Housing Wire
JANUARY 15, 2025
An Elkhart, Indiana , resident who is a beneficiary of U.S. Department of Housing and Urban Development (HUD) assistance is poised to lose his benefits on Jan. 31 after disclosing on a form that he had ingested marijuana a single time, according to local reporting by a South Bend-based NBC affiliate. This will cause him to lose his home in a few months time, he said.
Real Estate News
JANUARY 15, 2025
When the Fed lowers interest rates, a drop in mortgage rates often follows but recently, the opposite has happened. Heres why.
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Housing Wire
JANUARY 15, 2025
Researchers at the University of Southern California (USC) released an in-depth study this week in which they argue that decades of policy missteps have created a shortage of affordable housing across the U.S. and are pushing homeownership out of reach for millions of Americans. The full study , which was published in the January edition of The Russell Sage Foundation Journal of the Social Sciences, goes back 20 years to examine the origins of the current housing crisis.
Real Estate News
JANUARY 15, 2025
As the fires rage on, some agents are working on the front lines to help displaced residents facing big losses while navigating scarcity and price-gouging.
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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.
Housing Wire
JANUARY 15, 2025
The National Association of Realtors (NAR) announced Wednesday that it has appointed Jarrod Grasso as its senior vice president of industry relations, a new position created to engage with state and local Realtor associations, in addition to individual Realtors. NAR’s reputation has been under attack over the last few years and the trade group has taken action to change that.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 15, 2025
Technology has a lot of potential to assist older people with the goal of aging in place. A new study from AARP and the Consumer Technology Association (CTA) aims to make the case by arguing that tech can empower independence. Combining the work of a quantitative study from CTA and qualitative research from AARP, the report finds that older adults are largely comfortable with using more technology in their daily lives and find it useful as they seek to age in place.
Inman
JANUARY 15, 2025
Investors bid up shares of mortgage lenders and real estate companies after "relatively benign" CPI report ends speculation that inflation worries might force the Fed to raise rates this year.
Housing Wire
JANUARY 15, 2025
As high home prices continue to impact the market, many homeowners are deciding to stay put in their homes. But most still have plans to purse home renovations and younger generations are leading this new focus on home improvement. Emmy Award-winning home improvement platform This Old House conducted a survey of 2,000 homeowners on their renovation plans for 2025.
Inman
JANUARY 15, 2025
The advantages of the industry's most prolific agents may be growing even more pronounced in the post-settlement landscape, according to an Inman Intel Index poll of real estate professionals.
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Housing Wire
JANUARY 15, 2025
RE/MAX on Wednesday announced that it has hired Chris Lim as executive vice president and chief growth officer. Lim, who has 22 years of leadership experience in the real estate industry, will officially step into his new role on Feb. 3. Lim will focus on fostering franchise growth in key U.S. regions and ensure that existing franchisees have everything they need to succeed.
Inman
JANUARY 15, 2025
Are you anticipating some struggles this year from market forces, competition or other factors? What do you plan to do about it?
Housing Wire
JANUARY 15, 2025
First American Titles direct division is starting the new year off with a new division president. The big four title firm announced the appointment of Jim Dulle as the new division president on Wednesday. Dulles appointment comes as the previous division president, Janette Waller, is set to retire in March 2025. The company said Waller will remain on staff through March to help with the transition.
Real Estate News
JANUARY 15, 2025
The brokerage revised its fourth-quarter and full-year earnings forecast upward, also noting that it added more than 650 agents in Q4.
Housing Wire
JANUARY 15, 2025
What will happen to housing supply in the wake of the fires still burning in the LA area? Firefighters continue to battle the blazes that have already burned some 40,000 acres and killed at least 25 people , as of Wednesday. There are about 82,400 people in Los Angeles County that are still under evacuation orders, County Sheriff Robert Luna said to Reuters , and an estimated 12,000 structures have been destroyed.
Inman
JANUARY 15, 2025
Lim, who vacated the presidency of Christie's International Real Estate in 2023, will be tasked with growing RE/MAX at a time when the brokerage has struggled with falling revenue and U.S. agent count.
Housing Wire
JANUARY 15, 2025
With an adjustment for the New Year’s holiday, mortgage applications increased 33.3% from one week earlier, according to the Mortgage Bankers Association s (MBA) weekly mortgage applications survey, released today. This week’s reading, for the week ending Jan. 10, 2025, is a stark difference from last week’s applications , which reflected a seasonal lull following Christmas.
