Wed.Jul 02, 2025

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Sotheby’s: Luxury housing market remains resilient despite economic uncertainty

Housing Wire

Wealthy U.S. households continue to lead gains in real estate values despite ongoing economic volatility, according to a mid-year report from Sotheby’s International Realty. The 2025 Mid-Year Luxury Outlook highlights that the luxury housing sector remains a strategic asset for those who are navigating inflation , stock market shifts and global uncertainties while continuing to invest heavily in high-end properties. “Ultra-high-net-worth individuals continue to view real estate as an essen

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How to Value Commercial Property: Expert Methods Revealed [Step-by-Step Guide]

The Robert Weiler Company

Would you believe commercial real estate is worth $8.9 trillion globally? The right commercial property valuation could make or break your investment returns. Want to know how to value commercial property correctly? To succeed in this massive market, you need to understand how different valuation methods work. Some investors stick to the simple cap rate […] The post How to Value Commercial Property: Expert Methods Revealed [Step-by-Step Guide] appeared first on The Robert Weiler Company.

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Denver brokerage, Curbio form home services partnership

Housing Wire

Denver-based real estate brokerage West + Main Homes has launched a new home improvement service in partnership with contractor Curbio. The program, called Refresh by West, offers West + Main agents and their clients access to expedited, fixed-price proposals for presale or move-in home improvements. Curbio — a Maryland -based contractor that specializes in residential projects for home buyers and sellers — will manage and execute the work through its local project teams.

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Mortgage Applications Today: Mortgage Rate Decline Drives Second Week of Rising Home Loans

Realtor

Getty Images Mortgage applications increased for a second straight week—up 2.7% for the week ending June 27, 2025, according to the Mortgage Bankers Association (MBA). The increase comes as mortgage interest rates have continued in a downward direction with the average 30-year fixed home loan decreasing to 6.77%. Homebuyers will be looking to see if that trend continues as the latest rate will be announced on July 3. “Mortgage rates were lower across all loan types last week, with the 30-y

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Berkshire Hathaway HomeServices adds broker associate in Florida

Housing Wire

Angie Lawson has joined Jacksonville-based Berkshire Hathaway HomeServices Florida Network Realty as a broker associate, the company announced. Lawson will work with home buyers and sellers across the region — offering full-service representation backed by the firm’s in-house mortgage , title and marketing support. “I am thrilled to be joining Berkshire Hathaway HomeServices Florida Network Realty, a company that aligns perfectly with my values of professionalism, integrity, and service,” Lawson

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More Trending

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Top Hamptons broker Terry Cohen joins Compass

Housing Wire

Terry Cohen — a leading New York real estate broker in the Hamptons with more than $2.5 billion in career sales — has joined Compass after leaving her role as a partner at Hedgerow Exclusive Properties. Cohen, who closed $150 million in home sales in the past year alone, is known for representing a broad range of luxury properties in Long Island’s East End, from $1 million homes to estates priced at $100 million, the James Lane Post reported.

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Compass ‘has not and will not adhere’ to Clear Cooperation

Real Estate News

In an email to MLS and NAR leaders, CEO Robert Reffkin says the brokerage is not bound by the CCP and will not ask its agents to comply with the policy.

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Truv and Tidalwave announce point-of-sale integration

Housing Wire

Truv , a provider of direct-to-source income, employment and asset verifications, on Wednesday announced a strategic integration with Tidalwave , an AI-powered mortgage point-of-sale platform. Per a press release from Truv , the integration “embeds Truv’s advanced verification capabilities directly into Tidalwave’s mortgage application flow,” establishing a seamless verification process that reduces preapproval times and improves conversion rates. “Our integration w

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1031 Exchange Rules Every Real Estate Investor Should Know

Realtor

PRImageFactory/iStock Taxes rarely make for exciting reading material, but 1031 exchange rules are a must-know if you own an investment property. Why? Because normally when you sell an investment property for more than what you paid for it, you’d have to pay a hefty capital gains tax. But with a 1031 exchange, you get to defer paying those taxes if you reinvest the proceeds in a new property, making an “exchange” rather than a sale.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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Compass will no longer adhere to Clear Cooperation, other NAR MLS policies

Housing Wire

Compass ’s crusade against the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) continues. On Tuesday, the Robert Reffkin -helmed firm informed local MLS and NAR leadership that it “does not consider the Clear Cooperation Policy or any national NAR MLS rule impacting clients as binding,” and that it “has not and will not adhere to CCP or any national NAR MLS rule.

