Tue.Mar 04, 2025

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Mortgage rates have dropped sharply. How will borrowers respond?

Housing Wire

March figures to be a crucial month for gauging consumer interest in the 2025 housing market. The pace of home sales remains near a 30-year low point as home prices and mortgage rates keep potential borrowers in wait-and-see mode. But mortgage rates have posted an unusually large decline in the past week. On Tuesday, HousingWires Mortgage Rates Center showed that the average 30-year conforming rate was 6.89%, down 12 basis points (bps) from a week ago.

Mortgages 479
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More Buyers Are Making Moves — Is It Time To Sell?

Keeping Current Matters

More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.

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What comes next for remote online notarization oversight?

Housing Wire

Remote online notarization (RON) continues to stake its claim as a critical innovation for real estate professionals and homebuyers, opening the door for faster closings and largely eliminating the need for in-person meetings. However, enhanced accessibility and improved security has also come with regulatory challenges and risks that every stakeholder in the property transaction process must navigate.

Title 396
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Eternal confusion: Mixed messages on amending buyer agreements

Inman

Six months after commission lawsuit changes took effect, compliance expert Summer Goralik writes, uniformity in implementation and guidance remains elusive, making industry confusion the norm and compliance an ever-moving target.

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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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With lower costs and other value, rural areas are enticing for older homebuyers

Housing Wire

Rural areas are often in need of different kinds of expertise that is easier to find in urban areas, but they can also provide more value for homebuyers and a sense of community that is difficult to replicate in other, more populated areas of the U.S. This is according to a syndicated article originally published by the Daily Yonder , a national news publication focusing on stories from rural America.

Equity 406
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Rethinking ‘Coming Soon’: A Clear Cooperation compromise

Inman

Reasonable adjustments to current policies can satisfy both sides of the Clear Cooperation Policy debate, consultant Chris Marzke writes, benefitting clients, developers and real estate professionals.

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NAR names new general counsel as Lesley Muchow quietly steps aside

Inman

Jon Waclawski was named as Muchow's replacement after nearly a decade serving on NARs political and legal teams. NAR also replaced the legal team behind Sitzer | Burnett, Batton.

Brokerage 141
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Treasury halts business ownership information reporting

Housing Wire

The U.S. Department of the Treasury announced that it will not be handing down penalties stemming from violations of the beneficial ownership information (BOI) reporting rule as part of the Corporate Transparency Act (CTA). According to a press release, the Treasury will not enforce any penalties or fines associated with the beneficial ownership information reporting rule under existing regulatory deadlines.

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The Thermostat Effect: How comfort limits your growth

Inman

Growth and comfort rarely coexist, broker Nick Schlekeway writes. By setting your goals outside your comfort zone, you build momentum that drives consistent growth, no matter your circumstances.

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Compass invites outside agents to use Coming Soon listings in latest shot at CCP

Housing Wire

Compass has taken its fight against the Clear Cooperation Policy (CCP) to another level. The brokerage is giving agents at all brokerages access to Coming Soon, which houses its exclusive listings. Compass says that the listings protect home sellers against negative insights, such as days on market. In a news release, Compass CEO Robert Reffkin appeared to openly taunt the National Association of Realtors (NAR), whose CCP rulerequires a Realtor to put a home for sale on the local NAR-affiliated

Agents 346
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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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Want to snag more listings? A 16-point premium marketing plan

Inman

Maximum exposure equals maximum price, trainer Bernice Ross writes. Adopt this list of premium services to differentiate yourself from the competition and defend your commission.

Marketing 125
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New executive leaders at FOA to focus on ‘modernizing’ tech, customer experience

Housing Wire

Top five reverse mortgage lender Finance of America (FOA) announced on Tuesday the hiring of two new executive leaders to modernize the companys digital and customer experience strategies. The hires are designed to bolster the companys efforts to accelerate its strategy of redefining the reverse mortgage market through digital transformation, with a particular emphasis on modernizing a corner of the mortgage industry that presents significant opportunity to improve customer experiences with inno

Equity 298
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What marketing tools are must-have in 2025? Pulse

Inman

Are there marketing tools you cant live without? Let us know which platforms, software or strategies are making the biggest impact on your business this year.

Marketing 122
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Texas orders cut to title insurance premiums

Housing Wire

A 10% reduction in title insurance premiums was recently ordered by the Texas Department of Insurance (TDI), with the regulator citing profit ratios that were deemed to be excessive. The mandate is set to go into effect July 1. Texas insurance commissioner Cassie Browns office laid out what led to the move in a written order containing provisions analyzed by the Texas Land Title Association (TLTA) and the Texas Office of Public Insurance Counsel (OPIC).

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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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Could reservation agreements be the next stage of housing reforms?

Estate Agent Today

The Government doesnt appear to have ruled out making property offers legally binding.

Staging 117
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Xactus, FICO launch Score Mortgage Simulator

Housing Wire

Xactus has become the first technology partner to introduce the FICO Score Mortgage Simulator, a new tool designed to help lenders and borrowers understand how credit decisions impact mortgage eligibility. The simulator, developed by FICO , is the only mortgage industry tool that uses FICO scores and FICO score algorithms. It is now available through verification platform Xactus360.

Mortgages 259
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Community Workshop Will Reimagine the Future of East New York Train Station

Brownstoner

Share your vision for a bit of East New York history at a community workshop designed to spark ideas for preserving the Long Island Railroad Substation 2. Hosted by Preserving East New York (PENY) and East New York Community Land Trust (ENYCLT), the event will bring together community members and students… Read More > The post Community Workshop Will Reimagine the Future of East New York Train Station appeared first on Brownstoner.

