Mon.Apr 28, 2025

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Foreclosure auctions rise in Q1 after VA moratorium expires

Housing Wire

Foreclosure auction activity across the U.S. rose to a six-quarter high during the first three months of 2025, fueled by a surge in properties that hit the market after the expiration of post-pandemic protections, according to a report from Auction.com. Completed foreclosure auctions were up 20% from the previous quarter and up 4% from a year earlier, despite some mid-quarter softening.

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Should You Convert Your Primary Home Into a Rental Property?

AAOA

If you’re considering moving to a new home but aren’t ready to part with your current one, you might be asking yourself: should I turn my primary residence into a rental property? The answer depends on your financial goals, the local rental market, and how comfortable you are with being a landlord. But in many cases, this move can be an incredibly smart financial strategy.

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FHA walks back Biden-era restrictions on foreclosed property sales

Housing Wire

In walking back policies designed to boost participation in foreclosed property sales for nonprofit and government bodies, the Federal Housing Administration (FHA) said that policies put in place in 2022 that restrict certain sales to these entities for a 30-day period have produced mixed results at best and will now be rescinded. Mortgagee Letter (ML) 2022-01 expanded the exclusive listing period for U.S.

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Final Look at Local Housing Markets in March and a Look Ahead to April Sales

Calculated Risk Real Estate

After the National Association of Realtors® (NAR) releases the monthly existing home sales report , I pick up additional local market data that is reported after the NAR. This is the final look at local markets in March. The big story for March was that existing home sales decreased year-over-year (YoY) for the 2nd consecutive month following four consecutive months with a year-over-year increase.

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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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Rocket-Redfin deal sparks uncertainty over Bay Equity’s future

Housing Wire

Over a month after Rocket Companies announced its $1.75 billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. While the companies remain quiet on their plans, some Bay Equity employees arent waiting for answerstheyre already looking for new jobs.

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Peeking into Pennymac’s ‘aggressive’ goal to double broker market share by 2026

Housing Wire

During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 a goal of more than 100% growth over the next 18 months. The California-headquartered company’s broker market share currently sits at 4.8%, according to Kim Nichols , Pennymac’s chief third-party origination produ

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7 YouTube Strategies from Jimmy Burgess that Agents Need to Know

BAM Media

At BAMfest, Jimmy Burgess didnt just talk about YouTube strategieshe gave a blueprint for long-term, repeatable real estate success. As a real estate agent, coach and team builder with Real Brokerage, Jimmy isnt theorizing. Hes applying these systems with his own team, generating measurable results. From personal experimentation to high-performing case studies, here are seven actionable takeaways that could change the way you grow your business.

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A frictionless mobile mortgage experience doesn’t require an app

Housing Wire

In the race to create a convenient, modern borrowing experience, many lenders have seized on native mobile apps as the next big thing in mortgage origination. At first glance, the appeal is obvious: an app can live right on a borrowers phone, promise to save their progress, and provide a sleek, branded interface. Yet, in practice, lenders tell us that only about 20 percent of borrowers take that route when given the choice.

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Executing 1031 Exchange for Multifamily Investment Success

AAOA

When executing a1031 exchangefor multifamily investment success, meticulous planning is essential. Guarantee IRS compliance, involve aQualified Intermediary, and meet strict timelines. Selectreplacement propertieswisely to maximizetax deferraland returns. Verify like-kind status, match or exceed relinquished property value, and hold for business or investment.

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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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Longbridge’s Melissa Macerato on the impact of new proprietary product

Housing Wire

Its a busy time to be in the proprietary reverse mortgage space, with new and relaunched products hitting the market and other additional features being added to existing product catalogs. Earlier this month, Longbridge Financial announced the addition of Platinum Peak , a new variation of its private fixed-rate reverse mortgage offering. The Platinum Peak product aims to offer higher available loan-to-value (LTV) ratios, which are designed to translate into higher loan proceeds for borrowers, t

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Are Services the Next Must-Have Multifamily Amenity?

AAOA

In the changing multifamily landscape, resident expectations are shifting from traditional amenities such as pools and fitness centers to comprehensive service offerings that enhance convenience and quality of life. This trend reflects a broader changein what renters prioritize, with services such as move-in assistance, on-demand cleaning and pet care becoming pivotal in attracting and retaining renters.

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Efficiency and innovation: Nancy Alley on ICE’s shift away from SDKs

Housing Wire

This year brought significant change for ICE Mortgage Technology. The company made a major shift within its Encompass loan origination system (LOS). ICE shelved its SDK technology in favor of Encompass Partner Connect (EPC), which utilizes a modern application programming interface (API). In this executive conversation, Nancy Alley, Vice President of Product Strategy, shares how ICE Mortgage Technology is driving transformation in the mortgage industry.

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Multifamily is going all-in on virtual tours and media.

AAOA

The apartment industry is doubling down on high-quality mediasomething weve advocated for years. Your photos and videos should give renters the confidence to apply for a lease without ever stepping foot in your community. And now, new data from 2025 confirms thats exactly what renters want, too. This moment should prompt marketers to reevaluate their media strategy and recognize its direct impact on leasing success.

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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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VantageScore mortgage usage plunged 42% in 2024

Housing Wire

VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years. The decline was due to overall market conditions and a spike in portfolio analysis conducted by the government-sponsored enterprises (GSEs) in the previous year.Meanwhile, originators more than doubled their usage of the scores.

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Why Is My Home Value Dropping on Zillow?

HomeLight

If youve been checking your homes value on Zillow over the years, youve likely been pleased to watch it steadily increase. But lately, you may have noticed a decrease in the websites famous Zestimate and found yourself asking, Why is my home value dropping on Zillow? Youre not alone; homeowners throughout the country are asking the same question. As would-be buyers and sellers wrestle with high interest rates, Zillows latest forecast indicates a 1.9% decline in home values this year.

