July 2025

Greater Palm Beach Area Residential Sales Slip in June Amid Growing Inventory

Palm Beach County's housing market softened in June, as total home sales fell 6% year-over-year, underscoring ongoing challenges in condo financing and shifting buyer-seller dynamics, according to new data released by the Miami Association of Realtors. Total transactions dipped to 2,008 from 2,137 in June 2024, driven by declines across both single-family and condominium sectors. Single-family home sales...

California wildfire rebuilding bill paused until 2026

A California wildfire recovery bill will be shelved until 2026, after a torrent of online conspiracy theories and confusion overwhelmed public discussion and policymaking, the Los Angeles Times reported. State Sen. Benjamin Allen (D-Santa Monica) announced that he would pause S.B. 549 — legislation that would have created a local authority to buy lots destroyed in the recent wildfires and offer...

Anthony Hsieh reclaims the helm at loanDepot

Anthony Hsieh is back in the CEO role at loanDepot — the company he founded in 2010 — on a permanent basis. His focus will be on returning the mortgage lender to profitability and regaining market share, the company announced on Monday.  Hsieh stepped down as CEO in April 2022 and was succeeded by industry veteran Frank Martell. But following Martell’s departure on June 4 to join SmartRent Inc.,...

LGBTQ+ Alliance regains control of financial accounts amid legal turmoil

The LGBTQ+ Real Estate Alliance has regained control of its financial accounts one month after former CEO Ryan Weyandt seized the accounts, after ruling by U.S. District Court Judge Eric Tostrud of Minnesota on Friday. Weyandt seized the accounts after allegations surfaced that the trade group had fallen into disrepair.  According to the ruling, Weyandt — who is facing felony charges in Minnesota for...

Long-term health care costs are exploding. A reverse mortgage could help

As the U.S. population ages, many families are facing long-term care (LTC) issues. Most families either pay for it out of their savings or spend down these savings until they qualify for Medicaid. But there’s a group stuck between the two — those who are too “rich” for Medicaid benefits but not wealthy enough to afford 24/7 in-home care. According to a recent report from Time, about...

Figure expands Intellidebt offerings for debt consolidation

Figure Technology Solutions, a blockchain-native capital marketplace, announced on Monday an expansion of Intellidebt, its Direct Debt Payoff (DDP) solution. The move aims to allow borrowers to consolidate existing liens and high-interest debt directly through the loan application process. The upgrade boosts borrower qualification potential by improving combined loan-to-value (CLTV) ratios,...

REAL ESTATE PREDICTIONS: Decentralized Events Contract Exchange in Development

World Property Ventures, a Miami-based real estate technology and digital finance firm, has begun development this week on REAL ESTATE PREDICTIONS (REP), a groundbreaking decentralized events contract exchange slated to launch in 2026. Positioned as a first-of-its-kind federally regulated platform, REP will enable global users to bet on -- or hedge against -- future outcomes in the real estate and mortgage...

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