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Opendoor teams up with Jason Mitchell Group

August 6, 2025 by bp56691
As it looks to leverage agent relationships to get back to profitability, Opendoor announced a partnership with the Jason Mitchell Group.
Categories Brokerage, HWmember, iBuying, Jason Mitchell Group, Opendoor, Partnerships, Real Estate, Real Estate Agents, Technology

San Francisco Realtors add virtual staging tools

August 5, 2025 by bp56691
The technology allows real estate agents to transform empty rooms into photorealistic, professionally designed interiors in minutes.
Categories Artificial Intelligence, California, HWmember, Real Estate, Real Estate Agents, San Francisco, Technology

Abandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit

August 4, 2025 by bp56691
Cotality’s survey of 1,000 recent and prospective U.S. homebuyers found that they ultimately care most about timing and confidence.
Categories baby boomer, Cotality, Gen Z, Homebuyers, HWmember, Legislation, Mortgage, Mortgage Applications, Origination, Purchase Applications

California affordable housing programs face new legal challenge

August 4, 2025 by bp56691
A new lawsuit could deal a blow to one of California’s primary local tools for building affordable housing without taxpayer subsidies.
Categories Affordability, Affordable Housing, California, Housing Inventory, HWmember, Lawsuit, Real Estate

UBS will pay $300M to settle Credit Suisse case

August 4, 2025 by bp56691
The payment, which UBS inherited when it acquired Credit Suisse, resolves consumer-relief commitments that Credit Suisse agreed to in 2017.
Categories Credit Suisse, Department of Justice, Financial crisis, HWmember, Legal, Mortgage, RMBS

Rocket revamps real estate arm, moves home search to Redfin

August 4, 2025 by bp56691
Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be redirected to Redfin’s platform, which will serve as Rocket’s primary home search tool.
Categories Brokerage, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Mortgage and Housing Layoffs, Origination, Redfin, Rocket Companies

Douglas Elliman doesn’t want private listings to be the norm

August 4, 2025 by bp56691
Despite a slow second quarter, Douglas Elliman recorded its strongest first half of the year since 2022.
Categories Clear Cooperation, Douglas Elliman, Earnings, HWmember, Real Estate

How much lower can mortgage rates go after Friday’s jobs report?

August 3, 2025 by bp56691
How much lower can mortgage rates go after Friday’s jobs report?
Mortgage rates fell 0.18% last week, breaking below the key threshold of 6.64%. How much lower can they go?
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Origination, Purchase Applications

Trigger lead ban bill advances to Trump’s desk

August 3, 2025 by bp56691
The Homebuyers Privacy Protection Act (H.R. 2808) passed through the U.S. Senate with unanimous consent and without amendments late Saturday.
Categories Donald Trump, HWmember, LendingLife, Mortgage, Origination, Regulatory, Senate, Trump Administration, U.S. House of Representatives, U.S. Senate

Outdated tax law could cost senior homeowners looking to sell

August 1, 2025 by bp56691
The home equity tax law hasn’t been updated since 1997, meaning senior homeowners could pay a sizable chunk in taxes when they go to sell.
Categories Donald Trump, Home Equity, Home Price Appreciation, HWmember, national association of realtors, Realtor.com, Reverse, Tax
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