Housing Wire

JUNE 11, 2024

Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. The VA said it will develop a more permanent policy “as the real estate brokerage market restabilizes and new practices take hold.”

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Buyers Real Estate Real Estate Agent Brokerage 523

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

Development 458

Development Mortgage Design Government 458

Housing Wire

JANUARY 27, 2025

Census Bureau and Department of Housing and Urban Development shows new-home sales registering at a seasonally adjusted annual rate of 698,000, good for a 6.7% Home builders were able to offer prospective buyers concessions, including rate buydowns, to entice them to new home communities. The December report from the U.S.

Inventory 476

Inventory Buyers Housing Market Construction 476

Housing Wire

OCTOBER 24, 2024

Valon intends to use the fresh capital to boost product development and expand its reach to new markets. Valon’s platform — the first of its kind to provide end-to-end mortgage servicing — was designed to boost efficiency and transparency for home buyers and sellers. The firm is currently valued at $1.1

Mortgage 448

Mortgage Real Estate Agent Technology Real Estate 448

Housing Wire

FEBRUARY 5, 2025

The companys proprietary data showed that the volume of homes sold at auction to third-party buyers and those repossessed by the foreclosing lender as real estate-owned (REO) declined 3% between the third and fourth quarter of 2024. But these ratios vary significantly across local markets.

Retail 415

Retail Renovations Buyers Finance 415

Housing Wire

NOVEMBER 15, 2024

The promotion applies to select homes in various housing developments across multiple cities. Magnolia Ridge, one of the participating housing developments in the Greater Houston deal, is offering $7,500 to $7,500 off select homes , with a few of the homes seeing prices drop from $289,200 to $244,990 and $248,590 to $239,990.

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Retail Finance Development Real Estate 418

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

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Buyers Agents Mortgage Real Estate Agent 514

Appraisal Buzz

JANUARY 9, 2025

Department of Housing & Urban Development (HUD) has published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). For more than 30 years, HOME has provided funding to build new homes, assist home buyers, and provide rental assistance.

Tenants 349

Tenants Development Modernization Inspection 349

Housing Wire

MARCH 7, 2025

More than half of the hottest markets had median home prices below the national median, suggesting that buyers are prioritizing cost-effective options. The greater availability of homes in these regions has slowed the pace of sales and reduced buyer competition. annually the lowest rate since Realtor.com began tracking the data.

Housing Market 394

Housing Market Marketing Inventory Construction 394

Housing Wire

SEPTEMBER 5, 2024

Department of Housing and Urban Development ( HUD), state attorneys general and fair housing organizations to start applying this legal framework to homebuyers FHA loans accounted for 15.6% of the U.S. mortgage market in 2023, up from 14.3% in 2022, according to HUD. of the U.S. mortgage market in 2023, up from 14.3%

Buyers 476

Buyers Real Estate Agent Inspection Real Estate 476

Appraisal Buzz

JANUARY 27, 2025

According to an early January 2025 survey of 145 individuals who have previously bought properties on Auction.com, roughly 43%of buyers said the results of the November 2024 election increased their willingness to buy properties at auction, while only 3% said the results decreased their willingness to buy.

Sellers 415

Sellers Buyers Marketing Real Estate 415

Housing Wire

NOVEMBER 7, 2024

Wacksman: That’s the Zillow app for a buyer and a seller. What does the buyer or seller want? One has to keep up with where the buyer and seller is going. For an agent, that’s a higher-intent lead, a more educated buyer in all these regulatory changes. You also have a more educated buyer on how commissions work.

Real Estate 368

Real Estate Technology Sellers Agents 368

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

Real Estate 497

Real Estate Buyers Agents Sellers 497

Housing Wire

SEPTEMBER 17, 2024

The role of the buyer’s agent has been turned on its head and Lone Wolf Technologies wants to help. The real estate software company is launching a “Buyer’s Agent Club” that is designed to assist agents in navigating an uncertain time in the industry through resources, tools and training.

