The homeownership rate among Black Americans fell to 43.9% in the second quarter of 2024, the lowest level since late 2021, according to Redfin. That was down from 45.3% a year earlier and marked the steepest annual decline since the third quarter of 2021. By comparison, the Hispanic homeownership rate rose slightly to 48.8% from […]
Homeownership among Black Americans drops to 4-year low Read More »
Compass has appointed Ethan Glass as its new chief legal officer. Glass — a veteran antitrust lawyer — previously led the global antitrust and competition practice at Cooley LLP and directed U.S. Department of Justice teams that investigated and sued multiple listing service (MLS) organizations over anticompetitive conduct. “I’m honored to join Compass, a company
Compass taps former NAR settlement attorney Ethan Glass as chief legal officer Read More »
California has become the first U.S. state to require homeowners selling older properties in high-risk wildfire zones to disclose not just a house’s vulnerabilities, but also steps taken to reduce those risks. The new mandate took effect in July and applies to houses built before 2010 – when the state strengthened building codes to withstand
Wildfire warnings accompany California’s older home sales Read More »
In today’s crowded real estate landscape, getting licensed is easy — but standing out as a brokerage is hard. New agents are being courted by dozens of firms. What they’re really looking for? Clear guidance, mentorship, and a roadmap to growth. That’s where education becomes your edge — and your recruiting superpower. In this dynamic
U.S. Sens. Mark R. Warner (D-Va.), Andy Kim (D-N.J.) and Lisa Blunt Rochester (D-Del.) introduced legislation last week that would make it easier for faith-based organizations and colleges to convert unused land into affordable housing. The measure — called the Yes in God’s Back Yard (YIGBY) Act — would direct federal resources to help religious
Bill aims to expand affordable housing on unused religious, college land Read More »
Los Angeles will make $387 million available for affordable housing projects — reportedly the largest single funding round in the city housing department history. Applications for the funds opened Sept. 5 and close Oct. 20. Eligible applicants include nonprofit and for-profit developers, community land trusts, limited equity housing cooperatives, public entities and other organizations, the
Los Angeles ‘mansion tax’ fuels record affordable housing funding Read More »
Top-performing Douglas Elliman-brokered large team, The Michael Lorber Team is expanding into Connecticut. The Michael Lorber Team is the No. 6 ranked large team in New York after recording $269.05 million in sales volume across 101 transaction sides in 2024, according to the 2025 RealTrends Verified Rankings. “Our team has built a strong reputation representing
Top Douglas Elliman team expands into Westchester, Connecticut Read More »
Homeowners are spending a growing share of their mortgage payments on property insurance, which is now rising faster than principal, interest and taxes, according to the September ICE Mortgage Monitor. Data shows that annual property insurance payments for single-family mortgage holders now average nearly $2,370. That amounts to 9.6% of monthly mortgage-related expenses, the highest
Rising insurance costs deepen homeownership strain Read More »
As the real estate industry undergoes rapid change, questions around listing display, agent attribution, and new technology are reshaping how consumers connect with agents. Andy Stearns, Senior Vice President, Sales at Homes.com, speaks with us about building scalable teams, creating an agent-first platform, and how his experience leading growth at large organizations informs Homes.com’s go-to-market
Building an agent-first future: Inside Homes.com’s scalable growth strategy Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Where Are They Now? Looking back at the first class of Tech Trendsetters As HousingWire opens nominations for the 2025 Tech Trendsetters award, we’re looking back at the
Tech Pulse: Trendsetters nominations open, AI sales agent eases mortgage process Read More »