Opendoor hits reset: The iBuyer goes full founder mode with new CEO

Opendoor’s recently appointed CEO Kaz Nejatian used the firm’s third-quarter earnings call with investors and analysts to introduce himself and reintroduce the company he has been tasked with turning around.  “I’m a computer nerd turned lawyer, turned founder, but I think of myself primarily as a product manager,” Nejatian said during Thursday evenings call. “That’s what I’ve spent most...

Stewart acquires MCS’s mortgage services business for $330 million

Title and real estate services company Stewart Information Services Corp., owned by SISCO Holdings, has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million. The transaction, announced Friday, expands Stewart’s suite of services in the property preservation arena, which supports default servicing, while...

Exclusive: NFM Lending grows footprint with Homespire Mortgage acquisition

Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage, the companies confirmed on Friday. The financial terms were not disclosed. With the acquisition, Linthicum-based NFM will expand its presence along the East Coast, while Homespire will gain access to new growth opportunities amid a challenging market for smaller mortgage...

Real, former CFO settle wrongful termination lawsuit

The Real Brokerage and its former chief financial officer Michelle Ressler have reached a settlement agreement in the lawsuit Ressler filed in early June 2025.  Filed in the U.S. District Court for the Southern District of New York, the lawsuit claims that Real orchestrated Ressler’s termination under false pretenses and replaced her with a less qualified male employee. In the suit, Ressler, who was...

What Realtors really think about working with builders

Picture this: a Realtor® walks into a new-home sales office, client in tow, ready to collaborate. The builder’s rep glances up from the desk, wary smile in place. Both sides want the same thing — a sold home — but the air crackles with tension. That moment, repeated across the country, defines one of housing’s longest-running love-hate relationships. According to new research from 1000WATT,...

Striking $18M home on Florida’s Sunset Islands has a travertine-clad primary bath, cold plunge, and Boffi kitchens

A newly completed tropical modern on Miami Beach’s exclusive Sunset Islands has just hit the market for $17,999,000 — and it might just get you to start scribbling down some home inspo notes. Set within one of the city’s most sought-after guard-gated waterfront enclaves, the home was designed in collaboration by Sunlight Homes and Preschel Bassan Studio, with interiors by Tamara Feldman. The...

Brooklyn’s 144 Vanderbilt surpasses 50% sold, sets Fort Greene/Clinton Hill condo records

Tankhouse’s design-forward Brooklyn project 144 Vanderbilt has officially passed the halfway mark in sales, with 15 of the 26 residences now under contract or closed. The milestone reflects not just momentum but record-setting performance: the building accounts for six of the top ten condominium sales in the history of Fort Greene and Clinton Hill, including Residence 6A, which signed for $4.2...

19th-century Manhattan brownstone opens onto secret city garden

Behind a discreet gate in the heart of Manhattan’s Upper East Side lies one of New York’s best-kept secrets: Jones Wood Gardens — a private, shared oasis known only to a handful of homeowners. Among them is 157 East 65th Street, a fully renovated $11.95 million brownstone that quietly opens onto this hidden green sanctuary, accessible to just 12 addresses in all of Manhattan. This 19th-century...

First-Time Homebuyers in U.S. Hit Record Low as Affordability Crisis Deepens

Share of first-time buyers has contracted by 50 percent since 2007 The share of first-time homebuyers in the U.S. has fallen to a record low of 21 percent in 2025, while the typical age of a first-time buyer has reached an all-time high of 40 years, according to the National Association of Realtors' (NAR) 2025 Profile of Home Buyers and Sellers. The findings highlight how rising home prices, high mortgage...

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