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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

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Maryland-based Anchor Home joins Compass

Housing Wire

Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies. We made the move to Compass because we were intrigued by the technology and drawn to the culture and it delivered on both fronts, Chino said. Their average listing price is $1.7

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Compass strikes again with leadership changes in the Southeast

Housing Wire

The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. The future of Compass is bright, and we look forward to continuing to provide the industry-leading tools, technology, and support our agents need to excel as the demand for luxury properties continues to rise.”

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Eight startups selected for NAR’s REACH tech program

Housing Wire

Second Century Ventures , the investment arm of the National Association of Realtors (NAR) has announced the eight startups selected for its 2025 REACH technology accelerator program. Our work with these companies reflects a long-term commitment to fostering ideas that influence markets and unlock new possibilities.

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What will it take to rekindle the senior housing market?

Housing Wire

More than 560,000 new units are needed to meet all the demand by 2030, but only 191,000 will be added at current development rates, according to data service NIC MAP. Adding to the potential shortage in years ahead are stubbornly high mortgage rates and tariffs that could slow new construction. The projected aging of the U.S.

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Home prices are cooling, and condos in Florida are experiencing a deep freeze

Housing Wire

That’s according to the latest Mortgage Monitor report from ICE Mortgage Technology. There is a notable cooling in home price growth as the 2025 spring homebuying season begins, and no submarket is cooling like Sunbelt condos. since mid-March. since mid-March. Annual home price growth slowed to +2.7% by September.

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Top New Jersey team joins Compass

Housing Wire

The Hoboken, New Jersey -based team was previously brokered at RE/MAX Select and Fontaine has been with the RE/MAX brand for two-plus decades. We eagerly anticipate supporting Soha and her team in realizing their business aspirations, leveraging Compass’s innovative technology and tools to propel her team towards even greater success.”