Mon.Feb 03, 2025

article thumbnail

Milwaukee housing authority reportedly ‘misused’ millions in federal funds

Housing Wire

Officials with the Housing Authority of the City of Milwaukee (HACM) are reportedly moving to aggressively cut costs, following a leadership change and audit of its financial situation. The agencys new chief financial officer reportedly identified as much as $2.8 million in misappropriated federal funds that he said were used inappropriately by his predecessors.

article thumbnail

CFPB freezes activity after acting director takes helm

Real Estate News

U.S. Department of Treasury Secretary Scott Bessent puts the brakes on rule-making and enforcement as the Consumer Financial Protection Bureau faces defunding.

275
275
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

More homebuyers seek government-backed loans as an affordability lifeline

Housing Wire

The combined cost of mortgages, taxes and insurance now takes up a larger share of household income than it has since the early 1980s, according to an affordability index from John Burns Research & Consulting. The company’s newest National Housing Market Outlook shows that buyers are gravitating toward government-backed loans in their search for affordability.

article thumbnail

The Real Benefits of Buying a Home This Year

Keeping Current Matters

Have you been wondering whether you should keep renting or finally make the leap into homeownership?

250
250
article thumbnail

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.

article thumbnail

Financial advisers can be key players for assessing health care costs in retirement

Housing Wire

Financial advisers are professionals uniquely suited to assist their clients with assessing and managing health care costs in retirement. But consumers who have access to a planners services do not appear to be better informed about the associated costs than people who do not use an adviser, according to a new research brief from Boston College s Center for Retirement Research.

Investor 433
article thumbnail

Buyer agreement questions? NAR lawyer has answers

Real Estate News

How much do you really know about buyer agreements? Get the facts from NARs general counsel, starting with core requirements, touring agreements and more.

223
223

More Trending

article thumbnail

4 steps to scale your business (and tip the scales in your favor)

Inman

Scaling isn't just about growth, BHGRE's Ginger Wilcox writes. It's about building a stronger, more resilient and engaged organization.

Brokerage 156
article thumbnail

OCMBC president Serene Vernon arrested for murder and DUI

Housing Wire

Authorities in California on Friday arrested a driver who has three prior convictions for her alleged role in the death of an 88-year-old man. A crash involving a Land Rover SUV and a Ford Transit van happened in the Laguna Beach area at about 6:15 p.m. local time on Jan. 31, according to the Orange County Sheriff’s Department (OCSD). The Land Rover driver was identified as 48-year-old Dana Point resident Serene Francie Rosenberg, known as Serene Vernon in her workplace as the president of

Land 417
article thumbnail

Compass launches ‘Compass One’ client portal and dashboard

Inman

The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions.

article thumbnail

EasyKnock’s defamation suit dismissed in Texas

Housing Wire

The hits keep coming for now-defunct residential sale-leaseback platform EasyKnock. After the company failed to have new council file an appearance, the court dismissed EasyKnocks defamation lawsuit against law firm Feldman & Feldman last Monday. Originally filed by EasyKnock in Nov. 2021 in federal court in Houston, the suit accused Feldman & Feldman of defaming EasyKnock in a post the law firm made on its website cautioning consumers to scrutinize the companys transactions with financi

Lending 395
article thumbnail

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.

article thumbnail

LoanStream Mortgage exec arrested after fatal car accident

Inman

President of Irvine, California-based wholesale mortgage lender with history of drunk driving convictions arrested on suspicion of murder after 88-year-old man is killed in head-on accident.

Mortgages 127
article thumbnail

U.S. home-price growth softens, but the LA wildfires hinder a broader market recovery

Housing Wire

Last year saw the softest home-price growth in more than 10 years, according to an analysis by ICE Mortgage Technology. Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels. On Monday, ICE released its February 2025 Mortgage Monitor report , which is based on the company’s public datasets.

Marketing 358
article thumbnail

The Benefits of Positive Rent Reporting

AAOA

In todays financial landscape, a good credit score is more important than ever. It can influence everything from loan approvals to interest rates and even job opportunities. Traditionally, credit scores have been built through credit card usage, loan repayments, and other forms of debt. However, a new player is emerging in the credit-building arena: positive rent reporting.

Loans 119
article thumbnail

Weak demand is forcing more home sellers to reduce their asking price

Housing Wire

There are some really interesting price trends happening across the country right now. I mentioned last week how weakness in demand had led some of the measures for home price changes to slide into negative territory compared to a year ago. This week, another signal of future sales prices slipped in a bit of a surprising way, another factor showing weakness in homebuyer demand and weakness in price trends.

Sales 413
article thumbnail

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.

article thumbnail

Real estate agents carry hope for client pipelines into January: Intel

Inman

Current pipelines reported in the Intel survey remain higher than they were a few months ago, perhaps signaling that some clients are entertaining a return to the market despite headwinds from the Fed.

Agents 119
article thumbnail

Real estate brokerages and the rise of the revenue share model

Housing Wire

Love them or hate them, profit share and revenue share real estate brokerage models appear to be on the rise, highlighted by the rapid ascent of both eXp Realty and The Real Brokerage over the past roughly 15 years. However, Keller Williams is considered by many to be the originator of the profit/revenue share model, launching its profit share model in 1987.

Brokerage 394
article thumbnail

87% of mortgage lead gen comes from referrals and past clients

Inman

When it comes to mortgages, Mike DelPrete writes, online lead generation is certainly a piece of the puzzle, but it pales in comparison to the power of referrals and existing relationships.

