Tue.May 06, 2025

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eXp posts steady Q1 earnings, reinforces Clear Cooperation stance

Housing Wire

eXp World Holdings , the parent company of eXp Realty , reported first-quarter 2025 earnings on Tuesday that highlighted modest growth in revenue, an assertive stance on real estate listing transparency and investments in artificial intelligence (AI). The company reported revenue of $954.9 million for the quarter, an increase of 1% year over year. Adjusted EBITDA was $2.2 million.

Brokerage 393
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Stocks May Be Volatile, but Home Values Aren’t

Keeping Current Matters

With all the uncertainty in the economy, the stock market has been bouncing around more than usual.

Marketing 244
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Your voice matters: Shape the future of real estate in your community

Housing Wire

The real estate industry is facing another change. This isnt the first time, and it wont be the last. In 1908, agents formed the National Association of Real Estate Exchanges, a precursor to the National Association of REALTORS ( NAR ). They soon formalized a code of ethics and operating policies. Written agreements became commonplace. Today, these are known as an Exclusive Right To Sell or a Listing Agreement.

MLS 366
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Redfin losses rise ahead of Rocket acquisition

Real Estate News

Despite declines in key metrics, Redfin CEO Glenn Kelman was upbeat, saying employees were over the moon about Rocket's vision of a home-ownership platform.

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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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Bring your borrowers home: How speed and simplicity will win the next refinance wave

Housing Wire

Refinancing activity is primed for a surge but not the way weve seen in the past. It used to be that when rates dropped, demand would stay high for weeks or even months. Lenders had time to scale up operations and ride the wave. Now, demand comes in short, sharp bursts, triggered by even the slightest rate drops. Take April 2025 for example. Mortgage rates briefly fell to 6.61%, their lowest point since October 2024.

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Refinance closing costs vary sharply by state

Housing Wire

The average closing costs for a refinance mortgage in the U.S. totaled $2,403 last year, or about 0.72% of the loan amount, according to a new report from LodeStar Software Solutions. The findings mark the companys first analysis of refinance -specific closing costs. Closing fees ranged widely by location and are influenced largely by state and local taxes.

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Lesson Learned: Real estate is about playing the long game

Inman

Find out what Connecticut Realtor Libby McKinney-Tritschler has learned during her two-decade career and what advice she'd offer new agents just starting out.

Agents 157
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Lower rates spur refis at UWM, hit MSR valuations in Q1

Housing Wire

United Wholesale Mortgage (UWM), the largest originator in America, produced $32.4 billion in mortgages in the first quarter of 2025, capitalizing on a brief decline in interest rates that spurred a wave of refinance activity. This production volume represents a 17% increase compared to the same period last year, and UWM expects even stronger results in the current quarter.

Principal 317
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Aggravated agents? The problem isn’t the market (it’s you)

Inman

Many agents lack structure and support, branding expert Alyssa Stalker writes, but what they need is real business mentorship, repeatable systems, ongoing marketing education and a sense of community.

Agents 158
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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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HOME announces the first shoe designed for mortgage women

Housing Wire

The Hispanic Organization of Mortgage Experts (HOME) on Tuesday announced the launch of La Reina, the first-ever shoe created for women in mortgage. La Reina, which is Spanish for “the Queen,” was designed in partnership with AliveShoes and manufactured in Le Marche, Italy. Nicole Yelland, HOME’s chief communications and strategy officer, told HousingWire that the shoe pays homage to women in the mortgage industry who often have to resort to heels at business events. “We

Design 338
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United Wholesale Mortgage CEO Responds to Rocket-Redfin Merger, GSE Privatization

RIS Media

United Wholesale Mortgage (UWM), the nations largest mortgage originator, closed $32.4 billion in loan originations in the first quarter of 2025, up 17% from $27.6 billion during the same period a year ago, according to the companys first quarter 2025 earnings report. While UWM (NYSE: UWMC) saw positive annual gains in loan originations, the lender… The post United Wholesale Mortgage CEO Responds to Rocket-Redfin Merger, GSE Privatization appeared first on RISMedia.

Mortgages 104
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The coming mortgage boom: Why the right kind of AI will define the next era

Housing Wire

Why AI in mortgage lending needs a smarter narrative Theres no denying it, artificial intelligence (AI) has stormed into the mortgage industry in a variety of formats helping brokers and lenders create efficiencies, save time, and close more deals. From ChatGPT-powered marketing assistants to chatbot-driven customer support, generative AI has been the center of the conversation.

Mortgages 243
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10 ways for new agents to grab market share this spring

Inman

You dont need 10 years in the business to make an impact this spring, coach Darryl Davis writes. You need 10 moves done with consistency, creativity and a willingness to learn as you go.

Agents 114
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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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FTC investigates the Zillow-Redfin multifamily rentals deal: reports

Housing Wire

Redfin has not been shy about generating headlines in 2025. Much of the attention has been focused on the deal with Rocket , but that’s not necessarily the deal federal regulators have their eye on. According to an article published by The Capitol Forum late last week, the Federal Trade Commission (FTC) is investigating Redfins deal with Zillow to make Zillow the exclusive provider of multifamily listings on Redfin , Rent.com and ApartmentGuide.com.

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Boerum Hill Parking Lot to Become Affordable Senior Housing

Brownstoner

A city-owned parking lot in Boerum Hill will become permanently affordable rent-stabilized senior housing, a much needed rarity in the area. The lot, located at 108-114 3rd Avenue between Bergen and Wyckoff streets, will be developed with 68 units. The new mixed-use building, dubbed the Third Act Apartments, will also include… Read More > The post Boerum Hill Parking Lot to Become Affordable Senior Housing appeared first on Brownstoner.

