Housing Wire

JANUARY 13, 2025

There were 45,000 new listings for single-family homes across the country this week, which is a big jump. That’s 12% more sellers than a year ago. This is the trend that will be the theme for 2025. It seems more sellers are coming out every week and that will keep inventory pushing upward. Mortgage rates pushed this week close to 7.25%. Its only two weeks into January and mortgage rates have hit the high end of the range we forecasted for the entire year.

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Sellers Inventory New Listings Contracts 350

Appraisal Buzz

JANUARY 13, 2025

Introduction In residential real estate appraisal, accuracy, credibility, objectivity, and reliability are paramount. Appraisers, to meet client demands and comply with USPAP, must gather, analyze, and interpret a wide variety of data sources to produce well-supported and objective opinions of property value. This wide variety of data sources typically includes the relevant MLS, County records, other appraisers, reputable real estate brokers, and so forth.

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Real Estate Appraisal Appraisal Process Reconsideration of Value 284

Housing Wire

JANUARY 13, 2025

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are aiming to remind homeowners and renters impacted by the ongoing wildfires in Los Angeles of various relief options. These include forbearance and other payment deferral plans, as well as disaster recovery counseling programs through the U.S. Department of Housing and Urban Development (HUD).

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Mortgage Legal Insurance Development 395

Real Estate News

JANUARY 13, 2025

The decision is a blow for the association, which has spent years trying to prevent the Justice Department from reopening its investigation into NAR policies.

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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

Construction

Housing Wire

JANUARY 13, 2025

Mr. Cooper Group named former vice chairman and President Chris Marshall as the new CEO of subsidiary real estate solutions firm Xome. Marshall will replace former CEO Mike Rawls, who is set to retire effective June 30. Marshall will work will Rawls over the coming months to ensure a smooth transition of power, the company explained. He will then collaborate with Xome’s leadership team to focus on market share and new revenue opportunities going forward.

Real Estate 323

Real Estate Real Estate Agent Valuation Technology 323

Housing Wire

JANUARY 13, 2025

Expired listings can be a goldmine of opportunity for Realtors. What I love about expireds is that they wanted to sell, and they were willing to work with an agent. Many sellers of expired listings are still motivated, despite their previous setbacks and often relist within 18 months. What is your mindset around working expireds? They are mean. Their price was way too high.

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Sellers Agents Buyers Real Estate Agent 338

Appraisal Buzz

JANUARY 13, 2025

The U.S. Department of Housing & Urban Development (HUD), and the Federal Housing Administration (FHA), has announced two actions that increase homeownership affordability and enhance clarity and transparency for mortgage servicers in its Single-Family program. First, FHA is providing greater underwriting flexibility for borrowers who rent space inside their homes to qualify for affordable FHA-insured mortgage financing.

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Insurance Development Mortgage Construction 221

Housing Wire

JANUARY 13, 2025

Although eXp World Holdings i s hoping to move past the commission lawsuits thanks to the proposed nationwide settlement it negotiated with the Hooper suit plaintiffs in Georgia, other courts are not so sure. Last Wednesday, Judge Stephen R. Bough, who oversaw the Sitzer/Burnett trial and is also overseeing the Gibson suit, ruled after oral arguments that eXp must turn over all documents related to the negotiation of its settlement by this coming Wednesday, Jan. 15.

Real Estate 332

Real Estate Brokerage Realtors Business 332

Appraisal Buzz

JANUARY 13, 2025

Because the cost of housing has soared, more than one-third (34%) of U.S. homeowners say theyll never sell their home, and another 27% say they wouldnt consider selling for at least 10 years, a survey conducted by Redfin shows. Roughly one-quarter (24%) of homebuyers plan to sell in five to 10 years, while just 8% plan to sell in three to five years and 7% within the next three years, according to the survey conducted for the technology-powered real estate brokerage.

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Brokerage Real Estate Technology Agents 195

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.

Real Estate

Housing Wire

JANUARY 13, 2025

Youre bound to find variability in the total cost estimates related to the damage and destruction caused by the wildfires in Southern California , but some of the variations are exacerbated by what is included versus what is excluded in these estimates. According to CoreLogic , the total damage cost estimate for the Los Angeles wildfires as it relates to insured properties is currently at $30 billion.

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Supply Chain Insurance Modernization Development 252

Appraisal Buzz

JANUARY 13, 2025

GridBase , offering title and lending technology, has introduced an advanced solution for Encompass Partner Connect (EPC) migration. The company launched its Order Management integration within EPC over a year ago, now serving numerous clients with a seamless, no-code implementation. The platform supports both servicing and loan origination workflows, enabling bi-directional collaboration between lenders and title agents.

Lending 195

Lending Design Modernization Technology 195

Housing Wire

JANUARY 13, 2025

The Consumer Financial Protection Bureau (CFPB) has found that homeowners facing flooding from rivers and creeks are more likely to be underinsured against flood risk than homeowners in coastal areas, according to a repor t published on Monday. The report is based on a sample of mortgage applications from 2018 to 2022, and it examines flood risk in the southeast and central southwest census regions of the United States, according to flood risk data from the Federal Emergency Management Agency (F

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Insurance Mortgage Marketing Real Estate 308

Inman

JANUARY 13, 2025

As wildfires rage across California, destroying over 9,000 homes and displacing thousands of residents, accessory dwelling units (ADUs) have emerged as a critical housing solution five years after being approved in Los Angeles.ADUs, also known as granny flats, in-law apartments, or casitas, are independent living spaces attached to or located on the same property as single-family homes.

