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Millennials want more space in the rental market

As the housing market continues to be marked by high mortgage rates and record-breaking home prices across many U.S. regions, renting continues to play a pivotal role for millions of people. Currently, more than 44 million U.S. households rent their homes, a figure that is expected to continue to rise as economic conditions make homeownership…

Feeling the squeeze: NAR settlement terms trigger commission compression

Although the industry is barely than a week into the “new normal,” some real estate agents and brokers are already seeing smaller buy-side commissions. “It kind of started before the [National Association of Realtors] settlement went into effect, but commission compression is a real thing,” Brian Huskey, the broker-owner of Montana-based ERA American Real Estate,…