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CaseShiller

Case Shiller: 5.5% Annual Home Price Gain in December, Following Similar November Increase

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in December, up from a 5% rise in the previous month. The data released Feb. 27 for December 2023 also shows that 17 out of the 20 major metro markets reported month-over-month price decreases.  […]

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Big Brokerages Shift Gears in Latest Commission Suit Response

On Feb. 26 a handful of real estate giants, including Compass, Redfin, United Real Estate and Douglas Elliman responded for the first time to the oldest—and largest—Burnett copycat case, revealing how the industry has evolved in its legal strategies against allegations of price-fixing and conspiracy in the wake of a $1.8 billion judgment last year.

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SpotX Rent Prices Consistently Declining Drop To Start the New Year

Rent Prices Consistently Declining, Drop to Start the New Year

January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 Rental Report. Renters are experiencing much-needed relief, although prices are still 18.3% higher than pre-COVID. There is strong demand for rental units, and not nearly enough of them accessible in markets across the country. The

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Agent Empowerment Beyond the Verdict: Know Your Worth

The recent legal verdict involving the National Association of REALTORS® (NAR) has sent shockwaves across our industry, sparking concerns among brokers and managers. In a candid forum aimed at addressing these concerns and supporting agents through this turbulent period, I shared a crucial perspective: It wasn’t 8 million, 80,000 or even 80 people who decided

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New-Home Sales Start 2024 Strong, Rising 1.5% in January

As the housing market correction continues to unfold in 2024, with inflation slowing and mortgage rates leveling out, new-home sales saw continued growth in January after a bounce-back in December.  New-home sales registered at a rate of 661,000 in January, 1.5% above December’s rate of 664,000 and up 1.8% year-over-year, according to the latest data

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