Amid a climate crisis, some good news for Florida’s housing market

The Florida housing market faces an outsized risk from weather events and larger climate issues. The state has the longest coastline in the lower 48 and its average elevation is just 100 feet. That low-lying land is prime real estate, with 16.2 million people living in coastal areas primed for damag
Read MoreiHomefinder taps SaaS veteran Womack to lead sales team

iHomefinder is hoping to bolster its business with a new hire. The real estate technology provider has added sales veteran Bryson Womack as vice president of sales, a move that took effect this week. Womack has more than 30 years of experience as a CEO, founder and sales executive.“Bryson has a prov
Read MoreReverse mortgage advocates talk product misconceptions and advancements: Morningstar

Reverse mortgage products have a lot of potential utility for older American homeowners, but many consumers remain skeptical of their usefulness due to lingering reputational problems and institutional aversions, despite becoming more regulated in recent years.This was part of a series of perspectiv
Read MoreTennessee AG turns Graceland investigation over to federal authorities

The office of Tennessee Attorney General Jonathan Skrmetti has passed an investigation into an attempted fraudulent foreclosure auction of music icon Elvis Presley’s former home to federal authorities, according to reporting from the The Associated Press (AP).The famous home known as Graceland was p
Read MoreThe best real estate software 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 hard to overstate how dramatically real estate software has changed over the last few years. We went from clunky, slow, and expensive CRMs to AI-powered
Read MoreMajority of agents disapprove of NAR’s handling of the commission lawsuits

Sixty-two percent of survey respondents say they disapprove of the National Association of Realtors’ recent performance, according to T3 Sixty’s NAR Midyear Flash Poll published on Tuesday.The real estate consultancy’s survey was conducted in May prior to NAR’s midyear conference. It was distributed
Read MoreSaving for a down payment can take decades for minimum-wage workers

The upfront cost of homeownership can be a difficult prospect even for households with higher income levels. A study released Wednesday by personal finance website BadCredit.org illustrates that, in some states, it’s next to impossible for minimum-wage workers.To calculate the amount of time it take
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Home appraisals are critical to the home buying and selling process. While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also torpedo an asking price or cause a lender to rescind its financing offer. But that’s not all a home ap
Read More Austin independent brokerage joins Keller Williams

Austin-based independent brokerage TJ Lewis Real Estate is affiliating with Keller Williams, according to an announcement on Tuesday.According to the news release, TJ Lewis will affiliate directly with Keller Williams’ Austin Southwest market center.The firm is led by broker Topher Rogers, who is ma
Read MoreDenver-area Realtor associations release statement on REcolorado sale

REcolorado was surprised to learn this week that its primary shareholders — the Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA) — have agreed to sell the company to a private equity firm. REcolorado — which is the 16th-largest MLS in the country wit
Read MoreConnecticut indy brokerage joins Coldwell Banker Realty

Stamford, Connecticut-based independent brokerage NewBridge International Realty Group is affiliating with Coldwell Banker Realty, according to an announcement on Tuesday.“We are thrilled to welcome branch NewBridge International Realty Group to Coldwell Banker Realty,” Jennifer McCoy, vice presiden
Read MoreXactus hires Joseph Peterson as CFO

Xactus, a Pennsylvania-based mortgage technology firm that specializes in borrower verifications, announced Tuesday that it has hired Joseph Peterson as chief financial officer.Peterson will be responsible for the company’s overall financial operations. He will manage the strategic direction of the
Read MoreReverse, forward mortgage associations urge full funding for Ginnie Mae

The Mortgage Bankers Association (MBA) this week submitted a letter to congressional leaders in the U.S. House of Representatives and U.S. Senate, urging them to endorse full funding for Ginnie Mae in order to ensure maximum liquidity for the government-backed corporation’s mortgage-backed securitie
Read More‘Emotional attachment’ may prolong seniors’ moving timelines: Opendoor

Baby boomers and members of Generation X are staying in their homes for longer, which may be due to the high level of emotional attachment they have in their homes.This is according to a new report from Opendoor, which describes emotional attachment to the home as “an oft-ignored consideration in re
Read MoreConsumer advocates call California Realtors’ buyer rep agreement ’unreadable’

A report released Tuesday by the Consumer Federation of America (CFA) found that the California Association of Realtors’ (CAR) buyer representation and broker compensation agreement is “virtually unreadable.” The release notes that the CFA sent this analysis to the Department of Justice (DOJ) two we
Read MoreRocket Mortgage continues push into AI with Instabase partnership

The number of homebuyers who enjoy the process of getting a mortgage might be able to be counted on one hand. And while taking out a six- or seven-figure loan is probably never going to be fun, Rocket Mortgage has a plan to at least make it easier.The country’s largest mortgage lender announced a pa
Read MoreCFPB turns rulemaking eye toward AI use in automated home appraisals

The Consumer Financial Protection Bureau (CFPB) this week announced the approval of a new rule that aims to govern “current and future applications of complex algorithms and artificial intelligence used to estimate the value of a home.” The rule specifically targets automated valuation models (AVMs)
Read MoreBuilding stronger communities: A blueprint for a community-centric business

In an era where businesses are increasingly expected to contribute to the well-being of their communities, finding the sweet spot between local engagement and national growth can feel like an impossible challenge. However, tailoring your business model to resonate with the communities you serve buil
Read MoreSouth River president on 2024 reverse mortgage industry’s competitive landscape

Top 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths. In addition to offering a proprietary reverse mortgage product option and transitioning last year from a broker to a direct lender, the company is focusing on its core business while staying engaged wit
Read MoreSeattle documents renovation programs, tax relief for aging in place

The Seattle area is a hot housing market. According to Zillow, the average home price in the Emerald City is currently $884,828, up 4.3% year over year. As home values have risen sharply, this has made the conundrum facing the area’s seniors more difficult to navigate: If they need to downsize, they
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