Housing Wire
FEBRUARY 24, 2025
Home prices in 2025 are a couple percentage points above where they were last year at this time. People often ask, How can it be possible that home prices are still climbing even though the cost of money is so much higher? There are obviously fewer buyers who can afford these prices. One reason that home prices have stayed elevated is that inventory nationally is still restricted.
Appraisal Buzz
FEBRUARY 24, 2025
To afford the $1,599 median-priced apartment, the ordinary minimum-wage earner in the U.S. would need to put in 106 hours each week, according to a recent Redfin report. Thats astoundingly higher than the average 40-hour work week. And according to Daryl Fairweather, Chief Economist at Redfin. Its virtually impossible for a minimum-wage worker to afford the typical apartment on their own.
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Housing Wire
FEBRUARY 24, 2025
Long-term care (LTC) will likely play a large part in the lives of Americans as the population continues to age, but financing it can be a financial challenge for people particularly on a fixed income. While many retirees often do not intend to tap their home equity to finance such moves, they may often end up doing so. This is according to a new research brief published by Boston College s Center for Retirement Research.
Appraisal Buzz
FEBRUARY 24, 2025
After hitting a two-year high in September 2024, mortgage refinance activity is once again slowing as interest rates remain elevated. While refinancing demand surged briefly when rates dipped, it quickly contracted again following another rate spike in October 2024. Refinance activity is historically tied to interest rate movements. When mortgage rates hit record lows in 2021, refinancing volume soared, exceeding $2.2 trillion in the first 10 months of the year.
Advertiser: Trellis
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.
Housing Wire
FEBRUARY 24, 2025
The ongoing legal dispute between Texas Capital Bank (TCB) and Ginnie Mae added a new chapter this week. The bank is opposing a government request for a summary judgment that would hand a victory to Ginnie Mae, according to court filings reviewed by HousingWire s Reverse Mortgage Daily (RMD). Government attorneys filed a motion for summary judgment a decision made by the judge instead of a jury on Jan. 10 for all remaining claims in this case.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 24, 2025
The luxury real estate market is on a growth trend early in 2025. This success pushed one of the countrys top luxury real estate brands to a strong year for sales volume. Sothebys International Realty recently released its 2024 performance report. According to the report, Sothebys did $157 billion in global sales in 2024, and its U.S. sales volume increased 9.4% year over year.
Appraisal Buzz
FEBRUARY 24, 2025
In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser. Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents.
Housing Wire
FEBRUARY 24, 2025
Mr. Cooper won’t be onboarding as many Flagstar Bank employees as initially projected in its $1.4 billion deal to acquire the depository bank’s residential mortgage servicing operations. Multiple sources told HousingWire that Flagstar began layoffs on Friday. The employees said that additional terminations will be staggered over the coming months, with official severance documents to come at a later date.
Appraisal Buzz
FEBRUARY 24, 2025
U.S. home prices increased 0.1% in January compared the December and were up 3.3% compared with January 2024, according to First Americans House Price Index report. The report shows that home price growth has slowed significantly in the past six months. And with mortgage rates still hovering just below 7%, it appears the housing winter is likely to linger for quite a while longer.
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.
Housing Wire
FEBRUARY 24, 2025
While many agents are all-in on Instagram, TikTok, or YouTube, theres another social media platform thats incredibly powerful: LinkedIn. Using LinkedIn for real estate is a hidden gem for connecting with local business professionals. It also allows you to target your prospecting in a more purposeful way, since you can search by job title and company.
George Dell
FEBRUARY 24, 2025
We have reviewed the four time adjustment strategies, as noted in the FHFA Working Paper 24-07. Editor’s Note: Read the entire series (so far) here. We now shift over to the response of Fannie Mae, and requirements per their Selling Guide effective February and March of 2025. Briefly, the words are simple. Acceptable methods include: […] The post Unacceptable Time?
Housing Wire
FEBRUARY 24, 2025
When confronted with the possibility of a market shutdown and a prolonged rent holiday in California at the onset of the COVID-19 pandemic, Scott Brady began looking for ways to further diversify his business model. Brady, the broker-owner of Partners Real Estate Group , already had a property management arm for his business through Progressive Property Management.
Inman
FEBRUARY 24, 2025
Tax season is officially underway. Amy Chorew and Maeda Palius share strategies to help you prepare and organize documents so that you can make the process as stress-free as possible.
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.