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May Demo Day: Cotality

Housing Wire

Cotality Cotality product experts will demonstrate the capabilities of our revolutionary Araya smart data platform. Araya blends extensive data repositories with CoreAI-powered analytics and predictive models, providing a comprehensive view of the property ecosystem within a single interface. We will show you how Araya can be your one-stop access to best-in-class, comprehensive property information and analytics that are critical to everyday decision making.

Mortgages 260
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Glimpse Inside Brooklyn Architectural Treasures at Sacred Sites Weekend

Brownstoner

If you have ever wondered what is behind the intriguing facade of some of New York's houses of worship, the 15th annual Sacred Sites Open House will provide an opportunity to investigate. The annual celebration of architecture organized by the New York Landmark Conservancy promotes open houses, tours, performances, and special… Read More > The post Glimpse Inside Brooklyn Architectural Treasures at Sacred Sites Weekend appeared first on Brownstoner.

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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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May Demo Day: Blend Rapid Refi by Blend

Housing Wire

Blend Rapid Refi Reimagine the mortgage experience with unparalleled personalization, automation, and a connected, data-driven origination workflow. Rapid Refi supports lenders retention and recapture opportunities, driving higher conversions while minimizing loan unit cost economics.

Loans 260
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How a summer job in the ’70s launched my real estate career

Inman

Find out how Ranelle Birmingham got her start in the industry through a summer job at her father's Louisiana real estate company.

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May Demo Day: Touchless Lending® Experiences by Tavant

Housing Wire

Touchless Lending Experiences The Tavant AI powered Touchless Lending platform offers a comprehensive solution that seamlessly supports both loan origination and servicing. As the all-in-one platform, it accompanies borrowers throughout their entire homeownership journeyfrom the initial contemplation of purchasing a home to the final mortgage payoff, and even beyond.

Lending 221
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Asking Rents Mostly Unchanged Year-over-year

Calculated Risk Real Estate

Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market. Slower household formation and increased supply (more multi-family completions) has kept asking rents under pressure. More recently, immigration policy has become a negative for rentals. Apartment List: Asking Rent Growth -0.3% Year-over-year From ApartmentList.com: Apartment List National Rent Report Rents are up 0.5% month-over-month, down 0.3% year-over-year Welcome to the May 20

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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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May Demo Day: MCP Essentials by Mortgage Cadence

Housing Wire

MCP Essentials MCP Essentials is a self-service digital mortgage solution designed for speed, simplicity, and scalability. Built on the Mortgage Cadence Platform, it offers automation, analytics, integrations, and digital closingsempowering lenders to launch quickly, operate efficiently, and deliver a modern borrower experience without enterprise-level administration or customization.

Mortgages 221
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True Leadership Begins With Taking Care of Others

RIS Media

Above: Jason Posnick Jason Posnick Sales Manager Lamacchia Realty, Inc. Waltham, Massachusetts [link] Region served: New England and Florida Years in real estate: 9 Favorite part of your job: Inspiring people What is the most effective way to implement coaching and mentoring within a brokerage company? The only way to successfully implement coaching and mentoring… The post True Leadership Begins With Taking Care of Others appeared first on RISMedia.

Brokerage 105
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May Demo Day: Outamate Mods™ by Outamation

Housing Wire

Outamate Mods Outamate Mods is a powerful modular platform that simplifies the entire loan modification processfrom decision-making to document generation, fulfillment and recording. Whether you use the full solution or individual modules, it saves time, ensures compliance, and enhances the borrower experience. Powered by practical and compliant AI, Outamate Mods delivers unmatched efficiency, accuracy, and peace of mind.

Loans 210
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Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Prospect Lefferts Gardens, Bed Stuy, Red Hook, and Windsor Terrace. How did they fare? First up, in the Fort Greene Historic District this Italianate is set up as a three-family with a… Read More > The post Brooklyn Real Estate Listings Six Months Later: Two Sold, One in Contract appeared first on Brownstoner.

As-is 102
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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May Demo Day: Scaleflex VXP by Scaleflex

Housing Wire

Scaleflex VXP The Visual Experience Platform (VXP) is an all-in-one suite to store, organize, automate, share, optimize and distribute your assets. It values the entire lifecycle of digital assets. From tagging and classification to moderation, collaboration, optimization, and distribution, the VXP addresses all needs with its four composable modules.

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Daily Links: Fort Greene Armory Affordable Rentals to Become Condos

Brownstoner

In the News New York May Weaken Its Oversight Over Religious Schools [NYT] Who Would Steal NYCs Pigeons? Mother Pigeon Thought She Knew [NYT] Deep in the Subway Station, Reporters Find Century-Old System [NYT] Five Boro Bike Tour Takes Thousands Through Citys Main Streets [NYP] Old School Vibes, Killer Menu Bring JR & Son Back… Read More > The post Daily Links: Fort Greene Armory Affordable Rentals to Become Condos appeared first on Brownstoner.

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Pulte: North Korean and Chinese nationals working at GSEs referred to DOJ

Housing Wire

Bill Pulte, the director of the Federal Housing Finance Agency (FHFA) and chair of the boards at Fannie Mae and Freddie Mac , said in an interview on Tuesday that a handful of employees at the government-sponsored enterprises (GSEs) who are from U.S. geopolitical foes China and North Korea have been referred to the U.S. Department of Justice (DOJ). Pulte was interviewed by Bloomberg TV at The Milken Institute Global Conference.

Finance 329