National News

The week’s biggest real estate winner was Redfin, which saw its stock nearly double.

Compass is in “advanced talks” to acquire competitor HomeServices of America, per The Wall Street Journal. But the HomeServices of America CEO says it isn’t true.

Matthew Cenedella replaces John Pierpoint, who will retire at the end of the month after nearly 40 years with the association.

The acquisition was described as an all-stock transaction.

Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said.

After a month-long delay, the 25% tariffs on goods from Canada and Mexico have gone into effect. Additionally, President Donald Trump signed an executive order increasing tariffs on imports from China to 20%.

Now that President Donald Trump’s tariffs are beginning to take shape, homebuilders are wary.

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.

Yun expects mortgage rates to drop to 6% by the end of the year.

Scott Turner, President Donald Trump’s pick to lead the Department of Housing and Urban Development (HUD), was confirmed to the role in a 55-44 vote.

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C.

What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?

The median existing-home price for all housing types in December rose 6% from its year-ago level.

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

After less than a year in the role, Amy Lessinger is exiting her position as president at RE/MAX, effective Jan. 17.