Wed.Jul 02, 2025

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Sotheby’s: Luxury housing market remains resilient despite economic uncertainty

Housing Wire

Wealthy U.S. households continue to lead gains in real estate values despite ongoing economic volatility, according to a mid-year report from Sotheby’s International Realty. The 2025 Mid-Year Luxury Outlook highlights that the luxury housing sector remains a strategic asset for those who are navigating inflation , stock market shifts and global uncertainties while continuing to invest heavily in high-end properties. “Ultra-high-net-worth individuals continue to view real estate as an essen

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Can a Buyer Back Out of a Contract? What Sellers Need to Know

Redfin

Key takeaways Buyers can back out if they’re within contract contingencies. Sellers usually keep the earnest money if buyers back out without cause. A strong contract helps protect you from legal and financial issues. A question that rattles both sellers’ nerves and real estate professionals’ phones: What happens when a buyer backs out of a home sale?

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Denver brokerage, Curbio form home services partnership

Housing Wire

Denver-based real estate brokerage West + Main Homes has launched a new home improvement service in partnership with contractor Curbio. The program, called Refresh by West, offers West + Main agents and their clients access to expedited, fixed-price proposals for presale or move-in home improvements. Curbio — a Maryland -based contractor that specializes in residential projects for home buyers and sellers — will manage and execute the work through its local project teams.

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California passes sweeping reform to expedite new housing

Real Estate News

The changes, which include an overhaul of the California Environmental Quality Act, target affordability and the housing shortage, the governor’s office said.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Top Hamptons broker Terry Cohen joins Compass

Housing Wire

Terry Cohen — a leading New York real estate broker in the Hamptons with more than $2.5 billion in career sales — has joined Compass after leaving her role as a partner at Hedgerow Exclusive Properties. Cohen, who closed $150 million in home sales in the past year alone, is known for representing a broad range of luxury properties in Long Island’s East End, from $1 million homes to estates priced at $100 million, the James Lane Post reported.

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Truv and Tidalwave announce point-of-sale integration

Housing Wire

Truv , a provider of direct-to-source income, employment and asset verifications, on Wednesday announced a strategic integration with Tidalwave , an AI-powered mortgage point-of-sale platform. Per a press release from Truv , the integration “embeds Truv’s advanced verification capabilities directly into Tidalwave’s mortgage application flow,” establishing a seamless verification process that reduces preapproval times and improves conversion rates. “Our integration w

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Compass ‘has not and will not adhere’ to Clear Cooperation

Real Estate News

In an email to MLS and NAR leaders, CEO Robert Reffkin says the brokerage is not bound by the CCP and will not ask its agents to comply with the policy.

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Compass will no longer adhere to Clear Cooperation, other NAR MLS policies

Housing Wire

Compass ’s crusade against the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) continues. On Tuesday, the Robert Reffkin -helmed firm informed local MLS and NAR leadership that it “does not consider the Clear Cooperation Policy or any national NAR MLS rule impacting clients as binding,” and that it “has not and will not adhere to CCP or any national NAR MLS rule.

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When Is the Best Time to Sell a House in Ontario?

HomeLight

If you’re getting ready to sell your home in Ontario, California, it’s important to set yourself up for success — whether that means getting top dollar or closing quickly. Choosing the right local agent and preparing your home for the market are key, but timing your listing well can also make a big difference. To help you find the best time to sell a house in Ontario, we spoke with Crystal Hoggard , a HomeLight Elite Agent who sells over 69% more single-family homes than the average

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Rust Belt no more: Manufacturing revival turns Ohio into housing hotspot

Housing Wire

The exodus of manufacturing jobs in the Midwest that accompanied China ’s rise as a global economic power earned the region the unflattering nickname of the “Rust Belt” as old plants were abandoned and population growth declined. These events led to stagnant housing markets , an aging population and a yearning from the older generation to “make America great again” by investing in manufacturing.

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Inventory has doubled in nearly half of the US’s largest markets

Inman

Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with metros in the South and on the West Coast seeing active inventory double compared to 2019.

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Berkshire Hathaway HomeServices adds broker associate in Florida

Housing Wire

Angie Lawson has joined Jacksonville-based Berkshire Hathaway HomeServices Florida Network Realty as a broker associate, the company announced. Lawson will work with home buyers and sellers across the region — offering full-service representation backed by the firm’s in-house mortgage , title and marketing support. “I am thrilled to be joining Berkshire Hathaway HomeServices Florida Network Realty, a company that aligns perfectly with my values of professionalism, integrity, and service,” Lawson

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Mortgage Rates Today: The States Offering Lowest Rates – July 2, 2025

Marco Santarelli

Okay, here's the lowdown on where to find the most appealing mortgage rates in the U.S. as of July 2, 2025 : If you're shopping for a 30-year fixed rate mortgage for a new home purchase, you might want to focus your search in New York, Massachusetts, Colorado, Connecticut, Florida, New Jersey, California, Texas, and Washington. These states are currently showing refinance averages between 6.36% and 6.72%.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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NWMLS asks court to dismiss Compass’s antitrust suit

Housing Wire

Northwest MLS (NWMLS) is asking a U.S. District Court judge to dismiss the antitrust lawsuit filed against it by Compass in April. In a motion to dismiss the suit for failure to state a claim, NWMLS asked for the suit to be dismissed with prejudice, which would prevent Compass from refiling it in the future. In the motion, NWMLS claims that Compass “fails to allege a cognizable relevant market,” that its “own allegations undermine any claim of anticompetitive effects and confirm the pro-competit

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Asking Rents Mostly Unchanged Year-over-year

Calculated Risk Real Estate

Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market. Slower household formation and increased supply (more multi-family completions) has kept asking rents under pressure for the last few years. More recently, immigration policy has become a negative for rentals. Apartment List: Asking Rent Growth -0.7% Year-over-year From ApartmentList.com: Apartment List National Rent Report Rents are up 0.2% month-over-month, down 0.7% year-over-yea

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FHFA wants crypto in mortgages. Lenders have questions

Housing Wire

Just a week ago, Federal Housing Finance Agency (FHFA) Director Bill Pulte issued a directive for Fannie Mae and Freddie Mac to begin preparing their businesses for the use of cryptocurrency in single-family mortgages. In response, originators are weighing the potential hurdles for offering crypto-backed loans. Despite crypto’s promise, its extreme volatility poses risks, including margin calls if asset values drop.

