Luxury homes are sprouting in the single-family rental sector

The single-family rental (SFR) space has taken off since the financial crisis in 2008. Now a new segment within the SFR sector — luxury homes — is gaining steam.Point2, an international real estate search portal, analyzed its internal data, public records and other sources to determine that luxury r
Read MoreResilient economy keeps mortgage rates above 7%

Mortgage rates rose slightly over the past week, with the U.S. economy continuing to show strength even as home sales remain tepid.According to HousingWire‘s Mortgage Rates Center, the average 30-year rate for conforming loans stood at 7.11% on Tuesday, up slightly from 7.08% one week ago. Meanwhile
Read MoreSotheby’s affiliate adds senior VP to oversee Florida, North Carolina projects

Naples, Florida-based Premier Sotheby’s International Realty is shaking up its C-suite. On Monday, the firm announced that Adam Kaufman will be joining the firm as the senior vice president of the firm’s new development division.In this role, Kaufman will oversee sales and marketing efforts for the
Read MoreGuaranteed Rate announces its rebrand to ‘Rate’

Chicago-based Guaranteed Rate, one of the country’s largest mortgage lenders, has rebranded to Rate. The company made the announcement Monday on social media. “Today, we’re rebranding as Rate,” the company posted on LinkedIn. “Just like our streamlined name, we’re committed to making the mortgage pr
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