Mon.Feb 03, 2025

article thumbnail

Milwaukee housing authority reportedly ‘misused’ millions in federal funds

Housing Wire

Officials with the Housing Authority of the City of Milwaukee (HACM) are reportedly moving to aggressively cut costs, following a leadership change and audit of its financial situation. The agencys new chief financial officer reportedly identified as much as $2.8 million in misappropriated federal funds that he said were used inappropriately by his predecessors.

article thumbnail

CFPB freezes activity after acting director takes helm

Real Estate News

U.S. Department of Treasury Secretary Scott Bessent puts the brakes on rule-making and enforcement as the Consumer Financial Protection Bureau faces defunding.

235
235
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial advisers can be key players for assessing health care costs in retirement

Housing Wire

Financial advisers are professionals uniquely suited to assist their clients with assessing and managing health care costs in retirement. But consumers who have access to a planners services do not appear to be better informed about the associated costs than people who do not use an adviser, according to a new research brief from Boston College s Center for Retirement Research.

Investor 431
article thumbnail

The Real Benefits of Buying a Home This Year

Keeping Current Matters

Have you been wondering whether you should keep renting or finally make the leap into homeownership?

224
224
article thumbnail

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.

article thumbnail

Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

The current environment of mergers and acquisitions (M&A) is evolving. There is constant movement in the mortgage industry with the desire for growth and expansion. It is easy to become blinded by the end goal of increasing loan volume and quality origination talent. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target.

article thumbnail

Buyer agreement questions? NAR lawyer has answers

Real Estate News

How much do you really know about buyer agreements? Get the facts from NARs general counsel, starting with core requirements, touring agreements and more.

197
197

More Trending

article thumbnail

LoanStream Mortgage exec arrested after fatal car accident

Inman

President of Irvine, California-based wholesale mortgage lender with history of drunk driving convictions arrested on suspicion of murder after 88-year-old man is killed in head-on accident.

Mortgages 138
article thumbnail

OCMBC president Serene Vernon arrested for murder and DUI

Housing Wire

Authorities in California on Friday arrested a driver who has three prior convictions for her alleged role in the death of an 88-year-old man. A crash involving a Land Rover SUV and a Ford Transit van happened in the Laguna Beach area at about 6:15 p.m. local time on Jan. 31, according to the Orange County Sheriff’s Department (OCSD). The Land Rover driver was identified as 48-year-old Dana Point resident Serene Francie Rosenberg, known as Serene Vernon in her workplace as the president of

Land 357
article thumbnail

Real estate agents carry hope for client pipelines into January: Intel

Inman

Current pipelines reported in the Intel survey remain higher than they were a few months ago, perhaps signaling that some clients are entertaining a return to the market despite headwinds from the Fed.

Agents 131
article thumbnail

More homebuyers seek government-backed loans as an affordability lifeline

Housing Wire

The combined cost of mortgages, taxes and insurance now takes up a larger share of household income than it has since the early 1980s, according to an affordability index from John Burns Research & Consulting. The company’s newest National Housing Market Outlook shows that buyers are gravitating toward government-backed loans in their search for affordability.

article thumbnail

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.

article thumbnail

87% of mortgage lead gen comes from referrals and past clients

Inman

When it comes to mortgages, Mike DelPrete writes, online lead generation is certainly a piece of the puzzle, but it pales in comparison to the power of referrals and existing relationships.

Mortgages 125
article thumbnail

U.S. home-price growth softens, but the LA wildfires hinder a broader market recovery

Housing Wire

Last year saw the softest home-price growth in more than 10 years, according to an analysis by ICE Mortgage Technology. Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels. On Monday, ICE released its February 2025 Mortgage Monitor report , which is based on the company’s public datasets.

Marketing 309
article thumbnail

Corcoran adds trending listings feature to website

Inman

The new feature, which the brokerage calls "like Netflix for real estate," highlights for homebuyers trending properties based on unique views, interactions and leads, the firm has informed Inman.

Brokerage 145
article thumbnail

US Mortgage hires Alana Dorbandt as VP, division lending manager

Housing Wire

Nationwide direct mortgage lender US Mortgage Corporation announced the appointment of Alana Dorbandt as its new vice president and division lending manager. In the new role, Dorbandt will lead the company’s expansion into the Southwest Region. Dorbandt was most recently the regional sales leader at Lower for over 15 years and has 24 years of overall experience in the financial services realm.

Lending 330
article thumbnail

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.

article thumbnail

Compass launches ‘Compass One’ client portal and dashboard

Inman

The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions.

article thumbnail

Weak demand is forcing more home sellers to reduce their asking price

Housing Wire

There are some really interesting price trends happening across the country right now. I mentioned last week how weakness in demand had led some of the measures for home price changes to slide into negative territory compared to a year ago. This week, another signal of future sales prices slipped in a bit of a surprising way, another factor showing weakness in homebuyer demand and weakness in price trends.

Sales 308
article thumbnail

4 steps to scale your business (and tip the scales in your favor)

Inman

Scaling isn't just about growth, BHGRE's Ginger Wilcox writes. It's about building a stronger, more resilient and engaged organization.

