Buyers turn to the resale market as builders abandon price cuts

Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Continue reading

Industry vets debut playbook to provide ‘non-Realtor MLS Access’

Russ Cofano and Amit Kulkarni of Alloy Advisors are among a group that has created the “Playbook for MLS Access in the Post NAR Policy Era.” Continue reading

Zillow’s listing ban hangs in the balance after 4-day hearing

Zillow and Compass endured a four-day hearing this week over the portal’s listing access standards. A judge will now determine if Zillow can enforce these standards while Compass’s lawsuit continues. Continue reading

Revive amps up AI capabilities in bet on renovation market

Revive’s model focuses on assisting listing agents and their clients with pre-sale renovations meant to increase market visibility and generate a return upon sale. The company coordinates with vendors, helps sellers understand the process and provides … Continue reading

Amit Kulkarni, Russ Cofano launch strategy firm Alloy Advisors

Longtime real estate executives Amit Kulkarni and Russ Cofano have launched a new strategy firm, Alloy Advisors. Their offerings range from product development to legal planning. Continue reading

BrightMLS and proptech startup Ocusell launch joint venture

BrightMLS and Ocusell have launched a joint venture to co-develop and license their existing technology solutions, including Ocusell List+ and Bright Listing Manager. Continue reading

This spring, East Coast agents see signs of emerging buyer’s market

Inventory is up and rates are down as fewer buyers face stiff competition and successfully find homes in less than a month, according to new data shared by BrightMLS. Continue reading

What’s next under President-elect Trump’s 2nd term? The economy

Inflation and sticky mortgage rates undercut the housing market in 2024. President Trump has vowed to force both metrics down — but conflicting economic policies may make that goal difficult. Continue reading

Nestfully adds 2 prominent Florida MLSs to its search portal

The consumer-facing search experience was devised and is run by California Regional MLS (CRMLS), Bright MLS and REcolorado. It was released in the first quarter of 2023 and designed as an ad-free bridge between consumers and listing data. Continue reading

Brokers fear losing commissions, agents if lawsuits succeed: Survey

Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in two key lawsuits, a survey on commissions conducted by Intel shows. Continue reading