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Law Architecture Realty Real Estate 158

Housing Wire

JANUARY 13, 2025

In this week’s episode of the Real Trending podcast, host Tracey Velt is joined by Danielle Dowell, leader of The DoWell Group at Berkshire Hathaway HomeServices in Chicago. During the conversation, the duo discuss traditional real estate team structures, offer unique resources for new team members and cover future trends in the real estate industry.

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Real Estate Real Estate Agent Agents Marketing 210

Real Estate News

JANUARY 13, 2025

In a recent survey, would-be buyers were most interested in finding a turnkey home close to work, but they're willing to compromise on some features.

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Buyers 160

Housing Wire

JANUARY 13, 2025

The wildfires in Los Angeles have caused unspeakable damage, heartbreak and loss of life. As of Monday, the five major fires have burned about 60 square miles in the LA area and 24 people have been killed. While the current focus is rightfully on containing the blazes and protecting residents, its worth taking stock of where housing markets stand in the affected parts of the Los Angeles metro area.

Housing Market 210

Housing Market Marketing Sellers New Listings 210

Inman

JANUARY 13, 2025

In a world without Clear Cooperation, real estate agents who believe in the value of multiple listing services would have more convincing to do, an Intel survey of 3,000 US consumers finds.

Real Estate 157

Real Estate Agents Clients Real Estate Agent 157

Housing Wire

JANUARY 13, 2025

Top 20 U.S. mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region. Evans will help manage retail business in states like Alabama , Arkansas and Tennessee. He will report directly to senior vice president of production Paul Ramos. The new regional vice president brings a bit more to his role than executive mortgage experience.

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Lending Retail Business Construction 210

Inman

JANUARY 13, 2025

No one can predict exactly where the next major disaster may strike, so the time to prepare is now, trainer and author Bernice Ross writes.

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Insurance Brokerage Agents 155

Housing Wire

JANUARY 13, 2025

Fairway Independent Mortgage Corporation , a large mortgage lender and a top 10 lender in the reverse mortgage industry , will aim to expand its focus on its reverse mortgage arm in 2025 owing to the efforts of David Lazowski, the companys new president of national recruiting and growth. Emboldened by its efforts in the purchase mortgage arena and hoping to replicate it with its use of the Home Equity Conversion Mortgage ( HECM ) for Purchase (H4P) program, Fairway is seeking to expand its rever

Mortgage 210

Mortgage Loan Officers Real Estate Agent Business 210

Inman

JANUARY 13, 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.

Agents 145

Agents Real Estate Technology Business 145

Appraisal Buzz

JANUARY 13, 2025

Zuhairah Washington has joined Zillow Group as senior vice president of market operations and Flex general manager. Washington is an award-winning business executive with a 20-year track record of driving transformational outcomes across startups and Fortune 500 giants, including Uber and Expedia Group. At Uber, she owned the P&L for the companys fifth-largest U.S. market (Washington, D.C., Maryland and Virginia), achieving a dramatic revenue increase and run rate in less than three years.

Marketing 150

Marketing Business Agents Appraisal 150

Real Estate News

JANUARY 13, 2025

The NAR settlement has changed the way compensation is communicated, but getting real with clients can ensure that deals get done and agents get paid.

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Clients Agents 146

Inman

JANUARY 13, 2025

This year isnt about working harder its about working smarter, coach Darryl Davis writes. Its about learning new skills and fine-tuning your solutions.

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Real Estate Agent Real Estate Tools Agents 143

Mortgagebroker News

JANUARY 13, 2025

The central bank is scheduled to make its first rate decision of the year on January 29

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Inman

JANUARY 13, 2025

The Supreme Court didn't explain its reasoning for the decision, which will now allow the Department of Justice to reopen its investigation into the association's cooperative compensation rule.

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Realtors Real Estate 133

Mortgagebroker News

JANUARY 13, 2025

Demand and sales are plummeting. Is the city’s condo market in trouble?

Marketing 56

Marketing 56

Inman

JANUARY 13, 2025

Former Keller Williams team leader and virtual assistant company CEO Craig Goodliffe is facing child endangerment and intoxication charges after officers found nine boxes of marijuana in his home.

Real Estate 97

Real Estate Brokerage 97

BiggerPockets

JANUARY 13, 2025

There will be some huge changes to the real estate market not only in 2025 but through 2028.

Real Estate 56

Real Estate Investing Marketing 56

Inman

JANUARY 13, 2025

Authored by Jason Oppenheim and Ben Belack, the letter, signed by 45 agents, also asks government officials to increase California FAIR Plan wildfire insurance coverage, make an exception for building codes, pause property taxes and more.

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Government Property Taxes Agents Insurance 88

Mortgagebroker News

JANUARY 13, 2025

Mayor also hikes taxes for city building fund for housing capital and transit expenditures

Property Taxes 50

Property Taxes 50

Inman

JANUARY 13, 2025

The incriminating evidence gives new weight to the dozens of allegations Tal and his brothers, Oren and Alon, have received in the last several months claiming that they serially raped and sexually assaulted women.

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Agents 88