Sat.Jan 04, 2025 - Fri.Jan 10, 2025

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Real estate trends to watch in 2025

Sacramento Appraisal Blog

Whats the housing market going to do in 2025? Nobody has a crystal ball, but here are some things on my mind. Scroll quickly by topic or digest slowly. Anything to add? UPCOMING SPEAKING GIGS: 1/15/25 Mike & Joel Event (free online (register Eventbrite)) 1/16/25 Sac Real Producers event (details TBA) 1/22/25 Windermere El Dorado […] The post Real estate trends to watch in 2025 first appeared on Sacramento Appraisal Blog.

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LA fires upend rental market as residents scramble for housing

Housing Wire

Several fires burning more than 45 square miles in the Los Angeles area have forced more than 100,000 residents from their homes and killed five people, The Associated Press reported on Thursday. Nearly 2,000 homes, businesses and other structures have been destroyed, with many displaced residents scouting for rental properties and temporary shelter.

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HUD Grants Millions to Help End Homelessness, Prevent Evictions

Appraisal Buzz

As the New Year settles in, unfortunately, homeownership and financial stability are still a worry for millions of hard-working Americans. Through the Eviction Protection Grant Program (EPGP), a first-of-its-kind federal program created to increase the availability of legal services to tenants at risk of or subject to eviction, the U.S. Department of Housing and Urban Development (HUD) granted $40 million in funding to 21 recipients to support housing stability and prevent evictions and homeless

Tenants 468
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Compass CEO tops list of real estate’s most powerful leaders

Real Estate News

Robert Reffkin has been outspoken and growth-focused, landing at No. 1 on the 2025 SP 200. At No. 2? Another disruptor-turned-dominator, eXps Glenn Sanford.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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U.S. Population Grows at Highest Rate Since 2001

Eyes on Housing

According to the U.S. Census Bureaus latest estimates, the U.S. resident population grew by 3,304,757 to a total population of 340,110,988. The population grew at a rate of 0.98%, the highest rate since 0.99% in 2001. This also marked the third straight increase in the growth rate of the U.S. population. The vintage population estimates.

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Housing Affordability Stabilizes

Appraisal Buzz

According to a new study from Redfin , a household making a median U.S. income of $83,782 in 2024 wouldve had to spend 41.8% of their earnings on monthly housing costs if they bought a $429,734 median-priced U.S. home. Thats a slight improvement from 42.2% in 2023, but is considerably less affordable than the typical share of 30% or lower recorded throughout the 2010s.

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Housing supply and demand could shift dramatically in 10 years

Real Estate News

Population growth is slowing, which means fewer new households and fewer new homes needed. But immigration is still a wild card.

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Streamline Real Estate Management With Mobile Forms

GoForrmz

Originally published on 04/26/2017. Optimize your real estate management with digital forms Property management and real estate are dynamic industries with responsibilities that constantly shift, ranging from tenant placement to ensuring compliance with real estate board regulations. For professionals striving to deliver exceptional service, staying organized and responsive is key.

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Seattle leaders struggle to agree on a path forward for housing

Housing Wire

This week, the Seattle City Council had its first meeting of 2025 and housing was a key topic of discussion. But if the meeting itself was any indication, determining a path forward for the citys severe housing shortage will be a struggle as elected leaders attempt to ascertain a sustainable plan for the next decade, according to reporting by The Seattle Times.

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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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Understanding the Surge in Title Fraud—And How to Prevent It

Appraisal Buzz

This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. Title fraud, though not new, recently gained national attention when a Missouri woman attempted to fraudulently auction Elvis Presleys Graceland estate. She falsely claimed the property was collateral for an unpaid loan, using fake loan documents and a fabricated foreclosure notice in a Memphis newspaper.

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‘Never sell’ boomers could add to inventory strain

Real Estate News

Over a third of existing homeowners and 43% of those over 60 say they dont plan to ever sell their home, a Redfin survey found.

Inventory 297
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LA communities face devastation amid slew of historic wildfires

Inman

LA-area agents on Wednesday told Inman that they were checking in on clients and keeping an eye on evacuation orders while lamenting the "catastrophic" toll the wildfires were taking on the community and real estate market.

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Higher insurance premiums are a shoo-in after the LA wildfires

Housing Wire

As wildfires tear through Southern California and firefighters battle winds up to 100 mph, tens of thousands of residents have evacuated. The looming impacts on real estate and insurance are also at the forefront of Californians minds. According to Anthony Marrone, the fire chief for Los Angeles County , the wildfires have torched more than 1,000 structures, killing at least two people and injuring several more.

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More Renters Fearing Scams in Tight Housing Market

Appraisal Buzz

As the housing market grows more competitive, rental scams are adding financial and emotional strain to renters nationwide. According to Rentlys Rental Scams and Fraud Report , 93% of U.S. renters believe scams are common, and 90% worry about falling victim themselves. The survey, conducted by Pollfish, underscores the growing crisis and calls for stronger fraud prevention measures.

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Assessing the housing damage in LA: Costliest fires ever?

Real Estate News

Damage estimates are as high as $50 billion with thousands of properties destroyed, containment elusive and at least five people killed.

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DOJ adds major landlords to antitrust lawsuit against RealPage

Inman

Greystar Real Estate Partners, Blackstones LivCor and Cushman & Wakefield are among the institutional landlords accused of fixing rental prices to the detriment of "millions" of renters.

