Housing Wire
JANUARY 13, 2025
The real estate industry went through a lot last year. The word “fear” plagued the minds of many industry professionals as the business underwent seismic shifts , and as President-elect Donald Trump enters office next week, these feelings still ring true for a sizable chunk of agents. This finding comes from a recent survey by Indiana-based real estate software company REsimpli.
Keeping Current Matters
JANUARY 13, 2025
Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner?
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Housing Wire
JANUARY 13, 2025
The wildfires in Los Angeles have caused unspeakable damage, heartbreak and loss of life. As of Monday, the five major fires have burned about 60 square miles in the LA area and 24 people have been killed. While the current focus is rightfully on containing the blazes and protecting residents, its worth taking stock of where housing markets stand in the affected parts of the Los Angeles metro area.
Real Estate News
JANUARY 13, 2025
The decision is a blow for the association, which has spent years trying to prevent the Justice Department from reopening its investigation into NAR policies.
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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 13, 2025
Youre bound to find variability in the total cost estimates related to the damage and destruction caused by the wildfires in Southern California , but some of the variations are exacerbated by what is included versus what is excluded in these estimates. According to CoreLogic , the total damage cost estimate for the Los Angeles wildfires as it relates to insured properties is currently at $30 billion.
Real Estate News
JANUARY 13, 2025
In a recent survey, would-be buyers were most interested in finding a turnkey home close to work, but they're willing to compromise on some features.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
JANUARY 13, 2025
The NAR settlement has changed the way compensation is communicated, but getting real with clients can ensure that deals get done and agents get paid.
Housing Wire
JANUARY 13, 2025
There were 45,000 new listings for single-family homes across the country this week, which is a big jump. That’s 12% more sellers than a year ago. This is the trend that will be the theme for 2025. It seems more sellers are coming out every week and that will keep inventory pushing upward. Mortgage rates pushed this week close to 7.25%. Its only two weeks into January and mortgage rates have hit the high end of the range we forecasted for the entire year.
Inman
JANUARY 13, 2025
As wildfires rage across California, destroying over 9,000 homes and displacing thousands of residents, accessory dwelling units (ADUs) have emerged as a critical housing solution five years after being approved in Los Angeles.ADUs, also known as granny flats, in-law apartments, or casitas, are independent living spaces attached to or located on the same property as single-family homes.
Housing Wire
JANUARY 13, 2025
The Consumer Financial Protection Bureau (CFPB) has found that homeowners facing flooding from rivers and creeks are more likely to be underinsured against flood risk than homeowners in coastal areas, according to a repor t published on Monday. The report is based on a sample of mortgage applications from 2018 to 2022, and it examines flood risk in the southeast and central southwest census regions of the United States, according to flood risk data from the Federal Emergency Management Agency (F
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Inman
JANUARY 13, 2025
This year isnt about working harder its about working smarter, coach Darryl Davis writes. Its about learning new skills and fine-tuning your solutions.
Housing Wire
JANUARY 13, 2025
Mr. Cooper Group named former vice chairman and President Chris Marshall as the new CEO of subsidiary real estate solutions firm Xome. Marshall will replace former CEO Mike Rawls, who is set to retire effective June 30. Marshall will work will Rawls over the coming months to ensure a smooth transition of power, the company explained. He will then collaborate with Xome’s leadership team to focus on market share and new revenue opportunities going forward.
Inman
JANUARY 13, 2025
No one can predict exactly where the next major disaster may strike, so the time to prepare is now, trainer and author Bernice Ross writes.
Housing Wire
JANUARY 13, 2025
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are aiming to remind homeowners and renters impacted by the ongoing wildfires in Los Angeles of various relief options. These include forbearance and other payment deferral plans, as well as disaster recovery counseling programs through the U.S. Department of Housing and Urban Development (HUD).
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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 13, 2025
In a world without Clear Cooperation, real estate agents who believe in the value of multiple listing services would have more convincing to do, an Intel survey of 3,000 US consumers finds.
Housing Wire
JANUARY 13, 2025
Although eXp World Holdings i s hoping to move past the commission lawsuits thanks to the proposed nationwide settlement it negotiated with the Hooper suit plaintiffs in Georgia, other courts are not so sure. Last Wednesday, Judge Stephen R. Bough, who oversaw the Sitzer/Burnett trial and is also overseeing the Gibson suit, ruled after oral arguments that eXp must turn over all documents related to the negotiation of its settlement by this coming Wednesday, Jan. 15.
BAM Media
JANUARY 13, 2025
In a major setback for the National Association of Realtors (NAR) , the U.S. Supreme Court has declined to take up the association’s appeal request against the Department of Justice (DOJ). This ruling, issued on January 13, 2025, allows the DOJ to continue its investigation into NARs practices, specifically the Participation Rule and Clear Cooperation Policy.
