AJ LaTrace
Director, News Reporting at Real Estate News
Current: @RealEstateNews Previous: @BusinessInsider, @ChicagoMag, @Curbed aj at realestatenews dot com
Articles
-
2 weeks ago |
realestatenews.com | AJ LaTrace
Key points:RetroRate formally launched this month in 10 states, including California, Texas, Florida and North Carolina. The company's analysis of MLS and property data suggests that between 20% and 25% of homes on the market have assumable loans. “Our goal is to make assumable loans just another financing type, like a 30-year fixed or a 5/1 ARM,” founder Andy Taylor told Real Estate News.
-
2 weeks ago |
realestatenews.com | AJ LaTrace
Key points:Investor home purchases accounted for 13% of all home sales in 2024, according to a Realtor.com report. Meanwhile, investor selling hit a record high last year, resulting in “the smallest net investor buying activity in five years,” according to Realtor.com Chief Economist Danielle Hale. While market activity by large investors scaled back sharply, small and medium-sized investors gained momentum.
-
3 weeks ago |
realestatenews.com | AJ LaTrace
Key points:Compass gained significant market share in Chicago with its acquisition of @properties, but Baird believes he has an advantage as an invested local leader. “When your name's on the door and you're paying the bills … you're a lot more focused,” Baird told Real Estate News. He disputes Compass’ contention that private listings are about seller choice, calling it “BS,” and he doesn’t foresee a major battle over office exclusives in Chicago.
-
3 weeks ago |
realestatenews.com | AJ LaTrace
During Compass' national retreat in Denver this week, CEO Robert Reffkin delivered a defiant keynote address which touched on several core themes of the brokerage's business strategy, including the company's commitment to "seller choice" when it comes to listing off the MLS — an issue Compass leadership has doubled down on in recent months — and the use of AI technology to boost agent productivity and efficiency.
-
3 weeks ago |
realestatenews.com | AJ LaTrace
The total value of homes listed for sale in the U.S. surged to $698 billion in April, a 20.3% increase from the same time last year, a new report from Redfin found. This new record total comes as supply continues to increase, homes linger on the market longer and buyer demand remains tepid, the Seattle-based brokerage noted.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →Coverage map
X (formerly Twitter)
- Followers
- 4K
- Tweets
- 19K
- DMs Open
- No
RT @realestatenews: At NAR meetings, internal strains find way onto DC agenda https://t.co/TMIt5vLLix #realestatenews #realestate
The big news here is that the updated disclosure spells out risks to sellers who don't go to the MLS. Instead, an exclusive listing could reduce "the number of potential buyers who can learn about the property," "the number of offers" and "the final sale price for the property."
NEW: Compass is introducing an “enhanced” disclosure form for its delayed marketing strategy. The form lays out the potential benefits — and risks — of listing off the MLS as the brokerage continues to tout its 3-phased marketing strategy. https://t.co/UOVXIa2BUC
My colleague @DaveRENews has been crushing it on his court coverage and frequently catches and reports on new developments in important industry cases before other real estate trade publications. He deserves all of the kudos for his hard work. https://t.co/sIqWflatHL
