Sat.Mar 08, 2025 - Fri.Mar 14, 2025

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Mortgage applications climb as rates continue to decline

Housing Wire

Mortgage applications increased 11.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 7, 2025. On an unadjusted basis, the index increased 12% compared to last week. The refinance index saw a 16% uptick from the previous week and was 90% higher than the same week one year ago, largely driven by a dip in the 30-year fixed rate observed by the MBA.

Mortgage 435
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Rocket to Purchase Redfin for $1.75B

Appraisal Buzz

Rocket Companies has announced that it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction for a value $1.75 billion of equity value. Founded in 2004, Redfin operates a home search platform with more than one million for-sale and rental listings and a tech-powered brokerage of more than 2,200 agents.

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A tame housing market & condo issues

Sacramento Appraisal Blog

Tame. That’s a good way to describe the spring season so far. We are definitely seeing signs of seasonality, but the market isn’t blazing hot either. Historically, the housing market really picks up in March, so let’s talk about that (and touch base on condos). This post is designed to skim quickly or digest slowly. […] The post A tame housing market & condo issues first appeared on Sacramento Appraisal Blog.

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Rocket Companies to purchase Redfin in $1.75B all-stock deal

Inman

Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin's home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies' mortgage origination and servicing capabilities.

Agents 188
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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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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Rocket’s press release stated that Redfin CEO Glenn Kelman will continue to lead the Redfin business, reporting to Rocket Companies CEO Varun Krishna.

Brokerage 482

More Trending

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Statistical Time? Pt 16

George Dell

Statistical is the second method mentioned in the Fannie Mae Guideline for time adjustments. Editors Note:Read the entire series (so far) here. What does that mean? Is it an actual acceptable method? It says so. It must be! Lets look. The Fannie Mae Guidelines do not explain the word, nor the process. We must look […] The post Statistical Time?

Appraisal 195
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How to keep your sellers in the loop when their house isn’t moving

Inman

Keeping sellers in the loop isnt just about providing updates, coach Darryl Davis writes. Its about reinforcing confidence and, more importantly, earning their trust.

Sellers 179
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Have lower mortgage rates boosted housing demand yet?

Housing Wire

Mortgage rates are declining, and recent purchase application data shows a promising 9% week-to-week increase and a 2% rise compared to the previous year. Does this indicate that the housing market is beginning to wake up just in time for spring? While I wouldn’t say we’re experiencing a full revival just yet, the latest data suggests a stabilization.

Mortgage 450
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The End of the Fixer-Upper?

Appraisal Buzz

Sorry, Home Depot, we have entered the age of move-in ready. Buyers are willing to pay nearly 4% more than expected for a home that is already remodeled (3.7%)an additional $13,194 on a typical U.S. home. Thats the highest sale price premium of all 359 listing keywords in a new study by Zillow , which looked at more than two million homes listed for sale on their site in 2024.

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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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HomeServices of America is not for sale, CEO says

Real Estate News

Gino Blefari denied a Wall Street Journal report of acquisition talks with Compass, saying there are no discussions, negotiations or agreements taking place.

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What will Stone Point do with its investment in Keller Williams?

Inman

Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely.

Investing 152
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Could homebuyers find bargains this spring?

Housing Wire

The spring housing market is still trying to spring. Pending home sales inched up for the week with small gains but remained below numbers seen at this time last year. New listings volume is trying to grow with its biggest week since September. List prices inched up for the week, though sales prices did not advance. There are plenty of weak signals in the housing market, of course.

Inventory 424
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Consumers Delay Life Plans Amid Inflation Pressures

Appraisal Buzz

As inflation continues to shape consumer behavior, Americans are adjusting their financial habits, delaying major life plans, and seeking new ways to manage their money. According to the second annual Wells Fargo Money Study , 76% of Americans have cut back on spending, a notable increase from 67% in 2024. The impact is even more pronounced among younger generations, with 82% of Gen Z adults and 79% of Millennials reporting reduced spending.

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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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When will we have enough houses? It could take decades

Real Estate News

The nationwide inventory shortage 3.8 million homes is reaching a point of no return in some parts of the country though new construction is increasing.

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The top 1% could buy nearly all homes in the US with their wealth

Inman

The value of America's nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis.

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Rising unemployment is shifting the D.C. housing market: Altos

Housing Wire

Employment in the Washington, D.C. housing market is anything but stable right now and residents are feeling it. According to D.C.’s Department of Employment Services, nearly 12,000 federal employees have filed initial unemployment claims amid widespread cuts enacted by Elon Musk and his DOGE agency. We’re tracking the Washington D.C. housing market using weekly data from Altos, which includes more than 60 different data points on every metro area in the country, to see how employme

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Single Women Defying Housing Market Trends

Appraisal Buzz

As housing affordability reached its lowest point since 2006, one group stood out in defying market trendssingle women. In 2024, the homeownership rate among single women rose slightly to 51.9%, up from 51.8% in 2023. This modest increase continues a recovery from its 2016 low of 49.3% and contrasts sharply with the overall homeownership rate, which declined due to affordability challenges.

