Fed signals it may be done raising rates, but Powell won’t talk pivot

Bank failures and potential debt ceiling showdown are wildcards for Fed policymakers weighing their next move as the threat of recession looms.

Zillow, Redfin go head-to-head with new ChatGPT plugins

The plugins will allow users to employ conversational language to ask the chatbot details about specific listings and the kinds of homes they seek to fine-tune their search results.

Anywhere shares seesaw after company reports $138M loss in Q1

The brokerage giant spooked investors with its latest earnings report, in which first-quarter revenues were down 31 percent year over year.

Offerpad narrows losses despite another quarter of falling revenue

Following a dramatic Q4 in which the iBuyer posted losses of $121.1 million, Offerpad improved its net loss by 51 percent to $59.4 million in Q1 as it struggles to adapt to a shifting market.

Zillow begins ‘critical’ year with mounting losses, falling Q1 revenue

Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year earlier during a period that preceded the rate hikes and sluggish sales.

Fannie and Freddie boost profits even as mortgage business tanks

The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years.

Christie’s brings on Islandia as new affiliate in US Virgin Islands

The independently owned Islandia Real Estate is now Islandia St. John Christie's International Real Estate, led by Managing Director Keleigh Rees.

Tenants rage as board votes to hike rent on millions of New Yorkers

Following an emotional hearing disrupted by protestors, a preliminary vote Tuesday by the Rent Guidelines Board set the stage for increases of up to 5 percent for one-year leases, and 7 percent for two-year leases.

Austin Board of Realtors taps Clare Losey as first housing economist

Bringing on Dr. Clare Losey will allow ABoR to produce ongoing reports on all aspects of the Central Texas economy for its 20,000-plus members, their clients, and local policymakers.

‘It is a weird market’: Why ‘highest and best’ could be a deal-killer

Instead of a blanket call for the highest and best offer, listing agents and buyer agents need to get back to the basics of negotiating.

How union strikes like the Writers Guild of America impact real estate

From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry.

Jonathan Klein: These are the big challenges real estate faces with AI

The founder of PropTech Consulting said artificial intelligence can revolutionize the industry, but stakeholders will need to tackle data quality, bias and privacy concerns, among other issues.

Speed and certainty: how Same Day Mortgage works

Approval in one day and closing within ten? It’s not a myth. It’s a service that the team at Guaranteed Rate has developed, and we wanted to learn more. This is a massive value add for buyers, but it’s also a differentiator for listing and buyers agents to know exactly how it works — and […]

$625,000 Homes in Minnesota, Rhode Island and Kentucky

A four-bedroom bungalow in Minneapolis, a one-bedroom condominium in an 1877 mansion in Newport and a brick townhouse in Louisville.

Unlock homeownership with down payment assistance programs 

As a real estate agent, it's not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place.

REACH turns 10: Inside the NAR tech accelerator’s success rate

Since the accelerator launched a decade ago, 80 companies have graduated from the program, according to an Intel analysis. More than 75 percent are still in business and approximately 20 percent have been acquired.

4 common conversations your clients don’t want to have

Communication in all types of circumstances can help to set your services apart. Here's how to approach four common bad-news scenarios and keep your client relationship moving forward.

When the Circus Came to a Ghost Town

Nipton, Calif., has one main road and about two dozen residents. Entrepreneurs with dreams of turning it around have come and gone. Will this time be different?

If You Stop Mowing This May, Will Your Lawn Turn Into a Meadow?

Not necessarily. Two new books offer some advice on what to expect when you decide to leave your lawn behind.

Eyes on inventory as Q1 earnings ramp up following a chilling 2022

Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next.

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