What you should know about the next generation of wealth

Mostly composed of millennials, HENRY — an acronym that stands for “high earners not rich yet” — describes a niche subset of the population that represents the next generation of wealth. Here are the facts. Continue reading

Mortgage Bankers Association appealed directly to Treasury for relief during shutdown: Report

After lobbying from the mortgage industry, the IRS is once again verifying the incomes of mortgage applicants despite a government shutdown and some questions about the fairness of reopening just one part of the agency. Continue reading

Warren Buffett’s brokerage acquires one of his franchisees

The transaction continues HomeServices of America’s years-long acquisition spree, putting it even closer to overtaking NRT, the brokerage company owned by Realogy, as the largest brokerage firm in the country by sales volume. Continue reading

New CEO named at real estate tech company Lone Wolf

Lone Wolf on Friday announced it has named Jack Blaha as CEO, as outgoing chief executive Patrick Arkeveld transitions to the role of executive chairman. Continue reading

How to get a disagreeable buyer couple on the same page

We always have to be prepared to lead buyers in the best way possible to get their dream home. But what happens when the client is actually a couple that refuses to agree? Here are some tips on how to make the process work for everyone. Continue reading

It’s significantly harder to buy a home now than it was 1 year ago

A typical U.S. family in November had more difficulty purchasing an existing family home at the national median price than one year ago, according to NAR. Continue reading