April 2025

Canadian Home Sales Slide in February Amid U.S. Trade Tensions

Tariff Uncertainties Keep Canadian Home Buyers Sidelined Canadian home sales saw a significant decline from January to February 2025, as cautious buyers stepped back during the first full month of the ongoing trade war with the United States. According to data from Canadian MLS Systems, national home sales dropped 9.8% month-over-month in February--the lowest level recorded since November 2023 and the...

AI agent platform promises to ‘transform mortgage operations’

Florida-based Theoris Software has launched a new artificial intelligence (AI) platform, AI agent, it says could transform how mortgage companies handle operations. The platform introduces a digital agent named Alpha7x that automates key processes across the mortgage lifecycle. The tool is being touted as the mortgage industry’s first AI-powered “co-pilot” capable of taking over many of...

These are the housing bills now in front of Congress

Despite the lack of significant momentum on housing issues from government leaders this year, members in the U.S. House of Representatives from both major political parties have come together to introduce multiple housing-related bills. Two bills in particular are aimed at boosting housing supply and improving prices for buyers and renters. Reps. Mike Kelly (R-Penn.) and John Larson (D-Conn.)...

Virginia independent brokerage joins Keller Williams

Keller Williams is growing its presence in coastal Virginia. On Thursday the company announced the affiliation of Austin James Realty, an independent firm that serves clients in Virginia and North Carolina.  “We are thrilled to welcome Austin James Realty to the KW family,” Suzie O’Neal, the chief growth officer for KW’s Virginia Region, said in a statement. “This step is the culmination of...

Retirees moving to low-tax states may be disappointed by the savings they find

For retirees who are contemplating a move to a state with lower or no income tax, they may find that they should consider other realities of their final destination. Focusing solely on income taxes without considering other associated costs may not bring about the savings they hope for or expect. This is according to a report published this week by the Wall Street Journal. Speaking with investment...

Wade Pfau: how market volatility could renew reverse mortgage discussions

Reverse mortgage professionals have long sought financial advisors as referral sources, but might find that those professionals are not particularly willing to entertain the notion that the product would be right for their clients. But when confronted with volatility in the markets, advisors who are more concerned with the risk of loss might start to slowly open themselves up to more conversations. Wade...

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