2025

Trump signs VA foreclosure prevention bill into law

President Donald Trump on Wednesday signed Rep. Derrick Van Orden’s bill, the VA Home Loan Program Reform Act, into law after it received approval last week from the Senate. The VA Home Loan Program Reform Act will reform the U.S. Department of Veterans Affairs (VA) mortgage program by adding a partial claim option — a change that housing advocates say is urgently needed after the VA stopped...

Realty Executives International unifies Arizona operations

Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1. The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Arizona Territory name. The realignment brings together nearly 1,000 agents across 24 statewide...

Compass posts record performance in Q2

Compass Real Estate reported its strongest quarterly performance in company history during the second quarter — delivering record revenue and profitability despite challenging housing market conditions. The company reported a 21.1% year-over-year revenue increase to $2.06 billion in the second quarter of 2025, with total transactions rising 20.9%. Compass CEO Robert Reffkin emphasized the...

Compass CFO Kalani Reelitz announces departure

Compass Real Estate Chief Financial Officer (CFO) Kalani Reelitz will leave his position at the end of this month, the company announced during its second-quarter earnings call. Chief Accounting Officer Scott Wahlers will be promoted to Compass CFO — with the move becoming effective at the end of August. “Compass has never been stronger,” said Reelitz. “We are well positioned financially,...

How to Plan a Rejuvenating Home Retreat (11 photos)

When you hear the word “retreat,” what comes to mind — writing in a cabin by a lonesome lake, engaging in spiritual study or practicing yoga on the beach? How about doing a retreat in your own home?It may at first seem like an improbable idea (although that yoga-on-the-beach thing sounds...

Los Angeles Area Wildfires Destroyed Nearly $52 Billion in Homes Last January

The median price of homes destroyed by wildfire was $3.7 million Wildfires that ravaged Pacific Palisades, Malibu and Los Angeles areas for 3 weeks last January scorched an estimated $51.7 billion in residential real estate, marking one of the most financially devastating wildfire events in U.S. urban history, according to a new analysis by Redfin. The analysis, based on data from the Los Angeles City...

Why we should be cheering for the mom-and-pop investors in the housing market

One of the most persistent lies about U.S. economics post-COVID-19 is that Wall Street has been a major buyer of homes in America and that’s the reason home prices have escalated out of control. The role of investors in the housing market is back in the news again, but I want to look at this topic from a different angle. Cotality data recently showed investors making up over 30.7% of home sales —...

Senate bill would add unconverted crypto to mortgage underwriting equation

A new bill introduced in the Senate would require Fannie Mae and Freddie Mac to consider unconverted digital assets in mortgage underwriting. Sen. Cynthia Lummis (R-Wyo.) introduced the legislation, known as the 21st Century Mortgage Act, on Tuesday. S.B. 2471 is a response to a directive from Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). Pulte recently instructed the...

Glenn Sanford returns to lead SUCCESS Enterprises

Glenn Sanford has returned to SUCCESS Enterprises as publisher and managing director. Sanford — the founder of eXp Realty and CEO of eXp World Holdings — announced the move alongside the launch of SUCCESS+, an artificial intelligence (AI)-driven global platform aimed at providing professional development and community for entrepreneurs and growth-minded individuals. “With SUCCESS+, we are...

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