Wed.May 14, 2025

article thumbnail

FHA/VA purchase mortgage demand up 40% annually

Housing Wire

Mortgage applications increased 1.1% from one week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending May 9, 2025. On an unadjusted basis, the index increased 1% compared with the previous week. The seasonally adjusted purchase index was a bright spot this week, increasing 2% from one week earlier.

Mortgage 359
article thumbnail

It’s been a long time since we’ve seen housing stats like this

Sacramento Appraisal Blog

This hasn’t happened in a long time. Price stats are barely up from one year ago. Over the past few months, prices have really flattened, and we’ve started to feel all the extra listings out there. Some smaller counties are even starting to get negative price readings. Let’s talk about it. UPCOMING SPEAKING GIGS: 5/21/25 […] The post Its been a long time since weve seen housing stats like this first appeared on Sacramento Appraisal Blog.

Appraisal 408
Insiders

Sign Up for our Newsletter

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

article thumbnail

Do private listings sell for less than those publicly marketed?

Housing Wire

In the ongoing debate over NAR’s Clear Cooperation Policy , one question looms large: who really benefits when a single agent or brokerage represents both sides of a real estate transaction? Many private listings ended up being double-ended deals. Proponents of exclusive listings argue that consumers gain a streamlined process and increased privacy.

Marketing 361
article thumbnail

StreetEasy: NYC sellers express ‘remorse’ after listing privately

Real Estate News

A survey by the Zillow subsidiary found that most sellers support broad listing access, and those who listed off the MLS were more likely to regret their sale.

Sellers 297
article thumbnail

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.

article thumbnail

Final Offer looks to the future by providing options for consumers

Housing Wire

After the $418 million Realtor commission lawsuit settlement terms were inked about a year ago, executives at Final Offer worked feverishly to tweak a product that promised transparency and flexibility for sellers, buyers and their agents. They fully expected the National Association of Realtors’ business practice changes to alter the way that sellers and buyers transacted.

Agents 308

More Trending

article thumbnail

Bright MLS, Central Virginia Regional MLS finalize data integration

Housing Wire

Central Virginia Regional Multiple Listing Service (CVR MLS) and Bright MLS have finalized a data sharing agreement that integrates real estate listings across a multistate region, the organizations announced Wednesday. The collaboration allows agents and brokers from both MLSs to access current and historical property data across central Virginia and six other states improving cross-market visibility and streamlining services for clients.

article thumbnail

HomeServices CEO: Ignore the noise, focus on winning clients

Real Estate News

Chris Kelly said a recent New York Times podcast painted an inaccurate picture of agents, and he believes consumers are much more concerned about closing deals.

Clients 240
article thumbnail

UWM unveils suite of AI-powered solutions ahead of flagship event

Housing Wire

On Wednesday, United Wholesale Mortgage (UWM) launched a new suite of six artificial intelligence -powered tools built specifically for independent mortgage brokers. The tools, announced ahead of the company’s fourth annual UWM LIVE! event, are designed to simplify mortgage broker workflows, enhance client relationships and allow them to scale their businesses faster.

article thumbnail

A New Era for Appraisals: Understanding the New URAR

Appraisal Buzz

In this episode, Jim, Hal, and special guest Jared Preisler dive into the brand-new URAR and what it means for appraisers. From market analysis to the sales comparison approach, we’re breaking down how appraisals are evolving (and why it’s not as scary as it sounds). Plus, hear all about the exciting post-event CE opportunities at Valuation Expo, in partnership with the Appraisal Institute.

Appraisal 195
article thumbnail

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.

article thumbnail

CMLS appoints Rene Galicia as its new COO

Housing Wire

As multiple listing services (MLS) across the country grapple with a variety of challenges, the industrys trade group, the Council of MLSs (CMLS) is looking to a new chief operating officer to help it navigate choppy waters. On Wednesday, CMLS announced the appointment of Rene Galicia as its new COO. Galicia will start next Monday, May 19. He has been a board member at CMLS since the start of the year.

