Author: Michael Gersitz

For centuries, property ownership has played a foundational role in human society. In the U.S.,  homeownership has come to symbolize financial stability and economic opportunity. Real estate  is both a tangible asset and a vehicle for wealth creation. Following the

Mortgage demand decreased 8.5% for the week ending April 11, according to the Mortgage Bankers Association (MBA)’s weekly applications survey — a stark contrast to the 20% increase seen a week earlier. Last week’s application news was dominated by the

Berkshire Hathaway’s HomeServices of America has a new CEO, promoting Executive Vice President Chris Kelly as former CEO Gino Blefari steps into a new role. Blefari, who has served as president and CEO of the company for more than five

As a real estate agent in 2025, you have two choices: Learn how to run your entire business from the apps on your phone or tablet or find a new career. The days of running back to the office to

Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week. Mortgage volumes at BofA and Citi, which

Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. Despite the appeal of running their own operation, most find themselves facing financial challenges due to high overhead costs,

More than $700 billion in home equity is effectively “trapped” and inaccessible to homeowners due to a variety of economic circumstances, including employment shocks and shifts in the market that negatively impact their credit scores. This information comes from an

FirstTeam, an independent real estate brokerage based in Southern California, has begun its national expansion by opening new offices in Idaho and Washington, with plans to establish operations in Arizona, Nevada, and Oregon. Founded in 1976, FirstTeam operates more than

The family of a deceased reverse mortgage borrower in Connecticut, who sought to reopen a case involving the foreclosure of their relative’s home after her death, have been denied a motion to reopen the case after a judge found that

High mortgage rates, low inventory and stagnant demand have made life difficult for real estate brokerages in recent years, and President Donald Trump’s tariff policy isn’t helping. The massive scale and scope of Trump’s new global tariff regime shocked the