Fri.Jan 31, 2025

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Planet Financial hires Ken Quantie to lead KeyLink Title

Housing Wire

The title entity of Planet Financial Group has a new leader. On Thursday, Planet announced the hiring of Ken Quantie as its new senior vice president of KeyLink Title. In this role, Quantie will work to expand KeyLinks residential and commercial title offerings, making them available to outside financial services entities by the end of first-quarter 2025.

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Pending home sales decline 5.5% following months of growth

Inman

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors.

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PennyMac’s 2024 performance driven by strong servicing portfolio

Housing Wire

PennyMac Financial Services Inc. reported Thursday that it earned $104.5 million in net income during the fourth quarter of 2024 on revenue of $470.1 million. It’s an about-face for PennyMac after it posted a net loss of $36.8 million in Q4 2023. For 2024 as a whole, the California -based lender earned a profit of $311.4 million, up from $144.7 million in 2023.

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Trending: Taking a deep dive into AI and algorithms

Inman

AI disruptors, evolving social media algorithms and new content formats are changing real estate marketing. Jessi Healey breaks down the latest trends and how agents can adapt to stay ahead.

Agents 165
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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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HUD’s key homelessness snapshot may be impacted by Florida law

Housing Wire

A key homelessness report issued every year by the U.S. Department of Housing and Urban Development (HUD) could be muddied by city ordinances and state law in Florida banning public sleeping and camping, according to a local official with a federally funded homelessness agency. The Point-in-Time (PIT) count is a count of sheltered and unsheltered people experiencing homelessness on a single night in January, HUD says on its website detailing the program.

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Tony Hawk calls homeownership ‘saving grace’ during career slump

Inman

Inman Connect San Diego keynote and skateboarding icon Tony Hawk appeared on SoFi's Richer Lives podcast and shared how his first home purchase saved his family during a financial dry spell.

More Trending

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Time in the Market Beats Trying To Time the Market

Keeping Current Matters

Are you torn between whether to buy a home now or wait? Consider this.

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Evergreen Home Loans expands to five Southeast states

Housing Wire

Evergreen Home Loans , which is based in Washington state and has a presence in seven Western states, announced a major expansion of its footprint on Friday. The company has also hired John Porath as its new regional manager to oversee business in Florida , Georgia , North Carolina, South Carolina and Tennessee. “I’m thrilled to have someone as talented as John leading our new Southeast Region,” Robert Lipston, executive vice president for Evergreen Home Loans, said in a statem

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Fed’s Preferred Inflation Gauge Rose Again at the End of 2024

RIS Media

The Federal Reserve declined to cut interest rates any further at its latest meetingand the Feds preferred inflation metric now shows that the goal of 2% annual inflation remains elusive. In the latest monthly Personal Consumption Expenditures (PCE) report compiled by the Bureau of Economic Analysis, monthly inflation in the PCE price index (tracking costs… The post Fed’s Preferred Inflation Gauge Rose Again at the End of 2024 appeared first on RISMedia.

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Aging-in-place tech platform secures $35M funding round

Housing Wire

An aging-in-place technology platform recently secured a $35 million funding round, which it hopes to use to expand its existing partnership portfolio while also aiming to enter the Medicaid market. The Helper Bees is a platform that connects older adults to a network of non-medical products and services, according to the company. It is designed to make it easier for payers to offer these essential services directly into the home addressing critical needs such as in-home caregiving, home modifi

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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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Adjustable Rate Loans: Should I Get an Adjustable-Rate Mortgage?

HomeLight

Fixed-rate mortgages are the most popular mortgages on the market, but they may not be right for every homebuyer in every situation. Adjustable-rate mortgage loans (ARMs) offer options for borrowers who would benefit from a different approach to financing their mortgage due to specific life events or financial situations. Dont jump into an adjustable-rate loan without doing a deep dive into the intricacies of this loan product.

Loans 102
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Hawaii bill would establish state-run reverse mortgage program

Housing Wire

A group of state representatives in Hawaii have introduced a new bill into the legislature, calling for the establishment of a state-specific Home Equity Conversion Mortgage ( HECM ) program to be managed by the Hawaii Housing Finance and Development Corp. (HFDC). This is according to the text of the bill reviewed by HousingWire s Reverse Mortgage Daily (RMD), and a notice sent to National Reverse Mortgage Lenders Association (NRMLA) members.

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Freddie Mac House Price Index Increased in December; Up 4.0% Year-over-year

Calculated Risk Real Estate

Note: The Freddie Mac index is a repeat sales index using only loans purchased by Fannie and Freddie and includes appraisals. See FAQs here. Freddie has data for all states and many cities. For house prices, I’m currently following Case-Shiller, FHFA, CoreLogic, ICE, the NAR median prices, and this Freddie Mac index. Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.54% month-over-month on a seasonally adjusted (SA) basis in December.

Loans 102
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Unlock MLS to allow non-Realtor access

Real Estate News

The CEO of the Austin-based multiple listing service wants subscribers to know we value the ability for them to choose whats best for their business.

MLS 227
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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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Report Shows Equity-Rich Locations Are Saturated Throughout Much of the U.S.

RIS Media

A new report from ATTOM Data shows that equity-rich locales remain concentrated in certain areas, with at least half of all homes with a mortgage considered equity rich located in more than 40% of U.S. zip codes. A mortgage is considered equity-rich if the remaining loan balance equals half the property value or less. A… The post Report Shows Equity-Rich Locations Are Saturated Throughout Much of the U.S. appeared first on RISMedia.

Equity 109
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Final judgment puts a bow on NAR commissions deal

Real Estate News

Court documents lay out the details of the landmark Sitzer/Burnett settlement, including whos in (covered parties and opt-ins) and sellers who opted out.

