Thu.May 08, 2025

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Will the real Tamir Poleg please stand up?

Housing Wire

Tamir Poleg, chairman and CEO of The Real Brokerage , closed out the prepared remarks section of his firms first-quarter 2025 earnings call by addressing the transformative technological era the industry is currently operating in. The catch was, listeners thought it was Poleg, but it wasn’t. The rise of AI is not just another tool but a fundamental shift that, in our view, will reshape industries, professions and entire business models.

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Gone are the days of getting a gazillion offers

Sacramento Appraisal Blog

Getting ten offers was so 2021. Today, you might only get one. Or maybe two. But then again, zero if you’re overpriced. I have some brief stats today, and I hope they resonate and help build expectations for today’s housing market. UPCOMING SPEAKING GIGS: 5/8/25 Empire Home Loans (register here for today’s event) 5/13/25 PCAR […] The post Gone are the days of getting a gazillion offers first appeared on Sacramento Appraisal Blog.

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NAR: Home prices are up in 83% of metros

Housing Wire

Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 even as affordability remained stretched and fewer markets posted double-digit gains. According to the National Association of Realtors (NAR), 189 of 228 metro areas (83%) saw year-over-year increases in the median price for existing single-family homes. Thats a slight decline from 89% in the fourth quarter of 2024.

Realtors 416
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LPT Realty launches luxury offshoot Aperture Global

Real Estate News

New brokerage brand looks to take on established luxury players and attract agents who want cohesiveness across different states and global cities.

Realty 270
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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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The long anticipated transformation of the L.O.’s role is here

Housing Wire

Todays best loan officers operate differently and expect more. If you believe you can originate mortgages today in the same way they were done in 2018, youve probably been on a very remote island since then. Things like AI, well-integrated technology, consumer expectations and the rise of a number of innovative new business models have turned the industry on its head, and for the better in many cases.

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Buying a home is out of reach until 2034 for most new college graduates

Housing Wire

An analysis released Thursday by MortgageResearch.com suggests that the average new college graduate likely wont be able to afford a home until April 2034 nearly 10 years after graduation due to a triple burden of surging home prices, student loan debt and modest entry-level salaries. The study, which uses average federal student loan amounts by state from EducationData.org , assumes a 6.53% interest rate for undergraduate loans over a 10-year term.

Mortgage 265
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MBA: Mortgage Credit Availability Flat in April

Appraisal Buzz

Mortgage credit availability was flat in April, thus the Mortgage Bankers Associations (MBA) Mortgage Credit Availability Index (MCAI) remained unchanged at a score of 102.9. A decline in the MCAI indicates that lending standards are tightening, while increases are indicative of loosening credit. The index was benchmarked to 100 in March 2012. Credit availability for conventional and government loans remained unchanged.

Mortgage 195
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Are private listings and fiduciary duty truly opposites?

Housing Wire

As the debate over the Clear Cooperation Policy (CCP) and the proliferation of private listings has heated up, the term fiduciary duty has been bandied about. But could listing a client’s property on a private network instead of the MLS really be considered a breach of fiduciary duty? HousingWire consulted legal and consumer advocacy experts to find out.

Sellers 254
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ATTOM: Home Equity Dipped in Q1 But Remains Nearly Double What it Was in 2020 

Appraisal Buzz

About 46.2% of mortgaged residential properties in the U.S. were considered equity-rich in the first quarter, meaning the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value, according to ATTOM. Thats down from 47.7% in the fourth quarter of 2024. Despite the dip, the rate is nearly double what it was in the first quarter of 2020.

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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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Fired SDAR CEO claims wrongful termination ahead of October embezzlement trial

Housing Wire

The drama involving the San Diego Association of Realtors (SDAR) and San Diego MLS (SDMLS) is ramping up. Last month, Michael Mercurio , the former CEO of SDAR and SDMLS, filed a lawsuit alleging that he was wrongfully terminated. This comes as a separate suit against Mercurio is slated to go to trial in October 2025. In his suit filed in San Diego County Superior Court , Mercurio alleges that the classification of his April 2023 termination from the association for cause due to vague, unsubstan

Legal 265
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Mortgage Rates Basically Flat This Week, But Stability is ‘Reassuring to Consumers’   

Appraisal Buzz

Mortgage rates were basically flat this week, with the average rate for a 30-year fixed-rate mortgage at 6.76%, according to Freddie Macs Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 7.09%. Mortgage rates stayed flat this week, says Sam Khater, chief economist for Freddie Mac, in a statement. At this time last year, the 30-year fixed-rate mortgage was 30 basis points higher and purchase applications were declining.

Mortgage 195
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As economic concerns mount, home equity lending is viewed more favorably

Housing Wire

Nearly 30% of U.S. homeowners would consider tapping their home equity via products like a home equity line of credit ( HELOC ) due to ongoing concerns about the economic climate, stemming from a rise in volatility and uncertainty over the past three years. This comes from survey data collected by MeridianLink , a software vendor for the financial services and consumer reporting industries.

