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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. We found that more than 99% of new listings in March included offers to pay the buyer’s agent. Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said.

Agents 369
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Higher rates flip the homebuilders’ fortunes (again)

Housing Wire

They don’t ever have to have the conversation about how low their total payment is in the new home they’re buying, unlike some of their buyers (which explains higher cancellation rates). If sales are working from an elevated number, like what we saw from 2003-2005, it’s a different subject altogether.

Inventory 457
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2023 Maine Year in Review

Lamacchia Realty

If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. Maine Sales Decreased by 18.9%

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Economic Turbulence Prompts Seattle Area Market Concern vs. Year Ago

Will Springer Realtor

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Notably, there are 185% more listings available today across the Eastside of the county compared with February 2022.