Following the announcement earlier this month that Google went national with its initiative to embed HouseCanary-powered listings into its search portal, many questions have arisen about what it all means for the residential real estate industry. With the industry re-organizing around the flow of listings, brokerages and MLSs are demanding greater control and remuneration for…
Trish Nicely Broker/Owner JPAR® Real Estate Professionals Hughesville, Maryland https://www.jparprofessionals.com Region served: Maryland and the D.C. metro area Years in real estate: 27 Number of offices: 3 Number of agents: 47 Favorite part of your job: Watching agents grow In an era of technological evolution, and with the rise of AI, how are you using…
The Consumer Federation of America (CFA) has penned a letter requesting that the Federal Trade Commission (FTC) and the Department of Justice (DOJ) investigate mega-brokerage Compass for its several recent partnerships with MLSs that simultaneously expanded their platforms nationwide, alleging that the deals “raise significant anti-consumer concerns” and potentially “violate fair housing protections.” Specifically, the…
“Keeping the dream of homeownership alive today is really about helping people replace confusion with clarity. The dream is not dead. The strategy is just different.” This is how Adam Gillespie—a Denver-based Realtor®, AI strategist, CRM coach and co-founder of Apex Elite AI—describes the challenges facing those pursuing the American Dream of homeownership in today’s…
Above: the Everett McKinley Dirksen United States Courthouse in Chicago. CHICAGO—Zillow Chief Financial Officer Jeremy Hofmann testified Wednesday afternoon that a permanent loss of Midwest Real Estate Data (MRED)’s listing feed could trigger what he called a “downward spiral” for Zillow’s business, as testimony continued in the preliminary injunction hearing between Zillow, MRED and Compass.…
Brian Buonaiuto Broker/Owner JPAR Premier Destination Realty Cranston, Rhode Island https://www.brianbuonaiuto.jpar.com Region served: Central Rhode Island and Tampa, Florida Years in real estate: 10 Number of offices: 2 Number of agents: 40 Rhode Island is currently facing record-low inventory. As a leader with JPAR, how are you and your agents finding opportunities for buyers and…
Above, the Everett McKinley Dirksen Courthouse in Chicago where the hearing is taking place. Photo by Clarissa Garza. CHICAGO—Zillow, Midwest Real Estate Data (MRED) and Compass squared off in a Chicago courtroom Wednesday in a preliminary injunction hearing, kicking off two days of testimony, where a federal judge will decide whether Zillow can continue banning…
Generation Z (those born roughly between 1997 and 2012) boasts unprecedented representation in the Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+) community. Gallup recently shared that 23% of U.S. adults under 30 years old self-identify as LGBTQ+. What does this mean for so-called “zoomers” home-buying plans, including the 23% that are part of the LGBTQ+…
As everyone in real estate knows, the market is in a constant state of ebb and flow. While the same trends have been persistent in housing in recent years, the ways in which they affect the market and what challenges are dominant have been in a state of change. Certain trends, such as the downward…
The post Investors Still Players in the Market—A Look at Current Housing Trends appeared first on RISMedia.
The Mortgage Bankers Association is attributing an increase in home-purchase applications this week to mortgage rates edging down slightly following a decline in oil prices and easing tensions in the Middle East. The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume and includes purchases and refinances—shows mortgage application activity increasing…
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