Housing Wire

MARCH 10, 2025

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Rocket’s press release stated that Redfin CEO Glenn Kelman will continue to lead the Redfin business, reporting to Rocket Companies CEO Varun Krishna.

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Purchase and sale agreement Pre-approval Brokerage Equity 482

Real Estate News

MARCH 10, 2025

The nations largest mortgage lender called Redfin a "data powerhouse" and said the union of the two companies will improve the homebuying experience.

Mortgages 258

Mortgages 258

Housing Wire

MARCH 5, 2025

Mortgage applications increased 20.4% from one week earlier on a seasonally adjusted basis as buyers pounced on lower rates , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. 28, 2025. On an unadjusted basis, applications increased 22% compared with the previous week. The refinance index increased 37% from the previous week and was 83% higher than the same week one year ago.

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Fixed-rate mortgage VA loan Mortgages Loans 505

Real Estate News

MARCH 6, 2025

Revenue jumped 84% compared to the previous year and the company added 10,000 agents in 2024 after needing nine years to gain its first 10,000.

Agents 274

Agents Brokerage 274

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Keeping Current Matters

MARCH 11, 2025

If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market.

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Mortgages Marketing 251

Inman

MARCH 10, 2025

Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin's home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies' mortgage origination and servicing capabilities.

Equity 190

Equity Mortgages Agents Brokerage 190

Keeping Current Matters

MARCH 10, 2025

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.

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Inman

MARCH 10, 2025

Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely.

Equity 164

Equity Brokerage Marketing 164

Calculated Risk Real Estate

MARCH 5, 2025

Here is the ICE March Mortgage Monitor report (pdf). Press Release: ICE Mortgage Monitor: Property Insurance Costs Rose at a Record Rate in 2024 Prompting Homeowners to Shop for Better Rates, Accept Higher Deductibles The average annual property insurance premium among mortgaged single-family homes rose by a record +$276 (+14%) to $2,290 in 2024, capping a five-year rise of +$872 (+61%) Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%) saw the largest percentage increases in 2024, whi

Mortgages 122

Mortgages Principal Sales Loans 122

Housing Wire

MARCH 7, 2025

Labor over inflation has been my mantra since late 2022. Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. This gives us a glimpse of what may happen over the next 10 months for mortgage rates, especially since, since Jan. 14, we’ve seen them move lower. However, there is a limit to the downside on mortgage rates until the labor market breaks, or we get more than 1% rate cuts from the Fed.

Mortgages 435

Mortgages Marketing Residential Construction 435

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Real Estate News

MARCH 6, 2025

The addition of MORE Realty marks the Texas-based companys second major affiliation in the past year as its national growth continues.

Agents 249

Agents 249

Keeping Current Matters

MARCH 7, 2025

Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think.

Equity 232

Equity 232

Inman

MARCH 11, 2025

The value of America's nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis.

Marketing 146

Marketing 146

Eye on Housing

MARCH 5, 2025

Following two straight quarters of deceleration, house price appreciation accelerated slightly in the fourth quarter of 2024 due to the persistent high mortgage rates and low inventory. Although inventories of existing homes have improved from a year ago, the current 3.5-month supply remains below the 4.5- to 6-month supply that considered a balanced housing market.

Mortgages 123

Mortgages Marketing Sales 123

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Housing Wire

MARCH 5, 2025

A large majority of homeowners (88%) have concerns about selling their homes, with financial uncertainty and housing market conditions ranking among their top fears, according to a recent survey by Clever Real Estate. The survey , which polled 1,000 homeowners at the end of 2024, found that the most common concerns include the stress of the sale (42%), the high costs of selling (40%), the inability to afford a new home (32%) and not selling for a high enough price (32%).

Marketing 472

Marketing Sales Closing Mortgages 472

Real Estate News

MARCH 7, 2025

St. Louis-based MARIS says its new program could bring multiple tens of thousands of dollars to some brokers by giving them a percentage of data feed revenue.

MLS 240

MLS 240

Keeping Current Matters

MARCH 6, 2025

It’s no secret that remote work has surged over the last few years.

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230

Inman

MARCH 6, 2025

At $24 billion, Guild's 2024 mortgage production marked the San Diego-based lender's biggest year since the pandemic-fueled refinancing boom.

Mortgages 167

Mortgages Loans Industrial Marketing 167

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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

Sales

Estate Agent Today

MARCH 11, 2025

The interest rate cut in August and the Stamp Duty deadline this April appear to have created a surge in mortgage lending at the end of last year, Bank of England data suggests.

Lending 113

Lending Mortgages Residential Banks 113

Housing Wire

MARCH 8, 2025

Mortgage rates are declining, and recent purchase application data shows a promising 9% week-to-week increase and a 2% rise compared to the previous year. Does this indicate that the housing market is beginning to wake up just in time for spring? While I wouldn’t say we’re experiencing a full revival just yet, the latest data suggests a stabilization.

Mortgages 450

Mortgages Sales Marketing As-is 450

Real Estate News

MARCH 7, 2025

As AI evolves, more companies are launching tools aimed at improving agent efficiency but they cant replace the human touch, tech leaders say.

Agents 229

Agents 229

Keeping Current Matters

MARCH 5, 2025

Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered during the buyer’s inspection.

Inspection 229

Inspection Marketing 229

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

Inman

MARCH 7, 2025

The trade group wants to replace the polarizing National Association of Realtors rule with what it's calling a "Clear Collaboration Policy," which it says would be more flexible than the status quo.

MLS 174

MLS Industrial Agents 174

Marco Santarelli

MARCH 7, 2025

Mortgage rates have indeed plunged to their lowest points this year on March 7, 2025, signaling a moment of opportunity for prospective homeowners and those looking to refinance. According to the latest data from Freddie Mac , the national average for a 30-year fixed mortgage is now 6.63% , while the 15-year fixed rate has dropped to 5.79%. This decline can be attributed to various economic factors, including recent changes in tariffs and upcoming reports regarding jobs and inflation, which may

Mortgages 100

Mortgages Fixed-rate mortgage Finance Loans 100

Housing Wire

MARCH 5, 2025

Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin. Investors purchased 47,004 homes during the quarter, marking a 3.9% decline from Q4 2023, the steepest drop in a year. The decline comes amid high mortgage rates , slowing homebuyer demand and an uncertain economic outlook.

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Investor Finance Marketing Sales 354

Real Estate News

MARCH 11, 2025

The Rocket-Redfin deal means more competition for portal giants like Zillow and CoStar, but also for smaller brokerages and boutique lenders.

Brokerage 225

Brokerage 225

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Keeping Current Matters

MARCH 12, 2025

Buying your first home is exciting, but let’s be real – it can also feel overwhelming.

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175

Inman

MARCH 6, 2025

Learn how this award-winning broker-owner went from top producer to leading The Agencys first New Jersey office, redefining real estate with a boutique, high-performance approach.

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Short sale Brokerage Residential Sales 158

Estate Agent Today

MARCH 10, 2025

Average mortgage rates have dropped to their lowest levels since before the Budget in October 2024 but buyers need to act fast to get them.

Mortgages 111

Mortgages 111

Housing Wire

MARCH 10, 2025

Monday’s breaking news that Rocket Companies is set to acquire online real estate brokerage Redfin shed light on the changing landscape of the homebuying marketplace. In an exclusive interview with HousingWire , Rocket CEO Varun Krishna said that having a hand in the entire real estate funnel gives Rocket’s broker network “a bigger piece of the pie.” “We think about it more like opportunity. … So when you look at Rocket’s strength in mortgage with Redfin

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Branding Brokerage Commercial Title 418

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents