Homebuyers remain sidelined despite more listing options

Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading

Legal tit-for-tat pulls back curtain on eXp’s ‘sweetheart’ settlement

In new court filings, eXp, Weichert and plaintiffs share new details about how settlement negotiations in the Gibson case fell apart before the brokerage moved to settle in a case called Hooper. Continue reading

Democrats reintroduce bill to expose rental algorithms

Minnesota Senator Amy Klobuchar has reintroduced the Preventing Algorithmic Collusion Act, inspired by the Department of Justice’s RealPage investigation. Continue reading

Home prices continued to climb in most US metro areas in Q4: NAR

Home prices have continued their upward trend in Q4 2024, with 89 percent of U.S. metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR. Continue reading

Pullback in mortgage rates spurs refis but not purchase loans

Requests to refinance were up 12 percent week over week and 17 percent from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in six weeks. Continue reading

RE/MAX Canada president steps down amid leadership turnover

Christopher Alexander announced he was stepping down from his role after just over three years as RE/MAX faces ongoing struggles with revenue and agent count. Continue reading

Optimal Blue is about to drop an AI assistant aimed at mortgage execs

Conversational generative AI chat assistant, Ask Obi, is aimed at providing high-level insights “to better understand the data that drives their business.” Continue reading

Realtor.com parent Move posts first revenue bump in 10 quarters

Realtor.com parent company Move’s revenues grew 2 percent year over year to $130 million in Q2. However, market headwinds are still suppressing lead volume and traffic growth. Continue reading

Stephen Kotler steps down as Western Region CEO at Elliman

Kotler has been with Douglas Elliman for more than 30 years, and will now return to work in sales alongside his brother and son on the Kotler Team in New York City following a tumultuous period for western operations. Continue reading

Holly Parker joins Compass after 25 years at Douglas Elliman

Luxury real estate powerhouse Holly Parker is making a big move — after 25 years with Douglas Elliman, she’s taking her team to Compass in New York, the brokerage announced Wednesday. Continue reading