Tue.Feb 04, 2025

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Zillow’s Orphe Divounguy says homebuilders need help to address affordability

Housing Wire

In a new episode of the Top of Mind podcast , host Mike Simonsen sits down with Orphe Divounguy, senior economist at Zillow. They explore forecasts for the 2025 housing market, key macroeconomic trends to monitor, solutions to the housing affordability crisis and more. This conversation has been summarized and edited for length and clarity. To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market.

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Want to amend a buyer agreement? NAR lawyer explains how

Real Estate News

Signed agreements can be changed but only under certain circumstances. NARs general counsel provides scenarios and addresses other common questions.

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Compass launches client-facing portal with listings, docs and more

Housing Wire

The race is on for brokerages to capture clients in an incredibly difficult housing market, and Compass believes a new technology offering will give it an advantage. The brokerage on Monday launched Compass One, a client-facing portal that provides a guide through the process of both home buying and selling. Compass One gives clients easy access to relevant documents, calendars, listings and communication with their agent.

MLS 393
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Buyer Bright Spot: There Are More Homes on the Market

Keeping Current Matters

The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates.

Marketing 191
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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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Rithm SPAC affiliate seeks to raise $200M for acquisition

Housing Wire

A “blank check” special purpose acquisition company (SPAC) affiliated with asset manager Rithm Capital has filed paperwork with the Securities and Exchange Commission (SEC) to raise $200 million for an acquisition in the financial services and real estate sectors. We intend to target companies in the financial services and real estate sectors where our management has extensive investment and operational experience, the SEC filing reads.

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How Compass' new portal works for buyers, sellers and agents

Real Estate News

The brokerages latest tech offering, Compass One, is an end-to-end platform focused on consumers and private listings.

Agents 187

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Climate change reshapes real estate, putting $1.5T in value at risk

Inman

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing but also considering climate risks before purchases.

Marketing 165
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State Farm seeks 22% rate hike in California after LA fires

Housing Wire

Homeowners in California with an insurance policy from State Farm could see a 22% rate hike. The insurer sent a letter to the California Department of Insurance on Monday that described its dire financial situation due to the wildfires in Los Angeles County and a request for an emergency insurance rate hike. In addition to the 22% rate hike for owners of single-family homes, State Farm is also requesting an emergency rate hike of 15% for condominium owners and a 38% rate hike for rental homes.

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Former Vegas Realtors CEO sues organization after election mishap

Inman

Wendy DiVecchio points to disagreement with the board over LVR's ownership of its MLS as a potential reason she was suspended, investigated and subsequently fired last week.

MLS 158
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RCN Capital acquires BLN Software

Housing Wire

Nationwide private lender RCN Capital on Tuesday announced the acquisition of BLN Software , which offers a loan origination system and loan management system for the private mortgage lending industry. The announcement from Connecticut-based RCN said that “the lender is looking to provide even more robust tools for its wholesale clients by investing in a state-of-the-art software platform that they can leverage to grow their businesses.” BLN, which is also headquartered in Connecticu

Lending 288
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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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A broker left out of NAR settlement gets candid: ‘I’m still pissed’

Inman

First Team CEO Michele Harrington's company just settled a commission suit. But while speaking to Inman, she was critical of the way the suits, and NAR's involvement, have played out.

MLS 151
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New York bill would require reverse mortgage lenders to strengthen consumer disclosures

Housing Wire

A bill introduced in January to the New York state Senate is seeking to bolster the disclosures that reverse mortgage lenders make to potential clients in an effort to broaden their understanding of the product, as well as the obligations that a borrower assumes when engaging with the industry. This is according to the text of the bill reviewed by HousingWire s Reverse Mortgage Daily (RMD).

Mortgages 261
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The future of the MLS: A proposed path toward a national network

Inman

Achieving a national multiple listing service should be our top priority as Realtors, Michigan-based @properties Christies International Real Estate broker Chris Marzke writes for Inman.

MLS 154
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Cornerstone Capital Bank launches community lending division

Housing Wire

Cornerstone Capital Bank , a national mortgage originator and servicer, is launching a community lending division to serve underserved communities, the company announced this week. The new division will be based in Arlington, Texas. Cornerstone plans to close the homeownership gap for underserved communities in the 45 states that the company operates in.

Lending 210
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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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What’s next for fair housing in an anti-DEI era?

Inman

Protecting fair housing must be a non-negotiable part of building a more inclusive and equitable future, Keller Williams' Julia Lashay Israel writes.

Equity 122
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Clear cooperation sparks debate, but dual agency deserves the spotlight

Housing Wire

The debate on Clear Cooperation Policies (CCPs) continues, with the real estate industry almost unanimously rallying behind these supposedly virtuous rules. Meanwhile, anyone challenging the status quo may be branded as “self-serving” or “indifferent to consumers.” But lets cut through the noise and examine whats really going on.

