Cape Cod Real Estate News

Kinlin Grover Compass


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The May Issue of Real Estate Magazine Is Now Live

Consumer News

The May issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at RE/MAX with the brand’s executive leadership team sharing how it has laid the groundwork for a forward-focused RE/MAX revolution. Also, in RISMedia’s latest Broker Confidence Index, the nation’s brokerage leaders… …more

30

Denver’s inMotion Group Properties Aligns with RE/MAX

Consumer News

Above, from left, Jacqueline Solares and Jorge Chavez RE/MAX has officially announced that it has brought Denver-based inMotion Group Properties, owned by team leaders Jorge Chavez and Jacqueline Solares, to its brand. Now operating as RE/MAX inMotion, the team of 37 professional real estate agents will continue serving buyers and sellers throughout the Denver metro.… …more

30

Data Reveals Best Month and Days of the Year to Sell a Home

Consumer News

A recent report by ATTOM Data showed that May was the best month of the year to sell a home, with the highest seller premium out of any month. May also contained the top two days to sell a home. May was followed by February and then April, respectively, as the second and third best… …more

30

Mortgage Applications Drop for Third Consecutive Week

Consumer News

Applications for home purchases saw more declines of late, falling for the third-straight week amid tariff and trade uncertainty and mortgage rates holding steady at an elevated 30-year average. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending April 25, the Market Composite Index (a measure… …more

30

CoStar CEO Andy Florance Calls Zillow’s Private Listing Policy ‘Aggressive,’ ‘Desperate’

Consumer News

Above, Andy Florance In its Q1 2025 earnings call, CoStar Group Founder and CEO Andy Florance touted Homes.com’s growth, the completed Matterport acquisition and spent significant time calling out Zillow’s move to ban some privately marketed listings. Criticizing “the power grab Zillow was attempting,” Florance said that “competitors are becoming anxious that brokers with more… …more

30

March Pending Home Sales See Biggest Jump in Over a Year, but Volatility Likely to Continue

Consumer News

Contract signings for previously owned homes surged last month as rates retreated from the first two months of 2025—buyers appear ready to jump, but experts say the rise in rates and tariff uncertainty this month may not allow for the sustained comeback that consumers seem to be ready for.  U.S. pending home sales increased a… …more

30

Flat Inflation Data Overshadowed by Tariffs

Consumer News

Tariffs are expected to have an inflationary impact on the economy—and have driven down consumer confidence—but the latest data from March showed a reprieve from inflation. The Personal Consumption Expenditures (PCE) Index, maintained by the Bureau of Economic Analysis and the Federal Reserve’s preferred inflation measure, remained flat from February to March. Both the price… …more

30

Bill Abolishing Florida Real Estate Commission Likely Dead, REALTOR® President Says

Consumer News

Above, Tim Weisheyer A proposed bill that would have abolished the Florida Real Estate Commission (FREC) appears to be dead, according to Tim Weisheyer, president of Florida REALTORS®, which strongly opposed the bill. The proposal—which Weisheyer says was attached to multiple different pieces of legislation over the past few weeks, using a state-specific amendment process—would… …more

29

Building Strong Teams Through Culture, Growth, Integrity and Vision

Consumer News

In the latest RISMedia webinar—“Lessons In Leadership”— moderator Dave McGhee, a nationally recognized business coach and keynote speaker with Buffini & Company, interacted with Greg Chaplain, team leader at Real Estate Home Team at The Real Estate Group for a candid conversation on leadership, culture and growth. They delved into the core principles that guide… …more

29

Weichert Named to Franchise Business Review’s 2025 Top Low-Cost Franchise List

Consumer News

Weichert Real Estate Affiliates, Inc. has announced it is one of 50 companies to be named a 2025 Top Low-Cost Franchise by Franchise Business Review (FBR).  More than 12,000 franchisees representing 125 low-cost brands participated in FBR’s satisfaction survey, and the brands named to the Top Low-Cost Franchises list received high satisfaction scores from franchisees,… …more

