New Western president speaks on PadSplit partnership

New Western and PadSplit have entered a partnership aimed at increasing affordable co-living housing, effective last week. New Western cofounder and President Kurt Carlton told HousingWire the collaboration will allow investors to access PadSplit’s model for converting single-family homes into shared living spaces — while leveraging New Western’s large property inventory. “(PadSplit) will...

Mortgage rates drop to another new low for 2025

Mortgage rates reached a new 2025 low today, despite core inflation running at 3.1% year over year, according to the CPI report this week. The softening labor data and improved mortgage spreads currently overshadow any concerns about inflation. If the jobs data were exceeding estimates, the situation would be different. According to Mortgage News Daily, mortgage rates have dropped to a low of 6.53%,...

eXp Realty’s Sumanth Kamath on AI and digital twins

Sumanth Kamath — chief technology officer at eXp Realty — took the stage Tuesday in Dallas at HousingWire’s AI Summit to share how his company is using artificial intelligence (AI) to drive efficiency, empower employees and scale operations. In a conversation with HousingWire Senior Director of Data and Content Tracey Velt, Kamath described a sweeping AI strategy that includes everything from...

OneTrust challenges mortgage coaching neutrality in suit over trade secrets

OneTrust Home Loans filed a lawsuit this week challenging the long-promoted neutrality of mortgage coaching programs, alleging the services were used by a rival to gain a competitive edge. The California-based lender is suing former loan officer Broch Lassig, mortgage coach Richard Ruby, and Ruby’s company, The Core Training, accusing them of misusing confidential business information to harm its...

U.S. Home Price Growth Slows as Affordability Pressures Mount in 2025

In the second quarter of 2025, home price growth cooled across U.S. metro areas, reflecting shifting market dynamics amid persistent affordability challenges and rising mortgage costs. According to the National Association of Realtors latest report on Metropolitan Median Area Prices and Affordability, 75 percent of the 228 metro markets recorded home price gains, down from 83 percent in the first quarter....

20 of the best real estate Instagram accounts to follow

With its focus on photos and videos, Instagram is a great place for real estate agents to showcase their listings and personalities. It allows agents to be visible to their existing network while expanding their networks and gaining new followers (prospective clients). You can build trust over time with your audience by posting consistently, and how you brand yourself is totally within your...

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