Homesellers have lost $1B through private deals since 2023: Zillow

Sellers who privately listed their home lost an average of $4,975, according to an analysis by Zillow of 2.72 million deals since 2023. The gap is wider for sellers of color, underscoring the benefits of Clear Cooperation. Continue reading

The 4M home shortage: How the industry can unlock inventory

As real estate professionals, policymakers and communities collaborate to find solutions, Kendall Bonner writes, they can create a future where housing is more accessible, affordable and efficiently produced. Continue reading

Real estate’s hottest hookups amid merger mania: The Download

Compression trumps competition as real estate industry heavyweights look for their perfect partners and set themselves up for strength and success in the years ahead. Continue reading

Existing-home sales rebounded in February amid inventory uptick

As buyers cautiously reentered the market, existing-home sales rose 4.2 percent from January to 4.26 million, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2 percent. Continue reading

Surprise Fed move takes some pressure off of mortgage rates

Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December. Continue reading

Bass weighs pause of ULA Tax as wildfire recovery continues

Los Angeles Mayor Karen Bass seems to be warming up to the idea of pausing the controversial ULA Tax as the city recovers from destructive wildfires, but it is unclear how she could do it. Continue reading

Housing starts beat expectations in February but headwinds loom

Privately owned housing starts rose 11.2 percent but still fell behind February 2024 activity, according to data released Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading

$10M-plus deals in Manhattan hit biggest week since December

There were 11 contract signings at $10 million-plus last week, and the city’s priciest closing was on a downtown condo that sold in an off-market deal for $60 million. Continue reading

Senators Waters, Warren sound alarm on HUD cost-cutting plan

Senators Maxine Waters (D-CA) and Elizabeth Warren (D-MA) sent Department of Housing and Urban Development Secretary Scott Turner a letter on Monday, demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity. Continue reading

Arizona marks 1st move beyond East Coast for SERHANT.

The new market is launching with over 50 agents who represent more than $500 million in sales volume over the past 12 months and who will offer more than 100 listings to start. Continue reading