Training 359
article thumbnail

Mortgage Applications Up Slightly Last Week as Rates Remained Stable

Appraisal Buzz

Mortgage application volume increased 1.1% during the week ended May 9, according to the Mortgage Bankers Associations (MBA) Weekly Applications Survey. Mortgage rates were stable during the week: The average rate for a 30-year fixed-rate mortgage was 6.86%, up slightly from 6.84% the previous week. Applications for refinances decreased 0.4% compared with the previous week but were up 44% compared with the same week one year ago.

Mortgage 195
article thumbnail

ARIVE locks up another partnership, this time with Union Home Mortgage

Housing Wire

Ohio-based Union Home Mortgage (UHM) on Wednesday announced a partnership with ARIVE , a lending software platform built specifically for independent mortgage professionals. With ARIVE, UHM brokers will be able to originate from anywhere, issue preapprovals, manage leads, access products and pricing, and more. The partnership will also connect UHM to a network of users and loan officers who source mortgage offers from multiple wholesale lenders. “We are so excited to be part of the ARIVE p

Mortgage 340
article thumbnail

Finding Financial Freedom: How Amy Berry drives wealth for women

Inman

Melanie Klein profiles Amy Berry, who empowered herself and her family through the power of real estate investing.

article thumbnail

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.

article thumbnail

Americans are living longer — but they aren’t prepared for retirement impacts

Housing Wire

While on its face it represents positive momentum for health in the U.S., rising life expectancy also comes with a key financial concern longevity risk, or the potential for someone to outlive their retirement savings. This is a key challenge that many prospective retirees may not be ready for. This is according to research published this month and conducted jointly by the Nationwide Retirement Institute and the American College of Financial Services.

Design 318
article thumbnail

10 conversation starters and scripts to win sellers this spring

Inman

Great conversations, writes coach Annette DeCicco, start by providing sellers information and choices so that they can confidently make decisions. Study up. Practice your lines. Every expert does.

Sellers 158
article thumbnail

BOK Financial launches mortgage finance line of business

Housing Wire

BOK Financial recently announced the launch of its new mortgage finance line of business, a new vertical dedicated to meeting the credit needs of nonbank mortgage originators across the country. As a top 10 dealer of mortgage-backed securities that offers trading liquidity to more than 500 counterparties, BOK Financial has supported its client base for more than two decades.

Finance 206
article thumbnail

13 tasks real estate agents can delegate to technology (beyond AI)

Inman

From lead nurturing to mileage tracking, broker Holly Brink helps you lighten your admin load and reclaim your time by handing rote tasks off to tech.

article thumbnail

Court says Berkshire Hathaway Energy, Crye-Leike cannot move Gibson suit

Housing Wire

The two remaining home seller commission lawsuit defendants are facing another setback. Judge Stephen R. Bough ruled Monday that Berkshire Hathaway Energy (BHE), the parent company of Berkshire Hathaway HomeServices , and Crye-Leike will not be allowed to transfer the Gibson suit to their respective home states of Iowa and Tennessee. The Court holds that severing this case into multiple duplicative cases does not serve the interest of justice [or] judicial economy, Bough wrote.

Sellers 218
article thumbnail

Traverse City luxury condos poised to set new price threshold

Inman

The turnkey penthouses would be ideal for second-home buyers, developer Andrew McCarthy said. They will be completed in late summer 2025 and are asking $2.95 million and $3.25 million, respectively.

article thumbnail

Pivotal Moments: Women of Influence Reflect on the Turning Points That Shaped Their Leadership

Housing Wire

The path to leadership is rarely linear its shaped by decisions made in uncertainty, and challenges faced head-on. As part of HousingWires Women of Influence spotlight series to promote the award’s 2025 nomination period , we asked past honorees to look back on the key moments that most influenced their leadership journey. Their reflections span deeply personal experiences like navigating maternity leave to bold career leaps, mindset shifts, and redefining how they listen and lead in ti