Lending 300
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Cloudvirga Launches Tropos, a Borrower Portal That’s More Than a Borrower Portal

Appraisal Buzz

Cloudvirga , a Stewart-owned provider of digital point-of-sale platforms for lenders, has launched Tropos , a borrower portal that helps lenders deliver personalized, intuitive digital experiences from initial application through clear-to-close. Designed with the flexibility to support a variety of consumer lending products, Tropos enhances Cloudvirgas POS ecosystem with a modular, customer-first solution that helps lenders drive engagement, reduce time to close and establish lasting borrower re

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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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Major title insurers post strong Q1 earnings, fueled by commercial real estate deals

Housing Wire

A surge in commercial real estate transactions helped drive solid first-quarter 2025 earnings for the countrys largest title insurers. First American Financial , Fidelity National Financial , Old Republic International and Stewart Information Services all reported year-over-year gains in commercial title revenue. Leaders at each company pointed to improved demand and strategic investments in growth.

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Clear Capital Launches PropertyNova, a New Data Solutions Business

Appraisal Buzz

Valuations firm Clear Capital has launched a data solutions business called PropertyNova that offers comprehensive property insights. The firm says this new solution helps address critical gaps and challenges in the property data market. In this first phase of the launch, the company is introducing tax assessment data and recorder deed data, the two first data solutions being delivered via the data-as-a-service.

Business 150
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Rocket shifts focus to integration after Q1 growth in originations and M&A

Housing Wire

Lower rates helped Detroit-based Rocket Companies , the parent of Rocket Mortgage , improve its originations in the first quarter of the year a period also marked by the announcement of two major acquisitions in Redfin and Mr. Cooper. But the second quarter is expected to look different. While the macroeconomic landscape made mortgage production more challenging in April, the company will now shift its focus from closing deals to integration.

Clients 242
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Multifamily Developer Confidence Falls in the First Quarter

Eyes on Housing

Multifamily developers are starting the year in a cautious state, according to Q1 2025 results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) decreased three points to 44 year-over-year, marking the seventh consecutive quarter below the.

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Longbridge endures Q1 loss, but leaders tout ‘positive contributions’

Housing Wire

Despite a slowdown in overall Home Equity Conversion Mortgage ( HECM ) volume in the first quarter of 2025, Longbridge Financial contributed positively to parent company Ellington Financial. Overall performance at Ellington saw $31.6 million in net income to common stockholders, up from $22.4 million the prior quarter. Longbridge posted a net loss of $1 million for the quarter.

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Sellers Enter Spring Market With High Hopes

Empire Appraisal Group

Getty Images/millann Source: [link] Sellers Enter Spring Market With High Hopes A new Realtor.com survey finds potential sellers think it’s a good time to sell, with most expecting to get asking price despite mortgage rate concerns. AUSTIN, Texas Sellers across the U.S. are optimistic heading into this year’s Best Time to Sell with 70% of potential sellers thinking it is a good time to sell, according to a new survey from Realtor.com out today.

Sellers 78
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Michael Maher to lead referral training for KW MAPS

Housing Wire

Keller Williams has a new training program for KW-affiliated agents looking to up their game this summer. On Thursday, the firm announced that it is welcoming Michael Maher to the KW MAPS coaching team. Maher will lead a referral training program at KW MAPS. “At the core of every great business are great relationships, Gary Keller, the co-founder and executive chairman of Keller Williams , said in a statement.

Training 236
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Canada housing market set to gain as real estate investors pull billions out of US

Mortgagebroker News

Experts say reduced US real estate spending could revive Canada's sluggish property sectors

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Compass grew virtually every metric that matters in Q1

Inman

Despite a slower housing market, the brokerage's revenue grew 28.7 percent year over year in the first quarter while transactions rose 27.8 percent.

Brokerage 156
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Montreal home sales jump despite wider national cooldown

Mortgagebroker News

Other major cities are seeing sales slide – but Montreal posted strong numbers for April

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The Real Brokerage adds agents, trims losses in ‘sluggish’ Q1 market

Inman

The cloud-based brokerage lifted agent count 11 percent between the end of December and March, according to quarterly earnings data released Thursday. Real now boasts over 27,000 agents.

Brokerage 147
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Trade war fallout: Canada's housing market tips in buyers' favour

Mortgagebroker News

Weaker demand and rising listings push prices down in major cities like Toronto and Vancouver

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Rocket says it could close Redfin acquisition as soon as this quarter

Inman

Home loan giant boosts Q1 mortgage production by 7 percent, to $21.6 billion, says Redfin and Mr. Cooper acquisitions remain on track to close this year.

Mortgage 143
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How to transform your mortgage business through technology

Mortgagebroker News

Top mortgage tech execs discuss key growth strategies

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Realtor.com parent Move raises quarterly revenue amid headwinds

Inman

Move Inc. grew revenue for the second-consecutive quarter, despite declines in lead volume and suppressed web and mobile traffic at Realtor.com, earnings data released Thursday shows.

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Canada's housing market is cooling rapidly – but don't expect a meltdown

Mortgagebroker News

Fall in prices and slower activity could present a solid buying window

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Clear Capital Launches Data Solutions Business ‘PropertyNova’ with Property Data, and ClearAVM™ and HDI Bulk Files

Clear Capital

Rooted in an understanding of precision, quality and risk, Clear Capital delivers nationwide property data on a bulk scale across the real estate ecosystem Reno, NV May 8, 2025 Clear Capital , the national real estate analytics, data solutions and valuation technology company, today announced the launch of its data solutions business, PropertyNova.

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Illinois bill seeks to make Clear Cooperation into law

Inman

If passed into law, HB 3452 would require brokerages to market properties for sale on public platforms within one calendar day of entering into an agreement with a seller, unless the seller signed a disclosure and an opt-out form.

Law 131