Sat.Apr 05, 2025 - Fri.Apr 11, 2025

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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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Reports: Fannie Mae lays off 700 employees

Housing Wire

Government-sponsored enterprise (GSE) Fannie Mae has reportedly laid off as many as 700 employees, with 200 of the layoffs focused on members of the Telugu-speaking community over irregularities uncovered related to charitable donations. According to reports from outlets including TechStory , HRKatha and the Times of India ,700 U.S.-based employees were fired within the first few days of April, including 200 workers who speak the Telugu language, which is primarily spoken in the Indian states of

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Spring housing vibes & tariffs don’t bother Chuck Norris

Sacramento Appraisal Blog

We’re seeing the spring market unfold, but it’s also been a more subdued spring. I have lots of fresh stats today and some thoughts on the stock market vs real estate, declining condo prices, Chuck Norris, and cancellations. I hope this is helpful. UPCOMING SPEAKING GIGS: 4/10/25 Yuba-Sutter Association (register here) 4/15/25 Culbertson and Gray […] The post Spring housing vibes & tariffs dont bother Chuck Norris first appeared on Sacramento Appraisal Blog.

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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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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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Home Auction Buyer Optimism Hits Three-Year High 

Appraisal Buzz

Auction.com has released its 2025 Buyer Insights report , showing buyers of distressed properties at auction are the most optimistic they have been in three years when it comes to expectations for property purchases in the coming year, while becoming less bearish about home price appreciation and rents. Based on a February 2025 survey of more than 350 Auction.com buyers, the survey also found that 26% of auction buyers describe themselves as owner-occupants, double the share from a year ago.

Buyers 389

More Trending

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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 335
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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 147
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Mortgage Applications Surged on Lower Rates

Appraisal Buzz

Mortgage application volume increased 20% during the week ended April 4, as the average rate for a 30-year, fixed-rate mortgage decreased to 6.61%, down from 6.70% the previous week, according to the Mortgage Bankers Associations (MBA) Weekly Applications Survey. Most of the increase was due to a sharp increase in applications for refinances, which surged 35% from the previous week and were up 93% compared with the same week one year ago.

Mortgage 358
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Mortgage applications rebounded 20% last week as rates dipped

Housing Wire

Mortgage applications jumped 20.0% from the prior week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications Survey for the week ending April 4, 2025. On an unadjusted basis, the index increased 20% compared with the previous week. The refinance index increased 35% from the previous week as mortgage rates took a dip.

Mortgage 486
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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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How would privatizing Fannie Mae, Freddie Mac impact buyers?

Real Estate News

As the FHFA signals an interest in loosening control of the GSEs, experts predict mortgage rates would rise as a result but the increase might be temporary.

Buyers 324
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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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What Remodeling Projects Do Homeowners Find Most Satisfying?

Appraisal Buzz

Top remodeling projects for homeowner satisfaction and cost recovery continue to vary as individuals remodel their homes for diverse reasons, according to the National Association of Realtors (NAR) and National Association of the Remodeling Industrys 2025 Remodeling Impact Report. The report assesses the reasons homeowners undertake remodeling projects, the outcomes of these projects and the increased happiness experienced in the home once a project is completed.

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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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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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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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Fannie Mae lays off 100 workers citing unethical conduct

Inman

Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program.

Business 146
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Bipartisan Trigger Lead Measure Reintroduced

Appraisal Buzz

U.S. Sens. Jack Reed and Bill Hagerty have reintroduced the Homebuyers Privacy Protection Act , a measure drafted to reduce spam calls, texts, and emails from irresponsible players in the mortgage industry. The bipartisan Homebuyers Privacy Protection Act would crack down on the misuse of mortgage trigger leadswhich occur when a consumers credit inquiry triggers the sale of their information to third-party lenders and businesses.

Law 348
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UWM and Google announce AI partnership

Housing Wire

UWM’s Jason Bressler and Google’s Oliver Parker United Wholesale Mortgage (UWM) , the top mortgage lender in America, on Tuesday announced a strategic AI agreement with Google Cloud that the companies say will bring modernization to the mortgage industry. The partnership will see UWM blend Google Clouds advanced AI and data analytics capabilities with the lender’s technical solutions to create a faster, more intuitive and streamlined mortgage process.

Tools 497
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Why private listing networks are a 'wolf in sheep's clothing'

Real Estate News

Windermere Co-President OB Jacobi, whose firm has been under fire from Compass CEO Robert Reffkin, says PLNs are a return to a "caste system of real estate.

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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 138
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¡Hola, Homeownership! Hispanic Households Hit New Highs

Appraisal Buzz

Casas para todos! Homes for all Americans! With 9.8 million Hispanic households currently owning their homes, Hispanic homeownership hit a record high in 2024. For the second straight year, Hispanic households experienced the biggest rise of any racial or ethnic group, with a net gain of 238,000 new homeowners in the most recent year. The 2024 State of Hispanic Homeownership Report was published by the National Association of Hispanic Real Estate Professionals (NAHREP), the largest Latino busine

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Mortgage rates sharp reversal as market go wild

Housing Wire

The past few days have been highly turbulent for the stock and bond markets, resulting in dramatic shifts in mortgage rate pricing. When chaos enters the marketplace, it quickly makes its presence felt. This is a critical moment for all of us to stay informed and navigate these challenges together. I’ve been concerned over the past few days, emphasizing that without the recent tariff news , we likely wouldnt have seen mortgage rates drop to a year-to-date low last week.

Marketing 501
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Private listings push opens the door to discrimination

Real Estate News

NAREBs Dr. Courtney Johnson Rose tells Real Estate News independent brokers and consumers will suffer if efforts to bolster private listing channels persist.

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Open house rules for agents: Do’s and don’ts

Inman

Updated NAR rules, communication with visitors and appropriate hosting times can all impact the leverage provided by a well-planned open house, Andrew Reichek writes.

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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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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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Renovations that attract buyers — and maximize ROI for sellers

Real Estate News

While most remodels arent driven by plans to sell, homeowners should consider the long-term returns and the upgrades agents say buyers are most interested in.

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PLNs, dual agency and buyer choice: Back to the future?

Inman

Current practice changes are pushing us toward a less transparent market, compliance expert Summer Goralik writes. That's bad business for both clients and real estate professionals.

Buyers 141
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Bigger Isn’t Always Better: Millennials Opting for Newer, Smaller Homes 

Appraisal Buzz

In April, as the real estate industry celebrates New Homes Month, millennial buyers indicate they are prepared to compromise on space. According to a National Association of Home Builders (NAHB) survey, most millennial buyers would choose a smaller, feature-rich home for the same pricealthough they do want more square footage than prior generations.

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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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Mortgage rates surge amid tariff uncertainty

Real Estate News

After trending down last week, the 30-year fixed-rate mortgage had its largest 24-hour increase of the year when it jumped closer to 7% on Monday.

Mortgage 256
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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 137