Real Estate News by RealEstateNews.com
网页Tech Bytes: News from Restb.ai, @properties, MetroList and Lundy. Expansion connects Restb.ai’s vision tools to nearly three-quarters of a million MLS members; productivity-focused Pipeline added to @properties “pl@tform.”. Real Estate News Staff. September 13, …
Lower rates attract refinancing — are home buyers next?
网页4 天之前 · The 30-year fixed-rate mortgage averaged 6.08%, down slightly from last week's 6.09%. The 15-year fixed-rate ticked up to 5.16%. Applications for mortgages jumped this week, but most of it came from those looking to refinance, according to the Mortgage Bankers Association. MBA's refinance index rose …
New home sales may have hit a rates-related speed bump
网页5 天之前 · New home sales came in at a seasonally adjusted annual rate of 716,000 last month, according to estimates from the U.S. Census Bureau. That's down 4.7% compared to July but still robust compared to a year ago when the annual rate was at 652,000. The median price for the new homes sold last month was $420,600, down 4.6% compared to a …
Buyers backing out of deals in record numbers as market shifts
网页2024年7月24日 · More buyers are backing out. According to the Redfin report, roughly 56,000 home purchase contracts were canceled last month, which Redfin says is more than any other June on record. And the main issue, Redfin researchers and agents suggest, is housing affordability and the steep costs to purchase. "Buyers are …
Newer brokerages take top spots in Mega 1000 rankings
网页2023年4月25日 · Several of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass. Compass has taken the top spot for the third year in a row, with a 2022 sales volume of $228 billion. Anywhere Advisors, HomeServices of America, eXp and Douglas Elliman rounded out the top five.
Trends 2024: Big brokerages are scooping up more deals
网页2024年1月29日 · Not only is an increasing share of sale volume concentrated among the largest brokerages, but the latest data shows that the biggest players also complete a growing share of transactions. The 1,000 largest brokerages accounted for 45.0 percent of all transactions in 2022, up from 36.3 percent in 2017. Moreover, the nation's 100 largest ...
Trends 2024: The 4 main brokerage models, and how they’ve …
网页2023年12月11日 · Editor's note: Since 2006, the Swanepoel Trends Report has provided in-depth research and analysis to help leaders understand the forces shaping residential real estate.This exclusive series of excerpts highlights each trend featured in the 2024 report, which was released in November 2023. 4 Primary Brokerage Business Models: The traditional way of operating a brokerage company has endured for ...
Top 1000 Brokerages (Mega 1000) by Sales Volume
网页Highlights. Compass moved into the top spot with $254.2 billion in sales volume, surpassing Realogy Brokerage Group's (rebranded as Anywhere in June 2022) $243.9 billion. HomeServices of America ranks No. 3 with $198.7 billion in sales volume. Collectively, the sales volume of the nation's five largest residential brokerages rose by more than ...
Redfin ramping up, sees a brighter spring ahead
网页6 天之前 · The Redfin Next program is scheduled to go nationwide on Oct. 27 — faster than originally planned — to make sure it can ramp up for the spring 2025 homebuying season. Aleem said Redfin expects to add "hundreds" of new agents in the coming months because of the program, which offers splits as high as 75% and covers nearly all business ...
Brokerage Beat: News from Real, The Agency, ERA, eXp, Coldwell …
网页2024年4月6日 · The Real Brokerage adds 13 offices from U.S. and Canada in March. The Real Brokerage Inc. added 13 high-performing offices during March. Three of the brokerages – F3 Home Team of Jacksonville/St. Augustine, Florida; River City Elite Properties of Richmond, Virginia; and the Nussbaum Team of New Jersey – all topped $100 million in sales in 2023. Real has more than 16,000 agents throughout ...