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San Francisco-based OWN Real Estate makes the leap to Keller Williams

Housing Wire

San Francisco-based real estate team OWN Real Estate joined Keller Williams , the company announced on Wednesday. Founded by Wilson Leung, the team has 19 real estate agents and six staff members. In 2022, OWN Real Estate sold 80 homes, amounting to more than $107.1

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Opinion: Real estate is already changing, despite commission lawsuit’s outcome

Housing Wire

Phillip Cantrell is the CEO of Benchmark Realty LLC based in Franklin, Tennessee and the executive vice president of Strategy for United Real Estate. No big deal, except for one thing: Almost all MLS information is already syndicated with every large real estate portal. Look around. It’s already happening. Point taken.

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Typical homebuyers made $107,000 annually, used a real estate agent in 2023: NAR survey

Housing Wire

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. It was the highest share of all-cash transactions recorded since 2014. Meanwhile, in September, one-third of U.S.

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Tracy Kasper officially installed as NAR’s new president

Housing Wire

The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim, California, last week. She is a former president of the Idaho Association of Realtors. NAR also officially appointed Kevin Sears as its 2024 president-elect.

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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The real estate market has shifted, and we are in a new housing paradigm. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Another measure the housing market, is whether a Realtor had a client who had a distressed sale in the last month.

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Dave Mele exits as Homes.com president

Housing Wire

Dave Mele, president of Homes.com since 2014, has left CoStar Group to pursue “an opportunity outside of the real estate industry,” he confirmed to Real Estate News on Friday. We wish him the best of luck in his future endeavors.“

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Newest commission lawsuit doesn’t seek class-action status

Housing Wire

The real estate industry is facing yet another commission lawsuit , but this time the plaintiff is not seeking class-action status. Although REBNY is not affiliated with a Realtor association, it did previously have a rule in place with the same compensation requirement. In a lawsuit filed Thursday in the U.S.