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Renters in U.S. Grow Three Times Faster Than Homeowner Population Based on new data from Redfin, the number of renter households in America grew 1.9% year over year in the second quarter to a record 45.2 million. That's over three times faster than the number of homeowner households, which grew 0.6% to a record 86.3 million. The number of renter households grew at the second-fastest pace since 2021, while...

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I know that surprises people,” Orphe Divounguy, a senior economist at Zillow, said of...

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) on Thursday announced an expansion of relief measures to homeowners on the Hawaiian island of Maui who are seeking to rebuild single-family homes after the devastating wildfire that destroyed the town of Lahaina. This week marks the one-year anniversary of the outbreak of the fire and federal...

Guild Holdings Co., the parent company of Guild Mortgage, delivered a profit in the second quarter of 2024, mainly due to the performance of its growing servicing portfolio. Meanwhile, its origination volume increased by 69% from April to June compared to the previous quarter but at lower margins.  Net income in Q2 2024 increased to $37.6 million, compared to $28.5 million in the previous quarter,...

After 25 years at Intuit, Glenn McGillivray has joined Rocket Companies, the parent of Rocket Mortgage, in the newly created role of chief people and places officer, the company confirmed on Thursday.  McGillivray will be responsible for the growth and development of the company’s workforce and workplace, including oversight of Rocket’s human resources and diversity, equity and inclusion (DEI)...

Following the slight loss contributed by Longbridge Financial to the first-quarter earnings of parent company Ellington Financial, the reverse mortgage lender turned its fortunes around in the second quarter, which led to praise from the Ellington executive team in a Q2 2024 earnings report released this week. Ellington reported net income contributable to common stockholders of $52.3 million, and $69.1...

In the upscale waterfront and golf community of Admirals Cove in Jupiter, FL, the ultimate trophy home is looking for some deep-pocketed new owners. Recently listed for a whopping $49 million, the massive waterfront home is by far the most expensive house for sale in Jupiter at the time of writing, with the runner-up asking a little over a third of its worth. That one — set in the same Admirals Cove...

Prioritize comfort with furniture that wraps around you like a hug. Marty Baldwin Choosing furniture that looks good is a key consideration, but having furniture that feels good is arguably even more important. As we've taken to our homes over the past few years, comfort has become paramount, and furniture styles have adapted. Rounded corners, soft edges, and arched shapes are popping up at...

Pamela Anderson shares her journey towards unmasking herself after moving to Canada in an exclusive with BHG. Ditte Isager Just as transplants from all over the world did, Pamela Anderson decided to move back home during the pandemic—her original home. She left France and sold her house in L.A. to return to Vancouver Island, British Columbia at the start of the pandemic, but perhaps for not the...

Celebrate the 50th anniversary of the beloved Beagle Scouts with this fall candle collection. Courtesy of P.F. Candle Co. P.F. Candle Co. teamed up with Charlie Brown, Snoopy, and the rest of the Peanuts crew to create the perfect cozy and nostalgic scents to fill your home with this fall. The collection celebrates the 50th anniversary of the Beagle Scouts, a scout group led by Snoopy in both the...