News / Features

Deck the halls: Unwrapping 2023’s Christmas decorating stats

With the holidays arriving, 83% of Americans are decorating for the festivities, according to Lombardo Homes. The new-construction company is unwrapping all the stats surrounding Americans’ and their holiday cheer.

Living room renovations: America’s hottest home upgrade trend

The term “living room renovation” was Googled 629,832 times per month. The data indicates that Americans are most interested in updating their living rooms.

As remote work continues, these hot markets are poised for growth

The Sun Belt is poised for the strongest residential real estate growth in the U.S., according to the 2024 Emerging Trends in Real Estate report, released jointly by PwC and the Urban Land Institute every year.

Existing home sales fall 14.6% annually

The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.

Step into a purple fairytale in Bridgeport, Connecticut

In Bridgeport, Connecticut, the seller transformed this one-of-a-kind, two-family home with her own artwork and renovations.

NAR installs 2024 leadership team

Tracy Kasper was named 2024 president of the National Association of Realtors® during the organization’s annual event in Anaheim, California. 

The kinds of houses buyers opted for this year

Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.

NAHB: The two-car garage is king

Across the map, there’s a dominant parking option among single-family homes: the two-car garage. Sixty-six percent of new single-family construction in 2022 included two-car garages.

Inside today’s real estate firms: top challenges, future outlook and more

Real estate firm leaders are worried about housing affordability and inventory in the next two years, according to the 2023 Profile of Real Estate Firms by the National Association of REALTORS®.

NAR’s latest Profile of Home Buyers and Sellers shows homebuyers’ median income is up roughly 20%

Today’s homebuyers are more likely to pay cash and be unmarried and childless than in previous years. They’re also entering their new homes with a much steeper income, according to NAR’s annual Profile of Home Buyers and Sellers report.

Mark Willis returns to his former role as CEO at Keller Williams

Mark Willis, who served as CEO of Keller Williams from 2005 to 2014, has stepped back into the role effective immediately.

RE/MAX Holdings names new CEO, Erik Carlson, after 2-year search

RE/MAX Holdings has named a new CEO after nearly two years of searching: Erik Carlson, former CEO of the DISH Network Corporation. The firm’s last CEO, Adam Contos, stepped down in January 2022.

Oops!…Britney Spears’ childhood home is on the market (again)

Any buyer would be “Lucky” to own this piece of pop history — Britney Spears’ childhood home has returned to the market.

Homebuyers need an annual salary of $115,000 to afford an average U.S. home

New homebuyers must make an average annual salary of $115,000 to afford the average U.S. home, according to recent studies from Redfin. That’s about $40,000 more than the typical American household earns.

Another lawsuit regarding buyer commissions — this time, in Illinois

In the wake of the Sitzer/Burnett verdict, a new, similar lawsuit — this time on behalf of homebuyers — has been filed in the Northern District of Illinois, Eastern Division.

A thriving niche in mortgage lending: The Certified Divorce Lending Professional

Certified Divorce Lending Professionals go through extensive training and continuing education to achieve and maintain their CDLP designation.

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