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Surging home prices lead more Americans to stay in the renter pool

As the cost of buying a home has risen faster than the cost of renting for the past four quarters, it’s no surprise that renter households are witnessing more growth than their owner-occupied counterparts. The surge in renter households is outpacing the growth of homeowners in the U.S., as there are now a record 45.6…

Fathom acquires Arizona-based My Home Group

Fathom Holdings, the parent company of Fathom Realty, is expanding its footprint in Arizona. The firm announced Monday that it had acquired Scottsdale-based My Home Group, adding more than 2,200 agents to its headcount. The financial terms of the deal were not disclosed, but the company will be discussing the acquisition on its third-quarter earnings…

New LO survival 101

I remember in 2007 when I told a neighbor I was about to become a loan officer. I had been working at Washington Mutual for a few months when I was offered the opportunity to go into a mentorship under the two top loan officers in the county.  She looked me dead in the eyes and…