Fri.Jan 10, 2025

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Housing resources and help for victims of the LA fires

Housing Wire

Real estate and mortgage firms are stepping up to help housing professionals and the Southern California community as wildfires ravage the area. Here’s a roundup of the companies and people offering help, which will be updated with new information as it becomes available. Help for those in the community Coldwell Banker Realty in Southern California, which is affiliated with Anywhere , created a Facebook group page for its network to coordinate a wide variety of needs from short- and long-t

Land 488
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How Mortgage Rates Affect Your Monthly Payment

Keeping Current Matters

Experts say rates will come down slightly in the year ahead – but some volatility is expected.

Mortgages 230
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Jobs week data is keeping mortgage rates above 7%

Housing Wire

Todays jobs report beat expectations, and in fact, the labor data was solid for jobs week, which means mortgage rates will stay elevated because its always about labor over inflation when talking about rates. Now, the labor market is getting softer from its torrid pace of job creation and wage growth from 2021 to the end of 2023, but the labor market’s softening is right in line with my 2024 forecast for jobs.

Mortgages 484
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Housing supply and demand could shift dramatically in 10 years

Real Estate News

Population growth is slowing, which means fewer new households and fewer new homes needed. But immigration is still a wild card.

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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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December jobs report comes in stronger than expected

Housing Wire

While the unemployment rate was up compared to the start of the year, the job market ended the year up, with 256,000 jobs added to the economy in December according to data released Friday by the U.S. Bureau of Labor Statistics (BLS). Unemployment finished the year at a rate of 4.1%, down from 4.2% the month prior. The unemployment rate has hovered at 4.1% or 4.2% for the past seven months.

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Layoffs at Redfin, Zillow

Real Estate News

The Seattle-based companies confirmed the cuts. Redfin said no agents were among the 46 staff affected; Zillow didn't disclose how many employees were let go.

Agents 212

More Trending

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Former NAR president lived by his belief in ‘The Power of One’

Real Estate News

Tennessee Realtor and association leader Martin Edwards, Jr. passed away last week, leaving a legacy of service and advocacy.

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Rep. Maxine Waters pushes for serious investigation with proposed wildfire bill

Housing Wire

Less than 10 days into 2025, California is experiencing a multibillion-dollar wildfire disaster that is further shaking up the states already vulnerable insurance coverage. Rep. Maxine Waters (D), who represents a portion of the Los Angeles area that is impacted by the damage, is ready to reintroduce a bill at the federal level that would require a study to evaluate the damaging effects of wildfires and the response from the homeowners insurance market.

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Mortgage rates soar following strong jobs report

Real Estate News

The employment data is good news for workers, but it means the Federal Reserve is unlikely to cut rates later this month, keeping borrowing costs elevated.

Mortgages 201
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Redfin lays off 46 employees

Housing Wire

Redfin has started 2025 with a round of layoffs. The Seattle-based brokerage company laid off 46 employees on Thursday. In a statement emailed to HousingWire , a Redfin spokesperson noted that most of the impacted employees were managers in the companys headquarters, program and field leadership roles. No agents were impacted. We’re continuing to aggressively hire agents , the spokesperson wrote.

Brokerage 361
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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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Las Vegas Realtors apologizes after a dramatic start to 2025

Real Estate News

The association's new president, who stepped into the role a year early after two other leaders abruptly resigned, hopes to restore LVR's credibility.

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Senior-held home equity falls slightly in Q3 2024

Housing Wire

A reduction of 0.3% in home values and a slight increase in senior-held mortgage debt have led to the total amount of senior-held home equity dropping from its all-time high. This is according to the latest edition of the Reverse Mortgage Market Index (RMMI), a quarterly report compiled by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan.

Equity 337
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Redfin lays off 46 employees at Seattle HQ

Inman

Seattle-based brokerage Redfin has begun the year by laying off 46 employees, includingmanagers in its headquarters, program, and field leadership roles. No agents were part of the layoffs, a spokesperson told GeekWire,which broke the news Thursday afternoon.

Brokerage 135
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Incenter Lender Services hires two VPs to oversee national accounts

Housing Wire

Incenter Lender Services , a group of companies that help nonbank and depository mortgage lenders nationwide, announced this week the hiring of two new vice presidents. Kathleen Rose and Wayne Brown will join Incenter’s leadership team. Both executives will oversee national accounts, tapping into the decades of success, experience and relationships shared between them.

Principal 369
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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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AI’s evolving role in real estate and property rental

Inman

By freeing resources, improving responsiveness and creating new opportunities for engagement, AI has the potential to elevate the tenant experience in ways that go beyond operational efficiency, Michael Zaransky writes.

Agents 124
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Downtown Brooklyn Macy’s to Close Soon, Retailer Confirms

Brownstoner

By Adam Daly, Brooklyn Paper Macys is closing two Brooklyn locations as part of a cost-cutting initiative that will shutter 66 stores nationwide this year, the retail giant said Thursday. The closures include Macys flagship store on Fulton Street in Downtown Brooklyn and the Macys Backstage location in Sheepshead Bay. They are… Read More > The post Downtown Brooklyn Macy’s to Close Soon, Retailer Confirms appeared first on Brownstoner.

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Trending: Say bye to fact-checkers, hashtags and TikTok

Inman

Jessi Healey dives into social medias latest shifts, from Instagrams hashtag update and Metas fact-checker removal to the TikTok ban and rising platforms like Threads and Bluesky.

