Mon.Nov 18, 2024

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What to expect from the 2025 housing market

Housing Wire

What will the housing market look like in 2025? We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Last week, there were 9% more newly pending home sales than the same week a year ago and home sales are ticking down for the season.

Marketing 421
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Housing costs force Americans earning less than $50K to sacrifice

Inman

Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat.

Mortgages 179
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The next NAR scandal is here — and it’s about extravagant executive perks

Housing Wire

The National Association of Realtors (NAR) has spent much of the past few years having its dirty laundry aired across public domain and in courtrooms. Now a new report is taking aim at compensation for NAR executives. On Monday, The New York Times published an expose about the lavish perks enjoyed by NAR’s executives. Chief among them is the salary of former CEO Bob Goldberg, who earned $1.2 million per year that later ballooned to $2.6 million.

MLS 370
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NAR’s ‘lavish’ spending includes six-figure pay for volunteers

Real Estate News

Leaders spent thousands on Hamilton tickets and other luxuries with corporate credit cards, as former execs stayed on the payroll, The New York Times reported.

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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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VantageScore unveils mortgage resources to ease the transition to 4.0 credit model

Housing Wire

In preparation for widespread credit scoring changes , leading credit-score and data analytics company VantageScore has launched a Mortgage Resource Center to support lenders transitioning to the VantageScore 4.0 credit model. The new resource provides tools and guidance to facilitate integration and aligns with the growing adoption of VantageScore 4.0 by a number of industry players.

Mortgages 394

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FHFA to raise the 2025 multifamily loan caps for Fannie, Freddie by 4%

Housing Wire

The Federal Housing Finance Agency (FHFA) on Monday announced that it will raise the 2025 multifamily loan caps for purchases by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $73 billion each. This represents a total of $146 billion in multifamily market support for next year, an increase of more than 4% from 2024 levels.

Loans 431
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Don’t Let These Two Concerns Hold You Back from Selling Your House

Keeping Current Matters

If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market.

Marketing 319
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Cyberattack at AnnieMac affects 171,000 customers

Housing Wire

Add American Neighborhood Mortgage Acceptance Company LLC , doing business as AnnieMac, to the list of mortgage lenders that have recently suffered a data breach from a cyberattack. The company notified state authorities that it became aware of “suspicious activity” of certain systems within its network in August. After an investigation, it concluded that cybercriminals infiltrated its systems, potentially accessing and acquiring files containing sensitive personal information of 171,074 custom

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NAR’s Spending Exposed: Six-Figure “Volunteer” Perks

BAM Media

The New York Times isn’t finished with its investigative reports on the National Association of Realtors (NAR). Last year, journalist Debra Kamin exposed allegations of sexual harassment and a toxic work environment within NAR, amplifying widespread scrutiny at a time when NAR was already dealing with multiple lawsuits and an investigation with the DOJ.

MLS 122
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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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HUD looks to adopt industry standard URLA form for Title I loans

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) on Monday announced a proposal to shift its Title I home loan programs to the use of the Uniform Residential Loan Application (URLA) that would more closely align them with broader industry standards. The proposal, now available for review on HUD’s Single Family Drafting Table portal for proposed policies, will be available for comments from industry stakeholders through Dec. 18.

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Builders more optimistic about home sales post-election

Real Estate News

The construction industry expects the new administration to loosen regulations, which could boost sales, though other challenges remain.

Sales 284
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In states with the most agents and tough sales markets, savvy real estate pros turn to rentals for growth

Housing Wire

With U.S. inflation climbing to 2.6% in October—fueled by rising housing and insurance costs—and mortgage rates having edged back above 7%, homeownership remains a distant goal for many living in the U.S. For real estate agents, this economic reality can present both challenges and opportunities, and determine strategies in markets across the country.

Agents 384
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Trends 2025: 9 opportunities for brokers adapting to a new world

Real Estate News

In a changing industry, brokerages and agents cannot simply maintain old practices. Those who want to thrive must embrace new ways to evolve and improve.

Brokerage 263
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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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Michael Chew: Outsourcing can prepare originators for market changes in 2025

Housing Wire

In this HousingWire executive conversation, Michael Chew, Division President at Consolidated Analytics , discusses the viability of task outsourcing as a method for saving time and money for loan originators —especially in preparation for market surges and shifts. Chew stresses the importance of offloading repetitive tasks to experienced teams , removing the need for rushed hiring and subsequent delays.

