Nepo Babies grow up as data points to new phenomenon: Nepo Buyers

Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday. Continue reading

Pacaso is now offering shares in homes for as little as $130K

The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers. Continue reading

The Agency opened 12 new offices in Q1 amid rush of global expansion

The luxury brokerage’s first-quarter activity has spanned the U.S., Canada, Mexico, the Caribbean, Spain, and most recently Edmonton, in Canada’s Alberta province, the brokerage announced Tuesday. Continue reading

Corcoran launches first franchise in Oregon, with emphasis on Portland

Corcoran Prime is owned and led by Becky Jackson, and the franchise boasts approximately two dozen agents and staff with services across greater Portland, according to an announcement. Continue reading

Rent is now more affordable than buying in every major US market

Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000. Continue reading

US home price growth accelerates in January at fastest pace since ’22

The S&P Core Logic Case-Schiller National Home Price Index tallied a 6 percent annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday. Continue reading

Let’s debunk 7 mainstream media falsehoods, post-NAR settlement

Premier Sotheby’s International Realty President and CEO Budge Huskey corrects the record on commissions — and the potential impact of the NAR settlement on buyers, sellers and agents. Continue reading

New-home sales fall abruptly in February for first time in 3 months

Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the U.S. Census Bureau. Continue reading

NAR (and now Compass) settled. Y’all had thoughts: The Download

Real estate professionals respond in the aftermath of NAR’s big commission lawsuit settlement and Compass’ brand new one. Continue reading

Existing-home sales rose 9.5% amid winter inventory boost

Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.5… Continue reading