Sat.Mar 01, 2025 - Fri.Mar 07, 2025

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Rising Homeownership Costs Driving Record Financial StrainĀ 

Appraisal Buzz

Housing affordability challenges are worsening for millions of American homeowners, with a growing number struggling to keep up with rising costs. A new research brief analyzing the latest American Community Survey data highlights that cost burdensdefined as paying more than 30% of household income on housinghave surged across income levels and demographics.

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Lowest mortgage rates in months create surge in applications

Housing Wire

Mortgage applications increased 20.4% from one week earlier on a seasonally adjusted basis as buyers pounced on lower rates , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. 28, 2025. On an unadjusted basis, applications increased 22% compared with the previous week. The refinance index increased 37% from the previous week and was 83% higher than the same week one year ago.

Mortgage 505
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The ā€œRā€ word in real estate

Sacramento Appraisal Blog

Im starting to hear so much more chatter about the “R” word, so let’s talk about it. What happens to the housing market during a recession? What happens to homes prices and jobs? I have some new visuals to help us talk through this. Also, let’s look at some spicy issues to keep an eye […] The post The R word in real estate first appeared on Sacramento Appraisal Blog.

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Eternal confusion: Mixed messages on amending buyer agreements

Inman

Six months after commission lawsuit changes took effect, compliance expert Summer Goralik writes, uniformity in implementation and guidance remains elusive, making industry confusion the norm and compliance an ever-moving target.

Buyers 179
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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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Which U.S. Housing Markets Are Most At-Risk?

Appraisal Buzz

ATTOM has released its latest Special Housing Risk Report , spotlighting county-level housing markets around the nation that are more or less vulnerable to declines, based on home affordability, equity, and other measures in Q4 2024. ATTOMs report shows that California, Illinois, and the New York City area had high concentrations of the most-at-risk markets in the country, with parts of Florida also in that mix.

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Acceptable Time? Pt 15

George Dell

We continue to explore what is acceptable to Fannie Mae for time adjustment. We have reviewed each of the four FHFA time adjustment strategies. We now consider each of the five acceptable methods per the current Fannie Mae Selling Guide. Editors Note: Access the entire series (so far) here. (We will conclude this series with […] The post Acceptable Time?

Appraisal 195
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House Price Appreciation by State and Metro Area: Fourth Quarter 2024

Eyes on Housing

Following two straight quarters of deceleration, house price appreciation accelerated slightly in the fourth quarter of 2024 due to the persistent high mortgage rates and low inventory. Although inventories of existing homes have improved from a year ago, the current 3.5-month supply remains below the 4.5- to 6-month supply that considered a balanced housing market.

Inventory 186
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Commercial and Multifamily Lending Projected to Climb

Appraisal Buzz

The commercial and multifamily lending market is poised for significant growth in 2025, with borrowing and lending expected to increase by 16% year-over-year. According to the Mortgage Bankers Association (MBA) , total commercial and multifamily mortgage originations are forecasted to reach $583 billion in 2025, up from an estimated $503 billion in 2024.

Lending 307
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Stone Point Capital takes a stake in Keller Williams

Housing Wire

Keller Williams has entered into a strategic partnership with private equity firm Stone Point Capital , according to an announcement on Monday. Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. This is an exciting milestone for all Keller Williams agents and franchisees, Gary Keller, the co-founder and executive chairman of Keller Williams, said in a prepared statement.

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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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Want to get more for your sellers? List in late May

Inman

Despite a slow start to the year, Zillow's latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600.

Sellers 167
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Inadequate Shelter: Millions of U.S. Homes Fail to Meet Standards

Eyes on Housing

In 2023, nearly 6.45 million homes, around 5% of U.S housing stock, were classified as inadequate according to the American Housing Survey (AHS). Of these, 1.65 million homes were classified as severely inadequate, showing significant concerns over housing quality. While this reveals ongoing issues in nations housing conditions, it signals probable market growth for remodeling.

Marketing 175
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Why An Appraiser Union Would Never Work

Appraisal Buzz

The argument comes up all the time. Appraisers are getting squeezed from all sideslenders, AMCs, regulators, and now even AI and automation. Meanwhile, other industries, from Hollywood writers to UPS drivers, have secured massive wins through collective bargaining. So, wouldnt it make sense for appraisers to do the same? I get it. I really do. Im as frustrated as anyone by the way appraisers are treated.

Appraisal 370
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Survey: Nearly 90% of homeowners are worried about selling

Housing Wire

A large majority of homeowners (88%) have concerns about selling their homes, with financial uncertainty and housing market conditions ranking among their top fears, according to a recent survey by Clever Real Estate. The survey , which polled 1,000 homeowners at the end of 2024, found that the most common concerns include the stress of the sale (42%), the high costs of selling (40%), the inability to afford a new home (32%) and not selling for a high enough price (32%).

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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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Focus on homebuyers helps Guild swing to $97M 2024 profit

Inman

At $24 billion, Guild's 2024 mortgage production marked the San Diego-based lender's biggest year since the pandemic-fueled refinancing boom.

