News / Features

Redfin cuts 13% of its workforce, eliminates RedfinNow

The company will let go of 862 employees and eliminate the roles of another 218 people, Redfin CEO Glenn Kelman said.

Residential Real Estate Council hires new CEO 

The new chief executive previously served as CEO of the Women’s Council of Realtors®. 

Homebuyer demand stabilizes as mortgage rates dip

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report.

A whale of a good time — in British Columbia

Vancouver Island is great for whale watching. But at this home, you won’t even need to leave the front porch!

A literal treehouse in Pismo Beach

Within the city of Pismo Beach, an authentic treehouse stands tall — and it’s currently listed for $3.8 million.

Dallas named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth 

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

Greater percentage of Realtors® incorporating Instagram and LinkedIn into their work

The technology survey offers insights into how Realtors value technology and use social media.

PulteGroup COO to retire next year 

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field operations. 

NAR: Pending-home sales drop 10.2% in September 

September is the fourth month in a row to see declining sales activity. 

Mortgage rates top 7% for first time since 2002 

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

New-home sales resume downward trajectory in September 

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

MBA: Mortgage applications fall as 30-year fixed hits 21-year high

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller 

In Dallas, home prices posted a 20.2% year-over-year gain in August, compared to a 24.7% gain in July. Month over month, prices fell 1.9%.

Home sales, listings take biggest hit on record

The only other time the market saw such change was at the beginning of the pandemic. 

NAR: Existing-home sales fall for eighth month in a row in September 

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

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