Sat.Apr 12, 2025 - Fri.Apr 18, 2025

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Homeowners are confident heading into peak selling season

Housing Wire

A majority of potential U.S. home sellers believe now is a good time to list their homes. This is driven by their confidence in home values and buyer demand, according to survey results released Monday by Realtor.com. Roughly 70% of potential sellers said it is a favorable time to sell, despite concerns about mortgage rates and broader economic factors.

Sellers 362
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Mortgage Applications Sank Last Week Following Jump in Rates

Appraisal Buzz

A jump in mortgage rates led to mortgage application volume falling 8.5% during the week ended April 11, according to the Mortgage Bankers Associations (MBA) Weekly Applications Survey. Applications for refinances dropped 12% compared with the previous week but were up 68% compared with the same week one year ago. Applications for purchases fell 5% compared with the previous week but were up 13% compared with the same week one year ago.

Mortgage 382
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When concessions stop working

Sacramento Appraisal Blog

Concessions are a tractor beam to entice buyers. Until they’re not. At some point they simply stop working, and prices have to be lowered. Let’s talk about this, and I have some new visuals to show which price points are growing and shrinking. FIVE BEERS ON ME TONIGHT I’m recording a live podcast in Downtown […] The post When concessions stop working first appeared on Sacramento Appraisal Blog.

Buyers 319
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Adjustable Time? pt 21

George Dell

Time adjustments were often performed after other adjustments, particularly in upward trending markets, according to the December 2024 FHFA Working Paper. Editors Note:Read the entire series (so far) here. Some appraisers were avoiding time adjustments, unless needed for another purpose! That purpose is when the appraiser couldnt match the user-lenders expectation of value (an underappraisal). […] The post Adjustable Time?

Appraisal 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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No Congress, no rate hikes: Bill Ackman’s plan to privatize the GSEs

Housing Wire

Bill Ackman, the billionaire founder of Pershing Square Capital Management , has an audacious plan to privatize Fannie Mae and Freddie Mac without congressional approval. The proposal involves the federal government forgiving hundreds of billions of dollars while also reducing capital requirements. As a result, Ackman claims the plan would boost the stock prices of both companies to the $30 range without putting upward pressure on mortgage rates.

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PahrooZings: Appraisers on Purpose Podcast: Jonathan Miller

Miller Samuel

My friend and Chicago appraiser colleague Michael Hobbs interviewed me for a two-part podcast: “The PahrooZings Podcast showcases inspiring appraisers and professionals who are field-leaders. I met Michael through our membership in RAC , a group of the best residential appraisers in the US. Im a past president (2017-2018) and very much appreciate the knowledge and insights my membership has given me.

Appraisal 195
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10 things your broker wishes you’d learned in real estate school

Inman

Broker Joseph Santini offers 10 truths about real estate that will put you on the right track and save you some time on your path to success.

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Beyond the deal: Marc Trachtenberg on the true value of title insurance

Housing Wire

Marc Trachtenberg chairman and CEO of Silk Title Company has spent a career in mortgage and title insurance companies finding ways to break from the status quo, creating innovative, forward-thinking solutions along the way. He doesnt plan to stop any time soon. He actively searches for new and groundbreaking ways to improve his companies and inject innovation and creativity into the industry.

Insurance 394
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Where Are More Americans Moving To?

Appraisal Buzz

A new study from LendingTree shows that the majority of Americans prefer to move within their own state, while a few key statesmost notably Florida and Texasare the most popular landing spots for those who do choose to relocate. The report analyzed purchase mortgage loan requests for primary residences across all 50 states to determine which states residents were staying in, leaving, or moving to.

Mortgage 269
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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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Housing Starts Decline Amid Economic Uncertainty

Eyes on Housing

Constrained housing affordability conditions due to elevated interest rates, rising construction costs and labor shortages led to a reduction in housing production in March. Overall housing starts decreased 11.4% in March to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. Department of Housing and Urban Development and.

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Cofano-led Collabra Technology sells to Adx

Inman

The deal will see industry vet Russ Cofano exit the company. Current COO Margo Fraker take over as chief executive of the company's B2B efforts.

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Rents remain above pre-pandemic levels in nearly all major metros

Housing Wire

Rent prices declined for the 20th consecutive month across the 50 largest U.S. metro areas. But the cost of renting remains well above pre-pandemic levels, according to the newest Realtor.com rent report released Wednesday. The median asking rent in March was $1,694, down $65 from the 2022 peak. But compared to March 2019, the median rent is still 20.2% higher, rising from $1,409 over the six-year period. “While the median asking rent is down $65 monthly or over $700 annually, in nearly ev

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Majority of U.S. Homes Lack Flood Insurance Despite Rising Risk

Appraisal Buzz

Flooding is the most common and costly natural disaster in the U.S., yet 96.7% of homes lack flood insurance, according to a report by ValuePenguin. In 2024, the average home sustained nearly $34,000 in flood damage, with the most significant losses linked to Hurricanes Helene and Milton, which devastated parts of Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia.

Insurance 286
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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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Fannie Mae Fraud and Abuse Exposed

Appraiserblogs

History of waste, fraud & abuse at this rogue organization… Fannie Mae reported this week it had fired more than 100 employees for unethical conduct, including facilitation of fraud. Expect more such news as the truth emerges about this organizations activities over the past half-decade. At the beginning of the decade, under the protective camouflage of its federal conservatorship and Covid-19, Fannie began eliminating critical checks and balances in a radical experiment with U.S. tax

Insurance 142
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The AI shortcut: 9 ways ChatGPT can simplify your listing process

Inman

Real's Drew Thompson offers tips that save you time and money when you put the power and potential of artificial intelligence to work for your listings.

