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New listings slump. Have home sellers already called it quits?

June 7, 2025 by bp56691
New listings slump. Have home sellers already called it quits?
New listings have finally emerged from a two-year slump, but we may have already hit the seasonal peak. Are home sellers done for the year?
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Purchase Applications

AI assistant Shilo closes $2.6 million seed funding round

June 6, 2025 by bp56691
The funding round was led by AZ-VC, and Shilo said the funds will help accelerate product development and go-to market expansion.
Categories Artificial Intelligence, CRM, HWmember, Real Estate, Technology, Venture Capital, Zillow

Tech Pulse: Compass touts AI platform, Prudent AI launches non-QM tool

June 6, 2025 by bp56691
This new weekly series highlights the latest in technology — from tools and integrations to trends — shaping mortgage and real estate.
Categories Artificial Intelligence, HWmember, Mortgage, Real Estate, Technology

Century 21 expands with affiliation on Oregon coast

June 6, 2025 by bp56691
Now operating as Century 21 Shorepine Properties, the office will gain access to Century 21’s training, marketing tools and referral networks.
Categories Brokerage, Century 21, HWmember, Oregon, Real Estate

New California wildfire homeowner assistance program includes reverse mortgages

June 6, 2025 by bp56691
A disaster recovery program in California includes help for forward and reverse mortgage borrowers, drawing praise from reverse professionals.
Categories California, Celink, Disaster Relief, HECM, HWmember, Los Angeles, Reverse, Reverse Loans Now, Wildfire

Former Douglas Elliman agent withdraws lawsuit that sought unpaid commissions

June 6, 2025 by bp56691
Holly Parker, a former Douglas Elliman agent, has withdrawn a lawsuit to recoup $1.6 million from deals that closed after she left.
Categories Agent, Douglas Elliman, HWmember, Lawsuit, Legal, New York City, Real Estate, Real Estate Agents

How the Trump/Musk dispute could influence mortgage rates

June 5, 2025 by bp56691
How could the public fight between President Trump and Elon Musk impact mortgage rates? Lead Analyst Logan Mohtashami looks at three factors.
Categories Donald Trump, Elon Musk, Federal Reserve, Housing Market, HWmember, Mortgage Rates, Politics, Tariffs

Zillow: Luxury housing market slowed in April

June 5, 2025 by bp56691
Despite a market slowdown, prices have continued to rise as luxury home values increased 2.7% year over year.
Categories Home Prices, Homebuying, Housing Market, HWmember, Luxury Real Estate, Real Estate, Zillow

Legal fight between Longbridge and Mutual of Omaha continues

June 5, 2025 by bp56691
Court documents reveal the lenders met before a magistrate judge earlier this week, but that a settlement was not reached.
Categories California, HWmember, Lawsuit, Longbridge Financial, Mutual of Omaha Mortgage, Reverse

Justin Ishbia strikes deal to buy Chicago White Sox

June 5, 2025 by bp56691
Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday.
Categories Chicago, HWmember, Mat Ishbia, Mortgage, United Wholesale Mortgage
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