Wed.Apr 02, 2025

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Purchase applications continue growth streak this spring

Housing Wire

Mortgage applications decreased 1.6% from last week , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 28, 2025. The index decreased 1% on an unadjusted basis compared with the previous week. The refinance index decreased 6% from the previous week but was still 57% higher than the same week one year ago.

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Agents grow more discontented with their profession, and with NAR

Inman

A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group.

Agents 158
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Bond yields fall after tariff news. Are mortgage rates next?

Housing Wire

Liberation Day has finally arrived, and what a wild day its been! The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. But the real game changer? Those anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currently trading at 4.13%. Since we believe in the close relationship between the 10-year yield and mortgage rates , we expect mortgage rates to decrease tomorrow if bond yields continue to decline.

Mortgages 453
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Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance

Inman

Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7 percent this year.

Investor 155
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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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Real estate agent morale has dropped in Redfin survey

Housing Wire

Growing dissatisfaction among real estate agents , concerns over declining commissions , and shifting views on the National Association of Realtors (NAR) are among findings in Redfin’s 2025 Industry Survey. The survey was conducted by Ipsos between December 2024 and January 2025, polling 500 agents from various brokerage s across the country. Respondents cited economic challenges , discrimination in the industry, and climate -related issues as key concerns affecting their profession.

Agents 344

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Fathom introduces ‘Elevate’ agent program with 20% commission split

Housing Wire

Fathom Holdings Inc. has introduced “Elevate,” a new program aimed at increasing real estate agent productivity through marketing, lead generation , transaction support and coaching. The initiative, available to all Fathom Realty agents , includes a 20% commission split and offers services designed to streamline agent operations and drive profitability.

Agents 388
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Stupid staging: What NOT to do if you actually want to sell

Inman

Author and trainer Bernice Ross offers a laundry list of don'ts when it comes to preparing a home to hit the real estate market.

Staging 153
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Mat Ishbia’s unfiltered thoughts on the Rocket-Mr. Cooper deal

Housing Wire

What does UWM’s Mat Ishbia think about Rocket Companies ‘ pending $9.4 billion deal for Mr. Cooper ? “The truth is, it’s fantastic,” he said on a Wednesday morning sales call with broker partners. “Because sometimes if you think someone is someone, and you don’t really know, and then you see who they really are, it’s very clear.” Ishbia said he had “no ill will” toward Rocket and respects their strategy. “But it’s not

Loans 413
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Boomers claim top homebuyers spot, leaving millennials behind

Inman

In a surprising shift, baby boomers have now surpassed millennials as the largest group of homebuyers,according to a new report released by the National Association of Realtors (NAR).

Finance 149
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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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CRMLS to offer AI-powered property reports from RealReports

Housing Wire

California Regional MLS (CRMLS) has partnered with proptech company RealReports to provide artificial intelligence (AI) -powered property reports to its users. The service, described as a Carfax for homes, will be available on an opt-in basis for CRMLSs participating associations through the CRMLS Association Product Co-Op. RealReports compiles data from more than 60 industry sources, offering agents detailed property reports that include permit history, climate risk , flood insurance costs, li

MLS 337
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8 ChatGPT Image Hacks Every Real Estate Agent Should Know

BAM Media

What if I told you a $20-a-month AI tool could do your staging , design, and marketing in seconds? It sounds like a late-night infomercial, but Im dead serious. The latest update from ChatGPT Plus can now create insane images on demand. Im not talking about their previous iteration of DALL-E either. Think virtual staging, interior design renderings, custom graphics, you name it.

Agents 110
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Roam secures $11.5M in funding to expand assumable mortgage access

Housing Wire

New York-based Roam , a platform for purchasing a home with an assumable low-rate mortgage included, announced on Wednesday that it has secured $11.5 million in Series A funding led by Keith Rabois of Khosla Ventures , who is a co-founder of Opendoor. The announcement from Roam confirmed that Founders Fund also participated in the funding round, and that Rabois and fellow Opendoor co-founder Eric Wu are joining Roam’s board.

Mortgages 341
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Hybrid rooms, luxurious mudrooms rule BHGRE trends report

Inman

Better Homes and Gardens Real Estate has released its annual home trends report, which revealed consumers are focused on making their homes multifunctional paradises with hybrid rooms and souped-up mudrooms.

