Compass names Lacey Conway executive vice president of M&A

Conway joined Compass last spring when Latter & Blum was acquired by the brokerage and has served as a regional vice president since then. Now she will lead M&A strategy. Continue reading

Existing-home sales slip again in April even as inventory improves

Existing-home sales continued to fall in April, down 0.5 percent from March to a seasonally adjusted rate of 4 million last month, according to data released Thursday by the National Association of Realtors. Continue reading

Audie Chamberlain named Rechat head of growth, communications

Software company Rechat has named Audie Chamberlain its Head of Strategic Growth and Communications. Chamberlain previously served as CEO of Lion & Orb, a public relations and growth advisory outfit. Continue reading

Compass hauls aboard Annapolis-based luxury team Anchored Home

Compass is continuing its hot growth streak, this time pushing further into Maryland with the addition of Annapolis-based real estate team Anchored Home, formerly known as Stahley Thompson Homes. Continue reading

Canada’s Virtuo to test AI home concierge platform in Texas

Canadian real estate software company Virtuo is bringing its homeowner-centric concierge solution to buyers, builders and agents the United States, launching in Texas. Continue reading

The spring sizzle fizzles: Economic jitters chill buyer demand

Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin. Pending homes sales declined 3.4 percent year over year during the four weeks end… Continue reading

RentSpree, TransUnion partner in tenant screening

RentSpree is working with TransUnion to improve how leasing agents and property managers determine a lease applicant’s background. Continue reading

Real estate agent commissions are not falling off a cliff

A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year’s NAR rules have had minimal impacts on agent pay. Continue reading

Builders pull back from new construction once again in April

April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Continue reading

Bessette Flavin becomes Louisiana’s largest C21 affiliate

The newly formed brokerage is the result of a union between two longstanding, family-owned brokerages: Century 21 Bessette Realty, with 35 years in the business, and Flavin Realty, with 49 years of experience. Continue reading