The new firm will be called the Stegeman/Gill Real Estate Group after the principals Bill Stegeman and Scott Gill. 

“As the saying goes, ‘always be marketing.'” — Jennifer Swoope, real estate agent, Jennifer Swoope Real Estate

The three-person team was previously affiliated with Dave Perry-Miller Real Estate. 

The association will be led by 2025 President Johnny Mowad of Ebby Halliday REALTORS®. 

The latest National Association of REALTORS® Confidence Index Survey found that 16% of respondents expect a year-over-year increase in buyer traffic in the next three months, compared to 13% a month earlier.

The strategic acquisition expands COMPASS’ Gulf reach from Texas to Florida and brings with it a brokerage that closed $3.6 billion in transactions last year. 

Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate professionals.

Nationally, investors bought a record 18% of homes sold in the third quarter of this year, and they are increasingly turning to single-family homes, according to Redfin. 

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market. 

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German shepherd named Gunther VI recently listed the former Miami estate of Madonna for $31.75 million, according to a press release.

@properties is continuing its expansion strategy on an international scale, announcing today its plan to purchase Christie’s International Real Estate.

Zillow announced today it’s ending its iBuyer service, Zillow Offers, and cutting roughly a quarter of its workforce, citing the volatility the service created for the online brokerage as the motivation for the move.