The top 1% could buy nearly all homes in the US with their wealth

The value of America’s nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis. Continue reading

How this broker embraces personal and professional evolution

Broker Pam Blair says that recognizing when your brand needs to change is the key to keeping your business going during challenging markets. Continue reading

The US is short 3.8M homes — Realtor.com wants to fix that

Despite builders’ best efforts, America’s 3.8 million housing gap won’t be closed until 2032, according to a new analysis. Realtor.com is aiming to expedite that timeline with a new zoning campaign. Continue reading

What will Stone Point do with its investment in Keller Williams?

Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely. Continue reading

A small but growing minority think it’s a good time to buy a home

While only 1 in 4 Americans surveyed last month by Fannie Mae said its was a good time to buy, that’s up from an all time low of 14 percent last spring. Continue reading

Weak February jobs report moves the needle on mortgage rates

Mortgage rates eased Friday as investors took stock of new data showing employers added 151,000 workers to their payrolls in February and the unemployment rate ticked up to 4.1 percent. Continue reading

EXp CEO ‘cautiously optimistic’ as spring homebuying season nears

EXp CEO Leo Pareja said he’s hopeful about the busiest season of the year for homebuyers, saying more inventory at varied price points will be key to helping shoppers see beyond elevated rates. Continue reading

Focus on homebuyers helps Guild swing to $97M 2024 profit

At $24 billion, Guild’s 2024 mortgage production marked the San Diego-based lender’s biggest year since the pandemic-fueled refinancing boom. Continue reading

LA wildfire victims get extension on foreclosure, eviction moratorium

The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday. Continue reading

Want to get more for your sellers? List in late May

Despite a slow start to the year, Zillow’s latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600. Continue reading