There were 46.3% more homesellers than buyers in the U.S. housing market in February, according to Redfin data — the largest gap since at least 2013. Read More
Three weeks into the war in Iran, mortgage rates have climbed above 6.5% — the highest level in over six months — after dipping briefly below 6% in February. Read More
The Compass Intl. Holdings CEO vowed to defend agents who are penalized for following “seller-directed” marketing plans while insisting he supports the MLS. Read More
Legends brings 55 agents to Real; eXp gains 50-agent firm, 140-agent SoCal team; seven Side teams move to Compass. Plus, C21 New Millennium expands C-suite. Read More
The California MLS will start redistributing listing data revenue to brokerages next month. Plus, a brand refresh for IRES; RACI partners with TrustFunds. Read More
With his replacement’s confirmation stalled, Powell could remain Fed chair for some time. Plus, “terrible timing” for mortgage rate surge; states sue HUD; more. Read More
The real estate giants accused several MLSs of “actively working against” agents, adding, “we will not accept rules” dictating how listings can be marketed. Read More
Concerns about inflation and the wider U.S. economy are driving up mortgage rates as the housing market embarks on what is typically its busiest time of year. Read More
Alongside its March 17 launch of Zillow Preview, the company published updated, more flexible listing rules to reflect the “reality” of “the listing landscape.” Read More
The year began with the slowest new home sales pace since October 2022. But inventory is up and the median price has fallen — both positive signs for buyers. Read More