Housing Wire
JUNE 9, 2025
The U.S. housing market is experiencing its largest-ever imbalance between home sellers and buyers, with an estimated 1.9 million sellers compared to 1.5 million buyers as of April 2025, according to Redfin. That’s a 33.7% gap — or roughly 490,000 more sellers than buyers — and the widest margin recorded since Redfin’s data tracking began in 2013.
Appraisal Buzz
JUNE 9, 2025
What’s a comparable property? Or a “comp,” as we say more informally? Let me give you an example of an appraisal report I saw recently, which is why I’m asking this question: There are 65 comparable properties currently offered for sale in the subject’s neighborhood, ranging from a price of $330,000 to $5,400,000. The report also states that there are 44 comparable sales in the subject’s neighborhood within the past 12 months, ranging from $152,000 to $2.2 million.
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Housing Wire
JUNE 9, 2025
The 2025 U.S. housing market is flashing warning signs reminiscent of 2008: rising household debt burdens, persistent inflation and home prices that are outpacing incomes. Unlike the pre-2008 era, stricter lending standards and robust regulations have kept mortgage delinquency rates low, significantly lowering the odds of a catastrophic collapse. Yet, the growing share of income devoted to debt payments signals a need for heightened oversight and proactive measures to prevent financial strain fr
Appraisal Buzz
JUNE 9, 2025
U.S. home prices increased 1.4% in the three months ended in May and were up 4.2% compared with May 2024, according to the latest Home Data Index (HDI) Market Report from Clear Capital. Regionally, prices increased 1.8% in the Northeast, 0.8% in the South, 2.2% in the Midwest, and 1.2% in the West, for the three-month period. Metros that saw the largest home price gains for the quarter included Rochester, N.Y., where prices were up 6.5% quarter-over-quarter and 10.2% year-over-year; Milwaukee, W
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Housing Wire
JUNE 9, 2025
Unless you’ve been living among the Amish, you’ve probably already tried ChatGPT for your real estate business. Most agents we work with have, but usually to write listing descriptions packed to the gills with fluffy language and way too many em dashes. Sound familiar? If so, you’ve barely scratched the surface of what ChatGPT can do for your real estate business.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 9, 2025
Real estate industry executives may not see eye to eye on the National Association of Realtors ‘ (NAR) Clear Cooperation Policy (CCP), but there is one thing they do agree on — the vast majority of sellers receive the most benefit from listing transparency and broad exposure of their listings. “The average people that our agents are working with everyday are thinking about things like affordability and how they can maximize the value of their home — and typically that comes from exposure,
Real Estate News
JUNE 9, 2025
Fannie Mae’s monthly survey indicates Americans are feeling better about market conditions, interest rates and job security than they were earlier this spring.
Housing Wire
JUNE 9, 2025
Canadian-based RARE Real Estate has launched operations in South Florida , marking its official entry into the U.S. market. The move is part of a broader expansion strategy by the fast-growing brokerage , which gained recent attention through its feature on the Amazon reality series “Luxe Listings Toronto.” RARE’s entry into the U.S. market is led by company founder Adam Stern, who has more than 20 years of experience in the real estate industry.
Mortgagebroker News
JUNE 9, 2025
CONTINUE TO SITE CONTINUE TO SITE US CA AU NZ UK NEWS MORTGAGE INDUSTRY Business growth Guides Industry moves Industry news Industry trends Market updates BEST IN MORTGAGE SPECIALTY Alternative lending Broker insights Commercial Investment Reverse TV RESOURCES Premium content CMP Talk E-mag Events White papers Mortgage Broker Software Reviews SUBSCRIBE Industry Trends Toronto housing demand outpaces construction supply Around 300,000 shovel-ready homes sit idle By Rod Bolivar 09 Jun. 2025 Share
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Housing Wire
JUNE 9, 2025
U.S. consumer sentiment toward the housing market improved in May and reached its highest level since November 2024, according to Fannie Mae. Fannie Mae’s Home Purchase Sentiment Index (HPSI) rose 4.3 points to 73.5 last month, driven by increased optimism about home buying and selling conditions and expectations that mortgage rates may fall in the coming year.
Appraisal Buzz
JUNE 9, 2025
About 1.4 million residential mortgages were originated in the U.S. during the first quarter, down 14% compared with the fourth quarter, as purchase volume slowed to a trickle, according to ATTOM’s quarterly Mortgage Origination Report. Most of the decrease was driven by a 20% fall-off in home purchase loans, which slipped to 593,111 in the first quarter, down from 738,675 in the fourth quarter.
Housing Wire
JUNE 9, 2025
I love taking my son to the arcade, sharing with him the games I grew up playing and the workarounds that can help improve his odds of winning. On one such trip, we spent too much time and money trying to win a prize out of the arcade’s claw machine. It got me thinking about how agents so frequently rely on luck rather than the harder, steadier work of building a self-sustaining real estate business.
