Mortgage rates remained relatively steady from last week, but an increase in home-purchase application activity after multiple weeks of decreases shows that homebuyers are getting accustomed to the current environment and responding to even slight rate decreases. This week, the average 30-year fixed mortgage rate (FRM) decreased two basis points to 6.67%, down from 6.69%…
The Trump administration is reportedly looking at updating rules and limits around the capital gains tax limitations on home sales—a longstanding issue in real estate. On Fox Business recently, host and former National Economic Council director Larry Kudlow said he had spoken to President Trump about potential changes to capital gains taxes on home sales…
Above, from left, Richard Haggerty, Matt Hendricks, Kim Harris Campbell, Todd Sumney and Chris Kelly From widespread portal expansion to new partnerships and collaborations, the traditional way of listing, marketing, buying and selling homes is evolving at warp speed. In an upcoming session at RISMedia’s CEO & Leadership Exchange, being held Sept. 30-Oct. 2 at…
MoxiWorks has announced that RISE, its native-AI relationship intelligence platform, has integrated with Cloze, an AI-powered real estate platform. Brokerages using both platforms can now sync their contacts and activity between Cloze and RISE, giving agents back the time they’d otherwise spend keeping two systems aligned. According to a release, once synced, agents unlock access…
While mortgage rates remain elevated, a slight retreat this past week drove home-purchase application activity up for the first time in several weeks. The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volume and includes purchases and refinances—shows mortgage application activity increasing this week 3.6% on a seasonally…
As many Americans blasted their ACs and took to the roads for summer vacations in July, the cost of energy decreased slightly while inflation overall rose slowly. For the month of July, the Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) increased slightly by 0.1% on a seasonally adjusted basis. This…
Cynthia Taylor, senior vice president of agent software and advertising at Zillow, is reshaping how technology supports real estate agents in a rapidly evolving market. She oversees a broad portfolio of tools designed to help agents grow their business and deliver standout client experiences. This year Taylor landed a coveted spot on RISMedia’s 2026 Real…
As we slip into the second half of 2026, major homebuilders are looking past this challenging year and making their predictions for the future in a so-far very unpredictable market. Three major homebuilders—D.R. Horton, Lennar Corp and PulteGroup—ended their earnings calls over the last few weeks with optimistic yet guarded sentiments, as the real estate…
Discount brokerage Homie Technology, Inc.’s appeal to reverse the dismissal of its lawsuit against the National Association of Realtors® (NAR)—as well as Anywhere, REMAX, Keller Williams and HomeServices of America—has been dismissed. The U.S. Court of Appeals for the Tenth Circuit issued its judgement Tuesday, dismissing the appeal, with the Circuit judges stating in the…
Independent real estate brokerage FirstTeam has announced the next phase of its strategic national expansion in Kansas and Missouri. Led by broker-owner Scott Eckhoff and Rival Real Estate, the expansion establishes the company’s first Midwest presence with a community office in Kansas City. “From our initial meetings with FirstTeam®, it was clear that they saw…
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