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Realty of America rockets into RealTrends Verified Rankings top 50 in first full year

Growing up in poverty in Chicago, Realty of America founder and CEO Eddie Garcia, remembers going to the Archdiocese of Chicago on Tuesdays each week as a child to pick up a small box of food for his family.  “I came from extreme poverty,” Garcia said. “Both of my parents were homeless, living under highway overpasses in Mexico City. We came to America when I was three, and we arrived to a...

Foreclosure filings accelerate in early 2026 as servicer pressure builds

Foreclosure activity accelerated in the first quarter of 2026, with signs of mounting operational pressure for mortgage servicers and downstream vendors, according to ATTOM’s latest U.S. Foreclosure Market Report and insights from industry executives. While overall foreclosure volumes remain below pre-Great Recession peaks, starts, completions and real estate-owned (REO) inventories are climbing,...

NAREB affordable homeownership bus tour targets Black homeownership gap

The National Association of Real Estate Brokers (NAREB) has launched an eight-city Affordable Homeownership Bus Tour aimed at closing the Black homeownership gap by bringing housing education, lending resources and policy conversations directly into local communities. The tour, led by NAREB President Ashley Thomas III, will visit Philadelphia; Baltimore; Detroit; Gary, Indiana; Kansas City, Missouri;...

When listings lie: AI staging pushes real estate into an ethics gray zone

Virtual staging — once a simple tool for digitally adding furniture — is rapidly evolving into a powerful and sometimes controversial force in real estate marketing as artificial intelligence (AI) reshapes what’s possible. To understand where the line is drawn between enhancement and misrepresentation, it helps to start with the people who enforce the rules. Edward Zorn, vice president and...

U.S. Property Taxes Near $400 Billion in 2025

Falling Home Values Fail to Ease Tax Burden A slight cooling in U.S. home prices did little to relieve pressure on homeowners in 2025, as property taxes climbed to nearly $400 billion and effective tax rates reached their highest level in five years, underscoring the growing disconnect between market values and local tax burdens. New figures from ATTOM show that local governments levied $396.8 billion in...

Will new tax on ultra-luxury NYC homes derail red-hot demand?

New York Governor Kathy Hochul is reversing course and throwing support behind a proposed annual tax on high-end second homes in New York City. Hochul, who had previously resisted the measure, now says affluent property owners — particularly those with multimillion-dollar second homes — should help shoulder the burden of growing revenue gaps. The proposed “pied-à-terre” tax would apply to...

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