Thu.Feb 06, 2025

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Home prices rise in nearly 90% of metros in Q4 2024

Housing Wire

Nearly 90% of U.S. metropolitan areas analyzed experienced annualized home-price gains in the fourth quarter of 2024, according to data published Thursday by the National Association of Realtors (NAR). NAR found that 201 of 226 metro areas (89%) saw sale prices for single-family homes rise on a yearly basis in Q4 2024, up from 87% in the prior quarter.

Mortgages 410
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The Perks of Buying a Fixer-Upper

Keeping Current Matters

There’s no denying affordability is tough right now.

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Cause for concern? FHA, VA delinquencies are rising quickly

Housing Wire

New data released Thursday by the Mortgage Bankers Association (MBA) revealed that the delinquency rate for mortgages on one- to four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of 2024. The national delinquency rate was up 6 basis points (bps) from Q3 2024 and up 10 bps from one year ago.

VA loan 393
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Mortgage rates dip, but demand still weak

Real Estate News

Rates appear to have stabilized in the upper-6% range, while an increase in new listings points to an early rise in inventory ahead of the spring season.

Mortgages 226
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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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Tennessee official, citing property tax relief, notes more interest in reverse mortgages

Housing Wire

Homeowners have noted for some time that property taxes have risen precipitously, and this has the potential to heavily impact people living on a fixed income. But certain tax deferral options available to seniors and veterans should be employed if necessary, according to a Tennessee county official who spoke with a local radio station in Rutherford County.

Mortgages 423
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Homebuyers remain sidelined despite more listing options

Inman

Even with an uptick in new listings, homebuyers aren't rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin's latest data analysis. Over the four weeks ending Feb. 2, new listings across the U.S. have jumped 7.9 percent from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis.

Marketing 154

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Milestones: Utah MLS launches data company; CRMLS inks partnership

Real Estate News

MLSs have a new way to give researchers quality data and manage the process securely. Plus, CRMLS to share data with other Western MLSs, and more news.

MLS 153
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83 real estate quotes to inspire, motivate & empower you to achieve your career goals

Housing Wire

Whether you grew up dreaming of a career in real estate or journeyed into it, it’s important to prepare yourself for the challenges of this career. I happen to be one of the kids who actually dreamed of working in real estate. My grandfather was a builder and owned and managed several properties himself. As a young girl, I would sit at his desk with pens, paper, and Post-it notes, pretending to run the business.

Branding 357
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Home prices continued to climb in most US metro areas in Q4: NAR

Inman

Home prices have continued their upward trend in Q4 2024, with 89 percent of U.S. metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR.

Mortgages 157
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Redfin video privacy lawsuit voluntarily dismissed by plaintiff

Housing Wire

Redfin s legal load just got a bit lighter. On Wednesday, plaintiff Guillermo Mata filed a notice of voluntary dismissal of his video privacy lawsuit against the Seattle-based brokerage. The suit is being dismissed with prejudice, meaning that Mata cannot refile the suit under the same claim. Originally filed in June 2024 in the U.S. District Court for the Southern District of California , Mata accused Redfin of violating the Video Privacy Protection Act (VPPA) and the California Invasion of Pri

Brokerage 356
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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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SERHANT. rides Florida wave with new leadership hires

Inman

Tiffany McQuaid and Gabby Valle have joined the luxury firm in South Florida, respectively, as regional director of Strategy and Performance and vice president of marketing, new development Inman has learned.

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. If thats not enough, affordability is still a distant dream for most homeowners.

Loans 309
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Only 29% of agents are doing deals. Here’s how to be one of them

Inman

From underqualified agents to mindless recruiting practices, team leader Carl Medford outlines the things that need to change in order to elevate the industry.

Agents 151
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Industry must step up to facilitate more service members achieve homeownership

Housing Wire

It all started with sponge and a bucket of soapy water. Recently, I helped hand-wash the Vietnam Veterans Memorial in the District of Columbia. I honored my fellow service members and Naval Academy classmates who protected our country. I stood alongside Jan Scruggs , founder of the Vietnam Veterans Memorial. At that moment, the legacy of courage and sacrifice shared by our veteran community struck me.

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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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7 Tips Every New Landlord Needs to Hear

AAOA

Entering any new career involves a bit of a learning curve. Mistakes happen, but may actually help you become an even better landlord. If youre planning to rent out your property or extra space, its important to collect landlord tips, so you can have a successful relationship with your tenant.These seven may be able to help. Landlord Tip #1: Follow All Laws Concerning Rentals Even though you own the rental property and will be selecting the renter, there are many rules for landlords to follow.

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Click n’ Close adds conventional loans to SmartBuy program

Housing Wire

Multistate mortgage lender Click n’ Close on Thursday announced that it’s adding a 30-year, fixed-rate conventional loan option to its SmartBuy Shared Appreciation Mortgage (SAM) program. Texas-based Click n’ Close, formerly known as Mid America Mortgage , offers the SmartBuy SAM program as an alternative path to homeownership. SAM loans grant the lender a share of the home’s future appreciation in exchange for a lower interest rate.

