Sat.Mar 15, 2025

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Lower mortgage rates spark housing demand heading into spring

Housing Wire

Earlier this year, when mortgage rates soared to 7.26%, a cloud of worry hung over the housing market many feared that home sales would tumble in 2025, fueled by concerns about inflation and tariffs. But when it seemed doom and gloom would prevail, the 10-year yield dropped, pulling mortgage rates lower in a lovely slow dance. This unexpected turn of events breathed new life into the market, pushing purchase application data into positive territory for the year.

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The 2024 Portland Region Condominium Housing Market in Review

Portland Appraisal Blog

Via Unsplash The first quarter of 2025 is already drawing to a close, but let’s take the time to review how the Portland Region’s condominium market performed in 2024. High mortgage interest rates have been a concern in all segments of the housing market and condominiums were no exception. To be direct, 2024 was not a great year for condos.

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Zillow exec: ‘I don't see the benefit of hiding inventory, ever’

Real Estate News

Errol Samuelson believes consumers and agents are being misled about private listings, and for big brokerages, any competitive advantage would be short-lived.

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Human Expertise vs. AI in Appraisal Management: Which Delivers Better Results?

AmeriMac

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Appraisal management involves coordinating and overseeing the valuation process to ensure compliance with industry standards like USPAP in the US. It includes selecting skilled appraisers, reviewing their reports for accuracy, and managing timelines and communication.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

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.

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Brokerage Beat: News from United, C21, The Agency, more

Real Estate News

United's Charles Rutenberg grows with merger in S. Florida; Century 21 gains Colorado affiliate; The Agency opens in Nicaragua; Compass nabs $1B agent; more.

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Judges rule that CFPB, HUD probationary employees still have jobs — for now

Housing Wire

In separate rulings this week, federal judges in Maryland and California told the Trump administration that it must reinstate thousands of probationary employees who were let go without advance notice or cause. These include many at the Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Housing and Urban Development (HUD). “When the federal government terminates large numbers of its employees, including those still on probation because they were recently hired or promot

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The industry’s biggest names are weighing in on CCP: The Download

Inman

Leaders across the real estate landscape are sharing their perspectives on the CCP and what its possible end would mean for consumers and the housing market.