Fri.May 09, 2025

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Some cities, states embrace property tax refunds for older homeowners

Housing Wire

Older homeowners living on a fixed income have a higher chance of seeing their finances destabilized by rising costs, and that can be particularly true of something like property taxes. For homeowners who have either a forward or reverse mortgage on their home, these costs also must be paid in order to keep the loan in good standing. But some states are embracing programs that allow for property tax refunds if a homeowner meets specific requirements.

Loans 350
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Why You’ll Want a Home Inspection

Keeping Current Matters

An inspection is your chance to avoid costly headaches and get peace of mind. Connect with an agent to talk about other ways to make your offer stand out.

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Los Angeles County event will assist reverse mortgage borrowers with wildfire recovery

Housing Wire

The communities engulfed in the Los Angeles -area wildfires continue to recover and pick up the pieces. And representatives of Los Angeles County have signaled they want to provide specific guidance for impacted reverse mortgage borrowers to navigate issues that arise with these loans in disaster areas. The countys Aging and Disabilities Department will host a special event on Saturday, May 10.

Mortgages 322
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Homes.com aims to one-up Zillow with listings ‘boost’

Real Estate News

In response to Zillows ban on publicly marketed but off-MLS properties, Homes.com will provide affected agents with free premium marketing for those listings.

MLS 261
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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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Deadline looms in Minnesota property tax forfeiture lawsuit

Housing Wire

Thousands of Minnesota residents who lost homes over property taxes may now be eligible for compensation, following a landmark U.S. Supreme Court ruling and a resulting $109 million class-action settlement fund. The case began with Geraldine Tyler, a 94-year-old Minneapolis woman who owed $15,000 in property taxes on her condominium. In response, Hennepin County, Minnesota, seized the property, sold it for $40,000 and kept the full amount leaving Tyler with nothing.

Equity 297

More Trending

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Homes.com to ‘Boost’ listings banned by Zillow, Redfin

Housing Wire

CoStar Group is using Boost, its new Homes.com marketing feature, in an attempt to counter the bans by Zillow and Redfin on listings that are publicly marketed prior to being entered into the MLS. On Thursday, CoStar Group CEO Andy Florance told Inman News that Boost will be free for listings impacted by the Zillow and Redfin bans. The firm unveiled Boost during its first-quarter 2025 earnings call with investors and analysts in late April.

MLS 368
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Anyone deftly bridges consumer experience gap: Tech Review

Inman

Anyone is a digital homebuying and selling solution for agents and consumers looking to improve the traditional sales experience.

Sales 136
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Illinois bill looks to enshrine CCP in state law

Housing Wire

While the real estate brokerage community battles it out over the National Association of Realtors (NAR) Clear Cooperation Policy (CCP), lawmakers in one state have taken things into their own hands. In early February, lawmakers in Illinois introduced a bill that seeks to make CCP a part of the states real estate licensing laws. Introduced by state Rep.

Brokerage 356
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Compass Posts Nearly 30% Jump in Revenue; Reffkin Doubles Down on Private Listings

RIS Media

Compass, Inc, the nation’s largest real estate brokerage by sales volume, reported its revenue hit $1.4 billion in the first quarter of 2025, a jump of 28.7% year-over-year, brokerage executives announced Thursday during its Q1 earnings call. The tech-focused brokerage said the positive revenue growth was driven by a 27.8% increase in transactions year-over-year despite… The post Compass Posts Nearly 30% Jump in Revenue; Reffkin Doubles Down on Private Listings appeared first on RISM

Brokerage 102
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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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Blend talks Rocket-Mr. Cooper deal, will exit title biz

Housing Wire

Blend Labs, Inc. reported its Q1 2025 earnings Thursday, touting a turnaround as its financial losses narrowed, deal pipeline strengthened and it landed major clients while sharpening its focus to become “software-first.” SEC filings show that Blend’s platform revenue for the first quarter came in at $26.8 million, nearly all of which was from its software platform business ($24.3 million).

