More and more renters believe they will never own a home
Thirty-eight percent of renters don't believe they will ever own a home — up from 27 percent less than a year ago, according to Redfin
by Ben Verde Apr 12
NAR President Kevin Sears sells brokerage to Anthony Lamacchia
Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week
by Taylor Anderson Apr 11
30 listing lead generation ideas for real estate's new normal
If you want to build the listing side of your business post-NAR settlement, Jimmy Burgess has 30 practical, actionable, doable strategies tailor-made for this moment
by Jimmy Burgess Apr 11
Hot inflation data sends mortgage rates to new 2024 highs
Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won't cut rates in June
by Matt Carter Apr 10
Newcastle Courtyards persists in court challenge to Measure ULA
The group filed a brief with the U.S. Court of Appeals for the Ninth Circuit, requesting the court overturn the dismissal of their lawsuit seeking to end the transfer tax on sales priced $5M and up
by Lillian Dickerson Apr 10
Investor or agent? 5 moneymakers share why agents should be both
Five investor-agents, each of whom has achieved success on both sides of the equation, shared their actionable insights and winning formulas for nailing a pivotal but tricky professional shift
by Ben Verde Apr 9
New York Republicans aim to roll back so-called 'squatters rights'
New York State Sen. Mario Mattera and Assembly member Ed Flood introduced new legislation last week that aims to make it easier for property owners to remove squatters from their land
by Ben Verde Apr 9
Consumer housing sentiment drops for first time since November
Fading hopes that mortgage rates will come down in the next 12 months are primary drag on Fannie Mae's Home Purchase Sentiment Index, but job and income concerns also up in March
by Matt Carter Apr 8
JPMorgan Chase CEO warns of higher rates, more inflation
Jamie Dimon thinks interest rates could rise to 8% or more. He also said in a new letter that a recession and stagflation could be in the offing
by Jim Dalrymple II Apr 8
St. Louis, The Arch, Missouri
First-time homebuyers made up half of all homebuyers in St. Louis in 2023, according to Zillow. That's the highest share the city has seen since at least 2017
by Ben Verde Apr 5
It's up to you to make lemonade out of a sour NAR settlement situation
Consumers have been given a front-row seat to the chaos unfolding in our industry, Rachael Hite writes. As the situation unravels, who will make lemonade and who will feast on sour grapes?
by Rachael Hite Apr 5
Disappointing economic news hampers early spring market
Economic headwinds and a holiday weekend caused new listings and home tour requests to fall at the end of March, according to Redfin's report. The portal is still bullish on future spring activity
by Marian McPherson Apr 4
Say farewell to the 'Forever Home'
You need to earn $100K just to afford a starter home. Rachael Hite writes that, like spotting a dodo bird, finding your forever home in today's market might be a thing of the past
by Rachael Hite Apr 4
10 reasons to embrace the shift to a seller-focused business
Opinion
If agents want to beat out their local competition, writes trainer and leadership expert Jeff Glover, they need to start focusing on owning the listing inventory in their markets
by Jeff Glover Apr 4
Would-be homebuyers balk as mortgage rates head back up
MBA surveys show purchase loan applications have been flat for 2 consecutive weeks, and now mortgage rates are popping again as more worrisome inflation data rolls in
by Matt Carter Apr 3
Putrid garbage house stinks up LA neighborhood
The trash-strewn property is sandwiched between 2 large, multimillion-dollar mansions, and residents are concerned the mounds could negatively affect property values in the area
by Ben Verde Apr 3