Fri.Mar 14, 2025

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Rising unemployment is shifting the D.C. housing market: Altos

Housing Wire

Employment in the Washington, D.C. housing market is anything but stable right now and residents are feeling it. According to D.C.’s Department of Employment Services, nearly 12,000 federal employees have filed initial unemployment claims amid widespread cuts enacted by Elon Musk and his DOGE agency. We’re tracking the Washington D.C. housing market using weekly data from Altos, which includes more than 60 different data points on every metro area in the country, to see how employme

Marketing 369
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How to keep your sellers in the loop when their house isn’t moving

Inman

Keeping sellers in the loop isnt just about providing updates, coach Darryl Davis writes. Its about reinforcing confidence and, more importantly, earning their trust.

Agents 183
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Coldwell Banker’s Kamini Lane blasts potential repeal of CCP

Housing Wire

With the National Association of Realtors ( NAR ) reportedly set to vote on the future of its Clear Cooperation Policy (CCP) in the not-too-distant future, the leader of Coldwell Banker Realty is not holding back her feelings about the controversial rule. In an op-ed published Wednesday by Newsweek, Coldwell Banker president and CEO Kamini Lane let loose about the potential repeal of CCP, which requires brokers to list a property on the MLS within 24 hours of publicly marketing it.

MLS 348
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The homeowner affordability crisis is about to explode due to ‘TI’

Inman

Soaring property tax and homeowners' insurance costs have made homeownership less affordable than any time since the 1980s, Bernice Ross writes.

Mortgages 159
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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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World’s first AI real estate agent has already made $100M in sales

Housing Wire

Israeli startup eSelf AI has developed a technology that provides interactive AI real estate agents capable of answering questions and guiding prospective buyers through listings at any time. “We are not only a face that is moving and speaking while the agent responds to the user, but we also have sharing video and image capabilities,” eSelf AI co-founder and CEO Alan Bekker told Fox Business.

Agents 336
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Supportive Apartments for Homeless Discharged From ER Open at Woodhull

Brownstoner

A deeply affordable, fully subsidized apartment building has opened on a former Woodhull Hospital parking lot in Bed Stuy offering housing for low-income seniors and others as well as patients of the NYC Health + Hospitals system who are experiencing homelessness. It is the second of a two-building complex to… Read More > The post Supportive Apartments for Homeless Discharged From ER Open at Woodhull appeared first on Brownstoner.

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What You Need To Know About Pre-Approval

Keeping Current Matters

Before you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage.

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The future of mortgage professionals: Adapting to a changing market

Housing Wire

The mortgage professional of the future goes beyond the transaction. Our mortgage industry is experiencing a fundamental shift. Traditional loan officers who focus solely on transactions are being replaced by mortgage professionals who act as financial strategists, long-term advisors, and educators. As market conditions evolve, homebuyers demand more than just rate quotes and loan approvalsthey seek guidance, financial literacy, and a trusted partner in wealth-building.

Mortgages 355
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Moving on in: The Top 10 States People Are Moving to, According to NAR

RIS Media

States like California, Florida and New York have long been top picks for people deciding on their next move. Recently though, some states have had major upticks in residents, due to their top industries, low taxes, warm weather and more. Based on recently released census information, the National Association of REALTORS (NAR) released a detailed… The post Moving on in: The Top 10 States People Are Moving to, According to NAR appeared first on RISMedia.

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TD Bank, Flagstar Bank closing dozens of branches across the country

Housing Wire

Toronto-based TD Bank and Hicksville, New York-based Flagstar Bank have announced plans to shutter numerous branches across several states. TD Bank confirmed to American Banker that it intends to close 38 branches in 10 states and Washington, D.C. And a recent bulletin from the Office of the Comptroller of the Currency (OCC) show that Flagstar Bank is closing 24 branches in five states.

Banks 363
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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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Close more listings with this customized marketing proposal

Inman

Jimmy Burgess talks with team leader and managing partner Andrew Undem about his step-by-step, super-effective listing presentation and marketing proposal.

Closing 128
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57 crucial real estate statistics that explain the 2025 market

Housing Wire

There is an endless supply of real estate statistics out there, but what the heck do you do with all of them? Well, the old saying knowledge is power rings very true here. Stats are the fuel to the fire of the real estate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them.

Marketing 350
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How to Handle ‘I Want to Interview More Agents’ Like a Pro

RIS Media

Every real estate agent has heard itthe seller who says, I want to interview more agents. Its frustrating, especially when you nailed your listing presentation. Dont panic. This is an opportunity. How you respond can be the difference between securing the listing and walking away empty-handed. Step 1: Stay calm and curious The worst thing… The post How to Handle ‘I Want to Interview More Agents’ Like a Pro appeared first on RISMedia.

Agents 102
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Former director Rohit Chopra sounds alarm over diminished CFPB

Housing Wire

Following a series of moves by key White House leaders at the Office of Management and Budget (OMB) and the U.S. DOGE Service that are ostensibly designed to limit or dismantle the Consumer Financial Protection Bureau (CFPB), its former director appeared Friday morning on CNBC to discuss the upheaval while warning consumers about the risks of a diminished bureau.

Banks 284
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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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Is your market ‘a lion or lamb’? Building permits offer a clue

Real Estate News

New construction is influencing affordability in many areas, with the South seeing the biggest benefits.

