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Amid Supply Chain Woes, Millennials Want Bigger Homes

April 5th, 2022
A new survey out shows that millennials’ housing preferences have changed through the COVID-19 pandemic. According to the Census Quarterly Starts and Completions by Purpose and Design and National Association of Home Builders (NAHB) analysis, more than a third (36%)...

Under the Radar: Offerpad Agent Hiring Comes to Light

April 11th, 2022
While tech and innovation have become fixtures in real estate, the lifeblood of any brokerage and transaction has always been the agent. Even as perceived “disruptors” make inroads into the market, the agent has served as a line in the...

Homeownership by Education: Degree-Holding Owners Surge as Those Without High School Drop 30%

April 18th, 2022
A new industry report that examined how someone’s education level influences their chance at homeownership in the U.S. shows that despite the costs associated with college and growing student loan debt, a degree is a stepping stone to eventually becoming...

Redfin Seals Its Deal for Bay Equities

April 20th, 2022
Redfin has completed its big-ticket purchase of Bay Equity Home Loans. The Seattle-based real estate tech company confirmed its $137.8 million acquisition of the national full-service mortgage lender in an all-cash transaction. According to company executives, the deal is expected...

First-Time Buyers Report Feeling Unprepared for Homeownership

April 25th, 2022
In the wake of one of the most active years in the real estate market, many buyers made hasty decisions to get their offer accepted. From the pressure of bidding wars to wanting to take advantage of historically low interest...

RE/MAX Hits Revenue, Agent Recruitment Count Targets

April 29th, 2022
With 25.9% revenue growth to reach $91 million and increasing its agent count by 1.6%both slightly above projections—franchise behemoth RE/MAX appears poised to weather a less-aggressive market this year as it focuses on its Motto Mortgage franchises and grabs international...

LendingTree Optimistic After Hitting First Quarter Targets

May 6th, 2022
Online loan marketplace LendingTree saw its stock jump after it defied headwinds to meet projections in its Q1 earnings report yesterday, even as the broader refinance and mortgage markets have been weighed down by inflation and rising interest rates. With...

Realtor.com® April Housing Report Shows Inventory Is Readying to Rebound

May 10th, 2022
April data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year decline (-12.2%) since December 2019, according to the Realtor.com® ‘s latest Monthly Housing Trends Report released this week. Inventory improvements were...

Compass Reels in the Dough While Curbing Losses in Q1

May 13th, 2022
The road to profitability can be arduous, but Compass seems to be making up ground as the tech-focused brokerage saw higher earnings and modestly lower losses in the first three months of 2022. In its latest earnings report, the New...

Top-Producer Roundtable: Superstar Agents Discuss How They Win

May 18th, 2022
After a year that resulted in historic highlights, the real estate industry is still as competitive as ever. As many of the sector’s top companies look to outdo last year’s performance, the path toward achieving those goals rests on the...
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