Trending Articles

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Disaster recovery for mortgage servicers: Navigating crisis with compliance & resilience

Housing Wire

Lessons from California wildfires and other natural disasters Californias wildfires highlighted the chaos that natural disasters continue to unleash not just on homeowners, but also on the mortgage servicers tasked with supporting them and the insurance industry that covers the cost of rebuilding. From wildfires to hurricanes, floods and earthquakes, each crisis tests a servicers ability to manage compliance, borrower support and investor expectations.

Mortgage 351
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Gross Profits on Home Flips on the RiseĀ 

Appraisal Buzz

ATTOM has released its year-end 2024 U.S. Home Flipping Report , which finds that 297,885 single-family homes and condos in the U.S. were flipped in 2024down 7.7% from the 322,782 homes and condos flipped in 2023 and 32.4% from a recent peak of nearly 441,000 reached in 2022. The report further reveals that as the number of homes flipped by investors declined, so did flips as a portion of all home sales, from 8.1% in 2023 to 7.6% last year.

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Whatā€™s keeping homebuilders from large-scale layoffs?

Housing Wire

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. Both of these data lines are currently still at the levels we saw in the early part of the COVID-19 recession. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits.

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Short sales are BACK (sort of)

Sacramento Appraisal Blog

Wait, are short sales back? Yes, they are. But let’s unpack what this means and sift through the hype. Also, I have some thoughts about comp selection and VA carnage. I’d love to hear your take in the comments. UPCOMING SPEAKING GIGS: 3/20/25 HomeSmart iCare Realty 4/2/25 SAFE Credit Union (RSVP here) 4/10/25 Yuba-Sutter Association […] The post Short sales are BACK (sort of) first appeared on Sacramento Appraisal Blog.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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ā€˜They have just ruined my careerā€™: Ousted Vegas Realtors CEO speaks

Inman

Former Las Vegas Realtors CEO Wendy DiVecchio claims her suspension and a subsequent probe into last year's Realtor elections lacked transparency. After she sued, she received a death threat.

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What went wrong at Redfin?

Housing Wire

Glenn Kelman seemed unusually down. The Redfin CEOs playful demeanor and quotable banter was notably absent on the companys fourth-quarter 2024 earnings call at the end of February. There could have been many innocuous reasons for sounding a bit deflated not enough sleep or a bad day at work. But in light of Redfins blockbuster sale to Rocket Mortgage that was announced less than two weeks later, hindsight dictates that Kelman may have known that the end of independence was coming for the compa

Brokerage 395
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Wealthy Renters More Common as Homebuying Costs Hinder AmericansĀ 

Appraisal Buzz

With all the revolving housing market trends going around, whats the new symbol of status? A lease. More affluent Americans are choosing to rent rather than buy a home, particularly in Sun Belt cities that saw a sharp rise in population during the pandemic. A new Redfin report showed that in recent years, wealthy renters have increased their share of the rental market in over three-quarters of the most populated U.S. metropolitan areas (35 out of 50), with Raleigh, NC, and Orlando, FL,leading th

HOA 387
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U.S. Sawmill Production Capacity Constant in 2024

Eyes on Housing

Sawmill and wood preservation firms reported lower capacity utilization rates coupled with level production and capacity throughout 2024. Despite no growth in production in 2024, utilization rates have trended downwards since 2017 as sawmills have expanded production capability. Even with more production capability, real output has not followed as output remains lower than 2018.

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How to find the right real estate coach (and how to know itā€™s a fit)

Inman

By defining your goals and ensuring a good fit, coach Verl Workman writes, you can choose a coaching company that will guide you to success.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more ā€” to help uncover **new** opportunities and grow their business. The process is quick and easy ā€” and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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New Alabama law: Buyers can tour homes without a contract

Real Estate News

Buyer agreements are a good thing, Alabama Realtors CEO says, but the law, inspired in part by the DOJ, gives consumers and agents more time to negotiate.

