Mon.Oct 21, 2024

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Florida has built 77,000 new homes in high-risk flood areas

Housing Wire

Since 2019, the state of Florida has built more than 77,000 new properties in areas with a high risk of flooding. This is the most among all states, according to an analysis by climate-modeling firm First Street Foundation on behalf of the The Wall Street Journal. The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said.

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What To Expect from Mortgage Rates and Home Prices in 2025

Keeping Current Matters

Curious about where the housing market is headed in 2025?

Mortgages 291
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DOJ sues Rocket, appraisal companies over alleged discrimination

Housing Wire

Another regulator has sued Rocket Mortgage for allegedly discriminating against a Black homeowner by undervaluing her home during an appraisal in Colorado three years ago. And the Detroit-based lender believes it’s a “massive overreach.” On Monday, the U.S. Department of Justice —following a move made by the U.S. Department of Housing and Urban Development (HUD) in July—filed a lawsuit against the lender, appraiser Maksym Mykhailyna and his company, Maverick Appraisal Group ,

Mortgages 511
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NAR hit with another lawsuit over ‘forced membership’

Real Estate News

A case filed in Pennsylvania challenges membership rules and accuses associations of discriminatory treatment of minority real estate professionals.

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The 2025 Real Estate Roadmap to Success

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.

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NAR faces new suit alleging antitrust violations, discrimination

Housing Wire

The legal woes continue for the National Association of Realtors (NAR). On Wednesday, Maurice Muhammad — the broker of Progressive Realty — filed a complaint in U.S. District Court in Pennsylvania claiming that NAR, the Pennsylvania Association of Realtors (PAR) and the Greater Lehigh Valley MLS (GLVMLS) have violated federal civil rights statutes, engaged in unlawful discriminatory practices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

MLS 448
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A danger foretold: NAR’s waning dominance

Real Estate News

The DANGER Report spelled out risks for MLSs, state and local Realtor associations, and NAR — which has weathered unprecedented challenges to its authority.

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More Trending

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NAR, 4 brokerages ask court to toss out Homie suit

Real Estate News

The defendants cite a lack of jurisdiction in the case, which alleges that NAR “controls competition” and accuses brokers of steering buyers away from listings.

Brokerage 195
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The great contradictions of the real estate market moving into 2025

Housing Wire

As 2025 approaches, the U.S. real estate market is marked by contradictions that are leaving many confused. Mortgage rates, rental patterns, homeownership dreams, and housing trends across the country are all seemingly colliding in ways that create both opportunities and uncertainties. It’s a complex landscape where the tension between renting and owning is more pronounced than ever, and regional differences in housing demand highlight the uneven nature of the market.

Marketing 493
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Broker files multimillion-dollar suit over ‘forced’ NAR membership

Inman

Maurice Muhammad alleges a "monopoly" by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents.

MLS 187
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Defendants seek dismissal of Homie’s antitrust lawsuit

Housing Wire

The remaining defendants in Homie Technologies’ antitrust suit are seeking to have the case dismissed. On Friday, the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America and RE/MAX filed motions to dismiss the suit, which was originally filed in mid-August in U.S. District Court in Utah.

Brokerage 448
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Secure success by embracing a leadership mindset, not a position

Inman

I started my real estate career as an agent 23 years ago. Today, I consider myself fortunate to have my dream job as a director of learning for a global real estate brand. I recently helped launch the CENTURY 21 International Leadership Academy to help real estate professionals increase their leadership capacity.

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Looking for clarity in the Clear Cooperation debate

Housing Wire

The controversial Clear Cooperation Policy from the National Association of Realtors continues to spark debate — for several reasons — among real estate professionals. (Image generated by AI in Midjourney) With the Aug. 17 implementation deadline for the business practice changes outlined in National Association of Realtors’ commission lawsuit settlement agreement in the rearview mirror, the real estate industry has turned its focus to a new point of contention — NAR’s Clear Cooperation Policy (

MLS 448
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NAR asks court to dismiss lawsuit filed by discount brokerage Homie

Inman

Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot.

Brokerage 176
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Encompass by ICE Mortgage Technology: A flexible end-to-end origination solution

Housing Wire

The mortgage industry faces constant change. Regulations shift, customer needs evolve, and economic conditions fluctuate. Lenders need a loan origination system (LOS) that can keep up with the changing times. Encompass by ICE Mortgage Technology aims to provide a flexible end-to-end solution for lenders in a modern market. Encompass offers a unified platform for lenders to handle every aspect of the loan process.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Fashion Nova founder buys 2 Miami Beach homes for $30M

Inman

Richard Saghian, the founder of the California-based online fashion company Fashion Nova, has expanded his real estate portfolio with the purchase of two Miami Beach properties for $30 million, The Real Deal reported Wednesday. The acquisition includes a waterfront home at 5718 North Bay Road and a non-waterfront property at 5725 North Bay Road.