29

RE/MAX Names Daniel Dennis SVP of Sales and Service

Consumer News

Above, Daniel Dennis RE/MAX® has announced that Daniel Dennis has joined its brand as senior vice president of Sales and Service. With nearly 20 years of real estate leadership, Dennis brings operational expertise and a track record of driving growth and improving agent performance, the company said.  In his new role, Dennis will focus on… …more

29

Home Price Growth Slows, With Affordability Weighing on Sun Belt

Consumer News

Despite consumers’ current wariness about the economy, the latest data on home prices shows that sentiment has not caught up as of February 2025. On the contrary, the trendline of recent months shows relatively consistent price growth. According to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, home prices increased annually by 3.9% in… …more

29

Leveraging Connections to Empower the MLS and Support Valued Members?

Consumer News

At Stellar MLS, one of our foundational principles, or what we call “Always Principles,” is that we succeed when brokers do. With spring’s arrival, the market is gaining momentum as buyers begin to push through challenging interest rates, creating new opportunities for success. In Florida, inventory has risen 27%, home prices are stabilizing and brokers… …more

29

Anywhere Touts Luxury, CEO Calls Industry Consolidation ‘Inevitable’ on Earnings Call

Consumer News

In another up-and-down earnings call, Anywhere Real Estate on April 29 reported financial results for the first quarter ended March 31, 2025, which included revenues of $1.2 billion, an increase of $78 million year-over-year. At the same time, the company reported a net loss of $78 million, an improvement of $23 million year-over-year. Closed transactions… …more

29

Consumer Confidence Sinks Again Under Tariff-Driven ‘Pervasive Pessimism’

Consumer News

Consumer confidence fell yet again in April, marking the fifth consecutive month of declines—a clear indication of pessimistic attitudes toward the economic situation in the country at large, according to the latest data released today by The Conference Board.  The Consumer Confidence Index dropped 7.9 points, continuing a pattern of similar drops from March and… …more

29

Majority of MLSs Spurn ‘No-Commingling Rule’ as Zillow Shifts Search

Consumer News

The “no-commingling rule,” an optional MLS policy crafted by the National Association of REALTORS® (NAR) in the 2000s in the wake of a Department of Justice (DOJ) investigation, is being largely abandoned by MLSs, according to a Zillow spokesperson, as the company shifts from its two-tabbed search display. Markets that do not have a no-commingling… …more

28

Rainmaker and Matchmaker: Team Leader Brings the Leads and Creates Clients for Life

Consumer News

Above, Allen Gammons Allen Gammons owned a small publishing company in Rhode Island when he began to invest in real estate—and became so fascinated by the process and possibilities that in 1992, he became a licensed agent. After testing his skills with a smaller company, he signed on with RE/MAX, where in 1995 he was… …more

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A Family-Oriented Culture Rooted in Trust, Support and Collaboration

Consumer News

Above: James Sanders James Sanders CEO Estate Properties International, a member of Leading Real Estate Companies of the World® Palos Verdes Estates, California https://estateproperties.com Region served: South Bay and West Side of Los Angeles County Years in real estate: 36 Number of offices: 11 Number of agents: 500 Most effective recruiting pitch: For four decades,… …more

28

Ravi Jani Appointed New CFO at The Real Brokerage With Ressler Ousted

Consumer News

The Real Brokerage, a technology platform for real estate for agents, homebuyers and sellers, announced on April 26 the promotion of Ravi Jani to chief financial officer, effective immediately. Jani succeeds Michelle Ressler, who was terminated based on the company’s opinion that she engaged in actions that violated their policies. Jani joined Real in September… …more

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Court Report: RealPage and New Jersey Landlords Sued for Alleged Price-Fixing

Consumer News

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. New Jersey Attorney General Sues RealPage  New Jersey Attorney General Matthew Platkin (D) and the state’s Division of Consumer Affairs have filed an antitrust lawsuit against RealPage and “ten of the largest landlords”… …more