Jeffrey  Barkstall

Jeffrey Barkstall

GRI, SRS

License #: 475.128819

Heartland Real Estate Of Central Illinois, Inc.

Mobile:
217.637.0374
Office:
217.352.4288 ext. 54
Email Me

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

USA Real Estate News-RISMedia - Wed, 2025-04-30 13:00

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…

The post CoStar CEO Andy Florance Calls Zillow’s Private Listing Policy ‘Aggressive,’ ‘Desperate’ appeared first on RISMedia.

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

USA Real Estate News-RISMedia - Wed, 2025-04-30 12:32

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…

The post March Pending Home Sales See Biggest Jump in Over a Year, but Volatility Likely to Continue appeared first on RISMedia.

Flat Inflation Data Overshadowed by Tariffs

USA Real Estate News-RISMedia - Wed, 2025-04-30 12:22

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…

The post Flat Inflation Data Overshadowed by Tariffs appeared first on RISMedia.

This spring, East Coast agents see signs of emerging buyer’s market

USA Real Estate News-Inman - Wed, 2025-04-30 12:09
Inventory is up and rates are down as fewer buyers face stiff competition and successfully find homes in less than a month, according to new data shared by BrightMLS.

Nominations closing for luxury real estate’s highest honors

USA Real Estate News-Inman - Wed, 2025-04-30 11:20
The deadline for the real estate community to submit entries for Inman’s Golden I Club is Thursday. Nominate yourself, a colleague, company or campaign and inspire the industry.

Pending home sales jump as buyers eye lower mortgage rates

USA Real Estate News-Inman - Wed, 2025-04-30 11:12
According to data released Wednesday by the National Association of Realtors, contract signings jumped 6.1 percent in March. That represents the biggest monthly gain since December 2023, when pending sales rose 7 percent. In contrast, February only saw a modest 2 percent uptick.

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

USA Real Estate News-RISMedia - Wed, 2025-04-30 10:14

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…

The post Bill Abolishing Florida Real Estate Commission Likely Dead, REALTOR® President Says appeared first on RISMedia.

Fannie Mae forecasting higher 2025 inflation, slower growth

USA Real Estate News-Inman - Wed, 2025-04-30 07:51
Slowing economy could also help bring mortgage rates down to Earth more rapidly, with the latest forecast predicting rates will drop to 6.2 percent by the end of this year and to 6 percent next year.
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