Wed.Jul 23, 2025

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Bipartisan housing bill targets local zoning barriers

Housing Wire

On Wednesday, U.S. Reps. Mike Flood (R-Neb.) and Brittany Pettersen (D-Colo.) introduced the Identifying Regulatory Barriers to Housing Supply Act. The bipartisan measure aims to increase housing supply by encouraging local governments to examine and reduce restrictive zoning and development policies. “Housing affordability is a major concern for communities nationwide,” said Flood, who chairs the House subcommittee on housing and insurance.

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Zillow Reports 5-Year Inventory High and Record Price Cuts

BAM Media

BAM Key Details: Zillow’s latest update shows U.S. housing inventory hit 1.36 million in June, the highest level since November 2019 and up 17.2% year over year. A record-high 26.6% of listings had price cuts, with Denver, Raleigh, and Dallas topping the list. Homes are now taking a median of 19 days to sell, up from just 11 days in June 2023. If your buyers feel like they’re finally catching a break, or your sellers are wondering why their home hasn’t moved, it’s not just them.

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Renters now outnumber owners in key U.S. cities. Is the real estate industry paying attention?

Housing Wire

In cities across the U.S., the scales have tipped, and most of the real estate industry hasn’t noticed. More than 44.5 million households in the United States are renter-occupied, accounting for 35 percent of all homes. But in many of the country’s most economically influential metros, that number isn’t 35 percent but the majority. Manhattan? 75 percent renters.

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How Much is a Mortgage on a $500K House?

Redfin

$500,000 might sound like a lot, but in today’s housing market, it may not stretch as far as you’d think. As of June 2025, the median sale price for a home in the U.S. is roughly $447,000. So how much is a mortgage on a $500K home? Let’s break it down. How much is the monthly mortgage payment on a $500K house? In addition to repaying the principal amount of the loan, the monthly mortgage payment includes additional costs that can vary based on location and mortgage type.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Purchase apps are very confusing this year, but new listings are key

Housing Wire

I have been tracking purchase application data for over 14 years, and 2025 is likely the most confusing year for market participants that I have ever experienced. After today’s report of 22% year-over-year growth, I feel compelled to try to make sense of the data. Let’s dig in. Purchase application data this week, and what it has looked like over the last 25 weeks Week-to-week growth: +3% Year-over-year growth: +22% 25 consecutive weeks of YoY growth 12 consecutive weeks of double-di

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Home prices hit all-time high, but more inventory cools price growth

Housing Wire

With all the doomsday soundbites about housing, it might be surprising to hear that home prices reached an all-time high today, according to the existing home sales report from the National Association of Realtors (NAR). On the bright side, inventory growth has increased in 2025, although this report showed a slight month-to-month decline. This growth in inventory has helped slow down the increase in home prices to just 2% year over year.

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6 Takeaways from Realtor.com’s 2025 Housing Forecast Update

BAM Media

BAM Key Details: Realtor.com’s 2025 Forecast Update projects home sales will fall to 4.00 million, down 1.5% from 2024 and marking the slowest pace since 1996. Inventory is up 16.9% year-over-year, and home prices are expected to rise just 2.5% as affordability challenges persist. Mortgage rates are forecast to average 6.7% for the year, a level that continues to strain buyer budgets and temper demand despite rising inventory.

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Why Lower and Movoto are doing it differently than Rocket-Redfin

Housing Wire

Rocket Companies ‘ $1.75 billion real estate splash with the acquisition of Redfin has generated tremendous buzz, but it’s not the only lender getting in on the home search and lead generation game. In mid-May, retail lender Lower announced its acquisition of top-five real estate portal Movoto from parent company OJO Labs. HousingWire recently sat down with Movoto CEO John Berkowitz , who is now the president of real estate at Lower, to discuss the acquisition as well as current tre

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Down Payment on a House: How Much Do You Really Need?

Redfin

Key takeaways for your down payment strategy 20% isn’t required: You don’t always need a 20% down payment to buy a home, thanks to various loan options. Better interest rates: A larger down payment on a house can lead to lower mortgage interest rates, saving you money over time. Faster equity: Putting more money down means you build equity in your home more quickly.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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12 open house scripts to impress buyers and win more clients

Housing Wire

Let’s be honest, real estate open houses can feel a little awkward if you’re not sure what to say. You’re juggling sign-ins, smiling on cue and trying to figure out whether the couple by the kitchen is just killing time or actually thinking about writing an offer. That’s where having a few go-to scripts in your back pocket will make all the difference.

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Is the Seller Responsible for Any Repairs After Closing?

Redfin

Wondering if a seller is responsible for issues found after closing a sale? The short answer is – no, the seller is not responsible for repairs after closing unless otherwise stated in the purchase agreement or if they failed to disclose a known issue. Once the home sale is finalized and ownership transfers, repair responsibilities typically shift entirely to the homebuyer.

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realMLS adds transparency platform Rayse as a member benefit

Housing Wire

Access to the real estate platform Rayse has been provided to all realMLS members at no additional cost. The platform, designed to improve transparency in real estate transactions, is now available through agents’ realMLS dashboards and at rayse.com/realmls. The rollout comes on the heels of a major platform update from Rayse, which recently added tools for home sellers.

MLS
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In San Francisco, 20% of Home Listings Are At Risk of Selling At a Loss

Redfin

The housing market has cooled, and San Francisco sellers are facing a new reality: less money for their homes In San Francisco, 20% of all listings are at risk of selling for less than homeowners bought them for. This is up from 17.8% last year and the largest share in the country among the top 50 metros. Nationally, just 6% of sellers are at risk of losing money on a sale.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Mortgage demand continues to outpace 2024

Housing Wire

Mortgage applications increased less than a full percentage point (0.8%) from the prior week, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending July 18, 2025. On an unadjusted basis, the index increased 1% compared with the previous week. The refinance index decreased 3% from the previous week, but remained 22% higher than the same week one year ago.

