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Redfin has conducted a survey of its agents across the industry to gauge key insights into the challenges and opportunities facing todays real estate professionals. In its 2025 Industry Survey , Redfin dug deeper into how real estate agents view their careers, the housing market, and other hot-button industry issues. The 2025 Industry Survey highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry
Liberation Day has finally arrived, and what a wild day its been! The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. But the real game changer? Those anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currently trading at 4.13%. Since we believe in the close relationship between the 10-year yield and mortgage rates , we expect mortgage rates to decrease tomorrow if bond yields continue to decline.
According to a ValuePenguin survey of nearly 2,000 U.S. consumers , two in three home insurance policyholders said their rates rose in 2024. The survey found that, in just a year, the rate of home insurance policyholders who worry their homes will become uninsurable nearly doubled, with 50% of policyholders fearing this will happen, up from 26% in 2024.
What does UWM’s Mat Ishbia think about Rocket Companies ‘ pending $9.4 billion deal for Mr. Cooper ? “The truth is, it’s fantastic,” he said on a Wednesday morning sales call with broker partners. “Because sometimes if you think someone is someone, and you don’t really know, and then you see who they really are, it’s very clear.” Ishbia said he had “no ill will” toward Rocket and respects their strategy. “But it’s not
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
One Real Mortgage , the mortgage broker arm of The Real Brokerage Inc., is setting a new standard for loan officer empowerment with the launch of an innovative recruiting and coaching compensation program, and an exclusive stock awards program. These industry-first initiatives aim to reward entrepreneurial excellence, offering LOs opportunities to build wealth while contributing to the companys continued growth.
Mortgage applications decreased 1.6% from last week , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 28, 2025. The index decreased 1% on an unadjusted basis compared with the previous week. The refinance index decreased 6% from the previous week but was still 57% higher than the same week one year ago.
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According to data from Realtor.com , the median national home price in the United States is $412,000, and for Americans who want to own a home, the magic number of days they must work each month to afford the mortgage payment is 10. However, in certain states, people may be obliged to labor up to 17 days, which is an additional week. The number of workdays required to afford a home today stems from a couple factors, said Charlie Lankston, Executive Editor of Realtor.com.
Fathom Holdings Inc. has introduced “Elevate,” a new program aimed at increasing real estate agent productivity through marketing, lead generation , transaction support and coaching. The initiative, available to all Fathom Realty agents , includes a 20% commission split and offers services designed to streamline agent operations and drive profitability.
In the ongoing conversation about housing affordability, non-cash rentals remain largely under the radar, despite serving as a crucial lifeline for over 2.1 million U.S. households. These arrangementswhere tenants live in a home without paying rentexist in three main forms: housing on military bases, homes provided as part of employment, and housing given for free by friends or family.
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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.
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Supreme Lending is adding a seasoned veteran to its leadership team. The company announced Wednesday that Sarah Middleton has been hired as its Chief Growth Officer and Chief Marketing Officer, roles in which she will lead growth strategy, recruiting, marketing and brand. Supreme Lending was drawn to Middletons experience in mortgage with building teams and driving visibility.
Big changes are on the horizon! In this episode, were diving into the upcoming UAD updates and what they mean for the industry. And who better to break it all down than the newest Valuation Visionary, Liz Green? Well discuss the road ahead, the challenges of industry-wide adoption, and how to get everyone on the same page. Plus, Liz shares what this prestigious recognition means to her and the impact shes had on the field.
New York-based Roam , a platform for purchasing a home with an assumable low-rate mortgage included, announced on Wednesday that it has secured $11.5 million in Series A funding led by Keith Rabois of Khosla Ventures , who is a co-founder of Opendoor. The announcement from Roam confirmed that Founders Fund also participated in the funding round, and that Rabois and fellow Opendoor co-founder Eric Wu are joining Roam’s board.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
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Mortgage applications decreased 1.6% during the week ended March 28, as the average rate for a 30-year, fixed-rate mortgage dropped to 6.70%, down from 6.71% the previous week, according to the Mortgage Bankers Associations (MBA) Weekly Applications Survey. Applications for refinances decreased 6% compared with the previous week but were up 57% compared with the same week one year ago.
On the heels of launching a new proprietary reverse mortgage product, Mutual of Omaha Mortgage has announced the hiring of reverse mortgage industry veteran Tracy Milligan to serve as its director of strategic initiatives. Milligans reverse mortgage industry experience goes back to the early 2000s, having served for five years as an underwriting manager with Financial Freedom.
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group.
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U.S. District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers.
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As the largest brokerage in the country by transaction side count , eXp Realty is looking to make it easier for more agents to sponsor recruits and join the companys revenue share plan. On Wednesday, eXp announced it was adding a co-sponsor option to its revenue share program, allowing two existing eXp agents to sponsor a new agent. New agents and advisers who join eXp can now select both a primary sponsor and a co-sponsor.
The number of households that can only afford homes under $300K far exceeds the supply at that price point, while there is a glut of homes valued at $2M and up.
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