a halt in the past two weeks, with rates for 30-year loans retreating back below 3 percent. Continue reading

Unexpected repairs leave many homebuyers with regret: survey

One in three homeowners in a recent HomeAdvisor survey say they regretted their purchase after paying for repairs left unfixed by the seller. Continue reading

Zillow offloads 2,000 homes to New York City investment firm: Report

Pretium Partners has agreed to buy some of Zillow’s homes as the listings portal exits the iBuyer business, The Wall Street Journal reports. Continue reading

Zillow raced to catch up with Opendoor in a secret initiative called ‘Project Ketchup’: Report

Zillow may have damaged relationships with repair contractors in its race to gain market share from rival iBuyers, Business Insider reports. Continue reading

America’s priciest enclaves: The big risers and fallers in 2021

The most exclusive communities in the U.S. got even tougher to buy into in 2021, as home prices soared in the nation’s priciest ZIP codes, according to real estate data firm PropertyShark. Continue reading

Rise in mortgage rates sees hiccup — but don’t expect it to last

The dip in mortgage rates this week was small compared to the rise recorded over the last month. Economists say they expect more increases. Continue reading