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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that restrict certain sales to these entities for a 30-day period have produced mixed results at best and will now be rescinded.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 406
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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. Its a design problem. And design problems demand design solutions.

Design 273
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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.

Sales 241
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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. Each training bot is designed to tackle one of five challenges that real estate agents may face. The new platform will leverage specialized training bots to help agents prepare for business.

Agents 344
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FirstTeam begins national expansion, introduces new agent compensation plan

Housing Wire

Founded in 1976, FirstTeam operates more than 46 offices with 2,200-plus sales agents. “FirstTeam’s impressive growth is fueled by a robust ecosystem designed to nurture agents at every stage of their career,” said Michele Harrington , the companys CEO. The firm is among the largest privately held U.S.

Agents 370
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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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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. The number of policies under the FAIR Plan more than doubled from 2020 to 2024, according to the AP.

Design 523