Housing Wire
MAY 19, 2025
A new report on real estate agent and brokerage performance in the first quarter of 2025 shows that agent movement accelerated dramatically in opening months of the year. The research was conducted by Recruiting Insight in collaboration with BoldTrail Recruit and My BFF Social. It tracked thousands of agent movements across brokerage models and markets.
Appraisal Buzz
MAY 19, 2025
This short article raises issues related to what constitutes or defines a comparable sale. While it may seem arrogant to take on a topic of this import, it is necessary, since there is not currently a formal definition. There are descriptions of what a comparable sale is. But there is no formal, universally recognized definition. However, does there need to be?
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Housing Wire
MAY 19, 2025
Can you put a price tag on good vibes? In the rarified world of Los Angeles real estate, the answer is a resounding yes. Its how Claire and Sam OConnor, two sisters who founded the OConnor Estates team in Pacific Palisades, built their mini real estate empire. They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit.
Appraisal Buzz
MAY 19, 2025
A total of 36,033 properties saw foreclosure filings default notices, scheduled auctions or bank repossessions in April, up 0.4% compared with March and up 13.9% compared withApril 2024, according to ATTOMs latest U.S. Foreclosure Market Report. Lenders repossessed 3,580 properties through completed foreclosures (REOs) in April, down 2.9% compared with the previous month but up 23.3% compared with a year ago.
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Housing Wire
MAY 19, 2025
With stockholders set to vote on Rocket Companies acquisition of Redfin on June 4, stockholder Jason Moranos lawsuit relating to the deal has had to move quickly. Filed in early May, the lawsuit accuses Rocket , Redfin and its board of directors of violating both the federal securities law and Delaware fiduciary duty statutes in negotiating Rockets acquisition of Redfin, by fiing a misleading and incomplete proxy statement with the Securities and Exchange Commission (SEC) in order to persuade sh
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 19, 2025
Adjustable-rate mortgages ( ARMs ) have grown in popularity in recent months as borrowers search for affordability relief anywhere they can find it. With rates in the high-6% range on 30-year fixed products, borrowers are increasingly turning to 7/1 ARM products , said Mike Fratantoni , chief economist for the Mortgage Bankers Association , during the trade group’s Secondary & Capital Markets Conference on Monday in New York City.
Appraisal Buzz
MAY 19, 2025
Mortgage lenders saw a pre-tax net loss of $28 on each loan they originated in the first quarter, down from a net loss of $40 per loan in the fourth quarter, according to the Mortgage Bankers Associations (MBA) Quarterly Mortgage Bankers Performance Report. Production profitability was close to break-even in the first quarter of 2025 despite a decline in volume and an increase in production expenses, says Marina Walsh, CMB, Vice President of Industry Analysis for the MBA, in a statement.
Housing Wire
MAY 19, 2025
HousingWire recently sat down with Erin Wester, Optimal Blues chief product officer and a 2024 HousingWire Women of Influence honoree, to discuss how lenders can simplify capital markets operations and improve profitability with the right technology partner. Sarah Wheeler: Capital markets is often viewed as the most complex part of mortgage lending.
Real Estate News
MAY 19, 2025
After weeks of relative stability, the 30-year fixed-rate mortgage surged as treasury yields rose on the heels of the May 16 announcement.
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.
Housing Wire
MAY 19, 2025
To start things off, I have an announcement to make, today will be my last weekly article for Altos Research. I founded Altos nearly 20 years ago to bring a new level of analytics and data to the housing market. Two and a half years ago, Altos was acquired by HousingWire , and its been tremendously beneficial for both companies. Im now stepping out of the day-to-day operations and handing off to the incredible team at HousingWire, led by my good friend Clayton Collins.
George Dell
MAY 19, 2025
From UAD to AVM: How GSEs Are Undermining Appraisal Integrity and Risking Another Housing Crisis is a Guest Post from John Fariss, MNAA, CAA. All opinions expressed are those of the author, John Fariss, MNAA, CAA, and not necessarily those of George Dell, or his staff. How the GSEs Are Undermining Appraisal Integrity and Risking […] The post From UAD to AVM?
Housing Wire
MAY 19, 2025
Christies International Real Estate has named Gavin Swartzman as its new president, the company confirmed to Inman. The appointment was reportedly announced internally earlier this month at the firms annual conference in New York. Swartzman is set to begin his new role in June. He will oversee global strategy and expansion for the luxury real estate network which includes more than 100 member firms across 50 countries and territories.
Real Estate News
MAY 19, 2025
The former CEO of Peerage Realty Partners will guide the luxury brands global expansion efforts.
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Housing Wire
MAY 19, 2025
Pacific Sothebys International Realty has appointed Martha Mosier as its new president, the brokerage announced Monday. Mosier a longtime figure in southern Californias real estate industry previously served as president and general counsel at Berkshire Hathaway HomeServices California Properties , where she held executive roles since 2008. She brings a background in law and a history of leadership in real estate operations, growth strategy, and regulatory affairs.
Inman
MAY 19, 2025
Real estate agents are increasingly turning to advanced tech, like AI automation and data integration, to market faster, smarter and better.
