New-home sales beat expectations in March — by a long shot

The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows. Continue reading

Ex-First American CEO entitled to $18M following cruise ship brawl

First American Financial Corp. terminated CEO Kenneth DeGiorgio “without cause” on April 10 after authorities charged the title insurance veteran with misdemeanor assault aboard a cruise. Continue reading

LA agent caught smuggling 164 pounds of cocaine in Chicago

Jerome Nalbandian was caught toting four roller bags stuffed with 164 pounds of suspected cocaine through Chicago’s Union Station. Cook County Circuit Court Judge Deidre Dyer commented, “Wow. That’s a lot.” Continue reading

Concessions surge as homesellers offer sweeter deals in sour markets

In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin. Continue reading

After pause, Utah MLS resumes Clear Cooperation enforcement

The Utah-based Realtor association has adopted Delayed Marketing Exempt Listings, introduced under NAR’S Multiple Listing Options for Sellers Policy. Continue reading

Lofty promises faster, smarter marketing with Bloom release

Real estate software company Lofty has developed a new product to assist agents with hands-off lead generation called Lofty Bloom. Continue reading

Holly Parker sues Douglas Elliman over $1.5M clawback dispute

Parker alleges the brokerage, which she departed in February after 25 years, is demanding $1.5 million in clawbacks while refusing to pay commissions on deals that closed after her move to Compass. Continue reading

Zillow Showcase listings get marketing bump with analytics

Available to agents whose sellers’ properties are leveraging Showcase, the insights dashboard is designed with transparency in mind, allowing agents to unravel which home features may be leading to more online attention. Continue reading

Zillow Showcase listings get marketing bump with analytics

Available to agents whose sellers’ properties are leveraging Showcase, the insights dashboard is designed with transparency in mind, allowing agents to unravel which home features may be leading to more online attention. Continue reading

Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading