CoStar Group on Feb. 17 announced the launch of Homes AI, which the portal calls a transformative experience powered by Microsoft Azure OpenAI, fully integrated into Homes.com, and accessible to all consumers. For the first time on a major real estate portal, according to the company, consumers can engage in natural, real-time, two-way conversations, by…
As player housing goes live in World of Warcraft®, Zillow has teamed up with Blizzard Entertainment® to introduce Zillow for Warcraft, a custom microsite that allows anyone to browse a curated collection of in-game homes from Azeroth™. According to a release, the Zillow for Warcraft experience brings Zillow’s familiar home exploration into a fantasy setting. The microsite…
With budgets already stretched thin along with higher interest rates, today’s buyers are more selective than ever regarding homes they’re willing to purchase. They don’t want to get stuck with a home they’ll need to sink even more money into after closing. In fact, according to a recent report from Zillow, buyers are willing to pay up to 4% more (an average of $13,000 for the average American home) for a move-in-ready listing that doesn’t need renovations or repairs.
While mortgage originations remain constrained due to affordability concerns, refinancing is driving increased activity as mortgage rates have come down from record highs to near 6%, according to the latest data from ATTOM. ATTOM’s Mortgage Origination Report for Q4 2025 found that 1.72 million mortgages secured by residential property were issued, a 6% decrease from…
When a company’s annual report appears not long after some sort of upheaval, it’s natural that it would be inhaled by the industry’s masses like a New York Times best-seller. Such is the case for the National Association of Realtors® (NAR) 2025 Annual Report after the now famous Sitzer-Burnett trial outcome in late 2023, along…
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January appears to be looking up in terms of inflation as the latest data from the Bureau of Labor Statistics saw the Consumer Price Index (CPI) hit a low for both inflation and core inflation. The CPI for January saw a 0.2% increase in the all items index, landing annual inflation at 2.4%. This is…
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Assistant Attorney General Gail Slater, who was overseeing the long-suffering Department of Justice (DOJ) investigation into the National Association of Realtors® (NAR), announced on social media yesterday that she would be resigning from the position, effective immediately. “It is with great sadness and abiding hope that I leave my role as (assistant attorney general) for…
Above, from left, Lorena Torees, Denise May and Angela Feathers Denise May – Realtor®/Team Leader Angela Feathers – Realtor® Lorena Torres – Realtor® Markets served: Greater El Paso, Texas; Las Cruces and Southern New Mexico Years in business: 26 With JPAR since: 2020 Why did you choose to partner with JPAR after years as independent…
FirstTeam®, a member of Leading Real Estate Companies of the World® (LeadingRE), has announced the next phase of its national expansion with the launch of its first Arizona office. FirstTeam Scottsdale, which will be led by former Sotheby’s Global Real Estate Advisor Janelle Flaherty in partnership with Designated Broker, Dan Peden, marks a strategic entry…
On the heels of a dismal January existing home sales report, mortgage rates holding steady around 6% for weeks brings brighter news in the form of increased confidence for some home shoppers who’ve been sitting on the sidelines, experts say, although affordability still remains a challenge. The latest Primary Mortgage Market Survey® (PMMS®), released by…
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