Mon.Mar 24, 2025

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Home sellers who didn’t list on the MLS lost $1B in sale proceeds: Zillow

Housing Wire

Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. The study also found that these losses were deepest in communities of color. Zillow defined communities of color as ZIP codes where a majority of households are headed by Blacks , Hispanics , Asian Americans, Pacific Islanders or Native Americans.

MLS 501
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Women, Wealth and Real Estate: How Daniela Pagani takes control

Inman

As women like this Chicago luxury broker step into real estate, Melanie Klein writes, they continue to redefine success and carve out pathways to lasting financial independence.

Brokerage 158
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Price reductions: 6 things to consider before lowering the price

Housing Wire

Before rushing to a price reduction for your real estate listing, its important to take a step back and evaluate all the factors that could be affecting the sale. Is the home being marketed effectively? Does it show well? Is the seller being flexible with showings? Have seasonal trends been taken into account? Is the price aligned with current market conditions?

Staging 363
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Lower Mortgage Rates, Better Affordability

Eye on Housing

As housing affordability remains a critical challenge across the country, mortgage rates continue to play a central role in shaping homebuying power. Mortgage rates stayed elevated throughout 2023 and early 2024. Recent data, however, shows a modest decline in mortgage rates. Even slight declines can have a significant impact on housing affordability, pricing more households.

Mortgages 122
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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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5 lessons we learned at the HW Economic Summit – and why we consider it a ‘must attend’

Housing Wire

The HousingWire Economic Summit, held Feb. 26 in Dallas, provided valuable insights into the forces shaping the mortgage and housing markets in 2025. With economists, analysts and industry leaders in the room, discussions revolved around key economic indicators, inventory shifts, technology advancements and what lenders should be doing right now to prepare for the next cycle.

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Brad Clayton, Steve Murray launch FIJI MarketPlace for brokerage valuations

Housing Wire

Brad Clayton of ClaytonWolf and Steve Murray of RTC Consulting have teamed up to launch FIJI MarketPlace. The industry veterans describe it as an AI-driven platform for real estate team and brokerage valuations and sales. According to their announcement, FIJI MarketPlace users will be able to drastically reduce their company valuation costs and time frames, with the platform providing customized valuations in minutes for only $399.

Brokerage 341
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It’s time to stop tearing each other down over Clear Cooperation

Real Estate News

Not all sellers want the same thing. And this doesnt have to be an all-or-nothing debate. The MLS can be the foundation of positive change, and heres how.

MLS 260
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Home sales evaporate in impacted neighborhoods after LA wildfires

Housing Wire

The Los Angeles wildfires started in early January and left miles of devastation across several communities. Redfin data released Monday shows that February home sales in Altadena and Pacific Palisades were down significantly from the same month a year ago, placing another layer of devastation on the housing markets in these communities. Redfin’s report reviewed home sales in both areas during the month of February.

Sales 341
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Zillow Report Finds Private Listing Networks Result in Lower Sale Prices

RIS Media

The Multiple Listing Service (MLS) system is an integral part of the home-selling process as it exists today. In fact, a new report by Zillow has found that if homesellers step outside the MLS network, they tend to get a lower final sale price for their listingespecially sellers from communities of color. Zillow found that… The post Zillow Report Finds Private Listing Networks Result in Lower Sale Prices appeared first on RISMedia.

Sales 99
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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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Hispanic homeownership rate declines slightly to 49%

Housing Wire

The U.S. Hispanic homeownership rate declined for the first time in a decade in 2024, to 49%, but more Hispanic households own their homes than ever before. This is according to the 2024 State of Hispanic Homeownership Report created by the National Association for Hispanic Real Estate Professionals ( NAHREP ). The report concludes that the decline in the Hispanic homeownership rate was not due to a net loss of Hispanic households, but rather occurred because the rate of Hispanic household forma

Finance 347
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Brooklyn Heights ‘Moonstruck’ House With Wide-Plank Floors Returns at $14 Million

Brownstoner

After selling for $12.5 million in 2022, the Brooklyn Heights dwelling perhaps best known as the "Moonstruck" house is back on the market. The most recent buyer of 19 Cranberry Street was an LLC, with the New York Post reporting at the time that comedian Amy Schumer and her husband,… Read More > The post Brooklyn Heights ‘Moonstruck’ House With Wide-Plank Floors Returns at $14 Million appeared first on Brownstoner.

Marketing 104
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Southern states had the highest mortgage denial rates in 2023: NAR

Housing Wire

Prospective buyers face numerous obstacles on their journey to homeownership , with access to credit often serving as a major hurdle. Mortgage denial rates vary significantly across the U.S., with some states seeing far higher rejection rates than others, according to a new report from the National Association of Realtors (NAR). Three Southern states recorded the nations highest mortgage denial rates in 2023, the trade group reported in its Snapshot of Race and Home Buying in America.

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Budgeting for a New Home: How Much to Build a House on My Land?

HomeLight

If youve ever dreamed of going on adventures in the wilderness or living a life outside of the hustle and bustle of suburban or city life, off-the-grid living may be something youve considered. If so, youre in good company more and more people in the United States have ditched the standard American dream to be self-sufficient, connect with nature, and reduce their carbon footprints.

