The Pre-Marketing Rush Is Reshaping Listings—and the MLS Record

In a matter of weeks this quarter, all the major brokerages partnered with portals to pre-market their listings. Compass routed its pre-market listings to Redfin; Zillow formed its own coalition—with Keller Williams, Berkshire Hathaway HomeServices, RE/MAX, United Real Estate and Side—as it launched

Consumer Report Finds Compass Growing Market Share, Predicts More Double-Ended Deals

Compass is big—historically big. That is something that no one in the industry is disputing. After its acquisition of Anywhere and all that company’s brands, Compass International Holdings (a new parent company overseeing all these new subsidiaries) oversees somewhere in the range of 80,000 agents,

Dip in Rates Supports Home-Purchase Application Activity Uptick

Indexes tracking home-purchase and refinance application activity both saw increases this week, supported by a 9-basis-point decrease in mortgage rates last week that followed easing of tensions in the Middle East.  According to the latest Market Composite Index from the Mortgage Bankers Association

A Pied-à-Terre Power Play Is Happening in New York, With Mamdani and Hochul Floating Tax on Rich, Second Homeowners

New York Gov. Kathy Hochul said Tuesday she intends to propose a new tax on New York City second homes worth $5 million or more, reviving a long-debated idea as pressure builds to raise revenue from the city’s wealthiest residents. “As Governor, I understand the importance of stabilizing the city’s