Housing Wire

MARCH 31, 2025

Florida’s long-standing reputation as America’s affordable sunshine paradise is rapidly dimming under the weight of skyrocketing housing costs, unsustainable insurance premiums and crumbling infrastructure, according to a new report from real estate analytics firm Cotality. The study reveals a state at a critical crossroads, with early warning signs mirroring California ‘s housing collapse that triggered a mass exodus of residents.

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Eye on Housing

MARCH 31, 2025

NAHB recently released its 2025 Priced-Out Analysis, highlighting the housing affordability challenge. While previous posts discussed the impacts of rising home prices and interest rates on affordability, this post focuses on the related U.S. housing affordability pyramid. The pyramid reveals that 70% of households (94 million) cannot afford a $400,000 home, while the estimated median.

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Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. The Detroit-based fintech , which is also in the midst of acquiring real estate brokerage and home search portal Redfin for $1.75 billion , is paying an equity value of $9.4 billion in stock, the companies said in a statement early Monday morning.

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Inman

MARCH 31, 2025

A new website soliciting plaintiffs for a possible class-action suit against the Washington MLS asks homeowners if they've sold in the state and seen "a price drop or significant days on market.

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MLS Days on market Marketing Brokerage 158

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Development

Housing Wire

MARCH 31, 2025

There are three big trends in the spring 2025 housing market: Supply continues to build. This is measurable in both the total unsold inventory and the number of new listings each week. Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates.

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Housing Wire

MARCH 31, 2025

Rocket Companies industry-shaking plan to acquire Mr. Cooper in a $9.4 billion deal comes just weeks after the Detroit-based lender announced its acquisition of real estate brokerage Redfin for $1.75 billion. Rocket CEO Varun Krishna and Mr. Cooper CEO Jay Bray who is slated to report to Krishna as the president and CEO of Rocket Mortgage told HousingWire in an interview that the merger is expected to generate $100 million in revenue synergies and $400 million in expense savings.

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Inman

MARCH 31, 2025

According to the complaint, developers and brothers Arthur and William Lie Zeckendorf of Zeckendorf Development, LLC allegedly rushed to close the deal before news broke about a planned 37-story skyscraper next door that would erase the penthouse's premium-priced park view.

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Housing Wire

MARCH 31, 2025

Baltimore-based private mortgage lender Dominion Financial is joining the AI movement. On Monday, the company announced the addition of two artificial intelligence-powered assistants to help real estate investors and mortgage brokers. The digital assistants, dubbed “Harvey” and “Donna,” were built internally under the leadership of John McClelland, who heads the company’s artificial intelligence division.

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Investor Mortgages Lending Technology 355

Keeping Current Matters

MARCH 31, 2025

Last year, 70% of buyers abandoned their home search – and maybe you were one of them.

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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.

Industrial

Housing Wire

MARCH 31, 2025

Following a rise to an all-time high in the second quarter, senior-held home equity saw a modest decline in the third quarter and endured a more severe drop in the fourth quarter. Homeowners 62 and older saw their collective home equity levels drop by 1% in Q4 2024 to a total of $13.95 trillion. That’s according to the latest edition of the Reverse Mortgage Market Index (RMMI), a quarterly report compiled by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data

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Inman

MARCH 31, 2025

A federal judge in Georgia has rejected a bid to transfer a case against eXp Realty and Weichert to a federal court in Missouri over allegations the companies negotiated a sweetheart deal to resolve commission-related antitrust claims against them nationwide.

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Brokerage 119

Housing Wire

MARCH 31, 2025

As much of the nation continues to reckon with critical shortages to housing inventory that exacerbate affordability woes, housing advocates in California are seeking to exempt homebuilding projects in urban areas from being subjected to a key climate law that critics say has slowed construction. Last week, a group of bipartisan lawmakers unveiled a robust package of 22 bills seeking to address the states housing woes.

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Construction Land As-is Marketing 312

Real Estate News

MARCH 31, 2025

Countering criticism from Compass Robert Reffkin, the CEO of the Washington-based MLS said private networks are designed to benefit brokerages, not consumers.

