Mon.Feb 24, 2025

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2025 could be the last year of inventory shortage

Housing Wire

Home prices in 2025 are a couple percentage points above where they were last year at this time. People often ask, How can it be possible that home prices are still climbing even though the cost of money is so much higher? There are obviously fewer buyers who can afford these prices. One reason that home prices have stayed elevated is that inventory nationally is still restricted.

Sales 495
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Easy-peasy tax filing: A simple 5-step roadmap

Inman

Tax season is officially underway. Amy Chorew and Maeda Palius share strategies to help you prepare and organize documents so that you can make the process as stress-free as possible.

As-is 174
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Retirees may be turning to home equity to finance healthcare shocks: report

Housing Wire

Long-term care (LTC) will likely play a large part in the lives of Americans as the population continues to age, but financing it can be a financial challenge for people particularly on a fixed income. While many retirees often do not intend to tap their home equity to finance such moves, they may often end up doing so. This is according to a new research brief published by Boston College s Center for Retirement Research.

Equity 358
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Gitcha launches services in California to assist fire-affected

Inman

Gitcha is an online marketplace that helps buyers and renters make public notices for desired properties that has launched in California to assist Los Angeles wildfire victims.

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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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Sotheby’s growth in 2024 signals the luxury housing market boom

Housing Wire

The luxury real estate market is on a growth trend early in 2025. This success pushed one of the countrys top luxury real estate brands to a strong year for sales volume. Sothebys International Realty recently released its 2024 performance report. According to the report, Sothebys did $157 billion in global sales in 2024, and its U.S. sales volume increased 9.4% year over year.

Marketing 355

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Mr. Cooper won’t be onboarding as many Flagstar employees as initially anticipated

Housing Wire

Mr. Cooper won’t be onboarding as many Flagstar Bank employees as initially projected in its $1.4 billion deal to acquire the depository bank’s residential mortgage servicing operations. Multiple sources told HousingWire that Flagstar began layoffs on Friday. The employees said that additional terminations will be staggered over the coming months, with official severance documents to come at a later date.

Banks 363
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How To Buy a Home Without Waiting for Lower Rates

Keeping Current Matters

Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen?

Mortgages 286
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Your Guide to Optimizing LinkedIn for Real Estate Agents

Housing Wire

While many agents are all-in on Instagram, TikTok, or YouTube, theres another social media platform thats incredibly powerful: LinkedIn. Using LinkedIn for real estate is a hidden gem for connecting with local business professionals. It also allows you to target your prospecting in a more purposeful way, since you can search by job title and company.

Agents 312
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Agents Decoded: Stop giving showing feedback

Real Estate News

This outdated "professional courtesy," once expected of buyer agents, has passed its expiration date especially as liability risks have increased.

Agents 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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Texas Capital Bank opposes summary judgment motion in Ginnie Mae suit

Housing Wire

The ongoing legal dispute between Texas Capital Bank (TCB) and Ginnie Mae added a new chapter this week. The bank is opposing a government request for a summary judgment that would hand a victory to Ginnie Mae, according to court filings reviewed by HousingWire s Reverse Mortgage Daily (RMD). Government attorneys filed a motion for summary judgment a decision made by the judge instead of a jury on Jan. 10 for all remaining claims in this case.

Banks 349
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Offerpad losses mount as iBuyer acquires and sells fewer homes

Inman

At $17.3 milllion, Q4 2024 net loss is up 28 percent from the previous quarter, as homes acquired dipped 9 percent to 384, homes sold fell 18 percent to 503, and profits on each sale fell by 24 percent.

Sales 128
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Maverix Advisory Group adds Kevin Van Eck as principal

Housing Wire

Maverix Advisory Group has added industry veteran Kevin Van Eck to its leadership roster. Van Eck will assume the role of principal after a 16-year tenure at @properties. He served in multiple positions there, most recently as president of affiliate strategy at Christies International Real Estate, which was acquired by @properties in 2021. Maverix CEO Jeff Kennedy said that Van Ecks experience in scaling technology , boosting the productivity of agents and optimizing brokerage operations makes h

Principal 284
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Fewer agents are switching brokerages

Real Estate News

While agents tend to shop around in January, movement was unusually subdued last month. To woo top talent, brokerage leaders may have to get creative.

Brokerage 248
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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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This real estate pro is taking an ‘enlightened’ approach to diversify revenue streams

Housing Wire

When confronted with the possibility of a market shutdown and a prolonged rent holiday in California at the onset of the COVID-19 pandemic, Scott Brady began looking for ways to further diversify his business model. Brady, the broker-owner of Partners Real Estate Group , already had a property management arm for his business through Progressive Property Management.