Marketing 370
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King For A Day: What I Would Change On TRREB MLS

Toronto Realty Blog

TorontoRealtyBlog Do you like Green Day ? I do. More than a little, in fact. They’re my favourite band of all time. Now, surely that statement could result in some snap judgments on your part, depending on what you think of the band, the frontman, the genre, the style, or any of the songs or lyrics that stand out in your head. But I believe that so much of life and our personalities are shaped by early childhood experiences, and as many of you will undoubtedly relate to, this band came a

MLS 105
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Innovating to Meet the Evolving Needs of Clients

RIS Media

Above, Morgan Carey Real Estate Webmasters (REW) continues to lead the real estate technology space by consistently innovating and addressing the evolving needs of its clients. Staying true to this commitment, the company recently launched exciting updates to REW CRM—the most notable of which, according to REW CEO Morgan Carey, is the all-new Lead Details… The post Innovating to Meet the Evolving Needs of Clients appeared first on RISMedia.

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Updated PLG Row House With Striking Woodwork, Wall of Glass Asks $3.75 Million

Brownstoner

When pitching houses for sale over the week of Thanksgiving in 1897, an ad assured buyers considering Rutland Road that while they should observe the Thanksgiving Day presidential proclamation of thanks, it shouldn't stop them from taking a look at the modern houses on offer. Popping up just before the… Read More > The post Updated PLG Row House With Striking Woodwork, Wall of Glass Asks $3.75 Million appeared first on Brownstoner.

Sales 103
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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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Anthony Lamacchia and Leo Pareja Riff on Clear Cooperation, Compensation and Crushing It in Real Estate

RIS Media

BOSTON, MA—There are a few questions present at the forefront of REALTORS®’ minds as of late—Clear Cooperation, compensation, the DOJ investigation into NAR—but none as pressing as how to succeed in the new normal. Anthony Lamacchia—broker/owner and CEO of Lamacchia Companies—and eXp CEO Leo Pareja answered these burning questions during their “Crush It In Real… The post Anthony Lamacchia and Leo Pareja Riff on Clear Cooperation, Compensation and Crushing It in Real Estate appeared first o

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Residential Mortgages Experience Unchanged Lending Conditions, Weaker Demand in Third Quarter

Eye on Housing

Lending standards were essentially unchanged for all residential mortgage categories in the third quarter of 2024, except for Subprime loans, according to the Federal Reserve Board’s October 2024 Senior Loan Officer Opinion Survey (SLOOS). Demand for most residential mortgage loans remained weaker across all categories in the quarter. Lending conditions for commercial real estate (CRE) loans were.

Lending 105
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Homie: NAR created a ‘weapon’ that it used to block competition

Inman

In the latest filing in its quest for damages, Utah-based discount brokerage Homie asserted NAR, KW, RE/MAX and others created and enforced rules that amounted to an illegal conspiracy.

Brokerage 174
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3rd Look at Local Housing Markets in October

Calculated Risk Real Estate

From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.97 million in October , up 3.4% from September’s preliminary pace and up 3.1% from last October’s seasonally adjusted pace.

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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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NAR perks and lavish spending spotlight of New York Times report

Inman

Volunteer National Association of Realtors' leaders received perks and payment that lawyers say could run afoul of US tax laws, according to an investigation by the Times published on Monday.

MLS 167
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A Resilient Rental Market Shows Positive Signs For Next Year

Bigger Pockets

The newest Zillow Rental Market Report is out, and it’s showing ‘‘a softening of the rental market beyond regular seasonality.

Marketing 122
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3 simple strategies top producers are carrying into 2025

Inman

It’s time for real estate professionals to get serious about their 2025 business outlook, assessing which measures to build upon and which ones to leave behind.

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Builder Confidence Moves Higher as Election Uncertainty is Lifted

Eye on Housing

Builder sentiment improved for the third straight month, and builders expect market conditions will continue to improve with Republicans winning control of the White House and Congress. Builder confidence in the market for newly built single-family homes was 46 in November, up three points from October, according to the National Association of Home Builders (NAHB)/Wells.

As-is 116
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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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AnnieMac notifies more than 170K customers of data breach

Inman

National mortgage lender offering affected customers free credit monitoring and identity theft protection after hackers accessed Social Security numbers in August data breach.

Mortgages 167
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13 Real Estate “Hotspots” to Invest In (2025 Update)

Bigger Pockets

When you look at the “Hottest Real Estate Markets” lists from major publications, they often miss many crucial factors that truly make a market worth investing in.

Marketing 115
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The 3 housing regions blazing the most extraordinary paths: Intel

Inman

A sleeping giant that's righting the ship. A crown-jewel destination that's still in freefall. And a white-hot zone trapped in a low-inventory quagmire. These are the three strangest housing regions in the U.S. today.