Housing Wire

OCTOBER 15, 2024

Title insurance agency owners interested in mergers and acquisitions can use the site to search for potential deals — filtering their searches based on location, asking price, gross revenue, company ID, number of employees, number of locations and date listed in the portal.

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Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising.

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Housing Wire

APRIL 12, 2024

We have an insurance problem,” said Charlotte Johnson , a Keller Williams agent based in Mandeville. Our insurance is pricing people out of their homes.” Between 2018 and 2023, homeowners insurance rates in Louisiana jumped 24.9%, according to an analysis by S&P Global. From 2022 to 2023 alone, rates jumped 21.2%.

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Insurance Housing Market Marketing Agents 459

Housing Wire

JANUARY 24, 2024

Even as home prices began to decrease last year, mortgage rates remained high, leading both buyers and sellers to stay out of the housing market. In fact, for many new buyers entering the market this year, this will be the first time they ever hear the words “ title insurance.” What is title insurance?

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Insurance Sellers Buyers Housing Market 468

Housing Wire

OCTOBER 24, 2024

Valon’s platform — the first of its kind to provide end-to-end mortgage servicing — was designed to boost efficiency and transparency for home buyers and sellers. Clever Real Estate also partners with Valon to match buyers and sellers with local real estate agents who offer cash rebates, commission discounts and other products.

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Mortgage Real Estate Agent Technology Real Estate 448

Housing Wire

JUNE 28, 2024

Title insurance provides vital protection to the largest and most important purchase most Americans will ever make—their home. Director Rohit Chopra himself, in a recent appearance before the House Financial Services Committee , shook his head “no” when asked whether title insurance was a “junk fee” in questioning from Rep.

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Insurance Property Taxes Sellers Development 397

Housing Wire

AUGUST 5, 2024

Seller impersonation fraud is on the rise. A study conducted by NDP Analytics found that 28% of title companies experienced at least one seller impersonation fraud attempt in 2023, and in April 2024 alone, 19% of firms experienced at least one of these attempts.

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Sellers Training Real Estate Insurance 501

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. Before, insurance was kind of an afterthought. nationwide in 2023, with Farmers Insurance Group of Cos. and Utah at 20.3%.

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Real Estate Agent Insurance Real Estate Agents 482

Housing Wire

JUNE 24, 2024

Sellers can just wait it out, and it looks like the U.S. I think it’s worth examining if sellers will indeed just wait it out now. That is 13% more sellers than last year at this time, but it’s not expanding any more this summer. The pace of sellers has plateaued for the year. housing market is seeing that now.

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Inventory Sellers New Listings Property Taxes 455

Housing Wire

FEBRUARY 3, 2025

The checklist covers such broad areas and topics as: organizational structure; litigation; compliance ; intellectual property; real property; financial and tax; labor and employment; material, vendor, and software contracts; insurance; and customers. Is the seller subject to a probationary review? Patent & Trademark Office.

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Mortgage Contracts Insurance Sellers 417

Housing Wire

MARCH 22, 2024

Local real estate professionals attribute the slower market to a variety of factors including higher home prices, which have remained steady despite the slowdown, higher interest rates , and rising costs for homeowners and flood insurance. homeowners insurance policy was roughly $1,700 in 2023. In comparison, the average U.S.

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Housing Wire

DECEMBER 26, 2022

With the housing market slowing down from its pandemic-fueled frenzy, wire fraud threats, regulatory challenges and the perennial challenge of an aging workforce, the title insurance industry will have a lot to juggle in the new year. For the title insurance industry, she feels this will result in a thinning of the herd.

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Insurance Bracketing Legal Business 505

Appraisal Buzz

JULY 18, 2022

Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. This might manifest itself with lower offers that are acceptable to the seller, but price isn’t the only aspect of a transaction. So, how do you comp in this market?

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Sellers Marketing Market Value Home Value 435

Housing Wire

FEBRUARY 24, 2025

New listings To get a lot of homes on the market though we need some sellers. In total, it was another week with fewer home sellers that last year. Its hard to grow inventory too much when there arent many sellers. Demand is slower so more of the sellers are sitting on the market. Thats not a ton. more than a year ago.

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Inventory New Listings Sellers Contracts 489

Housing Wire

FEBRUARY 27, 2025

Redfin agents in the state say that its now a buyers market where sellers have to make concessions to bring buyers to the table. Natural disasters like Hurricane Milton have caused home insurance rates to surge and many homeowners left the state as a result. Active listings landed at 212,437 at the end of January, a staggering 19.4%

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Inventory Marketing HOA Buyers 369

Housing Wire

DECEMBER 9, 2024

Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. In Florida and Texas, we see the rising costs of insurance , taxes and climate risk driving some sellers. Sellers are growing by 5% to 10% per week.

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Housing Market Marketing Inventory Sellers 418

Housing Wire

JULY 17, 2023

In such an environment, buyers may feel pressure to bypass steps in the transaction to make their bid more attractive to the seller, but they should be wary that taking shortcuts can expose them to fraud. Secret Service reported a steep rise in seller impersonation in an advisory it issued this year. We can reverse this trend.

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Sellers Real Estate Agent Real Estate Insurance 370

Appraisal Buzz

JANUARY 9, 2025

In 2024, the American Land Title Association (ALTA) highlighted the persistent challenge of seller impersonation fraud (SIF) within the real estate industry. For consumers, understanding the role that title insurance plays in safeguarding their homes is also critical.

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Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. Available inventory of home for sale is ticking up Hence, homebuyers are encouraged to negotiate with sellers, who seem willing to make concessions.

