Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with some metros seeing active inventory double vs 2019
California Governor Gavin Newsom has signed the state's 2025-2026 budget, which offers environmental review exemptions for critical housing and infrastructure projects
Compass CEO Robert Reffkin has taken to Instagram and LinkedIn to further criticize Zillow's listing ban, saying the portal has leveraged off-market business tactics to bolster past ventures
Affinity groups and inclusion leaders told Inman that by shifting potential liability away from local and state Realtor groups, brokerages will now be expected to rule on certain ethics complaints
The Senate confirmed Department of Housing and Urban Development Chief of Staff Andrew Hughes as deputy secretary. Hughes also worked under former Secretary Ben Carson
The Zillow-owned portal appeared to shed listings Wednesday after the Fairness in Apartment Rental Expenses Act became law, but a spokesperson insisted daily fluctuations are common
New York City's broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill's enforcement but failed
Boutique firm Acre & Estate has joined Coldwell Banker Hearthside. The merger extends Coldwell Banker Hearthside's reach from 11 to 14 offices throughout Pennsylvania and New Jersey
Zillow Rentals has partnered with third-party artificial intelligence company EliseAI to power its chatbot for renters and property owners. EliseAI will answer questions, schedule tours and more
At Fortune's Workplace Innovation Summit, Zillow Chief People Officer Dan Spaulding praised the portal's Cloud HQ and how it's boosted employee productivity and morale
The LGBTQ+ Real Estate Alliance released its fifth annual report on Thursday, which highlighted the rise of anti-LGBTQ+ legislation and anti-LGBTQ+ discrimination from agents
Unable to attend NAR midyear in person, President Donald Trump sent a 2-minute video lauding Realtors' work and praising his One Big Beautiful Bill Act
Zillow Group began notifying brokers on May 28 about listings that weren't aded to the MLS within 24 hours of being publicly marketed but declined to share how many notices have been sent
Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies
Scammers posing as wealthy homebuyers are roping agents into elaborate crypto investing schemes, resulting in some agents losing their life savings and drawing Secret Service scrutiny
Months after streamlining its communications and PR department, the National Association of Realtors has tapped 2 journalism and public relations veterans to lead its comms strategy
Redfin will begin banning listings that aren't added to the MLS within 24 hours of being publicly marketed. The announcement comes 2 days after Zillow Group shared its ban timeline
Fear is fueling agents' resistance to AI, but brokerage and proptech leaders say agents can overcome their concerns by approaching the technology with genuine curiosity
Keller Williams VP of Strategic Content Jay Papasan has penned a new book outlining how new agents can build a lasting sales career. Available for pre-sale, it will officially debut in September
The majority of the US's 100 largest markets are struggling to improve affordable housing levels, resulting in fewer purchasing options for middle- and lower-class Americans compared to 2019
