Renters now outnumber owners in key U.S. cities. Is the real estate industry paying attention?

In cities across the U.S., the scales have tipped, and most of the real estate industry hasn’t noticed. More than 44.5 million households in the United States are renter-occupied, accounting for 35 percent of all homes. But in many of the country’s most economically influential metros, that number isn’t 35 percent but the majority. Manhattan? […]

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PennyMac, the top dog in correspondent, says its broker business is booming

PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $136.5 million for Q2 2025 on revenue of $444.7 million, which executives attributed to big strides made in the broker channel and a servicing portfolio that has surpassed $700 billion UPB. During the earnings call, CEO and Chairman David Spector commented that PennyMac was experiencing

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eXp team leader David Brooke on how to overcome industry myths

On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with David Brooke — founder of the Brooke Team at eXp Realty — for a candid conversation about the challenges and rewards of team leadership in today’s real estate landscape. From navigating team turnover and agent burnout to building a strong, values-driven

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