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U.S. Homeowners Sit on Record $17.9 Trillion Equity Windfall in 2026

Housing Market Lock-In Deepens Nationwide in Q1 America's homeowners are sitting on an unprecedented reservoir of housing wealth, reinforcing household balance sheets while simultaneously deepening one of the housing market's biggest structural constraints: few owners can afford to give up the ultra-low mortgage rates they secured in recent years. New data released by Cotality shows homeowners with...

Agent movement stalls as retention takes hold in Q2

The landscape for real estate agent recruiting is undergoing a structural shift, with agents increasingly choosing to move within their existing brand rather than switch to a competitor, according to a new report from Recruiting Insight and Lone Wolf Technologies. The Q2 2026 Agent Migration Report, based on 113,372 records and four MLS corridors, found that external moves — agents changing to a...

Ruth Reffkin launches Compass real estate team in NYC

Although she’s no stranger to the real estate industry, Ruth Reffkin, the mother of Compass International Holdings founder and CEO Robert Reffkin, has decided to start her own real estate team. Reffkin announced the launch of her eponymous Ruth Reffkin Team, which will unsurprisingly be brokered by Compass, on Friday, just days ahead of her 81st birthday.  She is launching the team along side Susan...

Lot demand shifts to terms and timing at Forestar, Five Point

In 2024 and early 2025, homebuilders large, medium and small were smitten with the strategic notion of “land light.” In 2026, and for the near future, most everybody is more preoccupied, and rightly so, with “land right.” Many of the U.S.’s most prolific new-construction markets undergoing some form of “work-out” to winnow down aging spec inventory and secure a floor on pace-price...

New York City posts notice of new tax levy to pied-a-terre owners

Tax attorneys and accountants are about to make bank helping owners of non-primary homes navigate New York City’s pied-à-terre tax notifications, which started landing in mailboxes before the weekend. “If you have a second home in New York City worth more than $5 (million), check your mailbox when you’re back in the five boroughs – because you’ve got mail,” Mayor Zohran Mamdani announced on...

FirstTeam Real Estate, Purlin partner on AI-powered operations

FirstTeam Real Estate has partnered with Purlin to deploy an AI-powered operating system across the brokerage, giving agents a unified platform for managing contracts, negotiations, transactions and client communications. The California-based independent brokerage will implement PurlinOS, Purlin Close and Purlin Offer & Negotiate, creating a single AI-powered infrastructure that connects agents,...

Continuum launches its first NYC condo building in years with The Morgan in Midtown

After years focused on marquee developments in South Florida, Continuum Company is back in Manhattan. The developer behind landmark projects including Madison Square Park Tower, CitySpire, and Continuum South Beach has officially launched sales for The Morgan, an 18-story boutique condominium rising at 38 East 35th Street between Park and Madison Avenues. The project marks the firm’s first New...

How to Create a Joyful, Clutter-Free Kitchen (9 photos)

From quick weekday breakfasts to special-occasion dinners planned and prepared with care, the kitchen is nearly always a hub of household activity — which also means it’s a common place for clutter to accumulate. Here we look at ways of clearing the clutter and creating a beautiful, useful space in...

U.S. Mortgage Rates Rise in Late July Amid Middle East Uncertainty

The average rate on the benchmark 30-year fixed-rate mortgage rose for a second consecutive week, reflecting higher Treasury yields as global investors continued to weigh geopolitical risks stemming from the recent Iran conflict and the outlook for U.S. monetary policy. According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed-rate mortgage increased to 6.58% for the week...

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