Rising rates and home prices stifle January market: Redfin

The Federal Reserve’s policy shift depressed homebuyer and homeseller activity in January, according to Redfin. Monthly new and active listing growth dropped to the lowest levels since last summer. Continue reading

Goodbye, DC. Hello, Arlington: CoStar Group inks deal for new HQ

CoStar Group is trading its Washington, D.C., digs for a new HQ in Arlington, Virginia. The company will move to the new building in 2025, creating 150 jobs in the process. Continue reading

3 multimillion-dollar mansions are at risk of sliding into the Pacific

Three mansions worth $12 million to $16 million in California are at risk of falling into the ocean after a post-storm landslide eroded cliffs in Dana Point. The story has sparked conversations about climate change and rising home insurance costs in th… Continue reading

Anywhere Real Estate appoints new chief technology officer

Former Capital One executive Rudy Wolfs is Anywhere’s new chief technology officer. As CTO, Wolfs will lead the franchisor’s tech and product strategy, which includes recruiting more tech talent and streamlining the company’s suite of products for brok… Continue reading

Move Inc. sees 13% revenue decline as Realtor.com traffic improves

The Realtor.com parent company saw revenue declined 13 percent to $127 million in the fiscal second quarter. Mobile and website annual traffic growth remained flat — an improvement from Q1’s 12 percent loss. News Corp CEO Robert Thomson said he’s hopef… Continue reading

ERA Real Estate expands presence in NOLA with veteran-owned firm

Slidell-based firm Top Agent Realty is now part of ERA Real Estate. Military veteran Stephen Molero purchased the firm in 2013 and serves consumers throughout Southeastern Louisiana and the Mississippi Gulf Coast. Continue reading

Mortgage rates lead to biggest pending sales drop since October

Rising interest rates and harsh winter weather have dampened homebuyer activity, leading to the biggest drop in pending sales since October. However, there’s optimism for a rebound as spring approaches, fueled by increasing home tours and new listings. Continue reading

A softer rental market isn’t enough to help hopeful homebuyers

The rental market is stabilizing with fewer landlords planning rent increases, according to Realtor.com’s latest survey. But the rent slowdown won’t significantly ease financial burdens for renters who are struggling to save for a down payment or quali… Continue reading

Hawaii legislator floats bill banning foreign buyers from island

Hawaii State Senator Brenton Awa has presented a bill aimed at banning foreign buyers from purchasing or investing in property on the island. The senator said the bill, if passed, would be an important to improving affordability for residents. Continue reading

Realty ONE Group, RE/MAX, Keller Williams rank on Franchise500 list

Eight brokerages were honored on “Entrepreneur” magazine’s Franchise500 list. Continue reading