Virginia Gov. Abigail Spanberger left in limbo legislation that would let faith-based organizations build affordable housing on their land without rezoning. Instead of vetoing or signing the Faith in Housing Act, Spanberger recommended changes. The recommendations keep the bill’s core intact but mak

The U.S. housing market is chronically underbuilt, resulting in a decades-long shortage. Burdensome regulations take part of the blame, but they are not the only cause. A new report from the Federal Reserve Bank of St. Louis indicates that regulations are just one piece of the puzzle. Labor shortage

On Thursday, Dark Matter Technologies announced the promotion of Vikas Rao from chief technology officer to CEO, with Rao replacing Sean Dugan. At the same time, the Florida-headquartered company announced layoffs impacting 5% of its workforce. The roles affected were not immediately announced. Rao,

Maine Gov. Janet Mills this week signed LD 1901, making Maine the first state to enact comprehensive consumer protections for home equity investments (HEIs), which the new law defines as “shared appreciation mortgage loans.” The bill, titled “An Act to Regulate Shared Appreciation Agreements Relatin

A borrower’s age should shape every financing recommendation, yet it is often treated as a secondary detail when a senior wants, or needs, access to a portion of their equity. Consider that most mortgage advice is built on the assumptions that the borrower will continue working and has time and reso

New York Governor Kathy Hochul is reversing course and throwing support behind a proposed annual tax on high-end second homes in New York City. Hochul, who had previously resisted the measure, now says affluent property owners — particularly those with multimillion-dollar second homes — should help

Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, there are tons of AI tools for real estate that offer a more efficient, data-driven approach to generating new client leads. From automated chatbots that

Side has embedded a new suite of AI tools into its proprietary Side App to automate document checks, extract offer details, auto-tag signatures and deliver real-time business reporting for real estate agents and team leaders. The San Francisco-based brokerage platform announced the launch at Side x

Auction.com announced Tuesday that it has appointed President Ali Haralson as co-CEO and a member of its board of directors, formalizing a shared leadership structure with Jason Allnutt at the distressed real estate marketplace. Haralson, who has served as president since 2021, will lead the company

Williston Financial Group (WFG) announced a series of executive appointments, including Ryan Ozonian taking over as senior director of innovation and AI at MyHome. In the role, he will guide artificial intelligence (AI) and automation initiatives across the organization — working to integrate new te

Mortgage industry veteran Jeremy Moreithi has joined Waterstone Mortgage Corp. as branch manager of its office in Ashburn, Virginia, the company announced Wednesday. Moreithi, who has more than 20 years of mortgage lending experience, will be based in Ashburn but will primarily serve homebuyers in t

Florida-based AD Mortgage released a study this week that compares the costs of renting and owning a home, with the analysis showing that home equity accumulation often pays more over time versus the alternative of renting and investing a potential down payment in the stock market. The analysis comp

The Agency and Realty ONE Group Excel have joined the growing number of real estate entities who have settled the homebuyer commission lawsuit claims via the Tuccori lawsuit opt-in settlement.  The two firms informed Illinois-based Judge Georgia Alexakis, who is overseeing the Cwynar homebuyer commi

Homebuilder confidence is now at its lowest level since September 2025 amid rising mortgage rates, economic uncertainty and shaky consumer confidence.  The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence gauge remained negative in April, falli

As interest rates remain elevated compared to historic, pandemic-era lows, many homeowners are rethinking how to access cash without giving up the favorable rates they locked in just a few years ago. For originators, that shift is creating a clear opportunity. Demand for home equity lines of credit

The American Dream has a math problem. Millions can’t afford homes. Those who can, can’t find them. And many who already own don’t have enough saved to retire. It’s gridlock, compounding and dangerous enough to stifle homeownership as a pathway to stability, wealth creation, and retirement longevity

Mortgage rates and inflation are expected to remain elevated through 2026 as pressures tied to geopolitical tensions keep Federal Reserve rate cuts on hold. That’s according to Mike Fratantoni, chief economist and senior vice president of research and business development at the Mortgage Bankers Ass

California lawmakers are weighing yet another tool in the housing toolbox to jumpstart high-rise construction in the state’s largest downtown areas. Assembly Bill 2074, dubbed the Downtown Revitalization Act, would ease approvals and offer state-backed, low-interest financing near major transit hubs

The White House estimates that the U.S. has a housing shortage of 10 million single-family homes, according to the annual Economic Report of the President released on Monday. This shortage is largely a product of overregulation, the report claims. To combat the housing deficit, White House economist