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The living area of a home that Wids DeLaCour Jr., an architect, designed to raise his family. Photo: Jake Di Pietro Studios Price: $6,500,000 ($1,273 monthly taxes) Specs: 5 bedrooms, 4.5 bathrooms Extras: Set up as a three-bedroom rental duplex upstairs with separate kitchen and an owner’s triplex with two bedrooms downstairs where the extras include a den, office, wet bar, and private garden. 10-minute walking radius: Brooklyn Heights Promenade, Montero’s Bar and Grill, The Long Island Bar, Books Are Magic Listed by: Kevin Carberry, Kevin Carberry Real Estate Margaret Jones was born in Brooklyn, and her family wanted her…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. In today’s digital-first, referral-driven world, traditional advertising alone isn’t enough to sustain a thriving real estate business. To keep a steady stream of leads and build lasting relationships, you must create a buzz that’s impossible to ignore. Here’s how you can position yourself as the agent everyone’s…

The mortgage rate increases of the past two months continued this week even as the pace of increases showed more signs of slowing. But rates have also crossed the 7% threshold once again, which could represent a mental hurdle for home shoppers. According to data at HousingWire’s Mortgage Rates Center, the average 30-year conforming rate rose 3 basis points (bps) during the past week to reach 7.02% on Tuesday. The average 15-year conforming rate of 6.98% remained the same as a week ago. Phil Crescenzo Jr., the Southeast division vice president for Nation One Mortgage Corp., thinks consumers and mortgage…

Home prices continued to rise in September, albeit at a more sluggish pace, according to dueling reports released Tuesday by the Federal Housing Finance Agency and the S&P Dow Jones Indices. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. U.S. home prices continued to rise in September, albeit at a slower pace, according to reports released by the Federal…

When I began working on this piece, I was told that the mortgage community as a whole—and loss mitigation professionals in particular—would be resistant to the message. But I don’t think that’s true. Because not only are we an industry that values the bottom line, we serve the spirit behind the American Dream of homeownership. If there is any segment of our economy that understands aspiration, it’s us. During the Great Recession, I had the opportunity and duty to work with thousands of families that had aspired to homeownership, but found themselves in varying stages of the default process. Whether…

Luz de Amor Eytalis took aim at rules that require “forced memberships” in local, state and national Realtor associations in order to access her local multiple listing service. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. A Texas broker is the latest to take aim at the National Association of Realtors’ divisive three-way agreement, a…

To better accommodate their needs as they age, baby boomer homeowners will likely need to renovate their homes to more easily accomplish goals related to aging in place and living in a safer, more comfortable dwelling. This is according to housing experts Jonathan and Drew Scott in a conversation with Yahoo Finance. The Scotts are the eponymous “Property Brothers” from the TV series of the same name, broadcast in the U.S. on HGTV. The show often features the brothers — one involved in real estate and the other involved as a contractor in renovations — locate homes, fix them up…

The Shee Group has done $114.6 million in volume so far this year. The team, led by Renna Shee, has affiliated with a KW market center in Cupertino, California. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Keller Williams has reason to give thanks this week after it recruited the California-based Shee Group away from Compass. In a statement…

The limit for federally backed reverse mortgages is increasing for the ninth consecutive year. The Federal Housing Administration (FHA) announced on Tuesday via Mortgagee Letter (ML) 2024-22 a maximum claim amount of $1,209,750 in 2025. That’s up $59,925 from the current limit of $1,149,825 for Home Equity Conversion Mortgages (HECMs), which equates to an increase of roughly 5%. HUD calculates this figure at 150% of the conforming loan limits on mortgages backed by Fannie Mae and Freddie Mac. The Federal Housing Finance Agency (FHFA) on Tuesday announced that conforming limits will increase to $806,500 in 2025. The annual FHFA announcement…

Mortgage giants will be allowed to back loans of up to $1.2 million in high-cost markets, providing ammo to critics who say goverment backing for mortgages adds to affordability woes. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Rising home prices are pushing the baseline conforming loan limit for mortgage giants Fannie Mae and Freddie…