Loans 250
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Realtor.com moves headquarters from Santa Clara to Austin, Texas

Inman

Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add "hundreds more.

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Sean Soderstrom’s Vision for Optimizing Recruiting, Retention, and Performance

Housing Wire

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors Choice Awards. Nominations for HousingWires 2025 Rising Stars Award are open now through February 28, 2025. Click here to nominate. Sean Soderstrom , co-founder and CEO of Courted , was named a 2024 Rising Star for his work in transforming real estate recruitment, retention, and market intelligence with data-driven solutions.

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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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Boost for buyers as interest rates are cut to 4.5%

Estate Agent Today

The Bank of England delivered a boost for the property market yesterday after cutting interest rates to their lowest point since June 2023.

Banks 111
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Pennymac launches full-service, nondelegated mortgage solution

Housing Wire

On Thursday, PennyMac Financial Services Inc. announced the launch of its full-service, nondelegated mortgage solution, NonDel+, an end-to-end loan experience within its dynamic POWER+ portal. According to a company press release, the new product is “specifically tailored to banker partners who value control over their loans, but desire support with disclosures, loan documents and additional services.” Kim Nichols , Pennymac’s chief TPO production officer, expressed excitement

Mortgages 209
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Buyer-Focused Startup Oyssey Capitalizes on Industry Disruption with Non-Exclusive Contracts, Political Data

RIS Media

Editors Note: The Disruptor Roundup analyzes companies implementing unconventional models. Low crime rate, good schools, walkability score, political affiliation. The list goes on when it comes to what buyers consider before signing the deed on a house. A new real estate platform, Oyssey, is looking to give buyers all the information they need in making… The post Buyer-Focused Startup Oyssey Capitalizes on Industry Disruption with Non-Exclusive Contracts, Political Data appeared first on R

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Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit

Housing Wire

Deadlines in a lawsuit and countersuit stemming from allegations of deceptive reverse mortgage marketing practices have been pushed out one month to the end of March and mid-April, respectively, as all parties in the case advocate for more time. This stems from a preliminary injunction request filed by Longbridge Financial against Mutual of Omaha Mortgage , based on court documents reviewed by HousingWire s Reverse Mortgage Daily (RMD).

Mortgages 229
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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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Broker Spotlight: Miguel Herrera, The Agency San Antonio

Inman

Find out how this broker is "elevating the luxury real estate market in San Antonio, and offering affordable luxury that redefines excellence.

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REsides announces partnership with proptech platform Rayse

Housing Wire

REsides , which bills itself as an online, “borderless” MLS announced Thursday that it’s partnering with startup proptech platform Rayse. REside members will have early access to the platform and all of its communication-focused features. The Rayse platform is designed to make agent-client relationships transparent in an evolving real estate market.

MLS 202
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Vrbo parent Expedia reports 12% growth in booked nights in Q4 2024

Inman

The vacation rental company reported "better than expected travel demand" as room nights, gross bookings and revenue grew by double digits, according to Q4 earnings released Thursday.

Agents 97
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Blue Sage Solutions’ David Aach on launching full servicing by 2026

Housing Wire

Its been a little more than a year since Blue Sage Solutions announced its new servicing platform that merges loan origination and servicing functions using API-based technology a move that marked a significant shift from its origination-focused past. David Aach , the company’s chief operating officer, sat down with HousingWire s Sarah Wolak to talk about Blue Sage’s goals for full implementation by 2026 and the hurdles the platform has overcome as a newcomer to the servicing indust

Investor 202
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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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How to Become a Tiny House Landlord

AAOA

In recent years, tiny homes have become a popular alternative to the traditionally large American-style home and a viable way to provide shelter within a small space. The structures have been used by those trying to downsize and as short-term rentals, disaster relief housing and homeless relief housing. Some tiny homes are actually found in trees. Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that

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John Lawrence boomerangs to Douglas Elliman from Compass

Inman

The 30-plus year real estate vet spent about 15 years during the peak of his career at Douglas Elliman and recently returned after a roughly three-year stint at Compass. His 19-person team is also joining him at Elliman.

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Builders’ Top Challenges for 2025

Eye on Housing

The most significant challenge builders faced in 2024 was high interest rates, as reported by 91% of builders in the latest NAHB/Wells Fargo Housing Market Index survey. A smaller, albeit still significant share of 78% expect interest rates to remain a problem in 2025. The next four most serious issues builders faced in 2024 were rising.

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Are “ADUs” Your Ticket to Smaller, More Affordable Housing?

Lighter Side of Real Estate

Does a smaller home sound like the perfect fit for you? Not everyone needsor wantsa sprawling house with multiple bedrooms and living spaces. In fact, for many people, a more compact home is the ideal solution. Maybe youre single and dont need much space. Perhaps youre looking to downsize, cut costs, or simply avoid the maintenance headaches of a larger home.

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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.