Tue.Jan 28, 2025

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Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?

Housing Wire

Nationstar Mortgage currently doing business as Mr. Cooper has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure. Attorneys general and mortgage regulators in 50 states, as well the District of Columbia, agreed to a settlement that requires Mr. Cooper to provide $5.8 million in payments to eligible borrowers.

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The Rise and Fall of Downtown Brooklyn’s Dazzling Emporiums

Brownstoner

Downtown Brooklyn's Fulton Street has long been a shopping mecca, home to large department stores and specialty retailers alike. An early 20th century shopper could stroll along the street and find everything from furs to furniture. The retail corridor has certainly seen change over the centuries, and the recent… Read More > The post The Rise and Fall of Downtown Brooklyn’s Dazzling Emporiums appeared first on Brownstoner.

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Why title insurance is essential to the U.S. system of property rights

Housing Wire

The U.S. system for the transfer of real estate is unique in the world. We transfer ownership by private contract between parties; no advance government approval is required. By contrast, many European countries have a centralized, government-managed land registration system, which requires government review before property transfers are effective. Among the many benefits of the U.S. system are the speed of the transfer, which in our system depends only on the parties being ready to close.

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Home prices hit record high in November despite cooling demand

Inman

In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2 percent and 3.8 percent, respectively, according to new data released Tuesday.

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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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Home-price growth remained cool in November

Housing Wire

Home-price growth trended below historic averages in November, according to the S&P CoreLogic Case-Shiller national home-price index (HPI) released Tuesday. In November, the national index came in at a reading of 323.91, up 3.8% annually but down 0.09% month over month. The annualized increase is up from the 3.6% gain posted in October. Despite below-trend growth, our National Index hit its 18th consecutive all-time high on a seasonally adjusted basis, Brian D.

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Protecting remote access with multi-factor authentication

Housing Wire

Remote work has become indispensable in todays interconnected environment. Yet the convenience of working outside a centralized office also expands the potential for cyber threats. This installment of our Reducing Risk series examines how Multi-Factor Authentication (MFA) can help protect your remote access systems, reduce the risk of unauthorized access, and strengthen overall cybersecurity.

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Canopy MLS Plans to Launch AI-Powered Assistant Ardi

RIS Media

Canopy MLS has announced its plans to implement Ardi, an AI-powered assistant designed to provide subscribers with quick and easy access to critical information anytime, anywhere. This AI will streamline support, save time and improve overall efficiency. Were excited to bring Ardi to Canopy MLS to better support our subscribers. This AI-powered assistant will make… The post Canopy MLS Plans to Launch AI-Powered Assistant Ardi appeared first on RISMedia.

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The best real estate closing gifts for 2025

Housing Wire

Real estate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process. We’ve included the do’s and don’ts of gift giving, some details about tax write-offs, and we answer some commonly asked questions.

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Nashville Real Estate Agent Folds Arms, Makes Stern Face During Inspection To Mask Complete Confusion

BAM Media

Kyle Berman, a 34-year-old real estate agent in Nashville, Tennessee, endured the uncomfortable experience of attending an inspection with his buyer this past weekend. Still relatively new to the business, Kyle admitted he was a little nervous about the questions his buyers might ask regarding the houses functionality and condition. Why dont they teach us any of this stuff in pre-licensing education?

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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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The LA wildfires are a reminder of the cost burden of reconstruction

Housing Wire

Catastrophic weather events in the U.S. are reshaping insurance premiums and real estate markets, which will inevitably drive up costs and worsen affordability. Notably, hailstorms, the devastating wildfires in California and hurricanes in the Gulf Coast are reminders of the cost burdens associated with housing reconstruction and risk. And just last week, a historic and rare Gulf Coast snowstorm resulted in all 50 states having already seen snow accumulations snow this winter.

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Foreclosure Activity Declines in 2024

RIS Media

A new report from ATTOM Data shows that foreclosure activity in 2024 was on the decline compared to the year prior, a possible indicator of a balanced market and careful lending practices. According to ATTOMs Year-End 2024 U.S. Foreclosure Market Report, foreclosure proceedings were reported on 322,103 U.S. properties for the whole of 2024a 0.23%… The post Foreclosure Activity Declines in 2024 appeared first on RISMedia.

