Author Archives: Marian McPherson

Back-to-back storms tank pending home sales in Florida

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Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading →

2025 leadership team takes over at California Association of Realtors

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The California Association of Realtors has installed its 2025 team, including a new president, president-elect and treasurer. The leaders will work alongside CAR CEO Phil Hawkins for the next year. Continue reading →

CoStar loses National Advertising Division challenge against Move

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The National Advertising Division on Friday denied CoStar’s challenge to Realtor.com’s “No. 1 site real estate professionals trust” tagline. CoStar said it’s based on outdated data. NAD disagreed. Continue reading →

Revenue grows and losses widen for Redfin in Q3

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Seattle-based brokerage and portal Redfin’s third-quarter revenue grew 3 percent year over year to $278 million. However, the company’s net losses ballooned 77.8 percent, according to Thursday’s earnings. Continue reading →

Uncertainty, volatility ahead for housing market under Trump

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Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say. Continue reading →

Anywhere unfazed by 3% revenue decline as luxury segment thrives

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Revenue, closed transaction volume and net income fell in Q3, earnings data on Thursday shows. But a strong luxury push and October uptick in buyer activity have set the stage for a robust Q4. Continue reading →

Realtor.com CEO pleads with US leaders to save homeownership

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Realtor.com launched the latest chapter of its eight-month buyer agency campaign on Tuesday with a passionate open letter from CEO Damian Eales. In the letter, Eales urged local, state and federal legislators to use their upcoming terms to meaningfully… Continue reading →

Housing affordability a main issue for early voters: Redfin

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Thirty-eight percent of early voters said housing affordability influenced their presidential vote. Harris voters (43 percent) were more likely to care about housing than Trump voters (29 percent), Redfin said. Continue reading →

CoStar moves one step closer to securing Arlington HQ

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CoStar Group inked a deal with a longtime tenant of its new Arlington HQ, which leased 13 of the building’s 31 floors. The tenant agreed to downsize to two floors, giving CoStar enough space for the 500 employees moving to the new HQ. Continue reading →

Zillow: No-commingling rule should be repealed, not Clear Cooperation

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Zillow Chief Industry Development Officer Errol Samuelson discussed NAR’s no-commingling rule and Clear Cooperation — and how the fight to save the latter is key to preserving consumer choice. Continue reading →