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Real Estate News

Real Estate News

@realestatenews.com

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Real Estate News is the trusted and impartial news source for the residential real estate community. www.realestatenews.com

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Real Estate News @realestatenews.com · 4d

More layoffs at Fannie Mae; Fed cut off from private jobs data

Plus, a Fannie-Freddie IPO may not come until 2026, and the Senate advances an NAHB-backed bill even as the weeks-long government shutdown drags on.

Real Estate News @realestatenews.com · 3h

Douglas Elliman looks to the future, with a focus on luxury

The company called its balance sheet, with no debt and $143 million in cash, a “competitive advantage” as “others in the industry are pursuing consolidation.”

Real Estate News @realestatenews.com · 4h

Class certification in homebuyer commissions case hits a wall

The judge in the Batton case berated plaintiffs over the inclusion of sellers in their proposed class, but suggested two possible paths forward.

Real Estate News @realestatenews.com · 5h

Buyer agents asking for higher fees than they were 3 years ago

Despite some reports suggesting agent commission rates were dropping, a CPC report finds that 95% of buyer agents ask for 2.5-3% of a home’s final sale price.

Real Estate News @realestatenews.com · 6h

Compass CEO says ‘more choice’ is coming with Anywhere deal pending

CEO Robert Reffkin signaled that Christie’s would serve as Compass’ “blueprint” for integrating Anywhere’s franchise brands and for further organic growth.

Real Estate News @realestatenews.com · 10h

Anywhere focuses on growth, AI as Compass merger looms

The brokerage and franchisor delivered 6% higher revenue, which Anywhere execs credited to increased luxury sales and retention of top agents.

Real Estate News @realestatenews.com · 11h

Real enhances AI tools; Mosaik begins international expansion

Plus, Knock launches its new Bridge Loan Plus program; Rayse inks a deal with Columbus Realtors in Ohio; RealReports’ CRMLS partnership expands; more.

Real Estate News @realestatenews.com · 1d

Rollout of Zillow’s private listings ban hits speed bump

A Chicago MLS told brokers that listings from its “unique” PLN could be barred by Zillow, but later confirmed Zillow is delaying enforcement in MRED territory.

Real Estate News @realestatenews.com · 1d

4 Arizona MLSs to share data; NorthStarMLS overhauls board

The agreement gives listings access to roughly 11,700 subscribers across the state. Plus, NorthstarMLS adopts governance changes; LIBOR partners with KCM.

Real Estate News @realestatenews.com · 1d

'Great stay' persists as home turnovers sink to 30-year low

The share of homes changing hands hasn't been this low since the mid-90s, Redfin economists report. The biggest culprit? Mortgage rates.

Real Estate News @realestatenews.com · 3d

‘Ask T3’: What will be ‘mission critical’ for MLSs in 2026

Watch the conversation as T3 Sixty’s Clint Skutchan explains the “beauty” of the MLS system and offers survival tips for organizations under pressure.

Real Estate News @realestatenews.com · 3d

Las Vegas Realtors names new CEO; a 4th-gen leader at HUNT

Association veteran Lynda Fernandez will join LVR in January, while Charles F. Hunt will take over a century-old family firm with billions in annual sales.

Real Estate News @realestatenews.com · 3d

Real, Equity Union nab billion-dollar teams; BHGRE adds SoCal affiliate

Plus, C21 Circle enters Chicago; CB Yost gets a new owner; Elliman expands to France, Monaco; industry veterans join Revel in California, CB in South Carolina.

Real Estate News @realestatenews.com · 4d

More layoffs at Fannie Mae; Fed cut off from private jobs data

Plus, a Fannie-Freddie IPO may not come until 2026, and the Senate advances an NAHB-backed bill even as the weeks-long government shutdown drags on.

Real Estate News @realestatenews.com · 4d

Judge denies Zillow request to block Compass agent testimony

The agent, who was told she violated Zillow's private listing ban, will testify in November. Plus, a new claim in eXp misconduct case; Batton damages revised.

Real Estate News @realestatenews.com · 4d

RE/MAX revenue stagnates as US agent losses persist

But the company reported an all-time high for its global agent count, with its international pool growing 9% year-over-year.

Real Estate News @realestatenews.com · 5d

Rocket ‘in a category of one’ with Redfin, Mr. Cooper deals done

CEO Varun Krishna said Rocket is poised “to finish the year strong” as it brings “end-to-end integration to housing at a scale the industry has never seen.”

Real Estate News @realestatenews.com · 5d

Zillow makes double-digit gains in revenue, profits in Q3

The company’s home loans and rentals divisions continue to lead the way in revenue growth. Web traffic also increased across the Zillow Group family of sites.

Real Estate News @realestatenews.com · 5d

Mortgage rates jump after second Fed cut

This week’s rate adjustment was expected, but the Fed indicated a December cut isn’t guaranteed. Meanwhile, pending sales fell flat despite earlier rate drops.

Real Estate News @realestatenews.com · 5d

Real Brokerage revenue up 53% as agent count tops 30k

The company is also bolstering its AI offerings to “reduce manual or low-value processes across the organization,” execs said during a Q3 earnings call.

Real Estate News @realestatenews.com · 5d

When giants buy giants: ‘Ghost ship’ sails on amid portal wars

Trulia went from rival to teammate after Zillow’s 2015 acquisition, but new challengers emerged — including Rocket, with its purchase of Redfin, and Homes.com.

Real Estate News @realestatenews.com · 5d

Zillow unveils messaging tool; AI reno platform launches

Plus, Cloze and Courted announce a new integration; Rayse expands again with SFAR partnership; REA Group nabs iGUIDE as part of Planitar acquisition.

Real Estate News @realestatenews.com · 6d

Sales of new homes lose momentum, giving buyers an opportunity

The share of newly built homes for sale is at the lowest level in four years as builders scale back and existing home inventory rebounds.

Real Estate News @realestatenews.com · 6d

Data ‘fog’ drops odds of lower mortgage rates despite Fed cut

The central bank’s short-term interest rate cut on Oct. 29 was already priced in, economists say, which means mortgage rates may not drop much more.

Real Estate News @realestatenews.com · 7d

CoStar beats revenue forecast, eyes ‘new value opportunities’

Ongoing investments in new tech, marketing and sales teams dragged down the company’s net income in Q3, though YoY revenue growth jumped again by double digits.

Real Estate News @realestatenews.com · 7d

NAR off the hook in Pennsylvania membership lawsuit

The year-old case challenging the association’s membership rules was appealed after a July dismissal; the higher court has now dismissed the suit as well.