Wed.Jul 30, 2025

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Pending home sales down 0.8% in June, 2.8% below last year

Housing Wire

Pending home sales declined 0.8% in June from the previous month and 2.8% compared to June 2024, according to the National Association of Realtors (NAR). Data comes from the Pending Home Sales Index , a forward-looking indicator based on contract signings. Month-over-month and year-over-year declines were recorded in the Midwest, South and West. The Northeast saw a 2.1% gain from May but remained unchanged from a year earlier. “The data shows a continuation of small declines in contract si

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Market Flip: Existing Homes Outprice New Homes 

Eye on Housing

In the second quarter of 2025, the median price for a new single-family home was $410,800, which was $18,600 lower than the median price of existing homes, which stood at $429,400. This marks the largest historical gap where existing home prices exceeded those of new homes, according to U.S. Census Bureau and National Association of.

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MoxiWorks Founder York Baur joins Lone Wolf as chief industry relations officer

Housing Wire

Lone Wolf Technologies has named York Baur its new Chief Industry Relations Officer, bringing one of the real estate industry’s most recognized tech leaders into its executive team. Baur is best known for his role as founding CEO of MoxiWorks , a real estate software platform that now supports over 800 brokerages and 400,000 agents. Baur stepped down as CEO of MoxiWorks in 2024.

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AI that replaces ‘human hires’; another brokerage deal for Canva

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Adobe Stock Tech AI that replaces ‘human hires’; another brokerage deal for Canva Luxury Presence unveils “autonomous AI marketing team” for agents. Plus, Anywhere adopts Canva, York Baur joins Lone Wolf and more tech news. Real Estate News Staff July 30, 2025 6 mins Editor's note: Technology is a driving force in real estate.

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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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Realty Executives International unifies Arizona operations

Housing Wire

Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1. The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Arizona Territory name. The realignment brings together nearly 1,000 agents across 24 statewide offices, with seven additional locations — including a regional hub in Yuma — slated to open soon.

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Consolidation, mobility shape real estate agent recruiting in Q2

Housing Wire

Real estate brokerages are experiencing accelerated internal consolidation, increased agent mobility and deepening productivity divides, according to new data from Recruiting Insight. The Q2 2025 Agent Migration and Brokerage Model Performance Report — released Wednesday — draws on verified data from more than 100,000 agents across four major MLS regions.

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Compass boasts 10 all-time high metrics in 2nd quarter earnings

Inman

Revenue was up 21.1 percent year over year to $2.06 billion, marking a new all-time high for the brokerage. Transactions were also up 20.9 percent year over year, even as transactions in the market overall dropped by 0.9 percent.

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Luxury Presence launches AI marketing team for real estate agents

Housing Wire

Luxury Presence has unveiled a new artificial intelligence (AI) tool designed to automate digital marketing for real estate agents. The system — called the Autonomous AI Marketing Team — includes four AI -powered specialists that independently manage tasks such as lead nurturing, SEO optimization, content creation and digital advertising. The company said the tool is built on a proprietary system called PresenceAI, which uses real-time MLS data and behavioral insights from over 60 million annual

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Jumbo Loans Explained: How They Work & Who Qualifies

Redfin

A jumbo loan, or jumbo mortgage, is designed for homebuyers purchasing high-priced properties – whether that’s a luxury home in Charlotte or a condo in a city like San Francisco where home prices exceed standard loan limits. Because these loans go beyond the limits set by the Federal Housing Finance Agency (FHFA), they follow different rules and often come with stricter requirements.

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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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Fannie Mae posts $3.3B profit, tops $100B net worth despite earnings dip

Housing Wire

Fannie Mae announced its second quarter 2025 earnings on Wednesday and reported net income of $3.3 billion, which marked the government-sponsored enterprise’s 30th consecutive quarter of positive earnings. The company grew its net worth to $101.6 billion, representing $88.1 billion in net worth added since the start of 2020 and up from the first quarter’s reported figure of $98.3 billion.

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Can You Sell a House With a Lien on It? Here’s What You Should Know

Redfin

Selling a home is already a major undertaking, but when there’s a lien on the property, the process can get more complicated. A lien is essentially a legal claim against your property due to unpaid debts, taxes, or judgments. If you’re asking, “Can you sell a house with a lien on it?” the short answer is yes, but it’s not as straightforward as a traditional sale.

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Compass posts record performance in Q2

Housing Wire

Compass Real Estate reported its strongest quarterly performance in company history during the second quarter — delivering record revenue and profitability despite challenging housing market conditions. The company reported a 21.1% year-over-year revenue increase to $2.06 billion in the second quarter of 2025, with total transactions rising 20.9%. Compass CEO Robert Reffkin emphasized the company’s strategic focus on agent empowerment, technology innovation and operational execution Wednesday du

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9 Smart Tips for Making an Offer on a House That Stands Out

Redfin

Making an offer on your dream house can be very exciting and simultaneously quite nerve-wrecking. In today’s competitive housing market, it’s not just about the price — it’s about presenting yourself as the most appealing buyer. Whether you’re a first-time buyer looking for a home in Birmingham, AL or a seasoned investor on the hunt for houses in Miami, FL , these 9 expert tips for making an offer on a house will help you stand out and improve your chances of closing the deal. 1.

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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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Arizona homebuilders challenge groundwater restrictions

Housing Wire

As Arizona grapples with rapid growth and a changing climate, long-standing groundwater regulations are being tested in courtrooms, boardrooms and booming desert suburbs. Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies — with the future of real estate , agriculture and sustainability hanging in the balance.

