As we grow older, our needs and capabilities change, and not all homes are designed to support this change along with us. It’s common to upsize your home when your household is growing – whether to accommodate children, pets, or
Are High Interest Rates a Ticking Time Bomb for the Housing Market?
Are high interest rates a ticking time bomb for the housing market? In a word, yes, but it’s a complex situation. While the housing market isn’t about to explode overnight, the sustained pressure of elevated interest rates – currently hovering near
HomeServices of America names Chris Kelly CEO, replacing Blefari
Berkshire Hathaway’s HomeServices of America has a new CEO, promoting Executive Vice President Chris Kelly as former CEO Gino Blefari steps into a new role. Blefari, who has served as president and CEO of the company for more than five
The best real estate apps for agents in 2025
As a real estate agent in 2025, you have two choices: Learn how to run your entire business from the apps on your phone or tablet or find a new career. The days of running back to the office to
Expect High Mortgage Rates Until 2026: Fannie Mae’s 2-Year Forecast
If you’re holding out hope for a big drop in mortgage rates in 2025, I’ve got some news: don’t count on it. According to Fannie Mae’s January 2025 Economic Developments report, mortgage rates aren’t expected to decrease significantly in the coming year. They
BofA, Citi warn of slower growth ahead as mortgage business softens
Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week. Mortgage volumes at BofA and Citi, which
Why most broker owners don’t turn a profit
Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. Despite the appeal of running their own operation, most find themselves facing financial challenges due to high overhead costs,
Heirs’ attempt to reopen HECM foreclosure fails in Connecticut
The family of a deceased reverse mortgage borrower in Connecticut, who sought to reopen a case involving the foreclosure of their relative’s home after her death, have been denied a motion to reopen the case after a judge found that
How real estate brokerage stocks have fared since ‘Liberation Day’
High mortgage rates, low inventory and stagnant demand have made life difficult for real estate brokerages in recent years, and President Donald Trump’s tariff policy isn’t helping. The massive scale and scope of Trump’s new global tariff regime shocked the
Homeowners have a collective $700B in ‘trapped’ equity
More than $700 billion in home equity is effectively “trapped” and inaccessible to homeowners due to a variety of economic circumstances, including employment shocks and shifts in the market that negatively impact their credit scores. This information comes from an
FirstTeam begins national expansion, introduces new agent compensation plan
FirstTeam, an independent real estate brokerage based in Southern California, has begun its national expansion by opening new offices in Idaho and Washington, with plans to establish operations in Arizona, Nevada, and Oregon. Founded in 1976, FirstTeam operates more than
Today’s Mortgage Rates February 1, 2025: Rates Drop Again
As of February 1, 2025, mortgage rates are hovering in the mid-6% range, providing potential homebuyers and those looking to refinance with a clearer picture of what to expect in today’s market. With current rates at 6.59% for a 30-year fixed mortgage and 5.89%
Las Vegas Housing Market: Trends and Forecast 2025-2026
The current Las Vegas housing market trends show a mixed bag of indicators, but overall, the market is showing signs of stabilization with modest growth. While the median home price saw a slight decrease in December 2024, the year ended with a
Today’s Mortgage Rates January 31, 2025: Rates Drop, Key Trends
As of January 31, 2025, today’s mortgage rates are seeing a slight decrease compared to previous weeks, with the average 30-year fixed mortgage rate now standing at 6.96%. This reduction is significant for potential home buyers and those considering refinancing, as
Fed’s Meeting in January 2025: Impact on Mortgage Rates
The January 2025 Federal Reserve meeting had a significant impact on mortgage rates, though not in the way many might have expected. The Fed decided to hold interest rates steady, which led to a slight increase in mortgage rates due to
Boulder Housing Market: Prices, Trends, Forecast 2025-2026
The Boulder housing market is a perennial topic of interest for potential homeowners, investors, and real estate professionals. Renowned for its picturesque settings, vibrant community, and proximity to tech hubs, Boulder, Colorado, continues to attract buyers. If you’re wondering about the
Top 10 Most Expensive Cities in Wisconsin to Buy a Home in 2025
The most expensive cities in Wisconsin offer luxury living, scenic views, and exclusive amenities that attract homebuyers seeking high-end properties. Whether you’re looking at homes for sale in Mequon or Muskego, these cities provide premium living experiences. But if luxury
Top 10 Most Expensive Cities in Ohio to Buy a Home in 2025
The most expensive cities in Ohio offer upscale living, luxury homes, and vibrant communities. Whether you’re looking at homes for sale in New Albany or Dublin, these cities feature prestigious neighborhoods and premium amenities. For those seeking high-end properties, these
Top 10 Most Expensive Cities in Massachusetts to Buy a Home in 2025
The most expensive cities in Massachusetts offer luxurious homes, coastal views, and desirable amenities that draw in affluent residents. Whether you’re looking at homes for sale in Lexington or Cohasset, these cities are known for their prestige and charm. But,
Top 10 Most Expensive Cities in Illinois to Buy a Home in 2025
Illinois is home to some of the most expensive cities in the country, offering luxurious homes, upscale amenities, and premier neighborhoods. Whether you’re looking at homes for sale in Winnetka or Long Grove, these cities deliver elegance and comfort. While
Top 10 Most Expensive Cities in Oregon to Buy a Home in 2025
Oregon is known for its natural beauty and is home to many desirable cities to live in. Whether you’re looking at homes for sale in Portland or Sunriver, these areas offer high-end amenities, scenic neighborhoods, and plenty of things to
Mortgage Rates Forecast for the Next 3 Years: 2025 to 2027
If you’re anything like me, you’re probably glued to the news, trying to figure out what’s going to happen with mortgage rates. Buying a home is a huge deal, and the interest rate can make or break your budget. So,
Top 10 Most Expensive Cities in Virginia to Buy a Home in 2025
Virginia is home to several high-priced cities offering luxury living, scenic views, and prime real estate. The most expensive cities in Virginia may appeal to those seeking upscale amenities and exclusive neighborhoods. However, if you’re a homebuyer seeking affordability, you
Top 10 Most Expensive Cities in North Carolina to Buy a Home in 2025
If you’re looking to move to one of the most expensive cities in North Carolina, prepare for top-tier amenities, luxurious neighborhoods, and a higher price tag. While these cities offer exceptional quality of life, homebuyers working within a strict budget