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bp56691

Deadline looms in Minnesota property tax forfeiture lawsuit

May 9, 2025 by bp56691
As many as 15,000 people may qualify for payment if they lost a home, business or other property due to tax forfeiture between 2012 and 2023
Categories Affordability, HWmember, Lawsuit, Legal, Minneapolis, Minnesota, Property Tax, Real Estate, Supreme Court

Lenders witness surge of mortgage demand this week

May 9, 2025 by bp56691
New American Funding’s Patty Arvielo shared that Tuesday was NAF’s best day for applications in three years. Can it continue?
Categories Data & Visuals, First-Time Homebuyers, HWmember, Mortgage, Mortgage Applications, Mortgage Bankers Association, New American Funding, Patty Arvielo, Purchase Applications, Refinancing

Los Angeles County event will assist reverse mortgage borrowers with wildfire recovery

May 9, 2025 by bp56691
Impacted reverse mortgage borrowers in Los Angeles County can find assistance and resources at the event in Altadena.
Categories California, HECM, HWmember, Los Angeles, Reverse, Wildfire

Why federal support for tiny homes could be a game changer

May 9, 2025 by bp56691
San Francisco-based DignityMoves is pushing for broader support on what its founder and CEO Elizabeth Funk calls “interim supportive housing.”
Categories Affordable Housing, California, Homelessness, Housing Market, HUD, Investor, Politics, San Francisco, Tiny Homes

Robert Reffkin on Compass’s pre-marketing strategy: What’s the downside?

May 8, 2025 by bp56691
Robert Reffkin on Compass’s pre-marketing strategy: What’s the downside?
Compass’s market share has peaked, rising from 4.47% a year ago to 6% at the end of March, while its principal agent count jumped to 20,656.
Categories Brokerage, Clear Cooperation, Compass, Earnings, HWmember, Real Estate, Robert Reffkin

Rocket shifts focus to integration after Q1 growth in originations and M&A

May 8, 2025 by bp56691
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper. 
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage

Longbridge endures Q1 loss, but leaders tout ‘positive contributions’

May 8, 2025 by bp56691
Longbridge recorded a loss in Q1 but its parent company still remains bullish on its overall contributions to profitability.
Categories Ellington Financial, Longbridge Financial, Mortgage, Reverse

Frederick Warburg Peters joins Brown Harris Stevens

May 8, 2025 by bp56691
Frederick Warburg Peters joins Brown Harris Stevens
Real estate industry veteran and founder of Warburg Realty is joining Brown Harris Stevens. Warburg Realty sold to Coldwell Banker in 2021.
Categories Coldwell Banker, HWmember, New York, New York City, People Movers, Real Estate

NAR: Home prices are up in 83% of metros

May 8, 2025 by bp56691
NAR: Home prices are up in 83% of metros
According to the National Association of Realtors, 189 of 228 metro areas saw an uptick in the median price for a single-family home.
Categories Affordability, California, Data & Visuals, First-Time Homebuyers, Home Prices, Homebuyers, Housing Market, HWmember, national association of realtors

Zillow posts strong Q1, touts listing transparency and app traffic

May 7, 2025 by bp56691
CEO Jeremy Wacksman said the company remains on track to meet its full-year goals, including low- to mid-teens revenue growth.
Categories Clear Cooperation, Earnings, HWmember, Real Estate, Real Estate Listings, Rental Properties, Zillow, Zillow Premier Agent
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