'Million-dollar' cities have spiked to a new high in the US: Report
There are now 550 'million-dollar' cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis
Rent is now more affordable than buying in every major US market
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000
by Ben Verde Mar 26
US home price growth accelerates in January at fastest pace since '22
The S&P Core Logic Case-Schiller National Home Price Index tallied a 6% annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday
by Lillian Dickerson Mar 26
Redfin expands new compensation plan to 7 more markets
Redfin Next is available to agents in 7 major markets across the South, Midwest and East Coast. Redfin execs say it will help them navigate market 'ups and downs,' including NAR's settlement
by Marian McPherson Mar 21
Radius Agent's AI tool has been taught compliance standards
The company describes itself as a full-service, modern brokerage that provides real estate professionals and their teams with the support and tools needed to grow their business
by Craig C. Rowe Mar 19
Title technology provider Doma posts $124M 2023 net loss
After a 'transformational year,' CEO Max Simkoff says Doma is well positioned to help lenders take advantage of the Biden administration's push to reduce closing costs for mortgage borrowers
by Matt Carter Mar 13
Case-Shiller is a go-to source for prices — but know these blind spots
Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to fill in the gaps
by Chris LeBarton Mar 11
This first-time homebuyer program is like winning the lottery
California Housing Finance Agency to use lottery system to allocate $220M in 'Dream for All' shared appreciation loans that cover down payments for eligible first-time homebuyers
by Matt Carter Mar 7
Best time to list a home? With high mortgage rates, it's tough to tell
The peak of the spring homebuying season may have shifted to later in the year, at least in some markets, according to new analysis by Zillow
by Ben Verde Mar 7
Want to quit listing appointments? Try this pre-screening strategy
Agent Danielle Lazier quit listing appointments because she was tired of giving away expertise with no reward. Here's how she susses out which clients truly want to work with her
by Danielle Lazier Mar 6
How an FBI negotiator brought this agent back from burnout
Danielle Lazier was at the top of her game, but she was so burnt out, she was ready to quit. FBI negotiator Chris Voss' talk about tactical empathy and emotional intelligence changed everything
by Danielle Lazier Mar 5
Home prices hit high in December as 'solid, steady growth' wins out
Home prices rose 5.5% on an annual basis in December, up from 5% in November, according to dueling data released Tuesday by S&P Global and the Federal Housing Finance Agency
by Ben Verde Feb 27
New credit scores from FICO, VantageScore gaining traction
Lenders won't be required to use the more inclusive FICO Score 10T and VantageScore 4.0 scoring models before next year, but several are already using them to expand the pool of borrowers
by Matt Carter Feb 14
Top Bay Area team boomerangs back to Compass from Side
Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they're bringing 4 additional team members back to Compass with them
by Jim Dalrymple II Feb 13