Tue.Feb 18, 2025

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Could home prices turn negative this year?

Housing Wire

Home price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the country than last year at this time. Late last year, prices were about 4% to 5% above last year. Now, were looking at 2%. The question worth asking now, is what happens the rest of this spring.

Sales 448
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Listing off the MLS cost sellers more than $1B, study finds

Real Estate News

The new analysis was done by Zillow, whose CEO said private listings come at the expense of the seller and are an attempt by some brokerages to double dip.

MLS 320
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Rocket Mortgage will pay up to $5,000 in closing costs for renters

Housing Wire

Rocket Mortgage on Tuesday unveiled RocketRentRewards, which the company says is the homeownership industrys first offer to provide closing cost credits for renters. Under the program, homebuyers who use Rocket Mortgage as their lender can earn 10% back on the last 12 months of rental payments, receiving up to $5,000 in lender credits toward closing costs.

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Gary Keller: We’re in a ‘trough,’ but a reset may be coming

Real Estate News

In a keynote presentation, the KW co-founder and other leaders discussed what an uncertain economy means for real estate and what agents need to tell clients.

Agents 269
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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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California insurance commissioner rejects State Farm’s request for 22% rate increase

Housing Wire

On Friday, California insurance commissioner Ricardo Lara rejected State Farm s request for emergency rate increases , going against the recommendation of his staff experts. The request from State Farm involved insurance rate increases that would have gone into effect on May 1, 2025. The proposed increases were 22% for single-family homeowners, 15% for 15% for condominium owners and 38% for rental dwellings.

Investor 338
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Buying a Home May Help Shield You from Inflation

Keeping Current Matters

It feels like everything is getting more expensive these days.

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More Trending

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Gary Keller says agents must accept ‘easy deals’ are dead

Inman

At Keller Williams' annual Family Reunion, franchise co-founder Gary Keller said 2025 won't be any better than 2024 but agents can still thrive if they're willing to dig in and use market headwinds to their advantage.

Agents 166
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All-cash home purchases have become less popular, Redfin says

Housing Wire

Homebuyers can purchase properties in full with cash, eliminating the need for a mortgage application. But last year, only one-third of buyers purchased homes with cash, representing a three-year low point. In total, 700,445 homes in 2024 were purchased with cash, which is down from 760,914 in 2023. Real estate marketplace Redfin released a report on Tuesday that included county-level sale records for homes purchased between January 2014 and December 2024.

Investor 350
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Will Final Offer help accelerate shift to private listings?

Real Estate News

The company said its acquisition of Private Collection will bring nearly 2,000 additional listings or $1 billion worth of inventory onto its platform.

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Arizona Realtors, others dismissed from Masiello commission lawsuit

Housing Wire

The Masiello commission lawsuits defendant list just got a bit lighter. On Friday, the suits lead plaintiff Joseph Masiello filed a motion to dismiss several parties voluntarily, but without prejudice, meaning that he could refile his suit against them in the future. The dismissed parties include the Arizona Association of Realtors , Phoenix Association of Realtors , Scottsdale Area Association of Realtors , West and Southeast Realtor of the Valley, Inc., Tucson Association of Realtors, Inc. , A

MLS 368
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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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Living Vogue Real Estate moves 50-agent team to eXp Realty in Florida

Inman

Led by Mark Coppens and Matt Hickey, the Living Vogue team will join eXp Realty's luxury division in Sarasota, Florida, according to executives on Tuesday. The team inked $150 million in sales last year.

Agents 156
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Blue states lead the way for highest property taxes

Housing Wire

Property taxes are a thorn in the side of some U.S. homeowners, depending on the state or region. As home prices and property values rise in 2025, rising property taxes are impacting some places more than others. Personal finance website WalletHub released its 2025 Property Taxes by State report on Monday, ranking all 50 states based on property tax expenses.

Finance 330
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EXp CEO answers 10 questions on CCP, MLS and transparency

Inman

EXp Realty Chief Executive Officer Leo Pareja answers your burning questions on the future of the Clear Cooperation Policy, multiple listing services and serving homebuyers and sellers in 2025.

MLS 167
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ICE adds AI search tool to compliance platform AllRegs

Housing Wire

ICE Mortgage Technology has released Ask Regi, an AI-assisted search tool for its AllRegs platform that helps users quickly find regulatory guidance using conversational queries in addition to traditional keyword searches. The mortgage technology company said Ask Regi is designed to streamline response times “by delivering precise search result summaries of complex questions applied to AllRegs, the most comprehensive regulatory reference database in the industry, covering nearly one millio

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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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New industry guidance launched amid surge in leasehold complaints 

Estate Agent Today

The Property Ombudsman has published new guidance to support the owners of 4.8mleaseholdproperties in response to a sharp rise in block and estate management disputes.

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Australia, New Zealand-based reverse pros share insights

Housing Wire

Reverse mortgage industry conferences are often seen as an effective way for professionals to meet up, discuss best practices from across their markets and assess the regulatory environment at entities like the Federal Housing Administration (FHA) and within the states. Occasionally, U.S.-based reverse professionals also get the opportunity to connect with practitioners in other parts of the world, which was the case at 2024s National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting a

Banks 207
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Compass grows revenue and agent count, market share tops 5%

Inman

The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025.

