article thumbnail

Industry leaders on the trends shaping housing’s future

Housing Wire

The housing industry is shaped by shifting consumer expectations, rapid technological advancement, and a turbulent economic landscape. As mortgage and real estate leaders work to navigate whats next, the perspective of those whove helped shape the industry is more important than ever. White homeownership is expected to decline by 1.8

article thumbnail

The mortgage industry braces for (more) FICO price hikes

Housing Wire

A tri-merge report that a couple years ago was $20 is around $60 right now, one industry pro told HousingWire. What the mortgage industry’s been told Despite widespread speculation and hints during company earnings calls, FICO has neither confirmed nor denied that cost increases on credit reporting will affect mortgage lenders in 2025.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Kamini Lane wants to change the narrative for the real estate industry

Housing Wire

Roughly two years after Kamini Lane took the helm at Coldwell Banker Realty , the real estate industry has gone through quite a bit of change and faced its fair share of challenges. Brooklee Han: There is a lot going on right now that is impacting the real estate industry. This conversation has been edited for length and clarity.

article thumbnail

The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. But despite challenges posed by rates, industry professionals continue to find a way forward. I think that’s true from an industry standpoint.

article thumbnail

Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target.

article thumbnail

As realtors debate rules, AI is preparing to ignore them all

Housing Wire

For years, the real estate industry has been caught up in battles over commissions, lead generation, and who controls access to listings. The industry is already shifting, and its happening faster than most people realize. It wont need industry approvalit will simply find the data wherever it exists and surface it to consumers.

As-is 332
article thumbnail

Remodeling industry could benefit from focus on aging in place

Housing Wire

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.