Above, Glenn Sanford, left, and Leo Pareja eXp Founder Glenn Sanford, chairman and chief executive officer of AGNT, Inc.—the parent company of eXp Realty and NextHome Inc.—announced Thursday that eXp CEO Leo Pareja will take the reins of the parent company, according to a news release. The leadership transition “marks the next phase of its…
Almost 14 million homes are expected to be released by aging Americans into the market over the course of the next decade. This mass wave of relinquishment, sometimes termed the “Silver Tsunami,” may bring hope for a woefully under-supplied housing market and thereby also relieve some of the affordability pressures that have weighed on the…
Above, Sara Bronin Global tensions and economic pressures pushed builder sentiment lower this past September, but a new platform may offer respite for developers, researchers and property owners. Land Use Labs—a zoning data and services company—launched early last week with six data products aimed at providing accurate zoning information. Founder Sara Bronin, a George Washington…
It’s the invisible backbone that powers consumer access to real estate listing data. But, oftentimes, the Multiple Listing Service (MLS) and its interests get overlooked amid bitter legal battles over broker cooperation rules and intense debates over AI and listing data control. But Jessica Edgerton, the new CEO of the Council of Multiple Listing Services…
Above, Jillian Young When you’re running a brokerage with more than 1,500 agents producing $3 billion-plus in sales volume and over 5,000 transaction sides per year, technology isn’t just a nice-to-have—it’s the engine that powers everything. For Jillian Young, president of Premiere Plus Realty, that reality became crystal clear as her organization continued to scale.…
Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast MLS serves approximately 1,300 real estate professionals through five participating REALTOR® associations…
The mid-September Federal Reserve Open Market Committee (FOMC) meeting came with a unanimous vote to hike interest rates, after many economists predicted that outcome. Minutes from the meeting released today, however, reveal some of the thinking behind that decision. The minutes offer a closer look at the reasoning behind the Fed’s rate hike. Based on…
New Zillow research found that where a six-figure earner lives can be the difference between renting a four-bedroom house with a yard and a 650-square-foot apartment. A $100,000 salary is a meaningful advantage in today’s rental market, translating directly into more space, more options and more financial breathing room. But earning six figures doesn’t offer…
Borrowers looking to purchase or refinance their homes continue to sit on the sidelines, hesitant to make a move as mortgage rates sailed past the seven-percent mark and arrived at their highest level in almost three years–at one point hitting 7.49% last week. The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure…
WASHINGTON, D.C.—Housing has been on a rollercoaster ride in the last two years, and 2027 is shaping up to be more of the same. Even though real estate has certainly seen its down cycles, this time is different, a leading economist told real estate executives last Friday at RISMedia’s 38th Annual CEO & Leadership Exchange.…
| Newer Posts | Older Posts |