Land 104
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Palisades, Altadena property values are actually soaring post-wildfires

Housing Wire

Since mid-February, over 80 listings for burned lots in Pacific Palisades and Altadena have appeared on the market following the devastating Los Angeles wildfires that took place in January, with land parcels fetching prices exceeding initial expectations. The wildfires ravaged over 16,000 structures in total, which left homeowners to grapple with the choice to either rebuild with insurance money or sell.

Land 230
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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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‘There Is a Wave Coming’

RIS Media

Above (from left to right): National Association of REALTORS President Kevin Sears and Anthony Lamacchia According to Anthony Lamacchia, real estate professionals will look back on 2023 and 2024 and say, “That wasn’t easy.” But those days are over, he adds. “Folks, I’m telling you, there is a wave coming in the next five years.… The post ‘There Is a Wave Coming’ appeared first on RISMedia.

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Floify launches tool to streamline mortgage applications, support compliance

Housing Wire

Floify has introduced Dynamic Apps, a new feature that allows mortgage lenders to customize loan applications based on loan type. The no-code tool aims to simplify the application process for borrowers while ensuring regulatory compliance and expediting approvals. We see allowing lenders to collect information specific to the type of loan they are originating as a game-changer, streamlining the approval process and providing a red carpet experience for loan applicants, said Sofia Rossato , presi

Mortgages 230
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Fannie and Freddie: Single Family Serious Delinquency Rates Increased in January

Calculated Risk Real Estate

Freddie Mac reported that the Single-Family serious delinquency rate in January was 0.61%, up from 0.59% December. Freddie's rate is up year-over-year from 0.55% in January 2024, however, this is close to the pre-pandemic level of 0.60%. Some of the recent increase in the 90+ day delinquency rate is probably related to the hurricanes last year. Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble and peaked at 3.17% in August 2020 during the pandemic.

Loans 102
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Patent infringement suit against Redfin dismissed

Housing Wire

The load carried by Redfins legal team just got a bit lighter. The patent infringement suit filed by Virtual Creative Artists (VCA) over the system Redfin uses to power its listing portal has been dismissed. VCA notified the U.S. District Court in Seattle, where it filed the lawsuit a month and a half ago, that it was voluntarily dismissing the suit with prejudice, meaning that the plaintiff cannot file a new suit with the same claims, on Monday.

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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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Brooklyn Real Estate Listings Six Months Later: All Four Sold

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Beverly Square West, Park Slope, Flatbush, and Canarsie. How did they fare? First up, in the Flatbush micro nabe of Beverly Square West, this expansive house has been renovated with an open… Read More > The post Brooklyn Real Estate Listings Six Months Later: All Four Sold appeared first on Brownstoner.

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Is Keller Williams pointing toward an IPO after Stone Point’s strategic investment?

Housing Wire

Rumors that Keller Williams is considering an initial public offering (IPO) have circulated since the dawn of time or at the very least, over the past few decades. But until now, the rumors have appeared to be nothing more than speculation. But after entering into a strategic partnership with private equity firm Stone Point Capital on Monday, industry analysts and experts believe that Keller Williams may actually be on the path to go public.

Equity 176
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News Corp CEO unfazed by CoStar’s bid to buy REA competitor

Inman

News Corp CEO Robert Thomson said he's unbothered by CoStar's push to enter Australia, touting his company's media portfolio as a major advantage in pushing traffic to portals without breaking the bank.

Banks 103
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Newsmakers Spotlight: How Katey McGrath Created Connections that Led to Leadership

RIS Media

Katey McGrathvice president and director of Operations of Elfant Wissahickon REALTORSwas recently named as a Crusader in RISMedias 2025 class of Real Estate Newsmakers. She was recognized for her leadership on the Philadelphia Womens Council of REALTORS, Philadelphia Commission for Women and BrightMLS Board of Directors, as well as having a successful career in the… The post Newsmakers Spotlight: How Katey McGrath Created Connections that Led to Leadership appeared first on RISMedia.

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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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UHM adds $1B in lending capacity with NRL Mortgage acquisition

Inman

Houston-based Nations Reliable Lending, which does business as NRL Mortgage, sponsors 44 mortgage loan originators working out of 27 branch locations in 10 states.

Lending 93
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Today’s Mortgage Rates March 4, 2025: Rates Have Dropped Sharply

Marco Santarelli

Today's mortgage rates on March 4, 2025, show a slight decrease, particularly in the 30-year fixed mortgage rate, which sits at an average of 6.26%. However, mortgage rates have dropped nearly 30 basis points from their February average and plunged last week amid market fears of an economic slowdown. It signifies a potentially more favorable environment for entering the housing market or adjusting your current mortgage terms.

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Ninth Circuit Affirms REX v. Zillow Ruling, Rejects DOJ Argument

RIS Media

The Ninth Circuit Court of Appeals yesterday affirmed a lower court decision denying listing service startup REXs attempt to revive claims that Zillow and the National Association of REALTORS (NAR) conspired to implement the no-comingling rule in violation of antitrust statutes, as the long-running lawsuit appears to have finally fizzled. In a six-page ruling, Judges… The post Ninth Circuit Affirms REX v.

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Maurice Boschetti and Boschetti Realty Group join Compass

Inman

The powerhouse Boschetti Realty Group has joined forces with Compass, where the team is further cementing its dominance in Coconut Grove, Florida's luxury real estate market, the brokerage announced Monday. Under the leadership of top broker and managing partner Maurice Boschetti and partner Silvia Boschetti, the nine-agent team has closed over $500 million in sales and handled numerous high-profile, multi-million dollar deals.

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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.