Zillow to prohibit listings that are privately marketed

Zillow said the company’s new standards, which eXp Realty also committed to, show how it’s implementing Clear Cooperation on its platform. Those that do not meet the standards won’t be published on Zillow “for the life of the listing.” Continue reading

Buying vs. renting: The income gap is widening, Redfin says

The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading

Buyer scoops up ‘Full House’ home with stars’ signatures for $6M

The sale marks the first time the home has changed hands since 2020, when it was purchased for $5.35 million by “Full House” creator Jeff Franklin. Continue reading

Record down payments reveal a divided housing market

According to a new report from Realtor.com, the national average down payment hit 14.4 percent and $30,250 in the fourth quarter. Continue reading

Build-to-rent homes hit record high in 2024 with no signs of slowing

In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading

Condos are selling below list price as fees discourage buyers

According to a new Redfin report, an overwhelming 68.4 percent of condos sold below their asking price — the highest share in five years. That’s a jump from 63.3 percent last year, signaling a cooling condo market. Continue reading

Boomers claim top homebuyers spot, leaving millennials behind

In a surprising shift, baby boomers have now surpassed millennials as the largest group of homebuyers, according to a new report released by the National Association of Realtors (NAR). Continue reading

Bay Area, NYC buyers drive bidding wars as market shifts loom

A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide. Continue reading

Zeckendorfs accused of ‘brazen fraud’ in $80M penthouse sale

According to the complaint, developers and brothers Arthur and William Lie Zeckendorf of Zeckendorf Development, LLC allegedly rushed to close the deal before news broke about a planned 37-story skyscraper next door that would erase the penthouse’s pre… Continue reading

Compass Florida opens new office in Naples, welcomes Karen Stabile

Compass Florida is expanding its reach even further into Southwest Florida’s luxury real estate market with the opening of a brand new office in the heart of downtown Naples, the brokerage announced Wednesday. The Stabile Group, led by real estate expe… Continue reading