Senior housing wealth reaches record level in first quarter

Housing wealth among homeowners age 62 and older rebounded to a record $14.92 trillion in the first quarter of 2026 after declining in the previous two quarters, according to the latest National Reverse Mortgage Lenders Association (NRMLA) – RiskSpan Reverse Mortgage Market Index. The quarterly inde
Read MoreJay Papasan to step down as Keller Williams executive

Longtime Keller Williams executive Jay Papasan announced his decision to step down from his role as vice president of strategic content in a post on LinkedIn on Tuesday. Papasan has been with Keller Williams since September of 2000. He said his decision to step down comes from a desire to focus on
Read More300,000-plus listed lots highlight infill boon for builders, per Zillow

Building a single home on each of the more than 300,000 empty lots listed for sale on Zillow in June could shrink the nation’s housing shortage by about 6.3%, according to new research from the listing platform. Zillow estimates the U.S. is short 4.7 million homes, a deficit it says is the main driv
Read MoreIs the Zestimate era coming to an end?

For nearly two decades, consumers have had the ability to answer one of life’s biggest financial questions almost instantly: “What is my home worth?” Today, millions of homeowners monitor their home’s estimated value almost as closely as they monitor their investment portfolios. Anyone who has spent
Read MoreWe are not ready for the next housing downturn

The pandemic wrought financial havoc across the economy, but its impact on the housing market was significantly reduced due to a whole-of-government response that enabled millions of families to stay in their homes. The rapid deployment of forbearance, the ability to pause mortgage payments and a sl
Read MoreFrom automation to intelligence: Why enterprise AI mortgage operations are reshaping the industry

Artificial intelligence has introduced hundreds of tools to the mortgage industry, but many lenders are still struggling with rising costs, fragmented workflows and inconsistent productivity. According to Siddhartha Agarwal, CEO of JazzX AI, the next phase of AI adoption isn’t about adding another a
Read MoreThe Holiday acquisition is about Daiwa House’s next decade

The long game Was never about one Acquisition Viewed through a sharply narrowed lens of a single transaction, Holiday Builders adds another respected, cycle-tested, deeply regionally invested homebuilder to Stanley Martin Homes‘ growing portfolio. However, through the panoramic landscape lens of Dai
Read MoreM/I, Meritage team up to fund $7.6M bridge to growth in a Texas town

A new public-private partnership in Central Texas solves for a common stumbling block for homebuilders, who face having to balance home price affordability with the public infrastructure investments their projects often require. On Friday, the City of Buda, TX, located about 15 miles south of Austin
Read MoreCompass moves from AI content creation to AI task execution in Home Platform

Compass International Holdings has introduced AI Assistant, a conversational agent embedded across its new Home Platform that lets real estate professionals describe what they want to do and have the system complete tasks on their behalf, the company announced Monday. The launch comes just weeks aft
Read MoreAD Mortgage flags condo reserve rules in FHFA letter

AD Mortgage has launched a public policy initiative aimed at increasing its engagement with federal and state policymakers on housing finance issues, beginning with recommendations to the Federal Housing Finance Agency regarding condominium financing. The initiative has already taken off running. In
Read MoreHow high can mortgage rates go with Iran conflict 2.0?

It’s Monday and the Iran conflict looks like it will hit its 10th day straight of renewed missile and drone attacks. Oil prices are up a smidge today and the question now is: how much higher can mortgage rates go with so much already priced into the markets? 10-year yield and mortgage rates In the
Read MoreNEXA Lending and former partner Mat Grella end legal fight

NEXA Lending CEO Mike Kortas said he has reached a global settlement with former business partner Mat Grella, ending a years-long legal battle over the ownership and control of the brokerage and several related entities. The agreement, reached in mediation and finalized on Monday, resolves “every si
Read MoreWindermere names Diana Wall chief growth officer

Windermere Real Estate has created the role of chief growth officer and hired longtime industry executive Diana Wall to lead expansion across the company’s independent brokerage platform, the firm announced Monday. Wall brings nearly 30 years of residential real estate experience to the Seattle-base
Read MoreCan the housing market weather Iran conflict 2.0 and higher rates?

The housing market has held its own this year — even with higher inflation, higher oil prices, higher mortgage rates, and crazy headlines about AI taking all the jobs. But mortgage rates are right at a key level now and with the Iran conflict entering its 2.0 stage, can housing hold up? Today’s tra
Read MoreCalifornia condo defect liability bill on deck after recess

Coming out of summer recess, California lawmakers will tackle condominium construction defect legislation that has cleared committees and passed one chamber. Assembly Bill 1903 is one of two condo bills introduced this year by state lawmakers. It would change condo construction defect liability rule
Read MoreHow ROAD aims to boost housing supply and cut red tape

The 21st Century ROAD to Housing Act, which went into effect on July 11, includes a host of pro-housing provisions aimed at making housing easier to build and cutting red tape. The nearly 400-page bill contains provisions aimed at streamlining federal reviews, supporting factory-built housing, expa
Read MoreMost retirement savers want an ‘easy button’ for planning

J.P. Morgan Asset Management has released its 2026 Defined Contribution (DC) Plan Participant Survey, finding that retirement plan participants — particularly younger workers — increasingly expect employers to provide more guidance and support as they plan for retirement. The biennial survey examine
Read MoreWhat the ROAD to Housing Act can — and can’t — do for affordability

The 21st Century ROAD to Housing Act is now law, marking what many in the housing industry consider the most significant federal housing legislation in more than three decades. The bipartisan measure aims to increase housing supply by reducing regulatory barriers, streamlining permitting, modernizin
Read MoreNewrez servicing arm sued in New Jersey over alleged RESPA violations

A New Jersey homeowner has filed a lawsuit against Newrez LLC, dba Shellpoint Mortgage Servicing, alleging the company engaged in years of unfair mortgage servicing practices that deprived her of a meaningful opportunity to avoid foreclosure. The complaint, filed in the Superior Court of New Jersey,
Read MoreWhy Aaron Kirman is betting on AI, crypto and new development

According to Aaron Kirman, much of his success in the real estate industry first as a solo agent, then as a team leader and now as a brokerage CEO, has come from keeping his finger on the pulse of the industry and taking a critical approach to his business. “Life is always an evolution and you don’
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