Millennials are once again driving the home purchase market: NAR

Millennials replaced baby boomers as the largest group of homebuyers in 2023.The combined share of millennials, both younger (ages 25 to 33) and older (ages 34 to 43), made up a combined 38% of the home purchase market last year, up from 28% in 2022, according to the 2024 Home Buyers and Sellers Gen
Read MoreCompass to acquire Latter & Blum

Compass is entering the housing markets in Louisiana and Mississippi through its acquisition of Gulf Coast-based brokerage Latter & Blum. The Robert Reffkin-helmed Compass announced the acquisition on Wednesday. The companies did not disclose the financial terms of the deal. “We are excited to welco
Read MoreKeller Williams named in additional lawsuit regarding profit-sharing program

Keller Williams is named in another class-action lawsuit that contests alterations made to the brokerage’s profit-sharing program. There are now six class-action lawsuits against KW that challenge the company’s profit-sharing program adjustments. Last month, five agents formerly affiliated with Kell
Read MoreHow the brokerage landscape has changed in the last five years

A pandemic-fueled home-buying bonanza. Rate-hike-squeezed housing inventory. Tectonic changes in how agents are compensated in home sales. There have been plenty of changes in the last five years, and RealTrends Verified has gotten the inside look at how the nation’s top brokerages have been affecte
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