38% of homeowners couldn’t afford their home in today’s market

Consistent home price appreciation is touted as the main benefit of homeownership; however, runaway home price growth over the past five years has homeowners feeling locked into a financial prison. According to Redfin’s latest market study, 38 percent … Continue reading

BHGRE’s 2nd largest franchise signs 10-year contract renewal

Amid an industrywide recruitment war, Better Homes and Gardens Real Estate has secured its largest contract renewal of 2024 with Atlanta-based BHGRE Metro Brokers. The 45-year-old brokerage is the second-largest franchise in the BHGRE network, with mor… Continue reading

Gone, not forgotten: The Oklahoma City bombing 29 years later

Kari Watkins, Chris Fleming and Donna Weaver were forever changed by the April 19, 1995, Oklahoma City bombing. Twenty-nine years later, they reflect on life since. Continue reading

2 buyers scramble to make a deal as the spring market sprints ahead

One Connecticut homebuyer is preparing for marriage. Another in Virginia is healing from a divorce. Both tell Inman the struggle to find a home this spring is real — and the clock is ticking. Continue reading

Zillow launches ‘Home Just Got Real’ ad campaign

Just in time for spring homebuying, portal powerhouse Zillow has released a new ad campaign aimed at celebrating the persistence of millennial and Gen-Z homebuyers amid market headwinds. The ad series, “Home Just Got Real,” includes two 30-second and o… Continue reading

Homeseller sentiment is lukewarm as spring homebuying ramps up

Elevated mortgage rates and home prices have made sellers leery about listing this spring. As a result, 50 percent of homesellers said they’ll be aligning their sales with a late-year rate drop. Continue reading

Disappointing economic news hampers early spring market

Rising mortgage rates thwarted the first weeks of the spring market, according to a Redfin housing report published on Thursday. Homesellers pulled back during the four weeks ending March 31, leading new listing growth to experience the smallest annual… Continue reading

New homeowners plan to spend 40% of income on repairs: Study

The cost of becoming a new homeowner goes well beyond down payments and monthly mortgage payments. In fact, the typical homebuyer expects to spend approximately $30,000 on home maintenance, upgrades and repairs in the coming year — an amount that equal… Continue reading

California legislator proposes $1.25B affordable housing bill

United States Representative Adam Schiff (D-Calif.) is taking another shot at solving America’s housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.

The Affordable Housing Conversion Act … Continue reading

RE/MAX President: ‘It’s time to take back our No. 1 market share’

In her first keynote as RE/MAX president, Amy Lessinger addressed market headwinds, buyer-broker commissions, homebuyer agreements and plans to revive the franchisor’s U.S. operations. Continue reading