Housing

Real Brokerage posts record revenue, positive net income in Q2

Real Brokerage Inc. posted a record $540.7 million in revenue for the second quarter of 2025 — a 59% year-over-year increase — and reported its first quarter of positive net income. The ...

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August Health Raises $29M in Series B Funding to Expand, Launch New AI Platform

Senior living technology platform August Health has raised another $29 million in Series B funding to help fuel the company’s next round of growth, including the expansion and rollout of neew artif...

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Chase Home Lending is offering a discounted rate promotion

Chase Home Lending is rolling out a nationwide mortgage rate sale for homebuyers, offering temporary discounts on purchase applications starting Thursday, the bank announced. The promoti...

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Coldwell Banker Warburg adds pair of New York teams

New York-based Coldwell Banker Warburg (CBW) has welcomed two prominent teams from Elegran Real Estate — the Asset Advisory Team and the Waterview Advisory Group — as part of its continued expansio...

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Zillow wants to be the hub for consumers and agents

Zillow’s critics may say that the company has never had the best interests of real estate agents at heart. But on the company’s second-quarter 2025 earnings call on Wednesday night, executives look...

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Hometap says it’s only ‘scratched the surface’ of the home equity investment market

Boston-based Hometap announced at the end of July that it has deployed more than $2 billion to 20,000-plus homeowners through its home equity investment (HEI) platform. The milestone com...

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Migration 2025: Where Americans are moving to — and why

Americans are still drawn to major cities — despite rising living costs and urban congestion. U.S. News & World Report’s 2025 migration trends report shows the popularity of migratio...

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Real Brokerage adds California affiliate via private-label program

Showcase Real Estate — a Yuba City, California-based brokerage — has joined The Real Brokerage under its private-label program. Led by broker-owner Donna Phelan, Showcase Real Estate bri...

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HUD is auctioning off 1,600 HECMs — with more to come

The U.S. Department of Housing and Urban Development (HUD) is cleaning up its books and auctioning off roughly $444 million in reverse mortgages on Wednesday to reduce the risk to its Mutual Mortga...

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Sotheby’s International Realty adds pair of New York agents

Daniel Gale Sotheby’s International Realty has added Tanya Fuchs and Valerie Rosenblatt to its team. Fuchs joins the company as a licensed associate real estate broker. She grew up on L...

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Discovery Senior Living Launches New Top-Tier Luxury Brand With More Growth Planned

Discovery Senior Living has rolled out a new top-tier luxury brand called Calligraphy. Two communities currently fly the brand’s banner, with more to come. The launch adds a new service ...

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Opendoor teams up with Jason Mitchell Group

As Opendoor looks forward on its path to profitability, the iBuyer is looking to leverage agent relationships to expand its business. A day after discussing this strategic shift during ...

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Top-producing Banner Team joins Compass, expanding DC-area presence

The Banner Team — one of the highest-performing real estate groups in the Washington, D.C., metro area — has joined Compass. Led by principal agent Wendy Banner, the 13-agent team brings...

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HomeStory’s McClelland speaks on changing real estate landscape

On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with Craig McClelland — chief strategy officer at HomeStory and president of LOCAL Realty — for a forward-looking conv...

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Opendoor turns to agents in the hunt for profitability

Although current housing market conditions are challenging, iBuyer Opendoor appears to be turning the corner after several rough years, even with its recent ride on the meme stock roller coaster. ...

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Freddie Mac expands CHOICEHome financing options to boost affordable housing

Freddie Mac announced on Wednesday the expansion of its CHOICEHome conventional financing options to include modern single-section, factory-built homes. The move, which is effective imme...

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Unlock adds five more states, hires chief growth officer

Unlock Technologies, a fintech that offers flexible financing options for homeowners who want to access their equity without taking out a loan, is now providing home equity agreements (HEAs) in fiv...

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MBA CEO Bob Broeksmit calls for credit score modernization

On Tuesday, the Mortgage Bankers Association (MBA)’s Residential Board of Governors passed a resolution calling for the end of the tri-merge credit report requirement to originate GSE loans. ...

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Monroe Capital, alleged ‘architect’ of MV Realty scheme, under fire in new lawsuit

The turmoil surrounding right-to-list agreement firm MV Realty has extended to Monroe Capital. The middle-market lender allegedly played a central role in financing and directing MV Real...

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UWM announces 90-bps refinance incentive

United Wholesale Mortgage (UWM) is now offering a 90 basis-point incentive for rate-and-term refinances. This discount comes as many market participants anticipate a rate cut from the Federal Reser...

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Why 6% mortgage rates will reignite the housing market

Now that mortgage rates have reached a year-to-date low of 6.57%, the question remains: is this low enough to attract more homebuyers, or do we need rates to drop to 6%? I’ve frequently mentioned t...

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