Additionally, the platform said it received 826 letters of support from real estate brokerage leaders, of which 59% were from independent firms.   

In Phoenix, home prices inched 0.42% higher year over year and slipped 0.53% month over month in August.    

The brokerages said the new platform, Open Real Estate, will boost market transparency as it comes under threat from private listings. 

ARMLS, bridgeMLS, Canopy MLS, Doorify MLS, Hive MLS and REcolorado filed a joint complaint with the United States District Court in New York’s Southern District, alleging that Compass policies give the brokerage an unfair advantage by withholding properties from the public.

The 10-month program prepares Realtors active in the association for future leadership roles. 

Economists were expecting a monthly decline in the annual sales rate. 

The increased borrowing costs helped drive down mortgage applications in the week ended Oct. 2, the Mortgage Bankers Association said. 

News of the merger initially surprised the real estate industry this June, when it was announced that Bed Bath & Beyond would acquire Fathom in an all-stock deal valued at over $53 million.

In 17 out of the past 19 months, U.S. homebuilders have sold at a discount compared to existing-home sales.

The Census Bureau also measures household income after accounting for taxes and credits.

Doherty is one of 10 finalists in NAR’s 27th annual Good Neighbor Awards.

According to the survey, 67% of respondents said they are using emerging technologies such as AI but are still learning how to use them effectively.

New-home inventory fell to its lowest level since December. 

The acquisition adds almost 2,000 agents to the HomeSmart network, bringing it to over 27,000 agents nationwide.  

Longer-term interest rates, such as mortgages, have largely priced in this latest increase and are not expected to have much of a reaction to the news.

The campaign, which Realtor.com launched at SXSW in 2025, aims to encourage officials to take advantage of the 21st Century ROAD to Housing Act to streamline the homebuilding process.