Nearly a third of Gen Z live at home while others struggle to afford rent   

Home ownership is in the rearview for many Americans as prices for everyday goods and services remain elevated and mortgage rates hover at a 20-year high. Rising housing costs are impacting more than current and prospective homeowners; renters also struggle to make ends meet while others crash at home to save money.   According to a […] Continue reading

Economic Outlook: Recession may be what drives rates down in 2024

Does the rapid slowdown in the economy mean a recession is now inevitable in the new year, or is a “soft landing” still possible? Economists are divided on the nation’s economic outlook for 2024. Continue reading

You sold HOW MANY houses last year? The Download

A “glut” of agents, low inventory and a down market mean part-timers now make up the majority of real estate professionals, according to the Consumer Federation of America. What does that mean for clients — and for the industry? Continue reading

Airbnb vet Jonathan Mildenhall to unify Rocket’s marketing efforts

The company’s first group CMO will be responsible “for creating a unified and compelling voice for all businesses” under the Rocket umbrella, including Rocket Mortgage, Rocket Homes and Rocket Money. Continue reading

Chicago landlord, business groups sue to block transfer tax hike

Voters are set to decide whether to increase the tax paid on real estate sales above $1M. Landlords and business groups say referendum violates the state constitution. Continue reading

As recruiting wars heat up, Coldwell Banker nabs Texas indie

The Tate Property Group joins Coldwell Banker as the recruiting of rockstar agents and teams remains one of the low-key most important trends in real estate. Continue reading

LA sued for canceling Mohamed Hadid’s spec home permits

J. Michael Issa of B. Riley Financial is alleging in a lawsuit filed in LA Superior Court last month that the city reneged on its word that permits on the property’s building site were still active. Continue reading

Glennda Baker: Think you have a drinking problem? You probably do

Armed with the latest research, Rachael Hite talks with Glennda Baker about choosing sobriety in an industry that is always ready to party and why drinking is so harmful for women. Continue reading