Design 206
article thumbnail

GoFormz OCR: Populate Form Fields With Text Pulled From an Image

GoForrmz

Capture data faster and more accurately with image text detection Use OCR (Optical Character Recognition) to accelerate and simplify your data capture. Our Pull text from image functionality enables mobile form users to populate form fields with text pulled directly from an image. For example, if a GoFormz user uploaded a picture of their drivers license, their name, address, date of birth, and drivers license number could be pulled from the image and populated directly within corresponding form

article thumbnail

FOA president talks business progress amid strong Q1 earnings

Housing Wire

One of the nations leading reverse mortgage lenders, Finance of America (FOA), posted strong first-quarter 2025 earnings results. The company beat its estimates for funded loan volume, posted a profit and maintains a bullish outlook for the quarter ahead. Drilling down deeper into the marketing and product landscape for the company, FOA President Kristen Sieffert called the first quarter a pivotal moment as the company implements its operational and brand strategy.

Business 282
article thumbnail

What’s the best way to make agents (YOU) feel appreciated?

Inman

A word of gratitude? A special gift? An agent-centered event? What's the best way to make you feel appreciated as a real estate agent?

Agents 126
article thumbnail

Settlor adds CertifID fraud prevention to title production software

Housing Wire

Title technology provider Settlor has integrated CertifID s wire fraud prevention tools into its cloud-based title production software, the companies announced Wednesday. The move is intended to streamline security measures for real estate transactions by allowing users to access CertifID services directly within the Settlor platform. The integration allows Settlor users to verify wire instructions, protect payoffs and insure verified wires without switching to a separate application.

article thumbnail

Top 8 bogus or even deceptive things agents say to land a listing

Inman

With current listings well below average market numbers, some agents will say almost anything to land a listing. Team leader Carl Medford lists the top eight things listing agents might say or do to score a deal.

Agents 106
article thumbnail

14 lucrative jobs in real estate with high earning potential

Housing Wire

Is scrolling homes on Zillow a favorite pastime of yours? Do you subscribe to every real estate-related email newsletter? Do you watch every HGTV show? Is your ideal weekend spent going to open houses (even if you have no intention of buying)? Do you play (and win) the how much do you think this house costs game? If the answer to these questions is Yes!

article thumbnail

10 things you should absolutely not let AI do for you

Inman

If youre a real estate pro who leads with heart, hustle and actual human connection, Stacey Soleil shares the things you should handle yourself.

article thumbnail

Eight startups selected for NAR’s REACH tech program

Housing Wire

Second Century Ventures , the investment arm of the National Association of Realtors (NAR) has announced the eight startups selected for its 2025 REACH technology accelerator program. The annual initiative which aims to advance innovation in the real estate sector focuses on scaling companies that provide digital solutions for the residential and commercial real estate markets.

article thumbnail

Inman Connect San Diego welcomes Brian Buffini

Inman

The real estate coaching icon joins to share his proven referral-driven growth strategies. Learn from real estates best and brightest in the business, all while growing your network and meeting like-minded passionate and driven professional peers.

article thumbnail

MBA and NHC express support for housing provisions in GOP tax bill

Housing Wire

As the debate over tax reform continues to play out in Congress , housing organizations are lauding the housing provisions in the House of Representatives ‘ Ways and Means Committees current tax proposal. The National Housing Conference (NHC) praised the housing provisions included in the current draft of the bill through a statement from David Dworkin , its president and CEO.

article thumbnail

Permit Activity Declines in March 2025

Eyes on Housing

Permits continue a downhill trend for the third month in a row. Over the first three months of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached 232,221. On a year-over-year (YoY) basis, this is a decline of 3.8% over the March 2024 level of 241311. For multifamily, the total number of.