Inman
JANUARY 15, 2025
Jarrod Grasso will lead the trade group's efforts to "deepen engagement with state and local associations, MLS executives and other critical industry partners.
Housing Wire
JANUARY 15, 2025
Georgia has upped its defenses against deed fraud and title theft. Gov. Brian Kemp signed a new law, which went into effect at the start of the year, that creates a spate of new requirements for those filing property-related documents and notaries involved in electronic document filing. Georgia House Bill 1292 was enacted to ensure that the persons presenting electronic documents for recording provide identifying information, according to the state Legislature.
Inman
JANUARY 15, 2025
California Governor Gavin Newsom is stepping in to protect homeowners affected by the Palisades, Eaton, Hurst, Lidia, Sunset, and Woodley wildfires from unsolicited land offers. Newsom issued Executive Order N-7-25, which prohibits speculators from making "aggressive, unsolicited and undervalued" cash offers to homeowners across 15 Los Angeles ZIP codes for 90 days from Jan. 6.
Housing Wire
JANUARY 15, 2025
It may be a new year, but Howard Hanna Real Estate Services is picking up right where it left off. On Wednesday, the family-owned brokerage announced its acquisition of Ohio -based Home Experts Realty. Founded in 2011, Home Experts Realty has grown to nearly 400 agents. The financial terms of the deal were not disclosed. “Home Experts Realty has built a strong, values-driven foundation that aligns perfectly with Howard Hannas mission and culture, Shawn Adams, the president of Howard Hannas
Inman
JANUARY 15, 2025
Mortgage giant claims lenders who embrace automation enjoy fewer loan defects and cut loan production time and cost compared to lenders with lower technology utilization.
Housing Wire
JANUARY 15, 2025
The year 2025 will be transformative for real estate. Rising personal home insurance rates, fueled by escalating claims costs, increasing property values and the growing frequency of natural disasters, will all have a profound impact on market dynamics and homeowners insurance costs. For real estate professionals and mortgage lenders, these shifts present both challenges and opportunities.
Inman
JANUARY 15, 2025
Despite offering exorbitant bail packages, the brothers failed to sway prosecutors that they should be granted bond. They will be detained until their trial.
Housing Wire
JANUARY 15, 2025
Mutual of Omaha Mortgage , which rose to the No. 1 position on the reverse mortgage industry leaderboard for Home Equity Conversion Mortgage (HECM) endorsements in 2024, has responded to a September legal complaint by competitor Longbridge Financial. Mutual is denying allegations that it misled potential customers and is demanding a jury trial and for litigation to determine the monetary losses inflicted upon it by Longbridges alleged activities.
Eyes on Housing
JANUARY 15, 2025
Inflation edged up to a five-month high in December as energy prices surged, accounting for more than 40% of the monthly headline increase. Inflation ended 2024 at a 2.9% rate, down from 3.4% a year ago, although the last mile to the Feds 2% target continues to be challenging. While core inflation remained stubborn due.
Inman
JANUARY 15, 2025
Social media is a powerful tool for real estate agents, but knowing what not to post is just as important as knowing what to share. Expert Jessi Healey outlines the top mistakes to avoid, from posting too much to ignoring comments, so you can maintain a polished, professional and trustworthy online presence.
Eyes on Housing
JANUARY 15, 2025
Over the first eleven months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 912,910. On a year-over-year (YoY) basis, this is an increase of 8.2% over the November 2023 level of 843,654. Year-to-date ending in November, single-family permits were up in all four regions. The range of permit increases spanned.
Mortgagebroker News
JANUARY 15, 2025
The national market cooled to round out 2024, but CREA says better times may be in store
Lamacchia Realty
JANUARY 15, 2025
Behind the incredible REALTORS of Lamacchia Realty is a team of over 90 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.
Mortgagebroker News
JANUARY 15, 2025
Petition asks company to 'adopt a policy that respects and prioritises the well-being and preferences of its employees'
Lamacchia Realty
JANUARY 15, 2025
Behind the incredible REALTORS of Lamacchia Realty is a team of over 90 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.
Mortgagebroker News
JANUARY 15, 2025
The threat of a looming 'mortgage cliff' appears to have been averted by falling rates.
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