Finance of America posts a profit, beats funded volume estimates in Q1 2025

In beating its estimates for funded loan volume — and by posting a profit — in the first quarter of 2025, reverse mortgage lender Finance of America (FOA) saw its volume improve by nearly one-third compared to numbers from Q4 2024. The company is maintaining a bullish outlook for business in the mon
Read MoreIs it a good time to sell a house? ‘No’ is increasingly the answer
President Donald Trump’s trade war has turned perceptions of the U.S. economy upside down, and data is beginning to trickle in on how tariffs might impact consumer behavior in the housing market.The latest numbers come from Fannie Mae‘s Home Purchase Sentiment Index, which measures consumer attitude
Read MoreThe Fed is preparing for rate cuts, but waiting on job losses
During Wednesday’s FOMC press conference, Jerome Powell discussed how the economy was performing well before the trade war began and acknowledged that the tariffs were much larger than anticipated. As a result, the Fed has increased its projections for the risk of higher unemployment and inflation.
Read MoreProperty insurers must prepare for aging population: report

The global population is expected to hit nearly 9.7 billion people by 2050, but beyond that, the nature of the population itself is changing due to aging. This is expected to fuel a rise in the “global dependency ratio,” or the proportion of people ages 65 and older to those of traditional working a
Read MoreTop-producing California team joins Coldwell Banker Realty

The Joe Velasco Group — a high-performing Silicon Valley real estate team — has joined Coldwell Banker Realty in Northern California, moving over from Intero Real Estate Services, an affiliate of HomeServices of America.Velasco, who launched his group in 2011, has built a reputation as one of the to
Read MoreHomeowners say high costs, emotional stress are influencing renovation projects

Amid higher interest rates and a tight housing market, U.S. homeowners are increasingly choosing to renovate rather than relocate — and many are doing so under financial and emotional strain, according to a newly released nationwide survey.A report released by Block Renovation, based on responses fr
Read MoreKW CEO Czarnecki brings in former colleague as new CFO

More executive changes are happening at Keller Williams. Shortly after a large investment from Stone Point Capital and the appointment of Chris Czarnecki as CEO, Keller Williams has brought on Tim Dieffenbacher as its new chief financial officer.Dieffenbacher most recently served as the CFO of a pub
Read MoreReal CEO Tamir Poleg talks AI’s role in redefining real estate

On this week’s episode of RealTrending, Tamir Poleg, CEO of The Real Brokerage, joins Tracey Velt to unpack how artificial intelligence (AI) is not just enhancing real estate — but redefining it.Poleg explains how Real is embedding AI into the company’s core functions, using tools that handle thousa
Read MoreCivil rights, housing and consumer advocates urge HUD to rescind ‘watered down’ fair housing rule

A coalition of more than 100 consumer, housing and civil rights advocates have submitted a letter to U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner, “strongly” opposing the department’s 2025 Interim Final Rule that changes the scope of the Affirmatively Furthering Fair
Read MoreeXp posts steady Q1 earnings, reinforces Clear Cooperation stance

eXp World Holdings, the parent company of eXp Realty, reported first-quarter 2025 earnings on Tuesday that highlighted modest growth in revenue, an assertive stance on real estate listing transparency and investments in artificial intelligence (AI).The company reported revenue of $954.9 million for
Read MoreloanDepot’s Q1 revenue jumps 23% as Hsieh prepares to take the wheel again

loanDepot on Tuesday reported that its first-quarter 2025 revenue increased by 23% annually to $274 million, while its adjusted revenue was up 21% to $278 million on higher mortgage sales volumes and stronger margins.Revenues also increased on a quarterly basis, growing from a baseline figure of $25
Read MoreYour voice matters: Shape the future of real estate in your community

The real estate industry is facing another change. This isn’t the first time, and it won’t be the last. In 1908, agents formed the National Association of Real Estate Exchanges, a precursor to the National Association of REALTORS® (NAR). They soon formalized a code of ethics and operating policies.
Read MoreTrump wants to cut rental assistance. His first-term budget requests show he’s serious
The Trump administration released an outline of its 2026 federal budget proposal on Friday, and it calls for steep cuts to the U.S. Department of Housing and Urban Development (HUD).The cuts total $32.9 billion, and they include the elimination of three programs in their entirety. The document — com
Read MoreRedfin reports falling revenue, higher losses in Q1 2025

Despite the buzz around being acquired by Rocket Companies, the first quarter of 2025 was a rough one for Redfin. In a document filed with the Securities and Exchange Commission (SEC) on Tuesday, Redfin announced that it recorded $221.0 million in revenue in Q1 2025, down 2% annually, while its net
Read MoreReverse mortgage professionals encouraged by ramped-up outreach plans

After last week’s National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting in Irvine, California, attendees were generally in high spirits from spending time with their industry colleagues.But a common topic of discussion among attendees who spoke on-site with HousingWire’s Rev
Read MoreArizona governor vetoes bill to allow Bitcoin reserves in retirement funds

Retirement is a well-known source of anxiety for individuals, businesses and governments alike. Shoring up dedicated retirement funds with good investments could be key to bolstering public- and private-sector retirement programs, but when it comes to cryptocurrency, one state’s leader does not beli
Read MoreOfferpad, Auction.com announce real estate transaction partnership

Real estate technology company Offerpad and distressed property marketplace Auction.com have entered into a strategic partnership with the goal to modernize how residential properties are bought, sold and renovated across the country.As part of the agreement, Offerpad’s Renovate division will serve
Read MorePulte: North Korean and Chinese nationals working at GSEs referred to DOJ

Bill Pulte, the director of the Federal Housing Finance Agency (FHFA) and chair of the boards at Fannie Mae and Freddie Mac, said in an interview on Tuesday that a handful of employees at the government-sponsored enterprises (GSEs) who are from U.S. geopolitical foes China and North Korea have been
Read MoreRefinance closing costs vary sharply by state

The average closing costs for a refinance mortgage in the U.S. totaled $2,403 last year, or about 0.72% of the loan amount, according to a new report from LodeStar Software Solutions.The findings mark the company’s first analysis of refinance-specific closing costs. Closing fees ranged widely by loc
Read MoreWhen should you share your own opinion of a house with a buyer?

As a real estate professional, it’s fair to say that you’ll have plenty of opinions regarding the properties you show buyers. Depending on your time in the industry, you may have seen hundreds, even thousands of listings at a wide variety of price points. Over time, you’ll cultivate a personal opini
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