NAR again seeks dismissal of discrimination and harassment suit

The National Association of Realtors (NAR) is once again seeking to dismiss allegations brought by former employee Roshani Sheth in her ongoing discrimination lawsuit against the organization.NAR filed another motion to dismiss the suit on Tuesday. This filing deals with Sheth’s second amended compl

‘I want one source’: Consolidation is picking up in the MLS space

The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm. Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were m

Zillow: US housing shortage hit 4.7 million in 2023

The U.S. faced a shortfall of 4.7 million homes in 2023 — the largest housing deficit on record — according to a new Zillow analysis of U.S. Census Bureau data.Persistent inventory shortages continue to drive the national housing affordability crisis, limiting access to homeownership and forcing mil

GTCR purchases majority stake in Clear Capital

Private equity firm GTCR announced on Tuesday that it has made a significant investment in national real estate analytics and data solutions company Clear Capital.As part of the investment, GTCR is partnering with Clear Capital co-founder and CEO Duane Andrews. The transaction represents Clear Capit

Top New York City broker makes the move to Corcoran

The Corcoran Group is welcoming one of New York City’s top small real estate teams to the firm. On Wednesday, the brokerage announced that The Kathy Murray Team is making the move to Corcoran.Murray was previously brokered with Douglas Elliman, where she spent the past two decades of her career. “Ka

Lawsuit claims Xactus, Equifax, others violated Fair Credit Reporting Act

A plaintiff in California is claiming that Xactus and Equifax did not conduct a “reasonable” investigation into claims of identity theft, which harmed her credit and violated the Fair Credit Reporting Act. The suit was filed in late May in the Superior Court of San Bernardino County, California, by

Supreme Court ruling allows Trump’s federal workforce cuts to proceed

President Donald Trump has secured a big win in his effort to reduce the footprint of the federal government.The Supreme Court ruled Tuesday that the administration can proceed with plans to lay off thousands of federal workers and cut funding to various federal agencies, including the U.S. Departme

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

HUD 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

What’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

Family-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

How 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

Union 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

Realtor.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

Law 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

Why 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

Armando 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

State 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

Texas 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

One ‘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