Housing Wire
JANUARY 20, 2025
New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Those sales gains have evaporated and even reversed. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago.
Appraisal Buzz
JANUARY 20, 2025
What Poetry and Data Analysis Have in Common We will call this place our home. The dirt in which our roots may grow Though the storms will push and pull We will call this place our home. We’ll tell our stories on these walls. Every year, measure how tall And just like a work of art We’ll tell our stories on these walls. Verses 1 and 2 of North, by Sleeping At Last They may seem worlds apart, but poetry and market analysis have something in common.
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Housing Wire
JANUARY 20, 2025
Cybercrime losses rose to a record high of $12.8 billion in 2023, according to the FBI’s Internet Crime Report , and 2024 saw more of the same. Consider these stats: FundingShield reported that 45.5% of loans processed in Q4 2024 had issues that lead to wire fraud risks. NDP Analytics reported that in just one month in 2024, 19% of firms reported a seller impersonation fraud attempt.
Eyes on Housing
JANUARY 20, 2025
The worst on record rental affordability conditions, depleted excess savings of the pandemic era, and high mortgage rates halted the post-pandemic trend of young adults moving out of parental homes. The share of adults ages 25-34 living with parents or parents-in-law hovered just above 19% in 2023, stagnant from 2022, according to NAHBs analysis of.
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Housing Wire
JANUARY 20, 2025
A comprehensive report on homeowners insurance released by the Treasury Department this week outlined the cost of climate challenges on homeowners. Notably, the report found that homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with the lowest climate risks and had nonrenewal rates that were 80% higher than those inlow-risk areas.
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Housing Wire
JANUARY 20, 2025
Inaction is easy. Its quiet; unwritten; immune from critique. It sits undone; confidently static. But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopaths diary entry: We could have watched you grow up, but your grandpa and me werent willing to give up our 2.875% rate to move closer to you. Your mother and I could have sent you to good schools, but we just didnt have the energy to problem-solve a new monthly payment.
Inman
JANUARY 20, 2025
This Martin Luther King Jr. Day, Julia Lashay Israel encourages real estate professionals to honor Dr. Kings legacy not just with words but with action by promoting fair housing and homeownership.
Housing Wire
JANUARY 20, 2025
In this weeks episode of the PowerHouse podcast, HousingWire President Diego Sanchez talks with Lower CEO Dan Snyder about the digital lenders recent acquisition of Neat Labs , its in-house tech development efforts and coaching programs for top producers. This conversation has been edited for length and clarity. To start the conversation, Sanchez asks a question about Lowers most recent acquisition.
Real Estate News
JANUARY 20, 2025
Industry veterans and pro musicians channel their hopes into a song thats meant to point people toward positive change in a time of "so much hate.
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Housing Wire
JANUARY 20, 2025
The time has come to highlight game-changing real estate professionals who adhered to the gold standard of brilliance in 2024. RealTrends Verified has opened the submissions period for its 2025 rankings, alongside a series of big-time enhancements. This year’s rankings mark a new chapter in the journey for RealTrends Verified and real estate professionals won’t want to miss out.
Real Estate News
JANUARY 20, 2025
In a first for the industry, NMMLS mandates floor plans on all listings and hopes other MLSs will follow its lead. Plus, Waco Realtors joins NTREIS.
Appraisal Partners Blog
JANUARY 20, 2025
Introduction The residential appraisal is a cornerstone of the real estate world, yet it’s often shrouded in mystery for many homeowners. Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation?
Real Estate News
JANUARY 20, 2025
While the firms are operating at very different scales, they're each focused on growth, with KW gaining ground in Toronto and LPT nabbing 11 Livian teams.
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Inman
JANUARY 20, 2025
Agents told Intel that artificial intelligence has "significantly" boosted their productivity while others reported less promising results. See what tools they're using that other agents are not.
GoForrmz
JANUARY 20, 2025
The biggest benefit of having GoFormz is the visibility of our data across Acumatica. Previously it was captured manually and stored in various locations. If you didnt have access to those locations, you didnt have access to the forms. — Kimberly Malone, Systems Administrator, Industrial Specialty Services About Industrial Specialty Services Based in Deer Park, Texas, Industrial Specialty Services caters to customers in the downstream oil and gas sector, focusing on leak sealing, mainten
Inman
JANUARY 20, 2025
Costs and lawsuits are on the rise. Make sure that your marketing and practices don't set you up for a fair housing violation or accusation with help from Dr. Lee Davenport.
Mortgagebroker News
JANUARY 20, 2025
Will the central bank cut interest rates this January?
BiggerPockets
JANUARY 20, 2025
Weve got great news for investors, agents, lenders, and first-time homebuyers: housing inventory is about to risebig time.
Mortgagebroker News
JANUARY 20, 2025
Did the government consider introducing the measure?
BiggerPockets
JANUARY 20, 2025
Laura Sides had zero real estate investing experience not too long ago. But, within just six weeks, she made $100,000 on her first real estate deal.
Mortgagebroker News
JANUARY 20, 2025
Economists share their predictions as Canadian businesses brace for impact of proposed tariffs
BiggerPockets
JANUARY 20, 2025
Want to retire early? Then, STOP buying rental properties.
Mortgagebroker News
JANUARY 20, 2025
Crisis-era measures under fire as economy faces uncertainty
Appraisal Buzz
JANUARY 20, 2025
According to the findings of a recent research conducted by the Partnership for Public Service , the U.S. Department of Housing and Urban Development (HUD) ranks among the top 10 federal agencies for employee and customer experience. HUD placed in the top 10 for customer and employee experience out of 21 Cabinet-level and sizable organizations that were examined.
Mortgagebroker News
JANUARY 20, 2025
Complimentary industry event is heading west
Appraisal Buzz
JANUARY 20, 2025
The Consumer Financial Protection Bureau (CFPB) has finalized a rule that will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans. The rule bans the inclusion of medical bills on credit reports used by lenders and prohibits lenders from using medical information in their lending decisions. It will also increase privacy protections and prevent debt collectors from using the credit reporting system to coerce people to pay bills they dont owe.
Mortgagebroker News
JANUARY 20, 2025
Tariff threats had sparked fears of a recession, trade war, and a potential sea change in the Bank of Canada's approach
Appraisal Buzz
JANUARY 20, 2025
Applications for mortgages for new home purchases increased 8.9% in December compared with November but were down 3% compared with December 2023, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS). Applications for conventional loans composed 60.1% of loan applications for new homes, while FHA loans composed 29.4%, RHS/USDA loans 0.5%, and VA loans 9.9%.
Inman
JANUARY 20, 2025
President-elect Donald Trump promised to begin deporting millions of undocumented immigrants on Inauguration Day. Here's how his plan could disrupt housing starts and reduce affordability.
Appraisal Buzz
JANUARY 20, 2025
Redfin has found that roughly one of every seven (14%) homes within the perimeters of the Palisades and Eaton fires in the Los Angeles area have been destroyed or damaged. Thats a total of 6,354 homes; of those, 5,449 (86%) were destroyed, and 905 (14%) were damaged. When examining all of Los Angeles County, 0.17% of all homes were destroyed or damaged by the Palisades or Eaton fires.
Housing Wire
JANUARY 20, 2025
What are President Trumps priorities for housing in his second term? That’s the burning question for professionals in real estate, mortgage, title, appraisal and homebuilding and the answer started to take shape on the president’s first day in office Monday. The theme of Trumps inaugural address was focused on making America great again, but there was nothing in the speech that was specific to housing.
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