Buyers 160
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Inside the minds of homeowners: The four things they really want in 2025

Housing Wire

In every housing market, every lender , originator, mortgage broker , or loan officer should endeavor to understand their buyer pool. Trends and perceptions change annually and generationally especially when it comes to desires, housing market outlook, and financial thresholds. Having insight into how and what they think can go a long way. It can aid in not only attracting qualified borrowers but also ushering them through the transaction and, ultimately, to the closing table.

Buyers 390
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Home Sellers More Enthusiastic About Listing

Appraisal Buzz

According to a recent Realtor.com survey, some70% of prospective sellers believe that now is a good time to sell, indicating that sellers nationwide are feeling upbeat as we approach this years Best Time to Sell. Todays sellers are hopeful about selling this year due to their capacity to capitalize on the rising value of properties and their belief that buyer-offers would meet their asking price, even though market conditions are not a deciding factor.

Sellers 284
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Where Do Builders and Remodelers Buy Building Products?

Eyes on Housing

The most common sources for products used in home building and remodeling are specialty retailers, lumber yards, and wholesale distributors, according to two recent NAHB surveys. The surveys include one of single-family homebuilders in the October 2024 NAHB/Wells Fargo Housing Market Index (HMI) and one of remodelers in the Q3 2024 NAHB/Westlake Royal Remodeling Market.

Retail 157
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10 spring real estate content ideas for instant engagement, lead gen

Inman

New Inman contributor and marketing strategist Alyssa Stalker offers great ideas for stepping up your spring content marketing and drawing in buyers and sellers.

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Tariffs are creating perfect storm for housing market

Housing Wire

Over the last month, home sales have definitely picked up, especially when compared to last years very low levels. Weekly pending home sales counts have been at or above the year-ago levels for four weeks in a row now. This week, there were 3.8% more weekly pending home sales than last year at this time. In total, there are now nearly 2% more homes in contract nationally than a year ago.

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Lenders Need to Address Loss Mitigation Costs Amidst a Rise in Non-Performing Loans

Appraisal Buzz

This article originally appeared in the April 2025 edition of MortgagePoint magazine, online now. With delinquencies at an all-time low, lenders that have retained servicing have enjoyed healthy returns on their portfolios, providing a needed boon to overall profitability as originations stall out in anticipation of further rate cuts. However, larger economic factors are impacting the delinquency rate, thus jeopardizing this vital revenue stream.

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New eXp disclosure form warns sellers of pre-marketing risks

Real Estate News

Anytime we limit access, it limits opportunities, an eXp exec said during a livestream highlighting ethical issues with the push into private inventory.

Sellers 299
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Finding Financial Freedom: Julie Han’s journey to independence

Inman

In a time when womens financial independence is more important than ever, coach Melanie Klein writes, real estate offers an exciting, dynamic pathway to success.

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WFG’s Patrick Stone has stamped his mark on real estate

Housing Wire

Patrick Stone, the founder and chairman of Williston Financial Group (WFG), is celebrating 50 years in the real estate industry a milestone that coincides with the 15th anniversary of WFG, which he launched in the wake of the Great Recession. Its surreal, Stone said. I started in April of 1975. I never thought Id still be at it five decades later, but I love this business the people, the challenge, the evolution of it all.

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Housing Starts Stalled in March on Economic Uncertainty

Appraisal Buzz

Housing starts stalled in March on tariff and trade-war concerns, dropping 11.4% compared with February to a seasonally adjusted annual rate of 1.324 million, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. However, housing starts were up 1.9% compared with March 2024. Starts of detached, single-family homes were at a rate of 940,000, down 14.2% compared with February.

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HomeServices’ new CEO ready to ‘go back on offense’

Real Estate News

Chris Kelly is eager to move past the challenges of the past 18 months and focus on unifying and growing the company, with agents and consumers at the core.

Agents 290
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Shares in Better get a boost from $534M debt restructuring

Inman

Investors bid up mortgage lender's share price by 21 percent as company says deal with investor investor SB Northstar LP will improve its balance sheet and better position it for growth and a return to profitability.

Investors 147
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LPT Realty’s Robert Palmer is building a ‘brokerage for life’

Housing Wire

When Robert Palmer launched LPT Realty in March 2022, he didnt just set out to build another real estate brokerage. He wanted to redefine what a brokerage could be. In just three years, the Florida-headquartered firm cracked the top 10 of the RealTrends Verified Brokerage Rankings , No. 10 in transaction sides and No. 14 by sales volume. If you ask Palmer, the secret to LPTs growth , it isnt just in its tech or culture, its in its refusal to follow in the footsteps of other top brokerage firms.

Brokerage 370
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Mortgage Rates Increase But 30-Year Still Below 7 Percent 

Appraisal Buzz

Mortgage rates increased this week, as market volatility continued, with the average rate for a 30-year fixed-rate mortgage (FRM) at 6.83%, up from 6.62% last week, according to Freddie Macs Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 7.1%. Looking at the bright side, Sam Khater, chief economist for Freddie Mac, notes that the 30-year has been below 7% for 13 consecutive weeks.

Mortgage 195
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Sellers motivated by rates, bullish on sale prices

Real Estate News

A new Realtor.com survey indicates homeowners thinking about selling are closely monitoring mortgage rates as they await the right moment to enter the market.

Sellers 286
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Give us your hot take on the new Zillow, Redfin listing rules: Pulse

Inman

As we navigate the whirlwind of opinions around seller choice, private listings and portal response, we want to hear from you.

Sellers 158