Thousands of Minnesota residents who lost homes over property taxes may now be eligible for compensation, following a landmark U.S. Supreme Court ruling and a resulting $109 million class-action settlement fund.The case began with Geraldine Tyler, a 94-year-old Minneapolis woman who owed $15,000 in

It’s probably too early to get excited, but several lenders reported that mortgage demand climbed to 2022 levels this week. After months of hovering in the high 6% range—and most recently dipping to 6.84%— declining mortgage rates may finally be luring buyers back. Applications rose 11% last week, a

The communities engulfed in the Los Angeles-area wildfires continue to recover and pick up the pieces. And representatives of Los Angeles County have signaled they want to provide specific guidance for impacted reverse mortgage borrowers to navigate issues that arise with these loans in disaster are

As homelessness continues to rise nationwide, one nonprofit is pushing for a paradigm shift.DignityMoves, a San Francisco-based organization, has been leading the charge for what its founder and CEO Elizabeth Funk calls “interim supportive housing.”These cost-effective tiny home communities aim to h

Older homeowners living on a fixed income have a higher chance of seeing their finances destabilized by rising costs, and that can be particularly true of something like property taxes. For homeowners who have either a forward or reverse mortgage on their home, these costs also must be paid in order

Following the revelation this week that Republican lawmakers in the House of Representatives added an amendment to a bill that would authorize the sale of thousands of acres of federal land in Nevada and Utah, a Democratic senator has called foul on the nature of the effort.Sen. Catherine Cortez Mas

A new law going into effect this summer in Washington aims to address the state’s housing supply woes. The legislation lifts zoning restrictions to allow for more multifamily development and comes as the median single-family home price in the Seattle area set a new record by exceeding $1 million.H.B

State lawmakers in New York have introduced legislation that would block mortgage lenders from receiving title insurance payouts when real estate transactions are later found to be based on stolen deeds.S.B. 7732 was introduced May 2 and seeks to prohibit title insurers from compensating lenders for

CoStar Group is using Boost, its new Homes.com marketing feature, in an attempt to counter the bans by Zillow and Redfin on listings that are publicly marketed prior to being entered into the MLS.On Thursday, CoStar Group CEO Andy Florance told Inman News that Boost will be free for listings impacte

The heated debate around the Clear Cooperation Policy (CCP) has roiled the real estate brokerage space as a result of fierce pushback on the rule from Compass. But company CEO Robert Reffkin has a question amid what he characterized as “negative narratives and scare tactics.” What’s the downside for

Lower rates helped Detroit-based Rocket Companies, the parent of Rocket Mortgage, improve its originations in the first quarter of the year — a period also marked by the announcement of two major acquisitions in Redfin and Mr. Cooper. But the second quarter is expected to look different. While the m

Despite a slowdown in overall Home Equity Conversion Mortgage (HECM) volume in the first quarter of 2025, Longbridge Financial contributed positively to parent company Ellington Financial.Overall performance at Ellington saw $31.6 million in net income to common stockholders, up from $22.4 million t

The founder of Warburg Realty Frederick Warburg Peters is joining Brown Harris Stevens. The New York-based firm announced Peters’ move on Thursday. Peters founded Warburg Realty in 1991 before selling it to Coldwell Banker in 2021. Frederick Warburg Peters“The choice of Brown Harris Stevens was an e

Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 — even as affordability remained stretched and fewer markets posted double-digit gains.According to the National Association of Realtors (NAR), 189 of 228 metro areas (83%) saw year-over-year increases in the median p

Nearly 30% of U.S. homeowners would consider tapping their home equity via products like a home equity line of credit (HELOC) due to ongoing concerns about the economic climate, stemming from a rise in volatility and uncertainty over the past three years.This comes from survey data collected by Meri

A surge in commercial real estate transactions helped drive solid first-quarter 2025 earnings for the country’s largest title insurers.First American Financial, Fidelity National Financial, Old Republic International and Stewart Information Services all reported year-over-year gains in commercial ti

Keller Williams has a new training program for KW-affiliated agents looking to up their game this summer. On Thursday, the firm announced that it is welcoming Michael Maher to the KW MAPS coaching team. Maher will lead a referral training program at KW MAPS.“At the core of every great business are g

A markup of a budget reconciliation bill from the House Committee on Natural Resources saw an amendment added that would authorize the sale of thousands of acres of federal land in Nevada and Utah, according to reporting by The Hill and NPR.The move could have significant implications for housing. T

Concierge Auctions‘ 2025 Luxury Home Index reveals a market at a crossroads.Prices remain high and inventory is tight. Demand hasn’t vanished, but luxury properties are taking longer to sell, listing discounts are widening and macroeconomic shifts are reshaping buyer behavior.“Luxury hasn’t collapse

Zillow reported a strong start to 2025, exceeding its first-quarter 2025 outlook with $598 million in revenue, up 13% year over year.The company also posted $153 million in adjusted EBITDA and achieved GAAP profitability — driven by cost management and margin expansion, leaders said. During an earni