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South Carolina social work researchers focus on aging-in-place technology

Housing Wire

In an effort to provide options for older Americans who want to avoid costly congregate care facilities and intend to age in place , social work researchers at the University of South Carolina will use federal grant dollars to assess the effectiveness of remote home monitoring systems for people who may have more limited aging support and long-term care (LTC) options.

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Vacant Affordable Apartments to Now Skip Lottery and Be Filled on First-Come, First-Served Basis

Brownstoner

by Samantha Maldonado This article was originally published on April 24 at 3:44 p.m. EDT by THE CITY Renting vacated affordable apartments through the citys housing lottery is about to get easier but youll have to be fast to nab one. For the next year, the citys housing department will waive bureaucratic… Read More > The post Vacant Affordable Apartments to Now Skip Lottery and Be Filled on First-Come, First-Served Basis appeared first on Brownstoner.

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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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‘Are you kidding me?’ Real estate industry reacts to Compass-NWMLS lawsuit

Housing Wire

After weeks of buildup, it felt like only a matter of time before Compass would file a lawsuit against Northwest MLS (NWMLS) over the latters Clear Cooperation Policy (CCP). On Friday, the wait ended as Compass filed an antitrust suit against NWMLS. The filing includes alleged violations of the Sherman Act and the Washington Consumer Protection Act, along with tortious interference with business expectancy.

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Today’s Mortgage Rates – April 28, 2025: Rates Drop But Tariffs Fuel Volatility

Marco Santarelli

As of April 28, 2025, mortgage rates have decreased overall, with the 30-year fixed rate averaging 6.71%. This indicates a slight decline in mortgage rates, which have been somewhat volatile in recent days. While it's encouraging to see rates drop below 7%, various economic factors, particularly inflation, could affect these rates in the near future.

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RE/MAX hires Daniel Dennis as SVP of sales and service

Housing Wire

Daniel Dennis, a longtime real estate executive with nearly two decades of leadership experience, has been named senior vice president of sales and service at RE/MAX , the company announced Monday. In his new role, Dennis will oversee sales and support services for brokerages in company-owned regions across the U.S. He will also lead franchise growth efforts through sales and conversions, as well as mergers and acquisitions. “Daniel is an accomplished industry leader with a strategic, resu

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Housing Market Predictions for the Next 4 Years: 2025 to 2029

Marco Santarelli

Let's talk about something that's probably on your mind if you're thinking about buying, selling, or just own a home: where are home prices headed in the United States? As we look toward the future, experts predict a significant evolution in the housing market, particularly regarding home prices. The short answer, based on the Fannie Mae's Home Price Expectations Survey (HPES) , is that while the crazy-high price jumps we saw recently are expected to cool down, experts still predict home prices

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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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HUD approves North Carolina’s $1.4B Helene action plan

Housing Wire

Following the devastation wrought by Hurricane Helene last year, a recovery action plan needed to access more than $1 billion in federal assistance has been approved by the U.S. Department of Housing and Urban Development (HUD), the office of North Carolina Gov. Josh Stein (D) announced on Friday. The outlook for fulfilling the $1.4 billion commitment struck prior to the inauguration of President Donald Trump and the confirmation of Scott Turner as HUD secretary looked to be on shaky ground as

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What Is AB 2801 and Why Landlords Need to Pay Attention

AAOA

AB 2801 , now active in California, is a security deposit law that changes the way landlords must handle security deposit documentation. The law requires property owners to: Provide itemized lists of deductions to tenants after move-out Include supporting documentation , such as receipts and photos Ensure all communication and documentation is shared in a timely, legally compliant format These rules are designed to protect tenants , but they also create a major shift in how landlords manage thei

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LENDEM Solutions hires Krish Dhokia as CMO

Housing Wire

Texas-based analytics and decision management company LENDEM Solutions announced that Krish Dhokia, a former mortgage marketing leader at Kind Lending and Fairway Independent Mortgage Corp. , has been hired as its new chief marketing officer. Dhokia shared the news over the weekend via LinkedIn. LENDEM empowers organizations to make smarter and faster decisions using the power of big data and machine learning, he wrote.

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Patrick Carroll evades prosecution with mental health counseling

Inman

The multifamily investor has agreed to undergo mental health counseling and, in doing so, will not be prosecuted on felony charges by the LA County District Attorney's Office, according to a pretrial hearing last week.

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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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How to Get the Most Out of Attending a Trade Show

AAOA

Trade shows are a cornerstone of the property management industry, offering invaluable opportunities to network, discover new technologies, and gain insights into the latest industry trends. Whether youre a seasoned attendee or preparing for your first show, having a game plan can help you maximize the value of your experience. This guide breaks down the best practices for attending a trade showbefore, during, and after the eventso you can walk away with meaningful connections and actionable ins

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Staying the course on compliance: Why lenders can’t afford to let their guard down

Housing Wire

With federal oversight shifting under the current administration, some mortgage lenders may feel less pressure to prioritize compliance and loan quality. But, according to industry experts Amanda Phillips, General Counsel and EVP of Compliance at ACES Quality Management, and Richard J. Andreano, Jr., Practice Leader of the Mortgage Banking Group at Ballard Spahr LLP, loosening internal controls now could have long-term consequences.

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Mastering the Eviction Process in Multifamily Rentals

AAOA

To master the eviction process in multifamily rentals, grasplegal requirements,document meticulously, and communicate clearly. Comprehendstate laws, issue correct notices, and file necessary paperwork precisely. Prep for court withessential documents, present your case confidently, and maintain professionalism. Transparently communicate with tenants, informing them of rights and responsibilities.