Housing Wire

OCTOBER 31, 2024

If a consumer is in the homebuying process, the fraudster will send false wiring instructions to the homebuyer ahead of closing—often appearing as if they are from a trusted representative in the transaction. The title industry works closely with financial institutions and the FBI to help recover incorrectly transferred funds.

Title

Housing Wire

OCTOBER 22, 2024

For title professionals who must manage property records, closing statements and other critical documents, this time adds up. Still a little lost when it comes to AI? First, check out SoftPro’s recent blog , delving into the basics). So, always double-check any AI-generated communication for accuracy.

Title

Housing Wire

DECEMBER 19, 2024

million sales in 2025, a number that is close to the current rate of 4.15 The housing industry is getting an early Christmas gift. The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 million, a 4.8% increase over the revised October number and a 6.1%

Sales

Housing Wire

FEBRUARY 24, 2025

In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. People often ask, How can it be possible that home prices are still climbing even though the cost of money is so much higher? There are obviously fewer buyers who can afford these prices. Ive called this a compression in home prices. This year its 2%.

Sales

Housing Wire

OCTOBER 29, 2024

Bryan VantHof, a member of the RE/MAX Advantage Plus -brokered The Minnesota Real Estate Team , also believes the amount the seller nets is central to getting a deal closed. Per the settlement, the agreement must outline how much the buyer broker will be compensated — pending the successful closing of a transaction.

Marketing

Housing Wire

APRIL 18, 2025

Cosmetic updates like flooring, paint or finish work can sometimes be done after closing at a lower cost. Buyers should also budget for post-closing expenses such as landscaping, window treatments, built-in cabinetry and appliances that may not be included. For quick move-in homes, closing dates can also be adjusted.

Purchase and sale agreement

Housing Wire

APRIL 21, 2025

of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns. a year ago and close to the record figure of 45.1% a year ago and close to the record figure of 45.1% According to a new report from Redfin , 44.4% Thats up from 39.3% at the start of 2023.

Seller concession

Housing Wire

JULY 8, 2025

The Bruen Team — a small but rapidly growing real estate agency based in Morristown, New Jersey — recorded its best year ever in 2024 by closing nearly $40 million in sales volume and earning a spot in the 2025 RealTrends Verified rankings for small teams. Best year ever The Bruen Team closed $39.93

Brokerage

Housing Wire

NOVEMBER 7, 2024

Climate change is increasing the intensity and severity of natural disasters. It’s resulting in calls to reimagine the costs of homeowners insurance (Image generated by AI in Midjourney) As the planet warms and extreme weather intensifies, the rising cost of homeowners insurance is stopping real estate deals in their tracks.

Design

Housing Wire

JULY 15, 2025

The latest homebuilder confidence data will be released this week and it’s already hovering close to the lows we experienced during the COVID-19 recession. Housing inventory growth has been a blessing for the existing home sales market, cooling price growth and giving homebuyers a bit more advantage in 2025.

Construction

Housing Wire

MARCH 31, 2025

Rocket said the the transaction is expected to generate $100 million in additional pre-tax revenue from higher recapture rates and attaching its title, closing and appraisal services to Mr. Coopers existing originations. The deal is expected to close in the fourth quarter of 2025. billion , is paying an equity value of $9.4 ”

Finance

Housing Wire

JUNE 26, 2025

Lone Wolf Technologies has released Deal Tracker, a new pipeline dashboard designed to give real estate agents a centralized, real-time view of the home transaction process from initial contact through closing. A visual pipeline tracker displays transaction steps, from warm leads to closed transactions.

Technology

Housing Wire

DECEMBER 5, 2024

Without accountability, even the best leads won’t translate into closed deals. Step 6: Focus on customer experience to build loyalty A great customer experience not only closes deals but also creates lifelong clients who bring in referrals and repeat business. Personalize follow-ups to maintain relationships long after closing.

Development

Housing Wire

JANUARY 17, 2025

This is why it’s essential to monitor builders’ forward-looking outlooks closely. Since late 2022, our analysis indicates that mortgage rates in the 6%-6.5% range are positive to grow sales, whereas rates at 7% and above especially 7.50% or higher significantly impact the builder data. This is 15.8 percent (14.4 percent (11.3

Mortgages

Housing Wire

JANUARY 23, 2025

In sum, our analysis shows Fannie Maes title insurance pilot will have a profound and long- lasting impact on closing costs, potentially eliminating a barrier that prevents many homeowners from pursuing a refinance or other financially beneficial transaction. Fannie Mae s title insurance pilot program could save borrowers up to $2.19

Title

Housing Wire

OCTOBER 24, 2024

The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Their work is done, and it’s up to the receiving agent to serve the client and close the deal. When you buy through our links, we may earn a commission.

Agents

Housing Wire

JUNE 12, 2025

13 among mega teams by closed sales volume. We focus on one thing; converting from appointments to closings. It’s three things; generate appointments for your agents, train them daily on conversion, and give them tools that actually help them close deals.” Partner Real Estate is on the rise — and making its presence felt.

Technology

Housing Wire

OCTOBER 28, 2024

I wish there were more voices closely scrutinizing whether this settlement provides the value it claims to aggrieved class members and whether the attorneys have provided a third of a billion dollars in value to the class,” she wrote. In a document filed on Monday in U.S. The objection is 132 pages in length. Following the Aug.

