Real Estate News by RealEstateNews.com
Real Brokerage tops 24,000 agents with its latest additions, including a 550-agent California firm; plus news from Exit, The Agency, Elliman, C21 and more.
Brokerage Beat: News from Hanna, Real, CB, C21, United, more
17 hours ago · Founded in 2011, Home Experts has grown to nearly 400 agents, establishing itself as a leading independent brokerage in the region. The merger strengthens Hanna's presence in Ohio, uniting the two companies around a shared mission of agent support, innovative client service and relationship-building, the company said.
5 big — and very bold — predictions for the mortgage industry in …
20 hours ago · Thinking big about residential real estate success requires a big-picture perspective. Industry Decoded features industry experts who can enrich your understanding of issues affecting the industry as a whole. The views expressed in this column are solely those of the author. The mortgage industry is ...
Compass to acquire @properties, Christie's International Real Estate
Dec 2, 2024 · Compass is maintaining its steep growth trajectory, adding @properties and Christie's International Real Estate to the fold in a $444 million move to increase its worldwide reach.. Chicagoland-based @properties is the eighth-largest residential brokerage by sales volume, Compass said in its announcement of the acquisition on Monday afternoon.
NAR economist bullish on home sales rebound in 2025
Nov 9, 2024 · BOSTON, Mass. — A year ago, the chief economist for the National Association of Realtors predicted a rebound in 2024. It never materialized, but he now thinks that after more than two years of sluggish sales, the housing market is (finally) primed for a recovery.
Why buyers are gravitating toward smaller homes
Nov 29, 2024 · The price of nearly everything has gone up in recent years, and housing is no exception. Steep construction costs and sky-high existing home prices have pushed many buyers to the sidelines, but some builders have taken note, going smaller with new homes in order to keep costs in check.. The cost of housing remains a major concern for many Americans, but this "smaller is better" approach to new ...
Buyers backing out of deals in record numbers as market shifts
Jul 24, 2024 · Key points: Redfin reported this week that home contract cancellations are back on the rise and hit the highest level for any June on record. “The monthly costs associated with buying a home today are just too high to rationalize not …
Trends 2024: Big brokerages are scooping up more deals
Jan 29, 2024 · Bigger brokerages, more market share. Production is increasingly concentrated among the nation's largest brokerages. For example, the five largest brokerages increased their sales volume market share by 69.3 percent between 2017 and 2022, larger than any other Mega 1000 segment and more than double the Mega 1000 as a whole.
Real estate’s moment of opportunity
Oct 23, 2024 · A closer look at the biggest opportunities. The report describes 20 specific opportunities for those in residential real estate — from agents and brokers to NAR, state and local associations, and MLSs — and they include some of the hottest topics in real estate today.
What agents and brokers can — and can’t — do under new MLS …
Apr 13, 2024 · Bright MLS legal counsel Brian Schneider explained the ins and outs of the NAR settlement rule changes. Here’s what real estate professionals need to know.