Marketing 164
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Judge denies Texas Capital Bank motion for summary judgment in Ginnie Mae dispute

Housing Wire

An effort seeking summary judgment in a case brought by Texas Capital Bank (TCB) against Ginnie Mae over reverse mortgage-related collateral has been denied by presiding Judge Matthew Kacsmaryk, according to a court filing reviewed by HousingWire ’s Reverse Mortgage Daily (RMD). TCB sought summary judgment in a court filing this past summer, which would have allowed the presiding judge to decide part of the case prior to a trial.

Banks 448
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Are you fiscally fit? The financial checkup your business needs

Inman

Maintaining a healthy cash flow, controlling debt, building an emergency fund, planning for taxes and retirement — Keller Williams’ Julia Lashay Israel serves up the financial gut check questions every business needs to ponder.

Finance 157
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Survey shows veterans are more likely than civilians to buy homes in the next year

Housing Wire

In a housing market shaped by uncertainty, military veterans and service members are emerging as some of the most confident and prepared homebuyers, outpacing their civilian counterparts. That’s according to a recent index released by Veterans United Home Loans to measure the financial health and optimism of veterans, active-duty service members and civilians in terms of home purchase timelines and motivating factors, personal finance and their outlook for the U.S. economy.

Finance 476
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Mortgage rates bounce back to July levels on inflation worries

Inman

Another worry for bond market investors is "quantitative tightening," the Fed's program to trim its massive holdings of government debt and mortgages.

Mortgages 157
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The non-QM advantage: Ryan Barrus shares Acra Lending’s blueprint for broker growth

Housing Wire

In a high(er) rate environment, non-QM (non-qualified mortgage) lending continues to play an increasingly pivotal role. To explore how Acra Lending has adapted to these shifts, we sat down with Ryan Barrus, a key player in the company’s non-QM division. In this conversation, Ryan shares Acra Lending’s blueprint for broker growth, including insights on how Acra Lending navigated the pandemic, built relationships with referral partners, and developed tools that help brokers streamline non-QM

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Tesla rented their listing — then used it to debut its humanoid robot

Inman

Jason Peteler of Revel Real Estate and Matthew Yim of Coldwell Banker only knew at first that an EV company had rented their listing for a few days as a filming location. They had no idea it would be the first home in which Tesla's Optimus Robot would be filmed.

Agents 146
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Mutual of Omaha granted more time to respond to Longbridge allegations

Housing Wire

Mutual of Omaha Mortgage has been given more time to respond to allegations against it in a case that accuses the lender of operating manipulative websites that skew reverse mortgage reviews in its favor. The suit, brought by reverse mortgage competitor Longbridge Financial , alleges that Mutual of Omaha operates a series of websites that are both deceptive and purportedly in violation of the Real Estate Settlement Procedures Act (RESPA) as well as guidance from the Federal Trade Commission (FTC

Lending 394
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Century 21 strengthens presence in Las Vegas with 1st Priority Realty

Inman

Now operating as Century 21 1st Priority Realty, Duc Lu and his team will have access to the brand’s technology, marketing, lead generation and agent coaching tools and platforms. Lu plans to initially streamline internal operations at his brokerage before focusing on external growth.

Brokerage 146
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Proposition 33 Ignites Fierce Debate Over California Rent Control Laws

Bigger Pockets

Proposition 33—a measure on this year’s California election ballot that would increase rent control laws by limiting the amount landlords can charge for rent, regardless of an apartment’s rental history, […]

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JONATHAN ROLANDE: Labour may actually be delivering on housebuilding

Estate Agent Today

I’ve lived through enough General Elections to take much of what our politicians say (and promise) with a pinch of salt.

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5 Year-Round Markets Where Short-Term Investors Can Rake In Cash

Bigger Pockets

I’m from a city where you sweat just by stepping outside for a couple of seconds (Houston, Texas).

Investor 128
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Team Tactics: 4 Ways to Make the Most of Driving as a REALTOR®

RIS Media

Unless you and your team don’t have an office carpool, odds are that you’re all spending a lot of time driving yourselves from the office, to open houses, etc. What are the best ways to ensure the time you spend in the car doesn’t feel like gaps in the workday, but full parts of it?… The post Team Tactics: 4 Ways to Make the Most of Driving as a REALTOR® appeared first on RISMedia.

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3 of the Cheapest Places to Buy a House (That We Would Invest In)

Bigger Pockets

Housing affordability in America is the lowest it’s been in forty years.

Marketing 127
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First-time sellers ‘undervalued and under supported’ – warning 

Estate Agent Today

First-time sellers are being neglected when it comes to Government housing support, research suggests.

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Making 6 Figures Investing After Quitting His $40K/Year Job for Real Estate

Bigger Pockets

What if you could not only replace but make MUCH more than your W2 salary with real estate investing? Now, imagine you could do it all in just two years.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.