Tue.Dec 03, 2024

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Where Are the Best Places to Retire in 2025?

Appraisal Buzz

Where is the best place to spend your golden years? According to U.S. News & World Report’s new study, 2025’s Best Places to Retire in the U.S. , Naples, Florida takes the top spot. Florida’s Paradise Coast beat out 149 other top U.S. cities, with Virginia Beach, New York City, Sarasota, and Boise rounding out the top five best retirement locales.

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Rental portal Zumper launches ’Zoe’ AI assistant

Housing Wire

With technology rapidly advancing, Zumper is the latest company in the real estate industry to dive into artificial intelligence (AI) assistants. The rental portal this week launched an AI assistant named Zoe, which according to the company can answer “virtually any renter question about a property or its neighborhood.” Zoe can also help manage the process of renting an apartment by requesting tours and submitting leads.

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Condos are having a moment

Sacramento Appraisal Blog

Condos are struggling, and they’re really having a moment in today’s housing market. Let’s talk about what’s going on with volume, supply, and prices. Be sure to read my closing thoughts about housing doom and hot pockets too. UPCOMING SPEAKING GIGS: 12/5/24 Made 4 More Team (Exporting Data from MLS) 12/11/24 Gateway: Think Like an […] The post Condos are having a moment first appeared on Sacramento Appraisal Blog.

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Revolutionized financing: How Zillow empowers home shoppers with innovative tools

Housing Wire

Prospective homeowners enter the housing market with two questions: Where do I begin? How much home can I afford? Once the process starts, nearly half of home buyers report shedding tears at some point. Potential homeowners should be able to handle this confusion in a world where technology and digital tools rule customer service. Fortunately, home buying doesn’t have to remain confusing for new buyers.

Tools 335
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Unlock The Blueprint: How To Construct A Better Payment Workflow

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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Housing Market Decoded: Can 2024 sales top 2023? Clock's ticking

Real Estate News

So far, the pace of home sales has been slower this year, but the fall bump in pending sales could translate to a December rally — if mortgage rates drop.

More Trending

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Can you hear me now? 5 strategies for nailing listening appointments

Inman

The National Association of Realtors' commission settlement has been finalized, Carl Medford writes, so it's more important than ever to listen carefully to homesellers' concerns and questions.

Realtors 153
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AARP highlights needs for aging in place, walkable communities

Housing Wire

Influential advocacy group AARP has highlighted several of its current lobbying priorities, which include a focus on making it easier for retirees to age in place in their current homes across various states. In Indiana , for instance, aging in place is a central pillar of a recently published advocacy update. The post said that “improving access to home- and community-based services, such as transportation and adult day services” ranks highly on the organization’s advocacy priorities in the Hoo

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Judge lays out reasoning for NAR settlement approval

Inman

Judge Stephen R. Bough overruled all objections to the National Association of Realtors and HomeServices deals and awarded attorneys one-third of the settlement amounts as requested.

Realtors 151
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Cardinal Financial issues first mortgage-backed security using FICO 10 T

Housing Wire

Global analytics software leader FICO on Tuesday announced the launch of the first-ever government-issued mortgage-backed security (MBS) with loans originated using FICO Score 10 T. The MBS pool was issued by Cardinal Financial and included loans from the U.S. Department of Veterans Affairs (VA). FICO Score 10 T utilizes trended data for lender use in understanding credit behavior over time, which enables more accurate risk assessments.

Mortgage 326
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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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3 housing market myths that persist post-election

Inman

Worried about the election's impact on interest rates and the housing market? Don't be. According to Lindsey Harn, the same fundamentals that drive the market at other times are in operation during election years.

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Investment giant Pretium Partners hires Sid Visentini to lead optimization efforts

Housing Wire

Pretium Partners , a New York City-headquartered investment firm, announced Tuesday that its adding a new senior managing director to lead its business optimization efforts. Sebastiano “Sid” Visentini will join Pretium following a 16-year career at New York City-based Morgan Stanley. Visentini recently served as the investment bank’s head of firm strategy for execution and innovation.

Investing 309
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New appeal takes on settlement approvals of Compass, others

Inman

James Mullis has appealed the final approval of settlements totaling $110 million — a move that suggests the battle over how agents practice and get paid is far from over.

Agents 138
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Opposition to the NAR settlement agreement continues to roll in

Housing Wire

One week after it was granted final approval , the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is facing more challenges. On Monday, settlement objector and University of Buffalo law professor Tanya Monestier filed a motion to intervene in the Sitzer/Burnett suit. And Monty March, the lead plaintiff in a now-dismissed copycat suit in New York, filed an appeal of Judge Stephen R.