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Advocus National Title now providing 1031 exchange services

Housing Wire

Advocus National Title Insurance Co. has launched a new 1031 exchange service, allowing real estate investors to defer capital gains taxes when selling and reinvesting in like-kind properties. The service, offered through Advocus National 1031 Exchange LLC , is operated by Accruit , a qualified intermediary that specializes in 1031 exchanges. A 1031 exchange allows investors to reinvest proceeds from the sale of an investment property into another similar property without immediately incurring c

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Q4 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

This entire housing cycle I’ve argued that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes. Yesterday, CoreLogic reported on homeowner equity: CoreLogic: Borrowers Gained Over $280B in Home Equity in 2024 CoreLogic® … today released the Homeowner Equity Report (HER) for the fourth q

Equity 98
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How urban environments present unique challenges for aging in place

Housing Wire

While its important to understand the unique challenges faced by older Americans in rural or suburban areas as they seek to age in place in their own homes, there can also be unique challenges for those seeking to age in place in urban parts of the country. This is according to a look at the hurdles faced by Philadelphia residents by the citys NPR and PBS affiliate, WHYY.

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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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How to Choose a Home Inspector: A Playbook for Investors

The Close

To ensure a property is a wise investment and free from costly surprises, you should hire a professional home inspector to complete a thorough evaluation. High-quality inspectors are detail-oriented and communicative, maintain the required licenses, and have experience inspecting buildings of your property type. Below, I go through the process of how to choose a home inspector, what to look for, how to find a reputable candidate, plus the costs associated with home inspection and questions to as

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Inside Real Estate acquires AI property search firm ListAssist

Housing Wire

Utah-based Inside Real Estate has acquired ListAssist , which provides artificial intelligence (AI)-powered search and marketing technology that’s designed to enhance the property search experience. Joe Skousen , CEO of Inside Real Estate, described the acquisition as a step toward revolutionizing how consumers search for homes. “We are thrilled to welcome ListAssist to the Inside Real Estate family and begin delivering this first-of-its-kind capability to our clients,” he said

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Housing Affordability Better in 2025, but Not Out of the Woods

RIS Media

Housing affordability remained challenged as of January, but there are better signs pointing to an uplift in the future, according to the latest National Association of REALTORS (NAR) Housing Affordability Index. NARs data saw the qualifying income needed to buy a home continue to rise for the fourth straight month, increasing by 0.84% to $103,104… The post Housing Affordability Better in 2025, but Not Out of the Woods appeared first on RISMedia.

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Rising production expenses hit IMB profits in Q4 2024

Housing Wire

Independent mortgage banks ( IMBs ) and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $40 on each loan they originated in Q4 2024, a decrease from the reported net profit of $701 per loan in Q3 2024. That’s according to the Mortgage Bankers Associations (MBA) Quarterly Mortgage Bankers Performance Report, released today.

Loans 203
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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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How to Sell Your House in a Slow Market: 7 Mistakes to Avoid!

HomeLight

For-sale signs have taken over your block, the local jobs market doesnt look great, and big red price reduction labels tarnish most of the online home listings in your area. Youve got enough evidence to conclude that youre in a slow real estate market and the odds arent in your favor when you sell your house. Given that we have no control over the state of the economy or the pace of home sales, youll need to channel your competitive side and think of this as your next challenge.

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Berkshire Hathaway denies sale to Compass — but what if it happened?

Housing Wire

On the heels of a bombshell report by the Wall Street Journal that Compass is in “advanced talks” for an acquisition of Berkshire Hathaway HomeServices , Gino Blefari, HomeServices CEO, immediately sent out an email fervently denying the news. However, the rumor persists, particularly when you have The Wall Street Journal standing by the story.

Sales 207
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Today’s Mortgage Rates March 14, 2025: Rates Dip Below 52-Week Average

Marco Santarelli

As of March 14, 2025 , the average rate for a 30-year fixed mortgage is around 6.49%. While rates have fluctuated, they are currently slightly below the 52-week average.It's been a bit of a rollercoaster ride watching mortgage rates lately. They dipped slightly, giving hope to potential homebuyers, but various economic factors are keeping them from plummeting.

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Would It Be Better to Buy a Home Now or Wait for Interest Rates to Come Down?

RIS Media

If you would like to buy a house, but youre concerned about high interest rates, make a decision based on your personal circumstances. You should only buy a home if you can afford the total cost of ownership: mortgage, taxes, insurance, maintenance and possibly also HOA fees and private mortgage insurance. Make sure you have… The post Would It Be Better to Buy a Home Now or Wait for Interest Rates to Come Down?

Mortgages 100
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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 Much Value Does Crown Molding Add to Your Home, or Does It Just Add a Certain Elegance?

HomeLight

How can I add value to my home? You ponder, wandering from room to room while refreshing your online banking app, confirming that while you have a bit of cash to play with, its not in the cards to finish the basement or overhaul the kitchen. You pause just long enough to stretch, and as your head tilts back and your eyes sweep from wall to ceiling, it hits you: What about crown molding?

Design 94
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Porch Group bolsters executive team as profits keep rolling in

Inman

Property insurance and home warranty provider announces four additions to its executive team to keep the momentum going after putting together two consecutive profitable quarters.

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‘Unfiltered’: Why NAR is focusing on ‘the $2B and above club’

Real Estate News

Watch the conversation with Sherry Chris as she talks about her new advisory role, how NARs CEO operates and the changes ahead at the national association.

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HomeServices Strongly Denies Compass Acquisition ‘Misinformation’ After WSJ Report

RIS Media

After a March 13 Wall Street Journal report that Compass is in advanced talks to acquire HomeServices, Gino Blefari, president and CEO of the Berkshire Hathaway-owned mega franchisor, sent out a statement to the HomeServices community categorically denying the report, calling it misinformation. I want to confirm to you that there are no discussions, negotiations… The post HomeServices Strongly Denies Compass Acquisition ‘Misinformation After WSJ Report appeared first on RISMedia.

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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.