Thu.May 22, 2025

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With more inventory, where are home prices headed?

Housing Wire

Last year, I predicted a national home-price increase of 2.33%. While that forecast was lower than most others, it seemed achievable due to higher mortgage rates and increased inventory. I was wrong and too low for 2024. This year, my prediction is even lower at 1.77% national home-price growth. So far this year, the existing home price index has been higher than my forecast level every month.

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Inventory is up — but high rates continue to drag on the market

Real Estate News

Existing home sales slid in April and the return of 7% mortgage rates isnt helping the depressed spring buying season.

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NAF opens Black homeownership advocacy program to real estate agents

Housing Wire

New American Funding (NAF) announced that it’s expanding its Housing Advocate Certification (HAC) program to real estate professionals nationwide. Originally developed and launched internally through its NAF Black Impact initiative, the HAC program has trained more than 1,000 company employees, NAF said. Now the mortgage lender is inviting external real estate agents and brokerages to take advantage of the program.

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Anywhere ready to seize this ‘growth moment’

Real Estate News

Leaders of the company's owned and franchise brands sat down this week to discuss expansion opportunities and how women are leading the way.

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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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Texas bill seeks more commercial-to-residential conversions to boost housing supply

Housing Wire

As the housing crisis manifests in different ways across various states, lawmakers in Texas recently approved a bill that would allow for more conversions of commercial buildings into residential units to bolster housing supply and reduce costs. The Texas House of Representatives gave its approval to S.B 840 , which relates to certain mixed-use and multifamily residential development projects and conversion of certain commercial buildings to mixed-use and multifamily residential occupancy, accor

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Home prices expected to dip as supply and demand collide

Housing Wire

U.S. home prices are projected to flatten in the third quarter and decline 1% year over year by the fourth quarter of 2025, according to a new report from Redfin. The company also expects mortgage rates to remain elevated near 7% through the end of the year. This marks a sharp reversal from more than a decade of mostly rising prices. Except for a brief dip in 2023, home prices have increased on a yearly basis since 2012, driven by a prolonged sellers market.

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Mortgage Rates Edge Up Again But 30-Year Still Below 7 Percent

Appraisal Buzz

Mortgage rates edged up for a second week, as the average rate for a 30-year fixed-rate mortgage reached 6.86%, up from 6.81% last week, according to Freddie Macs Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 6.94%. Mortgage rates inched up this week but continue to remain lower than one year ago, says Sam Khater, chief economist for Freddie Mac, in a statement.

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An Iowa county is taking action to support aging in place

Housing Wire

The preferences that older adults have to remain in their homes as they age is well documented, but institutional support for aging in place can be difficult to find. In Iowa ‘s most populous county, that support has arrived. Polk County, which encompasses the states capital and largest city, Des Moines, and is home to more than 500,000 people announced this week the rollout of a dedicated program that’s designed to help older residents age in place.

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Guaranteed Rate Affinity Announces Two Key Hires

Appraisal Buzz

Dino Guadagnino has joined Guaranteed Rate Affinity as regional vice president of reverse mortgages. In addition, Kevin Dilday has returned to the company as area sales manager for the Mid-Atlantic region. Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Anywhere Integrated Services that has funded more than $100 billion in loans since its inception.

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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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Bringing origination and servicing together with AI 

Housing Wire

The mortgage industry has undergone significant changes over the past few decades. One of the most notable has been the separation of origination from servicing. This decoupling was initially driven by the desire for greater efficiency, specialization and the need to respond to growing regulatory and market pressures. However, recent technological advances, especially in artificial intelligence (AI), are prompting many in the industry to reconsider this dividing wall.

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People on the Move: CMLS leader to step down; Compass adds M&A exec

Real Estate News

CMLSs longtime CEO prepares to depart; Latter & Blum CEO to lead M&A at Compass; Lofty taps ex-Zillow exec as enterprise sales VP; Rechat adds growth leader.

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Narrative collapse: Ethics, antitrust, and the real estate reckoning

Housing Wire

The American real estate industry is collapsing under the weight of its own unresolved contradictions. With a housing market now showing unmistakable signs of sustained decline plummeting affordability, rising rates, historic commission lawsuits, and consumer disillusionmentthere is no bailout coming this time. The lessons of 2008 have not prevented history from rhyming.

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Redfin to start listings enforcement in September

Real Estate News

The announcement comes days after Zillow said it will begin banning listings that are publicly marked but off the MLS at the end of June.

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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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Housing initiatives in New Hampshire appear stalled by politics

Housing Wire

Politics is often described as the art of the possible , but even when elected officials can agree there is a problem, it may not be enough to unite on a solution. This situation appears to be playing out in the state of New Hampshire , according to local reporting. The New Hampshire Legislature is known as the General Court, consisting of a House of Representatives and Senate.

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Existing Home Sales Fall in April

Eyes on Housing

Despite the brief retreat in mortgage rates and increased supply, existing home sales dropped to 7-month low in April, according to the National Association of Realtors (NAR). This unexpected decline suggests buyers’ activity continues to be constrained by economic uncertainty and ongoing affordability challenges even with improved market conditions.