Mortgagebroker News
JUNE 9, 2025
CONTINUE TO SITE CONTINUE TO SITE US CA AU NZ UK NEWS MORTGAGE INDUSTRY Business growth Guides Industry moves Industry news Industry trends Market updates BEST IN MORTGAGE SPECIALTY Alternative lending Broker insights Commercial Investment Reverse TV RESOURCES Premium content CMP Talk E-mag Events White papers Mortgage Broker Software Reviews SUBSCRIBE Market Updates Unsold condo units continue to pile up in the GTA The escalating condo crisis swamping the city and its surroundings shows little
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Housing Wire
JUNE 9, 2025
A boutique real estate brokerage based in Kern County, California , has joined the Better Homes and Gardens Real Estate network. Better Homes and Gardens Real Estate Platinum Realty Group — led by broker/owner Christy Rabe — will now operate under the nationally recognized brand as part of a strategic effort to expand services and attract agents. Rabe, who founded Platinum Realty Group in 2018, has worked in real estate for two decades and built a career in the mountain community of Bear Valley
Mortgagebroker News
JUNE 9, 2025
CONTINUE TO SITE CONTINUE TO SITE US CA AU NZ UK NEWS MORTGAGE INDUSTRY Business growth Guides Industry moves Industry news Industry trends Market updates BEST IN MORTGAGE SPECIALTY Alternative lending Broker insights Commercial Investment Reverse TV RESOURCES Premium content CMP Talk E-mag Events White papers Mortgage Broker Software Reviews SUBSCRIBE Industry Trends Women in Mortgage recap: Executives on narrowing the industry's gender gap Top lending and broker execs on the steps needed
Housing Wire
JUNE 9, 2025
Glenn Kelman’s wife was starting to get worried. The Redfin founder and CEO’s behavior was unusual lately. He was staying up late into the night exchanging texts with someone. But there was no other woman. Kelman was group texting Varun Krishna, the CEO of Rocket Companies , and Jay Bray, the CEO of Mr. Cooper. They would share their unified vision for transforming the homeownership journey and — importantly — making it more affordable for consumers.
Valuation Review
JUNE 9, 2025
Both the Mortgage Bankers Association (MBA) and the National Association of Realtors (NAR) celebrated the real estate tax provisions in the Republican-led tax and spending package that was advanced by the House of Representatives via a narrow 215-214 vote.
Housing Wire
JUNE 9, 2025
Florida-based Gradient Mortgage Capital , a wholesale mortgage banking platform, launched Monday with the intent to serve mortgage bankers and brokers across the country with debt-service-coverage ratio ( DSCR ) and small-balance commercial real estate loans. Gradient is an affiliate of Saluda Grade, an alternative investment firm that specializes in asset-based lending.
Inman
JUNE 9, 2025
Colorado-based Covius will continue to provide integrated title and closing services to Blend's customers, and Title365 President Kirby Hulbert will join Covius's settlement services team.
Housing Wire
JUNE 9, 2025
Blend Labs Inc. is officially exiting the title business with the sale of its Title365 subsidiary to Covius Services , the companies announced on Monday. Blend acquired Title365 from Mr. Cooper for $422 million in 2021. While it’s stepping away from title operations, Blend will continue to use the platform for title and closing services. The Title365 team, including president Kirby Hulbert, will join Covius’s settlement services division.
Inman
JUNE 9, 2025
If your buyers seem to be getting cold feet, dig deeper and find their why so you can help them make the right decisions, coach Darryl Davis writes.
Housing Wire
JUNE 9, 2025
A California real estate broker is suing the National Association of Realtors (NAR) over a policy that forces brokers to pay dues for agents who aren’t members of their state, local or national Realtor associations. John Diaz, who’s based in Modesto, claims that NAR’s Variable Dues Formula (VDF) policy penalizes brokers for associating with agents who aren’t Realtors.
BiggerPockets
JUNE 9, 2025
When you’re managing rental properties, maintenance isn’t optional—it’s inevitable. But how you handle it can mean the difference between protecting your investment and constantly putting out fires.
Housing Wire
JUNE 9, 2025
There is no denying that Nykia Wright joined the National Association of Realtors (NAR) at a major inflection point for both the industry and the trade organization. “The travesty and joke is that the same day I signed my interim CEO contract was the day the verdict (in the Sitzer/Burnett suit) came out,” Wright , the CEO of NAR, told attendees at HousingWire ’s The Gathering on Monday morning.
Inman
JUNE 9, 2025
The vast majority of home shoppers are searching online, and it’s harder than ever to grab a buyer’s attention. They’re not looking at a few homes — they’re scrolling through hundreds.
Housing Wire
JUNE 9, 2025
Discussions about the impact of artificial intelligence (AI) have dominated conversations on stage at HousingWire ‘s The Gathering. But there seems to be little common ground as some lenders are excited for the chance to scale their businesses to new heights by taking away menial tasks, while others are concerned about information security and job insecurity.
Valuation Review
JUNE 9, 2025
'Every aspect of appraisal reports will change with new UAD," industry veterans say - @cotality #newappraisalreports #UAD #appraiserexpectations #AssociationofAppraiserRegulatoryOfficials
Inman
JUNE 9, 2025
A wave of “Altadena Not for Sale” signs dot the yards of fire-scarred properties as a plea to preserve the communities that have been lost in January's Eaton fire. Behind the signs, a different reality is unfolding -- Altadena is for sale, and developers are lining up to buy in, the "Los Angeles Times" reported Thursday.
Real Estate News
JUNE 9, 2025
As insurance rates skyrocket in areas prone to extreme weather, agents need to make sure homebuyers understand those costs to avoid problems at closing.
Inman
JUNE 9, 2025
Agents and brokers who responded to the latest Inman Intel Index survey shared a broad range of stories detailing how tariffs are already spooking clients — and occasionally killing transactions.
Appraisal Buzz
JUNE 9, 2025
Covius , a provider of technology-enabled solutions to the financial services industry, has signed a definitive agreement to acquire Title365 Holding Co. , a national provider of title insurance and settlement services. Covius is acquiring Title365 from digital lending software company Blend for undisclosed sum. Blend acquired Title365 from Mr. Cooper Group Inc. in 2021 for $422 million.
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