The appointment was one of many leadership announcements the National Association of REALTORS® made at its annual convention in Orlando, Florida. 

Downsizing from a four-bedroom home to a two-bedroom home in the Seattle area would save the typical homeowner nearly $298,000.

The company will let go of 862 employees and eliminate the roles of another 218 people, Redfin CEO Glenn Kelman said.

The new chief executive previously served as CEO of the Women’s Council of Realtors®. 

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report.

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

The technology survey offers insights into how Realtors value technology and use social media.

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field operations. 

September is the fourth month in a row to see declining sales activity. 

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

Washington ranked No. 9 on the safety list overall.

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

In Seattle, home prices posted a 9.9% year-over-year gain in August, compared to a 14.5% gain in July. Month over month, prices fell 3.9%.

The only other time the market saw such change was at the beginning of the pandemic.