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FHA walks back Biden-era restrictions on foreclosed property sales

Housing Wire

In walking back policies designed to boost participation in foreclosed property sales for nonprofit and government bodies, the Federal Housing Administration (FHA) said that policies put in place in 2022 that restrict certain sales to these entities for a 30-day period have produced mixed results at best and will now be rescinded.

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Trapped by design: Why America’s housing market is stuck — and what the rest of the world can teach us

Housing Wire

Existing home sales have hit multi-decade lows. The core insight: a well-designed financial product can serve both borrowers and lenders without creating systemic friction. In todays environment, that design is becoming a liability. And while U.S. The scale of the lock-in problem is staggering. Nearly two-thirds of U.S.

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AgentCoach.AI is deploying bots to train real estate agents

Housing Wire

Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. said in a statement.

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California will require home insurers to offer policies in high-risk wildfire areas

Housing Wire

Fewer options have led more homeowners to the California FAIR Plan, which is designed to be a stopgap measure rather than a permanent solution. The lack of insurance options has also led to many home sales falling through. This is a historic moment for California.

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realMLS adds transparency platform Rayse as a member benefit

Housing Wire

The platform, designed to improve transparency in real estate transactions, is now available through agents’ realMLS dashboards and at rayse.com/realmls. Rayse helps agents show the story behind the sale. Access to the real estate platform Rayse has been provided to all realMLS members at no additional cost.

MLS
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Ruoff Mortgage teams with Calque on ‘buy before you sell’ offering

Housing Wire

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Buyers are not required to prepare their current home for sale until after they move into the new property. Calque also offers buyers a guaranteed offer on their current home to reduce risk. “It

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Compass, Chapter partner on home renovations

Housing Wire

Compass has entered into a partnership with renovation firm Chapter to integrate design and remodeling services into the home buying and selling processes across markets in New York, Florida, Connecticut and New Jersey. Buyers will gain access to estimates and design plans that help evaluate a property’s potential prior to purchase.