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6 Types of First-Time Homebuyer Loans: Everything New Buyers Should Know

Redfin

Which loan is right for you? Conventional loans: You have a credit score of 620+, stable income, and can put at least 3% down. FHA loans: You have a credit score of 580+ (or 500+ with 10% down) and a higher DTI ratio. VA loans: You’re an eligible veteran, active-duty service member, or surviving spouse. USDA loans: You’re purchasing in a qualified rural or suburban area with low-to-moderate income.

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Compass, Zillow iron out lawsuit discovery terms

Housing Wire

Compass and Zillow might disagree on many things, but when it comes to the proposed parameters of their expedited discovery, the two adversaries managed to agree on a few items. In a joint letter filed on Monday addressed to Judge Jeanette A. Vargas, the parties outlined their proposals for the expedited discovery Compass was granted in relation to its motion for a preliminary injunction.

MLS
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23 Common First-Time Homebuyer Questions: Your Questions Answered

Redfin

Buying your first home is an exciting milestone, from browsing listings on Redfin and touring open houses to imagining life in your new space. But the buying process also raises plenty of questions, and that’s totally normal. If you’re wondering what to expect, you’re not alone. We’ll walk through some of the most common first-time homebuyer questions.

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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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CoStar sues Zillow for ‘rampant’ copyright infringement of real estate photos

Housing Wire

CoStar Group filed a federal lawsuit today accusing Zillow of mass copyright infringement, alleging the listings giant unlawfully published more than 46,000 of its copyrighted real estate photos — many watermarked — on Zillow.com, as well as on Redfin and Realtor.com. Filed in U.S. District Court in New York, the complaint claims that Zillow’s unauthorized use of CoStar images amounts to one of the largest real estate image infringement cases in history.

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Exclusive Right to Sell: Why It Benefits Sellers

Redfin

When selling a home , one of the most important decisions you’ll make is choosing the right listing agreement with your real estate agent. The exclusive right to sell is the most common and widely used agreement, and for good reason. In this Redfin Real Estate article, we’ll explain what an exclusive right to sell agreement is, how it works, and the key advantages it offers to homeowners looking for a smooth, successful sale.

MLS
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RE/MAX adds high-performing Hawaii brokerage

Housing Wire

RE/MAX is expanding its presence in Hawaii with the addition of Better Homes and Gardens Real Estate Advantage Realty , a top-performing brokerage led by veteran real estate executive Myron Kiriu. The firm will officially join the RE/MAX network on Friday under the name RE/MAX Hawaii. The move brings 170 agents and six offices into the RE/MAX system — reinforcing the company’s growth strategy in key U.S. markets.

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What is a Special Warranty Deed, and Should You Buy a House With One?

Redfin

Whether you’re buying your first home or fifth, every homeowner hopes for a smooth and secure transaction. A crucial element of this process is understanding the deed, the legal document that transfers property ownership. While a general warranty deed is the most common and offers broad protection, you might encounter a “special warranty deed” in certain situations.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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Mortgage applications fall to their lowest level since May

Housing Wire

Mortgage applications decreased 3.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending July 25, 2025. The decrease represented the applications’ lowest level since May. On an unadjusted basis, the index decreased 4% compared with the previous week. “Mortgage applications fell to their lowest level since May, with both purchase and refinance activity declining over the week.

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CoStar sues Zillow for ‘systematic’ copyright infringement

Inman

Costar, parent company of Homes.com, says Zillow is displaying thousands of images that are CoStar property — an act described in the complaint as "willful, mass infringement.

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Has RE/MAX broken its U.S. agent count slump?

Housing Wire

RE/MAX says it is finally turning the corner when it comes to U.S. agent count. “Our worldwide agent count hit a record high as of June 30, and the second quarter marked our best U.S. agent count performance since Q2 of 2022,” Erik Carlson , the CEO of RE/MAX , said during his firm’s Q2 2025 earnings call with investors and analysts Wednesday morning.

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Pending Home Sales Drop in All Regions but Northeast

RIS Media

After a slight jump in pending home sales in May, the summer buying season saw lackluster progress in most regions and overall nationwide, according to the National Association of Realtors® (NAR). NAR released its Pending Home Sales Report for June earlier today, reporting that pending sales decreased by 0.8% from last month and 2.8% since… The post Pending Home Sales Drop in All Regions but Northeast appeared first on RISMedia.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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What’s on the Arizona Seller Disclosure Form?

HomeLight

You know your Arizona home better than anyone, including its flaws. If you’re making plans to sell, you may be wondering how much you need to reveal on the Arizona seller disclosure form, officially known as the Seller’s Property Disclosure Statement (SPDS). This form gives potential buyers a better picture of your property’s condition and history so they can make a more informed decision, but it can also protect you.

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Judge orders HUD to resume allocation of fair housing funds

Housing Wire

U.S. District Court Judge Sparkle Sooknanan issued a temporary order on Tuesday, mandating that the U.S. Department of Housing and Urban Development ( HUD ) allocate crucial federal fair housing funds nationwide. The ruling is part of a federal class-action lawsuit initiated in June by the civil rights firm Relman Colfax PLLC, which represents the National Fair Housing Alliance (NFHA) and the Tennessee Fair Housing Council.

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CoStar sues Zillow over photos, claims ‘systematic infringement’

Real Estate News

The suit revolves around nearly 50,000 watermarked rental images that CoStar alleges Zillow is using illegally — and syndicating to Redfin and Realtor.com.