Agents 123
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Ready to Kick Your Mortgage to the Curb? A Reconveyance Makes It Official

HomeLight

When you (finally) ditch your mortgage, your lender issues you a deed of reconveyance, confirming that they relinquish you from your debt. Reconveyance is the process of removing the lenders lien on the title of the property once the borrower (the homeowner) has paid the loan in full. Whether youre paying off your mortgage with home sale proceeds or other available funds, reconveyance is an essential step to cut ties with your lender.

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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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Judge orders eXp to turn over ‘sweetheart deal’ negotiation docs

Inman

Court probes "reverse auction" allegations while plaintiffs seek preliminary approval of deals with eXp Realty, Weichert, Mark Spain Real Estate and Atlanta Communities Real Estate.

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Realtor.com Unveils Best Markets for First-Time Homebuyers in 2025

RIS Media

Its no secret that affordable homeownership seems to be a mirage that many a thirsting wanderer is chasing in a desert of high prices. However, a new report by Realtor.com may offer some diamonds in the rough for prospective homebuyers who havent given up their pursuit. One pitfall that many prospective homebuyers encounter in this… The post Realtor.com Unveils Best Markets for First-Time Homebuyers in 2025 appeared first on RISMedia.

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5 ways my AI twin connects me to clients, helps generate content

Inman

Looking for more help in your business? The answer might lie with an AI-generated twin who can take on some of the communication tasks on your behalf, Rachael Hite writes.

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Gowanus Lottery Launches for Affordable Artist Studios

Brownstoner

By Kirstyn Brendlen, Brooklyn Paper A lottery for six affordable artist studios in Gowanus the first of more than 100 such workspaces slated to come to the neighborhood in the next few years is now open. The studios, built as part of a community benefits agreement signed ahead of the… Read More > The post Gowanus Lottery Launches for Affordable Artist Studios appeared first on Brownstoner.

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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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Mr. Cooper veteran Chris Marshall tapped to run Xome marketplace

Inman

Marshall will take over for Xome CEO Mike Rawls when he retires on June 30, with the two working together until then to ensure a smooth transition at the foreclosure auction site, executives said.

Loans 109
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Mastering Lead Conversion: Building a Reliable Client Base

RIS Media

In the competitive world of real estate, generating leads is just the beginning. The real challenge lies in converting those leads into loyal clients and, eventually, into closed deals. Lead conversion is an artone that requires strategy, persistence and a deep understanding of human behavior. The first step? Build a strong client base and professional… The post Mastering Lead Conversion: Building a Reliable Client Base appeared first on RISMedia.

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How to Find Cash Home Buyers in Roswell for a Hassle-Free Home Sale

HomeLight

Working with a cash buyer offers a practical option for Roswell homeowners looking for a fast and stress-free sale. Due to its thriving healthcare and technology industries, both local and out-of-state investors are drawn to this historic Georgia city. With median home sale prices on the rise in Roswell, now might be an ideal time to consider selling your home to a cash buyer.

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Be the “Mayor” of Your Real Estate Farm Area

RIS Media

Above, Darryl Davis Prospecting isnt just about knocking on doors or making phone calls. To truly stand out as a real estate agent, you need to establish yourself as a trusted leader in your communityessentially, the mayor of your farm area. Think of it this way: great agents go beyond transactions. They build relationships, create… The post Be the “Mayor” of Your Real Estate Farm Area appeared first on RISMedia.

Agents 94
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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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Columbia County Federal With Charm-Filled Interior, Barn Asks $1.9 Million

Brownstoner

In Columbia County, an extensive landscape of 67 acres ranges from secluded woods to rolling lawns and includes a 19th century brick main house filled with lovingly cared for period details and enough outbuildings to hold guests and a multitude of hobbies. With an address of 3 Pratt Road, the… Read More > The post Columbia County Federal With Charm-Filled Interior, Barn Asks $1.9 Million appeared first on Brownstoner.

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Signal over static

1000Watt

The day breaks, your mind aches The demands of marketing feel endless. Its a rhythm that doesnt pause, pushing you to post, share, create, and repeat. Demands come from all sides. Platforms reward constant activity. Marketing coaches preach quantity over quality, urging you to churn more often. Amidst this relentless push to produce, one critical question remains unanswered: Is any of it making an impact?

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A Fiske Terrace Standalone With a Garage and More to See, Starting at $989K

Brownstoner

Our picks for open houses to check out this weekend are found in Crown Heights, Fiske Terrace, Windsor Terrace, and Bed Stuy. They range in price from $989,000 to $2,399,999. 887 Lincoln Place Price: $2,399,999 Area: Crown Heights Broker: 5 Boro Realty (Nina Sabag) Sunday January 12, 1-2:30 p.m. See it here -> 774 East… Read More > The post A Fiske Terrace Standalone With a Garage and More to See, Starting at $989K appeared first on Brownstoner.

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5 Apps Every Agent Content Creator Needs In 2025

BAM Media

Growing up, I used to read Golf Digest , and one of my favorite segments was called “Whats in My Bag.” In it, theyd showcase everything inside the golf bags of my favorite players, from golf balls to divot fixers, rangefinders, and tees. You get the idea. This blog is my version of “Whats in My Bag,” but instead of golf gear, its all about the tools on my phone that I use to create content.

Agents 59
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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.