Dream Finders bets empty nesters want amenities, not age limits
Reverie active adult brand targets Gen X buyers seeking amenities and connection, while builders look to protect margins
HousingWire
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Luminate Bank acquires select assets of First State Mortgage Services
Luminate adds volume and a larger Midwest presence
Toll Brothers luxury moat meets a tougher market test
Cash buyers were 25% of deliveries, and the average loan-to-value was 69% in fiscal Q3
New tax on high-value second homes challenged in Rhode Island
Plaintiffs say the law should not target out-of-state residents who cannot vote in Rhode Island
Unlock MLS redefines participants, adds data licensing
Starting Sept. 15, platform brokerages must commercially license listing data feeds and pay a fee
FHFA says GSE foreclosure prevention actions fell in May
Refi volume fell 29.9% as the average 30-year fixed rate rose to 6.44%, FHFA data revealed
Zillow layoffs included longtime exec Sara Bonert
Bonert said she may be the most tenured employee impacted, as Zillow cut 500-plus roles in early August
Point favors deliberate growth with new HEI wholesale channel
Point is betting that broker distribution can scale the product
MLS critics call it anti-competitive. These brokers say it helps them compete
CMLS 2023 papers frame MLS as an information sharing system with network effects that lower search costs.
Is Zillow having its AOL moment?
Listing creators and direct channels may capture more value as private networks expand and buyers search beyond portals.