Top 1,000 teams’ transaction volume ballooned 49.7% in 2020

RealTrends and Tom Ferry’s The Thousand and America’s Best Real Estate Professionals debuted on Friday, with the top 1,000 teams increasing their sales volume to $173,144,415 in 2020. Continue reading

Keller Williams expansion team grows to more than 400 agents

After merging with the Edie Waters Network, Lucido Global now covers more than 42 markets. Continue reading

More than half of all renters are planning a post-pandemic move

Renters surveyed by property management software company Entrata cited cost and space-related reasons as their biggest impetus for moving over the past year. Continue reading

Connecting with Pacaso’s CEO: The future of the second home market

Pacaso CEO Austin Allison explains how remote working, inventory shortages and co-ownership models are changing the fabric of second-home markets. Continue reading

Rising construction costs curbed homebuilders’ pace in April

The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April. Continue reading

Airbnb faces Q1 loss of $1B

Despite continuing to suffer losses in the wake of the pandemic, Airbnb’s CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand. Continue reading

US on pace for best summer ever for short-term rentals

Nationally, short-term rentals are already seeing summer 2021 demand exceed 2019 levels, according to AirDNA, a short-term rental analytics company. Continue reading

5 trends that will dominate the future rental market

The suburbs will likely continue to be popular, but who owns and lives in the houses may change, according to panelists at the Urban Land Institute’s virtual Spring Meeting conference. Continue reading

Fannie, Freddie must curb appetite as demand for second homes soars

Demand for second homes and investment properties continues to hold steady at more than double pre-pandemic levels, despite Fannie and Freddie being ordered to limit their appetite for loans backed by these types of properties. Continue reading