Pre-approval

Housing Wire

NOVEMBER 23, 2024

This has caught my attention and is something I am following closely. I figured those increases would produce the same weakness in purchase apps that we saw earlier in the year. However, surprisingly, demand has held up better than I anticipated. We aren’t growing like before, but we aren’t as negative as I thought either.

Mortgages

Housing Wire

NOVEMBER 4, 2024

These are homes that will generally close in November and December. But they’re back up to 7% now, so maybe this strength is fleeting and will evaporate as we close out the year. But they’re back up to 7% now, so maybe this strength is fleeting and will evaporate as we close out the year. That’s where we are right now.

Sales

Housing Wire

OCTOBER 30, 2024

The company cites high home prices as a key barrier blocking agents from closing deals more effectively. Sales and marketing bots tackle conversion challenges and closing techniques, along with email campaigns, social media and other marketing tools. Productivity tools are also available to keep agents on track. said in a statement.

Agents

Housing Wire

DECEMBER 30, 2024

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The elephant in the room is affordability. Homes are already staying on the market 20% longer than a year ago.

Marketing

Housing Wire

MARCH 4, 2025

The takeaway from the pending sales numbers is that it takes roughly 35 days on average for sales to close, so homes in contract now will generally close in March, Simonsen wrote. March figures to be a crucial month for gauging consumer interest in the 2025 housing market. This would be a clear headwind to any further rate cuts.

Mortgages

Housing Wire

FEBRUARY 3, 2025

The last thing a buyer wants is to find out after the deal closes that the founder of the business registered a name or trademark in their own name and never properly assign it to the company. The current environment of mergers and acquisitions (M&A) is evolving. Patent & Trademark Office. The same is true of domain names.

Due diligence

Housing Wire

NOVEMBER 19, 2024

Since a Fed president makes this claim, it’s worth examining the data closely as he and his staff should be able to see the same housing data we are all looking at. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate (mortgage rates) should be higher. percent (±11.6 percent (±9.0

Construction

Housing Wire

JUNE 14, 2025

Why aren’t home sales crashing as they did in 2022? Right now we have elevated mortgage rates , trade war uncertainty , rising property taxes and home insurance, terrible consumer confidence data and a downgrade of the government’s debt, among other factors. So, let me try to make sense of it. The seasonal peak period for our data has ended.

Mortgages

Housing Wire

MARCH 24, 2025

To classify these sales, Zillow identified sales that were reported pending or closed with at most one day active and with a buyer and seller represented by the same agent or by agents within the same brokerage office, the report stated. The study also found that these losses were deepest in communities of color.

MLS

Housing Wire

MARCH 13, 2025

This shift is further underscored by a new analysis showing that agents taking at least 15 listings per year achieve significantly higher proficiency in converting listings to closings. Conversely, those surpassing this threshold demonstrate mastery in converting listings into closed deals. annual production 15 listings/year 64.7%

Agents

Housing Wire

FEBRUARY 3, 2025

It also ties into architects and builders creating smaller, denser homes to help close the affordable housing supply gap. Strickland said that 75% of the loans she closed last year were government loans, adding that all of them were purchase money. I think the same could be said for most in my industry, she added.

Debt-to-income ratio

Housing Wire

OCTOBER 15, 2024

It also follows on actions taken by the FCC in December 2023, where the regulator moved to adopt rules that would close the “lead generator loophole” that had been used in the mortgage business. The effective date for the new rule is April 11, 2025, giving the mortgage and real estate industries roughly six months to become compliant.

Mortgages

Housing Wire

MAY 15, 2025

The slightly lower sale price often seems like a good tradeoff in exchange for increased certainty that the deal wont fall apart and a faster closing. Faster closing times All-cash home sales can often close more quickly than sales financed with mortgages, with many realtors sharing an all-cash sale can be completed in just two weeks.

Closing

Housing Wire

DECEMBER 27, 2024

Fleet Homes Real Estate Team – Keller Williams Real estate teams are comprised of real estate agents and other professionals working together towards one common goal to close deals. Depending on the team’s structure, agents can work closely together or independently. Joining a team is a very personal decision.

Purchase and sale agreement

Housing Wire

APRIL 18, 2025

Patrick Stone, the founder and chairman of Williston Financial Group (WFG), is celebrating 50 years in the real estate industry a milestone that coincides with the 15th anniversary of WFG, which he launched in the wake of the Great Recession. Its surreal, Stone said. I started in April of 1975. Thats a Realtor problem.

Title

Housing Wire

JULY 8, 2025

The Real Brokerage has not been shy when it comes to its technological ambitions. From launching its agent-focused Fintech product Real Wallet to Tamir Poleg ’s AI likeness delivering his Q1 2025 earnings prepared remarks , the company is pushing the envelope when it comes to tech in the real estate space.

Technology

Housing Wire

JULY 14, 2025

Guild LOs, who spoke with HousingWire on condition of anonymity due to career concerns, said they have yet to receive any guidance on how the two platforms would collaborate after the deal closes. No official plan has been released because the deal is not closed. When an LO closes a deal there, they receive a small compensation split.

Mortgages

Housing Wire

APRIL 18, 2025

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times. VeriTitle is available via an API and can be integrated into widely used loan origination and point-of-sale systems.

Title

Housing Wire

JULY 29, 2025

Compass is closing out July with another acquisition. Chalk, the brokerage’s team of over 70 agents closed $589.16 The brokerage announced Tuesday that it has acquired Charlotte, North Carolina -based independent brokerage Cottingham Chalk. The financial terms of the deal were not disclosed.

Brokerage