It’s getting harder to make money on a home sale: ATTOM

A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent. Continue reading

Keller Williams scoops up high-performing Arizona indie

Chandler-based Infinity & Associates Real Estate did more than a quarter of a billion in volume in each of the last two years, according to Keller Williams. Continue reading

Compass nabs upstate New York team from Keller Williams

Upstate Curious includes 15 agents, operates across 11 counties and is known for its successful Instagram presence. Continue reading

Compass scoops up 300-agent indie brokerage in Arizona

The acquisition of Launch Real Estate expands Compass’ footprint at a pivotal time for the company and the industry. Continue reading

Can a mega-mansion in Paradise Valley bring in a record $75M?

The state’s priciest-ever deal sold for $28.1 million in Scottsdale in June 2022, but with the lure of features like a metaverse room, a spa that generates snow and a lazy river, developers in Paradise Valley think they can get $75 million for an estat… Continue reading

Windermere debuts zavvie-powered comparison tool for sellers

Windermere Offers will allow people working with the brokerage’s agents to compare various options for selling their homes. Continue reading

‘Great Reshuffling’ could impact elections in Arizona, Nevada: Redfin

Redfin data shows that Arizona and Nevada were the second and third most popular states respectively for people moving away from California in 2020. Continue reading

Amid COVID, Americans relocated to battleground states in droves

As midterm elections approach, Zillow crunched housing data and found that enough Americans relocated to key counties in red and purple states in 2021 to potentially shift political leanings. Continue reading

Two top-producing teams merge with Adam Hergenrother’s Livian

BTG and the Neilsen Team will collectively add more than 70 agents to Livian’s ranks. The mergers come during a period of intense competition for talent. Continue reading

Homie CEO resigns as flat-fee brokerage lays off more workers

The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences “turmoil.” Continue reading