Thu.Apr 10, 2025

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Here’s how one CRE veteran helps multifamily investors thrive

Housing Wire

Volatility is becoming the new norm in today’s commercial real estate market. If it isn’t rising interest rates or shifting rental trends, then growing technology is the driving force that prompts investors to evolve. They also face significant pressure to become faster and more efficient. A change is needed. To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success.

Investors 468
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Foreclosure Activity Beginning to Rise

Appraisal Buzz

ATTOM has issued its Q1 2025 U.S. Foreclosure Market Report , which shows a total of 93,953 U.S. properties with a foreclosure filings during Q1 of 2025, up 11% from the previous quarter, but down 2% from a year ago. The Q1 2025 U.S. Foreclosure Market Report shows a total of 35,890 U.S. properties with foreclosure filings in the month of March 2025 alone, up 11% from the previous month and up 9% year-over-year.

Marketing 421
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The Fed needs labor to break to cut rates more aggressively

Housing Wire

Since 2022, Ive focused on the relationship between labor and Fed policy. Theres a common belief that a decrease in the inflation growth rate would lead to mortgage rates dropping below 6% as the Fed would cut more aggressively. However, we havent seen that improvement. Todays soft Consumer Price Index ( CPI ) inflation report indicates progress. However, it also highlights that we are still adjusting to the pandemic-related inflation that arose when supply chains were disrupted and recovered.

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Balancing Homeownership vs. Rental Costs 

Appraisal Buzz

The median-priced property for sale requires an annual income of $116,633, which is 81.8% higher than the $64,160 required to rent a typical apartment. This is in line with a recent analysis fromRedfin. The average U.S. property for sale last year required a salary of $110,808, which is 73.1% higher than the average rental income of $64,000. To afford the average property for sale two years ago, they had to make $101,341, which was 54.5% higher than the average rental income of $65,600.

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Leverage Trellis Court Data To Identify More Investment Opportunities

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.

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Keller Williams franchisees sue eXp team leader over recruitment efforts

Housing Wire

Florida-based Keller Williams franchisees are alleging that prominent eXp Realty team leader Veronica Figueroa and Joseph Firmin have breached a contract and misappropriated trade secrets in their recruiting efforts. The suit was filed earlier this month in the Ninth Circuit Court for the State of Florida by Keller Williams Advantage 2 Realty in Waterford, Keller Williams Advantage Realty in Oviedo and Keller Williams Advantage III Realty in Lake Nona against Figueroa , the leader of The Fig Tea

Realty 396

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Wade Pfau: how market volatility could renew reverse mortgage discussions

Housing Wire

Reverse mortgage professionals have long sought financial advisors as referral sources, but might find that those professionals are not particularly willing to entertain the notion that the product would be right for their clients. But when confronted with volatility in the markets, advisors who are more concerned with the risk of loss might start to slowly open themselves up to more conversations.

Marketing 384
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Zillow to prohibit listings that are privately marketed

Inman

Zillow said the company's new standards, which eXp Realty also committed to, show how it's implementing Clear Cooperation on its platform. Those that do not meet the standards won't be published on Zillow "for the life of the listing.

Marketing 187
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Build-to-rent homes reach record completions

Housing Wire

The U.S. build-to-rent (BTR) housing sector reached new heights in 2024, completing a record-setting 39,000 single-family rental homes a 15.5% increase from the previous year according to a new analysis by Point2Homes. That figure marks a sixfold leap from the pre- pandemic years, when the country was averaging between 6,000 and 7,000 completions annually, according to the report.

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‘Credit Shock’ Spurs Homeowners to Lock-in Billions in Equity

Appraisal Buzz

Accessing home equity in times of financial need is becoming an increasingly difficult task for American homeowners, according to a recent economic research from Point. The analysis estimates that every year, almost 4.6 million homeowners who have mortgages undergo a labor market transition that could have a negative effect on their credit ratings and possibly prevent them from accessing traditional home equity lending choices.

Lending 376
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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

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.

