Fri.Jan 03, 2025

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California will require home insurers to offer policies in high-risk wildfire areas

Housing Wire

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).

Insurance 430
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NAR membership dips below 1.5M — will losses continue?

Real Estate News

After remaining largely stable during the second half of 2024, recent threats from agents and local associations could result in further declines this year.

Agents 329
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Reverse mortgage leaders on partnering with the forward side in 2025

Housing Wire

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.

Mortgage 386
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A new year brings new litigation over mandatory membership

Real Estate News

Louisiana agents are the latest to sue NAR over membership rules that limit MLS access and alleged reputational damage caused by scandals and lawsuits.

Agents 273
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

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Future-proofing real estate: Why developers are turning to modular for sustainability and resilience

Housing Wire

In response to drastic economic changes and environmental concerns, industries are quickly realizing the benefits of investing in sustainable practices that can positively impact their business operations. Modular construction provides housing developers with the opportunity to engage in sustainable building practices while dialing back on traditional cost increases making it the ideal solution for industry leaders who are looking for greater resiliency in the face of unpredictable material and

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ERA-backed Results Realty expands in Chicago with Mark Allen acquisition

Housing Wire

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.

Realty 376
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CFPB Examines Servicer Relationships in Times of Crisis

Appraisal Buzz

It is stressful enough having to deal with a life-changing event like divorce or the death of a loved one, but a new report by the Consumer Financial Protection Bureau (CFPB) reveals that some mortgage companies are taking advantage of the stress and grief, pushing homeowners to take on new, higher-interest loans when the original borrower is no longer in the picture.

Legal 222
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New CMLS leader John DiMichele on the state of multiple listing services

Housing Wire

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?

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FHFA: U.S. Home Prices Continued to Rise in October, But More Slowly

Appraisal Buzz

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.

Inventory 195
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Jimmy Carter’s affordable housing mission leaves a lasting legacy

Inman

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.

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Will Home Sales Increase in 2025?

Appraisal Buzz

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.

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Choosing mortgage partners who deliver for your clients

Inman

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.

Clients 148
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Home Prices Continue to Slow in October 

Eyes on Housing

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.

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Louisiana agents latest to file suit over divisive NAR 3-way agreement

Inman

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.

Agents 150
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Redefining retirement: How older Canadians are changing the game

Mortgagebroker News

Five key trends set to reshape how seniors are supporting their families

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Real estate marketing for 2025: Get ready to go all in

Inman

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.

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Canadian housing market set for strong rebound in 2025 – analysts

Mortgagebroker News

Is the housing market finally turning a corner?

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Growth goals for 2025? 3 Data Pulse can help: Tech Review

Inman

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.

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EQB Inc. renews and expands share repurchase program

Mortgagebroker News

Company ups the ante with buyback program

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2024, a year in review: Inman’s Top 5 stories of the week

Inman

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 130
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It’s About to Get Good! (2025 Housing Market Predictions)

BiggerPockets

Today, were releasing our 2025 housing market predictions, and lets just say were feeling optimistic about the future.

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Your mindset? It’s all about semantics, dude

Inman

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.

Business 130
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How to Make an Extra $100 a Day in 2025 (Working from Home!)

BiggerPockets

Want to know how to make $100 a day in 2025, all while working from home?

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Netflix’s ‘No Good Deed’ a fun treatise on the power of home

Inman

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.

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It’s About to Get Good! (2025 Housing Market Predictions)

BiggerPockets

Whats the right way to build your real estate portfolio? Once youve taken down your first rental property, should you focus on paying it off?

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New listings rise while high rates tamp down homebuyer demand

Inman

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.

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Oren Alexander faces another rape allegation

Housing Wire

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.

Brokerage 387
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Coldwell Banker Warburg expands into Brooklyn with Dumbo office

Inman

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.

Brokerage 122
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Moving On: A Look at 2024 Migration Trends 

Appraisal Buzz

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.

Clients 195
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25 Instagram accounts to follow for learning and laughter in 2025

Inman

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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Construction Code Violations and Expertise Appraisals

Appraisal Today

Newz: Appraiser Humor, Mortgage Rate Changes, New GSE Time Analysis January 3, 2025 Whats in This Newsletter (In Order, Scroll Down) LIA – Code Violations and Expertise Mortgage Rate History Since 1971 What about 2025? Hurricane-Proof $600K Dome Home on Floridas Space Coast Lyle Radke of Fannie Mae with George Dell, SRA, MAI, ASA, CRE to discuss upcoming changes by the GSEs on Time Analysis Backers of most U.S. mortgages (GSEs) have done little about climate risks Top Ten Reasons Why It Is

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Oren and Alon Alexander named in new lawsuit alleging rape in Aspen

Inman

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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Advocates call for accessibility in Canada's housing

Mortgagebroker News

A crisis highlights the need for more inclusive and accessible homes

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