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Compass President Neda Navab outlined her vision for the next chapter of the brokerage at the company’s annual RETREAT in New Orleans, announcing new investments to strengthen connections among Compass agents, raise standards for agents joining the brokerage and expand the reach of the Compass brand. “While we’ve grown and changed a lot over the…

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In a continuation of the company’s acquisition strategy as of late, CoStar announced another is in the works as it recorded another strong quarter of financials. In the company’s Q3 earnings call, Founder and CEO Andy Florance announced that CoStar is in the process of acquiring another company to add to its portfolio: aerial-imagery program…

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The Mortgage Bankers Association’s (MBA) latest survey recorded a modest but positive 3.4% increase in mortgage loan application volume from last week’s survey.  The mortgage loan application volume, also known as the Market Composite Index, is MBA’s measure of the mortgage purchases, refinances and other mortgage activities in the week before the survey’s release. Data…

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The newest results from the Federal Reserve Open Market Committee (FOMC), the rate-setting body that meets roughly eight times per year, varied greatly from the previous one in mid-September, which came with a unanimous vote to hike interest rates, after many economists predicted that outcome. This time there was no rate hike. The Fed left…

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