Rocket Companies stock soars, plummets amid Reddit-driven volatility
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3
Study: Women pay higher mortgage rates than men in all but one state
Only 1 state in the US was found to offer lower interest rates to women than men, on average, for a 30-year, fixed-rate mortgage, according to mortgage tech company Own Up
What do retirees want? Short-term-rental-free communities
A growing number of luxury communities are banning short-term rentals for residents' peace of mind
by Marian McPherson Mar 2
Lower credit usage among renters signal recovering market: Study
TransUnion's 2021 Rental Housing Financial Impact Study shows renters' smart financial decisions are helping to stabilize a volatile market
by Marian McPherson Mar 2
EXp World Holdings' boom period continues
As the world worked from home in 2020, the parent company of the virtual cloud-based brokerage saw revenue grow 84%
by Patrick Kearns Mar 2
Home prices skyrocket, surpass all predictions: CoreLogic
Amid the sky-high growth, 76% of U.S. non-homeowners said that they have no plans to buy in the next 6 months
Century 21 at 50: What’s in store for the brokerage’s golden year
As Century 21 approaches its 50th anniversary this year, the company faces unique challenges when it comes to technology and brand relevance
The South and Midwest rule Rent.com's cheapest cities list
Springfield, Missouri, topped Rent.com's cheapest cities list, with the average rent for a two-bedroom clocking in at $826
by Marian McPherson Mar 1
What’s driving the real estate inventory crisis? These 5 trends
This situation isn't just pandemic-related — the inventory crisis has been a decade in the making, driven by five major trends that are unlikely to change
by Michael Simonsen Feb 27
Affordable housing crisis deepens for communities of color amid COVID-19
On top of a slew of far-reaching problems, a widespread lack of affordable housing is exacerbated by the COVID-19 pandemic and the resulting layoffs and job losses — and it's devastating communities of color
by Christopher G. Cox Feb 26
Global population of ultra-wealthy increased 2.4% in pandemic year
The annual Wealth Report, which will be jointly released by Douglas Elliman and Knight Frank in March, also projects prices could increase up to 7% in key luxury markets in 2021
by Lillian Dickerson Feb 26
RE/MAX just beats Q4 expectations
The company's own growth investments held the top-line numbers back, but RE/MAX CEO Adam Contos believes the brokerage will see a payoff in 2021
by Patrick Kearns Feb 25
27 real estate execs sign letter supporting Biden stimulus package
The letter called on legislative leaders to pass President Biden's American Rescue Plan, which includes another stimulus check and faster vaccine rollout
by Marian McPherson Feb 25
Pending-home sales see another monthly decline in January: NAR
The Pending Home Sales Index declined 2.8% from the previous month to 122.8, but was up 13% from the year before and marked an all-time high for January
by Lillian Dickerson Feb 25
New-home sales show healthy gains in January
New-home sales jumped 4.3% on a monthly basis and 19.3% on an annual basis, according to data from the US Census Bureau and the Department of Housing and Urban Development
by Lillian Dickerson Feb 24
Bigger is better: Square footage is the No. 1 amenity for luxury buyers
A new report on global luxury from Coldwell Banker found that amid the pandemic, high-end buyers put a greater emphasis on more square footage over any other amenity, driving an increase in homes over 5,000 square feet
by Lillian Dickerson Feb 24