MBA forecasters expect rates to ease and sales to rise next year, but Fannie Mae economists predict home sales will remain subdued even if the Fed pulls off a soft landing. Continue reading
The luxury brokerage’s former chief operating officer now steps into his new role as the company works to expand its market presence. Former CEO Mark Coppens will focus on future plans to franchise, according to the company. Continue reading
As mortgage rates hit new post-pandemic highs on inflation worries, an MBA survey finds applications for purchase loans fell for the sixth consecutive week last week and are down 30 percent from a year ago. Continue reading
The Kossev Group founder Katie Kossev will be responsible for helping Side’s 60 Texas partners grow their businesses through hands-on coaching and support, the company said. Continue reading
Unburdened by rate lock, the share of first-time homebuyers rose to 50 percent this year, according to a new report from Zillow. That’s the highest share since 2010. Continue reading
New-home sales rose 4.4 percent in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the U.S. Census Bureau. Continue reading
The layoffs are part of a reorganization plan that will streamline operations and bring cost savings in the long term, the real estate franchisor said in Securities and Exchange Commission filings. Continue reading
Following six merger adjustments over two years, Better will go public Thursday with $565 million in new funding and plans to “aggressively” partner with agents as it builds its mortgage production team. Continue reading
Creating and maintaining positive momentum is essential for your success. Jimmy Burgess shares how to get back on top in the face of challenges. Continue reading
Nearly three years after Saturday Night Live declared “real estate is your sex now” in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data. Continue reading