All Posts in "Real Estate News" Category

As large national brokerages and franchisors consolidate, two regional independent firms, the West Coast-based FirstTeam Real Estate and the East Coast-based Brown Harris Stevens, are teaming up to show that there is a way for independents to compete more aggressively while maintaining their independence.  On Tuesday, the two companies announced a strategic multi-year marketing partnership,…

Florida-based Onity Group reported first-quarter 2026 net income attributable to common stockholders of $7 million as mortgage rate volatility, refinancing activity and elevated FHA delinquencies weighed on results despite growth in revenue and servicing volume. Net income was down from $21 million last year. In its earnings report, released on Tuesday, the company posted a…

Every decade or so, the real estate industry goes through a correction that separates the professionals from the hobbyists. We saw it in 2008. We saw it after the tax reform changes. And we’re seeing it right now. The great shake out. According to the National Association of Realtors, membership peaked in late 2022 at…

Mortgage rates have returned to the 6.5% level as financial markets shift their focus from economic data to escalating geopolitical events.  “If you’ve got a deal, lock it in; there’s room for mortgage rates to continue to climb higher,” Nash Paradise, director of sales at UMortgage, advised loan officers. “Brokers have flexibility that a traditional…