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Pennsylvania lawmakers target protections against deed fraud

Housing Wire

Amid a growing wave of real estate thefts that involve fraudulent property transfers, a bipartisan pair of Pennsylvania lawmakers are pushing for new legal protections the state’s homeowners. Reps. Chris Rabb (D) and Tim Bonner (R) have introduced H.B. 1406 to crack down on deed fraud a crime they say is being exploited due to the states lack of specific laws targeting such offenses.

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The feast-or-famine trap: How to take control of your finances

Inman

Your commissions represent much more than a paycheck, financial planner Amanda Neely writes. They're the fuel for your business, your personal financial stability and your future security.

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Denee Evans to step down as CMLS CEO at the end of the year

Housing Wire

The MLS industry’s trade group, the Council of Multiple Listing Services ( CMLS ) is looking for a new CEO. On Thursday, the trade group announced that longtime CEO Denee Evans is stepping down at the end of this year. Evans is staying in her role through December 2025 to ensure a seamless and collaborative transition, according to CMLS. Leading CMLS has been the honor of a lifetime, Evans said in a statement.

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How to motivate your real estate team for high achievement

Inman

Lead by example and reward the activities that get results to increase your team's positive culture and reduce churn, coach Verl Workman writes.

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MetroList introduces voice-controlled property data app

Housing Wire

MetroList , the largest MLS in Northern California , has rolled out a new “add/edit” voice-controlled app for real estate agents to collect and input property data directly from the field. The app, developed in partnership with real estate technology company Lundy Inc. allows agents to speak property details aloud while walking through homes, with the software automatically populating the appropriate listing fields.

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Lead With Fire: Weave passion with purpose for a fulfilling business

Inman

When passion and purpose align, you become unstoppable. Find out how to cultivate the combination in this new series from Debra Trappen.

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Manhattan Institute opposes NAR commission lawsuit settlement

Housing Wire

The Manhattan Institute (MI) is the latest organization to take issue with the National Association of Realtors (NAR) commission lawsuit settlement agreement. On Thursday, MI asked the Eighth Circuit Court of Appeals if it could file an amicus curiae brief in the appeal of the final approval of NARs settlement. The institute describes itself as a nonpartisan public policy research foundation committed to advancing the principles of limited government, free enterprise, and the rule of law.

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Income Growth Helps Mute Existing Affordability Constraints

Eyes on Housing

Despite solid income gains and lower home prices, Americans still continue to face major housing affordability challenges, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI). The CHI results from the first quarter of 2025 show that a family earning the nations median income of.

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Legacy Group Capital secures $180M from LibreMax Capital

Housing Wire

Legacy Group Capital on Thursday announced its first institutional capital partnership with LibreMax Capital LLC , an $11.8 billion asset management firm that specializes in securitized products and asset-backed finance. The deal involves an 18-month revolving period during which principal payoffs can be reinvested to originate new loans, creating a projected $400 million in additional funding capacity.

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New 2025 & 2026 Rent Growth Prediction (A BIG Bounce Back?)

BiggerPockets

Rent growth has slowed significantly since the massive hikes of 2020-2023, but could we be close to another major rebound?

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Rechat hires Audie Chamberlain to lead strategic growth

Housing Wire

Rechat a real estate software company focused on artificial intelligence (AI)-powered tools for brokerages and agents has named marketing and property technology veteran Audie Chamberlain as head of strategic growth and communications. Chamberlain joins the leadership team as Rechat continues to expand its user base and product adoption. The company currently serves more than 16,000 users including major brokerages like Douglas Elliman , Carolina One Real Estate and several Sothebys Internati

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How to Create Forms on iPhone: A Step-by-Step Guide

GoForrmz

In todays mobile-first world, filling out forms doesnt require a computer or desk. Whether managing job site checklists, conducting inspections, or collecting field data, the GoFormz app makes it easy to create, complete, and share forms directly from your iPhone. In this guide, well walk you through how to create forms on an iPhone using GoFormz, a powerful mobile form builder, with full offline functionality.

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HomeServices of America again tops the RealTrends Core Services rankings

Housing Wire

While real estate brokerages are known for helping consumers buy and sell homes, many also choose to offer core services such as mortgage lending , title insurance and home warranties. Ultimately, the real estate transaction is one of the most emotional and exciting times for a buyer or seller, but it is also an incredibly complex process and there are a lot of moving parts, with a lot of different team members that have to come together in order to get to a successful closing, said Chris Kelly

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Half of Canadians unprepared for wealth transfer

Mortgagebroker News

Many are missing a critical financial safeguard, study shows

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Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage

Housing Wire

Mike Kent is a busy man. Hes been a key figure at Onity Group s Liberty Reverse Mortgage for most of the past decade. He’s also served as co-chair of the National Reverse Mortgage Lenders Association (NRMLA) since 2019, and he now serves as senior vice president of reverse asset management and industry relations for Liberty and PHH Mortgage Corp.

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Redfin says it will begin banning listings in September

Inman

Redfin will begin banning listings that aren't added to the multiple listing service (MLS) within 24 hours of being publicly marketed in September. The announcement comes two days after Zillow Group shared its ban timeline.

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