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4 Top Estate Sale Companies in Topeka, KS

HomeLight

If you’re researching estate sale companies in Topeka, KS, it may be because you’re working through the difficult process of clearing out a home after a major life change — such as the passing of a loved one or a move prompted by health needs. In this guide, we feature some of Topeka’s top estate sale providers and share what to expect in terms of services, timelines, and possible returns.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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eXp World Holdings names Jesse Hill as CFO

Housing Wire

Jesse Hill has been appointed chief financial officer (CFO) of eXp World Holdings Inc. , the company announced Tuesday. The appointment is effective immediately. Hill had been serving as interim CFO and principal financial officer since April. He joined the company in 2019 and has held several finance leadership roles — including vice president of international finance and corporate financial planning and analysis.

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The Hidden Cost of Buying a Home With a Low-Credit Spouse

The Mortgage Report

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates?

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5 Seller Mistakes That Could Cost Your Clients Thousands

BAM Media

This is not your average summer slowdown. BAM BBQ is happening Wednesday, July 16th. It’s 100% free, virtual, and packed with strategies from the 3 CEOs: Ryan Serhant, Leo Pareja, and Scott Harris. Sign up now and walk into Q3 ready to win. Register now at BAMBBQ.live BAM Key Details: Zillow’s June 2025 survey highlights the five most common and costly mistakes sellers make, including overinvesting in renovations and skipping key steps when hiring an agent.

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5 Top Estate Sale Companies in Lubbock, TX

HomeLight

If you’re searching for estate sale companies in Lubbock, TX, you might be preparing to sort through a house full of meaningful possessions. These situations often follow the passing of a loved one or a major life change that calls for a move. In this guide, we feature top-rated estate sale companies in Lubbock and explain how they work, what they charge, and what you might earn from a sale.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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5 Real Estate Wins in the Senate’s New Tax Bill

BAM Media

This is not your average summer slowdown. BAM BBQ is happening Wednesday, July 16th. It’s 100% free, virtual, and packed with strategies from the 3 CEOs: Ryan Serhant, Leo Pareja, and Scott Harris. Sign up now and walk into Q3 ready to win. Register now at BAMBBQ.live BAM Key Details: The newly passed Senate tax bill highlights five major wins for real estate, including a permanent mortgage interest deduction and a five-year quadrupling of the SALT cap starting in 2025.

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Protecting Agents from First Contact to Close

GeekEstate Agents & Brokers

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase: Tether RE] A safety and productivity platform for real estate professionals, Tether RE’s mobile app offers 24/7 live monitoring, discreet SOS alerts, and automatic struggle or impact detection to protect agents during in-person client interactions.

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California Is Running Out of Safe Places to Build Homes Due to Fires, Rising Seas

Seattle Times Real Estate

Skip to content Local News Traffic Lab Law & Justice Local Politics Education Education Lab Eastside Climate Lab Environment Health Data Mental Health Project Homeless Times Watchdog Business & Tech Boeing & Aerospace Amazon Microsoft Technology Real Estate Economy Artificial Intelligence Nation & World Nation & World Politics Oddities Sports Seahawks Mariners Huskies Cougars Storm Kraken Sounders Reign High School Sports On TV/Radio Entertainment Movies Books Music Theater

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Today’s Mortgage Rates – July 2, 2025: Rates Edge Up, 30-Year FRM Rises to 6.74%

Marco Santarelli

As of July 2, 2025, mortgage rates have shown signs of slight fluctuations. According to Zillow, the national average 30-year fixed mortgage rate currently stands at 6.74% , which has seen a minor increase from yesterday's rate of 6.73%. For those interested in refinancing, the average 30-year fixed refinance rate has decreased slightly to 6.93% , down from 7.00%.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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5 Signs a Senior Homeowner May Be Ready to Downsize

RIS Media

Although a senior homeowner may not have taken the steps yet to downsize or move, the signs are often there for eagle-eyed agents. Recognizing these life changes can help you offer timely, relevant solutions while securing your next listing. Here are five signs a senior homeowner may be ready to downsize: Loss of a partner… The post 5 Signs a Senior Homeowner May Be Ready to Downsize appeared first on RISMedia.

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Mortgage Rates Predictions for the Next 2 Years: 2026 and 2027

Marco Santarelli

Mortgage rates are a fundamental determinant of housing market activity, directly impacting affordability for prospective homebuyers and influencing refinancing decisions for current homeowners. After a period of significant volatility, rates in 2025 have settled into a range that, while still elevated compared to the historically low levels of the pandemic era, shows signs of potential future easing.

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4 Top Estate Sale Companies in Kenosha, WI

HomeLight

If you’re searching for estate sale companies in Kenosha, WI, you may be in the process of clearing out a home filled with a lifetime of belongings. Whether you’re coping with the loss of a loved one, helping a senior relocate, or downsizing your own home, choosing the right estate sale company is key. In this article, we’ll spotlight some of the leading estate sale companies in Kenosha, detailing their typical operations, timelines, costs, and the potential earnings you might expect.

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