May, 2025

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Agents share dueling opinions on off-market listings

Housing Wire

Industry debate around off-market listings or pocket listings has become increasingly heated. For some agents , these private transactions are tools of exclusivity and strategy. For others, theyre a disservice to sellers and a potential breach of fiduciary duty. Four agents with strong opinions; Isom Coleman in Sacramento, Calif.; Kevin Dombrowski in Arlington Heights, Ill.; Jaymes Willoughby in Austin, Texas; and Jovanka Novakovic in Chicago, offered contrasting views on the practice.

Agents 396
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1 in 4 potential buyers waiting for rates to fall — below 3%

Real Estate News

A new report suggests mortgage rates are continuing to delay purchase decisions, but younger buyers are most eager to trade renting for homeownership.

Mortgages 350
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Housing Market Forecasts for the Second Half of the Year

Keeping Current Matters

From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering whats next and whether now is really the right time to move.

Marketing 277
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Better mortgage spreads boost housing demand in 2025

Housing Wire

One of the lesser known storylines in housing economics is that the improvement in mortgage spreads since 2023 has contributed to a noticeable trend in purchase application data for 2025, which is now showing 15 consecutive weeks of positive year-over-year growth. Mortgage spreads recently turned negative due to market volatility, which resulted in an increase of 20 to 25 basis points in mortgage rates.

Mortgages 505
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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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With more inventory, where are home prices headed?

Housing Wire

Last year, I predicted a national home-price increase of 2.33%. While that forecast was lower than most others, it seemed achievable due to higher mortgage rates and increased inventory. I was wrong and too low for 2024. This year, my prediction is even lower at 1.77% national home-price growth. So far this year, the existing home price index has been higher than my forecast level every month.

Sales 470

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Housing affordability drops sharply for middle-class: NAR

Housing Wire

Housing markets across the country are grappling with a number of issues that have resulted in historically low home sales, and chief among them is the lack of affordability. Thats largely driven by a national housing shortage thats leading to fewer listings and thus driving up home prices. According to a new paper from the National Association of Realtors (NAR), the drop in affordability is present in all income brackets but its most stark among the middle class where the percentage of affordab

Sales 413
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NAR: Americans want a tax plan that supports the American dream

Housing Wire

As Congress continues its effort to rewrite major portions of the tax code, the National Association of Realtors ( NAR ) unveiled new polling showing just what the American people are looking for in the legislation. The national survey shows overwhelming bipartisan support for tax provisions that strengthen homeownership, support small business owners and the middle class, and unlock more housing inventory.

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NRMLA co-chair outlines reverse mortgage advocacy plan

Housing Wire

The reverse mortgage industrys premier trade association held its first event of 2025 this past week. While the mood was generally upbeat among the roughly 150 attendees who made the journey to Irvine, California, for the event hosted by the National Reverse Mortgage Lenders Association (NRMLA), there was also an acknowledgement of challenges faced by the industry when it comes to getting the word out about reverse mortgages.

Mortgages 445
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What happens to mortgage rates with more trade deals?

Housing Wire

What will happen to mortgage rates now that China and the U.S. have made progress in their trade war, agreeing to a 90-day period of lower tariffs? Stocks are up considerably this morning and bond yields have also increased. This raises the question: Is the de-escalation of the trade war good for mortgage rates ? The trade deals are just one factor, but I see three possible scenarios for mortgage rates in this environment.

Mortgages 425
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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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Sidelined homebuyers see opportunity in a possible recession

Housing Wire

As economic concerns grow, a new survey from Realtor.com shows that a significant share of prospective homebuyers may view a potential recession as an opportunity rather than a deterrent. According to the survey , 63.4% of respondents expect a recession within the next year, reflecting the highest level of concern since 2019. Despite that, nearly 30% of home shoppers said a downturn would make them more likely to purchase a home almost double the 15.8% who said it would make them less likely to

Lending 390
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Why foreclosures are still below pre-pandemic levels

Housing Wire

According to the most recent credit data from the New York Fed , foreclosure data for the housing market is still below 2019 levels. Although foreclosure rates rose in the last quarter, we are far from the stressful levels that we saw during the run-up to the housing bubble crash in 2008. Credit data in general doesnt look great when accounting for credit card debt, auto loans, and student loan debt all have had an increase in their percentage on 90-day lates.

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eXp Luxury announces seller financing partnership

Housing Wire

eXp Luxury , the upscale division of real estate brokerage eXp Realty , is teaming with MORE Seller Financing to give luxury home sellers new tools to attract buyers and improve listing performance in a high interest rate environment. The partnership, announced this week, will give eXp Luxury agents access to the MORE Seller Bridge Loan Program a short-term seller financing option that lets sellers convert their existing low-rate mortgages into income after selling their home. “Luxury sel

Finance 463
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How will Moody’s downgrade of US debt affect mortgage rates?

Housing Wire

To add to the list of dramatic events in 2025, Moodys downgraded U.S. credit by one notch on Friday from Aaa to Aa1 raising concerns about mortgage rates. Moodys pointed to increasing debt and interest payment ratios notably higher than those of comparable sovereign nations. This downgrade has sparked a range of reactions among market participants, with some suggesting that it may be politically motivated, given the timing and challenges facing the Republican budget and tax cuts.

Mortgages 480
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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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What’s the goal of ending the Fannie and Freddie conservatorship?

Housing Wire

The government-sponsored enterprises (GSEs) have been under the conservatorship of the federal government since the 2008 financial crisis, and for some time now many in the mortgage industry have thought this should end. But what is the goal of ending the conservatorships for Fannie Mae and Freddie Mac ? GSE reform was up for debate at a panel on Tuesday morning at the Mortgage Bankers Association (MBA)’s Secondary and Capital Markets Conference in Manhattan.

