Weekly Roundup
Week of September 3, 2026
Recent primary elections in Michigan have shown strong support for candidates advocating for zoning reforms, with those cosponsoring housing reform winning by an average of 47.2 points. This momentum comes despite opposition from local governments regarding zoning preemption, indicating a potential shift in housing policy in the state.
Compass has reached a settlement with the Northwest Multiple Listing Service (NWMLS) that will introduce a new 'First Look' status for property listings. This agreement, which begins implementation on September 4, aims to address concerns regarding the use of 'coming soon' listings in the real estate market. The settlement is expected to have significant implications for how properties are marketed and sold in the region.
eXp Realty has announced the winding down of its mortgage joint venture with Kind Lending, known as Success Lending. The company is now shifting its focus towards a new partnership with Newrez, a prominent mortgage lender. This strategic move reflects eXp's ongoing efforts to enhance its mortgage offerings and streamline operations.
Rocket Mortgage has filed an amended complaint claiming that United Wholesale Mortgage (UWM) engaged in unethical practices by providing brokers with lists of specific loans to target Mr. Cooper borrowers. This allegation raises concerns about competitive practices in the mortgage industry and the potential impact on consumers. The complaint highlights ongoing tensions between major players in the mortgage lending market.
The real estate industry is evolving, with a growing emphasis on proactive communication, transparency in costs, and minimizing handoffs during transactions. This shift indicates that brokerages are now being evaluated more on their service quality rather than just competing with one another. As a result, home buyers and sellers can expect a more streamlined and clear process when engaging with real estate professionals.
The National Association of Home Builders (NAHB) reports that the construction industry faces a significant labor shortage, requiring the recruitment of 723,000 workers annually. This situation is exacerbated by tightened immigration enforcement, which affects the availability of labor on job sites. Builders are advocating for the Dignity Act and increased trades training to address these challenges.
Remodeling a home can be an expensive endeavor, and many homeowners may not realize that the most significant financial pitfalls often occur before construction starts. Engaging in thorough discussions with contractors and planning carefully can help mitigate these costs. Understanding these common mistakes can lead to more successful renovation projects.
Property owners can benefit significantly from understanding what expenses can be written off against their rental income. This knowledge is crucial for maximizing profits and ensuring compliance with tax regulations. Whether you are a current landlord or considering investing in rental properties, knowing these deductions can enhance your financial strategy.
As more states legalize plug-in solar systems, safety standards for these technologies are struggling to keep pace. According to UL, a leading safety certification organization, none of the tested plug-in solar systems met its new safety standard for fire and shock protection. This raises concerns about the safety of these systems for homeowners and investors alike.
A San Francisco renter has revealed a sophisticated scam that cost him $18,000 after he fell victim to a fraudulent rental listing on Craigslist. The scam highlights the increasing sophistication of fraudsters targeting potential tenants, making it crucial for renters to exercise caution when searching for housing online.
Provincetown's real estate market has seen a significant surge in condo prices, with a new record set at $5 million just two weeks after a previous record of $3.9 million. The rapid increase in condo prices highlights the growing demand for high-end properties in the area, attracting buyers willing to invest substantial amounts. This trend indicates a competitive market that may impact future pricing and availability for home buyers and investors.
The cast for Season 35 of 'Dancing With the Stars' has been announced, featuring 16 celebrities competing for the coveted Mirrorball Trophy. Alongside their performances, the article highlights the impressive homes these stars retreat to after their time in the ballroom. The homes reflect not only the personal tastes of the celebrities but also the luxury real estate market they inhabit.
Actor Adam Scott, known for his role in 'Severance,' shares insights about his upbringing in Santa Cruz, California, where he split time between two distinct family homes. This unique experience influenced his personal and professional development, shaping his journey to Hollywood. Scott's reflections highlight the importance of diverse environments in childhood and their lasting effects on career paths.
Bob Worsley, the founder of SkyMall and former Arizona State Senator, has listed his off-grid Legacy Ranch for $9.5 million. The 35-acre property features multiple structures and serves as a retreat for family and friends. This unique listing highlights the growing trend of off-grid living and luxury rural properties.
A recent report from the Chicago Federal Reserve indicates that tariffs have significantly affected the furniture, appliances, and construction sectors. The study suggests that while tariffs were intended to protect domestic jobs, they may not have effectively counterbalanced the increased costs associated with these goods. As a result, the economic benefits of job creation in the short term are in doubt.
In the new HGTV show 'Totally ’90s House', stars from beloved 1990s sitcoms are working with a budget of $200,000 to update their homes by removing retro decor. The show highlights set props from 'Full House' and 'The Cosby Show' that the stars have kept over the years. They also share valuable home makeover tips that can inspire homeowners looking to refresh their spaces.
Security deposits, much like down payments for home purchases, represent a significant financial hurdle for renters. Over 65% of independent landlords are unwilling to waive these deposits, making it crucial for renters to treat them with the same seriousness as a down payment. This perspective can help renters better prepare for their housing costs and financial commitments.
The Tafoya Real Estate team, based in Fresno, California, has officially joined eXp Realty. This mega team consists of approximately 37 agents and has achieved significant sales, closing $87.92 million across 172 transactions in 2024 and 2025.
Rate, a mortgage company, has announced the opening of a new branch in Elmhurst, Illinois, bolstered by the addition of mortgage leaders Vito Roppo and Nick Ferrante. Together, they bring a combined production of $155 million to the new location, enhancing Rate's capabilities in the Chicago area.
In August, Home Equity Conversion Mortgage (HECM) volume experienced a decline, with the top three lenders capturing 62% of the market share. Meanwhile, issuance of Home Mortgage-Backed Securities (HMBS) rose significantly, totaling $537 million across 65 pools. This trend highlights the ongoing consolidation in the HECM market and the growing importance of HMBS in the financing landscape.
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