The term is being thrown around in the media a lot these days: “K-shaped economy,” which refers to an economy where two elements are heading in opposite directions—usually focused on different income levels. While this designator can be used to parse out many economic sectors or scenarios, a new Realtor.com® report said the K-shape is…
In last week’s Sunday Showcase, we explained How Owners Can Make Kitchens Look Expensive Without Renovating. Here we spotlight a test for new buyers to conduct before undertaking a renovation. After all, the kitchen will be new to them, and better to get a handle on what’s what before spending money on it. New trend…
The post The One-Week Kitchen Test to Take Before Renovating appeared first on RISMedia.
The plaintiffs who filed a recently dismissed lawsuit against Zillow over alleged steering to the portal’s mortgage services are looking to reopen the class action with an amended complaint, filed yesterday. The suit—originally filed back in November 2025 and later consolidated with another similar lawsuit Taylor v. Zillow—alleges that referrals to Zillow Home Loans are…
Vishal Garg, founder and former CEO of tech-focused mortgage disruptor Better, briefly was the “main character” of the industry back in 2021—and not in a good way. His casual, chaotic Zoom firing of 900 people right before the Christmas holiday went viral, picked up by mainstream media as an example of pandemic-era callousness from the…
Economic uncertainty continues to push builders to temper their expectations (and pace of construction) based on the latest monthly new residential construction report by the U.S. Census Bureau. The Bureau’s report for July states that privately owned housing starts were at a seasonally adjusted annual rate of 1.24 million. This is a considerable decrease (12.4%)…
Housing transactions happen for a lot of reasons that real estate professionals are intimately familiar with—new job, new baby, new marriage. In the aggregate, though, most of these events can be classified as “household formations”—in simple terms, a new family is formed, and that family (usually) needs a new place to live. According to Harvard’s…
The mid-to-late summer housing market appears to be plodding along, as pending activity in July slipped to a low for the year, according to the latest data from the National Association of Realtors® (NAR). NAR’s Pending Home Sales report found that sales dipped 2.3% month-over-month and 2.2% year-over-year in July. This is the second month…
The Real Brokerage and RE/MAX—one of the world’s leading franchisors of real estate brokerage services—recently announced that shareholders of both companies approved Real’s proposed acquisition of RE/MAX at their respective special meetings, moving the major consolidation one step closer to finalization. Upon closing, the combined company will operate as Real REMAX Group, a holding company…
Builder sentiment remains muted from economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs, with the latest data and analysis from homebuilders painting an overall still-muddled picture of near-term housing demand and affordability. Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to…
Real estate’s Multiple Listing Service (MLS) was built on a century of shared data and mutual trust among brokers. Now, a panel of industry executives says that trust between agents and consumers is fraying as more properties get pulled into private listing networks. And, increasingly, panelists warn trust and cooperation between rival brokerages is wearing…
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