NextHome Residential (@nexthomeres) — tuztoz.com

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NextHome Residential

@nexthomeres

The most responsive real estate professionals in New York • Careers: http://join.nhr.re • Instagram: http://instagram.nhr.re • 844.LUKE.CARES (844.585.3227) #NHRGetsReal

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Latest Posts by NextHome Residential

Borrowers have a new agent. Is your organization built for it? AI is shifting negotiating power from lenders to borrowers at scale. The institutions that restructure their workflows and tools to meet that reality will grow. The ones that don’t will feel it in pull-through rates before they understand why. For most of mortgage’s recent history, information asymmetry was a structural advantage. Most borrowers didn’t know what they didn’t know about pricing, programs, or what their credit profile actually entitled them to. That advantage is eroding faster than most executives have accounted for in their strategic plans.

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Auction.com’s 2026 outlook reveals bearish home price expectations Auction.com’s 2026 Buyer Outlook shows buyers of distressed homes at their most bearish levels in five years on home prices and rents.

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City Council eyes return of controversial property-seizure program A City Council push to resurrect a controversial property seizure program is gaining momentum, with the Mamdani administration supporting a redesign that would once again allow the city to transfer tax-delinquent buildings with dangerous conditions to new owners. Council member Pierina Ana Sanchez, who chairs the Committee on Housing and Buildings, introduced legislation in late January to reboot the city’s Third Party Transfer program. The initiative, halted by former Mayor Bill de Blasio in 2019 after criticism that it disproportionately impacts homeowners of color, would be majorly redesigned under Sanchez’s proposal. Dubbed the Housing Rescue and Resident Protection Act, the […] This article originally appeared on The Real Deal. Click here to read the full story.

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True Footage lands $40M Series C as appraisal industry hits ‘critical’ AI phase True Footage raises $40M Series C to scale its staff appraiser model and data platform as UAD 3.6 and AI reshape home valuations.

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California steps up reform to join the single-stair bandwagon California lawmakers have been at the forefront of zoning reforms to increase housing supply and affordability. New legislation filed Tuesday would put the state on the path to joining single-stair reform that other states and cities have already adopted. Assemblymember Alex Lee’s newly filed bill proposes increasing housing construction by reforming California’s building code to […]

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Residential contractors remain AI-skeptical early on, report finds ServiceTitan’s 2026 Residential State of the Trades report shows 25% of contractors use AI meaningfully while nearly 50% lack trust. Labor, overhead, and materials are top 2026 risks, and 73% of customers prioritize clear upfront pricing.

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The rumors aren’t true. Housing market crash unlikely despite war, high rates HousingWire lead economic analyst Logan Mohtashami has cited a key ingredient needed for a crash that's currently missing.

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SL Green promotes Harrison Sitomer to president SL Green promoted its young, fast-rising head of investments to Marc Holliday’s second-in-command. New York’s biggest commercial landlord on Monday named Harrison Sitomer, 36, president of the $2.6 billion REIT. “Harry exemplifies the dedication, tenacity and strength that define SL Green,” Holliday, SL Green’s CEO and chairman, said in an announcement. “This promotion reflects his achievements and our continued commitment to growing talent from within.” Sitomer will retain his title as chief investment officer. The move formalizes Sitomer’s growing role at the company, where he’s risen through the ranks since starting out as an intern in 2011. The University of […] This article originally appeared on The Real Deal. Click here to read the full story.

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Mortgage rates level off, but is 6.5% the new normal? Mortgage rates have soared in the past month, but market participants appeared to take a wait-and-see approach this week as they contemplate further price increases for home loans.

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DataTrace on AI’s reality, risk and responsibility in title search AI improves speed and efficiency, but accurate title search still relies on legacy data, infrastructure and validation, the company found.

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Real Brokerage adds 65-agent Equity Realty Group in Phoenix Real Brokerage adds Randy Anaya’s 65-agent Equity Realty Group in Phoenix’s Southwest Valley, boosting its $191M team presence in the Arizona market.

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A new study says private listings beat the MLS. Here’s what it left out UGA study found a 1.7% private sale premium in DFW, but post 2020 estimates fall to about 0.9% and are not significant.

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First American sues Novad, seeks to freeze assets over $1.6M dispute First American sued Novad in a Maryland court, seeking attachment as arbitration proceeds over $1,628,573.38 in reverse mortgage fees.

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Rate hires Adam Boyd as president of consumer lending Rate hires veteran executive Adam Boyd as president of consumer lending to drive the lender’s expansion beyond mortgage into consumer lending.

