Thanks to a Missouri jury, the way we buy and sell homes may change

Nov 1, 2023
The jurors found that the National Association of Realtors and a couple of big brokerages conspired to inflate commissions.
Homebuyers could have more power to negotiate lower agent fees, said Susan Wachter of  Wharton.
Mario Tama/Getty Images

Most millennials are homeowners now

Sep 28, 2023
Millennials have faced challenges to homeownership for years. Now, a slim majority of millennials own a home.
As of 2022, the majority of millennials now own homes.
Joe Raedle/Getty Images

Franchises are big business, but they're adjusting to economic headwinds

Sep 22, 2023
Franchisees get help with marketing and branding, but the corporate parent can’t do much about high interest rates and labor costs.
McDonald's royalty fees will rise from 4% to 5% for some franchisees, according to a company email viewed by Marketplace.
Justin Sullivan/Getty Images

What a “de facto ban” on Airbnb means for New York City 

Sep 21, 2023
Will housing prices go down with fewer short-term renters around?
Airbnb has a long history in New York City. But New York's stance towards short-term rentals has just gone from one of the most relaxed policies out there, to one of the strictest.
Kena Betancur/AFP via Getty Images

"Life happens." Why some home buyers and sellers forge ahead in spite of interest rates

Sep 13, 2023
People motivated to buy or sell homes in this market are often hitting significant milestones, from babies and back-to-office mandates to downsizing and retirement.
Even though interest rates are high, some home buyers have been spurred to move by big personal changes.
Roberto Schmidt/AFP via Getty Images

Moving — instead of building — a house

Aug 29, 2023
When the Knapp family relocated from Alaska to Wisconsin, they bought a building from a church for $1 and relocated it to their property.
When Anna and Patrick Knapp came to Wisconsin, they decided to take a house off of a church's hands and move it to their property. It worked out well.
Courtesy Anna Knapp

Checking in on the path of pandemic homebuying

Aug 10, 2023
Three real estate agents explain how their communities have changed.
The flow of out-of-state buyers into rural communities has not stopped, according to one Montana real estate agent.
Justin Sullivan/Getty Images

For public good, not for profit.

New study examines the viability of turning empty office blocks into homes

Aug 9, 2023
The paper considers whether tax breaks might incentivize developers to take on the conversions.
Converting empty office buildings into apartments can add affordable housing, bring more people into downtowns and cut carbon emissions, according to the paper.
Justin Sullivan/Getty Images

Homeowners are gaining equity, but it may be going untapped

Jul 31, 2023
A new report finds the rate of mortgage borrowers considered "equity rich" increased to 49% in the second quarter.
"Why would you refinance if you've got a mortgage of 3%, at a mortgage rate of 7%?" says Susan Wachter of the Wharton School.
Philip Pacheco/AFP via Getty Images

Co-buying a house with your best friend

Jul 27, 2023
The lack of affordability has spurred “nontraditional setups” like this partnership between women who trust each other and work well together.
In 2022, Cass Lang, left, and Jordan Heiden bought a home together in Vermont. “We both wanted the same thing at the same time, so why would we not do it?” Lang said.
Courtesy Lang