National News
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New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
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According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.
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Other settlements are still awaiting final approval, including the $418 million settlement with NAR.
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Zillow attributes this trend to a growing sense of nostalgia for easier times.
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Yun expects existing home sales to show gains in 2024, 2025 and eight of the next 10 years.
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NAR previously said the changes were expected to start in mid-July.
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The typical amount donated annually was $1,000, up from $800 in 2022.
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According to MLS data, Caballero sold 7,012 homes totaling $3.638 billion last year — that averages out to over 19 homes sold every day.
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HomeServices of America is the last defendant to settle in the case.
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CoStar Group Inc., a global real estate information marketplace, will acquire Matterport, which pioneered the development of “digital twins”: the 3D capture method which can deliver photorealistic, virtual home tours.
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The survey also revealed that 22% of builders cut home prices this month, down from 24% in March and 36% in December.
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NAR and other housing groups backed the lawsuit and submitted statements to the justices.
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An appeals panel ruled the DOJ could resume its antitrust investigation into NAR.
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Dallas is one of the best cities in the country to save and make money on a fixer-upper, a new report found.
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Pareja replaces former CEO Glenn Sanford, who will maintain his roles as founder, chairman and CEO of eXp World Holdings.
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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.