Tue.Apr 22, 2025

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Baby boomers and millennials are playing a housing crisis blame game

Housing Wire

When assessing the landscape of housing affordability today, conversations between members of the millennial and baby boomer generations can often devolve into finger pointing over which of them is to blame for the high costs of housing. New survey data from Clever Real Estate indicates that while the blame game continues, 31% of respondents blame millennials for affordability woes compared to 27% who blame boomers.

Inventory 369
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Weak does NOT describe the high-end market

Sacramento Appraisal Blog

The housing market has some of the worst sales numbers we’ve ever seen, but that’s not the vibe at the very highest prices. Today, I want to talk about the strength we’re seeing in the luxury market in Sacramento, and I’d love to hear from others around the country. Are you seeing a similar dynamic? […] The post Weak does NOT describe the high-end market first appeared on Sacramento Appraisal Blog.

Marketing 291
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FOA debuts new marketing campaign tying home equity to life’s ‘next chapter’

Housing Wire

As it aims to appeal to potential clients who may be taking a closer look at tapping into home equity , reverse mortgage lender Finance of America (FOA) has debuted a new marketing campaign in concert with its new creative agency to illustrate the lifestyle impacts of its products. The campaign, called A Better Way with FOA, is being referred to as a new brand platform by the company.

Marketing 325
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Fannie Mae: Home Prices Continued to Steadily Climb in Q1

Appraisal Buzz

Single-family home prices increased 1.4% in the first quarter compared with the second quarter and were up 5.2% compared with the first quarter of 2024, according to Fannie Maes home price index. The pace of home price growth has been fairly steady during the past year, the firm says, but is expected to moderate in 2025 and 2026. In 2024, national home price growth reached 5.8%.

Design 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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New brokerage disclosure forms aim to comply with NAR’s Clear Cooperation alternative

Housing Wire

As MLSs across the country work to implement the National Association of Realtors (NAR) Multiple Listing Options for Sellers (MLOS) policy, brokerages and some Realtor associations are busy creating the new disclosures needed for delayed marketing exempt listings. Over the weekend, Compass ‘s new Addendum to Listing Agreement form began to circulate on social media alongside the seller advisory form debuted last week by eXp Realty.

Brokerage 271

More Trending

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11 DIY real estate photography tips every agent should know

Housing Wire

Lets be honest real estate photography may be the most important piece of selling a listing. As buyers scroll through dozens of homes online, your photos will be the reason they stop scrolling and start exploring. That spark of interest is what will lead them to schedule a showing and ultimately make an offer. The good news is that you dont have to be a professional photographer or even hire one to capture amazing listing photos.

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Concessions surge as homesellers offer sweeter deals in sour markets

Inman

In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin.

Marketing 156
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Confused by the CCP debate? Here’s what to know

Housing Wire

The National Association of Realtors (NAR) Clear Cooperation Policy (CCP), implemented in 2020, is the source of much debate within the real estate industry. The policy was a response to a proliferation of pocket listings and a rapid decline in housing inventory on the MLS, despite a large number of transactions still occurring. It got so bad that I could be walking through the grocery store and whisper that I had a listing coming up and all of a sudden five people would run over because they kn

Brokerage 240
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5 ways to reset systems, scale with ease, future-proof your business

Inman

Shift your business out of survival mode when you adopt a CEO mindset, implement smart processes and procedures, and scale with the future in mind, broker Jessica Souza writes.

Business 154
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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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Pennymac’s profits shrink, but its servicing portfolio now stands at a massive $680B

Housing Wire

PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $76.3 million for the first quarter of 2025 after it posted revenue of $430.9 million. These numbers were down from the previous quarter’s figures of $104.5 million and $470.1 million, respectively. The California-based lender’s pretax income was $104.2 million, which was down from $129.4 million in Q4 2024 but up from $43.9 million in Q1 2024. “PennyMac Financial delivered solid first quarter financial r

Mortgage 248
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5 Instagram Reel ideas to grow your real estate brand, business

Inman

Focus on being helpful, real and a little bit creative in your social media content, Kate Hulbert writes, and the engagement (and leads) will follow.

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Severance on the high seas: First American CEO to receive fat payout following cruise ship assault charge

Housing Wire

An illustration of the Virgin Voyages cruise ship in the Caribbean with piles of money surrounding it. (Image created with ChatGPT4o) Ken DeGiorgio, former CEO of First American Financial Corp. , will collect a hefty payout following his termination from the title insurance giant, according to a shareholder report filed with the U.S. Securities and Exchange Commission.

Insurance 206
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CRMLS says ‘no thanks’ to delayed marketing option

Real Estate News

The MLS contends that the policy offers no benefits to consumers and was created to placate the powerful, national brokerages that oppose Clear Cooperation.

