As foreclosures turn former homeowners into renters and new buyers stay on the sidelines, the apartment sector relishes its nascent recovery. Increased demand begat higher occupancy rates and rents, as well as new construction despite lingering headwinds from a sluggish economy. Homeownership — long considered the quintessential American dream — is at a 13-year low, but apartment growth, which was also hurt with the economic downturn, is seeing a comeback of sorts.
Rethinking the dream
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Judge approves brokerage commission lawsuit settlement agreements
Settlements reached by Anywhere, RE/MAX and Keller Williams in the commission lawsuits were approved on Thursday.
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UWM returns to profitability in Q1 amid MSR sales, improved margins
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world
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Former top executive withdraws lawsuit against Better.com and its founder
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In Q1 earnings, Longbridge parent expects reverse mortgage market to improve
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Judge denies Batton plaintiffs’ request to block settlement agreement’s final hearing