Housing Wire
JANUARY 31, 2025
PennyMac Financial Services Inc. reported Thursday that it earned $104.5 million in net income during the fourth quarter of 2024 on revenue of $470.1 million. It’s an about-face for PennyMac after it posted a net loss of $36.8 million in Q4 2023. For 2024 as a whole, the California -based lender earned a profit of $311.4 million, up from $144.7 million in 2023.
Inman
JANUARY 31, 2025
The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors.
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Housing Wire
JANUARY 31, 2025
The title entity of Planet Financial Group has a new leader. On Thursday, Planet announced the hiring of Ken Quantie as its new senior vice president of KeyLink Title. In this role, Quantie will work to expand KeyLinks residential and commercial title offerings, making them available to outside financial services entities by the end of first-quarter 2025.
Inman
JANUARY 31, 2025
AI disruptors, evolving social media algorithms and new content formats are changing real estate marketing. Jessi Healey breaks down the latest trends and how agents can adapt to stay ahead.
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
Housing Wire
JANUARY 31, 2025
A key homelessness report issued every year by the U.S. Department of Housing and Urban Development (HUD) could be muddied by city ordinances and state law in Florida banning public sleeping and camping, according to a local official with a federally funded homelessness agency. The Point-in-Time (PIT) count is a count of sheltered and unsheltered people experiencing homelessness on a single night in January, HUD says on its website detailing the program.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 31, 2025
I was 19, tired of long hours at Beau Jos Pizza, and ready to invest in my future. Thats when I came across a real estate investment series on VHS by Carlton Sheets (remember VHS?). Little did I know this class would change the entire trajectory of my life. It inspired me to get my real estate license and pursue a career in real estate. Just a few years later, I was breaking sales records, and at age 27, I was on the cover of Realtor Magazines 30 Under 30.
Inman
JANUARY 31, 2025
Partnerships with real estate agents and builders laid the groundwork for the foray into Florida, Georgia, North Carolina, South Carolina and Tennessee led by former Guild Mortgage exec John Porath.
Housing Wire
JANUARY 31, 2025
Evergreen Home Loans , which is based in Washington state and has a presence in seven Western states, announced a major expansion of its footprint on Friday. The company has also hired John Porath as its new regional manager to oversee business in Florida , Georgia , North Carolina, South Carolina and Tennessee. “I’m thrilled to have someone as talented as John leading our new Southeast Region,” Robert Lipston, executive vice president for Evergreen Home Loans, said in a statem
Keeping Current Matters
JANUARY 31, 2025
Are you torn between whether to buy a home now or wait? Consider this.
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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.
Housing Wire
JANUARY 31, 2025
An aging-in-place technology platform recently secured a $35 million funding round, which it hopes to use to expand its existing partnership portfolio while also aiming to enter the Medicaid market. The Helper Bees is a platform that connects older adults to a network of non-medical products and services, according to the company. It is designed to make it easier for payers to offer these essential services directly into the home addressing critical needs such as in-home caregiving, home modifi
RIS Media
JANUARY 31, 2025
The Federal Reserve declined to cut interest rates any further at its latest meetingand the Feds preferred inflation metric now shows that the goal of 2% annual inflation remains elusive. In the latest monthly Personal Consumption Expenditures (PCE) report compiled by the Bureau of Economic Analysis, monthly inflation in the PCE price index (tracking costs… The post Fed’s Preferred Inflation Gauge Rose Again at the End of 2024 appeared first on RISMedia.
Housing Wire
JANUARY 31, 2025
A group of state representatives in Hawaii have introduced a new bill into the legislature, calling for the establishment of a state-specific Home Equity Conversion Mortgage ( HECM ) program to be managed by the Hawaii Housing Finance and Development Corp. (HFDC). This is according to the text of the bill reviewed by HousingWire s Reverse Mortgage Daily (RMD), and a notice sent to National Reverse Mortgage Lenders Association (NRMLA) members.
Real Estate News
JANUARY 31, 2025
Court documents lay out the details of the landmark Sitzer/Burnett settlement, including whos in (covered parties and opt-ins) and sellers who opted out.
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.
HomeLight
JANUARY 31, 2025
Fixed-rate mortgages are the most popular mortgages on the market, but they may not be right for every homebuyer in every situation. Adjustable-rate mortgage loans (ARMs) offer options for borrowers who would benefit from a different approach to financing their mortgage due to specific life events or financial situations. Dont jump into an adjustable-rate loan without doing a deep dive into the intricacies of this loan product.
Real Estate News
JANUARY 31, 2025
The CEO of the Austin-based multiple listing service wants subscribers to know we value the ability for them to choose whats best for their business.
Calculated Risk Real Estate
JANUARY 31, 2025
Note: The Freddie Mac index is a repeat sales index using only loans purchased by Fannie and Freddie and includes appraisals. See FAQs here. Freddie has data for all states and many cities. For house prices, I’m currently following Case-Shiller, FHFA, CoreLogic, ICE, the NAR median prices, and this Freddie Mac index. Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.54% month-over-month on a seasonally adjusted (SA) basis in December.
