Housing Wire

JANUARY 17, 2025

Todays housing starts data exceeded estimates; however, a closer examination of the report with the builder confidence reveals that the recent rise in mortgage rates , approaching 7.25%, has negatively affected builder sentiment. Since late 2022, our analysis indicates that mortgage rates in the 6%-6.5% range are positive to grow sales, whereas rates at 7% and above especially 7.50% or higher significantly impact the builder data.

Mortgage 404

Mortgage Housing Market Construction Marketing 404

Appraisal Buzz

JANUARY 17, 2025

Pending home sales fell 4.5% month over month in December on a seasonally adjusted basisthe largest decline since October 2022and dropped 2.3% year-over-year, according to a new report from Redfin. Homebuyer demand dipped at the end of the year as mortgage rates continued to climb. After inching downward at the beginning of the month, mortgage rates reversed course halfway through December and have been rising sincein part because the Federal Reserve projected fewer 2025 interest-rate cuts than

Contracts 397

Contracts New Listings Real Estate Agent Mortgage 397

Housing Wire

JANUARY 17, 2025

The U.S. Department of Justice (DOJ) announced this week that Mark Steven Diamond, who was accused of bilking elderly homeowners in a reverse mortgage and home repair scheme, was sentenced to 17 years in federal prison by the U.S. District Court for the Northern District of Illinois. Diamond was criminally indicted in 2017 and pleaded guilty last year to a federal charge of wire fraud affecting a financial institution, the DOJ said.

Mortgage 310

Mortgage Law Development Agents 310

Real Estate News

JANUARY 17, 2025

What does rebuilding look like and should we even continue to build in some of the areas affected by wildfires? Experts share their thoughts.

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Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Construction

Housing Wire

JANUARY 17, 2025

Compass is strengthening its presence in the Nutmeg State. On Friday, the largest brokerage in the country by sales volume announced that The Jennifer Leahy Team will be leaving Douglas Elliman to join the Robert Reffkin -helmed firm. Based in Greenwich, Connecticut, the team is led by Jennifer Leahy and consists of seven agents. The team was brokered at Douglas Elliman since 2020 and works across all sectors of the real estate market, from multimillion-dollar mansions to starter homes.

Inventory 331

Inventory Brokerage Real Estate Sellers 331

Housing Wire

JANUARY 17, 2025

As we head into 2025, Im optimistic about the Southern Nevada real estate market and the opportunities it presents. While the economic conditions are certainly shifting, I see several factors that could drive activity and create a dynamic year ahead. Economic landscape and interest rates The political climate is changing, and I believe this will contribute to a heating-up of the real estate market in the new year.

Real Estate 298

Real Estate Buyers Sellers Marketing 298

Appraisal Buzz

JANUARY 17, 2025

According to data from the Mortgage Bankers Association s (MBA) Builder Application Survey (BAS) for December 2024, mortgage applications for the purchase of new homes rose 8.9% over the previous year. The number of applications fell 3% from November 2024. Typical seasonal patterns have not been adjusted for in this update. Applications for newly built homes increased 9% compared to a year ago in December, while the FHA share of applications reached its second highest level in the surveys histor

Mortgage 195

Mortgage Contracts Inventory Appraisal 195

Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. If high mortgage rates and increased liquidity management arent challenging, then regulatory changes, operation inefficiencies, and economic uncertainty are enough. With high mortgage rates and stagnated origination, many financiers are focusing on mitigating risk and boosting efficiency.

Marketing 246

Marketing Real Estate Tools Investors 246

Real Estate News

JANUARY 17, 2025

The judge in the Gibson/Umpa case filed an order laying out plausible evidence that the brokerages used a reverse auction strategy to find the best deal.

Brokerage 193

Brokerage 193

Advertiser: Trellis

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.

Real Estate

Inman

JANUARY 17, 2025

In addition to it being the first full year under new CEO Eric Elfman, MoxiWorks has landed a significant round of financing to support its plans for the coming year.

Finance 135

Finance Buyers Real Estate Technology 135

BiggerPockets

JANUARY 17, 2025

Active inventory has been increasing since 2022. In fact, according to Realtor.

Housing Market 72

Housing Market Marketing Inventory 72

Inman

JANUARY 17, 2025

As real estate first responders, Dr. Lee Davenport writes, let us be mindful to fight fire with fairness and fair housing in mind.

Real Estate 133

Real Estate Agents Marketing 133

Mortgagebroker News

JANUARY 17, 2025

A key policy shift sparked a flurry of last-minute shopping, bringing holiday spending back on track

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Inman

JANUARY 17, 2025

Dozens of high-profile celebrities have lost their homes in the Los Angeles wildfires since last week, including Mandy Moore, Anthony Hopkins, John Goodman, Julia Louis-Dreyfus and more.

