Compass is formalizing its international ambitions without turning itself into a global brokerage. The company on Sept. 14 launched the Compass Global Division, an internal network designed to connect U.S.-based clients with vetted real estate professionals for...
For most of my career around housing, we have talked about a real estate agent’s value as though it were one thing. It isn’t. An agent may help a buyer understand a market, find properties, arrange showings, evaluate price, write an offer, negotiate terms,...
Rocket Companies announced a new CEO for Redfin on Monday morning. Normally, I would consider that an executive personnel story and move on. This one caught my attention because of who Rocket hired and, more importantly, what Rocket said it wants him to do. Alessio...
For most people in real estate and mortgage, closing day has always carried a sense of finality. The papers are signed, the keys change hands, commissions are paid, the loan funds and everybody moves on to the next transaction. The homeowner, of course, doesn’t...
The late-summer housing market is giving buyers something they have spent much of the past several years waiting for: leverage. Whether enough buyers can afford to use it is another question. New listings rose 0.4% from the previous week during the four weeks ending...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
