August 2025

HUD is auctioning off 1,600 HECMs — with more to come

The U.S. Department of Housing and Urban Development (HUD) is cleaning up its books and auctioning off roughly $444 million in reverse mortgages on Wednesday to reduce the risk to its Mutual Mortgage Insurance (MMI) Fund. The sale includes about 1,600 Home Equity Conversion Mortgages (HECMs) tied to vacant single-family homes where the borrowers are […]

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Real Brokerage adds California firm via private-label program

Showcase Real Estate — a Yuba City, California-based brokerage — has joined The Real Brokerage under its private-label program. Led by broker-owner Donna Phelan, Showcase Real Estate brings 45 agents to Real, expanding the firm’s presence across a seven-county region in Northern California. Since 2018, Showcase has closed more than 2,170 transactions totaling $826 million

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Migration 2025: Where Americans are moving to — and why

Americans are still drawn to major cities — despite rising living costs and urban congestion. U.S. News & World Report’s 2025 migration trends report shows the popularity of migration pathways such as New York City to Los Angeles, San Francisco to Austin, Texas, and Charlotte to Chicago — highlighting persistent interest in urban living, despite

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