Agents say Cape Coral’s housing market is correcting, not crashing

Headlines that call Cape Coral, Florida, the “worst housing market in America” and liken it to precursors of the 2008 financial crisis have garnered discussions across the real estate industry. But local experts and data suggest the reality is far more nuanced.While a recent article from The Wall St
Read MoreHUD offers foreclosure relief to Texans saddled by floods

Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), announced on Tuesday a 90-day foreclosure moratorium for Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been devastated by recent severe stor
Read MoreWhat’s the best strategy for seniors to take required minimum distributions?

Tax-deferred retirement accounts are a necessary source of income for seniors looking to age in place. But it can be confusing to navigate the options for taking the required minimum distributions (RMDs) from the account as mandated by the IRS — especially given the tax implications.What’s the best
Read MoreFamily-run New Jersey real estate team posts a record year

The Bruen Team — a small but rapidly growing real estate agency based in Morristown, New Jersey — recorded its best year ever in 2024 by closing nearly $40 million in sales volume and earning a spot in the 2025 RealTrends Verified rankings for small teams.The multigenerational, family-run team is le
Read MoreHow Flyhomes’ search portal fits in with Real’s AI vision

The Real Brokerage has not been shy when it comes to its technological ambitions. From launching its agent-focused Fintech product Real Wallet to Tamir Poleg’s AI likeness delivering his Q1 2025 earnings prepared remarks, the company is pushing the envelope when it comes to tech in the real estate s
Read MoreUnion Home Mortgage expands footprint in Ohio, adds 15 new personnel

Union Home Mortgage (UHM) is extending its reach into the Cincinnati, Ohio, market, the company announced on Tuesday. Ravi Patel and Justin Allen will both serve as area branch managers of the Cincinnati office and bring with them a team of eight additional loan officers, three loan officer assistan
Read MoreRealtor.com adds property tax appeal tool with Ownwell integration

Realtor.com has added a new feature to its My Home dashboard, allowing users to access property tax monitoring and appeals services through a partnership with Ownwell, a property tax appeal company.The integration comes amid rising homeownership costs across the country, with property taxes often ci
Read MoreLaw firm, trade groups petition Supreme Court to address New York foreclosure statute

A group of banking and mortgage associations is trying to get the U.S. Supreme Court‘s attention due to constitutional concerns about the state of New York’s Foreclosure Abuse Prevention Act (FAPA).Friedman Vartolo LLP announced on Monday that it has filed an amicus curiae brief with the Supreme Cou
Read MoreWhy mortgage purchase apps are on a 22-week growth streak
One of the most surprising pieces of housing economic data for 2025 is that purchase apps for the existing home sales market have shown 22 weeks of year-over-year growth. And that includes nine consecutive weeks of double-digit year-over-year growth in recent weeks. Normally, this would be a signifi
Read MoreArmando Falcon on the FHFA’s move toward crypto mortgages

It’s been just over a week since Federal Housing Finance Agency (FHFA) Director Bill Pulte directed Fannie Mae and Freddie Mac to start preparing for the use of cryptocurrency in single-family mortgages.With limited guidance beyond the FHFA’s directive, mortgage originators and industry experts are
Read MoreState AGs oppose HUD’s plan to roll back fair housing marketing rules

California Attorney General Rob Bonta — along with a coalition of 20 other attorneys general — is urging the U.S. Department of Housing and Urban Development (HUD) to abandon a proposed rule that would eliminate federal requirements prohibiting discriminatory marketing of affordable housing.In a let
Read MoreTexas independent brokerages join Compass

Compass continues to welcome agents to the firm, this time via two independent brokerage integrations in Texas. Vista Real Estate and Halo Group Realty are joining Compass, according to an announcement on Thursday. Vista Real Estate serves clients in central Texas and has more than 60 agents, while
Read MoreOne ‘Big Beautiful’ win: House advances budget bill for Trump’s signature

President Donald Trump’s One Big Beautiful Bill Act is about to become law.The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legisla
Read MoreSurvey: Down payment concerns delay homeownership for many

Despite strong interest in home-buying, affordability challenges and misconceptions about down payments are deterring many potential buyers, according to a new survey from NeighborWorks America.The nonprofit organization reports that 27% of U.S. adults say they plan to buy a home within the next yea
Read MoreCentury 21 expands in North Carolina with new rural affiliation

Century 21 Real Estate is expanding its footprint in northeastern North Carolina through the affiliation of Carolina Land and Home Realty — a full-service brokerage based in Ahoskie.The office will now operate as Century 21 Land and Home Realty.Broker-owner Clay Revelle, a native of Northampton Coun
Read MoreLeadingRE adds The Training Academy to preferred vendor program

Leading Real Estate Companies of the World (LeadingRE) has added The Training Academy LLC to its Solutions Group — a curated program of preferred business resources available to its global network of 550 real estate firms.The Training Academy, based in Florida and led by founder Dan Elzer, provides
Read MoreAfter departing First American, Kevin Wall lands CEO role at Title Resources Group

Title Resources Group (TRG) has named industry veteran Kevin Wall as its new CEO, effective July 28. Wall will also join the company’s board of directors.J. Scott McCall, the company’s current CEO, will transition to vice chairman of the board.Wall brings more than 30 years of experience in title in
Read MoreCornerstone Capital Bank and Tresidio Homes announce joint venture

Cornerstone Capital Bank and Tresidio Homes on Thursday announced the launch of Table Rock Mortgage, a joint venture mortgage brokerage.The new Idaho-licensed brokerage will provide mortgage services to local homebuyers “with goals of promoting affordability and streamlining the mortgage process for
Read MoreAre seniors getting reduced Social Security or a tax break?

Up to 2 million Americans could see their Social Security payments reduced by 50% in late July as the Social Security Administration (SSA) is cutting payments to recoup the billions of dollars it overpaid to some Americans in recent years.In April, the SSA announced that it would begin recovering ab
Read MoreSaying yes to pets pays off for landlords

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