Decline in NAR membership, long expected, hasn't materialized yet
With 1,526,631 members as of Oct. 31, the National Association of Realtors is on track to end 2024 with its fourth-highest membership numbers on record. Next year, however, is a different story
by Taylor Anderson Nov 11
Brokerages expect rates to drop. Their clients bank on the opposite
Potential real estate clients are growing less responsive to mortgage-rate dips, one of several key takeaways from the results of the latest Inman-Dig Insights consumer survey
by Daniel Houston Nov 11
How real estate pros can adapt and prepare for the Silver Tsunami
Serving seniors starts with understanding their needs, desires and wants in real estate, and in terms of their lifestyle and goals, Engel & Völkers Americas' Stuart Siegel writes
by Stuart Siegel Nov 11
North Dakota voters reject plan to eliminate property taxes
North Dakota voters rejected Measure 4, a proposal to abolish property taxes, with 63.5% voting against the measure, the 'New York Post' reported Thursday
by Richelle Hammiel Nov 8
Vrbo parent Expedia Group reports strong Q3 amid leadership changes
The company reported total gross bookings of $27.5B, a 7% increase, fueled by an 8% rise in lodging bookings and a 10% growth in its hotel business
by Richelle Hammiel Nov 8
EXp posts modest revenue gain, reaching $1.2B in 3rd quarter
The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform
Realtor.com parent Move sees revenue inch down in Q3
Move's overall revenue dipped 1% between July and September, while revenue from its real estate business — including Realtor.com — dropped 4%, according to Q3 earnings data released Thursday
by Jim Dalrymple II Nov 7
Mortgage rates not expected to budge on latest Fed rate cut
Move was anticipated by investors that fund most home loans, who have been driving up mortgage rates over concerns about inflation and pace of future Fed rate cuts
by Matt Carter Nov 7
Record number of Americans say they'd rather rent than buy
Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy: Fannie Mae survey
by Matt Carter Nov 7
Uncertainty, volatility ahead for housing market under Trump
Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say
by Marian McPherson Nov 7
US home prices rose in 90% of metro areas in Q3, NAR says
The median price for single-family existing homes increased by 3.1% year over year to $418,700, with the 30-year fixed mortgage rate ranging between 6.08% and 6.95%
by Richelle Hammiel Nov 7
The Q3 calls to watch closely as real estate’s 'Super Thursday' unfolds
Anywhere Real Estate, Redfin, eXp World Holdings and 7 more of the nation's largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025
by Taylor Anderson Nov 7
Mortgage segment stands tall as Zillow posts revenue growth in Q3
Zillow tallied $581M in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal's mortgage business hit $39M, a 63% increase from 2023
by Jim Dalrymple II Nov 6
Mortgage rates climb as investors weigh impact of election results
Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump's return to the White House will fuel more government borrowing and reignite inflation
by Matt Carter Nov 6
Renter households surge as homeownership costs climb
Renter households increased by 2.7% year-over-year in the third quarter to a record 45.6M, a rate 3 times higher than the 0.9% uptick in homeowner households, according to a new Redfin analysis
by Richelle Hammiel Nov 6
Realtor.com CEO pleads with US leaders to save homeownership
Realtor.com CEO Damian Eales wrote an open-letter urging local, state and federal legislators who win today's elections to tackle housing affordability with 'pragmatic' solutions
by Marian McPherson Nov 5