North Texas MLS names Chris Carrillo as next CEO

Carillo has been active in the industry for 26 years and has served as Metro MLS CEO in Milwaukee for the last 14 years. His appointment will begin on June 1. Continue reading

Teams Spotlight: Alex Derenne, The Powerhouse Partners

Learn how this team lead empowers agents to run their own businesses while having access to the mentorship, tools and collaboration they need to scale successfully. Continue reading

Constellation Software launches new data services business

Constellation Data Labs will provide active property listings and public records to a broader range of industries including mortgage lenders, asset managers and insurers. Continue reading

Typical days on market reaches slowest pace in 5 years: Redfin

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020. Continue reading

AI’s potential for real estate agents is vast, ICNY panelists argue

Industry leaders said Thursday that artificial intelligence is lowering the cost of producing content and that in the future it will make home searches better and more useful. Continue reading

Home tours are on the rise — but buyers aren’t making offers

Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted me… Continue reading

Housing inventory hits post-2020 high as unsold homes linger

In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis. Continue reading

Renters rejoice! Rental rates fell for 5th straight month in September

Rents for studio, one-bedroom and two-bedroom units fell 0.7 percent between August and September, according to data from Realtor.com. Continue reading

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading

Compass expands its brokerage operations to Wisconsin

Compass has entered Milwaukee with three founding agents and their teams, all representing more than $110 million in 2020 sales volume. The brokerage is now stacking up its managerial team for the market, with the addition of Kel Svoboda. Continue reading