Think New Homes Cost More? Not Right Now.
Most people think a newly built home costs more than an existing one. But right now, that’s actually backwards. Newly built homes are more affordable than existing ones in a lot of markets. And that’s because builders are cutting prices and stacking on incentives to try to keep their inventory movin
Mortgage Rate Shock Stalls Housing Market as 8-Month Growth Streak Collapses
Stubbornly high mortgage rates finally took their toll on buyer demand in August, snapping an eight-month streak of pending sales growth even as sellers slashed prices. The share of listings in pending status fell 0.2% from a year ago, marking the first negative readout since November 2025, accordin
Compass Settles Lawsuit With Northwest MLS in Deal To Allow ‘First Look’ Preview Listings
Compass Inc. has settled a longstanding legal dispute with the Northwest Multiple Listing Service, the MLS that covers parts of Washington and Oregon. The settlement of the 17-month-long lawsuit between the brokerage giant and the Pacific Northwest's principal MLS allows Compass to maintain a pre-ma
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