Fri.Feb 07, 2025

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Mortgage rates remain high due to labor market resilience

Housing Wire

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. For those seeking lower mortgage rates, it’s more essential to see the labor market breaking than to just see improvements in inflation.

Mortgages 478
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Angela Yee of ‘The Breakfast Club’ joins Nest Seekers International

Inman

Yee obtained her first brokerage affiliation with SERHANT. last year, but the radio personality has long been an investor and advocate for building generational wealth through real estate.

Brokerage 162
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Proprietary reverse mortgage business in Oregon could be in danger

Housing Wire

A bill introduced into the Oregon Senate that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property could potentially halt the availability of proprietary product offerings in the state. This is according to a version of the bill reviewed by HousingWire s Reverse Mortgage Daily (RMD), comments submitted to the sponsor lawmakers by the National Reverse Mortgage Lenders Association (NRMLA) and an interview with NRMLA President Steve Irwi

Mortgages 349
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Will ‘days on market’ become the industry’s next big debate?

Real Estate News

Defining days on market is not as simple as it may seem, and leaders have different views on how DOM ties into transparency, consumer interests or even fraud.

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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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Crye-Leike wants to be covered by NAR’s settlement, but rankings data says otherwise

Housing Wire

In 2022, Crye-Leike Real Estate Services closed roughly $7 billion in sales volume, according to data from the 2023 RealTrends Verified rankings. The T3 Sixty Real Estate Almanac reports the same numbers, while the brokerage companys 2022 Annual Report pegged its sales volume at $8.5 billion. But now the Memphis-based firm wants to walk back these numbers.

Brokerage 369

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Fannie Mae says housing market optimism inched up in January

Housing Wire

Homebuyer confidence for purchasing a home increased slightly in January, according to Fannie Mae ‘s Home Purchase Sentiment Index (HPSI). The HPSI increased 0.3 points to 73.4 in January and is now 2.7 points higher than it was a year ago. The share of respondents who believe it’s a good time to sell a home remained unchanged from December at 22%.

Marketing 370
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Why Buying a Home Now Is Your Winning Play

Keeping Current Matters

You may be sitting on the sidelines wondering if it’s better to buy now or wait. But buying before the spring rush may be a game-changing decision.

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Washington, D.C. moves to bolster reverse mortgage foreclosure protections

Housing Wire

The governing council of the nations capital, Washington, D.C. is taking steps to establish a permanent program seeking to protect its older residents with reverse mortgages from foreclosure. In mid-January, the D.C. council enacted the Fairness and Stability in Housing Amendment Act of 2024 , which amends specific housing agency laws to allow for protections for older district residents with a reverse mortgage loan.

Mortgages 343
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Rate cuts this spring? Unlikely, given new jobs data

Real Estate News

The latest employment report was mixed, but stronger wage growth means rate cuts will probably remain paused through the spring homebuying season.

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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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Mortgage servicing executives grapple with tech stack questions

Housing Wire

Mortgage servicing is more complex than ever, and while some large servicers are sinking real resources into innovation , many are hesitant to branch out beyond the decades-old systems they’re comfortable with. This could be risky if delinquencies continue to rise in the coming years. “I think servicers are hesitant to branch out beyond these 60-year-old systems that hold the way, the truth and the light to everything that we do in the context of mortgage servicing,” Courtney T

Mortgages 221
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Top Interior Design Trends for 2025

RIS Media

Some design trends seem to come out of nowhere, but many are easier for experts to track and predict. Top interior design trends often tie together specific elements and evoke similar feelings within the home, which is certainly true for 2025. Earthy Interiors Coming out of the whitewashed minimalist trend homeowners are looking for a… The post Top Interior Design Trends for 2025 appeared first on RISMedia.

Design 97
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A Park Slope Brownstone and Three More to See, Starting at $3.15 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Cobble Hill and Park Slope. They range in price from $3.15 million to $8.475 million. 246 Clinton Street Price: $8.475 million Area: Cobble Hill Broker: The In House Group (Robert Earl, Virginia Incalcaterra) Sunday February 9, 12-1:30 p.m. See it here -> 914… Read More > The post A Park Slope Brownstone and Three More to See, Starting at $3.15 Million appeared first on Brownstoner.