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Brokerage

Housing Wire

MARCH 31, 2025

UWM Holdings Corp. , the parent of United Wholesale Mortgage (UWM) on Monday named Rami Hasani as its new chief financial officer, effective April 1. Former CFO Andrew Hubacker , who took on the role in February 2023, will be moving into a new role as a senior adviser effective April 1, UWM confirmed. external reporting; financial compliance; tax, treasury and liquidity management; and budgeting and forecasting.

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Mortgages 335

Inman

MARCH 31, 2025

More agents say their clients are successfully negotiating lower commissions than they've traditionally earned, according to preliminary results from the latest Inman Intel Index survey.

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Housing Wire

MARCH 31, 2025

Plaintiffs in a high-profile commission lawsuit have been denied a motion to intervene in eXp World Holdings’ and Weichert Realtors settlement in a separate case. Plaintiffs in the combined Gibson/Umpa suit argued that the settlement agreed to by the brokerages in the Hooper suit is a sweetheart deal that’s meant to avoid harsher judgments than they might have received if theyd negotiated their settlements in the Gibson case.

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Real Estate News

MARCH 31, 2025

Rocket makes $9.4 billion deal to buy Mr. Cooper and bring together the homeownership experience at scale posing a bigger threat to Zillows super app.

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Mortgages 255

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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.

Agents

Housing Wire

MARCH 31, 2025

The latest data through February 2025 shows agent mobility dropping across all tracked measures, signaling an unexpected dip as the real estate industry heads into its traditionally active recruiting season. This continues a pattern of subdued agent movement identified throughout late 2024 and early 2025, reflecting ongoing caution among agents and brokerage leaders alike.

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Inman

MARCH 31, 2025

Gibson plaintiffs accuse Hanna Holdings of "judge shopping." Berkshire Hathaway Energy and Hanna Holdings say donations to Judge Boughs wifes city council campaigns are disqualifying.

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Housing Wire

MARCH 31, 2025

Amid a contentious industry debate on private listings, Northwest Multiple Listing Service (NWMLS) President and CEO Justin Haag offered strong words of support for NAR’s Clear Cooperation Policy (CCP) and recent provisions to the rule. Now, a new website , called Washington Homeowner Rights, is soliciting NWMLS home sellers in Washington state for a potential class action lawsuit.

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MLS Brokerage Industrial Days on market 259

Real Estate News

MARCH 31, 2025

Members will make the final call, and if approved, the move will create a unified voice in North Texas at a time when our industry demands it.

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Industrial 249

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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.

Agents

Housing Wire

MARCH 31, 2025

Late last week in an email update to its members, the National Reverse Mortgage Lenders Association (NRMLA) announced that reverse mortgage software pioneer Jerry Wagner, founder of Ibis Software , died in February. Prior to embarking on his forays into the reverse mortgage industry, Wagner served as chief operating officer for San Diego Financial Corporation , at the time the largest bank holding company in that city.

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Due diligence Mortgages Development Banks 293

Inman

MARCH 31, 2025

The niche Lodgerin addresses is businesses and universities its primary markets being faced with finding suitable, affordable and safe occupancy solutions for employees and constituents when working or serving in locations abroad.

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Housing Wire

MARCH 31, 2025

The Frost-Lindner Team , one of northern Utah s leading luxury real estate groups, has joined Christies International Real Estate in Park City, Utah, the company announced. Led by Jamison Frost and Valen Lindner, the team has closed more than $1 billion in career sales and is known for representing some of the most exclusive properties in Park City.

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RIS Media

MARCH 31, 2025

The COURT REPORT is RISMedias weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Berkshire Hathaway Energy Company joins push for Judge Bough recusal Judge Stephen Boughthe federal court judge who is overseeing the Burnett and Gibson lawsuitshas been called to recuse himself from the Gibson case by Hanna… The post COURT REPORT: Berkshire Hathaway Pushes for Judge Recusal appeared first on RISMedia.

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