• Baby boomer retirements squeezed by rising home insurance costs

    Baby boomer retirements squeezed by rising home insurance costs,Chris Clow

    The baby boomer generation is “slipping through the cracks” of the U.S. retirement system due to the rising prices of home insurance across the country, according to an analysis from online insurance marketplace Insurify.“A new source of financial strain on retiree budgets is homeowners insurance pr

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  • Six states approved for HUD disaster relief over the past two weeks

    Six states approved for HUD disaster relief over the past two weeks,Chris Clow

    Since Aug. 13, the U.S. Department of Housing and Urban Development (HUD) has announced disaster relief efforts across six states due to presidentially declared major disasters resulting from a hurricane, flooding, tornadoes and landslides.A few days after President Joe Biden issued a major disaster

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  • Starter home growth is sparking buyer activity: Redfin

    Starter home growth is sparking buyer activity: Redfin,Neil Pierson

    Affordable homes have long been in short supply for lower-income households, but data released Monday by Redfin showed positive signs for the starter-home segment.According to Redfin, pending sales of starter homes grew 10.2% year over year in July to reach their highest level since October 2022. Th

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  • Compass adds top-performing agent in Houston

    Compass adds top-performing agent in Houston,Jeff Andrews

    Compass is making progress on its goal of establishing a 30% market share in 30 of country’s top metro areas.The brokerage has expanded its roster in Houston with the addition of Natasha Simon, who brings $892 million in career sales across 1,200 transactions to the company. She was previously with

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  • NAR, Move named in new lawsuit alleging sale of fake leads

    NAR, Move named in new lawsuit alleging sale of fake leads,Brooklee Han

    The National Association of Realtors (NAR) is facing yet another lawsuit. The latest complaint, which is seeking class-action status, was filed on Friday by eight real estate agents in Los Angeles County Superior Court.The suit claims that NAR, along with Move Inc., Move Sales, OpCity Acquisitions,

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  • HomeLight raises $20M to expand Buy Before You Sell product

    HomeLight raises $20M to expand Buy Before You Sell product,Flávia Furlan Nunes

    Proptech HomeLight has raised $20 million to expand the offering of its Buy Before You Sell product to mortgage lenders and real estate agents across 40 new states, the company announced on Monday. Zeev Ventures, an early-stage venture fund, led the Series D extension, and was joined by Stereo Capit

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  • Rocket rolls out temporary rate buydown for lower-income households

    Rocket rolls out temporary rate buydown for lower-income households,Connie Kim

    Detroit-headquartered Rocket Mortgage on Monday rolled out a lender-paid 2-1 temporary buydown program for lower-income households.The program, dubbed “Welcome Home RateBreak,” is available to buyers purchasing a single-family home and earning 80% or less of their area median income (AMI). Rocket es

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  • Millennials want more space in the rental market

    Millennials want more space in the rental market,Michael Lucarelli

    As the housing market continues to be marked by high mortgage rates and record-breaking home prices across many U.S. regions, renting continues to play a pivotal role for millions of people. Currently, more than 44 million U.S. households rent their homes, a figure that is expected to continue to ri

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  • The best real estate brokerage software for 2024

    The best real estate brokerage software for 2024,Robin Brodsky, Emile L'Eplattenier

    Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job

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  • How to set up your real estate agent Facebook page to get more leads

    How to set up your real estate agent Facebook page to get more leads,Ashley Harwood

    Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.While they may not be as trendy as they once were, a well-crafted real estate agent Facebook page is still the best way to generate leads on social media. Yo

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  • Will the NAR settlement changes slow down home-buying?

    Will the NAR settlement changes slow down home-buying?,Logan Mohtashami

    It’s been one week since the NAR settlement changes went into effect. Did the changes affect any of the housing data we track every week? Since the buyer’s commission payout isn’t as transparent as before, I have been anticipating delays in the home-buying process as people adapted to the new rules.

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  • HUD reaches agreement with Texas county over alleged misuse of disaster buyout program

    HUD reaches agreement with Texas county over alleged misuse of disaster buyout program,Chris Clow

    The U.S. Department of Housing and Urban Development (HUD) on Friday announced an agreement with Harris County, Texas, to settle allegations of discrimination based on race and national origin in its “design and operation of its Post Disaster Relocation and Buyout Program.”While the county is party

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  • Why new-home sales had such a big beat

    Why new-home sales had such a big beat,Logan Mohtashami

    The new home sales report had such a big beat today that many people had to double-check the numbers — and I get it. The estimates were for 623,000 but the sales came in at 739,000. This isn’t my first rodeo with new home sales data and I believe these numbers will be revised lower, but a beat is a

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  • DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

    DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing,Jeff Andrews

    The Department of Justice (DOJ) continues to take aim at alleged antitrust violations in the real estate industry.The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially infla

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  • Montana’s reverse mortgage program could have room for industry collaboration

    Montana’s reverse mortgage program could have room for industry collaboration,Chris Clow

    Montana’s unique Reverse Annuity Mortgage (RAM) program is a state-sponsored reverse mortgage, with lower interest rates and proceeds along with a higher minimum qualifying age that distinguishes it from the Home Equity Conversion Mortgage (HECM) program through the Federal Housing Administration (F

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  • RE/MAX, Inside Real Estate announce expanded partnership

    RE/MAX, Inside Real Estate announce expanded partnership,Brooklee Han

    RE/MAX and Inside Real Estate are expanding their partnership. The firms announced the expansion on Tuesday at the RE/MAX Broker Owner Conference.The expanded partnership will bring the BoldTrail platform to all RE/MAX-owned brokerages across the U.S. and Canada.The strategic partnership between Ins

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  • Aging in place seen as leading ‘social barrier’ by seniors: study

    Aging in place seen as leading ‘social barrier’ by seniors: study,Chris Clow

    Aging in place is seen as a leading “social barrier“ to healthy aging in America in 2024, according to a new survey conducted by Alignment Health. The survey was first reported by McKnights Senior Living.“As more seniors choose to live independently and longer in their own homes, aging in place brin

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  • Agent movement cools as trepidation spreads across the market

    Agent movement cools as trepidation spreads across the market,Rob Keefe

    The latest data reflected in the Agent Movement Index (AMI) for July 2024 indicates a notable shift in the real estate agent landscape, highlighting a cooling trend in agent movement and an emerging caution in the market.Key observations from July 2024 AMI:Halting of agent growth: The recent trend o

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  • Worth Clark’s Ryan Michaelis talks recruitment strategy and brokerage growth

    Worth Clark’s Ryan Michaelis talks recruitment strategy and brokerage growth,Kennedy Edgerton

    In the newest episode of the RealTrending podcast, host Tracey Velt chats with Ryan Michaelis, chief growth strategist at Worth Clark Realty, about business growth through recruitment, flat-fee models for agents and the effects of the National Association of Realtors’ (NAR) settlement on buyers and

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  • FHFA proposes new three-year housing goals for Fannie, Freddie

    FHFA proposes new three-year housing goals for Fannie, Freddie,Chris Clow

    The Federal Housing Finance Agency (FHFA) this week published a final rule in the Federal Register that outlines housing goals for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and seeks to establish yearly standards to meet the goals.The proposed goals for 2025 through 2027

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