Want to get more for your sellers? List in late May

Despite a slow start to the year, Zillow’s latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600. Continue reading

Opendoor saw rising losses in Q4, but managed to boost revenue

The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as “a leaner, more efficient business.” Continue reading

Mortgage rates seen as staying higher for longer as Fed pauses

Economists and bond market investors have been surprised by the continued strength of the economy, and are wary of the potential for tariffs, tax cuts and deportations to reignite inflation. Continue reading

Homebuyers gain leverage as sellers cut prices: Zillow

Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading

Luxury sales surge near Mar-a-Lago as Trump settles into 2nd term

Luxury home sales have taken off since Donald Trump’s re-election, and Palm Beach, Florida, home to his Mar-a-Lago resort, is at the center of the boom, Mansion Global reported Thursday. Continue reading

Pending home sales decline 5.5% following months of growth

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors. Continue reading

Fed pauses rate cuts, continues mortgage ‘quantitative tightening’

Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.” Continue reading

71% of real estate agents didn’t close any deals last year

At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors. Continue reading

New listings rise while high rates tamp down homebuyer demand

New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say. Continue reading

Homebuyer interest surges on slight pullback in mortgage rates

Applications for purchase loans jumped 12 percent week over week and 52 percent from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Continue reading