Keller Williams is going with the carrot and the stick approach. The franchisor just announced a significant adjustment to its profit sharing program, aimed at rewarding agents who stay with the company and punishing vested agents who left for competitors. Keller Williams President Marc King last we

Zillow‘s mortgage arm launched a down payment assistance program where the company will cover 2% of the borrower’s down payment at closing, allowing buyers to pay just 1% upfront.The program is available for eligible borrowers in Arizona and will expand to additional markets, Zillow Home Loans said

Nobody knows exactly what will happen, and we are just at the start of a process that will have many twists and turns.

In a hawkish tone, Jerome Powell said that Federal Reserve (Fed) officials are prepared to raise the federal funds rate further and hold it at high levels until they are confident that inflation is moving sustainably down to the 2% target. And that’s unclear at this point.There are some sources of p

Retail lender AmeriFirst Financial Inc. filed for Chapter 11 bankruptcy protection in Delaware, just two months after it got back into the forward mortgage origination business.The Mesa, Arizona-based company listed estimated assets and liabilities as much as $100 million each, according to a filing

The feeling you get in your bedroom is incredibly important because you want to feel calm and relaxed.

Growth is rapid in two types of BTR: horizontal apartments and townhomes. Dallas, Orlando, Atlanta, Nashville, Tampa, Phoenix, Denver, and other markets are driving this trend.

Homebuyer affordability remained unchanged in July from June, according to Mortgage Bankers Association‘s (MBA) Purchase Applications Payment Index (PAPI). The index measures how new monthly mortgage payments vary across time, relative to income, drawing from data from MBA’s weekly applications surv

Shares of Better Home & Finance Holding, the parent of digital lender Better.com, collapsed during its debut on Nasdaq Thursday. The company went public after merging with the special purpose acquisition company (SPAC) Aurora Acquisition Corp. the prior day.Better’s class A common stock, listed unde

Strong consumption data combined with slowing inflation points to a “soft landing” for the economy, Fannie Mae‘s Economic and Strategic Research (ESR) Group said Thursday. But the government sponsored enterprise still expects a recession next year.“In order to achieve a soft landing, economic growth

Soaring mortgage rates are taking a major chunk out of homebuyers’ budgets, according to a new report from Redfin.A homebuyer on a $3,000 monthly budget, for example, could afford a $429,000 home with a 7.4% mortgage rate, using rate data from August 23. That buyer lost $71,000 in purchasing power c

As the frequency and severity of extreme weather events continue to rise, it’s more critical than ever that owners develop proactive, resilient emergency strategies.

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. For many, the

Collaboration across stakeholders in housing fosters creativity, bold ideas and momentum to bring them to scale.

Now that Covid has reordered priorities for those able to work offsite, developers of luxury residential buildings are placing greater emphasis on high-end coworking spaces blending form and function.

Rapattoni, the multiple listings service software provider that was crippled in a cyber attack earlier this month, is back online in multiple markets. Service is expected to be restored to all of Rapattoni’s clients by the end of the day, sources told HousingWire. The outage, which has disrupted age

Builders are taking advantage of the housing market inventory issues, which is why new home sales are growing yearly, even with higher mortgage rates. Today, the U.S. Census and Department of Housing and Urban Development reported that new home sales grew faster than anticipated as the builders who

The Federal Reserve System this week fined Birmingham, Ala.-based Regions Bank $2.95 million for “unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations,” according to the Fed.The Board fined Regions “for its failure to effectively monito

There’s no denying that this market will last for longer than a year. It’s time to take control of your business and plan for your future. We caught up with Emily Kettenburg, a seasoned coach with Tom Ferry, at the Tom Ferry Success Summit in Dallas where she shared her insights on the current trend