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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Dunmor CEO Franck Ruimy spoke with HousingWire ‘s Sarah Wolak on why he anticipates 2025 will be a strong sales year, and he highlighted the recent growth for the business-purpose lending (BPL) sector.

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Case-Shiller: National House Price Index Up 3.8% year-over-year in November

Calculated Risk Real Estate

S&P/Case-Shiller released the monthly Home Price Indices for November ("November" is a 3-month average of September, October and November closing prices). November closing prices include some contracts signed in July, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).

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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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Concierge Auctions and Luxury Presence team up on marketing

Housing Wire

Luxury real estate auction house Concierge Auctions has entered a co-marketing partnership with proptech startup Luxury Presence , announced today. The collaboration offers Luxury Presences clients the ability to promote upcoming auctions, in addition to using the Concierge Auctions platform as a tool in the buying and selling of high-end listings , according to a press release.

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Clinton Hill Rezoning to Swap Migrant Shelter for Homes, Retail, Maker Spaces

Brownstoner

A major redevelopment project, set to transform a 10-building commercial site near the Brooklyn Navy Yard into a mixed-use area, has entered the citys land use review process. A 2.6-acre block in Clinton Hill that sits across from the Brooklyn Navy Yard and is currently being mostly used as a migrant… Read More > The post Clinton Hill Rezoning to Swap Migrant Shelter for Homes, Retail, Maker Spaces appeared first on Brownstoner.

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New lawsuit sweeps up 8 brokerages and MLSs

Real Estate News

The companies were among the remaining entities not covered by NARs deal. They quickly agreed to settle, paying more than $10.5 million in combined damages.

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Consumer Confidence Continues Slide, Remains Above Recession Line

RIS Media

Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend is not outside of the range its been in the past few years. Consumer confidence has been moving sideways in a relatively stable, narrow range since 2022. January was no exception, said Dana M. Peterson,… The post Consumer Confidence Continues Slide, Remains Above Recession Line appeared first on RISMedia.

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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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Brooklyn Real Estate Listings Six Months Later: Three Sold, One Still Available

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Cobble Hill, West Midwood, Sunset Park, and Brooklyn Heights. How did they fare? First up, with four floors of living space and impressive details, this renovated Cobble Hill brownstone also comes with… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One Still Available appeared first on Brownstoner.

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MLS PIN pushes back against DOJ in advance of settlement hearing

Inman

The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system.

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Want to Sell 30+ Homes in 2025? Start Here

BAM Media

Start the year off right with BAM Pro Bowl 2025the Super Bowl of Real Estate Knowledge. Join us for two hours of exclusive real estate content wrapped in nonstop entertainment on February 5th at 12 PM EST. Its also free (though it shouldnt be). Secure your spot now! Business planning isnt a set it and forget it task you tackle once a year and then shelve.

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The expanding role of micro-units in property renting

Inman

Despite challenges, municipalities are increasingly open to micro-unit developments as they seek innovative solutions to the affordability crisis, multifamily expert Michael Zaransky writes.

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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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Wireless Intercom Systems: What to Know and Top Picks 

Swiftlane

IP and wireless intercom systems are quickly outpacing legacy systems because they can simplify operations, enhance security, and modernize the tenant experience. In this buyer’s guide, well explain how wireless and IP systems work, compare them to wired alternatives, and highlight key features like cloud-based management, remote access, and security.

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8 actionable ways to guide real estate clients with integrity

Inman

When clients know they can trust you, coach Darryl Davis writes, referrals flow, relationships deepen and reputations grow.

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Unveiling Palma Bonita: Marriott-Branded Luxury Residences by The Bouzy Group and Empresas Bern in Panama

Coldwell Banker

A seamless blend of beach life and city conveniences just 15 minutes away from Panama City. The post Unveiling Palma Bonita: Marriott-Branded Luxury Residences by The Bouzy Group and Empresas Bern in Panama appeared first on Coldwell Banker Blue Matter.

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Maximizing a ‘3rd place’: 3 keys to building relationships that transact

Inman

Third places, where people gather for face-to-face social interaction, offer an opportunity for real estate agents in our increasingly fragmented and isolated society, team leader Carl Medford writes.

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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.