Fri.Feb 21, 2025

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Mortgage rates fall as economic softness sends bond yields lower 

Housing Wire

Mortgage rates decreased again today on weak economic data, following last Friday’s similar drop in the 10-year yield. Furthermore, the mortgage spreads in today’s pricing are favorable. According to the latest quote from Mortgage News Daily , mortgage rates are now around 6.89%. This represents a decline of 0.37% from the most recent high of 7.26%, which was recorded on Jan. 13.

Mortgages 475
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Top 5 homeseller objections (and how to overcome them)

Inman

There's a lot of information out there, and your sellers may be struggling to make sense of the market. Darryl Davis offers ideas for talking clients through their biggest objections and helping them make the right decisions.

Marketing 165
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CoreLogic: Single-family rent growth remains low

Housing Wire

Annual rent growth for single-family homes remained sluggish in December 2024, with prices rising 1.8% year over year, according to the newest Single-Family Rent Index from CoreLogic. While this marks a slight uptick from Novembers 1.5% growth rate the lowest in 14 years it is still below the 2.5% increase recorded in December 2023. The modest gains reflect a continuing slowdown in the rental housing market, which has struggled to regain momentum after surging demand in previous years.

Principal 365
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Gary Keller’s bleak 2025 housing market forecast: The Download

Inman

This week at Keller Williams' Family Reunion, Gary Keller forecast significant market headwinds in 2025. How can you prepare and flourish no matter what happens next?

Marketing 154
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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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Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies

Housing Wire

In 2024, a key element for the reverse mortgage industry was a sense of newfound collaboration that many industry participants felt with forward mortgage players. Longbridge Financial largely sees that dynamic as one that is likely to continue, according to CEO Chris Mayer. In an interview with HousingWire s Reverse Mortgage Daily (RMD), Mayer said there is momentum on the side of the reverse mortgage industry to further bolster these partnerships in 2025.

Mortgages 349

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RE/MAX was profitable in 2024 even as its US agent count continues to slide

Housing Wire

The stagnant housing market has made it difficult for brokerages and franchises to grow, but one of the more effective ways to do so in the current environment is to add more agents. Thats bad news for RE/MAX s business in the U.S. During the companys fourth-quarter earnings call on Friday, RE/MAX disclosed that its U.S. agent count dropped by 7% year over year to 51,286.

Agents 332
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Fannie Mae Cuts Down Housing Forecast and Projections for 2025

Marco Santarelli

The housing market is always on my mind, and I'm sure it's on yours too, especially if you're thinking of buying, selling, or just keeping an eye on your investment. Here's the bottom line: Fannie Mae has dialed back its expectations for the housing market in 2025, predicting fewer home sales and slower price growth than previously anticipated. This change is primarily due to persistent high mortgage rates, which continue to be a major hurdle for potential buyers.

Mortgages 118
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Pennsylvania AG moves to dismiss Moore membership suit against NAR

Housing Wire

Another antitrust lawsuit related to the National Association of Realtors ‘ (NAR) three-way membership agreement is facing a motion to dismiss. On Thursday, the Pennsylvania Real Estate Commission , which is a defendant in the Moore suit, filed a motion to dismiss for lack of jurisdiction and/or failure to state a claim. The motion was written by Pennsylvania Attorney General David W.

As-is 345
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Existing home sales stalled last month, but demand is lurking

Real Estate News

While down sharply from December, sales are off to a better start vs. 2023 and buyers who can handle elevated rates have fresh inventory to choose from.

Sales 274
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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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MBA lowers 2025 forecast for refinances

Housing Wire

The Mortgage Bankers Association (MBA) has revised its previous 2025 mortgage forecast, raising its projection for purchase originations while trimming projections for refinances from its January forecast. Its updated forecast, released Feb. 19, put this year’s total origination volume at a projected $2.055 trillion, up slightly from January’s $2.052 trillion forecast.

Mortgages 326
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Should I Update My House Before I Sell It?

Keeping Current Matters

With more homes for sale and buyers being more selective, it’s smart to make strategic updates.

Sales 273
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Existing-home sales slow in January as affordability challenges persist

Housing Wire

Existing-home sales started the year on a down note, dropping 4.9% month over month to a seasonally adjusted annual rate of 4.08 million in January, according to data released Friday by the National Association of Realtors (NAR). Despite the monthly decrease, existing-home sales were up 2% compared to the same month last year, marking the fourth consecutive month of annualized increases.