Brokerage 133

Brokerage Marketing 133

BiggerPockets

JANUARY 17, 2025

Is it a good time to invest in real estate?

Real Estate 65

Real Estate Investing 65

Inman

JANUARY 17, 2025

Real estate professionals aren't just in the business of helping people buy and sell houses; they are the guardians of the very idea of home, coach Darryl Davis writes.

Real Estate 133

Real Estate Business Realtors Brokerage 133

BiggerPockets

JANUARY 17, 2025

If anything has been learned from the LA wildfires, the answer posed in the title is, yes, it is possible to protect your property against wildfires.

Property Management 60

Property Management Landlords 60

Inman

JANUARY 17, 2025

Tune in to Inman Access, and learn how artificial intelligence will impact homebuying, homeselling and the consumer experience.

Real Estate 129

Real Estate Technology Agents 129

Mortgagebroker News

JANUARY 17, 2025

Transition comes as company slashes executive pay

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Inman

JANUARY 17, 2025

Kheyfets spent seven years as Block's Chief Operating Officer, and prior to that, led North American growth for Tractable, a unicorn in the AI accident and disaster recovery space.

Renovations 122

Renovations Home Improvement Technology 122

BiggerPockets

JANUARY 17, 2025

Is it a good time to invest in real estate?

Real Estate 45

Real Estate Investing 45

Inman

JANUARY 17, 2025

Agents have drawn on all their resources to play "matchmaker" to place people who don't need to use secondary properties with those who need housing in the area. Results are mixed, but it's working for some.

Agents 134

Agents Brokerage 134

BiggerPockets

JANUARY 17, 2025

Thinking about buying a duplex, triplex, or even a quadplex?

Investing 31

Investing Real Estate 31

Inman

JANUARY 17, 2025

Plan to require lenders working with Fannie and Freddie to use FICO Score 10 T and VantageScore 4.0 models by Q4 2025 has been dropped, with new implementation date "TBD.

Mortgage 121

Mortgage Government Finance Marketing 121

Housing Wire

JANUARY 17, 2025

A notice implemented into the reverse mortgage servicing process that is designed to flag potential foreclosures if they are in a federally declared disaster area could prove to be beneficial for any borrowers currently impacted by the Los Angeles-area wildfires , according to a servicing industry expert. Colorado fire and Ed Sharp After a reverse mortgage borrower in Superior, Colorado , was forced out of his home by the Marshall fire in December 2021 which burned more than 6,000 acres and cau

Mortgage 320

Mortgage Design Law Insurance 320

Inman

JANUARY 17, 2025

Los Angeles-based Luxury Presence, which launched as a website developer for luxury brands before evolving into a wide-ranging software provider, will unveil the solution at ICNY on Tuesday.

Brokerage 110

Brokerage Development Real Estate Technology 110

Housing Wire

JANUARY 17, 2025

Purchase mortgage applications for new homes rose 8.9% year over year in December 2024, according to a report released Friday by the Mortgage Bankers Association (MBA). Application volume decreased by 3% compared to November. MBA’s Builder Application Survey for December monitors application volumes across mortgage subsidiaries of U.S. homebuilders.

Mortgage 329

Mortgage Finance Housing Market Construction 329

Inman

JANUARY 17, 2025

Windermeres Principal Economist Jeff Tucker looks at mortgage rates and the factors that have pushed them up more than a point since September.

Mortgage 108

Mortgage Agents Marketing 108

Appraisal Buzz

JANUARY 17, 2025

Housing starts surged in December, increasing 15.8% compared with November to reach a seasonally adjusted annual rate of 1.499 million, according to the U.S. Census Bureau. Most of the increase was multifamily construction. Year-over-year, housing starts were down 4.4% compared with December 2023. Starts of single-family homes in December were at a rate of 1.05 million, an increase of 3.3% compared with November.

Construction 195

Construction Appraisal Mortgage Marketing 195

Inman

JANUARY 17, 2025

Home search portal and real estate services company Flyhomes has released a new consumer-facing, virtual home customization feature called Reimagine.

Real Estate 124

Real Estate Design Technology 124

Appraisal Buzz

JANUARY 17, 2025

The COVID-19 pandemic and other factors made it difficult to obtain good, affordable housing when President Joe Biden and VP Kamala Harris took office in January 2021. This increased the likelihood of homelessness and housing prices for families nationwide. The U.S. Department of Housing and Urban Development (HUD) has made significant progress in eliminating housing discrimination, increasing rental assistance for thousands of Americans, reducing housing costs, and increasing the supply of affo

Investing 195

Investing Reconsideration of Value Modernization Development 195

Inman

JANUARY 17, 2025

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Realty 103

Realty Real Estate Brokerage Agents 103