Design 128
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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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Sarah Middleton joins Supreme Lending in C-suite roles

Housing Wire

Supreme Lending is adding a seasoned veteran to its leadership team. The company announced Wednesday that Sarah Middleton has been hired as its Chief Growth Officer and Chief Marketing Officer, roles in which she will lead growth strategy, recruiting, marketing and brand. Supreme Lending was drawn to Middletons experience in mortgage with building teams and driving visibility.

Lending 372
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Hate meditating? Try these 15 action-oriented stressbusters

Inman

If sitting quietly isn’t your style, Christy Murdock offers 15 high-impact stress-reducing exercises to help you feel better without the ohm.

Agents 114
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Mutual of Omaha hires Tracy Milligan for proprietary product rollout

Housing Wire

On the heels of launching a new proprietary reverse mortgage product, Mutual of Omaha Mortgage has announced the hiring of reverse mortgage industry veteran Tracy Milligan to serve as its director of strategic initiatives. Milligans reverse mortgage industry experience goes back to the early 2000s, having served for five years as an underwriting manager with Financial Freedom.

Loans 339
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The US needs 40 million more low-cost homes

Real Estate News

The number of households that can only afford homes under $300K far exceeds the supply at that price point, while there is a glut of homes valued at $2M and up.

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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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NTREIS appoints Chris Carrillo as CEO

Housing Wire

North Texas Real Estate Information Systems, Inc. (NTREIS) has appointed Chris Carrillo as its next CEO, effective June 1. Carrillo, currently CEO of Metro MLS in Milwaukee , brings nearly three decades of experience in the real estate industry to his new position. Throughout the selection process, I was deeply impressed by the search committees dedication, professionalism, and clear vision for the future of NTREIS, Carrillo said.

MLS 311
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Baby Boomers Back on Top as Largest Percentage of U.S. Homebuyers

RIS Media

Real estate agents should expect to work the most with older and experienced homebuyers, per the latest data from the National Association of REALTORS (NAR). NARs 2025 Home Buyers and Sellers Generational Trends Report found that baby boomers have overtaken millennials, reclaiming the top spot as the largest share of homebuyers, outpacing younger generations.

Agents 102
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Zillow plays renter matchmaker in Austin

Housing Wire

Housing Connector , a housing nonprofit that’s powered by Zillow technology, is launching in Austin, according to an announcement on Tuesday. The nonprofit connects property owners with local nonprofit service providers to increase housing access for individuals and families in need. The Austin launch is in partnership with the City of Austin s Homeless Strategy Office.

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Flatbush Slee & Bryson Neo-Federal With Built-ins, Garage Asks $1.499 Million

Brownstoner

There are only a handful of interior photos, but this single-family dwelling has the appeal of being one of the picturesque neo-Federal dwellings that make up the petite Albemarle-Kenmore Terraces Historic District. In estate condition, 255 East 21st Street has wood floors, built-ins, and other early 20th century details as… Read More > The post Flatbush Slee & Bryson Neo-Federal With Built-ins, Garage Asks $1.499 Million appeared first on Brownstoner.

Marketing 109
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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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Gavin Swartzman retires as CEO of Peerage Realty Partners

Housing Wire

Peerage Realty Partners is not immune to some of the recent leadership shakeups seen across the housing industry.On Wednesday, the firm announced that longtime CEO Gavin Swartzman had officially retired from his role on Monday. Swartzman is being replaced by Tara Brown, who has served as the president of Peerage Group Sothebys International Realty and as a member of the Peerage Realty Partners executive committee since joining Peerage in June 2024.

Branding 286
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Compass retains the top spot among US brokerages

Real Estate News

With over $231 billion in sales volume last year, the firm which has been on an acquisitions spree ranked No. 1 in the Mega 1000 list of top brokerages.

Brokerage 254
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FOA promotes Jonathan Scarpati to chief production officer

Housing Wire

Top-five reverse mortgage industry lender Finance of America (FOA) announced on Wednesday that it has promoted Jonathan Scarpati to the role of chief production officer. Scarpati previously served as the company’s senior vice president of wholesale lending. Scarpati has served at FOA since 2010 in various roles, and he is the first occupant of this new C-suite executive position.

Equity 300
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From Blank Canvas to Buyer’s Dream: 12 Tips to Sell a Vacant Home

HomeLight

Most buyers arent visionaries, which makes selling a vacant home harder: I know some clients who love the empty space because they can envision what theyll do with it. But other people just simply cant, and thats a tougher deal, says Sam Flamont , a top Traverse City, Michigan real estate agent. A study suggests that a vacant home will sell for over $11,000 less and sit on the market for six more days than the average sale.

Staging 98
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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.