Housing Wire
JULY 1, 2025
Rocket Companies announced on Tuesday the completion of its acquisition of Redfin after Rocket announced in March it agreed to purchase the digital real estate brokerage in an all-stock transaction valued at $1.75 billion in equity. The transaction faced no opposition from antitrust regulators and received approval from Redfin shareholders on June 4. “I’ve used Redfin every day for the last 20 years.
Sacramento Appraisal Blog
JULY 1, 2025
Stop pretending. Those are strong words, but many sellers need to recognize the housing market has changed. Today, I have some advice, fresh price stats, and the skinny on what’s happening with listings. We are now done with the first half of the year, so let’s consider what the second half might look like. This […] The post Pretending it’s a seller’s market first appeared on Sacramento Appraisal Blog.
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Housing Wire
JULY 1, 2025
California’s housing crisis has prompted the state to rescind parts of longstanding environmental law that critics say has stifled new home construction. The state legislature and Governor Gavin Newsom passed two bills Monday that will allow some development projects to bypass the California Environmental Quality Act (CEQA), believing that it will spur more suburban projects.
Appraisal Buzz
JULY 1, 2025
U.S. home prices decreased 0.4% on an adjusted basis in April compared with March but were up 2.7% compared with April 2024, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Month-over-month, the index’s 10-city and 20-city composites each saw a 0.3% decrease. Year-over-year, the 10-city composite saw an annual increase of 4.1%, down from 4.8% the previous month, while the 20-city composite posted an annual increase of 3.4%, down from 4.1% the previous month.
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Housing Wire
JULY 1, 2025
Real is looking to propel its AI game through its acquisition of Flyhomes’ AI-powered search portal, according to an announcement on Tuesday. Through this acquisition, Real is also gaining all of the assets related to Flyhomes ’ portal, including the engineering team that has worked on the platform. “By bringing Flyhomes’ consumer technology under the Real umbrella, we’re combining the best in real estate innovation to deliver a seamless, AI-powered experience —designed around people—for both ag
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
JULY 1, 2025
HousingWire is excited to introduce the winners of its annual Women of Influence award, recognizing 100 women whose achievements are driving the housing industry forward. Now in its 16th year, the award honors leaders across mortgage, real estate and fintech who are making a measurable impact on their organizations and the broader housing economy. This year’s honorees include mentors, innovators, and community leaders.
Real Estate News
JULY 1, 2025
The Real Brokerage and Realty ONE Group have each paid millions to home sellers, but now face litigation from buyers claiming they paid inflated prices.
Housing Wire
JULY 1, 2025
The battle over private listings just escalated. The PLS.com, LLC — the now-defunct platform once used to privately market real estate listings — announced today that it has filed a federal antitrust lawsuit against the National Association of Realtors. The PLS was founded by The Agency founder and celebrity real estate broker Mauricio Umansky. This lawsuit was first brought against NAR in 2020, but was paused last year.
Realtor
JULY 1, 2025
urbazon / Getty Images The dream of homeownership is alive and well for Gen Z Americans, despite numerous challenges —from high interest rates and soaring home prices to the burden of student loan repayment. And yet, for those who have managed to buy property, a new Insurify survey found that a whopping 90% of Gen Z homeowners (born between 1997 and 2012) underestimated the cost of owning a home , and this is further hurting their finances.
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Real Estate News
JULY 1, 2025
Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Real Estate News/Shutterstock Brokerages Rocket finalizes $1.75B acquisition of Redfin The two companies are rolling out a new pricing program for clients as part of the July 1 announcement. Kurt Schlosser July 1, 2025 2 mins This story originally appeared on GeekWire , which covers technology and business, including the real estate industry.
Realtor
JULY 1, 2025
Realtor.com An eight-bedroom condo that is perched above Manhattan ‘s Billionaires Row has been listed for a jaw-dropping $90 million—offering a deep-pocketed buyer the chance to own a home in the same building as computer mogul Michael Dell ‘s record-breaking $100.5 million penthouse. Located toward the top of the ultraluxe high-rise One57, the property spans an entire floor of the building and offers 10,000 square feet of unbelievably opulent living space, which was designed by arc
Appraisal Buzz
JULY 1, 2025
PERSON OF THE WEEK: Arguably, the single thing mortgage lenders need most in today’s market is good quality data. In fact, considering that data impacts almost every single facet of the mortgage process, it’s safe to say that it has become the lifeblood of the industry. Using data, mortgage lenders are able to predict a borrower’s creditworthiness, detect fraud, accurately value properties, speed processing times, reduce manual errors, streamline document management, improve reporting, enhance c
Realtor
JULY 1, 2025
Getty Images It looks perfect in the listing photos : A charming four-bedroom home on a quiet street, complete with a freshly carpeted bonus room that’s “ideal for guests.” But on the home tour , you notice there’s no heating or cooling, no closet, and most critically, no window large enough for someone to escape in an emergency. Stories like this are becoming more common.
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Clear Capital
JULY 1, 2025
The June 2025 Clear Capital Home Data Index (HDI®) Market Report shows national quarter-over-quarter home price growth is at 2.0 percent. Download the report , or read it below. Commentary by Brent Nyitray of The Daily Tearsheet Home price appreciation moderated in June, according to the Clear Capital Home Data Index. National home prices rose 2.0% on a quarterly basis and 3.5% annually.
