In a Q1 2026 earnings report April 30, iBuyer Offerpad, known for giving homeowners cash offers within 24 hours, released financial results that included generating $80.1 million in revenue vs. analyst estimates of $86.25 million, a 7.2% miss and a 50.2% year-over-year decline. The company reported 263 closed real estate transactions. In a release, the…
Building on a newly established company structure designed to accelerate innovation and support nationwide growth, Realtracs—Tennessee’s largest MLS, supporting 19,000-plus professionals across six states—has announced a major expansion with the introduction of national coverage through new brokerage participation, calling the move a “significant step forward in the next evolution of MLS platforms built to support…
The worry heading into the spring 2026 housing market was that “history would repeat itself” from 2025 and lead into another “cruel summer,” as described by Realtor.com® Chief Economist Danielle Hale. Last year, “tariff-driven uncertainty and recession fears” created headwinds for the market, preventing a spring bloom or summer heat-up from taking place. This year,…
Since the commencement of the U.S. and Iran war, energy prices have soared, and the latest findings from the Bureau of Economic Analysis’ Personal Consumption Expenditure (PCE) index (the Federal Reserve’s preferred measure of inflation) found that catching up. The PCE price index experienced a large bump in March 2026; after hovering around 2.9% annual…
Nonprofit business research organization The Conference Board released its latest Leading Economic Index (LEI)—which provides an early indication of significant turning points in the business cycle and where the economy is heading—showing a decline of 0.6% in March 2026, more than reversing its 0.3% increase in February. Overall, the LEI fell by 1.0% over the…
One day after plaintiffs in the largest buyer-focused lawsuit sought to block the National Association of Realtors®’ (NAR) $52 million settlement, a federal judge has curtly denied the request, pointing to her previous ruling when the same plaintiffs tried to prevent Anywhere from striking a similar settlement. “Plaintiffs’ motion for preliminary injunction as to Defendant…
Jerome Powell’s reign at the Fed may be at its end, but he’s not going anywhere. On Wednesday, the Federal Reserve held interest rates steady at its April Federal Open Market Committee (FOMC) meeting, leaving the federal funds rate unchanged at a rate of 3.5%-3.75% for the third straight month since December’s quarter-point cut. And…
The data giant CoStar Group, operator of Homes.com and Apartments.com among other real estate businesses, set a confident atmosphere during its Q1 2026 earnings call; Founder and CEO Andy Florance touted “60 consecutive quarters of consistent, double-digit revenue growth” during the earnings call and the corresponding press release. Citing its ongoing success, CoStar shared plans…
Homebuilders appear to be showing some signs of measured optimism as new construction showed significant gains against the tide of market challenges and the ongoing conflict with Iran, according to the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau. The New Residential Construction report for March (which also…
Lawyers who launched the original buyer lawsuits—making largely the same accusations as Burnett but claiming homebuyers suffered harm—will seek to block the National Association of Realtors® (NAR) from striking a deal in a copycat case, asking a federal judge to block that deal based on what they describe as a “reverse auction.” In a filing…
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