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Compass talks M&A strategy at The Gathering

Private listings and Clear Cooperation (CCP) have been Compass’s headline calling cards over the past several months, but at HousingWire’s The Gathering on Sunday, mergers and acquisitions were the primary focus.  In a conversation with Diego Sanchez, the president of HousingWire, Lacey Conway, the CEO of Latter & Blum and Compass executive vice president of […]

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New listings slump. Have home sellers already called it quits?

One of the most encouraging data points for 2025 so far is that new listings have finally emerged from a two-year slump, exceeding 80,000 per week during the seasonal peak period. The question is: Have we already seen the highest new listings print for the year? We are currently in the seasonal period where we

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AI assistant Shilo closes $2.6 million seed funding round

Shilo.ai is going to have an easier time with product development thanks to a $2.6 million seed funding round. The AI assistant firm announced the funding round on Friday.  The round was led by AZ-VC, Arizona’s largest venture capital fund, which was founded by Jack Selby, the managing director of Thiel Capital. “We’re not here

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Tech Pulse: Compass touts AI platform, Prudent AI launches non-QM tool

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate. Here’s what happened this week: Robert Reffkin touts Compass’s AI platform, agent advocacy efforts Compass is preparing to launch a new AI platform designed to automate tasks, find opportunities and give

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Century 21 expands with affiliation on Oregon coast

Century 21 Real Estate has added Shorepine Properties in Pacific City, Oregon, to its network — strengthening the brand’s presence in the state’s Central Coast region. Broker/owner Becky Kirkendall has led Shorepine Properties since purchasing the full-service brokerage in 2017. A former hospitality manager, Kirkendall transitioned into real estate after moving to Pacific City in

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New California wildfire homeowner assistance program includes reverse mortgages

As communities and organizations continue to reckon with the impact of the Los Angeles-area wildfires, the state is now stepping in with a new assistance program that will include impacted reverse mortgage borrowers whose homes were damaged or lost. California Gov. Gavin Newsom (D) on Thursday announced that the CalAssist Mortgage Fund will launch on

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Former Douglas Elliman agent withdraws lawsuit that sought unpaid commissions

A former Douglas Elliman agent has withdrawn a lawsuit that sought to recoup $1.6 million in clawbacks from deals that closed after she left the brokerage. New York and Miami agent Holly Parker claimed she’s owed commissions on deals that were pending following her exit from Douglas Elliman. In the withdrawal, filed in the Supreme

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In California, a local senior advocacy group continues under shadow of federal cuts

Since January, federal funding cuts have struck far and wide across a number of local, state and federal programs that tackle a variety of issues. And while the local “Choice in Aging” program in Contra Costa County, California, would be directly impacted if cuts happen, that’s not stopping people there from advocating on behalf of

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Senators call on FHFA’s Bill Pulte to pause GSE privatization plans

A group of 14 Democratic senators, led by Elizabeth Warren (Mass.) and Minority Leader Chuck Schumer (N.Y.), have called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to pause any potential plans to release government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conservatorship. The letter, first reported by Bloomberg, said that any potential

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HUD plans new time limits, work requirements for rental assistance

The leaders seated earlier this year in the U.S. Department of Housing and Urban Development (HUD) are reportedly planning new time limits and work requirements for recipients of the department’s existing rental assistance programs, according to an internal document viewed by NPR. The document reportedly reveals that HUD is planning on limiting the amount of

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