In the wake of elevated mortgage rates and rising year-over-year inflation, homesellers are doing their best to stimulate buyer behavior and get their listings off the market. According to a recent report by Bright MLS Chief Economist Lisa Sturtevant, about 40.1% of market listings in the Mid-Atlantic region have had their prices reduced as of…
The world currently sits in the next age of technological revolution: AI. The rapid pace at which AI models and tools are popping up is only accelerating as the world embraces this next phase of its evolution. As AI continues to evolve and grow, so does its use in real estate. More and more agents…
As the war over private listings intensifies, Zillow and Compass (among others) are using dueling data reports and starkly different methodologies to make their respective cases in the courtroom—and in the court of public opinion. On July 24, Compass reported that pre-marketed homes that started as Private Exclusives or Coming Soons sold for 4.6% more…
Mortgage rates remained relatively steady from last week, but an increase in home-purchase application activity after multiple weeks of decreases shows that homebuyers are getting accustomed to the current environment and responding to even slight rate decreases. This week, the average 30-year fixed mortgage rate (FRM) decreased two basis points to 6.67%, down from 6.69%…
The Trump administration is reportedly looking at updating rules and limits around the capital gains tax limitations on home sales—a longstanding issue in real estate. On Fox Business recently, host and former National Economic Council director Larry Kudlow said he had spoken to President Trump about potential changes to capital gains taxes on home sales…
While mortgage rates remain elevated, a slight retreat this past week drove home-purchase application activity up for the first time in several weeks. The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volume and includes purchases and refinances—shows mortgage application activity increasing this week 3.6% on a seasonally…
As we slip into the second half of 2026, major homebuilders are looking past this challenging year and making their predictions for the future in a so-far very unpredictable market. Three major homebuilders—D.R. Horton, Lennar Corp and PulteGroup—ended their earnings calls over the last few weeks with optimistic yet guarded sentiments, as the real estate…
Discount brokerage Homie Technology, Inc.’s appeal to reverse the dismissal of its lawsuit against the National Association of Realtors® (NAR)—as well as Anywhere, REMAX, Keller Williams and HomeServices of America—has been dismissed. The U.S. Court of Appeals for the Tenth Circuit issued its judgement Tuesday, dismissing the appeal, with the Circuit judges stating in the…
The private listing debate quickly got messy within the industry. Real estate rivals suddenly couldn’t agree even on the definition of “private,” and the disputes have often become technical and insular—seller choice versus transparency, monopolies and conspiracies, the Wall Street boogeyman and the out-of-touch incumbents. But as brokerage and MLS leaders updated policies and focused…
In the technological revolution of AI, more and more data centers that house the processors and servers for this tech are being built across the country, and they’re getting bigger and bigger. As AI continues to become more popular, and the data centers continue to grow, there are many questions at play in real estate…
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