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Design Tools Agents Buyers 420

Housing Wire

OCTOBER 15, 2024

Although the decision is ultimately highly personal and based on a buyer’s budget, needs, and preferences, there are a few things agents need to consider to help them make the best decisions. It can be tough for a buyer to choose when faced with the allure of a brand-new build or the charm and affordability of an older home.

Construction 488

Construction Buyers Agents Marketing 488

Housing Wire

NOVEMBER 8, 2024

With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Shallis, with over three decades of experience in the real estate industry has helped realtors, buyers, and sellers navigate all types of market conditions.

Realtors 370

Realtors Marketing Loan Officers Sellers 370

Housing Wire

NOVEMBER 21, 2024

Morris: We’ve been on this mission with NAR, of course, to deliver Accredited Buyer’s Representative (ABR) courses. We’re trying to say that buyers and sellers, in my opinion, are willing to pay you. Some courses are online or live and all are about leadership and leadership development.

Real Estate 366

Real Estate Real Estate Agent Sellers Training 366

Housing Wire

OCTOBER 28, 2024

Teresa Reber, chief originations officer for The Loan Store, highlighted the company’s commitment to helping brokers close loans faster and improve the buyer experience. Mike Brown, chief revenue officer for Gateless, echoed her sentiment and praised The Loan Store for its forward-thinking attitude.

Mortgage 397

Mortgage Technology Design Tools 397

Appraisal Buzz

NOVEMBER 18, 2024

It was a prime investment – cash flowing and competitively priced due to it being a buyer’s market. Concentrated Development: Many developers flocked to the same areas, leading to localized oversupply. Diminished Development Capacity: As developers struggle, new construction grinds to a halt.

Development 335

Development Finance Real Estate Housing Market 335

Housing Wire

DECEMBER 23, 2024

When mortgage rates decline, sales improve, but it becomes more challenging for builders and buyers when rates rise. Census Bureau and the Department of Housing and Urban Development. This is the reason why housing starts are at recession levels today. Monthly new home sales have been stagnant for the past two years. percent (18.6

Construction 525

Construction Inventory Mortgage Development 525

Housing Wire

DECEMBER 5, 2024

Step 4: Develop a recruitment and retention strategy Attracting and retaining top talent is critical to scaling your team. Offer training, mentorship, and career development plans to support long-term success. Action plan: Develop client-centric processes that make transactions seamless and stress-free.

Real Estate 370

Real Estate Clients Development Tools 370

Housing Wire

AUGUST 1, 2024

In this tantalizing conversation, Collins and Neuberger survey the CMO’s path into marketing , his experience and approach to the field, brand presence, social media and Realtor.com’s recent buyer agency advocacy campaign. Before that, he kicked off his career in computer science as a coder and software developer.

Buyers 444

Buyers Real Estate Agents Clients 444

Appraisal Buzz

APRIL 7, 2025

In April, as the real estate industry celebrates New Homes Month, millennial buyers indicate they are prepared to compromise on space. According to NAHB, when compared to previous generations, millennial buyers most frequently request a home with a median interior space of 2,408 square feet. Census Bureau data.

Construction 317

Construction Buyers Housing Market Government 317

Housing Wire

JANUARY 27, 2025

Additionally, with cooperative compensation removed from MLS systems, alongside the new requirement for buyer-agency agreements, agents must speak up and share their value clearly and confidently. To do so, develop strategies and programs that cater to buyers and sellers at every stage.

Real Estate 397

Real Estate Clients Technology Agents 397

Appraisal Buzz

OCTOBER 24, 2024

The survey questioned recent homeowners, the majority of whom were first-time buyers, a series of questions about their experience during the mortgage application and closing process, including their perceptions on the use of technology, artificial intelligence (AI), and automated communications.

