Tailwinds pull October existing-home sales up 1.2%

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

October brought the strongest buyer’s market in 12 years: Redfin

The number of homesellers exceeded homebuyers by a record 36.8 percent in October, which is the largest divide between the two groups since at least 2013, Redfin reported on Wednesday. Continue reading

53% of US homes lost value from 2024 — but it’s not a crash

Zillow Senior Economic Researcher Treh Manhertz said statistics reflect a normalizing market and show that the vast majority of homes are retaining their value, even as the rate of appreciation cools. Continue reading

NAR scores a victory in buyer commission lawsuit

An order from Judge LaShonda A. Hunt in the Batton homebuyer case struck down a proposed class of plaintiffs that included substantial overlap with the class in the now-settled Burnett lawsuit. Continue reading

Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market

In this exclusive interview with Inman, the least dramatic “Selling the OC” cast member gets candid about real estate, reality TV and real life ahead of the Nov. 12 Season 4 premiere. Continue reading

Sign, show and sell: The open house playbook that actually works

In-person events build trust faster than any online ad, coach Darryl Davis writes. When your systems, signage and service are dialed in, that trust becomes traction. Continue reading

New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’

Incoming CEO Kaz Nejatian said Opendoor acquired 230 homes in the last week of October, about twice the pace of acquisitions when he took over on Sept. 15. Continue reading

Pending home sales remain stuck in the mud in September

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

Realtor.com parent goes after its own virtual tour target amid battle with CoStar

Australia’s REA Group, owned by News Corp and a 20 percent stakeholder in Realtor.com, has acquired 3D tour technology company Planitar, echoing the 2024 sale of Matteport to Homes.com parent CoStar. Continue reading

EXCLUSIVE: Compass unveils new Buyer Demand tool

The tool integrates with others on Compass’ platform. It provides agents and homesellers real-time insights into how many buyers are searching for properties like theirs. Continue reading