Sat.Jan 18, 2025 - Fri.Jan 24, 2025

article thumbnail

Home sales are stalled with 7% mortgages

Housing Wire

New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Those sales gains have evaporated and even reversed. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago.

Sales 396
article thumbnail

Why More People Are Buying Multi-Generational Homes Today

Keeping Current Matters

Today, 17% of homebuyers are choosing multi-generational homes — that’s when you buy a house with your parents, adult children, or even distant relatives.

210
210
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 big — and very bold — predictions for the mortgage industry in 2025

Real Estate News

From 10% mortgage rates to off-planet loans, these scenarios face long odds but they may not be as far-fetched as they seem.

article thumbnail

25 ways to thrive during real estate conference season

Inman

Let frequent conference attendee, speaker and organizer Nikki Beauchamp share key strategies that help her not just survive but thrive during this busy period.

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

All the ways the wildfires could make LA housing more expensive

Housing Wire

The sight of beautiful houses in Los Angeles transports you to an idyllic version of the city found in classic Hollywood movies. But the harsh realities of its pricy housing market more resemble the citys dark underbelly reflected in a David Lynch LA noir film. And the wildfires ripping through Los Angeles could make its housing affordability crisis worse.

article thumbnail

When Is the Perfect Time To Move?

Keeping Current Matters

It’s easy to get caught up in the idea of waiting for the perfect moment to make your move – especially in today’s market.

Marketing 210

More Trending

article thumbnail

Trending: Seeing Red (Book) and getting flashy on Bluesky

Inman

Real estate agents, stay ahead of the TikTok ban with expert advice from Jessi Healey. Explore alternatives like Xiaohongshu and Bluesky's Flashes and learn how tools like YouTube Shorts can help you adapt and grow your marketing strategy.

Agents 151
article thumbnail

Capitulation: Why buyers and sellers are ready to move

Housing Wire

Inaction is easy. Its quiet; unwritten; immune from critique. It sits undone; confidently static. But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopaths diary entry: We could have watched you grow up, but your grandpa and me werent willing to give up our 2.875% rate to move closer to you. Your mother and I could have sent you to good schools, but we just didnt have the energy to problem-solve a new monthly payment.

Staging 369
article thumbnail

Mortgage Rates Forecast for the Next 3 Years: 2025 to 2027

Marco Santarelli

If you're anything like me, youre probably glued to the news, trying to figure out what's going to happen with mortgage rates. Buying a home is a huge deal, and the interest rate can make or break your budget. So, here's the scoop: Mortgage rates forecast for the next three years (2025, 2026, and 2027) suggest a slow but steady decline , mainly influenced by the Federal Reserve's actions and how the overall economy is doing.

Mortgages 105
article thumbnail

Brokerage Beat: News from Hanna, Real, CB, C21, United, more

Real Estate News

Howard Hanna merger adds 400 agents; Spyglass Realty joins Real; CB and C21 gain top teams in the Northeast; United Partners adds commercial division; more.

Brokerage 200
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

‘Should I stay or should I go?’ 5 questions agents should ask

Inman

This is the time of year to find out what you need from a broker and whether your current broker can provide it, ERA Real Estate President Alex Vidal writes.

Agents 165
article thumbnail

Bay Area brokerage buys back independence to ‘make meaning, not money’

Housing Wire

The moment felt surreal and inspiring for Chris Trapani and Ryan Iwanaga, co-founders of the Christie’s International Real Estate Sereno brokerage, as they repurchased their independence from @properties. After inking the deal, the leaders say they have one mission in mind for Sereno’s future make meaning, not money. The move came after @properties finalized a merger with Compass , which Northern California-based Sereno won’t be a part of.

Brokerage 350
article thumbnail

Rightmove: New Year asking prices rise at record rate – but will it last?

Estate Agent Today

Average asking prices have increased by the largest amount for January since 2020, Rightmove data shows.

113
113
article thumbnail

Decoded: The ‘behind-the-scenes demands’ over Clear Cooperation

Real Estate News

CRMLS CEO Art Carter explains what some brokerages are asking for and why the nations largest MLS has decided to "stand firmly" behind the divisive policy.

MLS 157
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

Inman unveils class of 2025 Power Players, New York Power Brokers and MLS Reinvented award winners

Inman

The 2025 Power Players award celebrates 143 industry leaders whose power and influence are shaping the future of real estate. This marks the start of a year dedicated to honoring the very best of our community.

MLS 135
article thumbnail

How gen AI is making real estate cybercrime easier than ever

Housing Wire

Cybercrime losses rose to a record high of $12.8 billion in 2023, according to the FBI’s Internet Crime Report , and 2024 saw more of the same. Consider these stats: FundingShield reported that 45.5% of loans processed in Q4 2024 had issues that lead to wire fraud risks. NDP Analytics reported that in just one month in 2024, 19% of firms reported a seller impersonation fraud attempt.

