Mon.Apr 07, 2025

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Reports: Fannie Mae lays off 700 employees

Housing Wire

Government-sponsored enterprise (GSE) Fannie Mae has reportedly laid off as many as 700 employees, with 200 of the layoffs focused on members of the Telugu-speaking community over irregularities uncovered related to charitable donations. According to reports from outlets including TechStory , HRKatha and the Times of India ,700 U.S.-based employees were fired within the first few days of April, including 200 workers who speak the Telugu language, which is primarily spoken in the Indian states of

Finance 542
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How would privatizing Fannie Mae, Freddie Mac impact buyers?

Real Estate News

As the FHFA signals an interest in loosening control of the GSEs, experts predict mortgage rates would rise as a result but the increase might be temporary.

Mortgages 330
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How quickly does financial turmoil impact the housing market?

Housing Wire

While the housing market seems like the least of our financial worries right now as stock markets are melting down around the globe, we track housing here at HousingWire, so it opens the question: how quickly could we see impact in the housing market and in which data would we see it first? We have two competing forces that will impact home buyer demand.

Marketing 444
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Private listings push opens the door to discrimination

Real Estate News

NAREBs Dr. Courtney Johnson Rose tells Real Estate News independent brokers and consumers will suffer if efforts to bolster private listing channels persist.

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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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CoStar shakes up board, focuses on Homes.com profitability

Housing Wire

Following investor pressure from hedge funds D.E. Shaw and Third Point , CoStar Group , the parent company of Homes.com , is making changes to its board of directors as it looks to put Homes.com on the path toward profitability. On Monday, the Andy Florance -led firm announced its appointment of three new independent directors: John Berisford, Rachel Glaser and Christine McCarthy.

Branding 384

More Trending

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How AI is helping property managers meet a challenging market

Housing Wire

The property management landscape is evolving rapidly, with rising costs, shifting renter expectations, and increasing competition pushing industry professionals to rethink strategies. Many property managers are embracing this opportunity to innovate, streamline operations, and deliver even greater value to residents and property owners alike. One factor is emerging as a game-changer: artificial intelligence (AI).

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PLNs, dual agency and buyer choice: Back to the future?

Inman

Current practice changes are pushing us toward a less transparent market, compliance expert Summer Goralik writes. That's bad business for both clients and real estate professionals.

Marketing 127
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From tenant to trailblazer: Oralia Herrera takes helm at NAHREP

Housing Wire

Oralia Herrera, current president of NAHREP. Oralia Herreras journey from an 8-year-old immigrant and tenant in a Chicago apartment to newly appointed president of the National Association of Hispanic Real Estate Professionals (NAHREP) is one she wouldn’t change a thing about. Sworn in on March 26 during NAHREPs annual Homeownership and Housing Policy conference in Washington, D.C. , Herrera now leads an organization at the heart of policy advocacy, education, and empowerment for Hispanic

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Mortgage rates surge amid tariff uncertainty

Real Estate News

After trending down last week, the 30-year fixed-rate mortgage had its largest 24-hour increase of the year when it jumped closer to 7% on Monday.

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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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Tariff policy could inspire renewed talk of reverse mortgage as ‘buffer asset’

Housing Wire

For those who are within five years of retirement either those who are five years away, or who have recently entered the market volatility being experienced today as a result of the White House s embattled tariff policy are likely to endure challenges as they navigate the potential impacts of market volatility. This is according to retirement experts who have recently spoken with outlets including the New York Times and the Wall Street Journal , as older Americans with a market stake in their

Mortgages 358
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Stellar MLS Subsidiary Leads Talks on the Future of Real Estate Cooperation in India

RIS Media

Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, has announced it was invited to join nearly 1,000 real estate professionals from across India to provide expert guidance on introducing the Multiple Listing Service (MLS) model as part of a conference hosted by the National Association of REALTORS (NAR) India. NARVIGATE 2025, held March 21-22… The post Stellar MLS Subsidiary Leads Talks on the Future of Real Estate Cooperation in India appeared first on RISMedia.

MLS 105
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Home prices are cooling, and condos in Florida are experiencing a deep freeze

Housing Wire

There is a notable cooling in home price growth as the 2025 spring homebuying season begins, and no submarket is cooling like Sunbelt condos. That’s according to the latest Mortgage Monitor report from ICE Mortgage Technology. An early look at March data from the enhanced ICE Home Price Index (HPI) shows that home prices are softening across the country, which ICE says is largely driven by stabilized mortgage rates , which have been holding around 6.6%-6.7% since mid-March.

FHA loan 283
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Lesson Learned: Make ongoing learning a priority

Inman

Find out how Georgia Realtor LizaDiMarco's experience in multiple markets gives her an "overwhelming" advantage when it comes to helping clients relocate.

