Mon.Jan 20, 2025

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How gen AI is making real estate cybercrime easier than ever

Housing Wire

Cybercrime losses rose to a record high of $12.8 billion in 2023, according to the FBI’s Internet Crime Report , and 2024 saw more of the same. Consider these stats: FundingShield reported that 45.5% of loans processed in Q4 2024 had issues that lead to wire fraud risks. NDP Analytics reported that in just one month in 2024, 19% of firms reported a seller impersonation fraud attempt.

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1.73 million Total Housing Completions in 2024 including Manufactured Homes; Most Since 2006

Calculated Risk Real Estate

Although total housing starts decreased 3.9% in 2024 compared to 2023, completions increased sharply year-over-year. There were 1.731 million total completions and placements in 2024, up 12.5% compared to 2023, and the most since 2006. Not counting Manufactured homes, there are 1.628 million completions in 2024, up 12.4% from 1.449 million in 2023, and also the most since 2006.

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Home sales are stalled with 7% mortgages

Housing Wire

New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Those sales gains have evaporated and even reversed. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago.

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When Is the Perfect Time To Move?

Keeping Current Matters

It’s easy to get caught up in the idea of waiting for the perfect moment to make your move – especially in today’s market.

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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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Treasury outlines rising cost of homeowners insurance

Housing Wire

A comprehensive report on homeowners insurance released by the Treasury Department this week outlined the cost of climate challenges on homeowners. Notably, the report found that homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with the lowest climate risks and had nonrenewal rates that were 80% higher than those inlow-risk areas.

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Capitulation: Why buyers and sellers are ready to move

Housing Wire

Inaction is easy. Its quiet; unwritten; immune from critique. It sits undone; confidently static. But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopaths diary entry: We could have watched you grow up, but your grandpa and me werent willing to give up our 2.875% rate to move closer to you. Your mother and I could have sent you to good schools, but we just didnt have the energy to problem-solve a new monthly payment.

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LA fires spark a call for real estate ‘unity’

Real Estate News

Industry veterans and pro musicians channel their hopes into a song thats meant to point people toward positive change in a time of "so much hate.

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Lower CEO Dan Snyder explores acquisitions, technology and growth plans

Housing Wire

In this weeks episode of the PowerHouse podcast, HousingWire President Diego Sanchez talks with Lower CEO Dan Snyder about the digital lenders recent acquisition of Neat Labs , its in-house tech development efforts and coaching programs for top producers. This conversation has been edited for length and clarity. To start the conversation, Sanchez asks a question about Lowers most recent acquisition.

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MLS Milestones: Floor plans required in New Mexico; Texas MLS expands

Real Estate News

In a first for the industry, NMMLS mandates floor plans on all listings and hopes other MLSs will follow its lead. Plus, Waco Realtors joins NTREIS.

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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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Moment of truth: 2025 RealTrends Verified rankings are open for submission

Housing Wire

The time has come to highlight game-changing real estate professionals who adhered to the gold standard of brilliance in 2024. RealTrends Verified has opened the submissions period for its 2025 rankings, alongside a series of big-time enhancements. This year’s rankings mark a new chapter in the journey for RealTrends Verified and real estate professionals won’t want to miss out.

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Debunking Housing Market Crash Predictions for 2025

Marco Santarelli

Are you feeling that nagging sense of dj vu? All this talk about a housing market crash in 2025 might be conjuring up some uneasy memories of 2008. But hold on a second, while it's natural to feel a bit jittery, the truth is, the situation is nowhere near as bleak as some headlines would have you believe. In fact, the evidence suggests that predictions of a significant housing market crash in 2025 are largely overblown.

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Keller Williams, LPT start the year with recruiting wins

Real Estate News

While the firms are operating at very different scales, they're each focused on growth, with KW gaining ground in Toronto and LPT nabbing 11 Livian teams.

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Daily Links: Seniors Living on Houseboats in Mill Basin Marina Get Eviction Notices

Brownstoner

In the News With City of Yes, New York Gets Real About Housing Crisis [NYT] Which Subway Line Has the Most Delays? [NYT] Busta Rhymes Accused of Assaulting Assistant in Dumbo [NYP] MLK Day Health Crawls to Celebrate Food, Culture, Community [BP] Revamped Caribbean Market Lacks Buzz: Vendors [BK Reader] A New York City Housing Crisis,… Read More > The post Daily Links: Seniors Living on Houseboats in Mill Basin Marina Get Eviction Notices appeared first on Brownstoner.