Agents 128
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Independence Home Loans hires Gil Arbitsman as CFO

Housing Wire

Independence Home Loans (IHL) tapped Gil Arbitsman for the role of chief financial officer where he will oversee IHLs financial and long-term growth strategy. His leadership will play a key role in optimizing financial performance and enhancing the companys operational efficiencies Arbitsman, who has more than 20 years of experience in the financial services sector, most recently served as UMortgage s chief financial officer.

Loans 207
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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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Mauricio Umansky expects ‘speedy recovery’ after Aspen ski accident

Inman

The CEO suffered a broken clavicle, which required 12 screws and a metal plate to repair, following a spill in Aspen Friday. Umansky thanked his supporters and medical staff on Instagram Sunday.

Brokerage 124
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D.C. Housing Market Crash? The Truth Behind the Viral X Panic

BAM Media

The doomsday prophets on X are again forecasting the worst. And this time, theyre announcing an imminent crash for the D.C. housing market in particular. The Darth Powell account is one of the more notorious for alarmist posts on the housing market. And according to one of his most recent tweets, D.C. is seeing a significant increase in inventory, presumably in response to recent layoffs by the new administrations Department of Government Efficiency (DOGE).

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Final Offer Acquires Private Collection

RIS Media

Final Offerthe leading offer, negotiation and collaboration platform for residential real estatehas announced the acquisition of Private Collection, a source of listing information for off-market properties. The addition of Private Collection expands on Final Offers recent launch of Exclusive Listings. Private Collection stated it has a nearly 100% adoption of active agents and total sales… The post Final Offer Acquires Private Collection appeared first on RISMedia.

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Daily Links: City Built More Than 10K Truly Affordable Apartments Last Year

Brownstoner

In the News Mayor to Sue Over Clawback of Migrant Shelter Funds [NYT] 4,000 Applications for Outdoor Dining. 39 Licenses Issued [NYT] Atlantic West of Barclays Becomes Bastion of Posh Shops [NYP] Sichuan Newcomer Meili Opens in Burg [Greenpointers] New Maker Space Slated to Open in Bushwick [Gothamist] Barclays' Controversial History Revisited in Red Hook [Gothamist] Time-Tunneling… Read More > The post Daily Links: City Built More Than 10K Truly Affordable Apartments Last Year appeare

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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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Constellation Software launches new data services business

Inman

Constellation Data Labs will provide active property listings and public records to a broader range of industries including mortgage lenders, asset managers and insurers.

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6 Expert-Backed Tips for Selling a House With Old Wiring

HomeLight

Your biggest concern when selling a house with old wiring will come down to whether the home is safe to inhabit. An older homes electrical system easily can become overtaxed , causing fires and electrocutions. Home electrical problems account for 53,600 fires each year, causing over 500 deaths, 1,400 injuries, and $1.4 billion in property damage. Many of these fires happen in older homes.

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HGRF Donates Over $100,000 to 52 Hudson Valley Charities and Non-Profits in 2024

RIS Media

Top, members of the Hudson Gateway REALTOR Foundation present a donation check to 914 Cares. Bottom, Carol McCann, far right, Orange County, New York regional director, presents a donation check to members of the Wallkill Boys & Girls Club. The Hudson Gateway REALTOR Foundation (HGRF), the charitable arm of the Hudson Gateway Association of REALTORS,… The post HGRF Donates Over $100,000 to 52 Hudson Valley Charities and Non-Profits in 2024 appeared first on RISMedia.

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The Seller of My Home Failed to Disclose Water Damage. What Now?

HomeLight

Youre deep into the honeymoon phase with your new house picking out wall colors, rearranging furniture, playing with your dcor options when suddenly, disaster strikes! Perhaps you discover discoloration in some tucked-away corner, or you hear mysterious dripping sounds in your walls, or a sudden rainstorm reveals a leaky roof. Once you investigate, it becomes clear that this water damage problem is an old one, and your seller should have disclosed it when you bought the house.

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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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Zoopla: ‘Buyers are already factoring in higher Stamp Duty costs’

Estate Agent Today

Four in five existing homeowners (83%) in England and Northern Ireland will pay Stamp Duty when thresholds drop in April, research suggests. The figure is up from 49%. It comes as the Stamp Duty threshold for home movers will drop from 250,000 to 125,000 in April, adding up to 2,500 to a purchase.

As-is 90
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‘Fifty Shades of Grey’ penthouse back on the market for $11.5M

Fancy Pants Homes

The Escala penthouse that inspired Christian Grey’s sleek apartment in the bestselling ‘Fifty Shades of Grey’ book series (and subsequent movie adaptations), is looking for new owners. But it doesn’t come with a ‘Red Room’ or the ‘filthy rich bachelor’ look made famous by E. L. James’ immensely popular novels.

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How Dual-Licensing in Real Estate and Mortgage Services Can Boost Agents’ Earnings by Almost 50%

RIS Media

When building an e-commerce shop, you dont waste time creating payment railsyou turn to Shopify, which has already built that infrastructure. This allows you to focus on what makes your brand unique. Realfinity is bringing this same approach to real estate professionals, providing the infrastructure for agents looking to seamlessly offer mortgage services.

Agents 85
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Restoration of Historic Lott House Interiors to Kick Off Next Year

Brownstoner

The Hendrick I. Lott House, one of Brooklyns oldest surviving Dutch Colonial homes, is set to become Marine Parks first museum following extensive interior renovations slated to begin in early 2026. Built in 1720, the historic house at 1940 East 36th Street has long been a community landmark. However, its transformation… Read More > The post Restoration of Historic Lott House Interiors to Kick Off Next Year appeared first on Brownstoner.

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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.