Law 304
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The housing market is ā€˜failing older adults,ā€™ Urban Institute says

Housing Wire

The state of the U.S. housing market particularly its levels of affordability, available inventory and accessibility for those with mobility or cognitive challenges presents a unique challenge for older Americans on fixed incomes. This has led to a failure to properly serve the senior cohort. These are the assertions of a report published last week by the Urban Institute.

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Homebuyers Reveal Generational Trends & Preferences

Appraisal Buzz

A new report released today from ServiceLink revealed that Gen Z remains eager and ready to buy a home this year. But high interest rates and home prices could deter them from crossing the finish line as their tolerance is waning. The annual survey analyzes generational trends among recent and prospective homebuyers, revealing their sentiment about the current housing market and their intentions to purchase, refinance or leverage home equity this year.

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Existing Home Sales Increased in February

Eyes on Housing

Existing home sales in February increased to the second highest level since March 2024, according to the National Association of Realtors (NAR). This rebound suggests buyers are slowly entering the market as inventory improves and mortgage rates decline from recent high in January. Despite rates easing, economic uncertainty may continue to constrain buyer activity.

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Inman Connect San Diego: Real estateā€™s future takes the stage

Inman

Learn from real estates best and brightest in the business, all while growing your network and meeting like-minded passionate and driven professional peers.

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FHFA head overhauls Fannie, Freddie boards, makes himself chair

Real Estate News

William Pulte ousts board members, adds new ones, including a DOGE-affiliated engineer. Plus, HUD floats affordable housing proposal, the CFPB clings to life.

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Truework Introduces New, Fully Automated Verification Platform, Truework IntelligenceĀ 

Appraisal Buzz

Truework , a provider of income and employment verification technology, has introduced Truework Intelligence, the first fully automated and comprehensive verification platform for mortgage lenders and property managers. The Truework Intelligence platform covers the end-to-end verification experience by delivering automatic orchestration, data standardization and insightsreplacing homegrown vendor waterfalls and associated internal processes, eliminating guesswork and handing customers a plug-and

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Lower Mortgage Rates, Better Affordability

Eyes on Housing

As housing affordability remains a critical challenge across the country, mortgage rates continue to play a central role in shaping homebuying power. Mortgage rates stayed elevated throughout 2023 and early 2024. Recent data, however, shows a modest decline in mortgage rates. Even slight declines can have a significant impact on housing affordability, pricing more households.

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Lead flow equals success: These are the top strategies for 2025

Inman

Real estate doesn't lack lead gen options, Jimmy Burgess writes. It lacks execution. He provides a wealth of resources and the strategies you need to implement them.

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DOJ calls out ā€˜misleadingā€™ claims about its take on Clear Cooperation

Real Estate News

Despite what industry participants have said, the Department of Justice clarified that it has not taken a position on whether CCP is anticompetitive.

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SFR investors scaled back home buying in 2024

Housing Wire

Institutional home-buying activity remained subdued last year as transactional players including iBuyers , flippers, and sales leaseback firms dominated the market. While major single-family rental (SFR) funds continued to make acquisitions, their volume was significantly lower than during the post-pandemic surge of 2021. An analysis by SFR Analytics , which tracks nationwide real estate transactions, found that the threshold to rank among the top 10 buyers in 2024 was nearly 80% lower than it

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NAR: Existing-Home Sales Jumped 4.2 Percent in FebruaryĀ 

Appraisal Buzz

Existing-home sales increased 4.2% in February compared with January to a seasonally adjusted annual rate of 4.26 million, according to the National Association of Realtors (NAR). Year-over-year, however, sales were down 1.2%. Regionally, and month-over-month, existing-home sales were down 2.0% in the Northeast, flat in the Midwest, up 4.4% in the South, and up 13.3% in the West.