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How 7% mortgage rates will change housing for a decade

Housing Wire

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. According to the latest FHFA data , as of Q3 2024, 17.2% of outstanding mortgages, around 8.7 million borrowers, carry a mortgage with an interest rate over 6%. In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an interesting thing happened: We held on to these homes longer and resold them less often.

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Mortgage Digitalization 2.0: Moving Beyond Integrations

Appraisal Buzz

This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. In the modern mortgage industry, lenders are not just setting themselves apart on who has the best Super Bowl ad or the biggest branch footprint, but increasingly also on their approach to technology. Today, technology is driving differentiation across the customer experience, loan officer experience, and overall operational efficiency.

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Layoffs at Redfin, Zillow

Real Estate News

The Seattle-based companies confirmed the cuts. Redfin said no agents were among the 46 staff affected; Zillow didn't disclose how many employees were let go.

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Why Pantone’s 2025 Color of the Year is right for real estate brands

Inman

If youre considering a fresh new look for your marketing collateral and platforms in 2025, marketing expert Jon Krabbe writes, Mocha Mousse is a perfect choice.

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December jobs report comes in stronger than expected

Housing Wire

While the unemployment rate was up compared to the start of the year, the job market ended the year up, with 256,000 jobs added to the economy in December according to data released Friday by the U.S. Bureau of Labor Statistics (BLS). Unemployment finished the year at a rate of 4.1%, down from 4.2% the month prior. The unemployment rate has hovered at 4.1% or 4.2% for the past seven months.

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Measuring U.S. Home Price Growth 

Appraisal Buzz

The CoreLogic Home Price Index (HPI) and HPI Forecast for November 2024 have been made public by CoreLogic. Gains in home prices in the U.S. have not increased since November of 2022, but 17 states have set new records, and the country as a whole is predicted to achieve a new high this April when the usually hectic homebuying season gets underway. The increase coincided with Freddie Macs announcement that 30-year fixed-rate mortgages increased to about 7% at the start of 2025the highest level si

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LPT Realty CEO on ‘agent choice,’ scaling to 100K

Real Estate News

The upstart brokerage offers both rev share and fee-based plans, which CEO Robert Palmer believes will be key to their growth. So far, it seems to be working.

Realty 274
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Would-be homebuyers are still looking for conditions to improve

Inman

Americans are more hopeful that the economy is on the right track than they were a year ago, but only 1 in 5 thought December was a good time to buy a home, Fannie Mae surveys show.

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Tight inventory is challenging Illinois’ ‘steady Eddie’ housing market

Housing Wire

In 2024, more people moved out of Illinois than into the Prairie State. According to the National Movers Study conducted by United Van Lines , 60% of moves in Illinois last year were outbound, which was the second-highest percentage of outbound moves among all states. The most popular reasons for relocating out of state were family (cited by 25.9% of respondents), jobs (20.7%) and retirement (20.3%).

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Lock-In Effect Fueling Americans’ Hesitancy to Let Go of Their Homes  

Appraisal Buzz

A third of American homeowners (34%) say they will never sell their house, while another 27%say they wont think about doing so for at least 10 years. According to a recent survey that Redfin commissioned, that is. Only 8% of homebuyers intend to sell in three to five years, and 7% within the following three years, whereas nearly one-quarter (24%) of them aim to sell in five to 10 years.

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RE/MAX president out after less than a year in the role

Real Estate News

Amy Lessinger announced her resignation after nearly three decades with RE/MAX, a brand she had vowed to never leave.

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No, you don’t need more leads. Here’s what to do instead

Inman

Stop blaming the leads, the market or your CRM. The problem — and the solution — rests squarely on your shoulders, consultant Chris Pollinger writes.

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CFPB sues Vanderbilt, a Berkshire Hathaway lender, over risky home loans

Housing Wire

Vanderbilt Mortgage & Finance , part of Warren Buffetts conglomerate Berkshire Hathaway , has been accused by the Consumer Financial Protection Bureau (CFPB) of manipulating underwriting standards and setting borrowers up to fail in manufactured home loans. The consumer watchdog on Monday filed a lawsuit in a U.S. district court in Tennessee against Vanderbilt for purported violations of the Truth in Lending Act and Regulation Z.

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Experts Reveal Where First-Time Buyers Might Find the Best Deal

Appraisal Buzz

In 2025, Florida and the Mid-Atlantic are the greatest locations for first-time homebuyers to begin their road toward home ownership. Harrisburg, Pennsylvania, was ranked as the top city in the 2025 Realtor.com Best Markets for First-Time Homebuyers report, followed by Rochester, New York; Villas, Florida; Lauderdale Lakes, Florida; Altamonte Springs, Florida; Lansing, Michigan; North Little Rock, Arkansas; Baltimore; Tonawanda, New York; and Wilmington, Delaware.

Buyers 370
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Mortgage rates drift higher — but buyer activity picks up

Real Estate News

Weekly averages moved closer to 7%, but upcoming labor market reports could change the trajectory.

Buyers 271
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Take your mark, get ready, fence! to generate business in 2025

Inman

Broker Annette DeCicco offers lessons learned from her father, a hall-of-fame fencing coach, that can be your roadmap to generating more leads in 2025 and beyond.

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