Robert Reffkin continues his digital crusade against Zillow, Clear Cooperation
Reffkin highlighted Zillow’s defunct iBuying business claiming the company is a hypocrite as it “encouraged” sellers to sell their homes without the MLS
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IRS stipulation could have consequences for seniors in a declining stock market
Required minimum distributions are taxed as income and “can be painful when retirees have to sell assets in a falling market.”
Elevated mortgage rates aren’t discouraging homebuyers
Housing demand continues to hold up despite elevated mortgage rates, trade war uncertainty and terrible consumer confidence data.
Seattle housing market wrestles with crippling affordability concerns
Seattle is wrestling with a problem that is more acute than all but a handful of metropolitan areas — crippling affordability issues.
Comfortable city living usually requires a six-figure salary
Nine of the top 10 cities where homeowners need the highest incomes are located on the West Coast or in the Pacific region.
Americans are divided over housing impacts of immigration, tariffs
Opinions fell mainly along party lines, with Republicans having a rosier view of tariffs and new immigration policies than Democrats.
In Chicago, a reverse mortgage scammer left a lasting scar
Mark Diamond was sentenced to 17 years in prison for his crimes against elderly homeowners, but the damage in Chicago is still visible.
Tech Pulse: UWM challenges industry AI fear; Optimal Blue automates refi opportunities
Key news this week includes comments on “AI fear,” Zillow Rentals adding conversational AI and Optimal Blue revealing a new refinance tool.
Judge sets trial timeline for Mutual of Omaha and Longbridge
A new court filing offers insight into when the reverse mortgage advertising lawsuit will land in front of a jury.
Logan Finance launches new product suite for non-QM borrowers
The launch comes at a time when traditional underwriting is struggling to meet a rapidly evolving borrower landscape, the company said.