Mortgage 167
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A new CEO for KW as it announces major investor

Real Estate News

Keller Williams says strategic investment by CoreLogic owner Stone Point Capital is designed to fuel growth, as Christopher Czarnecki takes the helm.

Investors 301
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Property Insurance Costs Rise at a Record Rate

Appraisal Buzz

Intercontinental Exchange has released its March 2025 ICE Mortgage Monitor Report , based on the companys mortgage, real estate and public records datasets, analyzing the latest trends shaping the housing market in early 2025, with a special emphasis on rising insurance costs and the ways borrowers are adapting to protect what, for many, may be their most valuable asset.

Insurance 360
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Sell more homes: 17 home staging tips for real estate agents

Housing Wire

If you thought winning a listing was challenging, just wait until you have to start telling a homeowner what to do with their home in order to sell it quickly. Home staging is your chance to transform a property into a home that buyers cant wait to get their hands on. Homeowners can be reluctant to make some of these changes, but its your job to guide them through the process.

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American Real Estate Association floats Clear Cooperation solution

Inman

The trade group wants to replace the polarizing National Association of Realtors rule with what it's calling a "Clear Collaboration Policy," which it says would be more flexible than the status quo.

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Real Brokerage hits 1st billion-dollar year as agent count soars

Real Estate News

Revenue jumped 84% compared to the previous year and the company added 10,000 agents in 2024 after needing nine years to gain its first 10,000.

Agents 290
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More First-Time Buyers Coming Off the Sidelines

Appraisal Buzz

Its no secret that buying a home has been exceedingly difficult in the past few years due to a number of affordability factors. From rates bordering the 7% range, to record high home prices, many home buyers are sitting on the sidelines waiting for a seismic change to hit the U.S. housing market. New data from LendingTree shows that among those active in the market last year, first-time buyers received a larger share of offers than those who already own.

Buyers 311
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Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

While the U.S. housing market has shown signs of slowing, demand remains strong in key Midwest and Northeast cities, where homes are selling weeks faster than the national average, according to Realtor.com s Hottest Markets Report for February. In the most in-demand markets, homes sold in 33 to 51 days, significantly below the national median of 66 days.

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A small but growing minority think it’s a good time to buy a home

Inman

While only 1 in 4 Americans surveyed last month by Fannie Mae said its was a good time to buy, that's up from an all time low of 14 percent last spring.

Mortgage 173
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Sweeping tariffs could increase new home costs by $10k

Real Estate News

After a 30-day pause, 25% tariffs on Canada and Mexico major providers of construction materials took effect Mar. 4, creating uncertainty for builders.

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AI-Driven Fraud Poses a Serious Threat to the Mortgage Industry

Appraisal Buzz

Artificial intelligence is beginning to play a positive role in the mortgage origination process from applications to verifications to valuations to closings and beyond, it is helping to speed processes and reduce the rate of error. But AI can be a double-edged sword, as there is also a rising risk of AI-driven fraud. In a recent report, Sarah Frano, vice president and real estate fraud expert at First American Title Insurance Company , explains that scammers are increasingly harnessing AI to g

Mortgage 312
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What comes next for remote online notarization oversight?

Housing Wire

Remote online notarization (RON) continues to stake its claim as a critical innovation for real estate professionals and homebuyers, opening the door for faster closings and largely eliminating the need for in-person meetings. However, enhanced accessibility and improved security has also come with regulatory challenges and risks that every stakeholder in the property transaction process must navigate.

Law 396
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Why M&A is the smartest play for brokers planning for the future

Inman

In real estate, a strong legacy isn't just about the past it's about ensuring a thriving future, Joshua A. McGrath writes. If youre considering M&A, heres what you should know.

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AI assistants are here to stay, but they won’t take your job

Real Estate News

As AI evolves, more companies are launching tools aimed at improving agent efficiency but they cant replace the human touch, tech leaders say.

Tools 257
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Pending Home Sales Falling Through at Record Rates as Buyers Recoil From Sticker Shock

Appraisal Buzz

One in seven pending home sales in the U.S. are getting canceled, the highest share on record for this time of the year, due in part to sticker shock, according to a recent report from Redfin. More than 41,000 home-purchase agreements fell through in January, equal to 14.3% of homes that went under contract that month, up from 13.4% a year earlier and the highest cancellation rate for this time of year since at least 2017, the firm reports.

Buyers 273
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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns. Regardless of whether you are on the buy or sell side for a mortgage lender and/or servicer in a M&A transaction, it is critical to focus on post-closing mat

Mortgage 413
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Head of Instagram reveals secrets to social media success

Inman

Top brass at Instagram, Adam Mosseri, is sharing insights for creators to get more traction on the platform. Reals Jimmy Burgess breaks down how to make these tips work for you in real estate.

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Appeals court rules in favor of Zillow, NAR in REX case

Real Estate News

The Ninth Circuit denied the brokerage's request for a new trial, agreeing with an earlier ruling that NAR's no-commingling rule was not anticompetitive.

Brokerage 248