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The trigger leads bill is back!

Housing Wire

The trigger leads bill, which failed to pass the House of Representatives in late December 2024 despite Senate approval , was re-introduced to the 119th Congress Thursday morning. Simultaneously, a slew of mortgage brokers associated with the Brokers Action Coalition (BAC) sealed the end of BAC’s three-day Advocacy In Action conference by heading to Capitol Hill to fight for the trigger leads legislation.

Legal 344
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Client-centricity isn’t a buzzword. It’s your competitive advantage

Inman

In a volatile real estate market, client-centricity isnt optional its your competitive edge. Chris Pollinger shares how elite agents turn uncertainty into opportunity by obsessing over what clients truly need, moving fast and thinking like strategic partners.

Clients 156
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Zillow, eXp Realty team up against delayed marketing listings

Housing Wire

Leo Pareja, the CEO of eXp Realty , has been a vocal supporter of the National Association of Realtors (NAR) Clear Cooperation Policy (CCP), and now, as he put it, he and his firm are putting their money where their mouth is. On Thursday, eXp Realty announced that, as a brokerage, it was signing on to abide by Zillow s standards for listing transparency.

Realty 284
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Buyer scoops up ‘Full House’ home with stars’ signatures for $6M

Inman

The sale marks the first time the home has changed hands since 2020, when it was purchased for $5.35 million by "Full House" creator Jeff Franklin.

Buyers 152
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Virginia independent brokerage joins Keller Williams

Housing Wire

Keller Williams is growing its presence in coastal Virginia. On Thursday the company announced the affiliation of Austin James Realty , an independent firm that serves clients in Virginia and North Carolina. We are thrilled to welcome Austin James Realty to the KW family, Suzie O’Neal, the chief growth officer for KWs Virginia Region, said in a statement.

Brokerage 290
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Broker Spotlight: Ken Baris, BHHS Jordan Baris Realty

Inman

Learn how this second-generation broker brings an athlete's mindset and competitive advantage to leadership and life.

Realty 158
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Trapped by design: Why America’s housing market is stuck — and what the rest of the world can teach us

Housing Wire

Americas housing market isnt just cooling its frozen in place. Millions of homeowners are locked into 23% mortgage rates and simply wont sell, creating a chain reaction thats grinding the entire system to a halt. But this isnt just a temporary side effect of high interest rates. Its the result of a uniquely American mortgage structureone that unintentionally punishes mobility and paralyzes housing supply.

Design 246
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Zillow to bar publicly marketed listings not shared via MLS

Real Estate News

The move, endorsed by eXp, could affect listings that are promoted via social media, yard signs and other means allowed by NARs delayed marketing policy.

Marketing 333
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Retirees moving to low-tax states may be disappointed by the savings they find

Housing Wire

For retirees who are contemplating a move to a state with lower or no income tax, they may find that they should consider other realities of their final destination. Focusing solely on income taxes without considering other associated costs may not bring about the savings they hope for or expect. This is according to a report published this week by the Wall Street Journal.

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Teams Spotlight: Julian Johnston, Julian Johnston Team

Inman

Learn more about this team's client-first philosophy and why team leader Julian Johnston believes Miami is on the verge of its next big boom.

Clients 151
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Agent Christina Khosrowabadi joins Christie’s International Real Estate Sereno

Housing Wire

Veteran real estate broker-associate Christina Khosrowabadi, who has closed more than $140 million in sales since 2022, has joined Christies International Real Estate Sereno , one of northern Californias largest independent brokerages. Khosrowabadi, a second-generation Realtor and lifelong resident of Silicon Valley , brings nearly two decades of experience in the regions highly competitive housing market.

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Get the success secrets playbook from a 2024 Rookie of the Year

Inman

In this Q&A with Tyson Hansen, ERA President Alex Vidal learns how he got his start and how he created outstanding outcomes in a tough year for real estate.