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Rocket Pro targets purchase growth with incentives, agent-focused tools Rocket Pro is boosting purchase incentives by up to 100 basis points and rolling out new broker tools to strengthen agent relationships.

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Rechat launches AI memo tool for agents Key features include two capture modes — live recording with client permission or dictated voice memo — plus structured output with a summary.

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SL Green eyes up to $360M for Sixth Ave office tower SL Green is continuing on its plan to sell $2.5 billion worth of property by putting its 1350 Sixth Avenue office tower up for sale. The REIT led by Marc Holliday is eyeing a price tag upwards of $360 million for the 600,000-square-foot building at East 55th Street, sources told The Real Deal. A deal at that price would work out to about $600 per square foot. The building is about 80 percent occupied and is being pitched to investors looking for some upside in leasing the available space, without the risk of a large vacancy. The availability came when […] This article originally appeared on The Real Deal. Click here to read the full story.

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Mike Detwiler is once again the head of Mortgage Cadence Mortgage Cadence brings back co-founder Mike Detwiler as CEO, following PartnerOne’s buyout.

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Home renovation plans hold steady despite affordability hurdles Block Renovation's survey of 1,059 homeowners shows 68% renovate for livability, while 17% are considering or planning an ADU.

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The Closing: Lauren Hochfelder Lauren Hochfelder climbed the ranks at Morgan Stanley to take the helm of one of the firm’s main investment platforms. As head of global real assets, Hochfelder oversees roughly $78 billion in investor capital across four core strategies: private real estate equity, private infrastructure and two real assets credit businesses. Since joining the firm in 2000, Hochfelder has held a series of leadership roles before she expanded her mandate to the entire real assets division, which includes 300 people across 20 offices in 13 countries. Over more than two decades, she has helped steer the business through boom times and […] This article originally appeared on The Real Deal. Click here to read the full story.

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The hidden cost of mortgage tech: How workflow fragmentation is driving the “interoperability tax” Workflow fragmentation is driving hidden costs in mortgage lending. Here’s how interoperability can reduce cost per loan and improve efficiency.

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Verification first: Why mortgage lending must rethink income — and how it actually works For decades, mortgage underwriting has followed the same basic structure: verify income, review credit, apply ratios, and make a decision. The tools have improved. The thinking largely hasn’t. Automated systems like Desktop Underwriter and Loan Product Advisor can process loans faster than ever. But they still rely on a core assumption: if income can be documented, it can be trusted.

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Who’s still buying rent-stabilized buildings? When Summit Properties bid on a portfolio of 5,100 mostly rent-stabilized apartments in New York, it turned the assumptions of the city’s multifamily market on their heads. Here was a sophisticated buyer not just interested in the properties at a price of $451 million, but actually fighting with the city for the ability to purchase highly regulated units at a bleak time for the rent-stabilized market. More than 1 million apartments in New York have their rent increases capped by law, even when a tenant moves out or a landlord completes major renovations. Add in expense shocks in insurance and […] This article originally appeared on The Real Deal. Click here to read the full story.

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Nationwide Mortgage Bankers taps Herrera as president of Hispanic homeownership division Herrera previously served as vice president of Americasa, a Spanish-language mortgage platform promoting Hispanic homeownership.

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HousingWire Mortgage Rankings: How top LOs dominated government lending in 2025 Navy veterans Jason Smith and Martin Medve used their mastery of guidelines and a niche borrower focus to dominate FHA and VA lending in 2025.

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A capital-light, local model could power this off-site builder’s plan to scale Reframe Systems is scaling a distributed microfactory model for modular and panelized housing, targeting high-cost markets. The company expects 48 unit deliveries in 2026, with a goal of up to 200 units in 2027 as its first full-scale microfactory site comes online.

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Trending: employer housing benefits narrow affordability gaps A growing number of private sector employers have quietly begun offering workers a benefit that helps them live closer to the office at a price they can afford. As housing costs soar, it has been policymakers nationwide who’ve hogged the headlines, zeroing in on zoning reform and regulatory rollbacks as fixes for America’s housing affordability […]

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Click n’ Close appoints Delores Lopez chief operating officer The new COO joins the company as it builds on down payment assistance programs and One-Time Close construction lending.

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How Demographics Impact the Housing Market This episode was a bonus episode done at Sarah’s request to update my...

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Reverse Focus acquires Apiro Marketing to broaden mortgage services Reverse Focus will acquire Apiro Marketing, combining reverse mortgage software with marketing and content to target a wider audience.

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