Wrong predictions, rate jumps and what’s (maybe) still to come

In as much as economists expected rates to rise this year, nobody anticipated how fast they would rise. So what went wrong? Matthew Gardener, chief economist for Windermere Real Estate, lays out what happened and what’s next. Continue reading

Record number of buyers looking to relocate to ‘affordable’ areas

A record-high number of homebuyers are prioritizing affordability as high home prices and mortgage rates limit their ability to buy homes in many United States cities, according to a new report from Redfin. Continue reading

Stop Googling ‘bubble’: Here’s why the news may be more positive than you think

Are we on the verge of another major real estate downturn? Two of America’s most notable real estate economists, Leslie Appleton-Young and John Tuccillo, weigh in with their predictions, and the news may be better than most people expect. Continue reading

How the luxury housing market became invincible in 2021

Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year. Continue reading

How to select the right partners for franchising

Expanding into new markets through franchise partners is an exciting opportunity for any business — but it’s also one that takes a lot of planning. Here’s what to think about when picking your partners. Continue reading

Douglas Elliman’s revenue and profit soar in first quarter

The company also saw its sales volume climb to $10.1 billion in the first quarter of 2021, up 71 percent compared to the same period in 2020. Continue reading

Economists say consumers should lock in low mortgage rates now

Mortgage rates reached the lowest point in 50 years last week, and one economist predicted they could plummet even more this week. Continue reading