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New housing construction drop again in February

Residential housing starts dropped 1.5 percent to a seasonally adjusted rate of 1,599,000 in February, according to a new sales report released Wednesday.

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T3 Sixty cancels real estate summit

In a statement, the company acknowledges the next few months will be "chaotic" in the real estate industry.

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Trump may allow homeowners to delay mortgage payments

The administration did not make clear how borrowers might catch up on payments in the future, however.

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RE/MAX is the latest to suggest canceling open houses

RE/MAX CEO Adam Contos urged the company's agents to take the "global emergency" seriously in a memo.

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Share of first-time buyers reaches highest peak since 1993

According to a market report by Genworth Mortgage Insurance, the number of first-time homebuyers exceeded 2 million for the third consecutive year.

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A historic Ohio home on the market for $0 — if you can move it

The 1846 home in Hudson, Ohio, is free of charge to a good owner, but the new owner will be responsible for costs associated with moving it off its current property.

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How will iBuying fare in a world of social distancing?

The iBuyer business model is uniquely positioned to thrive in a world of social distancing, where people are putting a premium on the ability to conduct business while limiting direct human contact.

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SoftBank may pull out of pledge to buy $3B in shares of WeWork

The Japanese conglomerate has been rapidly losing faith in the co-working space company.

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Need a virtual tour solution now? Here are our top picks

Self-containment and social distancing have made in-person home tours challenging. These top tech picks and tips can help you wait out the unexpected pandemic.

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Email offers biggest returns for real estate marketing: Report

As the coronavirus disrupts face-to-face interactions, more agents may turn to online ads. A new report breaks down where they should spend their money.

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RedfinNow temporarily suspends homebuying amid market slump

RedfinNow, the direct-to-consumer homebuying and selling platform, will not be buying homes for the near future, CEO Glenn Kelman confirmed in a letter to shareholders.

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NYC-based property matching service Localize to connect buyers with agents

Originally aiming to offer New York City buyers an honest look at neighborhoods and buildings, the company has now launched Localize Advantage to help buyers to find their ideal agent.

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Trump administration announces halt on foreclosures and evictions

For now, evictions and foreclosures will be placed on a moratorium until the end of April.

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NAR’s midyear conference goes virtual due to coronavirus

The National Association of Realtors will no longer host its regularly scheduled Realtors Legislative Meetings & Trade Expo in person in May.

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Opendoor temporarily suspends homebuying, citing safety concerns

A spokesperson for the iBuyer said the company's priority is "the safety and well-being of our customers, employees and the general public."

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Refis up 104% year-over-year

Residential refinance mortgages more than doubled in Q4 2019, bringing them to their highest point in nearly seven years.

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How to adapt your real estate team to this new reality

Here's a peek into how Seattle-based Team Diva pivoted its practices in the midst of today's crisis — from changes to marketing, listing processes and everything in between. With this comprehensive...

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How to lead your team through turbulent times

Even though nobody knows what lies ahead, a great leader should be capable of reacting effectively when faced with uncertainty. Here's what excellent crisis leadership looks like in a time like this.

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How to tighten your team’s belt right now

The coronavirus has already significantly affected the economy, and chances are, it'll have an impact on your team, too. Here are a few things you can do to get your financial commitments in shape,...

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10 things every broker should be doing to weather the storm

Things are in a state of flux, and leaders need to step up their game and steer their brokerages in the right direction. Here are a few things every broker should consider when leading through a crisis.

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