Canopy Realtor® Association has announced the appointment of Rob Nanfelt as its next Chief Executive Officer, effective Jan. 4, 2027. Nanfelt succeeds current CEO Anne Marie DeCatsye, who is retiring from the position at the end of 2026 following 26 years of leadership. Nanfelt will also serve as CEO of Canopy Housing Foundation. As CEO,…
Lofty has announced the release of a new AI Index for Real Estate, which the company describes as the industry’s first AI tracker designed to quantify the amount of time saved by real estate agents who use Lofty AI. Featuring number breakdowns detailing how agents save time across tasks, based on team or brokerage size,…
American voters made it clear that affordability was one of the main drivers that tipped them in favor of putting Democrats in control of Congress in the 2026 midterm elections. Democratic candidates flipped both the House of Representatives and Senate blue, buoyed by voters who have seen their everyday living costs skyrocket under the second…
With Daylight Saving Time already ended, showings that previously took place in daylight may now happen entirely after sunset. For agents, this creates challenges, including scheduling, affecting buyer engagement and property presentation. Here are some key challenges: Daylight Saving Time changes showing logistics for agents managing multiple buyers and listings. The clock change hurts most…
As the next heated step in its nationwide battle against MLS incumbents, Compass filed more than a dozen federal antitrust lawsuits against 15 MLSs today, carrying out a promised threat to take a bitter, long-running dispute over restrictions on off-MLS marketing to the courtroom. According to a release, Compass is accusing the MLSs in question…
Zillow’s latest Rental Market Report shows that demand for renting single-family homes has risen, with consumers noting that they would need a $14,408 pay raise to cover the monthly costs of owning a home, even before saving for a down payment. Nationally, the typical single-family rent is $2,243 a month, compared with $2,603 a month…
Inflation seemed to be making good progress at the end of 2025 and start of 2026, with the Federal Reserve actually starting to cut interest rates. The start of the conflict in the Middle East in February, however, threw a wrench in that progress, as inflation turned course and began to elevate once again. Now,…
Realty Executives Associates (REA) has announced the appointment of J Lewis as executive vice president of Agent Development, a newly established leadership role focused on strengthening the success, productivity and long-term relationships of REA’s agents. According to a release, prior to joining REA, Lewis served as CEO of Keller Williams for 13 years, bringing extensive…
Mortgage rates eased again for the fourth-straight week but remain almost a full percentage point over last year at this time, a key reason buyers continue to hold back and why the market remains sluggish. The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average 30-year fixed-rate mortgage rate at 7.11%, down…
The National Association of Realtors®’ (NAR) Existing-Home Sales report for October came in on a somewhat dismal note: Existing-home sales decreased 5.5% month-over-month to a rate of 3.75 million. That marks the lowest level since August 2010’s 3.68 million, according to Realtor.com® Chief Economist Danielle Hale. Year-over-year home sales were down 8.8% compared to October…
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