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California passes sweeping reform to expedite new housing

Real Estate News

The changes, which include an overhaul of the California Environmental Quality Act, target affordability and the housing shortage, the governor’s office said.

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Rust Belt no more: Manufacturing revival turns Ohio into housing hotspot

Housing Wire

The exodus of manufacturing jobs in the Midwest that accompanied China ’s rise as a global economic power earned the region the unflattering nickname of the “Rust Belt” as old plants were abandoned and population growth declined. These events led to stagnant housing markets , an aging population and a yearning from the older generation to “make America great again” by investing in manufacturing.

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Refinance Volume Surged Last Week on Lower Rates 

Appraisal Buzz

Total mortgage application volume increased 2.7% on an adjusted basis during the week ended June 27, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. Most of the increase was due to a boost in applications for refinances, which jumped 7% compared with the previous week due to slightly lower mortgage rates. Compared with the same week one year ago, applications for refinances were up 40%.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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4 FREE Tools for Listing Apartment Buildings for Sale

The Robert Weiler Company

Listing apartment buildings for sale, or any commercial property for that matter, can be a grueling and time-consuming task. And, as a broker or agent, who has time to perform the research on the best sites, input all the listing details, and monitor the traffic? You want to get your listing in front of as […] The post 4 FREE Tools for Listing Apartment Buildings for Sale appeared first on The Robert Weiler Company.

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FHFA wants crypto in mortgages. Lenders have questions

Housing Wire

Just a week ago, Federal Housing Finance Agency (FHFA) Director Bill Pulte issued a directive for Fannie Mae and Freddie Mac to begin preparing their businesses for the use of cryptocurrency in single-family mortgages. In response, originators are weighing the potential hurdles for offering crypto-backed loans. Despite crypto’s promise, its extreme volatility poses risks, including margin calls if asset values drop.

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Inventory has doubled in nearly half of the US’s largest markets

Inman

Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with metros in the South and on the West Coast seeing active inventory double compared to 2019.

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NWMLS asks court to dismiss Compass’s antitrust suit

Housing Wire

Northwest MLS (NWMLS) is asking a U.S. District Court judge to dismiss the antitrust lawsuit filed against it by Compass in April. In a motion to dismiss the suit for failure to state a claim, NWMLS asked for the suit to be dismissed with prejudice, which would prevent Compass from refiling it in the future. In the motion, NWMLS claims that Compass “fails to allege a cognizable relevant market,” that its “own allegations undermine any claim of anticompetitive effects and confirm the pro-competit

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CBRE: Canadian office market stabilizes as conversions continue

Mortgagebroker News

CONTINUE TO SITE CONTINUE TO SITE US CA AU NZ UK NEWS Broker Intel News BROKER INTEL MORTGAGE INDUSTRY Business growth Guides Industry moves Industry news Industry trends Market updates BEST IN MORTGAGE SPECIALTY Alternative lending Broker insights Commercial Investment Reverse TV RESOURCES Premium content CMP Talk E-mag Events White papers Mortgage Broker Software Reviews SUBSCRIBE Specialty Commercial CBRE: Canadian office market stabilizes as conversions continue Limited construction, steady

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Veros outlines its optimization of AVM testing methodologies

Valuation Review

Veros Real Estate Solutions’ Reena Agrawal, senior research economist, recently released the company’s analysis regarding AVM testing methods. Veros said the research aimed to address common misperceptions and previously unchallenged views on AVM testing with a goal of providing a more accurate and data-driven perspective on the evaluation of AVMs. Read on to learn more.

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How to Connect With Top Multifamily Real Estate Brokers: From Search to Success

The Robert Weiler Company

The right multifamily real estate brokers can completely transform your investment journey. Multifamily properties attract investors primarily due to their occupancy diversification. These properties are significantly more expensive than single-family homes. This higher barrier to entry makes your connection with experienced multifamily real estate companies a vital part of investment success.

