Compass Real Estate Chief Financial Officer (CFO) Kalani Reelitz will leave his position at the end of this month, the company announced during its second-quarter earnings call. Chief Accounting Officer Scott Wahlers will be promoted to Compass CFO — with the move becoming effective at the end of Au

Compass Real Estate reported its strongest quarterly performance in company history during the second quarter — delivering record revenue and profitability despite challenging housing market conditions. The company reported a 21.1% year-over-year revenue increase to $2.06 billion in the second quart

President Donald Trump on Wednesday signed Rep. Derrick Van Orden’s bill, the VA Home Loan Program Reform Act, into law after it received approval last week from the Senate. The VA Home Loan Program Reform Act will reform the U.S. Department of Veterans Affairs (VA) mortgage program by adding a part

Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1. The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Ari

As Arizona grapples with rapid growth and a changing climate, long-standing groundwater regulations are being tested in courtrooms, boardrooms and booming desert suburbs. Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies — with the futur

RE/MAX is expanding its presence in Hawaii with the addition of Better Homes and Gardens Real Estate Advantage Realty, a top-performing brokerage led by veteran real estate executive Myron Kiriu. The firm will officially join the RE/MAX network on Friday under the name RE/MAX Hawaii. The move brings

The nation’s top brokerage by transaction side count, eXp Realty, is continuing to add agents. On Wednesday, eXp announced that Southern California-based independent brokerage Palm Realty Boutique was joining the firm.  Founded by Brett Zebrowski, Palm Realty Boutique serves clients in the South Bay

Compass and Zillow might disagree on many things, but when it comes to the proposed parameters of their expedited discovery, the two adversaries managed to agree on a few items.  In a joint letter filed on Monday addressed to Judge Jeanette A. Vargas, the parties outlined their proposals for the exp

After a public backlash against the Social Security Administration (SSA) earlier this year, the federal agency said it would walk back some of its plans that would’ve required more beneficiaries to make in-person office visits. But a report released this week by the Center on Budget and Policy Prior

Lone Wolf Technologies has named York Baur its new Chief Industry Relations Officer, bringing one of the real estate industry’s most recognized tech leaders into its executive team. Baur is best known for his role as founding CEO of MoxiWorks, a real estate software platform that now supports over 8

One of the most persistent lies about U.S. economics post-COVID-19 is that Wall Street has been a major buyer of homes in America and that’s the reason home prices have escalated out of control. The role of investors in the housing market is back in the news again, but I want to look at this topic f

Glenn Sanford has returned to SUCCESS Enterprises as publisher and managing director. Sanford — the founder of eXp Realty and CEO of eXp World Holdings — announced the move alongside the launch of SUCCESS+, an artificial intelligence (AI)-driven global platform aimed at providing professional develo

Stellar MLS — the largest multiple listing service in Florida and Puerto Rico — has launched IO Reports, a new tool that offers subscribers access to neighborhood and market insights for any address in the U.S.The new feature — provided in partnership with location intelligence company Local Logic —

A new bill introduced in the Senate would require Fannie Mae and Freddie Mac to consider unconverted digital assets in mortgage underwriting. Sen. Cynthia Lummis (R-Wyo.) introduced the legislation, known as the 21st Century Mortgage Act, on Tuesday.S.B. 2471 is a response to a directive from Bill P

Longbridge Financial, one of the nation’s leading reverse mortgage lenders, on Tuesday announced the hiring of Azita Guzzo as its new head of technology innovation. Guzzo will fill a newly created role at Longbridge. She’s being tasked with the development of advanced technology solutions for enhanc

Compass is closing out July with another acquisition. The brokerage announced Tuesday that it has acquired Charlotte, North Carolina-based independent brokerage Cottingham Chalk. The financial terms of the deal were not disclosed. The company had previously been affiliated with the Leading Real Esta

Amid increasing levels of mortgage fraud, the FBI has renewed a warning to Americans about an app that could trick victims into losing their entire banking, savings, retirement or investment accounts.The FBI first issued a public service announcement on the Phantom Hacker scam in September 2023. But

Down Payment Resource (DPR) on Tuesday released its Q2 2025 Homeownership Program Index report. It found that 45 new down payment assistance programs launched in the second quarter, bringing the total number of available programs in the U.S. to 2,554 and the number of program providers to 1,340.The

Compass and Northwest MLS (NWMLS) are continuing their war of words.Since Compass filed its antitrust suit against the NWMLS in April, alleging that the MLS’s rule requiring listings to be entered within 24 hours of public marketing and prohibiting office-exclusive listings is anticompetitive, the t

Change in real estate is constant. However, 2024 and 2025 haven’t just been about change; they’ve been about disruption. From commission lawsuits to housing market volatility, shifting consumer expectations, and the evolution of buyer representation, our industry has been tested at every level. The