The White House and key leaders aimed at cost-cutting inside the federal government have reportedly trained their eyes on the U.S. Department of Housing and Urban Development (HUD), and that reporting suggests it is culminating in a series of cuts that could include as much as 50% of the department’

The appeal of REX Real Estate’s antitrust suit against the National Association of Realtors (NAR) and Zillow began in earnest on Thursday when the three parties, along with the Department of Justice (DOJ), gathered at the Ninth District Court of Appeals in Honolulu for oral arguments before a three-

Real estate marketing isn’t just about posting a few property listings and hoping for the best. It’s a multifaceted strategy that encompasses branding, lead generation, social media management, content creation and more. The most successful real estate agents aren’t always the ones with the most exp

Older residents of the state of California, meaning those aged 65 or older, made up roughly 14% of the state’s population in 2020. That figure is poised to rise to 22% by 2040, marking a 59% increase, while the number of residents between the ages of 20-64 is projected to remain largely unchanged du

The National Association of Home Builders (NAHB) released its Multifamily Market Survey that covers results from the fourth quarter of 2024. The survey also highlighted mixed sentiment among homebuilders in terms of multifamily construction this year.The organization redesigned the survey to align w

This Valentine’s weekend brought an unexpected gift to the housing market as a weaker-than-expected retail sales report sent the 10-year yield tumbling, bringing mortgage rates down to under 7%. Although it’s a welcome decline, we’re still seeing rates considerably higher than the near-6% levels we

Three multiple listings services (MLSs) on the West Coast have formed a strategic partnership that will expand the reach of their real estate listings.California’s MetroList, the Northern Nevada Regional MLS (NNRLMS) and Oregon Data Share (ODS) will share real-time data, market insights and transact

The U.S. Department of Housing and Urban Development (HUD) on Thursday officially announced the launch of a task force that will collaborate with billionaire Elon Musk’s “Department of Government Efficiency” (DOGE), which currently operates out of the White House.The task force is designed to “revie

The U.S. Department of Housing and Urban Development (HUD) is the latest housing agency to be targeted by the Trump administration’s cost-cutting efforts. On Thursday night, Bloomberg Law reported that HUD’s union president told the publication that HUD plans to “discharge 50% of its workforce.”“Ant

A steady stream of buyer clients will pay the bills and then some, but working with seller listings will propel you to great success in the real estate industry. Why? Because people are coming to you to purchase the property rather than you chasing them. However, making the leap from working primari

Two Republican members of the Wisconsin Legislature are seeking to expand the scope of the state’s low-income housing tax credit (LIHTC) program while also aiming to target more than one-third of its credits to the state’s rural areas. This is according to reporting at WisBusiness.The state-based LI

The White House has reportedly solicited information from staff at the U.S. Department of Housing and Urban Development (HUD) to justify the existence of various contracts. According to reporting by NPR, a spreadsheet was sent to employees, asking them to assess the importance of contracts, whether

In a Wednesday afternoon LinkedIn post by chief technology officer Jason Bressler, United Wholesale Mortgage (UWM) announced that it’s partnering with Sphere LOS to provide its first direct integration with the broker community.Bressler’s post offered reasons for the partnership. He noted that Spher

The C-suite shakeups at Douglas Elliman are still going. Last week, an internal memo informed Douglas Elliman agents and employees that Stephen Kotler was stepping down as the CEO of the brokerage’s western region, as first reported by The Real Deal. Kotler will remain at the firm, joining his son M

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs).As the 21st transaction made under the company’s LHOME Mortgage Trust, Kiavi’s total volume of notes offered sits at $5.8

Lawyers who were representing Tal and Oren Alexander in Side’s breach of contract lawsuit against the defunct brokerage Official Partners are no longer working with them.In conjunction with court filings on Wednesday related to the appeal of a previous ruling, Michael Betz of Allen Matkins is listed

Financial services company Onity Group, the parent company of PHH Mortgage Corp. and top 10 reverse mortgage lender Liberty Reverse Mortgage, highlighted the financial performance of its reverse mortgage division as a hedge on forward originations and touted the ongoing performance of its servicing

Nationwide housing inventory showed a glimmer of recovery toward the end of 2024. But these new listings aren’t attracting buyers, and pending home sales dropped 4.2% month over month in January.That finding comes from two Redfin reports released on Thursday. Each tell similar stories, albeit from d

Housing leaders are naturally interested in knowing how recent cost-cutting efforts by the federal government could be focused upon the U.S. Department of Housing and Urban Development (HUD) and its wide array of programs, including reverse mortgages.In the first Trump administration, housing offici