2025

Heirs’ attempt to reopen HECM foreclosure fails in Connecticut

The family of a deceased reverse mortgage borrower in Connecticut, who sought to reopen a case involving the foreclosure of their relative’s home after her death, have been denied a motion to reopen the case after a judge found that standard procedures were followed. This is according to court documents reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The case was first reported by Mortgage...

How real estate brokerage stocks have fared since ‘Liberation Day’

High mortgage rates, low inventory and stagnant demand have made life difficult for real estate brokerages in recent years, and President Donald Trump’s tariff policy isn’t helping. The massive scale and scope of Trump’s new global tariff regime shocked the stock market, shot the dollar downward and briefly tanked the bond market as well, which prompted the president to pause those tariffs just...

HomeServices of America names Chris Kelly CEO, replacing Blefari

Berkshire Hathaway’s HomeServices of America has a new CEO, promoting Executive Vice President Chris Kelly as former CEO Gino Blefari steps into a new role. Blefari, who has served as president and CEO of the company for more than five years, is stepping down from the role and transitioning into the position of chairman emeritus, effective immediately. Blefari will remain with the organization...

India Home Prices Nationwide Climbed 9 Percent Annually in 2024

According to data from PropEquity, a leading Indian real estate analytics firm, the weighted average asking price of residential properties across India's top nine cities increased by 9% in FY 2024-25, reaching Rs 13,197 per sq. ft., up from Rs 12,569 per sq. ft. in FY 2023-24. The nine cities tracked include Bengaluru, Chennai, Hyderabad, Kolkata, Delhi-NCR, Mumbai, Navi Mumbai, Thane, and Pune. Among...

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