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Property Tax Assessment Appeals: Lowering Your Tax Bill

Appraisal Partners Blog

Property taxes are a significant expense for homeowners. If you believe your property is assessed at a value higher than its fair market value, you have the right to appeal your property tax assessment. A successful appeal can result in a lower tax bill, saving you money each year. Understanding Property Tax Assessments Property tax assessments are conducted by local government assessors (town, city, or county).

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The least effective way to brand your real estate business

Inman

In todays world of AI search and brokerage M&A, trainer Bernice Ross writes, branding your business with your name or your brokerage isnt enough. Here's what to do instead.

Business 158
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Fed leaves rates unchanged, forecasts 2 cuts later in the year

Real Estate News

Economic factors could cause the Federal Reserve to change course, but heading into the spring homebuying season, mortgage rates are likely to remain stable.

Mortgage 267
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Fix-and-flip activity was down in 2024, but profit margins grew slightly

Housing Wire

The number of home flips across the U.S. fell in 2024, continuing a downward trend as real estate investors grapple with tight profit margins. According to Attom s 2024 U.S. Home Flipping Report, investors flipped 297,885 single-family homes and condominiums last year. That marked a 7.7% decline from 2023 and a 32.4% decline from the recent peak of nearly 441,000 flips in 2022.

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Commercial & Multifamily Mortgage Debt Climbed by Trillions in Q4

Appraisal Buzz

The most recent Commercial/Multifamily Mortgage Debt Outstanding quarterly report from the Mortgage Bankers Association (MBA) shows that the amount of outstanding commercial and multifamily mortgage debt at the end of 2024 was $172 billion (3.7%) more than at the end of 2023. According to MBAs study, the total amount of outstanding mortgage debt increased by 1.1% ($50.7 billion) to $4.79 trillion in Q4 of 2024.

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Navigating the New Normal: The Impact of Climate-Related Events on Real Estate Markets and Appraisals

Genworth MI Blog

In recent years, climate-related events have begun to affect areas that were once considered less vulnerable. From wildfires in Lahaina, Hawaiian area not traditionally known for such occurrencesto drought-induced saltwater intrusion in the Mississippi River, new environmental challenges are influencing landscapes and communities. This article, from our own David Foster , Enacts Senior Real Estate Appraiser, will examine how these environmental changes could impact real estate markets and apprai

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Rethink your assumptions when marketing to women homebuyers

Inman

Think women who buy are focused on style over substance? Think again. Theyre mostly focused on financial matters, and theyre willing to consider a fixer-upper.

Marketing 156
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ā€˜Unfilteredā€™: NAR has ā€˜a lot of cleaning up to doā€™

Real Estate News

Watch the conversation with Craig Witt as the EXIT Realty CEO explains how improving agent quality could benefit the industry as a whole.

Realty 263
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First-time homebuyers becoming first-time home sellers

Housing Wire

The surge in first-time homebuyers during 2020 has led to a new trend: first-time home sellers. Many who bought during the pandemic are now rethinking their decisions, citing changing lifestyles, financial miscalculations, and shifting market conditions, according to new data from Opendoor. A survey of 1,000 first-time sellers found that 79% regretted aspects of their home purchase, with 91% saying those regrets influenced their decision to sell.

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Generational Shifts and the American Dream

Appraisal Buzz

New findings from Redfin conclude that younger Americans are losing their momentum when it comes to homeownership, as 26.1% of Gen Zers owned their home in 2024, essentially a total flat from 2023 (26.3%), and 2022 (26.2%). Before that, the Gen Z homeownership rate had increased each year since Gen Zers started aging into potential homeownership in 2017 (except 2022, when it remained flat).

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Exploring U.S. Home Square Footage Trends

Empire Appraisal Group

News & Media Source: [link] Exploring U.S. Home Square Footage Trends Home sizes have grown significantly since 1949, with the average now 2,430 sq. ft. Factors like location, price and costs influence trends and affordability. NEW YORK The average square footage of a house in the United States is 2,430 square feet, according to the National Association of Home Builders.