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Single women homebuyers are outpacing single men by a 2-to-1 ratio

Housing Wire

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. “In 1981, 73% of home buyers were married couples, 11% were single women and 10% were single men.

Buyers 359
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The housing market is now savagely unhealthy

Housing Wire

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 To show some historical perspective on the NAR breakdown of the different types of homebuyers, the chart below shows market conditions back in 2016. We have solid replacement buyers: people needing shelter.

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With agent count sinking, RE/MAX will consider business model changes

Housing Wire

Motto Mortgage , RE/MAX’s national mortgage brokerage franchise brand launched in 2016, saw a 2.6% The year-over-year decline in agents resulted in a 4.8% drop in revenue compared to the same period last year, landing at $78.5 uptick in franchises over the past year.

Agents 459
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Kevin Sears Installed as 2025 President of The National Association of REALTORS®

Lamacchia Realty

Kevin Sears Installed as 2025 President of The National Association of REALTORS® November 7, 2024 – At the annual National Association of REALTORS® Conference Governance Meeting , held at the Boston Convention & Exhibition Center, Kevin Sears was installed as the 2025 President of The National Association of REALTORS®.

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Making housing more affordable by bridging the affordable supply gap

Housing Wire

As Candace Taylor writes in The Wall Street Journal , “These days, buyers eschew the large, ornate houses built in [previous] years in favor of smaller, more-modern looking alternatives.” Of builders surveyed, 44% say that buyers’ ability to qualify for a loan is one of the biggest obstacles for taking on a new project.

Finance 435
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Mark Willis steps back into CEO role at Keller Williams

Housing Wire

He left the company in 2016. Earlier this month, a Kansas City jury found the National Association of Realtors (NAR), HomeServices of America and Keller Williams guilty of colluding to inflate or maintain high commission rates through NAR’s Clear Cooperation rule in the Sitzer/Burnett buyer broker commission lawsuit.

Brokerage 459
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Despite hardships from pandemic, 40% of Latinos still plan to become homeowners: survey

Housing Wire

The survey also noted evidence that predominantly Hispanic neighborhoods, or neighborhoods with a Hispanic population of 50% or more, saw more than double the amount of first-time home buyer activity than that of the rest of the country between the second quarter of 2019 and the second quarter of 2020.

Inventory 497