As it geared up to fight for rules that were favorable to its private listings strategy, Compass set out to understand where hundreds of MLSs stood — and to create a 1-to-5 ranking system. Continue reading
New data shows that pending sales were down in October. The West was especially hard hit, though one region eked out a strong performance. Continue reading
“Maybe it’s time.” In the wake of a recent change by the National Association of Realtors, more multiple listing services may explore ways to provide access to non-Realtors. Continue reading
The latest numbers from the Case-Shiller Index show weak price growth in September. One expert even warned of “outright decline” in some markets. Continue reading
In the current market, the way listings reach consumers matters more than ever, Amit Kulkarni writes. Buyers need greater visibility, but the industry is shifting toward less of it. Continue reading
Favorable mortgage rates outweighed political uncertainty in October, according to the National Association of Realtors’ latest report. Existing-home sales increased 1.2 percent month over month and 1.7 percent year over year to a seasonally adjusted a… Continue reading
Favorable mortgage rates outweighed political uncertainty in October, according to the National Association of Realtors’ latest report. Existing-home sales increased 1.2 percent month over month and 1.7 percent year over year to a seasonally adjusted a… Continue reading
The National Association of Realtors’ monthly report showed that homebuyers are still a bit crippled by economic uncertainty, and recent mortgage rate drops have mostly only spurred refinance activity. Continue reading
Home price growth continued to slow in August as buyers expressed trepidation over the economy, despite a healthy supply of inventory and lower mortgage rates, the FHFA and S&P Dow Jones Indices reported. Continue reading
There were strong reactions this week to Zillow’s integration with ChatGPT, with some leaders claiming the portal had violated IDX licensing rules. But Zillow maintains it did its due diligence and is not handing over MLS data to OpenAI. Continue reading