Mortgage rates came down for the third-straight week, but whether the recent trend is a sign of things to come remains unknown, although economists point toward any progress in a resolution in the Middle East as a step in the right direction. The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average…
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As affordability remains one of first-time buyers’ biggest hurdles in real estate, the face of homebuying remains squarely retirees and members of older generations who are repeat participants in the housing market. The median age of a homebuyer now stands at 58, and there is “increased buying activity among those over 60,” according to the…
After the Real Brokerage completed its acquisition of RE/MAX Holdings this past August, the third quarter earnings for the company revealed a significant shift in revenue, sparked by AI investments and slight drops in agent retention. Tamir Poleg—Real REMAX chairman and CEO—started off the first earnings call for the combined companies, and expressed his confidence…
When homeowners think about protecting their property from flooding, the garage may not be the first place that comes to mind. But with its wide entrance, ground-level access and potential gaps around the door, a garage can be a vulnerable point when floodwater collects around a home. A garage door’s bottom seal can help keep…
Real estate’s biggest name is struggling, just like everyone else, but company leadership is promising that it—and the industry—have ways to hang on amid a tech revolution, a sluggish market and legal woes the company claims are in the past now. Speaking to investors after reporting earnings for Q3 2026, Zillow CEO Jeremy Wacksman said…
Bright MLS and Ocusell have announced that their live integration is officially operational, eliminating one of the real estate industry’s longest-standing headaches of duplicate data entry into multiple MLSs. According to a release, brokers and agents operating across the Mid-Atlantic can now create and edit listings once in Ocusell and push compliance-checked data directly into…
Despite having lower margins for the third quarter, United Wholesale Mortgage (UWM) Chairman, President and CEO Mat Ishbia stated that he feels prepared to handle “headwinds in the industry” during the company’s third quarter earnings call. On the call, Ishbia referenced the challenges the mortgage market has faced within the past five years, saying that…
FBS—the makers of Flexmls—has announced the availability of Flexmls Scout, an AI assistant that enables real estate professionals to use natural-language search to access trusted MLS information, analyze market activity, and gain actionable insights about their business. Built directly into the Flexmls platform, FBS noted that Scout combines permissioned MLS data with AI to streamline…
Mortgage rates ticked down a bit this past week but landing at 7.3%, it wasn’t enough to move the needle for buyers submitting loan applications for 30-year-fixed rate mortgages. Sitting almost a full percentage point lower, adjustable rate mortgages (ARMs) however continue to be attractive for buyers looking to start out with a lower monthly…
Paul Breunich, executive chairman of William Pitt – Julia B. Fee Sotheby’s International Realty, announced that Carolyn Fugere has been appointed president and Chief Executive Officer. According to a release, Fugere will lead the real estate company serving Connecticut, Westchester County and the Hudson Valley in New York, and the Berkshires in Massachusetts. During her…
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