National News

Federal Reserve approves first rate cut in 11 years
Federal Reserve approves first rate cut in 11 years

The cut will likely lower the interest rates that consumers and businesses pay on many types of debt, including mortgages. But since financial analysts had been expecting the Fed to reduce rates for some time now, the rate cut is

With new funding round, Compass may soon go public
With new funding round, Compass may soon go public

An initial public offering of Compass stock is expected within the next 24 months, according to at least one tech source. As some of the more traditional brokerage models struggle, does this move matter for agents?

Pending home sales finally grow year-over-year in June
Pending home sales finally grow year-over-year in June

The National Association of Realtors’ Pending Home Sales Index broke a 17-month streak of year-over-year declines to log an annual increase in June. Last month also marked the second month in a row in which nationwide pending home sales grew,

Economists: Recession likely in 2020 but housing won’t tank
Economists: Recession likely in 2020 but housing won’t tank

A poll of more than 100 real estate economists and experts finds half of the respondents think a recession will begin in 2020. Learn about their reasons for such assertions and predictions for the housing market overall in the next

Down payment assistance gains favor with buyers
Down payment assistance gains favor with buyers

As housing costs have continued to grow faster than the average buyer’s income, more are tapping into resources that can lower the substantial up-front costs of purchasing a home. But that could bring some major changes and a degree of

Expert advice for families moving to a new neighborhood
Expert advice for families moving to a new neighborhood

What do kids need in a new home? Experts in family studies, psychology and household finance provide insight on some key elements that real estate agents’ clients should consider if they are searching for property with a family in mind.

What do agents actually think about their income?
What do agents actually think about their income?

Ninety-nine percent of agents told researchers they are proud of what they do. But just 21 percent said they would recommend the career to

Despite uncertainty, June new-home sales grow over last year
Despite uncertainty, June new-home sales grow over last year

While sales of existing homes continue to underwhelm, housing market analysts are feeling more optimistic about new construction. The Census Bureau reported new-home sales in June came 7 percent above the revised sales pace for May, and 4.5 percent above

Can Amazon revive Realogy? Ecommerce giant launches broker partnership
Can Amazon revive Realogy? Ecommerce giant launches broker partnership

Anyone who’s bought a home knows that it’s usually only a matter of days after closing that their mailbox is inundated with marketing materials. The idea from Amazon is to give consumers an incentive to use an agent through one

June home sales slip as affordable homes sell out
June home sales slip as affordable homes sell out

The national existing-home market nearly gave up the ground won in May with a less-than-stellar showing for June sales, according to the National Association of Realtors. Sales of existing homes in June came in 1.7 percent below the previous month’s

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