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Propy leans on acquisitions, AI to ‘modernize’ title
The company is looking to close $100 million of title company acquisitions in an attempt to modernize the homebuying experience for consumers.
The Texas law threatening to break the affordable housing equation
A quiet change in Texas law this past spring could ignite a crisis in affordable housing – and send a chilling signal to investors nationwide.
House Bill 21 (HB 21), passed in May, drastically rewrites the rules for how affordable housing partnerships in Texas qualify for property tax abatements. For years, those abatements have been one of the few effective tools local governments had to make below-market housing financially feasible amid Texas’ severe housing shortage.
Safety in real estate extends far beyond the physical
Agent safety in October, and every other month, remains a critical theme. The industry is rightly reminded each fall to take precautions during showings and open houses, and true safety extends well beyond physical well-being. For agents, particularly those navigating the complexities of the rental market, safety increasingly means protection against lawsuits, regulatory violations, and professional missteps in an environment that is becoming more complicated by the day.
Fannie Mae predicts mortgage rates will end 2025 at 6.4%
The Fannie Mae ESR group also revised its real GDP growth outlook for 2025 and 2026 to 1.5% and 2.1% on a Q4/Q4 basis.
Homeowner Resource Center appoints Steve Riley as CEO
Steve Riley takes over as CEO and succeeds Daniel Lewis, who will transition to the role of president and chairman of the board.
OceanFirst exits mortgage business, hands origination to Embrace
OceanFirst Bank will exit the mortgage origination business and partner with Embrace Home Loans to provide financing options to its customers, a spokesperson confirmed to HousingWire.
Baltimore launches $6.2B housing redevelopment effort
Work is supported by $1.2 billion in public funding commitments and is expected to leverage an additional $5 billion from the private sector.
Expert speaks on Compass-Anywhere market share, consolidation
Steve Murray — founder of RealTrends and RTC Consulting — estimates that Compass-Anywhere will handle a million transaction sides annually.
Breaking away: MLSs explore separation from Realtor associations
At CMLS, industry executives said associations risk losing relevance if they can’t define their value beyond MLS. access
