Posts by John Yellig

Redfin CEO Glenn Kelman steps down after Rocket integration

The longtime executive said he was leaving now that the company has completed its integration with Rocket Companies, which acquired it last...

Trump’s proposed ban on institutional home ownership raises more questions than answers

President Trump's proposal to ban investment firms from buying single-family homes is unlikely to have a major impact on affordability, observers...

2026 outlook: Returning to normal

Slow but steady improvement in inventory, sales and affordability is the consensus outlook for residential real estate in...

NAR: Pending home sales post best performance since February 2023

Contract signings were up in all four U.S....

Builder confidence ticks up after December rate cut but remains negative

The NAHB's monthly survey found the nation's homebuilders remain optimistic about home sales next...

Fed cuts rates again, despite growing division among members

The move was expected, but came amid increasing dissention among Fed officials, who voted for the cut by the sharpest division in six...

Average buyer’s agent commission jumps in Q3

The average commission was up from a recent low in third quarter 2024 that followed the NAR...

Cotality: Home-price growth slips to slowest pace since 2012

Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy...

Pending home sales climb 1.9% in October

By region, sales rose in the Midwest, Northeast and South but fell in the...

NAR to drop membership requirement for MLS access on Jan. 1

The association made local MLSs responsible for deciding whether non-Realtors may access their platforms as part of a suite of changes aimed at reducing antitrust...

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