Housing Wire
JANUARY 9, 2025
Several fires burning more than 45 square miles in the Los Angeles area have forced more than 100,000 residents from their homes and killed five people, The Associated Press reported on Thursday. Nearly 2,000 homes, businesses and other structures have been destroyed, with many displaced residents scouting for rental properties and temporary shelter.
Inman
JANUARY 9, 2025
As wildfires burned through LA County over the past three days, thousands of people were suddenly in need of temporary housing. The surge in demand is poised to create a spike in rental prices, agents said.
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Housing Wire
JANUARY 9, 2025
This week, the Seattle City Council had its first meeting of 2025 and housing was a key topic of discussion. But if the meeting itself was any indication, determining a path forward for the citys severe housing shortage will be a struggle as elected leaders attempt to ascertain a sustainable plan for the next decade, according to reporting by The Seattle Times.
Inman
JANUARY 9, 2025
Chaos carried into the new year with the abrupt resignations of two past presidents. In response, 2025 President-Elect George Kypreos released a video addressing concerns with the association.
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 9, 2025
In 2024, more people moved out of Illinois than into the Prairie State. According to the National Movers Study conducted by United Van Lines , 60% of moves in Illinois last year were outbound, which was the second-highest percentage of outbound moves among all states. The most popular reasons for relocating out of state were family (cited by 25.9% of respondents), jobs (20.7%) and retirement (20.3%).
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 9, 2025
A startup that wants to help independent real estate agents and brokers manage the logistics of their business is getting a big boost. RLTYco, a New York-based company that provides services related to commissions, taxes and health care, has secured $20 million in Series A funding with the hope of providing real estate professionals access to their commissions in as little as 24 hours.
Inman
JANUARY 9, 2025
Find out how this Houston, Texas, Realtor puts her two decades of expertise to work for clients and for the agents she influences.
Housing Wire
JANUARY 9, 2025
In the years following the COVID-19 pandemic, home prices have steadily risen, although 2024 saw more stabilized levels of affordability across the nation. According to property data provider CoreLogic , 17 states posted new home-price records in November. CoreLogic released its November 2024 Home Price Index (HPI) and HPI forecast this week, which showed that U.S. single-family home prices increased by 3.4% year over year in November.
Inman
JANUARY 9, 2025
Hovan Property Group will shift from Berkshire Hathaway HomeServices Robert Paul Properties in Massachusetts, Rhode Island and Connecticut, where it currently holds active brokerage licenses.
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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 9, 2025
The Hooper commission lawsuit plaintiffs and the brokerage defendants that have reached proposed settlement agreements are looking to make things official. On Wednesday, the Hooper plaintiffs along with remaining defendants Mark Spain Real Estate , eXp World Holdings , Weichert of North America and Atlanta Communities Real Estate Brokerage filed a motion for preliminary approval of their settlements and preliminary certification of the settlement class.
Keeping Current Matters
JANUARY 9, 2025
Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.
Housing Wire
JANUARY 9, 2025
In a challenging and expensive housing market , some prospective homebuyers may compromise on certain standards and features to secure their purchase. But survey data released Thursday by Bright MLS found that some standards were top priorities for some buyers. The Maryland-headquartered MLS conducted a survey in mid-December that included 700 prospective homebuyers who were renting or living with others.
BAM Media
JANUARY 9, 2025
Youre an agent, so youve probably noticed: expired listings are way up. Like, skyrocketing. (At least, thats what Im seeing in my market!) This spike in expired listings is an incredible opportunity for agents who know how to connect with frustrated homeowners. And that starts with a simple letter. The Expired Listings Letter Every time I open Facebook, I see another success story in the Listing Leads Facebook group.
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.
Housing Wire
JANUARY 9, 2025
In the newest episode of the Top of Mind podcast , host Mike Simonsen , the founder and president of Altos Research , sits down for a conversation with Guy Berger, director of economic research at the The Burning Glass Institute. They explore the intersectionality of trends in the labor and housing markets. This conversation has been edited for length and clarity.
RIS Media
JANUARY 9, 2025
Home prices have seen a moderate month-over-month rise, accompanying a more pronounced year-over-year rise, according to the latest Home Price Insights (HPI) report from CoreLogic. The report states that home prices rose nationally from November 2023 to November 2024 at a rate of 3.4%. Month-over-month, home prices saw a 0.6% rise from October to November,… The post CoreLogic Indicates Continued Growth in Home Prices, Particularly in the Midwest appeared first on RISMedia.
