Wed.Jul 02, 2025

article thumbnail

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

MLS 312
article thumbnail

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.

257
257
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Mortgages 306
article thumbnail

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.

264
264
article thumbnail

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

article thumbnail

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.

Principal 292

More Trending

article thumbnail

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

Sales 249
article thumbnail

FHFA director says Fed chair should be removed ‘for cause’

Real Estate News

Bill Pulte is asking Congress to investigate Jerome Powell for “malfeasance.” The move follows months of criticism from Pulte and Trump over interest rates.

233
233
article thumbnail

‘More than cosmetic’: Fairway Independent Mortgage changes its name

Housing Wire

Fairway Independent Mortgage Corp. announced Wednesday that it’s changing its name to Fairway Home Mortgage. “Changing our name to Fairway Home Mortgage reflects a fresh look, a renewed perspective, and a future-forward vision,” Fairway founder and CEO Steve Jacobson said. “The change is more than cosmetic — it represents our evolution, and our commitment to innovation, all while staying rooted in the values that have always defined Fairway.” Over the coming months,

Mortgages 347
article thumbnail

Why thought leadership is the new real estate agent advantage 

Inman

Leads follow leaders, Angela Yungk writes. Lead with purpose, clarity and consistency, and you won't have to chase business — it finds you.

Agents 88
article thumbnail

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.

article thumbnail

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.

MLS 262
article thumbnail

Compass Joins Howard Hanna in Flouting Clear Cooperation

RIS Media

Continuing what now appears to be a scorched earth strategy in defense of its private listing-focused business model, Compass today announced it will no longer be adhering to the Clear Cooperation Policy (CCP), which requires listings be added to the MLS within one day of public marketing, saying that it does not consider the rule—or… The post Compass Joins Howard Hanna in Flouting Clear Cooperation appeared first on RISMedia.

MLS 89
article thumbnail

Foundation Mortgage offers July pricing incentive for brokers

Housing Wire

Florida-based lender Foundation Mortgage announced on Wednesday the launch of its Stars, Stripes & Submissions Broker Challenge — a limited-time pricing incentive for July that was created to reward brokers for delivering funded loans in June. The promotion offers mortgage brokers the chance to earn exclusive pricing credits on eligible nonqualified mortgages ( non-QMs ) that are locked in July.

Mortgages 249
article thumbnail

Park Slope Brownstone With a Wealth of Woodwork, Mantels Asks $3.995 Million

Brownstoner

The list of period details inside this 1880s Park Slope dwelling is rather long, with an abundance of woodwork, mantels, and other fine features. Located just outside the historic district at 744 Carroll Street, it hasn’t been on the market in decades, but its vintage finishes seem to have gotten… Read More > The post Park Slope Brownstone With a Wealth of Woodwork, Mantels Asks $3.995 Million appeared first on Brownstoner.

article thumbnail

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.

article thumbnail

Realty Executives International Announces Unified Leadership in Arizona

RIS Media

Realty Executives International has announced that it is aligning its ownership structure across Arizona, re-establishing common ownership of the Phoenix and Yuma market territory. This strategic move consolidates Realty Executives’ presence in Arizona under one ownership group. The company started 60 years ago in Phoenix and showcases approximately 5,500-plus agents.

Agents 80
article thumbnail

Will the Cape Coral Housing Market Repeat the Crash of 2008?

Marco Santarelli

Is Cape Coral heading for another housing market disaster? The short answer is: quite possibly. While it's not a certainty , several warning signs – dropping prices, a glut of homes for sale, and economic uncertainty – suggest that Cape Coral is teetering on the edge. Having been at the heart of the 2008 subprime mortgage crisis, could history be repeating itself?

article thumbnail

Your next referral source is already in your phone

Inman

The best lead generation comes from genuinely valuing and nurturing the relationships you already have and keeping in touch with your network.

Agents 88
article thumbnail

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.

Agents 73
article thumbnail

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.

article thumbnail

Most Canadians Permanently Leaving Are Fleeing Ontario and BC

Better Dwelling

Canadians are packing up and leaving for good, and high home prices may be a major contributor. Last week we discussed Statistics Canada’s (Stat Can) emigration data showing 2025 saw one of the biggest Q1 outflows on record. Breaking that data down by province reveals the largest source of emigrants is Ontario. Combined with BC, […] The post Most Canadians Permanently Leaving Are Fleeing Ontario and BC appeared first on Better Dwelling.

Banks 78
article thumbnail

Current Home Pricing

BubbleInfo

These graphs are updated on the first of the month so these are the latest numbers and they are interactive so you can scroll over to see the individual data. These are tracking the Coastal North region of SD County.

Sales 92
article thumbnail

How do you think the private listings battle will play out? Pulse

Inman

Are you Team Compass? Team Zillow? Or are you just keeping watch to see who comes out on top and how you can pivot?

article thumbnail

1% Down Mortgages: How They Work and Where to Get One

The Mortgage Report

Explore the inner workings of the 1 percent down mortgage, and learn how it can make your dream of buying a home with a minimal down payment a reality.

article thumbnail

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.

article thumbnail

The 3 ‘Hottest’ Markets in Each Region This Spring

RIS Media

Small, affordable towns close to larger metro areas are pretty hot right now, according to an RISMedia analysis of Realtor.com®’s May 2025 Market Hotness ranking. Massachusetts, West Virginia, Wisconsin and California had the hottest markets, and the Northeast took the lead with the top 7 overall, all located in New England. Interestingly enough, the hottest… The post The 3 ‘Hottest’ Markets in Each Region This Spring appeared first on RISMedia.

article thumbnail

Finding Financial Freedom: Jennifer Leahy’s rise from rock bottom to real estate powerhouse

Inman

For women looking to reclaim their independence after divorce, a career shift or personal upheaval, real estate can offer more than just income, Melanie Klein writes.

article thumbnail

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

Closing 59
article thumbnail

Two or More Story Home Starts Rebound in 2024

Eye on Housing

Over half of new single-family homes built in 2024 were two or more stories, according the recent release of the Census Bureau’s Survey of Construction (SOC). After declining in 2023, the share of homes started with two or more stories increased again in 2024, continuing the upward trend in place since 2020. Nationwide, the share.

article thumbnail

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.

article thumbnail

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.

Sales 59
article thumbnail

The AI Advantage: Experts Share How AI Is Revolutionizing Real Estate—and Why the Potential for Agents Is Limitless

RIS Media

Remember 1995? If you were of a certain age in the mid-’90s, you’ll recall what it was like when the internet barreled onto the scene, omnipresent and rapidly changing every facet of our personal and business lives—whether we wanted it to or not. Whether you lived through the early days of the internet’s sea change… The post The AI Advantage: Experts Share How AI Is Revolutionizing Real Estate—and Why the Potential for Agents Is Limitless appeared first on RISMedia.

Agents 62
article thumbnail

4 Top Estate Sale Companies in Erie, PA

HomeLight

If you’re looking for estate sale companies in Erie, PA, you’re likely facing a major life transition, such as a loss or a necessary move. Decluttering a home during these times can be both emotional and overwhelming. In this guide, we feature some of Erie’s top estate sale companies, outlining how they work, what to expect, and what kind of financial return might be possible.

Sales 59