Marketing 115
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Housing Market 2025: Why It’s Not 2008 Crash All Over Again

Marco Santarelli

The question on everyone's mind: Is the 2025 housing market poised to repeat the disastrous events of the 2008 crash ? Thankfully, the answer is a resounding no. While market adjustments are always possible, the key differences in supply and demand, lending practices, and overall market psychology make a repeat scenario highly unlikely. Let's delve into the critical factors that set the 2025 housing market apart from the pre-crash era.

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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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How to Find Cash Home Buyers in Asheville for a Hassle-Free Home Sale

HomeLight

If you’re looking to sell your Asheville home quickly and without the usual hurdles of a traditional listing, a cash sale could be a great option. While the local market is showing signs of slowing , demand from both local and out-of-state investors remains strong. If you prefer a quick, hassle-free process, now may be a great time to consider selling for cash.

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Robert Reffkin nods to Gary Keller in latest Clear Cooperation critique

Inman

Compass CEO Robert Reffkin lays out 10 questions his agents are asking in the wake of NAR's commission settlement in his latest argument in favor of consumer choice and against CCP.

Agents 161
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Gibson plaintiffs clap back at eXp, Weichert

Real Estate News

The arguments over reverse auction allegations continued this week, with the plaintiffs saying the brokerages shopped around to settle on the cheap.

Brokerage 149
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Umansky and Dwiggins face off in the great Clear Cooperation debate

Inman

Tune in to Inman Access, and decide which side of the debate between The Agency's Mauricio Umansky and NextHome's James Dwiggins you're on.

MLS 158
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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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4 Ways to Get Your Family Reading More This Year

RIS Media

There’s no doubt that reading more can offer a lot of benefits for everyone in the family, but this is especially true for growing children who are learning to become lifelong readers. If you are hoping to reduce screen time, help your kids in school and simply want to get back into reading more yourself,… The post 4 Ways to Get Your Family Reading More This Year appeared first on RISMedia.

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Crye-Leike alleges coverage under NAR deal despite industry ranking

Inman

Despite its ranking as the 31st largest brokerage in the T3 Sixty Real Estate Almanac for more than $7 billion in sales volume in 2022, Crye-Leike says Gibson suit shouldn't be allowed to proceed.

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How to Identify a True Luxury Property

RIS Media

When home hunting for a luxury property, it is crucial to discern between a genuinely high-end home and one with an above-market asking price. Luxury properties are defined by exceptional features, premium finishes, and unparalleled locations. Read on for insight on the best ways to ensure you’re looking at true luxury properties. Work with a… The post How to Identify a True Luxury Property appeared first on RISMedia.

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Katelyn Castellano promoted to Engel & Völkers Americas C-suite

Inman

The marketing and PR vet has been with Engel & Vlkers since 2016 and will now also work on brokerage development and support as chief marketing and performance officer in the Americas.

Brokerage 133
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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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WATCH: How Mindset and Mindfulness Can Change Your Real Estate Business

RIS Media

Mindset and mindfulness are something people hear a lot about in terms of self improvement, but not as much when it comes to business growth. Heather Sunshine Haase, a REALTOR and productivity coach with Keller Williams Advisors, is a frequent flier and national speaker at real estate events, educating industry members on the topics mindset… The post WATCH: How Mindset and Mindfulness Can Change Your Real Estate Business appeared first on RISMedia.

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Home of the Week: $24M Scottsdale megamansion has an NBA-sized basketball gym underground

Fancy Pants Homes

Hold on to your high-tops, ’cause we’re about to set some new benchmarks for luxury living. A 5-acre property in Scottsdale, Arizona, is on the market for $23,500,000, and it comes with an amenity roster that would make even top athletes swoon. One of Scottsdale’s most tricked-out estates, the property is best known for its regulation-size basketball gym, frequented by sports legends like Kobe Bryant and his daughter Gianna, Chris Paul, and Damian Lillard, among others.

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3 Common Home Repairs to Learn as a First-Time Homeowner

RIS Media

Owning your first home is a great feeling, but suddenly having all the maintenance responsibilities in your hands can be intimidating, especially if you benefited from low-to-no maintenance as a renter. Instead of finding yourself stressed at the first problem, be sure you go into homeownership with some helpful basic knowledge. Fix a Dripping Faucet… The post 3 Common Home Repairs to Learn as a First-Time Homeowner appeared first on RISMedia.

As-is 59
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Prominent brokerages hire StackWrap to organize tech stacks

Inman

StackWrap has signed The Agency Texas and The Align Team of eXp. Additionally, the company aligned with enterprise email marketing company Happy Grasshopper.

Brokerage 124
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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.