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KW Expansion Network will support business operations of the U.S.-based KW real estate expansion teams.

Sellers understand buyers are intrigued by low mortgage rates. At the same time, sellers have a fear of missing out, especially retirees. Sellers want to list before mortgage rates rise to a potential 5%. According to the Homelight report, 52% of agents agree mortgage interest rates will need to strike 4-4.5% for buyer demand to slow.

Kinlin Grover and the Randall Family of Companies, one of New England’s largest independent brokerage firms and the leading firm in the Cape Cod market, has joined Compass, beefing up Compass’s marketshare in the area.

The roof isn’t on fire but the housing market sure is. It’s a profitable time for sellers. Listings are on par with past years and standing inventory is slightly up. Homebuyers are still out in full force and they’re willing to pay above listing price for a home.

It sounds simple: housing trust money should be used for housing. But, over the last 10 years, according to Florida Realtors, Florida government has diverted over $2 billion out of existing affordable housing trust funds, and spent it on other unrelated projects.

eXp World Holdings and Kind Lending will launch a mortgage joint venture called Success Lending. They are recruiting LOs and hope to launch by October.

Tomo is a new mortgage platform backed by ex-Zillow executives Greg Schwartz and Carey Armstrong. Seventy million in seed fund was raised.

Even though the share of institutional ownership of single-family rentals remains small, the impact of institutional investors looms large.

What’s going on with housing supply and demand?

Hampered by labor shortages, rising material costs and government regulation, home builders are looking to Congress for ways to decrease the estimated “underbuilding gap” of 5.5 million homes and help with housing affordability.