
They’re Buying Houses Out in the Country but Still Renting Apartments in the City—Here’s Why
New York is one of the most densely populated cities in the United States. There’s a lot to love about it, but if you ask its residents, they'll likely say it can feel too crowded, too dirty, and too chaotic. So it helps to have a place to escape to, if you can afford it. North of the city, the Hud
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Consolidation in Residential Real Estate: Why Financial Intelligence Matters More Than Ever
The residential real estate industry is experiencing an unprecedented wave of consolidation and change. Change creates challenges—but it also creates opportunities for the prepared. Major transactions in recent years highlight this trend. Compass acquired Anywhere and @properties, Rocket Companies a
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Judges Appear Inclined to Allow Anywhere Copycat Settlement to Proceed
Two federal judges this week appeared inclined to let a parallel homebuyer antitrust case against several brokerages move toward settlement, mostly denying plaintiffs who have fought to block or consolidate the competing litigation. The controversy came after Anywhere Real Estate struck a $9.6 mill
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US loses 92,000 jobs in February as labor market continues to cool
In a sign of a still-softening labor market, U.S. employers eliminated 92,000 nonfarm payroll jobs in February, according to data released Friday by the U.S. Bureau of Labor Statistics (BLS). Economists say the report is unlikely to change the Federal Reserve’s stance on interest rates. Meanwhile, t
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