Mortgages 119
article thumbnail

US Mortgage hires Alana Dorbandt as VP, division lending manager

Housing Wire

Nationwide direct mortgage lender US Mortgage Corporation announced the appointment of Alana Dorbandt as its new vice president and division lending manager. In the new role, Dorbandt will lead the company’s expansion into the Southwest Region. Dorbandt was most recently the regional sales leader at Lower for over 15 years and has 24 years of overall experience in the financial services realm.

Lending 349
article thumbnail

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.

article thumbnail

Corcoran adds trending listings feature to website

Inman

The new feature, which the brokerage calls "like Netflix for real estate," highlights for homebuyers trending properties based on unique views, interactions and leads, the firm has informed Inman.

Brokerage 142
article thumbnail

Here are the 2025 Tech100 Mortgage Honorees

Housing Wire

The Tech100 Mortgage award recognizes the most innovative and impactful organizations driving the mortgage industry forward. More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending. Now in its 13th year, the Tech100 program serves as a trusted resource for housing professionals, providing a definitive list of the industrys top technology provid

Mortgages 417
article thumbnail

Bed Stuy Brownstone With Mantels, Wood Floors Asks $2,124,999

Brownstoner

An 1890s brownstone that still has some details intact, this Bed Stuy two-family has room for some updates as well. At 550 Decatur Street, it boasts wainscoting, mantels, pocket doors, stained glass, and fretwork. It is one of a long stretch of houses constructed by prolific builder Charles G. Reynolds… Read More > The post Bed Stuy Brownstone With Mantels, Wood Floors Asks $2,124,999 appeared first on Brownstoner.

article thumbnail

PA judge decides reverse mortgage gets first-priority in foreclosure dispute

Housing Wire

A reverse mortgage loan has first-priority status in a Pennsylvania foreclosure dispute, after initially being rejected by the trial court according to court documents reviewed by HousingWire s Reverse Mortgage Daily (RMD), and an analysis by attorneys at law firm Wilentz, Goldman & Spitzer, P.A. In 2005, the client purchased a home in the Foxfield at Naamans Creek community in Garnet Valley, Penn. with a traditional mortgage.

Mortgages 329
article thumbnail

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.

article thumbnail

Four Ways Multifamily Properties Can Grow in 2025

AAOA

In 2024, the industry stabilized as elevated resident experiences, a focus on community, and eco-friendly practices shaped the multifamily landscape. In the new year, property operators will need to continue leveraging innovations in technology and sustainability, and incorporate premium amenities into the living experience in order to stay ahead. Here’s what trends we’re expecting to see more of in 2025.

article thumbnail

Ownwell partners with Valon on property tax monitoring service

Housing Wire

Ownwell is unveiling a new partnership that aims to help homeowners save money by avoiding higher property tax payments. On Monday, the company said it would partner with mortgage servicing company Valon to offer property tax savings services. This is Valon’s latest move to upgrade its mortgage servicing platform. The company recently raised $100 million in Series C funding to boost product development and outreach.

article thumbnail

Winning Norcal Team Strives to Make People Happy

RIS Media

Above, Rosie Papazian, left and Krista Miller As an art and design major, Krista Miller had her eye on a career in architecture. But when she and her husband bought their first home in a small community east of San Francisco, she took an immediate interest in real estate. Looking at houses fit right in… The post Winning Norcal Team Strives to Make People Happy appeared first on RISMedia.

Design 106
article thumbnail

Daily Links: Pintchik Sells Holdings, Pacific Park Hopeful Pledges ‘Greater Affordability’

Brownstoner

In the News What Would You Do to Make New York City More Affordable? [NYT] Now in College, Luddite Teens Still Dont Want Your Likes [NYT] Thief Bites Woman Trying to Stop Clinton Hill Package Theft [NYDN] Brooklynites Fume Over Shuttered Bed Stuy Tennis Courts [NYP] Migrant Vendors Park Carts as American Dreams Slip Away… Read More > The post Daily Links: Pintchik Sells Holdings, Pacific Park Hopeful Pledges ‘Greater Affordability’ appeared first on Brownstoner.

104
104
article thumbnail

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.

article thumbnail

How Brokerages and Tech Partners Can Support Team Growth in 2025

RIS Media

Why are real estate teams outpacing traditional agent models in growth and profitability? The answer lies in their ability to adapt quickly, pool resources and create efficiencies. Top teams have become the backbone of many successful brokerages, offering a breadth of specialized expertise and chemistry that clients value. Yet, as teams expand, their need for… The post How Brokerages and Tech Partners Can Support Team Growth in 2025 appeared first on RISMedia.

Brokerage 104
article thumbnail

Older homeowners need financial support to boost property EPCs – warning

Estate Agent Today

The Government is being urged to provide financial support to retrofit 12m homes and make them more energy efficient.

100
100
article thumbnail

NAR Opens Applications for 2025 Good Neighbor Awards

RIS Media

The National Association of REALTORS has announced the opening of applications for its 2025 Good Neighbor Awards. The program honors real estate agents who demonstrate dedication to volunteer service and who have lasting impacts on their communities. The Good Neighbor Awards represent the best of who we are as REALTORS, said NAR President Kevin Sears,… The post NAR Opens Applications for 2025 Good Neighbor Awards appeared first on RISMedia.

Agents 104
article thumbnail

Private Residential Construction Spending Rises 1.5% in December

Eye on Housing

Private residential construction spending increased by 1.5% in December 2024, according to the latest U.S. Census Construction Spending data. It was the third consecutive monthly increase since September 2024. On a year-over-year basis, the December report showed a 6% increase. The monthly increase in total private construction spending was primarily driven by higher spending on.

article thumbnail

Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.