Agent movement stalls as retention takes hold in Q2

The landscape for real estate agent recruiting is undergoing a structural shift, with agents increasingly choosing to move within their existing brand rather than switch to a competitor, according to a new report from Recruiting Insight and Lone Wolf Technologies. The Q2 2026 Agent Migration Report, based on 113,372 records and four MLS corridors, found that external moves — agents changing to a...

FirstTeam Real Estate, Purlin partner on AI-powered operations

FirstTeam Real Estate has partnered with Purlin to deploy an AI-powered operating system across the brokerage, giving agents a unified platform for managing contracts, negotiations, transactions and client communications. The California-based independent brokerage will implement PurlinOS, Purlin Close and Purlin Offer & Negotiate, creating a single AI-powered infrastructure that connects agents,...

Continuum launches its first NYC condo building in years with The Morgan in Midtown

After years focused on marquee developments in South Florida, Continuum Company is back in Manhattan. The developer behind landmark projects including Madison Square Park Tower, CitySpire, and Continuum South Beach has officially launched sales for The Morgan, an 18-story boutique condominium rising at 38 East 35th Street between Park and Madison Avenues. The project marks the firm’s first New...

U.S. Mortgage Rates Rise in Late July Amid Middle East Uncertainty

The average rate on the benchmark 30-year fixed-rate mortgage rose for a second consecutive week, reflecting higher Treasury yields as global investors continued to weigh geopolitical risks stemming from the recent Iran conflict and the outlook for U.S. monetary policy. According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed-rate mortgage increased to 6.58% for the week...

Home sales are positive but higher rates slowing demand

Mortgage rates hit a yearly high last week and even though housing demand is still positive year over year, it is slowing down, just not in a big way yet. Typically, in the past few years, when mortgage rates get above 6.64% and then break over 7%, housing demand slows. Housing data always improves when rates move lower than 6.64% and just stay near 6%. We have seen this back-and-forth dance with sales...

Coldwell Banker Warburg folds into Compass in New York

Coldwell Banker Warburg is folding into Compass. Both Compass and the Coldwell Banker brand are owned by Compass International Holdings.  The former New York-based Coldwell Banker franchise will now operate as Warburg at Compass, according to a Compass spokesperson.   “We’re excited that Warburg’s agents are joining Compass’ New York City operations,” the Compass spokesperson wrote in an...

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