Sales 273
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RE/MAX looking to 'strengthen our swagger'

Real Estate News

CEO Erik Carlson announced a $5.5 million deal to settle Canadian commissions cases and a profitable end to 2024. Now RE/MAX aims to stabilize U.S. agent count.

Agents 251
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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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InGenius hires Sue Woodard as chief customer officer

Housing Wire

InGenius , a data provider for the mortgage and real estate industries, has appointed industry veteran Sue Woodard as its chief customer officer. Woodard, a senior adviser at STRATMOR Group , brings more than 30 years of experience in financial services and mortgage lending. She will continue her advisory role at STRATMOR while taking on her new position at InGenius.

Lending 248
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Existing-Home Sales Dip, but Hold Long-Term Rally

RIS Media

Existing-home sales fell by 4.9% month-over-month from December 2024 to January 2025, to a seasonally adjusted annual rate of 4.08 million. In spite of the month-to-month decline, sales were still up 2% nationally on a year-over-year basisthe fourth straight month sales were higher than the same time last year. Existing-home sales also slumped in three… The post Existing-Home Sales Dip, but Hold Long-Term Rally appeared first on RISMedia.

Sales 106
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Fidelity’s title insurance segment ramps up its performance in 2024

Housing Wire

Fidelity National Financial (FNF) delivered a strong earnings report in the fourth quarter of 2024, increasing its companywide net earnings for the full year and showing positive Q4 results for its title insurance segment. FNFs adjusted net earnings were $366 million in the fourth quarter, compared to $204 million in Q4 2023. For the full year, adjusted net earnings reached $1.3 billion, up from $962 million in 2023.

Title 221
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Existing-home sales dip in January but maintain annual growth

Inman

Existing-home sales dropped in January, as high mortgage rates and rising home prices continued to squeeze buyers, according to the National Association of Realtors (NAR).Existing-home sales fell 4.9 percent in January to a seasonally adjusted rate of 4.08 million.

Sales 99
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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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Striking Gothic Revival Townhouse in Albany, Yours for $650K

Brownstoner

An ornate confection of Gothic Revival, this 1840s Albany townhouse is one of an eye-catching row designed with the hallmarks of the style. There are quatrefoils, Gothic tracery and arches, hooded lintels, and an ornate iron balcony, all making for a picturesque exterior. At 6 Madison Place, the house on… Read More > The post Striking Gothic Revival Townhouse in Albany, Yours for $650K appeared first on Brownstoner.

Design 101
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Compass says its data shows benefits of ‘pre-marketing’ listings

Real Estate News

The firm said homes initially listed privately sold faster and for a higher price, supporting its position that sellers should decide if or when to use the MLS.

MLS 202
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Helping Buyer Clients Take Bites Out of the Big Apple

RIS Media

For most people, the American Dream of homeownership usually includes the white picket fence in front, a backyard where kids can play, a peaceful suburban locale, two-car garage and more. For the team of agents who work out of the three Coldwell Banker Warburg offices in New York City, thats all out the high-rise window.… The post Helping Buyer Clients Take Bites Out of the Big Apple appeared first on RISMedia.

Agents 99
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Airbnb hosts leave site over co-founder’s DOGE work

Inman

Airbnb co-founder Joe Gebbia has pledged to work for the Department of Government Efficiency. Airbnb hosts aren’t happy about it.

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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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Existing Home Sales Slow in January

Eye on Housing

After three months of increases, existing home sales retreated in January from the 10-month high last month, according to the National Association of Realtors (NAR). Sales continued to be suppressed by higher mortgage rates, which remained above 6.5% despite the Fed cutting rates by 100 basis points last year. The persistent high mortgage rates largely.

Sales 69
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AI agents for real estate agents: Your superpower in 2025

Inman

Tune in to Inman Access to learn more about the current and future potential of artificial intelligence tools for real estate agents.

Agents 161
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Expect High Mortgage Rates Until 2026: Fannie Mae’s 2-Year Forecast

Marco Santarelli

If you're holding out hope for a big drop in mortgage rates in 2025, I've got some news: don't count on it. According to Fannie Mae's January 2025 Economic Developments report , mortgage rates aren't expected to decrease significantly in the coming year. They predict rates will hover around the 6.5% range for the rest of 2025 and into 2026. I know, I know, it's probably not what you wanted to hear, especially if you're dreaming of buying a home or refinancing your current mortgage.

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13 negotiation questions every agent must learn to ask

Inman

Rather than telling your clients what you think they want to hear, Bernice Ross writes, ask the right questions, and get them talking about what matters most to them.

Agents 131
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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.