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Experts warn of ‘cycle of doom’ as disasters overwhelm last-resort insurance
Without reforms, experts warn about the “cycle of doom” — insurers withdrawing, FAIR plan rolls swelling and costs escalating.
Fix-and-flip market struggles in Q2 due to labor, material challenges
As a result of constricted labor and a tepid housing market, just 30% of flippers reported good sales in the second quarter.
Blend Labs narrows Q2 losses, announces new head of finance
Blend hires Jason Ream as head of finance, posts higher Q2 revenue and completes contracts in software-first transformation.
Residency requirements top HUD OIG’s list of open reverse mortgage issues
Three of the four open recommendations related to HECM from the HUD watchdog are all centered on one topic.
EPM’s Kevin DeLory dies of cancer at 53
EPM CEO Eddy Perez confirmed DeLory’s death, writing, “Kevin made me a better leader, and more than that, he made me a better man.”
Aging in place, high equity impact moving activity
Aging in place could dampen moving activity for older Americans, but baby boomers recently reclaimed their place as the top homebuyers.
NAR’s existing-home sales forecast for 2025 gets a haircut
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook.
Build, baby, build: How the US can start fixing its housing supply crisis
The U.S. is short millions of homes. Policymakers, builders, lenders and others shared potential solutions at the Housing Supply Summit.
eXp World Holdings names Jesse Hill as interim CFO
eXp World Holdings, the parent company of eXp Realty, announced this week that it has appointed Jesse Hill as its interim chief financial officer. The leadership change is effective April 1 as the current CFO, Kent Cheng, transitions into an advisory role.