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In Austin, 14% of Home Listings Are At Risk of Selling At a Loss

Redfin

As Austin’s housing market freezes, sellers are facing a new reality: less money for their homes In Austin, 14% of all listings are at risk of selling for less than homeowners bought them for. This is double the 6% share last year and the second highest among the top 50 metros. Nationally, 6% of sellers are at risk of losing money on a sale. However, the share varies widely depending on when someone bought their home, with those buying more recently tending to be more at risk. 48% of sellers wh

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Mr. Cooper stays profitable despite major subservicing exit in Q2

Housing Wire

Mr. Cooper Group remained profitable across its mortgage origination and servicing businesses in the second quarter of 2025, despite the loss of a major subservicing client ahead of its pending acquisition by Rocket Companies. “The company is firing on all cylinders,” CEO Jay Bray said in a recorded earnings call. “This is a real achievement considering the difficult environment, with persistent high mortgage rates contributing to ongoing affordability challenges, sluggish home sales, and home p

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June 2025 Existing Home Sales: Affordability Continues to Hamper Buyers

Zillow Market Reports

June 2025 Existing Home Sales Fall In June Existing home sales fell 2.7% in June to a seasonally adjusted annual rate (SAAR) of 3.93 million. Sales were flat year–over-year, according to the National Association of Realtors (NAR). Total housing inventory at the end of June increased to 1.53 million units. That’s down 0.6% from May and 15.9% higher than a year ago.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Century 21 expands in Kansas

Housing Wire

Century 21 Real Estate has announced the affiliation of Monument Real Estate , a locally owned brokerage in Emporia, Kansas. The firm, founded in 2021 by broker-owner Christian Keisler, will now operate as Century 21 Monument Real Estate. Keisler, who entered the real estate industry in 2016 after a career in sales and marketing, has built a steady presence in the east-central Kansas market.

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The leadership playbook: Stay ahead in a fast-moving market

Inman

In hypercompetitive, low inventory markets, brokerage President Jack Gross writes, success boils down to a few key principles: innovation, adaptability, a return to fundamentals and a commitment to agent education.

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How a top LA agent is rebuilding her life after the fires — one reel at a time

Housing Wire

Are you afraid of “oversharing” on social media? It’s not just you. It’s why so many Realtors post nothing but market updates and store-brand-vanilla boring “JUST SOLD!!” posts. They know they’re leaving likes and leads on the table, but actually being themselves on their professional Instagram? They’d rather walk naked through Trader Joe’s.

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Can You Sell a House If You Are Behind on Payments? Learn Your Options.

Redfin

Yes, you can sell a house if you are behind on payments, but it’s important to act quickly and understand your options. Whether you’re facing temporary financial hardship or longer-term struggles, selling your home could help you avoid foreclosure and protect your credit. In this Redfin Real Estate article, we’ll explain how to sell a house when you’re behind on mortgage payments, your options, and what to watch out for during the process.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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When Is the Best Time to Sell a House in South Florida?

HomeLight

If you’re getting ready to sell a home in South Florida, you’re likely hoping for the best possible outcome — whether that means a faster sale or a higher price. Partnering with a skilled local agent and preparing your home are key steps, but timing your listing right can also make a big difference. To help you determine the best time to sell a house in South Florida, we spoke with Aleksandra Marzec , a top-rated agent who sells 66% more single-family homes than most agents in the area.

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In Dallas, 8% of Home Listings Are At Risk of Selling At a Loss

Redfin

The housing market has cooled, and Dallas sellers are facing a new reality: less money for their homes In Dallas, 8% of all listings are at risk of selling for less than homeowners bought them for. This is nearly triple the 2.8% share last year and one of the highest among the top 50 metros. Nationally, 6% of sellers are at risk of losing money on a sale.

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The deal doctor: How a Miami agent closes $25 million+ a year selling condos to plastic surgeons

Housing Wire

Struggling to find a lucrative niche this year? You’re not alone. With leads scarce and deals drying up, you’re probably considering niches you wouldn’t have touched with a ten-foot pole in 2021. Probate, divorce leads, short sales — everything is on the table when you have a mortgage to pay. Leads are leads, right? There’s just one problem: every agent in your office is in the same boat.

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In Tampa, 11% of Home Listings Are At Risk of Selling At a Loss

Redfin

Tampa’s housing market is cooling, and sellers are facing a new reality: less money for their homes In Tampa, 14% of all listings are at risk of selling for less than homeowners bought them for. This is more than triple the 3% share last year and the fourth highest among the top 50 metros. Nationally, 6% of sellers are at risk of losing money on a sale.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Existing-Home Sales Drop 2.7% Monthly as June Prices Are Highest Ever

RIS Media

After a jump in inventory with only a slight inch up of existing-home sales back in May, June saw existing-home sales and unsold inventory drop, per the latest report from the National Association of Realtors® (NAR). Existing-home sales have dropped month-over-month by 2.7%, or 3.93 million at a seasonally adjusted figure. Unsold inventory crept down… The post Existing-Home Sales Drop 2.7% Monthly as June Prices Are Highest Ever appeared first on RISMedia.

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In St. Louis, 10% of Home Listings Are At Risk of Selling At a Loss

Redfin

St. Louis’ housing market is active, but sellers are facing a growing reality: less money for their homes In St. Louis, 10% of all listings are at risk of selling for less than homeowners bought them for. This is an increase from the 8% share last year and the sixth highest among the top 50 metros. Nationally, 6% of sellers are at risk of losing money on a sale.

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The U.S. Foreclosure Map You Need To See

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