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Remodeling industry could benefit from focus on aging in place

Housing Wire

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.

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Is technology the problem, not the solution, in the mortgage industry?

Housing Wire

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. This raises a critical question: Is technology failing the mortgage industry, or are we approaching it incorrectly? Continuous improvement and updates keep systems relevant and effective.

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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. But despite challenges posed by rates, industry professionals continue to find a way forward. I think that’s true from an industry standpoint.

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Nothing burger? Smart move? Industry reacts to NAR’s CCP changes

Housing Wire

NAR noted that the policy is designed to exist in conjunction with CCP, which requires listing brokers to list a property on the MLS within 24 hours of publicly marketing it. But while Cantrell believes local MLSs will not be pleased with this added responsibility, Saul Klein, an industry veteran and the CEO of San Diego MLS , disagrees.

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Mauricio Umansky wants the real estate industry to ignore the ‘noise’ around the NAR settlement

Housing Wire

HousingWire real estate reporter Jeff Andrews sat down with Umansky to talk about his brokerage, agent recruiting efforts, how the industry is changing in the wake of the NAR commission lawsuit settlement — and even a little fashion. It’s really out of pure love and wanting to give back to an industry that we love.

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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

With higher rates, lower transaction volumes usually plague the industry, translating to fewer appraisals as homeowners hunker down with their lower rates. Industry professionals expect an increase in transactions following the Fed’s recent rate cuts , leading to an increase in appraisal demands. Jaro is ahead of Fannie and Freddie.

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FCC says new rules for robocall and text opt-outs will take effect in April 2025

Housing Wire

The new guidelines are designed to make it easier for consumers to revoke consent for unwanted robocalls and texts. The effective date for the new rule is April 11, 2025, giving the mortgage and real estate industries roughly six months to become compliant.

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