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Atlas VMS’s Erik Morin on HECM second appraisals, AIM-Port acquisition

Like other segments of the broader housing industry, the appraisal space is rapidly evolving through consolidation, technology adoption and federal policy shifts. Reverse mortgage professionals should be mindful of these factors as they work with appraisers to close deals. Erik Morin, CEO of Miami-based Atlas VMS, a Miami-based appraisal management company (AMC) and technology platform, recently sat...

Meet the AI platform giving every agent a personal coach

For some real estate brokers and team leaders, coaching can be difficult to scale. Individual coaching offers more personalized guidance but can be costly, while group training reaches more agents but may not address each agent’s specific needs. Phillip Gagnon, founder and CEO of broker management platform 3 Data Pulse, believes artificial intelligence (AI) has finally cracked the code. He...

RHOM star Alexia Nepola buys $5.25M villa at the Ritz-Carlton Miami Beach — with ex Todd Nepola

Even with The Real Housewives of Miami currently on pause, Alexia Nepola clearly isn’t stepping away from the spotlight. The longtime Bravo star just purchased a $5.25 million villa at the The Ritz-Carlton Residences, Miami Beach — and in true Housewives fashion, the story comes with a twist. Her ex-husband Todd Nepola represented her in the transaction. And honestly, it already sounds like a...

U.S. Mortgage Rates Rise as Iran Conflict Fuels Inflation Fears

U.S. mortgage rates moved higher this week as escalating geopolitical tensions in the Middle East and renewed inflation concerns rippled through global financial markets, adding fresh pressure to an already strained housing sector. According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the average rate on a 30-year fixed mortgage climbed to 6.51% for the week ending May 21, up from 6.36%...

Housing demand stays firm, pushing inventory close to negative YOY

It’s been a day full of news about a possible peace deal with Iran, which would be great news for housing. However, even though mortgage rates have risen due to the conflict lasting longer than anyone initially thought, housing demand has held up, and housing inventory is now on the verge of going negative year over year in our weekly single-family listings data.  Housing inventory going negative...

25 Ideas for Kitchen Appliance Garages (27 photos)

Appliance garages conceal countertop appliances such as blenders, coffee makers and toasters while keeping them easily accessible and organized. While they’ve been around for decades, they’re enjoying a resurgence in popularity as homeowners incorporate more gadgets into their kitchens — and as...

California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding

The California Mortgage Bankers Association (CMBA) voiced strong support for Gov. Gavin Newsom’s proposed $100 million allocation for the Southern California Rebuild Fund included in this month’s revised state budget proposal, the trade group said this week. The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern California...

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