Housing Wire
JANUARY 13, 2025
Youre bound to find variability in the total cost estimates related to the damage and destruction caused by the wildfires in Southern California , but some of the variations are exacerbated by what is included versus what is excluded in these estimates. According to CoreLogic , the total damage cost estimate for the Los Angeles wildfires as it relates to insured properties is currently at $30 billion.
Inman
JANUARY 13, 2025
As wildfires rage across California, destroying over 9,000 homes and displacing thousands of residents, accessory dwelling units (ADUs) have emerged as a critical housing solution five years after being approved in Los Angeles.ADUs, also known as granny flats, in-law apartments, or casitas, are independent living spaces attached to or located on the same property as single-family homes.
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Housing Wire
JANUARY 13, 2025
There were 45,000 new listings for single-family homes across the country this week, which is a big jump. That’s 12% more sellers than a year ago. This is the trend that will be the theme for 2025. It seems more sellers are coming out every week and that will keep inventory pushing upward. Mortgage rates pushed this week close to 7.25%. Its only two weeks into January and mortgage rates have hit the high end of the range we forecasted for the entire year.
Inman
JANUARY 13, 2025
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions on technology, branding, and market strategies to propel your business into 2025. Discover how to leverage this premier event to enhance your professional growth and adapt to the ever-changing real estate landscape.
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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.
Housing Wire
JANUARY 13, 2025
The wildfires in Los Angeles have caused unspeakable damage, heartbreak and loss of life. As of Monday, the five major fires have burned about 60 square miles in the LA area and 24 people have been killed. While the current focus is rightfully on containing the blazes and protecting residents, its worth taking stock of where housing markets stand in the affected parts of the Los Angeles metro area.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 13, 2025
In this week’s episode of the Real Trending podcast, host Tracey Velt is joined by Danielle Dowell, leader of The DoWell Group at Berkshire Hathaway HomeServices in Chicago. During the conversation, the duo discuss traditional real estate team structures, offer unique resources for new team members and cover future trends in the real estate industry.
Real Estate News
JANUARY 13, 2025
The decision is a blow for the association, which has spent years trying to prevent the Justice Department from reopening its investigation into NAR policies.
Housing Wire
JANUARY 13, 2025
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are aiming to remind homeowners and renters impacted by the ongoing wildfires in Los Angeles of various relief options. These include forbearance and other payment deferral plans, as well as disaster recovery counseling programs through the U.S. Department of Housing and Urban Development (HUD).
RIS Media
JANUARY 13, 2025
In the fast-paced world of this business, it feels like theres always something demanding your attention. But lurking in the background are those sneaky time-wasters that rob you of productivity and, ultimately, success. While mastering time management may sound easy, its actually one of the hardest skills to nail down, especially when agents find themselves… The post 7 Time-Wasting Traps Real Estate Agents Fall Into (and How to Avoid Them) appeared first on RISMedia.
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.
Housing Wire
JANUARY 13, 2025
The Consumer Financial Protection Bureau (CFPB) has found that homeowners facing flooding from rivers and creeks are more likely to be underinsured against flood risk than homeowners in coastal areas, according to a repor t published on Monday. The report is based on a sample of mortgage applications from 2018 to 2022, and it examines flood risk in the southeast and central southwest census regions of the United States, according to flood risk data from the Federal Emergency Management Agency (F
Brownstoner
JANUARY 13, 2025
An affordable housing lottery has launched for an under-construction 17-story, 569-unit development dubbed Loden, with units starting at $914 a month for a studio. Rising half a block from the Brooklyn Botanic Garden in Crown Heights south, and overlooking the S shuttle train tracks, the complex at 54 Crown Street… Read More > The post Crown Heights Affordable Housing Lottery Debuts With $1,161 Two-Bedrooms appeared first on Brownstoner.
Housing Wire
JANUARY 13, 2025
Mr. Cooper Group named former vice chairman and President Chris Marshall as the new CEO of subsidiary real estate solutions firm Xome. Marshall will replace former CEO Mike Rawls, who is set to retire effective June 30. Marshall will work will Rawls over the coming months to ensure a smooth transition of power, the company explained. He will then collaborate with Xome’s leadership team to focus on market share and new revenue opportunities going forward.
