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A growing Fannie Mae “blacklist” is paralyzing home sales

Housing Wire

A spokesperson for Fannie told WSJ its requirements are designed to help protect borrowers from physically unsafe or financially unstable projects,” and disagreed with the characterization of Fannies database of projects as a blacklist but rather an online tool. WSJ found that 5,175 properties fail to meet Fannie Maes standards.

Sales 334
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AgentCoach.AI is deploying bots to train real estate agents

Housing Wire

Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. said in a statement.

Agents 344
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California will require home insurers to offer policies in high-risk wildfire areas

Housing Wire

Fewer options have led more homeowners to the California FAIR Plan, which is designed to be a stopgap measure rather than a permanent solution. The lack of insurance options has also led to many home sales falling through. This is a historic moment for California.

Design 523
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Ruoff Mortgage teams with Calque on ‘buy before you sell’ offering

Housing Wire

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Buyers are not required to prepare their current home for sale until after they move into the new property. Calque also offers buyers a guaranteed offer on their current home to reduce risk. “It

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How a luxury real estate agent fell for a listing scam

Housing Wire

Why listing scams are on the rise Unlike home sales, land transactions often skip in-person meetings or property access, which makes it easier for scammers to impersonate legitimate owners without detection. But in land sales where no physical structure exists this vital step is often skipped, leaving a gap for scammers to exploit.

Agents 361
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RealTrends launches real estate agent and team city rankings

Housing Wire

These rankings are designed to help top-performing agents and teams highlight their accomplishments within their specific local markets, enhancing their credibility where it matters most — close to home. However, Leading RE agents and team bested the sales volume. Find out which agents and teams ranked highest in your city here.

Agents 464
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More first-time buyers rely on mortgage rate buydowns to afford homes

Housing Wire

HomeLight is an Arizona -based real estate platform designed to connect agents with clients. HomeLight notes that this is becoming more common for existing-home sales. The company’s 2024 Top Agent Insights survey gathered perspectives from more than 750 real estate agents between Oct. 30 and Nov.