Housing supply "needs to essentially double to moderate home price gains," says NAR Chief Economist Lawrence Yun.

Rafael Perez highlighted the impact of owning a home on the ability to build generational wealth in a discussion with members of Congress about financial security in the Latino community.

From subtle logo tweaks to total makeovers, rebranding can help businesses acquire customers, repair reputations or rise above a crowded market, entrepreneur John Rampton writes. Rampton explains when a small change is enough and when a complete transformation is warranted, as well as the importance of thorough research and strategic alignment.

The news, however, came with a hint of another rate hike before the end of the year, and economists are already warning against such a move.

High mortgage rates weighed on the market for new homes as construction declined in August, according to the Census Bureau. New-home construction fell to the lowest level since June 2022, with an 11% decline compared with July.

Institutional investors focused on rental homes are facing challenges finding properties amid scarce supply and elevated mortgage rates. At the same time, market dynamics are creating pricing power for landlords who already have properties to rent out, including Invitation Homes and AMH, according to John Pawlowski of Green Street. "The reality is the rental-rate increases, as aggressive as they've been, have not kept up with home-price appreciation," AMH CEO David Singelyn said.

The Eklund | Gomes Team at Douglas Elliman has introduced Maya, an AI real estate expert powered by ChatGPT. Maya draws information from property photos to provide tailored listing details, answer real estate-related questions and offer insights into neighborhoods.

REALTOR® Irene Sawyer survived a rare form of breast cancer. Now she helps other women in her community battle the disease and avoid medical debt. Learn about all 10 finalists vying for NAR's Good Neighbor Awards, and vote for your favorite cause through Oct. 1.

About 1,000 people facing homelessness and personal challenges in Chicago and suburban Cook County have secured permanent supportive housing through a flexible housing program. This initiative, supported by both public and private funding, focuses on addressing serious mental illness, substance abuse and legal issues while reducing emergency service use and hospitalizations through stable housing solutions.

The Federal Reserve's decision to hold the target federal funds rate steady could have implications for American consumers in the form of the rates they pay on credit cards, home loans and other kinds of debt, experts say.