Almost five years have passed since the original Batton homebuyer commission lawsuit was filed, and the plaintiffs are finally asking for certification of their proposed class. Filed in U.S. District Court in Illinois, the lawsuit alleges that the National Association
Mortgage rate shift turns fall into a ‘new spring’ for lenders
Recent moves in mortgage rates have industry experts predicting that this fall could feel like a “new spring” for originations — even as the threat of a federal government shutdown looms. On Tuesday, HousingWire’s Mortgage Rates Center, which tracks locked
Rocket Pro unveils broker-focused initiatives at RPX in Detroit
Rocket Pro on Tuesday unveiled a slate of broker-focused initiatives affirming its commitment to the broker channel. The announcements, made at Rocket Pro Experience (RPX) held in Detroit, involve a set of 10 partner promises, a new manifesto video and
Home price growth drops to lowest level in two years
Home prices are continuing to rise, but at a much slower pace. Home prices rose 1.7% nationwide in July, according to the S&P Cotality Case-Shiller Index released Tuesday. This pace is slower than the 1.9% annual growth recorded in June
Corcoran Group adds first Rhode Island affiliate
Corcoran Group announced the launch of Corcoran Chart House Realty, the brokerage’s first Rhode Island affiliate. The firm will operate across Rhode Island’s coastal communities and be led by Broker-Owner Matthew Antonio. Pamela Liebman — president and CEO of Corcoran
CoStar doubles down on Zillow in copyright lawsuit
In a public update on its ongoing copyright infringement legal battle with Zillow, CoStar Group is claiming that the listing portal giant is continuing to infringe on CoStar’s intellectual property by displaying CoStar owned images on its site. Filed in
Section 8 use barriers analyzed in new study
RAND and the Terner Center for Housing Innovation at the University of California at Berkeley have released a joint report examining how local housing agencies can more effectively use federal housing vouchers. The study, funded by the Cooper Housing Institute,
FEMA funds blocked illegally, GAO finds
A federal watchdog has ruled that the Federal Emergency Management Agency (FEMA) broke the law by blocking or delaying aid money that Congress had already approved, including funds for programs that provide shelter and food. The Government Accountability Office (GAO),
How to compete and win with your listing presentation (+ template)
The real estate listing presentation is one of the most critical tools in your arsenal for demonstrating your knowledge, expertise, experience and authenticity to seller leads. A well-done listing presentation not only distinguishes you from your competitors — it also
Union Home Mortgage acquires assets of Sierra Pacific Mortgage: sources
Ohio-based Union Home Mortgage (UHM), led by Bill Cosgrove, has reached an agreement to acquire California-based Sierra Pacific Mortgage‘s assets, sources told HousingWire. The deal marks UHM’s second deal in 2025, following its March purchase of Houston-based Nations Reliable Lending
Coldwell Banker Realty acquires Prime Real Estate Group
Coldwell Banker Realty is strengthening its presence in Hudson County, New Jersey. On Tuesday, the firm announced its acquisition of Hoboken-based Prime Real Estate Group. The financial terms of the deal were not disclosed. This acquisition adds one office and
Pacaso unveils 30-year mortgage for vacation home co-ownership
Pacaso on Tuesday announced the launch of the first purpose-built, 30-year mortgage designed for co-ownership of vacation homes in the U.S. The new financing option gives qualified buyers and existing Pacaso owners a standardized way to finance their share of
Real Estate One expands with Michigan acquisition
Michigan-based Clients First Realtors of Canton has joined the Real Estate One Family of Companies. Founded in 1995, Clients First has operated within Michigan for more than 25 years. “Clients First Realtors’ values align closely with our own, especially when
Emilia Bechrakis Serhant joins SERHANT. as licensed agent
Nine years after marrying Ryan Serhant, Emilia Bechrakis Serhant is joining the brokerage that bears her surname. On Tuesday, SERHANT. announced that Bechrakis Serhant was joining the firm’s New York City office as a licensed real estate agent. She will
Mortgage rate declines are raising the likelihood of a refi surge
With the Federal Reserve all but locked into a 25 basis-point cut on Wednesday after the conclusion of its two-day meeting, the question for housing market professionals is how much lower mortgage rates could go after their recent tumble. At
Boomers aren’t selling: 61% plan to stay put indefinitely
A new survey from Clever Real Estate shows that 61% of baby boomer homeowners say they “never” plan to sell their homes, a jump of 7 percentage points from 2024. The main reason? More than half want to age in
New Home Co. acquires Landsea, forming a top 25 homebuilder
New Home Co. has completed a previously announced acquisition of Landsea Homes, the companies announced Wednesday. The deal creates a top-25 national homebuilder based on the number of new homes sold in 2024. Matthew Zaist, who currently serves as president
Aspiring buyers turn to Realtors first in their home searches: survey
A national survey released by NeighborWorks America found that prospective homebuyers overwhelmingly turn to Realtors first when seeking information about the homebuying process — outpacing friends, family and online searches. According to the poll, 41% of respondents who plan to
Dermot Buffini discusses brokerage leadership, real estate market shifts
Dermot Buffini, the CEO of Buffini & Co., joined this week’s episode of the RealTrending podcast for a conversation on the evolving challenges for real estate leaders. Speaking with host Tracey Velt at HousingWire’s The Gathering, Buffini addressed the pressures
Here are the three metros where homeownership is still affordable
The rapid rise in home prices and housing costs over the past five years has strained affordability in every part of the country, but a new study seeks to put a finer point on which metropolitan areas are getting hit
Beeline Title completes milestone crypto real estate deal
Beeline Title Holdings, a subsidiary of Beeline Holdings Inc., has closed what it says is one of the first residential real estate transactions funded through the sale of a cryptocurrency token backed by real property. The company described the deal
Powell: Fed is reviewing Basel III, supplemental leverage ratio rules
During a second straight day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the Basel III rules (also known as the “Basel Endgame”), which would significantly increase bank capital requirements and could
Bill White Jr. returns to Baird & Warner as VP of broker relations
Baird & Warner has named Bill White Jr. as its new vice president of broker relations for mortgage and title services, marking his return to the firm after several years at Compass. In his new role, White will act as
More pets than kids: The increased role of animals in real estate
As American demographics shift, so do the priorities of homebuyers, and pets are playing an increased role in real estate decisions. “Did you know there are more households with pets than children?” Jessica Lautz, deputy chief economist and vice president
