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Opendoor announced on Wednesday that it is laying off 550 employees, or about 18% of the company, due to the challenging real estate market.

Temporary rate buydowns are not new, but many loan officers may not be familiar with the option. Historically, periods where they gain popularity can usually be attributed to surging rates. 

Given the market upheavals in the years since the COVID-19 pandemic, looking forward and analyzing trends is more important than ever. We’ve combed the report to bring you the highlights and can’t-miss information that will impact your business in 2023. 

Sometimes, affordability has nothing to do with a home being affordable. Regardless, there are steps we must take immediately to fix the housing affordability issue.

Social media remains Realtors’ top lead-generating technology tool, with 46% reporting it was their number one generation source.

A Redfin report says one in four homebuyers are looking to move to a new metro area – and Sacramento and Miami are the most popular.

New home sales are now below the recession levels of 2000 and have fallen all the way to 1996 levels, when interest rates were near 8%.

Ultimately, the success of your price model is greatly dependent on your knowledge of the marketplace and the comparables.

A relationship between a real estate broker/agent and a developer can generate business for both parties. Here’s who to make the relationship work.

Today’s RealTrending podcast features Casey Bryan, president of Berkshire Hathaway HomeServices Florida Properties Group to talk about how the brokerage is preparing for tomorrow’s market and how they are shifting their focus to new lines of revenue and agent training.