Housing Wire
JANUARY 14, 2025
Fannie Mae ‘s latest Home Price Index (HPI) shows single-family home prices increased 5.8% from Q4 2023 to Q4 2024, a surprising increase from the previous quarter’s downwardly revised annual growth rate of 5.4%. Quarterly, home prices rose a seasonally adjusted 1.7% in Q4 2024, an increase from the downwardly revised 1.2% growth rate in Q3 2024.
Appraisal Buzz
JANUARY 14, 2025
Homeowners enjoying the equity gains of soaring property values are now contending with an unwelcome consequence: skyrocketing property taxes. Over the past few years, property tax payments have climbed sharply in many regions, particularly in states once regarded as affordable. This surge reflects a broader challenge of housing affordability as costs continue to rise.
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Housing Wire
JANUARY 14, 2025
Does experience matter for first-year Realtors? If you dig a little deeper into the backgrounds of the agents on the Real Trends Verified list, you might think so. Most have blue-chip professional experience or personal connections with wealthy homeowners. Some have both. But Brandon Halperin had neither. He was a bartender who started his real estate career in a market that was brand new to him.
Appraisal Buzz
JANUARY 14, 2025
The American Dream is alive and thriving, according to a new survey from Realtor.com , which found nearly two out of three Americans (64%) identify homeownership as one of their life goals, while 50% believe homeownership is necessary to achieving long-term wealth. Laura Eddy, VP Research and Insights for Realtor.com , said, Home, and land, ownership has been a part of the American Dream for generations, and while current conditions around affordability and the availability of homes make ownersh
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
JANUARY 14, 2025
Mortgage rates continued their ascent this week after Fridays jobs report showed that employers added more positions than expected in December, which is likely to cement a pause on interest rate cuts by the Federal Reserve later this month. HousingWires Mortgage Rates Center showed that the average 30-year conforming loan rate was 7.15% on Tuesday, up 6 basis points (bps) from a week ago.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 14, 2025
When I started my first brokerage in my late twenties, I was full of ambition but had no idea what to expect. While I would like to say I knocked it out of the park on my first try, I had to make many mistakes before considering myself an expert. Despite the learning curve, becoming a broker has been one of the most fulfilling decisions of my career.
Sacramento Appraisal Blog
JANUARY 14, 2025
It’s great news that 2024 performed better than the 2023 housing market. Seeing more buyers and sellers able to participate is absolutely what we want to see. Let’ get into it. Skim quickly by topic or digest slowly. UPCOMING SPEAKING GIGS: 1/15/25 Mike & Joel free Zoom event (REGISTER FOR WEDNESDAY) 1/16/25 Sac Real Producers […] The post The 2024 housing market was better than 2023 first appeared on Sacramento Appraisal Blog.
Housing Wire
JANUARY 14, 2025
As wildfires continue to ravage the LA area a week after starting, the impact on insurance premiums and costs to rebuild are still very uncertain. Despina Buganski, head of North America personal lines for global insurance brokerage and consulting firm WTW , sat down with Reporter Sarah Wolak to talk about how the company is assessing responses from past wildfires as it anticipates the damages from the Palisades and Eaton fires.
Appraisal Buzz
JANUARY 14, 2025
The most recent reading of the Fannie Mae Home Price Index (FNM-HPI) showed that single-family home prices climbed 5.8% from Q4 2023 to Q4 2024, accelerating from the downwardly revised annual growth rate of 5.4% in the previous quarter. The average quarterly price change for all single-family homes in the U.S.excluding condosis measured by the FNM-HPI, a national repeat-transaction home price index.
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
JANUARY 14, 2025
Leading brokerage Compass announced some key leadership moves this week to bolster its operations in the Southeast, including Florida. The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. Adam Vellano was promoted to managing director of the South Florida market. And Erika Sheridan was promoted to senior director of marketing and operations in the Southeast.
Inman
JANUARY 14, 2025
As the industry continues to evolve, the ability to convert market trauma into strategic wisdom will separate the next generation of leaders from those who remain trapped in reactive cycles, marketing strategist Molly McKinley writes.
Housing Wire
JANUARY 14, 2025
Troubled rent-to-own startup Divvy Homes will be acquired by Maymont Homes , a division of Brookfield Properties that manages single-family rental homes. Divvy and Maymont have not released any formal statements to announce the acquisition. Fast Company reported the move last week, describing it as a “fire sale” based on multiple unnamed sources.
Inman
JANUARY 14, 2025
After languishing on the market for more than a decade, the basketball legend's Highland Park, Illinois, estate is now a timeshare, with co-ownership beginning at $1 million, plus 2 percent annual expenses.
Advertiser: Trellis
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Housing Wire
JANUARY 14, 2025
The on-again-off-again legal battle between Top Agent Network (TAN) and the National Association of Realtors (NAR) is now off. On Monday, the parties notified Judge Vince Chhabria of the U.S. District Court for the Northern District of California, that they had agreed to dismiss the suit without prejudice. According to the filing, the parties are going to bear their own attorneys fees, costs and expenses.