Land 97
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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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HUD, DHS seek to stop undocumented immigrants from using federal housing programs

Housing Wire

After signing a new interagency memorandum of understanding (MOU), the Department of Housing and Urban Development (HUD) and the Department of Homeland Security (DHS) will collaborate in an attempt to keep undocumented immigrants in the U.S. illegally from accessing housing programs funded by U.S. taxpayers. HUD Secretary Scott Turner traveled to DHS headquarters to sign the agreement alongside DHS Secretary Kristi Noem.

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Home sales optimism fades with NAR economist’s new forecast

Real Estate News

Though the stage is set for a strong rebound, one important factor needs to change in order to unleash an anticipated flurry of market activity.

Sales 233
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Weekly pending home sales finally exceed 2024

Housing Wire

After a very disappointing first quarter with home sales failing to climb over 2024s already anemic levels, signs are finally emerging in March that weve turned the corner to have some growth. This weeks pending home sales count came in at just under 69,000 single-family homes, which was 2.3% greater than the same week a year ago. Thats really the first week all year where home sales exceeded those of 2024.

Sales 310
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What’s a Short Sale in Real Estate? This FAQ Sheet Breaks Down the Basics

HomeLight

Every time you open your mailbox, youve got stacks of collection notices from every creditor. Youre behind on the mortgage with no way to catch up, and now youre facing foreclosure. Soon, youll be out on the street with a big blot on your financial record. In the midst of these financial straits, there may be a slightly better option: a short sale. Youll still have to sell the house and move out , but youll have more control over the situation and youll also put yourself in a better position to

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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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CoreLogic rebrands to Cotality to reflect ‘balancing data with humanity’

Housing Wire

CoreLogic is rebranding to Cotality , the company announced Monday. The global rebrand reflects the companys evolution from its origins in financial services supporting the mortgage industry to an information services provider that is creating a faster, smarter, and more people-centric property industry, the company said in a press release. This rebrand reflects innovation, evolution, and commitment to uniting property professionals strengthening businesses, fostering relationships, and powerin

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Home Price Predictions Upwardly Revised by NAR for 2025 and 2026

Marco Santarelli

Are you glued to housing market news, trying to figure out what's next? Are prices going up, down, sideways? Well, the latest word from the National Association of Realtors (NAR) is in, and it's a bit of a mixed bag, but with a clear upward nudge on prices. The home price forecast jumps for 2025 and 2026 , according to NAR's revised projections, meaning we're likely to see home prices grow faster than initially expected in the coming years.

Sales 90
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eXp, Weichert cite Howard Hanna motion to rebuff Gibson plaintiffs

Housing Wire

Weichert Realtors and eXp World Holdings have cited Howard Hanna Real Estate Services motion for the recusal of Judge Stephen R. Bough, who oversaw the Sitzer/Burnett trial, in the Gibson suit, as a reason why the Gibson plaintiffs should not be allowed to intervene in the Hooper suit. Unlike most of the other large brokerages hit by the wave of copycat commission lawsuits filed after the Sitzer/Burnett jury verdict , eXp and Weichert did not reach settlements in the Gibson suit, instead choosin

Brokerage 332
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Keyes Company Closes Record-Breaking Home Sale on Behalf of ‘Real Housewives’ Star

RIS Media

The Keyes Company has announced that agent Irene Cadet has successfully represented Real Housewives of Dubai star Lesa Milan Hall in the sale of a newly built estate in Weston, Florida. The company reports that the $6.75 million transaction is the most expensive in the history of the citys Windmill Reserve neighborhood. Cadet was able… The post Keyes Company Closes Record-Breaking Home Sale on Behalf of Real Housewives Star appeared first on RISMedia.

Closing 98
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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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HUD cancels HECM-related tech contract under direction of DOGE

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) has moved to cancel a contract that involves a technology service for Home Equity Conversion Mortgage ( HECM ) counselors , according to a review of the contract details on government websites and an announcement from the National Reverse Mortgage Lenders Association (NRMLA). The HECM Client Budget and Resource Identity Tool (CBRIT), implemented by the department in 2022, is designed to help housing counselors direct HECM clients to vari

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Daily Links: Development Due for Clinton Hill’s Long-Vacant Brooklyn Union Gas

Brownstoner

In the News How the Owner of a Nightclub, Roller Rink Spends Sundays [NYT] Man Accused of Shoplifting Dies at Brooklyn Courthouse [NYT] Coney Islands Luna Park to Offer Free Rides on March 29 [BP] Man Killed by E-Bike Delivery Worker in Greenpoint [Gothamist] Brooklyn Apartments Tap Into Earth for Heating, Cooling [The City] M. Wells… Read More > The post Daily Links: Development Due for Clinton Hill’s Long-Vacant Brooklyn Union Gas appeared first on Brownstoner.

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Seniors could be disadvantaged by new in-person Social Security requirement

Housing Wire

Following initial reactions by trade groups and senior advocacy organizations to a new in-person identity verification requirement from the Social Security Administration (SSA), others are weighing in about the potential challenges that older Americans could face if the requirement is fully implemented. Last week, SSA announced that beneficiaries who are unable to complete their identity verification online must go to an SSA office to have the process completed in person.

Equity 293
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My favorite home items from 6 years’ worth of FabFitFun boxes

Fancy Pants Homes

Today, I’ll take you on a walk around the house and show you my favorites from all the home items FabFitFun has sent me over the years. If you haven’t heard about FabFitFun yet, you must be out of their target demographic entirely. The lifestyle subscription box is both a viral sensation and the hub of a vibrant community of women. It reportedly had over 2 million paying members in 2024, but that doesn’t even factor in past members.

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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.