Goby Homes launches property transaction platform, founder honored by NAR

Real estate technology startup Goby Homes has launched a new platform aimed at increasing transparency, security and communication in residential real estate transactions, the company announced during the 2025 Realtors Legislative Meetings. That announcement coincided with the National Association of Realtors naming Goby Homes founder Terrence Nickelson its 2025 iOi Innovator of the Year. Nickelson...

White House expects reverse mortgages to continue producing government receipts

Following last month’s release of the so-called “skinny budget” from the White House, the Office of Management and Budget (OMB) has released a 1,200-plus page appendix for the proposal. It includes projections related to the performance of the Home Equity Conversion Mortgage (HECM) portion of the Mutual Mortgage Insurance (MMI) Fund. According to the data — detailing the U.S. Department of...

Home-price growth at decade low, Florida markets lead declines

Home-price growth in the U.S. fell to its lowest rate in more than a decade this April, according to the latest data from Cotality. Weighing on the market were continued concerns about the economy, including job stability, inflation and possible tariff impacts — all contributing to sluggish buyer demand. “Housing market headwinds continue to challenge homebuying demand, but improved for-sale...

Prudent AI debuts non-QM underwriting tool

Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages (non-QMs). Unlike traditional AUS tools — which assess loan eligibility later in the mortgage process — Prudent AI’s system reviews key borrower data such as income, credit and assets at the point of...

2025 Hurricane Season Puts 6.4 Million U.S. Homes at Risk of Storm Surge

Hurricane Risk, Insurance Costs Stall U.S. Coastal Home Sales in 2025 Now that the 2025 hurricane season has officially begun, according to NOAA, a new and growing concern is emerging for homeowners along the U.S. coast -- especially in an already tight housing market with historically low inventory. The rising cost and shrinking availability of property insurance are starting to impact home values and...

Two maps that show where the housing market is struggling

Industry professionals were full of optimism heading into the spring that the housing market could pick up after a sluggish start to 2025. But heading into the summer, that optimism has largely faded. Existing-home sales are hovering around 4 million and many markets that are typically fruitful for homebuilders have stalled. In its midyear housing market report, John Burns Research & Consulting...

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