Mon.Apr 21, 2025

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Nearly half of home sellers are offering concessions

Housing Wire

U.S. home sellers offered concessions to buyers in near-record numbers during the first quarter of 2025 as rising housing costs , high mortgage rates and growing economic uncertainty continued to reshape the real estate landscape. According to a new report from Redfin , 44.4% of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns.

Sellers 439
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Checkr to Acquire Verifications Provider Truework

Appraisal Buzz

Truework , which offers income and employment verification solutions to the mortgage industry, is being acquired by Checkr, a $5 billion HR platform that helps companies like Kia, OpenAI and Birkenstock. Terms of the deal were not divulged. The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions. The deal allows Checkr to expand into an adjacent multi-billion dollar mortgage and lending market and further accelerates its growth in the enterpris

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6 time management hacks to sell more homes in 2025

Housing Wire

A majority of agents believe 2025 is going to be a great year for the housing market, with 85% saying they have an optimistic outlook , and 70% believing the market will be more stable, according to a new survey from Clever Real Estate. Although agents are split on whether its going to be a buyers market or a sellers market, 87% of agents predict that demand will remain very strong over the next year.

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A New Adjustments Problem?

George Dell

Why are adjustments a problem? The concept is simple. How does a typical buyer react (with a number), to a particular feature? For example, it seems to be easy to judge a persons reaction to a house which is, say, 15% bigger. Economists use what is called apreference function to analyze this. This concept is […] The post A New Adjustments Problem?

Buyers 195
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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Closing costs for the typical home purchase now top $4,600

Housing Wire

Homebuyers paid an average of $4,661 in closing costs on purchase mortgages last year, according to a new report from LodeStar Software Solutions. The company released its first-ever purchase mortgage closing cost report. The findings showed that, on average, closing costs represented 1.06% of home sale prices at the national level. The median percentage came in slightly lower at 0.88%.

Mortgage 375

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Randell Gillespie named president of LeaderOne

Housing Wire

Veteran mortgage executive Randell Gillespie has been named president of Kansas City -based mortgage shop LeaderOne. Gillespie joins LeaderOne following a long stint at Thrive Mortgage and Lower , which merged in early 2024. He most recently served as chief production officer at the combined company before his departure in February 2025. This company was built for these times with an incredibly strong capital base, a genuine care culture, and forward thinking creativity supported by proprietary

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Home value forecast takes a rare negative turn

Real Estate News

Zillows predicted difference from March 2025 to March 2026 went from barely positive to down 1.7%. And ongoing economic uncertainty isnt helping.

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NYC outlines fines for violating broker fee ban amid legal fight

Housing Wire

New York City is preparing to enforce a sweeping new law that aims to eliminate most residential broker fees and is proposing fines as high as $2,000 per violation. The citys Department of Consumer and Worker Protection (DCWP) last week released proposed penalties to back the Fairness in Apartment Rental Expenses Act, the Gothamist reported Monday. The provisions are set to take effect June 11.

Legal 338
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‘Unfiltered’: Off-MLS trend is taking the industry ‘backwards’

Real Estate News

Watch the conversation with data analyst Mike Simonsen as he weighs in on private listings, rising inventory and where home sales are headed in 2025.

Inventory 257
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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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Mile High Lifestyles joins Your Castle Real Estate, doubles in size

Housing Wire

A high-performing Colorado real estate team has joined one of Denver s largest brokerages. Mile High Lifestyles , led by co-founder Jaden Hanson, has joined Your Castle Real Estate , bringing 25 residential agents to the firm. Since then, the team has doubled in size, according to Hanson. In 2024, RealTrends listed Mile High Lifestyles as the No. 10 large team in Colorado and included it among the top 500 large teams in the U.S. for a sixth straight year.

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Who Influences the Purchasing of Building Products?

Eyes on Housing

In a previous post, NAHB analyzed where builders and remodelers purchased products, regardless of who ultimately purchases them (themselves or subcontractors). In this post, the question shifts to who is most often responsible for the choice of particular products. When averaging over all 24 building product categories, 60% of builders report they had the most.

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ProPath learning: How evolving real estate education shapes next-gen agents

Housing Wire

As an industry, the real estate world is truly unique. Think about it: The business has a low barrier to entry, many paths to success, and almost limitless growth potential. It may be the only field that can turn an 18-year-old into a millionaire without the need to go viral on social media. What more do you need in a career field? Newcomers may have a mentor or know someone in the field or a great brokerage to guide them, but some don’t always get a well-defined path to success when they

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How GoFormz Is Changing the Game for Field Technicians

GoForrmz

Supercharge your field operations with powerful data capture capabilities Field operations demand constant vigilance and seamless communication to ensure efficiency and accuracy. Keeping teams aligned with their tasks and maintaining real-time updates is essential for staying on schedule and avoiding costly delays. However, relying on traditional communication methods, such as paper forms, phone calls, and text messages, often leads to critical information getting lost, miscommunicated, or delay

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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 — to help uncover **new** opportunities and grow their business. The process is quick and easy — 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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Washington Legislature requests study of home equity investment products

Housing Wire

As one of only a few states considering more stringent regulation of the home equity investment (HEI)/home equity contract product category, lawmakers in the state of Washington have requested an academic study to assess the impacts on state residents who may use an HEI to tap into their home equity. The Washington State Department of Financial Institutions has commissioned a formal academic study on the topic of HEI products.