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Gains for Custom Home Building

Eye on Housing

NAHBs analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates gains for custom home builders after a period slight softening of market share. The custom building market is less sensitive to the interest rate cycle than other forms of home building. There were 47,000 total custom building starts during the.

Design 111
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The Case for a Better Brokerage Brand: Why Pre-Sale Improvements Matter

RIS Media

In the highly competitive world of real estate, brand reputation and differentiation is everything. As leaders of large brokerage firms, you understand that every home you sell becomes a reflection of your brandyour promise of value, trust and results. Yet, theres a troubling reality many brokerages face: the sale of homes that are not adequately… The post The Case for a Better Brokerage Brand: Why Pre-Sale Improvements Matter appeared first on RISMedia.

Branding 105
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City’s Surprise Coney Island Plan Includes Boardwalk Redo, Affordable Units

Brownstoner

By Adam Daly, amNY Coney Island is set to undergo a sweeping transformation under new city plans to bring 1,500 mixed-income homes to the Peoples Playground, alongside substantial investments in the iconic Riegelmann Boardwalk, utilities, and other infrastructure. The Abe Stark Sports Center will also undergo a $42 million renovation, including a… Read More > The post City’s Surprise Coney Island Plan Includes Boardwalk Redo, Affordable Units appeared first on Brownstoner.

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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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Is There Such a Thing as a First-Time Homebuyer with Bad Credit? (Spoiler: Yes!)

HomeLight

If youre in the market for your first home, youll be in the best position if youve got good credit. However, first-time homebuyers with bad credit arent unheard of. In fact, many lenders offer programs specifically designed to help buyers with lower credit scores secure a mortgage. You should prepare to jump through a few extra hoops or swallow some extra monthly fees, but it might all be well worth the effort if it means getting your foot on that first rung of the homeownership ladder.

As-is 98
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Is Downsizing Right for You? Here’s How to Decide

Windemere Selling

Choosing to downsize is more than just moving into a smaller space, its about curating a simpler lifestyle that fits your current needs. Whether youre retiring, looking for an eco-friendly, low-maintenance home, or wanting a fresh start after your children have moved away, downsizing might be the best option for you. Before making the move, heres everything to consider.

As-is 82
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Former Anywhere owner Apollo buys Utah investment company

Inman

Apollo Global Management is buying Bridge Investment Group. Apollo is best-known in the residential real estate world for buying Anywhere, back when it was known as Realogy.

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The Advice Realtor.com’s Chief Economist Gave to Her Neighbor about Buying

BAM Media

Last weeks episode of the Knowledge Brokers Podcast was one to bookmark if youre one of many real estate agents (and humans in general) who would love to live next door to a chief economist who also happens to be as genuinely warm and approachable as she is brilliant. But if you cant live next door to her, watching this episode could be the next best thing.

Agents 72
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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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Second Century Ventures Opens Applications for 2025 REACH Commercial Program

RIS Media

Second Century Ventures has announced it is opening applications for the 2025 REACH Commercial technology growth program. As the most active global venture fund in real estate technology, Second Century Ventures operates REACH across seven major markets around the globe. Now in its seventh year of operation, Second Century Ventures stated that REACH Commercial continues… The post Second Century Ventures Opens Applications for 2025 REACH Commercial Program appeared first on RISMedia.

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Sunset Park Brownstone With Mantels, Solar Panels Asks $1.995 Million

Brownstoner

In the Central Sunset Park Historic District, this bow-front brownstone has some pops of color in its renovated interior along with some remaining early 20th century details. Mantels, tile, wainscoting, fretwork, and built-ins can all be seen inside the row house at 4706 6th Avenue. The Renaissance Revival-style house is… Read More > The post Sunset Park Brownstone With Mantels, Solar Panels Asks $1.995 Million appeared first on Brownstoner.

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Judge Denies Arbitration Requests From Raveis, Berkshire Conglomerate

RIS Media

A federal judge has denied an attempt by William Raveis and Berkshire Hathaway Energy (BHE), the parent company of HomeServices of America, to enforce arbitration clauses in listing agreements, and effectively stymie ongoing class-action commission litigation against the two companies. In a filing today in the Gibson lawsuitthe largest Burnett copycat, filed by the same… The post Judge Denies Arbitration Requests From Raveis, Berkshire Conglomerate appeared first on RISMedia.

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Home Price and Sales Forecast February 2025: Zillow’s Predictions

Marco Santarelli

If you're wondering what's in store for the housing market, the Home Value and Home Sales Forecast suggests a mixed bag for 2025. Expect a modest increase in home values (less than 1%), coupled with a slight uptick in home sales. Basically, don't expect a boom, but also don't brace for a bust. Let's dive into what's driving these predictions. I've been following the real estate market closely for years, and while forecasts are just that forecasts they offer valuable insights into potential tre

Sales 64
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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.