Housing Wire
FEBRUARY 24, 2025
Maverix Advisory Group has added industry veteran Kevin Van Eck to its leadership roster. Van Eck will assume the role of principal after a 16-year tenure at @properties. He served in multiple positions there, most recently as president of affiliate strategy at Christies International Real Estate, which was acquired by @properties in 2021. Maverix CEO Jeff Kennedy said that Van Ecks experience in scaling technology , boosting the productivity of agents and optimizing brokerage operations makes h
Eyes on Housing
FEBRUARY 24, 2025
NAHBs analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates gains for custom home builders after a period slight softening of market share. The custom building market is less sensitive to the interest rate cycle than other forms of home building. There were 47,000 total custom building starts during the.
Inman
FEBRUARY 24, 2025
Gitcha is an online marketplace that helps buyers and renters make public notices for desired properties that has launched in California to assist Los Angeles wildfire victims.
Real Estate News
FEBRUARY 24, 2025
This outdated "professional courtesy," once expected of buyer agents, has passed its expiration date especially as liability risks have increased.
Inman
FEBRUARY 24, 2025
Vacant lot listings that have hit the market in the past few weeks are often receiving dozens of inquiries. As of Monday, about two dozen lots had been listed, an analysis of Zillow listings indicates.
Real Estate News
FEBRUARY 24, 2025
While agents tend to shop around in January, movement was unusually subdued last month. To woo top talent, brokerage leaders may have to get creative.
Inman
FEBRUARY 24, 2025
At $17.3 milllion, Q4 2024 net loss is up 28 percent from the previous quarter, as homes acquired dipped 9 percent to 384, homes sold fell 18 percent to 503, and profits on each sale fell by 24 percent.
Appraisal Buzz
FEBRUARY 24, 2025
There were about 40,000 foreclosure starts in January, a surge of 30% compared with December and an increase of about 17.5% compared with January 2024, according to ICE Mortgage Technologys First Look report. This was mainly driven by an expiration in the VA foreclosure moratorium. However, the U.S. mortgage delinquency rate fell to 3.47%, a decrease of 6.56% compared with December but up 2.83% compared with January 2024.
Inman
FEBRUARY 24, 2025
Apollo Global Management is buying Bridge Investment Group. Apollo is best-known in the residential real estate world for buying Anywhere, back when it was known as Realogy.
Appraisal Buzz
FEBRUARY 24, 2025
Xactus , offering verification solutions for the mortgage industry, has introduced Intelligent Verification what the firm calls a new class of technology. Built on valuable insights derived from verification data, Intelligent Verification shifts how the industry originates and services mortgages from inefficient, inflexible manual processes to dynamically configurable workflows, the company says in a release.
GoForrmz
FEBRUARY 24, 2025
Real-time data, streamlined workflows, and efficient quality control processes Data is an ever-present force, and in an industry where real-time access to precise information is essential, the importance of digital forms cannot be overstated for food processing facilities. These facilities operate in environments where every second counts, requiring streamlined processes and precise data to ensure efficiency, compliance, and product quality.
Appraisal Buzz
FEBRUARY 24, 2025
The Mortgage Collaborative (TMC), a consortium of mortgage lenders dedicated to innovation and collaboration, has released its latest Pulse of the Network report , offering key insights into the challenges and opportunities shaping the mortgage industry in 2025. The survey, conducted with decision-makers-including CEOs, COOs, and department heads from banks, credit unions, and independent mortgage banks (IMBs)-highlights how lenders are preparing for a shifting market landscape.
Inman
FEBRUARY 24, 2025
Kevin Van Eck is stepping away from his leadership role at @properties Christies International Real Estate to become a principal at Maverix Advisory Group.
Lamacchia Realty
FEBRUARY 24, 2025
The North Shore of Massachusetts offers some fantastic winter walks, perfect for snowshoeing and cross-country skiing and an opportunity to enjoy the wildlife and scenery during the winter months. Maudslay State Park in Newburyport, MA 74 Curzon Mill Road, Newburyport, MA Maudslay State Park includes over 16 miles of trails that wind through meadows, forested areas, and along the Merrimack River, perfect for snowshoeing, hiking and cross country skiing.
Inman
FEBRUARY 24, 2025
With the right mindset and consistent lead gen, broker Nick Schlekeway writes, you can break out of the stop-and-start pattern and build a business that grows steadily over time.
Town & Country Residential Appraisals
FEBRUARY 24, 2025
As winter fades and the days grow longer, many homeowners are eager to welcome the warmth of spring. The snow-covered rooftops and glistening icicles that once defined the season are slowly melting away. While the sight of icicles may have been charming in the heart of winter, they often signal an issue that shouldn't be ignoredeven as the season changes.
Inman
FEBRUARY 24, 2025
Early signs suggest consumers may be feeling more hopeful about prices and mortgage rates, and increasingly see 2025 as a good time to buy, new Inman-Dig Insights consumer polling shows.
BiggerPockets
FEBRUARY 24, 2025
One dead giveaway that a real estate influencer is really more of a fake guru is an overemphasis on cash flow.
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