Marketing 121
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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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Move dismisses trade secrets suit against CoStar

Housing Wire

The ongoing legal battle between Move and CoStar Group appears to have come to a close. The parties notified the court on Monday of the negotiation of a settlement between Move and the former Realtor.com employee at the center of the lawsuit James Kaminsky , and their subsequent decision to dismiss its charges with prejudice against CoStar Group. The terms of the settlement between Kaminsky and Move have not been published.

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House Hunting Just Got Easier – Here’s Why

Keeping Current Matters

If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news.

Sales 244
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NAMB introduces Hive, an online community for mortgage pros

Housing Wire

The National Association of Mortgage Brokers (NAMB) today announced the official launch of Hive, an online community platform designed to foster nationwide collaboration, knowledge sharing and professional development for mortgage professionals. Hive, which is led by NAMB’s Growth Officer Jason Frazier , is open to join starting today by accessing an online forum.

Mortgages 262
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Team Tactics: Keeping a Cool Head for Conflict Resolution

RIS Media

Ongoing lawsuits leave the real estate industry facing an uncertain future, with real estate professionals unsure which business practices will remain in place. Disputes on your team shouldnt have to go as far as a courtroom, but conflict resolution is a vital skill as an agent. Being part of a team gives you a chance… The post Team Tactics: Keeping a Cool Head for Conflict Resolution appeared first on RISMedia.

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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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Reverse mortgage endorsements fell as HMBS issuance rose in March

Housing Wire

Reverse mortgage industry performance metrics have continued their soft trend into the third month of the year, though activity in the secondary market was slightly higher than the month prior. Home Equity Conversion Mortgage ( HECM ) endorsements fell in March based on rate increases observed in the late period of 2024, while HECM-backed securities ( HMBS ) issuance saw an increase in March in a market that remains generally healthy despite lower issuance activity.

Mortgages 253
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Jersey Shore Luxury Team Agent Must-Have: ‘Someone Who’s Hungry, Has Big Goals and Is Ready to Work Hard’

RIS Media

Well over 30 years ago, just out of high school with no career plan in mind, Jeff Quintin took a job as a drive-in teller at a local New Jersey bank. It wasnt long before a life plan took shape. I saw the big checks that real estate agents were cashing, Quintin said. I figured,… The post Jersey Shore Luxury Team Agent Must-Have: Someone Whos Hungry, Has Big Goals and Is Ready to Work Hard appeared first on RISMedia.

Agents 105
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You landed a meeting with a Realtor. Now what?

Housing Wire

Youve spent the past two weeks engaging on social. You sent your text, you followed up with a call and now youve landed the coveted meeting with that real estate agent from across town. Deep breath, take a step back, relax. No need to freak out trying to figure out what to say when you meet in person. You are not there to speak. Believe it or not, rarely do they care to hear about your service, your products, your turn-times or your company.

Land 205
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These red flags mean you might be on a toxic real estate team

Inman

When you do not trust your leadership to support you or to do the right thing, broker Erica Ramus writes, it's time to reevaluate your team or brokerage.

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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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Mortgage Rates Are Dropping Rapidly Day by Day Due to Tariffs

Marco Santarelli

It might sound counterintuitive, but right now, tariffs are pushing mortgage rates down almost every day , and as someone keeping a close watch on the housing market, I can tell you it's creating a fascinating, albeit slightly unpredictable, situation for anyone dreaming of owning a home. This isn't just a minor dip; we're seeing a consistent downward trend fueled by the ripples of international trade policies.

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How rent control policies are reshaping multifamily investments

Inman

Even in the face of regulatory headwinds, investment analyst Michael Zaransky writes, there are always opportunities in the multifamily investment sector.

Investor 100
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ERA® Key’s Team Blue Named No. 1 Team for All of ERA

RIS Media

ERA Key Realty Services of Northbridge, Massachusetts, has announced that Team Blue in its Wilmington, Massachusetts office has been named the number one team in ERA Real Estate. Wilmingtons Team Blue, which includes team leader Lori Penney, Linda DuCharme, Tim Penney, Janelle Penney, Tatum Teague, Alex Wargo and Marissa Zarrella, was also recently named the… The post ERA Keys Team Blue Named No. 1 Team for All of ERA appeared first on RISMedia.

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‘As-Is’: What Sellers Expect vs. How Buyers Actually React

Lighter Side of Real Estate

Theres something about the phrase “as-is” that feels powerful when youre selling a house. Two little words, and poof! no more haggling, no more repair requests, no more back-and-forth. Just agree on a price up front, collect every penny at closing, and let the buyer handle any issues once they own it. At least, thats what many sellers hope will happen Unfortunately, “as-is” doesnt always have the effect sellers imagine.

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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.