As homebuilder confidence has now bottomed out to a 12-year low, the housing construction industry continues to face a series of hurdles that are severely diminishing activity. With the latest New Residential Construction report from the Department of Housing and Urban Development and the Census Bureau demonstrating another impacted month, builders are now forecasting issues…
As the housing market begins to wind down for the cold season, pending home sales are also showing the impact of elevated mortgage rates as contract signings fell across the board, according to the National Association of Realtors® (NAR). The Pending Home Sales report by NAR for September shows that sales decreased by 7.3% month-over-month,…
Housing data company HouseCanary announced on Oct. 20 that Side has joined its Google Listings Program. Under the agreement, the active listings for the over 600 partners in 19 states in Side’s broker network are available for display in Google mobile search in live markets. When consumers search for homes on Google mobile in a…
A third MLS today publicly rejected threats from Compass over listing rules, as New York-based OneKey MLS joined CRMLS in California and Unlock MLS in Texas in refusing to change policies despite significant back-channel pressure and legal threats from the mega-brokerage. In a release early this morning, OneKey CEO Richard Haggerty said the MLS would…
The monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for builder confidence fell three points to 29 (out of 100) in October, marking the lowest builder confidence in the market since June 2012. NAHB attributed the historically low measure of builder sentiment to rising mortgage rates, energy and material costs, and…
In an entirely expected move last Friday, Oct. 16, Compass filed a federal antitrust lawsuit against California-based CRMLS, asking a judge to prevent the MLS from enforcing its “mandatory submission” policies that the brokerage argues violates antitrust policies. As it has continued to campaign for changes to certain MLS policies, a Compass spokesperson told RISMedia…
Just one day before the case was to go to trial, eXp managed to evade court as a partial settlement was reached. In the settlement filed Oct. 18, eXp agent Anya Roberts officially reached a confidential settlement which resolves all claims against eXp Realty, Founder Glenn Sanford and parent company AGNT, Inc. The settlement only…
Back in 2022, half a dozen women came forward and filed a civil lawsuit against eXp Realty and its founder, Glenn Sanford, claiming that two “alpha agents” (Michael Bjorkman and David Golden) drugged and sexually assaulted them at company events. The women argued that Sanford and other eXp leadership ignored their complaints, as well as…
From left, Rick Haase, Whitney LaCosta, Tara Brown, Boomer Foster and David Howell. Photo by AJ Canaria. WASHINGTON, D.C.—Real estate brokerages are no strangers to consolidation. In 2026, Real acquired REMAX; Compass acquired Anywhere, and eXp and NextHome are now under the same parent brand, AGNT. Beyond the mega deals, large regional independents are constantly…
Above: Howard Hanna Real Estate Services CEO Hoby Hanna. Photos by AJ Canaria. There’s a sea change confronting the residential real estate industry, and Hoby Hanna isn’t mincing words: “Brokerage is not enough anymore. Not for Howard Hanna, not for your company, not for our agents, and ultimately not for the consumer.” Hanna delivered this…
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