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AI agent platform promises to ‘transform mortgage operations’

Housing Wire

Florida-based Theoris Software has launched a new artificial intelligence (AI) platform, AI agent, it says could transform how mortgage companies handle operations. The platform introduces a digital agent named Alpha7x that automates key processes across the mortgage lifecycle. The tool is being touted as the mortgage industrys first AI-powered co-pilot capable of taking over many of manual, repetitive tasks that typically burden loan officers , servicers, and back-office staff.

Agents 203
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Hybrid Appraisals – Flawed Data or Flawed Agenda?

Appraiserblogs

Brian Zitin’s self-serving interpretation of Reggora’s survey results on hybrid appraisals is a textbook example of twisting flawed data to fit a preconceived flawed narrative. He triumphantly proclaims that 60% of appraisers plan to perform hybrid appraisals, painting it as some groundbreaking shift in the industry. But the reality is far more nuanced and less flattering to his agenda. “Our main question to appraisers: Do you plan to perform hybrid appraisals?

Appraisal 129
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Mortgage Rates Decrease Slightly For a Third Straight Week

Appraisal Buzz

Mortgage rates continued to decrease this week, with the average rate for a 30-year, fixed-rate mortgage falling to 6.62%, down from 6.64% last week, according to Freddie Macs Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 6.88%. The average 30-year fixed-rate mortgage continues to trend down, remaining under 7% for the twelfth consecutive week, says Sam Khater, chief economist for Freddie Mac, in a statement.

Mortgage 221
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Florida Faces Coastal Flooding Risk by 2050

Empire Appraisal Group

News & Media JodiJacobson / Getty Images Source: [link] Florida Faces Coastal Flooding Risk by 2050 By Denise Hruby Florida’s flood risk is highest in the U.S. due to the low-lying coastline, high population density and zoning patterns in vulnerable areas, a new study found. MIAMI Florida is the state where the most people and the most properties will be at risk of experiencing severe coastal flooding by 2050, according to new analysis released on Wednesday.

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Appraising Hoarder Homes: Key Considerations

Cleveland Appraisal Blog

Hoarding is a disorder in which a person is attached to things to the degree that they cannot, or it is very difficult to, separate themselves from their personal positions. Ive appraised homes that people with this disorder have lived in. It is a terrible disorder for those who have it and their loved ones. This article is in no way meant to shame those who suffer from this disorder or their friends and family who see how it can affect a persons life.

Appraisal 204
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Two directions for home sales amid economic turmoil

Real Estate News

Consumer anxiety could "freeze the housing market" or encourage buyers and sellers to act if they expect things to get worse.

Sellers 200
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Remodeling Market Sentiment Down in First Quarter

Eyes on Housing

Sentiment declined among remodelers in the first quarter of 2025, following a similar trend last month in single-family home builder sentiment. The NAHB/Westlake Royal Remodeling Market Index (RMI) posted a reading of 63 in the first quarter, down five points compared to the previous quarter. While this reading is still in positive territory, this is only the second time since.

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Windermere exec slams Compass over 'dirty' tactics

Real Estate News

We're gonna kick their ass and we're going to do it without a private listing network, Windermere Co-President OB Jacobi said about competing with Compass.

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Purdue Federal Credit Union Selects Mortgage Cadence as its LOS

Appraisal Buzz

Purdue Federal Credit Union has selected MCP Essentials by Mortgage Cadence , a subsidiary of Accenture, as its loan origination system (LOS). MCP Essentials is a next-generation lending platform designed to drive efficiency, enhance workflows, and redefine the member experience. This strategic move underscores Purdue FCUs commitment to innovation and operational excellence in financial services.

Mortgage 195
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Get Started with GoFormz: Four Helpful Video Guides

GoForrmz

Weve handpicked four step-by-step tutorials to help you master GoFormz quickly and effectively Learn to manage and customize the background of your digital form Template Use the GoFormz Template Editor, our online form builder, to quickly apply changes to the background of your form Template. Using the GoFormz Page Editor, you can rapidly upload new PDF backgrounds, add design elements (like logos and images), insert new tables and sections, and more.

Design 78