I’d like to share a New York expression because it’s very appropriate for this situation. “Fool me once, shame on me. Fool me twice, I should slap myself in the head.” I am watching colleagues I respect, smart people in this industry, telling agents to get on board with the new Google listing pilot. Set […]
Should agents join the Google listing pilot, or sit it out? Read More »
Today the Fed hawks killed the doves. On the day Kevin Warsh is sworn in as Fed Chairman, he has lost one of the few doves left on the Fed board: Governor Christopher Waller, whom I would have wanted as Fed chairman. Today, Waller gave a speech about how policy risk has changed and to
New Fed Chair Warsh loses dove as Waller turns hawkish Read More »
America’s housing affordability debate has become one of those national arguments that sounds complete until you look at the product itself. The prevailing story holds that homes became unaffordable because prices outpaced incomes. That is true, but incomplete. The uncomfortable truth is that America’s housing crisis is not only a price problem. It is also
We have met one enemy of housing affordability … it is us Read More »
For many independent real estate brokerages, competing with national franchises’ market insight has long meant a painful choice; stay boutique or surrender your brand and hang a new sign. But Tim Rodland — founder of Rodland Real Estate in The Bahamas — believes artificial intelligence (AI) has changed that calculation entirely. His company is introducing
How independent brokerages can scale tech with AI Read More »
Homeowners are facing a crisis. A crisis in property insurance. A crisis in affordability. And with hurricane season fast approaching, a growing sense of anxiety across the Southeast about what comes next. We have seen this before. Hurricanes Helene and Milton caused more than $100 billion in damage across Florida alone, according to the National
R-PACE financing for Florida home resilience upgrades Read More »
Americans may need roughly $2.57 million to retire comfortably by 2043, up sharply from the $1.75 million projected for 2033, according to a 2025 Goldman Sachs retirement survey. The increase reflects years of inflation that have driven up the costs of housing, health care and daily expenses. Households headed by someone 65 or older now
As retirement costs surge, more homeowners turn to their equity Read More »
Real estate professionals across the Greater Chicagoland area awoke Wednesday to find their listings removed from Zillow, as the fight between the listing portal giant and the local MLS, Midwest Real Estate Data (MRED), which already includes an antitrust lawsuit, escalated. On Wednesday morning, MRED announced that it was suspending listing data feeds to Zillow
The MRED Zillow legal fight just hit agents and sellers directly Read More »
Rocket Mortgage and Rocket Pro announced Thursday that they have begun using VantageScore 4.0 alongside Classic FICO scores in the mortgage qualification process, a move the company said is aimed at expanding access to home financing. Rocket’s crosstown rival, United Wholesale Mortgage (UWM) began allowing its brokers to access both FICO and VantageScore credit scoring models for conventional loans
Rocket Mortgage, Rocket Pro adopt VantageScore 4.0 Read More »
A new real estate brokerage aims to eliminate traditional listing agents and listing fees altogether — a model its founder says could challenge decades-old assumptions about agent compensation. Showings announced it will officially launch May 22 in New York City, Atlanta, Chicago and Orlando. The company describes itself as the first nationwide real estate brokerage
New brokerage Showings bets on buyer leads over listing commissions Read More »
Housing starts increased in April compared with a year ago, but a deeper dive into the data reveals that this uptick was driven by a noisier boost in multifamily development activity, while single-family starts declined. According to the U.S. Census Bureau’s new residential construction data released on Thursday, housing starts, on a seasonally adjusted basis,
Single-family housing starts fell in April, but multifamily gained momentum Read More »