RIS Media
JANUARY 13, 2025
Editor’s Note: This story was updated at 12:05 p.m. on Monday, Jan. 13 with a comment from NAR. The National Association of REALTORS (NAR) appeal to the Supreme Court to block the Department of Justices (DOJ) investigation was denied today without comment, allowing law enforcement to continue with its inquiry into NAR rules and practices.… The post Supreme Court Denies NAR Appeal Against DOJ Investigation appeared first on RISMedia.
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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.
Housing Wire
JANUARY 13, 2025
Although eXp World Holdings i s hoping to move past the commission lawsuits thanks to the proposed nationwide settlement it negotiated with the Hooper suit plaintiffs in Georgia, other courts are not so sure. Last Wednesday, Judge Stephen R. Bough, who oversaw the Sitzer/Burnett trial and is also overseeing the Gibson suit, ruled after oral arguments that eXp must turn over all documents related to the negotiation of its settlement by this coming Wednesday, Jan. 15.
Real Estate News
JANUARY 13, 2025
In a recent survey, would-be buyers were most interested in finding a turnkey home close to work, but they're willing to compromise on some features.
Housing Wire
JANUARY 13, 2025
Top 20 U.S. mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region. Evans will help manage retail business in states like Alabama , Arkansas and Tennessee. He will report directly to senior vice president of production Paul Ramos. The new regional vice president brings a bit more to his role than executive mortgage experience.
AAOA
JANUARY 13, 2025
As Southern California faces one of its most devastating fire seasons in recent history, the rental housing market in Los Angeles has seen troubling trends. Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. A recent investigation revealed a Bel Air home listed at $29,500 per monthnearly double its September price of $15,900.
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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.
Brownstoner
JANUARY 13, 2025
Part of a striking row, a picturesque and rarely available English Arts and Crafts-style house by noted 19th century Brooklyn architect William Tubby is little altered since he designed it. Full of charm and quirky nooks, the house includes the original stair and carved wood mantels, no two exactly alike.… Read More > The post William Tubby-Designed Bed Stuy Row House With Mantels Asks $2.5 Million appeared first on Brownstoner.
Real Estate News
JANUARY 13, 2025
The NAR settlement has changed the way compensation is communicated, but getting real with clients can ensure that deals get done and agents get paid.
RIS Media
JANUARY 13, 2025
A recent lawsuit filed in Louisiana is taking direct aim at the National Association of REALTORS (NAR), the Louisiana REALTORS Association and several local groups, alleging antitrust violations, discriminatory practices and restrictive tying arrangements. The case, filed by four Louisiana agents and brokers, echoes similar concerns about equity and competition within the real estate industry… The post Brokers in Three States Suing NAR or Local Associations With Discrimination and Antitrus
BAM Media
JANUARY 13, 2025
In a major setback for the National Association of Realtors (NAR) , the U.S. Supreme Court has declined to take up the association’s appeal request against the Department of Justice (DOJ). This ruling, issued on January 13, 2025, allows the DOJ to continue its investigation into NARs practices, specifically the Participation Rule and Clear Cooperation Policy.
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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.
RIS Media
JANUARY 13, 2025
Above, from left, Dr. Lisa Sturtevant, Nykia Wright and Brian Buffini on this years RISMedias Real Estates Rocking in the New Year, the fifth-annual virtual event held January 9. After a year of upheaval and uncertainty in the real estate industry, it was clear last week by the thousands in attendance at RISMedias Real Estates… The post Thousands Attend Ready to Thrive in 2025RISMedias Rocking in the New Yearto Hit the Ground Running appeared first on RISMedia.
BAM Media
JANUARY 13, 2025
What if you could learn to double your listing views, win more clients, and sell homes fasterall in one hour? The real estate market isnt slowing down, and neither should you. If youre ready to attract more eyeballs to your listings, consistently nail your listing presentations, and close deals faster than ever, this is the webinar youve been waiting for.
RIS Media
JANUARY 13, 2025
A $34 million settlement struck by mega-brokerage eXp and a separate $8.5 million deal agreed to by Weichert have been thrown into significant doubt after Judge Stephen R. Bough, who oversaw the Burnett case, expressed major reservations about the process of the negotiations, ordering both brokerages to turn over documents and communications for his review.… The post Welcome to Courtroom 7B: Burnett Judge Lambasts eXp, Weichert Settlement Negotiations appeared first on RISMedia.
Inman
JANUARY 13, 2025
Former Keller Williams team leader and virtual assistant company CEO Craig Goodliffe is facing child endangerment and intoxication charges after officers found nine boxes of marijuana in his home.
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