Sat.Feb 01, 2025 - Fri.Feb 07, 2025

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The state of US homeownership: Younger buyers hold the key

Housing Wire

Today, the Census Bureau reported the homeownership rate at 65.7%. Are we becoming a renter nation like many people are saying? Lets look at the data. Household formation Let’s first talk about household formation. I have a simple model (even more appropriate before Valentines Day). My American housing demographic model shows that Americans: Rent Date Mate Get married 3.5 years after marriage, we have kids and dual-income households buy bigger homes to live in.

Loans 412
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Climate change reshapes real estate, putting $1.5T in value at risk

Inman

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing but also considering climate risks before purchases.

Marketing 174
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Commissions rebound following post-settlement decline

Real Estate News

Two recent studies found that real estate agent commission rates fell after industry practice changes took effect, but they have largely recovered.

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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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273
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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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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.

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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 153

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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?

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275
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Climate risk could take $1.5 trillion out of U.S. real estate

Housing Wire

Recent natural disasters such as the LA wildfires show that climate change risks can shift the real estate and mortgage industries on a dime. And these changes could be extremely costly. According to a new study, climate-induced shifts could significantly lower property values over time. But this could have a double-edged effect, depending on the market.

As-is 411
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Texas-based mega MLS will no longer require Realtor membership

Inman

The Austin Board of Realtors' Unlock MLS will offer non-Realtor subscriptions starting on June 1.

MLS 167
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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.

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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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The 3 Biggest Mistakes Sellers Are Making Right Now

Keeping Current Matters

If you want to sell your house, having the right strategies and expectations is key.

Agents 259
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More first-time buyers rely on mortgage rate buydowns to afford homes

Housing Wire

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. According to HomeLight ‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers. HomeLight is an Arizona -based real estate platform designed to connect agents with clients.

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Former Vegas Realtors CEO sues organization after election mishap

Inman

Wendy DiVecchio points to disagreement with the board over LVR's ownership of its MLS as a potential reason she was suspended, investigated and subsequently fired last week.

MLS 165
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Compass launches client portal amid private listings push

Real Estate News

The brokerages leaders are betting on a future where Clear Cooperation is repealed, aligning tech and marketing strategies around exclusive listings.

Brokerage 269
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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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Why Buying a Home Now Is Your Winning Play

Keeping Current Matters

You may be sitting on the sidelines wondering if it’s better to buy now or wait. But buying before the spring rush may be a game-changing decision.

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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 432
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Umansky and Dwiggins face off in the great Clear Cooperation debate

Inman

Tune in to Inman Access, and decide which side of the debate between The Agency's Mauricio Umansky and NextHome's James Dwiggins you're on.

MLS 158
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Want to amend a buyer agreement? NAR lawyer explains how

Real Estate News

Signed agreements can be changed but only under certain circumstances. NARs general counsel provides scenarios and addresses other common questions.

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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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Buyer Bright Spot: There Are More Homes on the Market

Keeping Current Matters

The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates.

Marketing 220
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Mortgage rates remain high due to labor market resilience

Housing Wire

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. For those seeking lower mortgage rates, it’s more essential to see the labor market breaking than to just see improvements in inflation.

Mortgages 459
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A broker left out of NAR settlement gets candid: ‘I’m still pissed’

Inman

First Team CEO Michele Harrington's company just settled a commission suit. But while speaking to Inman, she was critical of the way the suits, and NAR's involvement, have played out.

MLS 172
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Brokerage Beat: News from eXp, RE/MAX, KW, @properties

Real Estate News

eXp adds top NJ team; 2 Colorado RE/MAX offices merge; Seattle team joins KW; Chicago agent brings team to @properties; Christie's Sereno adds NorCal duo; more.

Brokerage 256
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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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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.

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State Farm seeks double-digit rate hike in California in wake of LA fires

Inman

The insurer asked the California Department of Insurance to raise rates by an average of 22 percent "to help avert a dire situation" as the company pays thousands of claims related to the fires.

Agents 167
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How Compass' new portal works for buyers, sellers and agents

Real Estate News

The brokerages latest tech offering, Compass One, is an end-to-end platform focused on consumers and private listings.

Agents 240
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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.

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The Benefits of Positive Rent Reporting

AAOA

In todays financial landscape, a good credit score is more important than ever. It can influence everything from loan approvals to interest rates and even job opportunities. Traditionally, credit scores have been built through credit card usage, loan repayments, and other forms of debt. However, a new player is emerging in the credit-building arena: positive rent reporting.

Loans 119
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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 417
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Robert Reffkin nods to Gary Keller in latest Clear Cooperation critique

Inman

Compass CEO Robert Reffkin lays out 10 questions his agents are asking in the wake of NAR's commission settlement in his latest argument in favor of consumer choice and against CCP.

Agents 153
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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.

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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.