Homebuilders are weathering the trade war — for now

The enormous scale of the trade war initiated by President Donald Trump has the potential to upend practically every aspect of the economy, and the most vulnerable space in the real estate industry is homebuilding. Trump has targeted a number of key trading partners for homebuilders — including Canada, Mexico, China and Vietnam. He’s either threatened or implemented tariffs on key construction...

Final Offer joins LeadingRE preferred vendor program

Leading Real Estate Companies of the World (LeadingRE) has added digital listing and offer negotiation platform Final Offer to its Solutions Group — a curated program of preferred business resources available to its global network of 550-plus real estate firms. Final Offer provides tools that allow listing agents to share sellers’ preferred terms and timelines with potential homebuyers. The platform...

eXp team leader David Brooke on how to overcome industry myths

On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with David Brooke — founder of the Brooke Team at eXp Realty — for a candid conversation about the challenges and rewards of team leadership in today’s real estate landscape. From navigating team turnover and agent burnout to building a strong, values-driven culture, Brooke opens up about what it really takes to lead...

PennyMac, the top dog in correspondent, says its broker business is booming

PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $136.5 million for Q2 2025 on revenue of $444.7 million, which executives attributed to big strides made in the broker channel and a servicing portfolio that has surpassed $700 billion UPB. During the earnings call, CEO and Chairman David Spector commented that PennyMac was experiencing “remarkable growth” in the...

U.S. Home Sales See Highest June Cancellation Rate on Record

The U.S. housing market is experiencing a sharp uptick in home sale cancellations, with nearly 15% of all contracts signed in June falling through -- the highest share for any June since at least 2017, according to new data released by Redfin. Just over 57,000 pending home sales were scrapped last month, representing 14.9% of homes that went under contract. That's up from 13.9% a year ago, as elevated home...

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