Title 288
article thumbnail

PHIL SPENCER: Helping Buyers and Sellers through the Moving Maze

Estate Agent Today

Theres lots of talk around right now about how often we move home.

110
110
article thumbnail

LA fires spark a call for real estate ‘unity’

Real Estate News

Industry veterans and pro musicians channel their hopes into a song thats meant to point people toward positive change in a time of "so much hate.

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

Today’s Mortgage Rates Rise Slightly: January 21, 2025 Trends

Marco Santarelli

Today's mortgage rates on January 21, 2025, have witnessed a modest increase across various loan types, providing crucial insights for potential buyers and current homeowners. Specifically, the average rates for 30-year fixed, 15-year fixed, and adjustable-rate mortgages have risen. If you are looking to enter the housing market or refinance, understanding these rate changes is vital for making informed decisions.

article thumbnail

Moment of truth: 2025 RealTrends Verified rankings are open for submission

Housing Wire

The time has come to highlight game-changing real estate professionals who adhered to the gold standard of brilliance in 2024. RealTrends Verified has opened the submissions period for its 2025 rankings, alongside a series of big-time enhancements. This year’s rankings mark a new chapter in the journey for RealTrends Verified and real estate professionals won’t want to miss out.

Brokerage 324
article thumbnail

Zoopla: The UK markets with best prospects for house price growth

Estate Agent Today

Housing markets in Scotland and Northern England have been identified as having the best prospects for house price growth in 2025, research suggests.

Marketing 109
article thumbnail

MLS Milestones: Floor plans required in New Mexico; Texas MLS expands

Real Estate News

In a first for the industry, NMMLS mandates floor plans on all listings and hopes other MLSs will follow its lead. Plus, Waco Realtors joins NTREIS.

MLS 161
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

Here’s What to Do When a Realtor is in Breach of Contract

HomeLight

88% of recent home buyers said they would use their agent again thats the good news. But what about the other 12% of clients who come away unsatisfied or worse? When your real estate agent breaches contract, its a nightmare. A real estate agents failure to do their job can cost you time, money, and personal damages. A breach in contract could be the difference between selling your house in a month and selling it in four.

Agents 85
article thumbnail

The FICS advantage: Leveraging automation for smarter mortgage servicing in 2025

Housing Wire

After years of high interest rates, and price spikes, mortgage lenders are optimistic heading into 2025. Fannie Mae predicts a 28% increase in mortgage originations to $2.1 trillion. The Mortgage Bankers Association (MBA) also predicts that total origination volume will increase by 28.5% to $2.3 trillion. Alongside that, Fitch expects mortgage servicing rights (MSR) amortization costs and write-downs to increase with higher pre-payments.

Mortgages 274
article thumbnail

Boost for buyers as mortgage lending rules may be relaxed

Estate Agent Today

Homebuyers could get a boost amid rumours that financial regulators are considering relaxing mortgage lending rules.

Lending 109
article thumbnail

Millions of young (and not-so-young) adults still live at home

Real Estate News

Facing affordability challenges, the share of 25- to 34-year-olds living with parents has risen after trending down during the pandemic.

145
145
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

Rental Prices Continue to Decline Due to New Construction and Absorption Rates

RIS Media

New data from Realtor.com shows that rental prices continued to decline for the month of December, as the national median asking rent fell below $1,700 for the first time since April 2022. According to Realtor.com, this is a 1.1% decline year-over-year from December 2023. Absorption rates, the share of newly built rental units successfully leased… The post Rental Prices Continue to Decline Due to New Construction and Absorption Rates appeared first on RISMedia.

article thumbnail

Lower CEO Dan Snyder explores acquisitions, technology and growth plans

Housing Wire

In this weeks episode of the PowerHouse podcast, HousingWire President Diego Sanchez talks with Lower CEO Dan Snyder about the digital lenders recent acquisition of Neat Labs , its in-house tech development efforts and coaching programs for top producers. This conversation has been edited for length and clarity. To start the conversation, Sanchez asks a question about Lowers most recent acquisition.

article thumbnail

KW sues InsideRE for trademark infringement over BoldTrail

Inman

InsideRE's use of the word "bold" and the color purple in a rebrand of the product formerly known as kvCORE make its branding "confusingly similar" to KW's BOLD product, the company claimed.

article thumbnail

Keller Williams, LPT start the year with recruiting wins

Real Estate News

While the firms are operating at very different scales, they're each focused on growth, with KW gaining ground in Toronto and LPT nabbing 11 Livian teams.

144
144
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.