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RISMedia Announces 2025 Real Estate Newsmakers & Hall of Fame Inductees

RIS Media

RISMedia, the leading information and news provider for the residential real estate industry, has announced its 2025 class of more than 300 Real Estate Newsmakers. Hailing from across the U.S., RISMedia’s eighth annual Newsmaker honorees represent those who made headlines for their commitment and contributions to the real estate industry in 2024, going the extra… The post RISMedia Announces 2025 Real Estate Newsmakers & Hall of Fame Inductees appeared first on RISMedia.

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Daily Links: New Listening Bar From Cafe Erzulie Team Opens in Bushwick

Brownstoner

In the News Subprime Mortgages Destroyed Them. Who Paid the Price? [NYT] Pothole No. 500,000 Has Been Filled [NYT] 15-Year-Old Is Killed in Shooting at East Flatbush Complex [NYT] E-Bike Sparks Third Fire in Three Years at NYPDs Red Hook Pound [BP] Nonprofit Working to Bring Business Back to Brownsville [CBS] Casa Ora Family Opens… Read More > The post Daily Links: New Listening Bar From Cafe Erzulie Team Opens in Bushwick appeared first on Brownstoner.

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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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Pillar To Post Caps a Year of Accolades and Growth

RIS Media

Pillar To Post Home Inspectors has released a year-end recap of its 2024 strategic franchise developments, industry accolades and key additions to its team. Strategic expansion driving growth In 2024, Pillar To Post announced 15 new franchise signings and four resales. The company stated its growth strategy supports its continued strength in keeping territories intact… The post Pillar To Post Caps a Year of Accolades and Growth appeared first on RISMedia.

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Your social media blueprint from a 22-year-old real estate prodigy

Inman

Learn the social media secrets of Omer Reshid, a powerhouse real estate pro and social media expert who shares his insights with Real's Jimmy Burgess.

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A Renovated Windsor Terrace Row House and More to See, Starting at $825,000

Brownstoner

Our picks for open houses to check out this weekend are found in Windsor Terrace, West Midwood, and East Flatbush. They range in price from $825,000 to $2.75 million. 247 Windsor Place Price: $2.75 million Area: Windsor Terrace Broker: Corcoran (Alison McQueen) Sunday February 2, 12:30-2p.m. See it here -> 686 Rugby Road Price: $1,599,999 Area: West Midwood Broker:… Read More > The post A Renovated Windsor Terrace Row House and More to See, Starting at $825,000 appeared first on Br

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RE/MAX Properties and RE/MAX Advantage Realty officially merge

Inman

Led by Tony and Brooke Clement or RE/MAX Properties and Scott and Traci O'Connor of RE/MAX Advantage, the newly combined firm brings over 65 years of real estate expertise.

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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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Canopy MLS Enhances Rental Tools With Industry Partnerships

RIS Media

Canopy MLS has announced it will enhance its subscribers access to rental tools through the latest integration of Rental Beast and OneHome™ This integration embeds Rental Beasts Apply Now application and tenant screening tool into OneHome™, CoreLogics client collaboration platform, providing Canopy MLS subscribers with expanded tools for managing rental transactions, including: Faster rental applications:… The post Canopy MLS Enhances Rental Tools With Industry Partnerships a

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Agents, Your Buyers Are Underestimating These Costs—Here’s How to Help

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! For many, owning a home is an essential part of the American Dream. Younger generation buyers, in particular, still see buying a home as one of their life goals.

Agents 59
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Mortgage Mix: Eleventh Circuit Vacates One-to-One Consent Rule on Robocalls

RIS Media

Editors Note: The Mortgage Mix is RISMedias biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Eleventh Circuit vacates one-to-one consent rule on robocalls This past week in a robocalls case, Insurance Marketing Coalition Limited (IMC) v. Federal Communications Commission (FCC), the U.S.

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Swath of PLG Businesses Ordered to Vacate Amid Rumors of New Development

Brownstoner

A popular Prospect Lefferts Gardens pizzeria served its last slices Tuesday, leaving loyal customers stunned after its landlord reportedly ordered it and neighboring businesses to vacate by the end of the month. Mikes Pizza, a neighborhood staple at the corner of Bedford and Clarkson avenues, is one of eight businesses on… Read More > The post Swath of PLG Businesses Ordered to Vacate Amid Rumors of New Development appeared first on Brownstoner.

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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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Fed’s Meeting in January 2025: Impact on Mortgage Rates

Marco Santarelli

The January 2025 Federal Reserve meeting had a significant impact on mortgage rates, though not in the way many might have expected. The Fed decided to hold interest rates steady , which led to a slight increase in mortgage rates due to market uncertainty about the economic outlook. This decision, while seemingly simple, is actually a result of complex economic factors and signals a cautious approach to monetary policy.

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Taxes on Selling a House in Tennessee

HomeLight

If youre in the process of selling your Tennessee home, youve likely had questions about taxes and what you might owe after selling your home. There are a lot of different taxes to consider, from property taxes to transfer taxes, and it can be overwhelming to keep track of everything. But dont worry. Our quick guide will help you understand the full scope of taxes on selling a house in Tennessee, giving you the tools you need to sell your home quickly and with peace of mind.

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February 2025 Content Ideas for Agents

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! Well, that was the longest January in the history of Januarys. Not sure why, but it felt like this month was never going to endand I wasnt even doing it dry.

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Understanding West Virginia’s Transfer Tax: A Quick Guide

HomeLight

When selling a home in West Virginia, youll likely pay a real estate transfer tax, a fee charged when property ownership changes hands. While not the largest closing cost, its an expense sellers should plan for. This guide breaks down West Virginia real estate transfer tax rates, who pays them, and potential exemptions. Well also cover additional state, county, and city transfer fees.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.