RIS Media
JANUARY 31, 2025
A new report from ATTOM Data shows that equity-rich locales remain concentrated in certain areas, with at least half of all homes with a mortgage considered equity rich located in more than 40% of U.S. zip codes. A mortgage is considered equity-rich if the remaining loan balance equals half the property value or less. A… The post Report Shows Equity-Rich Locations Are Saturated Throughout Much of the U.S. appeared first on RISMedia.
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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.
Inman
JANUARY 31, 2025
Learn the social media secrets of Omer Reshid, a powerhouse real estate pro and social media expert who shares his insights with Real's Jimmy Burgess.
RIS Media
JANUARY 31, 2025
RISMedia, the leading information and news provider for the residential real estate industry, has announced its 2025 class of more than 300 Real Estate Newsmakers. Hailing from across the U.S., RISMedia’s eighth annual Newsmaker honorees represent those who made headlines for their commitment and contributions to the real estate industry in 2024, going the extra… The post RISMedia Announces 2025 Real Estate Newsmakers & Hall of Fame Inductees appeared first on RISMedia.
Brownstoner
JANUARY 31, 2025
In the News Subprime Mortgages Destroyed Them. Who Paid the Price? [NYT] Pothole No. 500,000 Has Been Filled [NYT] 15-Year-Old Is Killed in Shooting at East Flatbush Complex [NYT] E-Bike Sparks Third Fire in Three Years at NYPDs Red Hook Pound [BP] Nonprofit Working to Bring Business Back to Brownsville [CBS] Casa Ora Family Opens… Read More > The post Daily Links: New Listening Bar From Cafe Erzulie Team Opens in Bushwick appeared first on Brownstoner.
RIS Media
JANUARY 31, 2025
Pillar To Post Home Inspectors has released a year-end recap of its 2024 strategic franchise developments, industry accolades and key additions to its team. Strategic expansion driving growth In 2024, Pillar To Post announced 15 new franchise signings and four resales. The company stated its growth strategy supports its continued strength in keeping territories intact… The post Pillar To Post Caps a Year of Accolades and Growth appeared first on RISMedia.
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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.
Inman
JANUARY 31, 2025
Led by Tony and Brooke Clement or RE/MAX Properties and Scott and Traci O'Connor of RE/MAX Advantage, the newly combined firm brings over 65 years of real estate expertise.
RIS Media
JANUARY 31, 2025
Canopy MLS has announced it will enhance its subscribers access to rental tools through the latest integration of Rental Beast and OneHome™ This integration embeds Rental Beasts Apply Now application and tenant screening tool into OneHome™, CoreLogics client collaboration platform, providing Canopy MLS subscribers with expanded tools for managing rental transactions, including: Faster rental applications:… The post Canopy MLS Enhances Rental Tools With Industry Partnerships a
Brownstoner
JANUARY 31, 2025
Our picks for open houses to check out this weekend are found in Windsor Terrace, West Midwood, and East Flatbush. They range in price from $825,000 to $2.75 million. 247 Windsor Place Price: $2.75 million Area: Windsor Terrace Broker: Corcoran (Alison McQueen) Sunday February 2, 12:30-2p.m. See it here -> 686 Rugby Road Price: $1,599,999 Area: West Midwood Broker:… Read More > The post A Renovated Windsor Terrace Row House and More to See, Starting at $825,000 appeared first on Br
RIS Media
JANUARY 31, 2025
Editors Note: The Mortgage Mix is RISMedias biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Eleventh Circuit vacates one-to-one consent rule on robocalls This past week in a robocalls case, Insurance Marketing Coalition Limited (IMC) v. Federal Communications Commission (FCC), the U.S.
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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.
BAM Media
JANUARY 31, 2025
Start the year off right with BAM Pro Bowl 2025the Super Bowl of Real Estate Knowledge. Join us for two hours of exclusive real estate content wrapped in nonstop entertainment on February 5th at 12 PM EST. Its also free (though it shouldnt be). Secure your spot now! For many, owning a home is an essential part of the American Dream. Younger generation buyers, in particular, still see buying a home as one of their life goals.
Marco Santarelli
JANUARY 31, 2025
The January 2025 Federal Reserve meeting had a significant impact on mortgage rates, though not in the way many might have expected. The Fed decided to hold interest rates steady , which led to a slight increase in mortgage rates due to market uncertainty about the economic outlook. This decision, while seemingly simple, is actually a result of complex economic factors and signals a cautious approach to monetary policy.
Brownstoner
JANUARY 31, 2025
A popular Prospect Lefferts Gardens pizzeria served its last slices Tuesday, leaving loyal customers stunned after its landlord reportedly ordered it and neighboring businesses to vacate by the end of the month. Mikes Pizza, a neighborhood staple at the corner of Bedford and Clarkson avenues, is one of eight businesses on… Read More > The post Swath of PLG Businesses Ordered to Vacate Amid Rumors of New Development appeared first on Brownstoner.
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