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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that restrict certain sales to these entities for a 30-day period have produced mixed results at best and will now be rescinded.

Sales 410
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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

Americas housing market isnt just cooling its frozen in place. Existing home sales have hit multi-decade lows. With so few homes hitting the market , theyre forced to compete for a shrinking slice of inventory, often at inflated prices. In todays environment, that design is becoming a liability. Inventory has collapsed.

Design 286
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Luxury Presence releases hub for off-market home sales

Housing Wire

Luxury Presence has introduced Private Listings Hub, an invitation-only platform designed to help real estate agents promote off-market and pre-market listings with greater control and discretion. Agents can control listing visibility, filter buyer matches and receive notifications for relevant off-market opportunities.

Sales 248
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Lofty releases automated agent marketing solution

Housing Wire

Real estate technology firm Lofty has announced the launch of Lofty Bloom, a new automated marketing solution aimed at helping real estate professionals focus on specific ZIP codes and generate high-quality seller leads. The platform combines direct mail, digital retargeting and artificial intelligence -driven followups, Lofty explained.

Agents 317
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Citi looks to grow market share with mortgage.com platform

Housing Wire

The company has an aggressive marketing goal to reach the No. Citis previous use of the URL was to redirect to learning center content within the home lending pages on the Citi domain, according to Head of Mortgage Marketing at Citi, Chip Burgard. Market share and brand authority Why launch this site now?

Marketing 418
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Concierge Auctions and Luxury Presence team up on marketing

Housing Wire

Luxury real estate auction house Concierge Auctions has entered a co-marketing partnership with proptech startup Luxury Presence , announced today. The partnership also gives Concierge’s agents and brokers access to Luxury Presence s advanced website design, hosting and SEO services.

Marketing 335
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California will require home insurers to offer policies in high-risk wildfire areas

Housing Wire

Californians deserve a reliable insurance market that doesnt retreat from communities most vulnerable to wildfires and climate change , Lara said in a statement. My Sustainable Insurance Strategy is focused on addressing the challenges we face today and building a resilient insurance market for the future.

Design 523