MLS 205
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Nominate a rising star of the real estate industry

Inman

Nominations are now open in four awards categories for 2025, including a slate of new honors meant to spotlight achievements in artificial intelligence and recognize real estate's emerging leaders.

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February Demo Day: ICE Product and Pricing Engine

Housing Wire

ICE PPE ICE PPE (Product and Pricing Engine) is a powerful pricing tool integrated within the Encompass mortgage software solution. It streamlines pricing, locks, and compliance, enhancing growth, efficiency, and profitability in a single platform. With ICE PPE, you can quickly access rates, verify eligibility, maintain accurate data, and stay updated on changes that impact loan scenarios.

Investor 275
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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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How to navigate a buyer’s cold feet without derailing the deal

Inman

Buyers may cancel a purchase at the last minute due to anxiety about the market, trepidation about taking on financial obligations or a nagging feeling that a more perfect home might be out there, Luke Babich writes.

Marketing 106
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February Demo Day: CoreLogic

Housing Wire

DigitalTax Onboarding Decisions DigitalTax Onboarding Decisions automates tax line setups during loan onboarding, leveraging closing data and customizable rules to reduce errors and streamline exception management. With clear audit trails and dashboard tools, it simplifies reporting, reduces manual work, and ensures accuracy, helping servicers ensure accurate tax line setup from day one.

Loans 216
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State Farm seeks double-digit rate hike in California in wake of LA fires

Inman

The insurer asked the California Department of Insurance to raise rates by an average of 22 percent "to help avert a dire situation" as the company pays thousands of claims related to the fires.

Agents 91
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Arrival Home Loans partners with fintech zavvie

Housing Wire

Arrival Home Loans on Tuesday announced a partnership with zavvie a fintech company that specializes in bringing liquidity to residential real estate in an effort to enhance the homebuying experience for its customers. The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes.

Loans 249
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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Here’s What Moves Mortgage Rates—and Why It’s Not Always the Fed

RIS Media

When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But the relationship isn’t that straightforward. The federal funds ratethe rate banks charge each other for overnight loanshas an indirect impact on mortgage rates. The Federal Reserve sets a target rate range for its ratecurrently 4.25%… The post Heres What Moves Mortgage Ratesand Why Its Not Always the Fed appeared first on RISMedia.

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Daily Links: Fed Funding Freeze Delays Section 8 Payments to NYC Landlords

Brownstoner

In the News Brooklyn Neighborhoods Rank Among NYCs 10 Most Pricey [NYP] Brooklyn Streets Glow Red and Gold for Lunar New Year [BP] Beloved Thai Spot Ugly Baby Is Reborn as Hungry Thirsty [BK Mag] The Changing Tides of Bed Stuy's Tompkins Avenue [BK Reader] NYC Blames Late Section 8 Rent Checks on Federal Disarray… Read More > The post Daily Links: Fed Funding Freeze Delays Section 8 Payments to NYC Landlords appeared first on Brownstoner.

As-is 92
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Rules on closing costs, PACE loans on CFPB chopping block

Inman

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here's what that potentially means for the recent slate of rules and lawsuits targeting the mortgage industry.

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Rightmove: More UK homes sell in February and March

Estate Agent Today

February and March have been named as the best months to list a home for sale, based on the likelihood that the home goes on to sell.

Sales 67
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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Brooklyn Listings Six Months Later: Two Sold, One Still Available, One off the Market

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Prospect Heights, Clinton Hill, and Flatlands. How did they fare? First up, in the Prospect Heights Historic District, this row house is a two-family with an owners triplex and a top floor… Read More > The post Brooklyn Listings Six Months Later: Two Sold, One Still Available, One off the Market appeared first on Brownstoner.

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Lifetime ISA should be ‘repositioned’ for first-time buyers – claim

Estate Agent Today

The Lifetime ISA (LISA) should be reformed so it focuses on first-time buyers, a wealth manager claims. MPs on the Treasury Committee are investigating how the LISA tax-free savings product could be improved. It currently lets saver age 18 to 40 save money tax-free for their first home or their retirement.

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Stop Blaming The Market—Your Time Management Is The Real Issue

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! Time management is the foundation of a successful real estate business. Yet, most agents dont value their time as they shoulddespite it being their most finite and valuable asset.

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HomeOwners Alliance unveils interior design partnership

Estate Agent Today

The HomeOwners Alliance has partnered with My Bespoke Room to give users access to interior design tips. The property advice website will give users discounted access and special offers on My Bespoke Rooms interior design packages and expert advice.

Design 62
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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.