Title 353
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How empowerment builds profitable, culture-first brokerages

Inman

Treat real estate agents right, broker-owner Michelle Valverde writes, and results will follow, including brokerage growth and resilience.

Brokerage 106
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eXp Realty launches land and ranch division

Housing Wire

eXp Realty has launched a new land and ranch division to serve real estate agents who specialize in rural , agricultural and recreational properties, the company announced this week. The new division is designed to support agents working in a growing sector of the housing market with tools tailored to land and ranch transactions. Our launch of the Land & Ranch Division is yet another example of how eXp continues to redefine real estate around the agent, said Leo Pareja , CEO of eXp Realty.

Land 305
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Blend seeks to sell Title365 as mortgage revenue shrinks in Q1

Inman

Blend posted a $9.4 million loss in the first quarter as the slow pace of home sales pulled revenue from its mortgage software suite down 22 percent from Q4. Its consumer banking suite brought in $9.6 million.

Mortgages 100
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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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Smarter leads, lower costs: Agentic AI’s impact on loan officer efficiency

Housing Wire

The expense associated with originating mortgage loans has been escalating, with the current average cost approximating $11,600 per loan. A substantial component of this expense is attributed to Loan Officer Compensation (LO Comp), which typically constitutes 1% to 2% of the loan amount and represents nearly half of the total origination cost. This heightened compensation framework is primarily propelled by the considerable cost of lead acquisition, further aggravated by the lower conversion rat

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Create blockbuster listing videos with this AI stack for under $100

Inman

Forget fancy cameras, Drew Thompson writes. Real estate videos that sell are about connection. This AI stack turns photos and your voice into an emotional engine that makes buyers need the keys.

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Washington’s ‘upzoning’ law seeks to expand supply as Seattle home prices soar

Housing Wire

A new law going into effect this summer in Washington aims to address the states housing supply woes. The legislation lifts zoning restrictions to allow for more multifamily development and comes as the median single-family home price in the Seattle area set a new record by exceeding $1 million. H.B. 1110 was passed in 2023 and seeks to increase middle housing in areas traditionally dedicated to single-family detached housing, according to the language of the bill.

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Rocket Talks Mr. Cooper and Redfin Deals, Touts AI on Earnings

RIS Media

Rocket Companies, ahead of the completed acquisition of Mr. Cooper and the deal to purchase Redfin, continued to see high revenues and other success in its recent Q1 2025 earnings call. The company reported a Q1 adjusted revenue of $1.3 billion, which executives said came in at the high end of our guidance range. This… The post Rocket Talks Mr.

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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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Bjarke Ingels’ Wild Design for Gowanus Site Unlikely to Be Built by New Owners

Brownstoner

An attention-grabbing design by prominent Brooklyn architecture firm Bjarke Ingels Group, or BIG, for a parking lot on the corner of 3rd Avenue and 3rd Street in Gowanus seems unlikely to move forward now that the property has changed hands. While the new owners declined to comment specifically on their plans… Read More > The post Bjarke Ingels’ Wild Design for Gowanus Site Unlikely to Be Built by New Owners appeared first on Brownstoner.

Design 79
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CoStar Snatches Up Another Residential Portal, Faces Familiar Rival

RIS Media

CoStar is significantly expanding its international footprint with an acquisition of the Australian portal Domain, one of the largest real estate consumer websites down under, according to regulatory filings yesterday. The deal was previously proposed months ago, with CoStar Group CEO Andy Florance telling investors earlier this year his company could bolster Domain to compete… The post CoStar Snatches Up Another Residential Portal, Faces Familiar Rival appeared first on RISMedia.

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A Prospect Lefferts Gardens Row House and More to See, Starting at $1.4 million

Brownstoner

Our picks for open houses to check out this weekend are found in Brooklyn Heights, Prospect Lefferts Gardens, West Midwood, and Bay Ridge. They range in price from $1.4 million to $16 million. 25 Grace Court Price: $16 million Area: Brooklyn Heights Broker: Serhant (Brandon Bogard) Sunday May 11, 12-1:30 p.m. See it here -> 62… Read More > The post A Prospect Lefferts Gardens Row House and More to See, Starting at $1.4 million appeared first on Brownstoner.