Investing 265
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Hanna Holdings lawyers dispute judge’s recollection in recusal spat

Inman

Judge Stephen Bough refused to recuse himself from a case involving Hanna Holdings, saying their attorneys already had a chance to flag an apparent conflict. Hanna attorneys say its not true.

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CrossCountry, Blend announce partnership to drive IMB growth

Housing Wire

CrossCountry Mortgage and digital banking platform Blend on Monday announced an expanded partnership to drive innovation for independent mortgage banks ( IMBs ). The partnership brings together CrossCountry ‘s 7,000-plus employees across more than 700 branches and Blend ‘s technology platform that powered nearly $1.2 trillion in loan applications in 2024.

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New squabble erupts over private listings

Real Estate News

The two camps for and against private inventory took to LinkedIn to fortify their positions on the issue and to lob attacks at one another.

Inventory 147
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Prudent AI promotes Paul Gigliotti to chief growth officer

Housing Wire

Mortgage technology platform Prudent AI on Monday announced the promotion of Paul Gigliotti to the role of chief growth officer. Gigliotti has more than 20 years of experience in the mortgage lending and fintech realms, and he will oversee the company’s revenue, sales and marketing strategies. “Paul’s exceptional ability to identify strategic opportunities and forge meaningful industry partnerships has already made a significant impact since he joined our team,” Srikanth

Lending 254
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After pause, Utah MLS resumes Clear Cooperation enforcement

Inman

The Utah-based Realtor association has adopted Delayed Marketing Exempt Listings, introduced under NAR'S Multiple Listing Options for Sellers Policy.

Realtors 126
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John Burns: Consumer confidence slips as economic uncertainty mounts

Housing Wire

Amid inflation worries, political turmoil and ripple effects from new federal spending cuts , Americans are growing increasingly pessimistic about the economy, housing market and their personal finances, according to a new consumer sentiment survey. Only 34% of U.S. households are optimistic about the economic outlook for the next year, down from 39% in December, according to the survey results from John Burns Research & Consulting.

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Tariff fears trigger gloomy consumer sentiment: Economist

Inman

Windermere Economist Jeff Tucker looks at how a combination of tariffs, economic uncertainty, and rebounding interest rates may cause both buyers and sellers to hunker down for now.

Sellers 117
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New program offers support to Florida’s first-time homebuyers

Housing Wire

As housing affordability in Florida continues to decline , a new initiative is targeting first-time homebuyers who are struggling to enter the market. Nestment , a real estate education company, has partnered with Florida -based brokerage The Keyes Co. to launch a five-week program aimed at preparing potential homeowners for the buying process. The program, called NestGen, will begin May 21 and is open to Florida residents who are considering buying a home in the near future.

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Dream Finders Homes grows its mortgage, title insurance footprint

Inman

Alliant National acquisition brings 700 independent title agents in 32 states to Dream Finders, which provided financing on 72 percent of the homes it built last year through subsidiary Jet HomeLoans.

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Do This Before You Buy a Car

BiggerPockets

Cars are a big source of contention in the finance world.

Finance 80
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3 industry giants. 1 stage. The conversation real estate needs

Inman

At Inman On Tour Miami, 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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Ontario mortgage agent fined $30k for risky loans, undisclosed conflict

Mortgagebroker News

Former agent arranged five short-term private mortgages tied to his brother's company

Agents 79
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Agents find waning value in the purchase of portal leads: Intel

Inman

Nearly 70 percent of agents who have purchased portal leads in the past say they no longer buy them, citing "time and money" needed for maximum ROI, according to the latest Intel Index polling data.

Agents 80
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Inside the Numbers: How a Special Lease Transforms This Deal Into a No-Brainer

BiggerPockets

Im always on the lookout for investment opportunities that make sensenot just on paper but in real life.

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Plunging rents boost first-time buyers – but big challenges remain

Mortgagebroker News

Lower rents could make it easier for new buyers to afford a downpayment, but home prices aren't exactly nosediving

Buyers 64
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The Airbnb Era is Over—Investors Should Be Flocking to This Instead

BiggerPockets

Short-term rentals (STRs) have been a hot strategy for years. At one point, they felt like cheat codes: massive cash flow, manageable with automation, and relatively low vacancy.

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CREA cuts housing market forecast as tariffs disrupts recovery

Mortgagebroker News

Trade war instability drag March sales down, with prices also under pressure