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The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires , a response to the recent pullback in policies by several major insurers. Announced by California insurance commissioner Ricardo Lara on Monday, the regulation is under administrative review and is set to take effect by the end of January, according to reporting by The Associated Press (AP).
U.S. home prices increased 0.4% in October compared with September and were up 4.5% compared with October 2023, according to the Federal Housing Finance Agencys (FHFA) seasonally adjusted monthly home price index. Among nine geographic divisions defined by the U.S. Census, the change in seasonally adjusted monthly home prices between September and October ranged from -0.4% in the Pacific division to 1.0% in the West South Central division.
Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, and expanded activities in reverse that stemmed from acquisitions and expansions of existing divisions. Continuing this momentum into 2025 is a priority for many in the reverse mortgage space, according to conversations with leaders at various industry lenders.
According to Zillow s most recent market research, the erratic and abrupt changes in mortgage rates that had a significant impact on the housing market in 2024 will undoubtedly be a significant factor in the upcoming year. According to Zillows estimate, a prediction of gradually falling mortgage rates in 2025 portends modest growth in both sales and home price appreciation.
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.
Results Realty ERA Powered , located in St. Charles, Illinois, has acquired Chicago s Mark Allen Realty, giving the combined firm three offices and 80 agents. Mark Allen, led by broker Matt Liss, will now operate as Mark Allen Realty ERA Powered. Joining forces with Matt and his associates allows us to expand our reach in Chicagoland andpositively impact more lives, Judy Cox, founder of Results Realty, said in a statement.
Industry members argue in the new lawsuit that NAR and other defendants have engaged in anticompetitive practices. They want restitution and an end to rules they don't support.
Industry members argue in the new lawsuit that NAR and other defendants have engaged in anticompetitive practices. They want restitution and an end to rules they don't support.
HousingWire real estate reporter Jeff Andrews sat down with John DiMichele, the new chair of the Council of Multiple Listing Services (CMLS), to discuss the state of MLSs and their future in a rapidly changing real estate environment. This interview has been edited for length and clarity. Andrews: Where do you see the MLS space right now and where do you think its going?
The top U-Haul Growth Metro of 2024 is the Dallas-Fort Worth-Arlington (DFW) metropolitan area, or DFW Metroplex. In terms of U-Haul customers bringing one-way equipment into and out of metro areas last year, Charlotte, NC, Phoenix, Lakeland, FL, and Austin, Texas, round out the top five U.S. growth metros. Metros are included in the yearly growth reports and rankings of the do-it-yourself moving firm for the first time this year.
After remaining largely stable during the second half of 2024, recent threats from agents and local associations could result in further declines this year.
Beyond his presidency, the late President Jimmy Carter was a tireless advocate for democracy, human rights, social progress and affordable housing, in part through his work with Habitat for Humanity.
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.
Louisiana agents are the latest to sue NAR over membership rules that limit MLS access and alleged reputational damage caused by scandals and lawsuits.
New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say.
A new presidential administration and a Supreme Court decision could affect how the Justice Department approaches the real estate industry in the new year.
When it comes to home finance, every detail matters, Ojo Labs' Chris Heller writes. That's why choosing the right mortgage partner to refer your clients to is so important.
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.
Home price growth continued to slow in October, growing at a rate of 3.60% year-over-year, according to the S&P CoreLogic Case-Shiller Home Price Index (seasonally adjusted – SA). This marks a decline from the 3.90% growth rate recorded in September and represents the seventh consecutive drop in the annual growth rate since reaching a peak.
Coach Aaron Hendon argues that, far from being a small thing, the power of language and semantics can change your mindset, your life and your business.
The brokerage announced its plans to extend operations beyond its core focus in Manhattan with a new office in Brooklyn's trendy Dumbo neighborhood, executives announced last week.
Lisa Kudrow and Ray Romano lead a cast of characters wrestling with demons and turning to real estate. It's the rare show that explores the symbolic power of home and home sales.
Bernice Ross talks with real estate marketing expert Tiffany McQuaid, who shares insights gleaned from her latest book to help operate from a place of authenticity and intention.
Craig Rowe reviews a recruiting and retention solution called 3 Data Pulse, designed to assist real estate teams, brokers and operations personnel in agent recruiting, retention and management.
The sexual assault lawsuits against Oren Alexander keep piling up. A woman filed a civil suit in Colorado this week, alleging that the New York real estate broker and his twin brother Alon drugged and raped her in 2017 when she was 17 years old. Its the fifth known civil suit against one or more of three Alexander brothers. Maylen Gehret claims that she met the brothers in Aspen, Colorado, at the Winter X Games.
Education, inspiration and entertainment: You'll find it all on Instagram. Jimmy Burgess shares the 25 must-follow accounts tailor-made for real estate agents in 2025.
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The lawsuit filed on Monday alleges that the brothers in 2017 lured a 17-year-old minor and her two friends to their hotel room where they then sexually assaulted the women.
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