Loan Officers 425

Loan Officers Technology Tools Development 425

Housing Wire

MARCH 31, 2025

Cash buyers dominate the market, accounting for 42% of home purchases. .” Migration wave reshapes Florida economy Florida gained nearly 2.76 million new residents between 2021 and 2023, but the demographic shift tells a troubling story. New York remains the top feeder state for Florida at 18% of all incoming residents. ”

Insurance 447

Insurance Property Taxes Construction Transportation 447

Housing Wire

MARCH 27, 2024

With the settlement, NAR agreed to abolish its “Participation Rule” that required listing agents to make an offer of compensation to buyer brokers. The currency policy will put VA buyers on the sidelines, especially in a market with already tight inventory, Sears pointed out. “In VA loans are probably the best loans on the market.

Buyers 476

Buyers Real Estate Agent Inventory Real Estate 476

Housing Wire

JULY 1, 2024

On June 20, Dmitry Shkipin — who runs development and operations at HomeOpenly.com — filed an amicus brief that takes aim at the changes to the agent commission structure outlined by the Department of Justice in its statement of interest. … When sellers make such offers, buyer brokers need not compete on price to attract buyers.’”

Buyers 423

Buyers Law Sellers Advertising 423

Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Real Estate Agent 476

Real Estate Agent Real Estate Buyers Agents 476

Housing Wire

JANUARY 7, 2025

Ohio is projected to experience statewide population declines in 74 of 88 counties over the next 25 years, according to the Ohio Department of Development. Detroit Mayor Mike Duggan has expressed intentions to invest in the city’s housing development efforts for years to come.

Development 418

Development Investing Buyers Mortgage 418

Housing Wire

NOVEMBER 26, 2024

Department of Housing and Urban Development (HUD) shows new-home sales in October clocking in at a seasonally adjusted annual rate of 610,000 — a 17.3% After a year of strong results, sales of newly built homes took a major step back last month. Data released Tuesday by the U.S. Census Bureau and the U.S. decline year over year.

Inventory 448

Inventory Sellers Development Mortgage 448

Housing Wire

APRIL 14, 2025

The AI agent is reportedly adept enough to gather buyers preferences then cross-match these to available listings, offer property descriptions, and even guide virtual tours. This kind of development should be a wake-up call for the industry. And since the brokerage also serves international clients from the U.S.

Real Estate 342

Real Estate Agents Tools Brokerage 342

Housing Wire

MARCH 6, 2025

Sims was able to sell the properties quickly thanks to the deep and wide pool of buyers using Auction.com, with its more than 7.4 Like Richards, most Auction.com buyers are local community developers who have a deep knowledge of the markets and submarkets where they are buying. million registered users.

Sellers 354

Sellers Inventory Landlords Renovations 354

Housing Wire

DECEMBER 16, 2024

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. It created a buyer representation certificate for agents. Hanna said this led the company to revamp some of its agent education.

Real Estate 369

Real Estate Brokerage Agents Buyers 369

Appraisal Buzz

MARCH 25, 2025

Department of Housing & Urban Development (HUD) have announced new U.S. Berner added, With months of supply remaining in buyers market ranges for new builds, we continue to see more completed homes for sale than ones that havent been started yet. First, the growing inventory of existing homes for sale has given buyers more options.

Inventory 317

Inventory Construction Buyers Development 317

Housing Wire

DECEMBER 20, 2024

In a statement, Meeks said the legislation is designed to make homeownership more affordable by empowering first-time buyers and young families to get ahead by reducing monthly payments and encouraging faster equity accumulation. A representative at FHA did not immediately respond to HousingWire s request for comment. In November, the U.S.

Insurance 418

Insurance Mortgage Property Taxes Design 418

Appraisal Buzz

OCTOBER 23, 2024

Just waiting for the market to correct and find balance,” wrote one Auction.com buyer, in response to a survey regarding the impact of market conditions on bidding and purchasing behavior at auction. The survey was conducted between Sept. 25 and 27 and received responses from more than 140 people who have purchased properties on Auction.com.

Retail 370

Retail Marketing Inventory Development 370