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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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Remodeling Market Sentiment Improves in the Fourth Quarter of 2024

RIS Media

The National Association of Home Builders (NAHB) has announced the release of its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, which posted a reading of 68, up five points compared to the previous quarter. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair”… The post Remodeling Market Sentiment Improves in the Fourth Quarter of 2024 appeared first on RISMedia.

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South Midwood Queen Anne With Porch, Parking Asks $3.5 Million

Brownstoner

There are only a handful of listing photos for this Queen Anne standalone, but they give a tantalizing glimpse of some fine interior details, including built-ins, stained glass, mantels, wood floors, and pocket doors. On a corner lot at 2404 Foster Avenue, it is spacious indeed, with generously sized entertaining… Read More > The post South Midwood Queen Anne With Porch, Parking Asks $3.5 Million appeared first on Brownstoner.

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Team Tactics: Creating a Workflow to Streamline Your Team

RIS Media

Sometimes the best way to structure your teams day doesnt spring immediately to minda workflow, or a planned series of activities that help your team members complete a task, is needed. Your team members may need a way to organize their thoughts and tasks in order to maximize efficiency for both themselves and their clients… The post Team Tactics: Creating a Workflow to Streamline Your Team appeared first on RISMedia.

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5 GENIUS Ways Real Estate Agents are Using ChatGPT

BAM Media

Weve all heard of ChatGPT by now, but MOST real estate agents are probably using about.0001% of its potential to revolutionize their business. So, consider this your public service announcement: the game has changed. If youre not leveraging tools like ChatGPT, youre leaving time, money, and opportunities on the table. AI, and specifically ChatGPT, is transforming how Realtors can streamline tasks, connect with clients, and grow their businesses.

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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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A Seamless Experience From Transaction to Close

RIS Media

Above, Carol Perry Providing consumers a cohesive experience from contract to closeand beyondis the name of the game for HomeSmart International Founder and CEO Matt Widdows, who recruited friend, business partner and confidant Carol Perry to be part of his team as he launched the company nationally. With nearly 20 years of experience in the… The post A Seamless Experience From Transaction to Close appeared first on RISMedia.

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Inside the habits of real estate’s AI power users: Inman Intel survey

Inman

Agents told Intel that artificial intelligence has "significantly" boosted their productivity while others reported less promising results. See what tools they're using that other agents are not.

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Court Report: eXp and Weichert Settlements Under Review; MLS PIN Reveals DOJ Rejection

RIS Media

The COURT REPORT is RISMedias weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. eXp and Weichert settlements under review eXp and Weicherts attempts to reach a conclusion in the commission lawsuit Gibson v. NAR have hit another road block. Both brokerages have faced accusations of partaking in a… The post Court Report: eXp and Weichert Settlements Under Review; MLS PIN Reveals DOJ Rejection appeared first on RISMedia.

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When divisive political rhetoric crosses the fair housing line

Inman

Costs and lawsuits are on the rise. Make sure that your marketing and practices don't set you up for a fair housing violation or accusation with help from Dr. Lee Davenport.

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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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Apartment Demand Rebounds, Vacancies Finally Fall

AAOA

Key Takeaways Vacancy rates have leveled off for the first time in three years as apartment demand reaches its highest point since 2021. If demand continues to grow, landlords may gain more pricing leverage, potentially leading to rent hikes starting in 2025. Investors are returning to the apartment market, with transaction activity rising in cities like Denver, San Francisco, and Washington, D.C.

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Buyers must be prepared for missing Stamp Duty deadline – warning

Estate Agent Today

Homebuyers need to be prepared to be disappointed about missing the Stamp Duty deadline, a mortgage industry figure has warned.

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Apartment Marketing in 2025: The 3 Challenges You Must Address

AAOA

2024 marked a ‘return to normal’ for the multifamily industry. Rent prices increased by 1%, retention rates were above average, a record number of new units were added, and demand remained high due to rising home costs. However, early indications suggest that 2025 will bring new challenges, especially for apartment marketers. With economic factors shifting and renter preferences evolving, staying ahead will require a renewed focus on the fundamentals that truly drive leasing performa

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Calling All Real Estate Agents – Workflows

GeekEstate Agents & Brokers

We have an offer from a member of GEM Diamond to share with the audience here. The offer is from Max Diez at Twenty Five Ventures , which offers a range of services to early-stage companies innovating the real estate technology space from product development to funding, and was shared on Linkedin : Were conducting a study to understand better how agents manage their workflows, prioritize leads, and interact with clients throughout the transaction processand we want to hear from YOU.

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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.