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Sellers Buyers Real Estate Agent Inventory 516

Appraisal Buzz

JUNE 14, 2024

Sales are sluggish because high homebuying costs are making both house hunters and prospective sellers skittish. Even though homes are selling for higher prices than ever before, many sellers are still having to drop their list prices after putting their properties on the market—one positive sign for potential homebuyers. Ongoing U.S.

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Sellers Buyers New Listings Mortgage 435

Appraisal Buzz

MARCH 25, 2025

Redfin agents say would-be homebuyers and sellers in the Palisades and Altadena have adopted a wait-and-see approach. Many homeowners kept their homes off the market because they were worried values would diminish, and some house hunters canceled contracts because they were nervous about insurance costs and potential future fires.

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Housing Market Marketing New Listings Sellers 327

Housing Wire

MARCH 18, 2025

Agents got benefits like health insurance, a 401(k), vacation time and a more predictable stream of income. Many consumers like having an agent guide them through the process, particularly because its nearly impossible for a buyer or seller to execute the transaction on their own. Redfin leaned into that, and it didn’t work.”

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Brokerage Agents Housing Market Real Estate 360

Housing Wire

JULY 25, 2023

In late June, Susan Gregory received an estimate for a new homeowner’s insurance policy on her 120-year-old St. Augustine, Florida property, after her previous insurer, United Property and Casualty, went insolvent earlier in the year. This is one of the easiest parts of Florida to insure and costs have gone up over 40%.”

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Insurance Housing Market Marketing Agents 370

Housing Wire

NOVEMBER 13, 2024

” The resort network will provide agents and clients in these markets with additional support, as buyers and sellers operating in these places often expect a higher quality of service from their agents. There’s much more to consider — like insurance regulations or local zoning laws — making having an expert in this space crucial.”

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Agents Marketing Luxury Properties Real Estate 370

Housing Wire

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We Oftentimes this leads to the discovery of vacant lots. million, according to NAR.

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Sellers Real Estate Realtors Real Estate Agent 397

Housing Wire

FEBRUARY 28, 2025

Economic uncertainty : Concerns about tariffs , layoffs, and federal policy changes are making buyers and sometimes sellers hesitate. Florida is experiencing a slowdown as the state faces rising home insurance costs, HOA fees, and increasing risks from natural disasters. Las Vegas 17.9% Houston 17.8% Jacksonville, Fla.

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Inspection HOA Buyers Real Estate Agent 339

Housing Wire

FEBRUARY 14, 2025

By eliminating data barriers and fostering collaboration among these three leading MLSs, we are creating new opportunities for real estate professionals and improving the experience for homebuyers and sellers. MLSs have been busy on the technology front.

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Real Estate Technology Home Value Insurance 346

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Let’s dive in!

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Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

NOVEMBER 4, 2024

Having spent the past several months covering the NAR settlement and the business practice changes outlined within, I was curious about how listing agents and sellers in my market were handling offers of buyer broker compensation. Once negotiations were settled and my mortgage was accepted, the final step was to obtain title insurance.

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Agents Inspection Real Estate Sellers 435

Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Your newsletter content should be a mix market updates, buyer and seller advice, community news and events, and storytelling.

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Real Estate Clients Tools Sellers 396

Appraisal Buzz

APRIL 8, 2025

Sellers are still in the drivers seat in the Northeast and inNorthern California, where buyers are competing for the few homes that are available. Customers have the ability to negotiate for a better price, and a greater percentage of sellers are lowering their pricing. However, sellers continue to hold the advantage in other areas.

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Sellers Buyers Home Value Inventory 260

Housing Wire

APRIL 26, 2024

My advice to sellers is to price your home fairly,” Chen Zhao, economic research lead at Redfin, said in a statement. Even though sellers are getting top dollar at the moment, they should price competitively to attract buyers from the start and avoid having to drop their price as stubbornly high mortgage rates eat into buying budgets.

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Housing Market Marketing Insurance Sellers 465

Housing Wire

OCTOBER 21, 2024

Yet ‘renting by choice’ is also on the rise as it offers flexibility, less financial commitment, and freedom from the burdens of property taxes, maintenance, and insurance. Inventory is low, keeping prices elevated and turning what should be a seller’s market into an increasingly inaccessible one for many buyers.

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Real Estate Marketing Insurance Property Taxes 493

Housing Wire

AUGUST 30, 2024

The title insurance industry is vigorously battling these challenges as it protects Americans’ largest asset, their homes. The title industry is committed to combating all types of financial crimes, including seller impersonation fraud, wire fraud, elder fraud, and money laundering.

Real Estate 448

Real Estate Insurance Sellers Legal 448

Housing Wire

FEBRUARY 3, 2025

The combined cost of mortgages, taxes and insurance now takes up a larger share of household income than it has since the early 1980s, according to an affordability index from John Burns Research & Consulting. Zalmanoff attributed the uptick in FHA loans to sellers accepting them when houses aren’t selling quickly.

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Government Loan Officers Buyers Finance 378

Appraisal Buzz

MARCH 14, 2025

And in Florida, unsold inventory is piling up amid skyrocketing insurance costs and HOA fees, along with intensifying natural disasters. There are about five times more home sellers than buyers, meaning its a buyers market, said Connie Durnal, a Redfin Premier Agent in the northern suburbs of Dallas.

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Contracts HOA New Listings Real Estate Agent 393

Appraisal Buzz

MARCH 17, 2025

The paper also looks at home buyer demographics, reasons for buying, types of properties purchased, and financial profiles, with a particular focus on racial differences, utilizing data from NARs 2024 Profile of Home Buyers and Sellers. homes spent an average of $860 annually for home insurance 10 years ago.

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Buyers Insurance Real Estate Sellers 243