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Lundy rolls out AI-driven Navigator tool to 57,000 First MLS members

Inman

First Multiple Listing Service, Georgia's largest MLS, has partnered with the maker of a voice-enabled home search platform to offer rapid, accurate assistance for everyday business tasks.

Tools 123
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Driving Innovation: How Tech100 honoree CLARIFIRE is shaping the future of mortgage tech

Housing Wire

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2025 Tech100 Award are open now through December 16, 2024. Click here to nominate a tech organization. As the mortgage world continues to see rapid tech advancements, staying ahead of the curve requires more than just keeping up — it demands leading the way.

Mortgage 257
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Land id rolls out Land id Pro with real estate professionals in mind

Inman

The company is reshuffling its product line in a bid to distinguish between tools that can assist with research on listings and larger-scale efforts that depend on Land id's mapping technology.

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FHA extends cybersecurity reporting requirement timeline from 12 to 36 hours

Housing Wire

The Federal Housing Administration (FHA) this week published a final Mortgagee Letter (ML), 2024-23, that requires lenders to report a cybersecurity breach within 36 hours of being detected. While the FHA posted a draft version of the ML online in September to seek feedback, the agency stated that the draft is being issued as final without any changes.

Insurance 286
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Inman’s reader survey: Your chance to help shape real estate’s future

Inman

As a thank-you, you'll be entered into a raffle for a chance to win one of five in-person tickets to Inman Connect New York or Inman Connect San Diego in 2025.

Brokerage 118
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Construction Labor Market Continues to Ease

Eyes on Housing

After a period of slowing associated with declines for some elements of the residential construction industry, the count of open construction sector jobs trended lower in the October data, per the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). The data indicates the demand for construction labor market remains weaker than a year.

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Opendoor campaign challenges winter homeselling myth

Inman

For years, homeowners have hesitated to list their homes at the end of the year, believing that it's an inconvenient time. "Confessions" aims to reassure sellers that Opendoor's platform provides a reliable solution year-round, ensuring that sellers can operate on the timeline that works best for them.

Sellers 106
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Does Toronto's condo crisis mean rental relief for hopeful homebuyers?

Mortgagebroker News

Saving for a downpayment is a huge hurdle for renters in Toronto. Could a much-publicized condo crisis in the city bring rents lower?

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Lessen is more: Company announces Digital FM+ release

Inman

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025.

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Calgary home sales steady as inventory expands

Mortgagebroker News

Inventory growth tempers price hikes as sales activity holds steady year over year

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HBGI Q3 2024: A New Status Quo for the Geography of Residential Construction?

Eyes on Housing

Residential construction has remained in low density suburbs and outlying areas, according to the National Association of Home Builders’ latest release of the Home Building Geography Index (HBGI). This trend is driven by persistent factors that continue to affect housing affordability including a limited supply of buildable lots, rising construction costs, and a shortage of.

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Rental property sales hit post-pandemic high in Q3 – Morguard

Mortgagebroker News

CMHC financing powers sales despite slowing rent growth

Finance 77
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HOA Issues Are On The Rise

Hank Miller Team

The bite is severe and it’s going to get worse. HOA issues are on the rise, but the vitriol directed at them is not always justified. Homeowner associations exist to maintain property and community standards; to ensure that owners, their properties, and community property, meet agreed upon standards. Over the last several years, many HOAs have been financially stressed and that stress is being passed to residents.

HOA 52
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From banking to brokerage: HALO mortgage advisory named new Brokerage of the Year

Mortgagebroker News

"It's a proud moment.

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November 2024 Home Data Index Market Report

Clear Capital

The November 2024 Home Data Index (HDI®) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 0.2 percent. Download the report , or read it below. About the Clear Capital Home Data Index (HDI®) Market Report and Forecast The Clear Capital HDI Market Report and Forecast provides insights into market trends and other leading indices for the real estate market at the national and local levels.

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Scotiabank reveals fourth-quarter financials

Mortgagebroker News

Banking giant kicks off Big Six earnings season

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Are Cash Buyers Still Dominating the Housing Market?

Eppraisal

In recent years, cash buyers have played a significant role in the housing market, particularly during times of rising interest rates and fluctuating property values. As the market landscape evolves in 2024, it's essential to analyze the current state of cash buyers and their impact on home sales. This article explores whether cash buyers are still dominating the market, the reasons behind their purchasing power, and the implications for traditional buyers.

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Toronto's office-to-housing conversions 'generally not feasible,' says report

Mortgagebroker News

Converting vacant office spaces into homes may not be worth the cost or effort

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Average Net Worth by Age (How Do You Compare?)

BiggerPockets

Are you beating the average American in personal finances? Today, we’re sharing the average net worth by age to see where exactly you stack up.

Finance 41