Has homeownership become a luxury good?
First-time buyers now make up only 21% of home purchases, with the median age rising to 40 and the under-35 homeownership rate at 37.1%.
Real Estate
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Atlas VMS integrating AI review tool into AIM-Port platform
The move aims to reduce manual review work for lenders and appraisal management companies while improving consistency and appraisal quality.
Luxury home sellers offering more creative concessions
A survey of The Agency brokers saw more than 60% reporting to have seen more concessions this year compared to 2024.
Louisiana again tops the chart for outbound moves
Atlas Van Lines’ 2025 migration study shows US mobility remains low due to high housing costs, with Arkansas and Idaho leading inbound moves.
Redfin defends climate risk transparency after Zillow removes data
Redfin will continue to display First Street climate risk data on listings, citing buyer value and transparency concerns.
Real estate veteran Steve Simonetti opens REMAX NEXUS
After 35 years as a REMAX agent, Simonetti is stepping into a new role as a REMAX broker-owner, setting up shop in Redondo Beach, Calif.
Greystar to pay $24M, end hidden fee practices under FTC, Colorado settlement
Greystar is settling allegations that it misled renters by advertising low monthly prices while adding undisclosed mandatory fees.
Northern Virginia real estate leaders speak on recent inventory surge
The region recorded 8,194 active listings in October, up from 5,877 annually — a level of supply that hasn’t been seen in several years.
eXp’s new framework signals a shift: Transparency isn’t optional anymore
eXp Realty’s new forms mandate referral fee disclosure and highlight consumer choice for ancillary services in every deal.
Kriss Law/Atlantic Closing & Escrow expands New England footprint with merger
Kriss Law/Atlantic Closing & Escrow has merged with DaMore Law and its Vermont division, Green Mountain Lawyers.