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It is no secret that Offerpad has struggled over the past few years. After recording three consecutive quarters of profitability, the Chandler, Arizona-based firm found itself in choppy waters during the third quarter of 2022, where it ultimately recorded an $80 million net loss. In total, the company would end up losing $148.6 million in 2022, despite the first half of the year being...

The share of homes with price cuts is getting closer to where it was a year ago. For the week ending Aug. 7, 41.44% of active single-family listings nationally had taken a price cut, compared with 41.85% during the same week last year. Eight weeks ago, the gap between 2026 and 2025 was 1.34 percentage points. It has narrowed to just 0.41 points. That could be easy to read as a straightforward...

Newrez has agreed to pay $15.5 million to resolve a multistate examination that found the mortgage servicer improperly charged some borrowers for lender-placed insurance despite having evidence of existing homeowners insurance, according to a settlement agreement signed Wednesday. The settlement agreement, reached with state mortgage regulators in 46 states and the District of Columbia, includes $9.9...

The Real Brokerage is rolling out Leo 2.0, an AI assistant built into its proprietary reZEN platform that automates back-office work, marketing and lead generation for agents. The system — in beta with thousands of agents — represents what Chief Technology Officer Pritesh Damani described as a fundamental shift in how technology should serve real estate professionals. “I don’t think this...

Housing inventory is down year over year, and price growth stands at 2.0% per the NAR existing home sales report. That combination might seem bad for affordability, but the truth is housing inventory is back at a healthy level, with price growth still in check and below wage growth, which ran at 3.2% in the July jobs report. Also, housing inventory is only down a smidge year over year, but today I want...

A new collection of ultra-luxury homes is bringing an unusual level of exclusivity to the American housing market — not because of where they’re being built, but because buyers get to decide where they will stand. Officially unveiled during Pebble Beach Concours d’Elegance week, the Collection Sei Design by Pininfarina consists of just six fully furnished single-family residences priced at $16.95...

Some luxury homes sell quickly because of their location. Others because of their architecture. The sprawling Lynnfield estate at 1215 Main Street appears to have had another advantage altogether: people simply couldn’t stop talking about it. Just one day after hitting the market for $3.9 million, the more than 10,000-square-foot residence found a buyer, ultimately closing for $3.65 million in a...

Whether you work from home part time (or full time), or use your home office for keeping track of household accounts, this space is likely to be a magnet for paper clutter. In this series, we’re approaching each room in the house from the perspective of identifying what sparks...

A cozy breakfast nook can make a kitchen feel more welcoming while adding practical function. Whether it’s a sunny spot for morning coffee, homework, family game night or casual meals, these inviting spaces create room to gather without getting in the cook’s way. The 10 kitchens below...

In this episode of “The House Guest,” host Dorcas Adewole sits down with third-generation builder and real estate developer Matt Panella to discuss how natural...