There is a serious effort underway by Compass, the country’s largest real estate brokerage, that threatens transparency and access for everyone involved in the home-search process. They call it a Private Listing Network, insisting that limiting exposure of a home to a small internal audience will help fuel demand. In reality, this is a gimmick…
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The average mortgage rate remaining at or around the low 6% range continues to spur buyer activity, but economists warn it may not be enough to create a much-needed market shift in the face of ongoing economic uncertainty and wartime market volatility. The average mortgage rate ticked up 11 basis points to 6.11% this week,…
The United States Senate today passed legislation now called the 21st Century ROAD to Housing Act, a comprehensive, bipartisan legislative package designed to increase housing supply and access. The bill will now have to be sent back to the House, where it must face reconciliation and another vote before going to President Donald Trump’s desk.…
Above, Howard “Hoby” Hanna Amid the broader—and increasingly complex—debate over private listings, one of the more independent-minded independent brokerages announced this week that it is launching its own private network as a “strategic initiative,” balancing the demand for so-called “seller choice” with MLS policies the company has previously criticized. HannaList, announced this week by Howard…
MoxiWorks, an AI-powered real estate marketing platform, has announced a strategic partnership with Sarasota, Floridia-based Michael Saunders & Company. Having previously leveraged MoxiWorks’ products throughout the evolution of its tech stack, the Gulf Coast brokerage has renewed a strategic partnership with the proptech provider as it enters its next phase of growth, a release stated.…
With home prices still elevated in much of the country, condos have become more realistic for buyers determined to exit the rental train. For most agents, the ability to educate such clients about how they can start building equity immediately by going the condo route is more important than ever. Here are several important pros…
Housing starts saw quite an unexpected jump this January—however, overall construction data paints an unsure picture for the coming months, according to the latest data from the Department of Housing and Urban Development and the Census Bureau. The New Residential Construction report for January found that housing starts were estimated at a rate of 1.49…
When the Federal Reserve began aggressively raising interest rates in 2022, many analysts expected home prices to fall. But they didn’t. Instead, they soared. A new analysis from the Joint Center for Housing Studies (JCHS) at Harvard University helps explain why—and the answer is summed up in mortgage rate locks. From the start of 2021…
BeachesMLS, operated by the Broward, Palm Beaches & St. Lucie Realtors® and the 10th largest MLS in the nation, has announced a technology upgrade to its MLS platform aimed at updating how real estate professionals create, manage and share listings across its marketplace. The upgrade includes changes to backend infrastructure intended to improve data consistency,…
REsides announced its third annual dividend payout, continuing distributions to shareholders under the company’s equity ownership MLS model. The REsides board of directors declared an annual cash dividend of $2.00 per share for Class A and Class B shareholders and $1.00 per share for Class C shareholders. The payment marks the third dividend issued since…
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