Housing Wire
MAY 19, 2025
When looking at the fastest-growing state populations for residents 60 and older, Colorado is not at the top of the list, but its close. Outstripped only by Alaska and Wyoming , respectively, Colorado and Oregon have seen their shares of older residents increase by 1.9% between 2013 and 2023. This has led some state residents to a reckoning point about what to do with their housing situations, according to a profile published this week in the Colorado Sun newspaper.
Inman
MAY 19, 2025
Who better to help you improve your AI output than an AI? Bernice Ross talks with ChatGPT to find out what works best for optimal performance.
Housing Wire
MAY 19, 2025
In November, Chicago-based mortgage lender Rate formerly known as Guaranteed Rate announced that it was revamping its dedicated reverse mortgage division by appointing two longtime industry veterans to lead its efforts with older borrowers. Industry veteran Jesse Allen, formerly of OneTrust Home Loans and American Advisors Group (AAG) is now leading the division as its new president.
Inman
MAY 19, 2025
The Jersey City new development and brownstone expert was most recently affiliated with Coldwell Banker Realty. In the past year, he's closed nearly $200 million in sales volume.
Housing Wire
MAY 19, 2025
John Williams, the president of the Federal Reserve Bank of New York , acknowledged a deterioration in business and consumer sentiment due to uncertainty tied to trade and fiscal policies although this has not yet shown up in the hard data. As a result, he expects the U.S. economy to slow this year. According to Williams, the first quarter of 2025 was unusual due to enormous movements related to trade, as consumers and businesses ramped up imports in anticipation of higher tariffs.
Real Estate News
MAY 19, 2025
The former NFL player and state representative will be tackling housing issues with a significantly smaller budget and looking to the private sector for help.
Housing Wire
MAY 19, 2025
Following the stalled progress of two specific housing bills in the states legislature, the governor of Vermont Phil Scott (R) urged the legislature to act more swiftly in addressing the states housing issues. Vermont currently operates with divided government: while the governors mansion is inhabited by a Republican, both houses of the legislature maintain Democratic majorities.
Inman
MAY 19, 2025
Kirsten Childress alleged she was drugged and sexually assaulted following a private event during eXp Shareholder Summit in May 2023. She is the sixth woman to make similar allegations in court.
Housing Wire
MAY 19, 2025
Servant leadership is more than a lazy LinkedIn buzzword cooked up by corporate PR teams. Its a crucial reason why new school brokerages like The Agency and Real outsold Keller Williams last year. If you want to scale your team or brokerage in 2025, lead by example, or get left behind. Not convinced? Mauricio Umanasky, founder and CEO of The Agency, the second fastest growing brokerage in the country in 2024 according to RealTrends, is still taking listings.
Inman
MAY 19, 2025
Keller Williams VP of Strategic Content Jay Papasan has penned a new, 18-chapter book outlining how new agents can build a lasting sales career. The book is available for pre-sale and will officially debut in September.
Housing Wire
MAY 19, 2025
The mortgage servicing industry faces significant challenges in managing cash flows efficiently. In real terms, the crux of the problem isnt so much inefficiencies as it is transparency into the extent of the problem in investor accounting, what you dont know can hurt you. Lenders, investors, and borrowers are all impacted by this lack of transparency as it often results in delayed transactions, increased financial risks, and compliance challenges.
Valuation Review
MAY 19, 2025
A new Restb.ai white paper analyzes more than 1,200 real estate appraisals to reveal over $27 billion in potential hidden financial risk. This risk is tied to flawed property condition and quality adjustments – exposing a major blind spot in the real estate and mortgage ecosystem.
Housing Wire
MAY 19, 2025
Non-QM (Non-Qualified Mortgage) lending has become essential to todays mortgage landscape, providing solutions for creditworthy borrowers who fall outside traditional lending criteria. Gregory Tsang is the Chief Executive Officer and co-founder of eRESI , a Non-QM correspondent whole loan investor offering both Delegated and Non-Delegated options. Co-founded in 2019 alongside President Tim Wang, eRESI was created to deliver consistent, long-term capital to support the growing Non-QM market.
Eyes on Housing
MAY 19, 2025
NAHBs analysis ofCensus Data from the Quarterly Starts and Completions by Purpose and Designsurvey indicates flat year-over year growth for custom home builders. The custom building market is less sensitive to the interest rate cycle than other forms of home building but is more sensitive to changes in household wealth and stock prices. There were.
Housing Wire
MAY 19, 2025
New York-based real estate brokerage SERHANT. has added one of New Jersey’s top-performing agents Patrick Southern as part of its expansion into the Garden State. Southern, who has been the leading individual agent in Hudson County, N.J., for more than a decade, joins the firm after closing nearly $200 million in real estate transactions in the past year alone.
Appraisal Buzz
MAY 19, 2025
Secondary marketing software firm Optimal Blue reports that its AI assistant, Ask Obi, is now generally available to all product & pricing engine (PPE) clients. The AI-powered assistant is designed to help mortgage lending executives extract real-time insights from across Optimal Blues capital markets platform. Refined through beta testing with select clients, Ask Obi provides executives with fast answers to complex profitability questions at no additional cost.
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