Amidst the rapidly accelerating multi-front war over real estate listings, the most important player may have just made its first move. Tech giant Google has started a “controlled experiment” to include real estate listings in sponsored search results, according to HouseCanary, a property data company that is working with Google to provide listings to the…
As 2025 comes to a close, affordability has stabilized somewhat for many homebuyers, according to the latest National Association of Realtors®’ (NAR) Housing Affordability Index. NAR’s data saw the qualifying income needed to buy a home decrease slightly to $100,272 in October (based on a 25% qualifying ratio for monthly housing expense to gross monthly…
The lock-in effect—the gap between existing mortgage payments and the cost of financing a home today—continues to widely affect housing supply and is “trapping” homeowners into staying where they are, according to new data from Realtor.com®. The new Realtor.com report details how a homeowner wishing to move but locked-in at a lower mortgage rate…
Homeownership remains a priority for many Americans despite housing market fluctuations this year. A recent consumer survey conducted by REMAX highlights how market conditions and lifestyle preferences are shaping homebuyers’ plans. While affordability remains a key concern, buyers are also prioritizing neighborhood safety, social connection and access to lifestyle-enhancing amenities. These preferences underscore that buyers…
Above, Fed Chair Jerome Powell The Federal Reserve has announced its third interest rate cut of the year—its third in a row—closing out its final Federal Open Market Committee (FOMC) meeting of 2025. The FOMC announced at its December meeting today that it has cut interest rates by a quarter-percentage point. This follows a 25-basis-point…
Homeowners may be feeling the impact of climate disasters on their insurance premiums, but are buyers modifying their behavior and performing deep research into climate risks during their home searches? Not for very long, it appears, per data shared by Redfin. Redfin listings separate climate risks into five categories: floods, fire, wind, extreme heat and…
Another year is almost in the books, and with it, a cavalcade of economists and experts seeking to peer into the future and predict the subsequent year’s housing market. As brokers and agents parse out their path forward, these big national trends are not always the most useful guidance—even when they are accurate. After many…
Above, Lawrence Yun and Nadia Evangelou At the National Association of Realtors® (NAR) Real Estate Forecast Summit, held remotely Dec. 9, NAR Chief Economist Lawrence Yun predicted that the Federal Reserve will cut interest rates Dec. 10, with two more cuts next year. But taking a longer view after multiple sluggish years for housing, Yun…
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Road to Housing Act removed from defense bill The Road to Housing Act, a bipartisan comprehensive housing reform bill passed by the U.S. Senate, has met a new roadblock. The bill, previously attached to…
Founded in 1976, Seven Gables Real Estate has grown to become the leading independent brokerage in Orange County, California, composed of 11 offices responsible for more than $2.2B in business over the past 12 months. But the company’s influence extends well beyond its SoCal borders. A part of the firm virtually since its inception, CEO…
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