Housing Wire
JANUARY 9, 2025
Mortgage verification services firm Xactus announced this week that it appointed Mike Brown, its former chief integration officer, as its new chief product officer. This hiring underscores the company’s commitment to technology and product innovation. Brown will oversee Xactus’ product life cycle from ideation and development to launch and implementation.
Inman
JANUARY 9, 2025
Attorneys for the DOJ's Antitrust Division on Wednesday submitted a request to provide an oral argument alongside REX, Zillow and NAR in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13.
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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.
Housing Wire
JANUARY 9, 2025
Many retirees have said they rely largely and sometimes entirely on Social Security benefits as their primary income stream in retirement. But in instances where these payments may not be enough to make ends meet, other options should be considered and in the right situation, a reverse mortgage could be one such option. That’s according to a column published this week by USA Today , which assessed reverse mortgages in tandem with options such as personal savings, a part-time job and oth
Real Estate News
JANUARY 9, 2025
Damage estimates are as high as $50 billion with thousands of properties destroyed, containment elusive and at least five people killed.
Housing Wire
JANUARY 9, 2025
Ridgeland Mortgage , a recently formed joint venture between loanDepot and homebuilder Smith Douglas Homes , on Thursday announced the appointment of Teresa Carlile as president. In her new role, Carlile will lead Ridgelands growth strategy and daily operations. Teresa is a trusted leader in the mortgage industry, and as our first key hire, shes an exceptional addition to the Ridgeland Mortgage team, Dan Pea, executive vice president of national joint ventures for loanDepot, said in a statement.
Calculated Risk Real Estate
JANUARY 9, 2025
Two years ago, I wrote The Housing Bubble and Mortgage Debt as a Percent of GDP. Here is an update to a couple of graphs. The bottom line remains the same: There will not be cascading price declines in this cycle due to distressed sales. In a 2005 post , I included a graph of household mortgage debt as a percent of GDP. Several readers asked if I could update the graph.
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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.
Housing Wire
JANUARY 9, 2025
According to BatchService and ResiClub Analytics , there were approximately 1.2 million pocket listings or off-market real estate sales in the United States in 2024, with the vast majority happening in Texas and Florida. Pocket listings are more common in some areas of the country than others, yet its important to be familiar with them no matter where youre located.
Real Estate News
JANUARY 9, 2025
The upstart brokerage offers both rev share and fee-based plans, which CEO Robert Palmer believes will be key to their growth. So far, it seems to be working.
Housing Wire
JANUARY 9, 2025
The Mortgage Firm , a Florida-based mortgage lender, has agreed to invest $1.5 million to settle a redlining case with the U.S. Department of Justice (DOJ), the parties announced Wednesday. The DOJ accused the company of discrimination against predominantly Black and Hispanic neighborhoods in the Miami-Fort Lauderdale-West Palm Beach metropolitan area.
Real Estate News
JANUARY 9, 2025
Weekly averages moved closer to 7%, but upcoming labor market reports could change the trajectory.
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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.
Housing Wire
JANUARY 9, 2025
In 2019, Chris A. Williams had a problem. He was working two jobs selling shoes at Foot Locker and cleaning cars at Enterprise but he wanted more out of life. He was 20 years old. He tried college, but like many young Americans today, he decided the math didnt work too much debt and too few opportunities. He considered the military but was tacitly rejected due to a heart murmur.
RIS Media
JANUARY 9, 2025
The number of U.S. households will grow over the next 10 years, but at a much slower pace than over the last 30 years. According to a new report from the Joint Center for Housing Studies (JCHS) of Harvard University, household growth is projected to increase by 8.6 million (or about 860,000 annually) between 2025… The post Household Growth to Slow in Coming Decades, Harvard Report Finds appeared first on RISMedia.
Housing Wire
JANUARY 9, 2025
The raucous drama surrounding Las Vegas Realtors (LVR) has claimed two board members. Last week, outgoing President Merri Perry and Joshua Campa, the president-elect who was scheduled to take her position, resigned from the LVR board of directors and its committees, the trade group announced last week on its website. The Las Vegas Review-Journal was first to report the developments.
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