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CoStar makes ‘best and final’ $1.8B offer for REA Group rival

USA Real Estate News-Inman - Thu, 2025-03-27 11:51
CoStar Group is one step closer to purchasing Australia's second-largest real estate classifieds firm, Domain. Australian newspapers reported that CoStar founder and CEO Andy Florance spent several days in Sydney with Domain's owners.

How Are First-Time Buyers Faring as Mortgage Rates Hold Steady?

USA Real Estate News-RISMedia - Thu, 2025-03-27 11:41

Mortgage rates ticked down a little this week as experts point to ongoing stability in rates being a plus for some buyers, while still presenting challenges to first-time buyers. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.65%, down slightly from last week’s average…

The post How Are First-Time Buyers Faring as Mortgage Rates Hold Steady? appeared first on RISMedia.

Op-Ed: Keeping Up With the Joneses

USA Real Estate News-RISMedia - Thu, 2025-03-27 11:19

Is anyone Keeping Up With the Joneses anymore? The popular phrase, coined by a comic strip of the same name created by Arthur R. “Pop” Momand in 1913, refers to the phenomenon associated with people comparing themselves to their neighbors and striving to maintain a similar lifestyle—often accompanied by acquiring material possessions to appear equally…

The post Op-Ed: Keeping Up With the Joneses appeared first on RISMedia.

Pending home sales tick up as buyers make cautious comeback

USA Real Estate News-Inman - Thu, 2025-03-27 10:58
The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year.

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

USA Real Estate News-Inman - Thu, 2025-03-27 09:54
Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service.

ERA hits a home run with Major League Baseball campaign

USA Real Estate News-Inman - Thu, 2025-03-27 07:00
Starting March 27, ERA will be running ads on Major League Baseball's streaming platform, MLB.TV. The campaign also includes more than a dozen in-stadium events and local baseball opportunities for ERA affiliates.
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