Investor 441
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Home prices expected to dip as supply and demand collide

Housing Wire

U.S. home prices are projected to flatten in the third quarter and decline 1% year over year by the fourth quarter of 2025, according to a new report from Redfin. The company also expects mortgage rates to remain elevated near 7% through the end of the year. This marks a sharp reversal from more than a decade of mostly rising prices. Except for a brief dip in 2023, home prices have increased on a yearly basis since 2012, driven by a prolonged sellers market.

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Foreclosures are up 14% in the past year, ATTOM says

Housing Wire

Foreclosure activity continued its upward trend in April, with a total of 36,033 properties receiving default notices, scheduled for auction or repossessed, according to the latest data from real estate analytics firm ATTOM. The figure represents a 0.4% increase from March and a 13.9% jump compared to April 2024. April’s foreclosure activity continued its gradual climb, with both starts and completions up annually, Rob Barber , CEO of ATTOM, said in a statement.

Marketing 414
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Mortgage subservicing is having a makeover moment

Housing Wire

What happens when competitors pursue scale in a static yet strategically important market? The answer lies in a remote corner of the mortgage industry: subservicing. This business which involves handling mortgage payments, borrower communication and escrow administration on behalf of lenders has undergone consolidation. The sector drew renewed attention in March when Rocket Companies announced a $9.4 billion offer to acquire Mr.

Mortgages 370
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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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Is your home ready for you to age in place? What to consider

Housing Wire

Preferences for aging in place are well-documented among older Americans, but there are some factors that should be considered carefully. This is according to Pamela Redwine, a family, health and wellness agent with the Mississippi State University Extension Service. The service is an educational arm of the university that provides research-based information, programs and services to people and communities across Mississippi.

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Will the real Tamir Poleg please stand up?

Housing Wire

Tamir Poleg, chairman and CEO of The Real Brokerage , closed out the prepared remarks section of his firms first-quarter 2025 earnings call by addressing the transformative technological era the industry is currently operating in. The catch was, listeners thought it was Poleg, but it wasn’t. The rise of AI is not just another tool but a fundamental shift that, in our view, will reshape industries, professions and entire business models.

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The many ways real estate brokerages boost agent productivity

Housing Wire

Real estate agents flourish when they can generate referrals, and Jason Mitchell Group (JMG) has practically industrialized the process. The Arizona-based brokerage has organized a vast network of referral partners that include major mortgage lenders like Rocket Mortgage, Veterans United Home Loans and Mr. Cooper just to name a few. This has enabled JMG agents to close more transactions.

Brokerage 368
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Kamini Lane wants to change the narrative for the real estate industry

Housing Wire

Roughly two years after Kamini Lane took the helm at Coldwell Banker Realty , the real estate industry has gone through quite a bit of change and faced its fair share of challenges. From the interest rate environment and inflation to the commission lawsuits and the business practice changes stemming from the National Association of Realtors ‘ (NAR) settlement agreement , it has been quite a ride.

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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.

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How agents can support first-time sellers in an uncertain market 

Housing Wire

Weve entered the busiest season in the real estate industry at the same time that markets are more uncertain than ever. Nearly 40% of annual home sales happen between May and August, and were quickly approaching the most popular day to list your home: June 1*. Meanwhile, the economic landscape is shifting mortgage rates, consumer sentiment, and the cost of goods are all in flux and consumers are seeking more clarity and consistency than ever.

Agents 363
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More home sellers and home sales in May

Housing Wire

The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago. If youre following the data closely, you know that home sales are still running at or below last years pace. Year to date, through the first week of May, we count 3% fewer total sales than in 2024. But in May and June, the yearly comparisons get easier because last year at this time was really dry due to the highest mortgage rates of the year.

Sales 378
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FHA/VA purchase mortgage demand up 40% annually

Housing Wire

Mortgage applications increased 1.1% from one week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending May 9, 2025. On an unadjusted basis, the index increased 1% compared with the previous week. The seasonally adjusted purchase index was a bright spot this week, increasing 2% from one week earlier.

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NAR: Home prices are up in 83% of metros

Housing Wire

Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 even as affordability remained stretched and fewer markets posted double-digit gains. According to the National Association of Realtors (NAR), 189 of 228 metro areas (83%) saw year-over-year increases in the median price for existing single-family homes. Thats a slight decline from 89% in the fourth quarter of 2024.

Sales 420
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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Zillow will begin banning noncompliant listings on June 30

Housing Wire

Zillow will begin a phased rollout of its listing access standards policy, which bans publicly marketed listings not entered into the MLS , on May 28. In a blog post on Tuesday, Zillow offered agents some clarifications and guidance on its new policy and how it will be implemented. Publicly marketed listings should be entered in the MLS within one business day and published on Zillow as well as other sites that receive MLS feeds so it is viewable to all buyers and participants in the market, the

MLS 355
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National home prices reached record high in April: First American

Housing Wire

First American Data & Analytics released its April 2025 Home Price Index (HPI) report on Tuesday, revealing that house prices nationally are now 57.2% higher compared to pre-pandemic levels. Month over month, the HPI changed +0.4% and tear over year the HPI changed by +2.0%. The report noted that home-price growth reported in last months HPI for February 2024 to March 2025 was revised up by 0.2 percentage points, from +0.5% to +0.7%.

Mortgages 394
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Top-producing real estate agents move to rev share models

Housing Wire

A new report on real estate agent and brokerage performance in the first quarter of 2025 shows that agent movement accelerated dramatically in opening months of the year. The research was conducted by Recruiting Insight in collaboration with BoldTrail Recruit and My BFF Social. It tracked thousands of agent movements across brokerage models and markets.

Agents 354