Realtor
JULY 1, 2025
Getty Images A basic backyard won’t cut it anymore, especially if you’re looking to attract a wealthy buyer. Jason Waugh , president of Coldwell Banker Affiliates, tells CNBC’s Inside Wealth newsletter that indoor-outdoor living upgrades are all the rage. According to Waugh, buyers are now on the lookout for high-end features. Think top-of-the-line smart fridges, spa amenities , and indoor-outdoor upgrades such as fireplaces and full outdoor kitchens.
Lamacchia Realty
JULY 1, 2025
FLORIDA BUILDING CODE CHANGES EXPLAINED FOR HOMEOWNERS If you’re a Florida homeowner , you’ve likely heard the phrase “Florida Building Code” tossed around during renovations, real estate deals, or hurricane season prep. But what exactly does it mean for you, and why should you care when it changes? The Florida Building Code (FBC) is a set of standards that dictate how construction should be safely and efficiently done in the state.
Inman
JULY 1, 2025
Your budget is your business plan in action, broker-owner and author Jessica Souza writes. Find out how to crunch the numbers and make them work as hard as you do.
Realtor
JULY 1, 2025
Source: Harvard Joint Center for Housing Studies tabulations of US Census Bureau, Vintage 2024 Population Estimates. Fewer Americans packed up and moved across state lines last year than at any time since record keeping started in the 1970s—a major shift driven in part by wary homeowners deciding to stay put. The State of the Nation’s Housing 2025 report , released last week by Harvard’s Joint Center for Housing Studies , found that in 2024, roughly 8.3% of American households—equivalent t
Real Estate News
JULY 1, 2025
The AI-driven technology will help the brokerage “connect the dots between agent tools, client experience and transaction flow,” Real CTO Pritesh Damani said.
Realtor
JULY 1, 2025
Getty Images Homeowners in high-tax states can take a victory lap. The House and Senate have agreed to a deal to raise the federal cap on state and local tax (SALT) deductions from $10,000 to $40,000 starting in 2025—potentially unlocking major tax savings for homeowners in states like California , New Jersey , and New York. The SALT cap has become a sore spot for lawmakers in those states, where rapid property appreciation has driven some tax bills well above the current $10,000 limit.
Listing Spark
JULY 1, 2025
When homeowners consider the risks of selling a house without a realtor , they often focus solely on potential commission savings. However, FSBO homes sold for a median of $380,000 in 2024, compared to $435,000 for agent-assisted sales, a $55,000 difference. With FSBO transactions hitting a record low of just 6% of all home sales, the question isn’t whether you can sell your home without professional help, but whether you should risk the potential financial and legal consequences that come
Realtor
JULY 1, 2025
Getty Images Beyond Florida ’s glitzy billionaire destinations like Palm Beach and Miami , affluent homebuyers are flocking in droves to some of the Sunshine State’s lesser-known enclaves in search of holiday retreats. Nestled along the Gulf Coast, Gulf County and Walton County last year experienced a boom in second-home sales, outperforming more elite and celebrated spots.
Inman
JULY 1, 2025
California Governor Gavin Newsom has signed the state's 2025-2026 budget, which offers environmental review exemptions for critical housing and infrastructure projects. Leaders say the exemptions will improve affordability, while environmentalists say it will ruin the state's ecosystem.
Housing Wire
JULY 1, 2025
Mortgage rates have eased slightly in the past week, a welcome sign for housing professionals and their clients. With the summer home-buying season in full swing, the question is whether they’re at a low enough level to keep activity flowing through the Labor Day weekend. On Tuesday, data at HousingWire ’s Mortgage Rates Center showed that rates for 30-year conforming loans averaged 6.92%, down 7 basis points from one week ago.
Inman
JULY 1, 2025
Celebrity agent Mauricio Umansky, who has targeted the National Association of Realtors’ dominance over agents and the rules governing real estate, heads back to court.
Eyes on Housing
JULY 1, 2025
Private residential construction spending fell by 0.5% in May, marking the fifth straight month of decreases. This drop was primarily driven by reduced spending on single-family construction. Compared to a year ago, total spending was down 6.7%, as the housing sector continues to navigate the economic uncertainty stemming from ongoing tariff concerns and elevated mortgage.
Real Estate News
JULY 1, 2025
Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Real Estate News Industry MLS makes its case for dismissal of Compass lawsuit Northwest MLS says the April lawsuit should be tossed, arguing in a new filing that the brokerage giant “cannot have it both ways” with listings. Stephanie Reid-Simons July 1, 2025 2 mins The judge in Compass' lawsuit against Northwest MLS has set a trial date for next June , but the MLS is arguing that
Housing Wire
JULY 1, 2025
Two civil rights organizations have filed a federal lawsuit accusing the U.S. Department of Housing and Urban Development (HUD) of unlawfully withholding millions of dollars in grant funding intended to enforce fair housing laws. The suit — filed by the National Fair Housing Alliance (NFHA) and the Tennessee Fair Housing Council (TFHC) in the U.S. District Court for the District of Columbia — alleges that HUD’s refusal to distribute congressionally appropriated funds under the Fair Housing Initi
Real Estate News
JULY 1, 2025
The case involving Clear Cooperation and Mauricio Umansky’s pocket listings network has been revived as The Agency founder makes good on his threat to sue NAR.
Housing Wire
JULY 1, 2025
Senate Republicans on Tuesday advanced President Donald Trump ’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote. All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertarian deficit hawk Rand Paul joining them. The bill now goes back to the House of Representatives for approval.
Inman
JULY 1, 2025
The rollout will be followed by the debut of BPP-powered local MLS sites and then a long-promised national consumer listing site to compete against Zillow, Realtor.com, Homes.com and Redfin.
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