Housing Wire
JANUARY 13, 2025
The U.S. Department of Housing and Urban Development (HUD) on Monday announced that it has reached a settlement with PHH Mortgage Corp. , a division of the Onity Group , over the alleged imposition of fees for borrowers making payments on their mortgages, which is in violation of Federal Housing Administration (FHA) requirements. Describing the settlement as historic, HUD said in a statement that it provides the largest reimbursement amount to the most FHA borrowers in HUDs history.
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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 13, 2025
The Supreme Court didn't explain its reasoning for the decision, which will now allow the Department of Justice to reopen its investigation into the association's cooperative compensation rule.
Housing Wire
JANUARY 13, 2025
Expired listings can be a goldmine of opportunity for Realtors. What I love about expireds is that they wanted to sell, and they were willing to work with an agent. Many sellers of expired listings are still motivated, despite their previous setbacks and often relist within 18 months. What is your mindset around working expireds? They are mean. Their price was way too high.
BAM Media
JANUARY 13, 2025
Weve all seen the inspiring stories of people stepping up to help during the LA wildfires. Some shelters are overflowing with volunteers, and donations have poured in to support those in need. But with evacuation orders for hundreds of thousands of residentsand more than 12,000 structures destroyed (at the time of this writing)one of the biggest long-term challenges is housing.
Housing Wire
JANUARY 13, 2025
Fairway Independent Mortgage Corporation , a large mortgage lender and a top 10 lender in the reverse mortgage industry , will aim to expand its focus on its reverse mortgage arm in 2025 owing to the efforts of David Lazowski, the companys new president of national recruiting and growth. Emboldened by its efforts in the purchase mortgage arena and hoping to replicate it with its use of the Home Equity Conversion Mortgage ( HECM ) for Purchase (H4P) program, Fairway is seeking to expand its rever
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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.
Inman
JANUARY 13, 2025
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding, and market strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.
Housing Wire
JANUARY 13, 2025
Top 20 U.S. mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region. Evans will help manage retail business in states like Alabama , Arkansas and Tennessee. He will report directly to senior vice president of production Paul Ramos. The new regional vice president brings a bit more to his role than executive mortgage experience.
BAM Media
JANUARY 13, 2025
What if you could learn to double your listing views, win more clients, and sell homes fasterall in one hour? The real estate market isnt slowing down, and neither should you. If youre ready to attract more eyeballs to your listings, consistently nail your listing presentations, and close deals faster than ever, this is the webinar youve been waiting for.
Housing Wire
JANUARY 13, 2025
Its imperative for reverse mortgage borrowers to contact their insurance carrier if their property has been damaged in the ongoing Southern California wildfires , and to let their servicer know of anything that could impact their occupancy of their property due to the terms of Federal Housing Administration (FHA)-backed reverse mortgage loans. These were the top-line takeaways that reverse mortgage servicing experts and professionals shared with HousingWire s Reverse Mortgage Daily (RMD) when as
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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.
RIS Media
JANUARY 13, 2025
Editor’s Note: This story was updated at 12:05 p.m. on Monday, Jan. 13 with a comment from NAR. The National Association of REALTORS (NAR) appeal to the Supreme Court to block the Department of Justices (DOJ) investigation was denied today without comment, allowing law enforcement to continue with its inquiry into NAR rules and practices.… The post Supreme Court Denies NAR Appeal Against DOJ Investigation appeared first on RISMedia.
Brownstoner
JANUARY 13, 2025
An affordable housing lottery has launched for an under-construction 17-story, 569-unit development dubbed Loden, with units starting at $914 a month for a studio. Rising half a block from the Brooklyn Botanic Garden in Crown Heights south, and overlooking the S shuttle train tracks, the complex at 54 Crown Street… Read More > The post Crown Heights Affordable Housing Lottery Debuts With $1,161 Two-Bedrooms appeared first on Brownstoner.
Marco Santarelli
JANUARY 13, 2025
As we step into 2025, the question on the minds of homebuyers, homeowners, and real estate enthusiasts alike is: What will mortgage rates look like this year? While the mortgage rates are expected to gradually decline compared to previous highs, they will still hover around 6% to 6.8% throughout the year. This article explores the forecasts, economic factors, and expert insights that shape the outlook for mortgage rates in 2025.
Brownstoner
JANUARY 13, 2025
Part of a striking row, a picturesque and rarely available English Arts and Crafts-style house by noted 19th century Brooklyn architect William Tubby is little altered since he designed it. Full of charm and quirky nooks, the house includes the original stair and carved wood mantels, no two exactly alike.… Read More > The post William Tubby-Designed Bed Stuy Row House With Mantels Asks $2.5 Million appeared first on Brownstoner.
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