Congress passes temporary funding extension to flood insurance program

Capping off a dramatic few weeks in Washington, D.C., the U.S. House of Representatives and the U.S. Senate have passed a continuing resolution that will fund the government through Dec. 20 — more than a month after Election Day, and just weeks before the new Congress is scheduled to be sworn in and
Read More26 must-have real estate marketing tools for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.It’s time to level up your real estate marketing game. But where do you begin? We know you didn’t get into real estate for the love of marketing or tech. Our
Read MoreAustin-area luxury team leaves The Agency for Compass

The Compass team in Austin is welcoming back one of its own. Luxury agent Mike Mogavero is returning to the brokerage after a stint with The Agency.Mogavero is also bringing Christen Lowe, his partner in the MOLO Group, with him. The pair topped $38.8 million in sales volume in 2023, with Mogavero a
Read MoreSigns of housing demand surge after interest rate cut

The question from the housing industry after the Federal Reserve’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market?A new report from Redfin suggests that it is already happening. The company analyzed mortgage rate-lock data from Optimal Blue and fou
Read MoreIs housing affordability improving? Two new reports say yes

Elevated mortgage rates have strained housing affordability for more than two years. With rates now falling — and more downward movement expected after the Federal Reserve‘s recent interest rate cut — two new reports suggest that affordability is getting better too.The third-quarter 2024 housing aff
Read MoreSimplist launches streamlined mortgage origination platform

New York-based Simplist Technologies, which has developed a consumer-facing mortgage platform, introduced a new software solution on Thursday for mortgage professionals that combines a loan origination system (LOS) with a point-of-sale system (POS).The integrated platform, known as Sonar, has artifi
Read MoreZillow teams with First Street to provide homebuyers with climate risk data

Homebuyers will soon have access to climate risk data on Zillow, according to an announcement on Thursday. Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood, wildfire, wind, heat and air quality through risk scores, interactive maps and insights
Read MoreFHA’s Julia Gordon reflects on housing successes, challenges at reverse mortgage conference

At the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego this week, Federal Housing Administration (FHA) Commissioner Julia Gordon addressed the assembled audience of reverse mortgage industry professionals and reflected on her time in the post as the Biden a
Read MorePreparation can ease the process of aging in place: WSJ

As a vast majority of older adults prefer to remain in their current homes as they age, a key to successfully aging in place lies in preparation and adequate understanding of the dwelling, according to a new examination by the The Wall Street Journal.The report cited 2021 data from Harvard Universit
Read MoreA month after seismic industry changes, real estate agents aren’t much more optimistic

In the six months since news of the National Association of Realtors‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by real estate
Read MoreStreetWire partners with MetroList on home value insurance product

Multiple listing services (MLSs) have a wealth of data, and one technology company thinks it has found an innovative way to use it.Real estate data company StreetWire has partnered with Northern California MLS MetroList to produce an insurance product called Home Value Lock. It’s designed to protect
Read MoreZillow introduces First Street's comprehensive climate risk data on for-sale listings across the US

NRMLA honors longtime service as CEO announces retirement

The first day of this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego wound down with an announcement that marks the end of an era.The association honored two of its most prominent past and present members with distinguished service awards. These wer
Read MoreWill Alabama Realtors’ efforts to change NAR membership lead to anything?

The Alabama Association of Realtors is calling out for change in national membership models. (Image created by AI in Midjourney.)The Alabama Association of Realtors (AAR) turned heads last week when it sent a letter to the National Association of Realtors (NAR) and asked for greater flexibility in a
Read MoreOlder adults are depicted more positively online, but work remains

Negative depictions of Americans ages 50 and older have lessened over a five-year period, with negative sentiment in online media and marketing images dropping from 28% in 2018 to 10% in 2023, according to research published this week by senior advocacy organization AARP.“The 50-plus population is p
Read MoreInvestors are purchasing fewer homes, but they still account for nearly 25% of sales

The share of single-family homes sold to investors peaked at nearly 30% at the start of this year, but these types of transactions dropped significantly in the ensuing six months, according to a CoreLogic report released Wednesday.Investor purchases began to decline in March 2024 and by June represe
Read MoreAfter industry criticism, FHFA revises changes to Suspended Counterparty Program

The Federal Housing Finance Agency (FHFA) announced on Wednesday it has changed its proposal to amend the Suspended Counterparty Program (SCP), offering a less severe version after several trade groups raised concerns about its impacts on the mortgage market. The SCP, established in June 2012 during
Read MoreReal Brokerage expands in 13 states with addition of 40-agent team

The Real Brokerage has scored a 13-for-1 deal. With the affiliation of the RealD2D Team, Real is adding 40 agents to its footprint in 13 different states, providing the company with the relatively rare opportunity to expand in more than one metropolitan area.RealD2D is led by agent and coach Duane R
Read MoreHow to be a successful real estate agent (without going broke)

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.No one gets into real estate to suffer career-ending, failure-to-launch syndrome. You got your license to be successful in real estate and take your life to
Read MoreMortgage applications rise to highest level since July 2022

Mortgage applications are now at their highest level in more than two years after an 11% jump during the week ending Sept. 20, according to the newest weekly applications survey from the Mortgage Bankers Association (MBA).The 11% increase in the MBA’s overall applications index — boosting the index
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