Posts by Kerrie Kennedy

Compass files to go public

Compass is working with Goldman Sachs and Morgan Stanley as underwriters of their initial public...

Here are the 10 most powerful people in real estate in 2021

The Swanepoel Power 200 ranks leaders from all sectors of the residential real estate industry based on three months of research and more than 400 hours of...

Construction a bright spot in December jobs report

December marked the end of seven straight months of job...

Pandemic-era sellers to iBuyers: ‘No thanks’

As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded...

Super sellers’ market may hinder affordability outlook for 2021

“Comparing the RHPI levels in October relative to the resurgence of home buyer interest in June, affordability declined in 24 of the top 50 markets we track.”...

Existing-home sales slide slightly in November

Sales in November are still 25.8% higher year over...

Strong housing market fundamentals to remain a constant in 2021, says new report

Strong underlying fundamentals shaped the housing market’s remarkable 2020 comeback story and, with a vaccine rollout underway, the stage is set for another strong year in 2021, says First American Chief Economist Mark...

New home construction momentum may set stage for ‘year of the home builder’

“Nothing sells like a shortage. We have underbuilt new housing relative to demand for a decade. Building will have to exceed household formation for a number of years to reduce the housing stock ‘debt’ we have accumulated.” — First American...

Realtors double donations, increase volunteer work during pandemic

The median annual value of Realtor associations’ donations to communities doubled from $5,000 in 2018 to $10,000 in 2020, according to a new...

Are condos the new bargain property?

A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for...

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