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This is the Best Way to Spot Red Flags During Your Tenant Screening

BiggerPockets

You have finally listed your rental on the market, and applications are starting to come in.

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This Montana Town Has ‘No Good Entry-Level Homes’ for Buyers—but an Abundance of Luxury Rentals

Realtor

Realtor.com It has a population of roughly 55,000 people, but Bozeman has become one of the fastest-growing cities in Montana , and it needs its housing supply to keep up with demand. Bozeman’s median household income in 2023 was $79,903, and the owner-occupied housing unit rate was 44.6% between 2019 and 2023, according to the US Census Bureau.

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With an eye on future lawsuits, Compass formally repudiates CCP in letter to NAR and MLSs

Inman

CEO Robert Reffkin said the real estate brokerage doesn't consider 'any national NAR MLS rule impacting clients as binding,' but will continue to train agents to comply with local MLS rules

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Is the ‘Taylor Swift Tax’ Coming to Maine Next? New England’s Second-Home Owners Are Facing a Reckoning

Realtor

Allen J. Schaben / Los Angeles Times via Getty Images Rhode Island is reviving its “ Taylor Swift Tax ”—a bold proposal that would hit luxury second homes with steep new surcharges. The measure targets non-owner-occupied properties worth more than $1 million, charging $2.50 for every $500 of assessed value above that threshold. For homeowners such as Swift, it could mean more than $100,000 in additional property taxes a year.

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Why thought leadership is the new real estate agent advantage 

Inman

Leads follow leaders, Angela Yungk writes. Lead with purpose, clarity and consistency, and you won't have to chase business — it finds you.

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Purple Rain! Vibrant Violet Villa That Would Make Prince Proud Hits a High Note at the Top of Most Popular Homes List

Realtor

Realtor.com An eye-popping purple-hued Caribbean playground that would have undoubtedly delighted late “Purple Rain” singer Prince has captivated social media with its vibrant aesthetic—earning a well-deserved turn at the top of the latest most popular homes list. The unmissable Saint Thomas abode is certainly an entertainer’s paradise, offering three custom kitchens and two living rooms as part of its 7,600-square-foot spread.

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How to Commit Mortgage Fraud: A Cautionary Tale

Appraisal Buzz

How does mortgage fraud even work? And how did these risky real estate schemes help fuel the 2008 mortgage meltdown? Tune in to this special crossover episode of the Appraisal Buzzcast and Sound of Pursuit podcast to hear a gripping morality play about greed, speculation, and the dangerous allure of easy credit. The star: a Utah mom who lost herself in a tangled Ponzi-style real estate scheme involving hard money loans based on inflated appraisals.

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Inside the New Jersey Enclave With ‘Small-Town Charm’ Where Million-Dollar Homes Incite Bidding Wars and Sell Within Days

Realtor

Realtor.com It’s where the Jonas Brothers grew up and where pro-baseball player Bucky Dent once lived. Now, the enclave of Wyckoff, NJ , is making a name for itself with its million-dollar homes and small-town charm, even though it sits just 29 miles from the hustle of New York City. Most recently, “Fox & Friends” host Steve Doocy and his wife, Kathy, put their home in the neighborhood on the market to make the move to Florida.

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Two or More Story Home Starts Rebound in 2024

Eyes on Housing

Over half of new single-family homes built in 2024 were two or more stories, according the recent release of the Census Bureau’s Survey of Construction (SOC). After declining in 2023, the share of homes started with two or more stories increased again in 2024, continuing the upward trend in place since 2020. Nationwide, the share.

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eXp World Holdings names Jesse Hill as CFO

Housing Wire

Jesse Hill has been appointed chief financial officer (CFO) of eXp World Holdings Inc. , the company announced Tuesday. The appointment is effective immediately. Hill had been serving as interim CFO and principal financial officer since April. He joined the company in 2019 and has held several finance leadership roles — including vice president of international finance and corporate financial planning and analysis.

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Economist gives housing market recap for appraisers

Valuation Review

Kevin Hecht, a Certified Residential appraiser in Missouri and ChE chartered economist at McKissock, shared again with Valuation Review his market analysis. Hecht outlined details for May with his installment of The Full Measure. Read on for the full report.