Brokerage 111
article thumbnail

Here are the 2025 Tech100 Mortgage Honorees

Housing Wire

The Tech100 Mortgage award recognizes the most innovative and impactful organizations driving the mortgage industry forward. More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending. Now in its 13th year, the Tech100 program serves as a trusted resource for housing professionals, providing a definitive list of the industrys top technology provid

Mortgages 362
article thumbnail

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.

article thumbnail

Four Ways Multifamily Properties Can Grow in 2025

AAOA

In 2024, the industry stabilized as elevated resident experiences, a focus on community, and eco-friendly practices shaped the multifamily landscape. In the new year, property operators will need to continue leveraging innovations in technology and sustainability, and incorporate premium amenities into the living experience in order to stay ahead. Here’s what trends we’re expecting to see more of in 2025.

article thumbnail

PA judge decides reverse mortgage gets first-priority in foreclosure dispute

Housing Wire

A reverse mortgage loan has first-priority status in a Pennsylvania foreclosure dispute, after initially being rejected by the trial court according to court documents reviewed by HousingWire s Reverse Mortgage Daily (RMD), and an analysis by attorneys at law firm Wilentz, Goldman & Spitzer, P.A. In 2005, the client purchased a home in the Foxfield at Naamans Creek community in Garnet Valley, Penn. with a traditional mortgage.

Mortgages 293
article thumbnail

Bed Stuy Brownstone With Mantels, Wood Floors Asks $2,124,999

Brownstoner

An 1890s brownstone that still has some details intact, this Bed Stuy two-family has room for some updates as well. At 550 Decatur Street, it boasts wainscoting, mantels, pocket doors, stained glass, and fretwork. It is one of a long stretch of houses constructed by prolific builder Charles G. Reynolds… Read More > The post Bed Stuy Brownstone With Mantels, Wood Floors Asks $2,124,999 appeared first on Brownstoner.

article thumbnail

Real estate brokerages and the rise of the revenue share model

Housing Wire

Love them or hate them, profit share and revenue share real estate brokerage models appear to be on the rise, highlighted by the rapid ascent of both eXp Realty and The Real Brokerage over the past roughly 15 years. However, Keller Williams is considered by many to be the originator of the profit/revenue share model, launching its profit share model in 1987.

Brokerage 267
article thumbnail

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.

article thumbnail

Canopy MLS members offered Rental Beast solutions

Inman

Charlotte, NC-based Canopy MLS has inked a software partnership with Rental Beast designed to encourage members to increase their work in the rental market.

MLS 106
article thumbnail

Ownwell partners with Valon on property tax monitoring service

Housing Wire

Ownwell is unveiling a new partnership that aims to help homeowners save money by avoiding higher property tax payments. On Monday, the company said it would partner with mortgage servicing company Valon to offer property tax savings services. This is Valon’s latest move to upgrade its mortgage servicing platform. The company recently raised $100 million in Series C funding to boost product development and outreach.

article thumbnail

Daily Links: Pintchik Sells Holdings, Pacific Park Hopeful Pledges ‘Greater Affordability’

Brownstoner

In the News What Would You Do to Make New York City More Affordable? [NYT] Now in College, Luddite Teens Still Dont Want Your Likes [NYT] Thief Bites Woman Trying to Stop Clinton Hill Package Theft [NYDN] Brooklynites Fume Over Shuttered Bed Stuy Tennis Courts [NYP] Migrant Vendors Park Carts as American Dreams Slip Away… Read More > The post Daily Links: Pintchik Sells Holdings, Pacific Park Hopeful Pledges ‘Greater Affordability’ appeared first on Brownstoner.

92
article thumbnail

WATCH: Can Buyer Agents Hold the Line? Yes—With a New Focus

RIS Media

According to John Gillam, broker of record at EXIT Realty Home & Ranch in Colorado, not every real estate business leader understands the new dynamics of this era of real estate. Most people dont bring in the right people to do the right diligence, he said. We are so caught up in the mindset of,… The post WATCH: Can Buyer Agents Hold the Line?

Agents 93
article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

article thumbnail

Older homeowners need financial support to boost property EPCs – warning

Estate Agent Today

The Government is being urged to provide financial support to retrofit 12m homes and make them more energy efficient.

77
article thumbnail

Winning Norcal Team Strives to Make People Happy

RIS Media

Above, Rosie Papazian, left and Krista Miller As an art and design major, Krista Miller had her eye on a career in architecture. But when she and her husband bought their first home in a small community east of San Francisco, she took an immediate interest in real estate. Looking at houses fit right in… The post Winning Norcal Team Strives to Make People Happy appeared first on RISMedia.

Design 80
article thumbnail

First-time buyers dominate home sales ahead of Stamp Duty changes

Estate Agent Today

First-time buyer activity has hit a record high in recent months ahead of the Stamp Duty deadline in March but many will be disappointed, research suggests.

Sales 73
article thumbnail

How Brokerages and Tech Partners Can Support Team Growth in 2025

RIS Media

Why are real estate teams outpacing traditional agent models in growth and profitability? The answer lies in their ability to adapt quickly, pool resources and create efficiencies. Top teams have become the backbone of many successful brokerages, offering a breadth of specialized expertise and chemistry that clients value. Yet, as teams expand, their need for… The post How Brokerages and Tech Partners Can Support Team Growth in 2025 appeared first on RISMedia.

article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.