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Compass reportedly near a deal to acquire HomeServices

Real Estate News

The brokerage giant "is in advanced talks" to buy HomeServices of America, the real estate arm of Warren Buffet's empire, the Wall Street Journal reports.

Brokerage 310
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Dolly Lenz: Seek like-minded agents to generate referrals

Inman

Lenz appeared with other panelists Tuesday at Inman on Tour Nashville to tout the benefits of working from referrals. But the panelists all agreed that referrals only work when done right.

Agents 156
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Rocket’s Varun Krishna thinks Redfin deal can expand opportunities for broker network

Housing Wire

Monday’s breaking news that Rocket Companies is set to acquire online real estate brokerage Redfin shed light on the changing landscape of the homebuying marketplace. In an exclusive interview with HousingWire , Rocket CEO Varun Krishna said that having a hand in the entire real estate funnel gives Rocket’s broker network “a bigger piece of the pie.” “We think about it more like opportunity. … So when you look at Rocket’s strength in mortgage with Redfin

Brokerage 418
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Sellers Could Profit More in 2025 as Competition Softens

Appraisal Buzz

Timing is crucial in a difficult real estate market, and this year, the Realtor.com Best Time to Sell study indicates that the best time for sellers to discover the best balance of market circumstances is between April 13 and April 19. If 2025 follows the seasonal trends of the past few years, sellers who list their property this week may see more buyers in the market, sell their home more quickly, and receive an average of $27,000 more than they would at the beginning of the year.

Sellers 367
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Rocket acquiring Redfin for $1.75B

Real Estate News

The nations largest mortgage lender called Redfin a "data powerhouse" and said the union of the two companies will improve the homebuying experience.

Mortgage 295
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Reimagine common space, foster community in multifamily design

Inman

Thoughtfully designed common spaces in multifamily communities, Michael Zaransky writes, strengthen resident engagement, deepen the sense of belonging and, ultimately, enhance retention.

Design 143
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Coldwell Banker’s Kamini Lane blasts potential repeal of CCP

Housing Wire

With the National Association of Realtors ( NAR ) reportedly set to vote on the future of its Clear Cooperation Policy (CCP) in the not-too-distant future, the leader of Coldwell Banker Realty is not holding back her feelings about the controversial rule. In an op-ed published Wednesday by Newsweek, Coldwell Banker president and CEO Kamini Lane let loose about the potential repeal of CCP, which requires brokers to list a property on the MLS within 24 hours of publicly marketing it.

Sellers 359
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Where Are Home Prices Rising the Quickest?

Appraisal Buzz

An examination of U.S. home prices by Redfin has found that the Midwest is home to three of the five metro areas where home prices are rising fastest. In Milwaukee, the median home sale price rose a record 20% year-over-year in February to $330,000the biggest jump among the 50 most populous metros. Milwaukee was followed by Detroit, Michigan (12.5%); Nassau County, New York (11.7%); San Jose, California (11.1%); and Cleveland, Ohio (10%).

Contracts 393
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Is your market ‘a lion or lamb’? Building permits offer a clue

Real Estate News

New construction is influencing affordability in many areas, with the South seeing the biggest benefits.

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Inman announces 2025 class of Marketing All-Stars award winners

Inman

From chief marketing officers to communications professionals, Inmans 2025 Marketing All-Stars award celebrates 99 of the most creative and boundary-pushing marketers that drive success and impact across the real estate industry.

Marketing 158
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Finance of America reports Q4 loss, full-year profit for 2024

Housing Wire

Reverse mortgage leader Finance of America (FOA) recorded a quarter-over-quarter loss in the fourth quarter of 2024, but still notched a full-year profit. In a Wednesday earnings call, company leaders outlined their assessment of the reverse mortgage market moving forward, describing 2024 as a year of momentum for the company owing to the achievement of strategic objectives.

Finance 394
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The Importance of Flood Insurance Education

Appraisal Buzz

How important is flood insurance?Homebuyers who are lookingto purchasein a Special Flood Hazard Area (SFHA) may encounter challenges even after obtaining financing and getting ready to close because they cannot proceed without it. The National Association of Realtors (NAR) analyzes how the NFIP promotes and impacts local and national home sales and economic activity in a new report.

Insurance 389
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Is Rocket ‘one of the biggest threats’ to commissions?

Real Estate News

The Rocket-Redfin deal means more competition for portal giants like Zillow and CoStar, but also for smaller brokerages and boutique lenders.

Brokerage 232
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Tool Kit: How to be a Wonder Woman in real estate

Inman

In celebration of International Womens Day, trainer Rachael Hite highlights four traits top women in real estate share and provides resources to help you become your own superhero.