After rising 8% in August, pending home sales dropped 2.3% in September, according to NAR’s pending home sales index report released on Thursday.
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As business leaders, real estate brokers can identify new approaches and cultivate a culture that equips and empowers agents to better serve diverse communities.
Several analysts commented that, due to the heavy influence of ibuying, revenues on Zillow‘s performance could be impacted for years. It shows the lack of understanding by Wall Street of the residential brokerage industry given the fact that ibuying was not a core contributor to Zillow‘s earnings.
Zillow paused iBuying after rapidly accumulating billions of dollars in debt and thousands of unsold homes. How did it happen? And what happens next? We explore. HW+ Premium Content
The Case Shiller index showed a 19.8% annual home price gain for the year ending in August 2021, flat from July. This remains the highest annual rate of price growth since the index began in 1987.
Having trouble getting real estate agents to recommend your mortgage services? An industry leader offers his tips for success.
Real estate brokerages and mortgage lenders made a killing with JVs in 2020. But margins are compressing and the CFPB is expected to take a closer look at RESPA issues under Rohit Chopra. Is the JV window closing? HW+ Premium Content
For the fifth consecutive month the number of bidding wars on home sales declined, down to 58.9%, according to a new report from brokerage Redfin.
New product by Inside Real Estate aims to help brokers and agents retain clients by putting them at the center of the relationship.
Today’s RealTrending features an interview with Chris Kelly, president and CEO of Ebby Halladay Companies, part of Berkshire Hathaway HomeServices of America in Texas and Christian Wallace, head of real estate for Better, based in New York. These leaders were featured on a panel at HousingWire Annual in Frisco, Texas, discussing the importance of core services in real estate brokerage today.