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Mortgage Mix: Rocket’s Acquisition of Redfin Hits Bump; United Posts Loss

RIS Media

Editors Note: The Mortgage Mix is RISMedias biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Rocket, parent company of Rocket Mortgage, has seen a bump in the road to its planned acquisition of brokerage, portal giant and mortgage originator Redfin. Bruce Miller, an investor at Redfin, is suing to… The post Mortgage Mix: Rocket’s Acquisition of Redfin Hits Bump; United Posts Loss appeared first on RISMedia.

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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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[New Study] Emergency Sewer Repairs Cost $671 on Average—Tips to Help You Avoid that…or Worse

Lighter Side of Real Estate

Homeownership has a long list of benefits that renting simply cant match. For one, its an investment in your future. Every mortgage payment you make helps build equitysomething no rent check will ever do. Theres also the pride of ownership, the freedom to customize your space however you like, potential tax benefits, and a sense of long-term stability that renting often lacks.

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Home Equity Dips in Q1, but Remains Near Historic High

RIS Media

According to ATTOM Datas first quarter 2025 U.S. Home Equity & Underwater Report, while 46.2% of mortgaged residential properties in the country were considered equity-rich in the first quarter of the yeardown from 47.7% in Q4 202447 states experienced a slight drop in the proportion of equity-rich properties (properties that have a loan balance not… The post Home Equity Dips in Q1, but Remains Near Historic High appeared first on RISMedia.

Equity 71
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The Best AI Tools for Real Estate Agents (And Exactly When to Use Each One)

BAM Media

There are more AI tools on the market than any one agent could possibly keep up with. Every day, theres a new app, extension, or model promising to help you write better copy, generate leads, or run your business faster. And while some of these tools are legit game-changers, others are just hype wrapped in buzzwords. So the question isnt whether you should use AI.

Agents 64
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Part 1: Current State of the Housing Market; Overview for mid-May 2025

Calculated Risk Real Estate

This 2-part overview for mid-May provides a snapshot of the current housing market. Right now, the key story for existing homes is that inventory is increasing sharply, and sales are essentially flat compared to last year. That means prices will be under pressure (although there will not be a huge wave of distressed sales). Yesterday, Realtor.com reported that there were “ more than 1 million homes for sale last week, crossing this threshold for the first time since December 2019” Ne

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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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Is It Harder to Buy a House Now Than 50 Years Ago?

Marco Santarelli

I often find myself thinking about how different things are now compared to when my parents, or even grandparents, were starting out. One thing that always pops into my head is buying a house. It feels like such a huge mountain to climb these days. So, is it just me, or is it actually harder to buy a house now than 50 years ago ? Well, let me tell you, looking at the numbers and thinking about my own experiences and what I see around me, it really does seem like getting those keys is a much bigg

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This AI Prompt Gives Agents 20 Scroll-Stopping YouTube Video Titles

BAM Media

Real estate content isnt just about showing homes. Its about owning the conversation in your market. And YouTube is the standout platform agents are using to build authority, generate leads, and stand out from the Zillow noise. Of course, posting listing tours alone wont get you there. You need emotionally charged, click-worthy content that feels local and hits hard.

Title 59
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PropStream to Exhibit and Speak at 2025 InvestHER Conference

RIS Media

Real estate data platform PropStream has has announced its participation in the upcoming InvestHER Conference, taking place June 13 in Orlando, Florida. InvestHER Con is an event tailored for women investors. It offers hands-on education, strategy sessions and mindset coaching in a supportive and empowering environment, a press release stated. Contributing as a speaker and… The post PropStream to Exhibit and Speak at 2025 InvestHER Conference appeared first on RISMedia.