Inman
JANUARY 14, 2025
Colorado State Representative Manny Rutinel has introduced a bill that would allow county clerks and recorders to give documentary fees to fund short and long-term housing for the homeless.
Housing Wire
JANUARY 14, 2025
For the majority of Americans, homeownership remains an important part of the American dream, according to a study published Tuesday by Realtor.com. Through a survey of a random sample of more than 2,000 adults conducted in early November, Realtor.com found that 75% of Americans believe homeownership is part of the American dream. Additionally, the survey found that 64% of Americans identify homeownership as one of their life goals, while 50% of respondents believe that homeownership is necessar
Inman
JANUARY 14, 2025
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding, and market strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.
Housing Wire
JANUARY 14, 2025
Improving and selling or refinancing houses for investment purposes has long been the purview of part-time entrepreneurs looking to earn additional income. However, as capital available to fix-and-flip and fix and hold investors becomes more institutionalized through the issuance of Residential Transition Loan (RTL) and Debt Service Coverage Ratio Loan (DSCR) securitizations, the opportunity to turn part-time investing into a full-time business for these entrepreneurs will continue to grow subst
Appraisal Buzz
JANUARY 14, 2025
PHH Mortgage Corporation will refund more than 50,000 mortgage borrowers a total of nearly $3.5 million to settle allegations by the U.S. Department of Housing and Urban Development (HUD) that the lender and servicer charged junk fees. HUD alleges PHH charged borrowers convenience fees when they made payments over the phone through a representative; by telephone through an interactive voice response telephone system; or online if the borrower was not enrolled in PHHs paperless statement program,
Housing Wire
JANUARY 14, 2025
Rocket Companies , the parent of Rocket Mortgage , on Tuesday unveiled a refresh to its brand identity in an effort to unify Rocket’s many companies under a single umbrella. As part of this effort, Rocket is rebranding some of its businesses. Its title producer and appraisal management arm, Amrock , will now be known as Rocket Close. Additionally, Amrock Title Insurance Co. has relaunched as Rocket Title Insurance Co.
Inman
JANUARY 14, 2025
Inman Awards recognizes outstanding accomplishments across the residential real estate industry with eight distinctive categories. Each award shines a spotlight on the companies and individuals at the forefront of the real estate industry, as well as in specialties including mortgage and finance, marketing, proptech, leadership and AI.
Housing Wire
JANUARY 14, 2025
Wire fraud protection firm CertifID has acquired digital money transfer firm Paymints.io , according an announcement on Tuesday. The financial terms of the deal were not disclosed. Paymints.io is frequently used by title companies , law firms and real estate brokerages to transfer funds between parties in a real estate transaction. The company provides a white-labeled digital payment platform to customers, allowing title companies and law firms to integrate digital payments into their own client
Inman
JANUARY 14, 2025
TAN and NAR have agreed to dismiss their lawsuit, according to court documents filed on Monday. However, Top Agent Network can re-file charges or bring the case to another court in the future.
Housing Wire
JANUARY 14, 2025
Digital mortgage lender Lower on Tuesday announced the hiring of Adam Wiener as its new president. Wiener, who previously served as president of real estate services at Redfin , will lead Lowers technology, marketing, data science and direct-to-consumer sales organizations. In an exclusive interview with HousingWire , Wiener shared that he started his new role on Dec. 9. “I took about a year off after Redfin,” Wiener explained. “But certainly, as I started to look for new oppor
Real Estate News
JANUARY 14, 2025
After improving earlier in the year, sentiment plunged between the third and fourth quarters of 2024, though flippers were less pessimistic than landlords.
Inman
JANUARY 14, 2025
What are the root causes of the ongoing listing lock-in effect? Team leader Carl Medford looks at seller attitudes and how to tap into the percentage of homeowners who are willing to move.
Real Estate News
JANUARY 14, 2025
TAN, a private listing network, has agreed to drop its case against NAR after nearly five years of litigation and previous dismissals. Will this be the end?
Appraisal Buzz
JANUARY 14, 2025
Adam Wiener is the new president of multi-channel, digital home finance company Lower. Wiener began his career working in program management for Microsofts SQL Server division. In 2007, he left Microsoft for Redfin, a technology-powered real-estate company, helping to lead the business through its IPO in 2017 and on to nearly $1 billion in revenue in 2023.
Inman
JANUARY 14, 2025
In addition to subtle tweaks to the company's logo and other details, brand revamp is aimed at positioning Rocket as a fintech platform supporting an 'end-to-end homeownership experience.
Will Springer Realtor
JANUARY 14, 2025
The latest housing data from the Northwest Multiple Listing Service maintained the tradition of an ordinary December. Not a creature was stirring on the residential real estate scene, as many folks instead closed out the year enjoying egg nog, gift-giving, football, and visiting family and friends. House buying and selling? That took a break! The rate of new listings, actively listed homes and pending sales for all home types in King County fell by about a third from November, which was also a s
Inman
JANUARY 14, 2025
Executives and employees of the combined company will continue to serve a nationwide footprint as Go Mortgage, which is hiring retail branch managers and loan originators.
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