Brokerage 191
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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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LA agent caught smuggling 164 pounds of cocaine in Chicago

Inman

Jerome Nalbandian was caught toting four roller bags stuffed with 164 pounds of suspected cocaine through Chicago's Union Station. Cook County Circuit Court Judge Deidre Dyer commented, "Wow. That's a lot.

Agents 186
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How consolidation is shaping the real estate landscape

Real Estate News

Big firms are increasingly absorbing smaller ones, but it's still a relatively fragmented industry which presents both opportunities and challenges.

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Biggest MLS in the nation rejects NAR ‘Delayed Marketing’ policy

Inman

California Regional MLS said in a statement that the new Multiple Listing Options for Sellers policy, which NAR states is mandatory, was created to "placate" complaining brokerages.

Sellers 165
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Home equity will stay tax-free in Conservative government, Poilievre promises retirees

Mortgagebroker News

Liberals say claims they would introduce home equity tax are 'false'

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Ex-First American CEO entitled to $18M following cruise ship brawl

Inman

First American Financial Corp. terminated CEO Kenneth DeGiorgio "without cause" on April 10 after authorities charged the title insurance veteran with misdemeanor assault aboard a cruise.

Insurance 114
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Canada's housing market recovery now set to take longer than expected

Mortgagebroker News

Uptick in activity will be gradual, and profitability strained as builders wait out slowdown, says Morningstar DBRS

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Referral Flow helps Ninjas network

Inman

Developed by Joseph Chiavatti, what started as a side hustle in between closings and open houses is now called Referral Flow, and its now Ninja Sellings official peer networking solution.

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Healthcare Hacks That Could Save You Thousands on the Journey to FIRE

BiggerPockets

Wealth and health are closely intertwined, especially here in the US, where the high cost of healthcare can put significant financial pressure on families.

68
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Sale notices go out to Remine’s creditors, MLSs

Inman

Any responses or objections to the $1.5 million deal must be filed with Delaware's Chancery Court on or before May 1.

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Canadian housing outlook facing a triple threat: Costs, trade, and labour

Mortgagebroker News

'We're in one right now': Industry CEO on the storm facing homebuilders

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CHLA urges congressional restraint on mortgage fees in budget bill

Housing Wire

Lawmakers in Congress are about to embark on deliberations that will shape government spending, aiming to balance political priorities with the realities of narrow Republican majorities in the House of Representatives and the Senate. But if any conversation turns to imposing larger fees on homeownership transactions, they should be handily rejected.

Mortgage 200
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Lending risks and tariffs are taking their toll on Canada's financial sector

Mortgagebroker News

Some banks downgraded as credit quality deteriorates and tariffs disrupt confidence

Lending 48
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FHFA Establishes Mortgage Fraud Tip Line and is Exploring Ways to ‘Recall’ Fraudulent Loans

Appraisal Buzz

The Federal Housing Finance Agency (FHFA), regulator of government-sponsored enterprises Fannie Mae and Freddie Mac, has established a tip line where anyone and everyone can submit tips on anyone fraudulently filling out mortgage apps, Bill Pulte, director of the agency, announced recently on X. We have been getting some amazing tips, Pulte says in a follow-up post yesterday.

Mortgage 195
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Better Mortgage partners with NEO Home Loans to transform “local” mortgage lending

Housing Wire

Today’s mortgage lending environment is shifting rapidly. Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. Meanwhile, affordability is becoming a dream for many borrowers. Also, lenders feel the impact of high rates, as they struggle to find the right clients. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals.

Lending 362
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Class Valuation Adds Industry Veterans Jim Bannister and Scott Shaw to its Sales Leadership

Appraisal Buzz

Jim Bannister and Scott Shaw have joined appraisal management company (AMC) Class Valuation as senior sales executives. Together, Bannister and Shaw have more than 45 years of combined experience in mortgage lending, financial services and technology. Bannister is a seasoned mortgage lending sales executive with more than 20 years of experience helping lenders and servicers achieve their strategic goals.

Valuation 195
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Spring selling: Lenders must rethink strategies to keep homeownership within reach

Housing Wire

Spring marks the peak season for the U.S. housing market, with more listings hitting the market and warmer weather making it easier for buyers to tour homes and explore their options. Traditionally, this season brings a surge in purchase activityand in 2025, that trend is especially important for lenders to watch closely against the backdrop of a high-interest rate environment.

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Listings are quietly ‘commingling’ on Zillow again after 4-year hiatus

Inman

In most markets, the portal has resumed displaying non-MLS listings alongside other properties in spite of NAR's no-commingling rule, the policy behind a lawsuit between Zillow and REX in 2021.

Marketing 173
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Class Valuation adds two senior sales executives

Housing Wire

Class Valuation has expanded its national sales team with the hirings of Jim Bannister and Scott Shaw as senior executives, the company announced Tuesday. The duo brings more than 45 years of combined experience in mortgage lending, financial services and financial technology to Class Valuation , an appraisal management company that is continuing to grow its leadership ranks.

Valuation 315