Case-Shiller home prices rise 1.1% in May, still lag inflation
Despite rising at a faster annual pace than a month prior, home prices continued to decline in real terms in May, according to the S&P Cotality Case-Shiller Index released on…
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Brokerage transaction fees could cost consumers $2 billion
A new Consumer Policy Center (CPC) report found that administrative “junk fees” charged by real estate brokerages to both home buyers and sellers have become widespread, often ranging from $400…
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Lofty expands AI platform, launches House.ai for homebuyers
Lofty today announced an expanded version of its AI operating system, Lofty AOS, along with Lofty Cowork and House.ai, a financial intelligence platform for homeownership. The company said updates are…
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David Abrahamson returns to Equity Prime Mortgage as CRO
Mortgage lender Equity Prime Mortgage (EPM) announced on Tuesday that it has appointed mortgage industry veteran David Abrahamson as its chief risk officer. Abrahamson previously worked at EPM from 2010…
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Sekisui House U.S. CEO David Viger on bringing Japan-inspired resiliency to U.S. homes
When Osaka, Japan-based Sekisui House bought MDC Holdings, the parent company of Richmond American Homes, for $4.9 billion in 2024, the company not only made a long-term bet on the…
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Ruth Reffkin launches Compass real estate team in NYC
Although she’s no stranger to the real estate industry, Ruth Reffkin, the mother of Compass International Holdings founder and CEO Robert Reffkin, has decided to start her own real estate…
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FirstTeam Real Estate, Purlin partner on AI-powered operations
FirstTeam Real Estate has partnered with Purlin to deploy an AI-powered operating system across the brokerage, giving agents a unified platform for managing contracts, negotiations, transactions and client communications. The…
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MBA’s HMDA analysis finds proprietary reverse mortgages jumped 118% in 2025
Proprietary reverse mortgages continued to gain market share in 2025, fueled by rapid growth in originations and larger loan balances, according to a Mortgage Bankers Association (MBA) analysis of Home…
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MBA warns FHFA about changing manufactured home definition in Duty to Serve rule
The Mortgage Bankers Association (MBA) is urging the Federal Housing Finance Agency (FHFA) to move carefully as it finalizes changes to its Duty to Serve (DTS) rule. The trade group…
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BKeeperAI launches AI-powered text messaging expense assistant for real estate
BKeeperAI has officially launched its artificial intelligence (AI)-powered expense assistant designed to help real estate professionals and independent business owners manage business expenses entirely through text messages. According to the…