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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…
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. If an uptick in housing inventory and more favorable interest rates materialize in 2025, you’ll still need to find creative ways to generate buzz for your listings and expand your client network. Even amid the growing popularity of TikTok videos and Instagram reels, real estate open houses are still one of the best ways to get new clients in the door (quite literally!). Here’s a guide to making your open house a can’t-miss occasion, with creative open…
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 federal court has granted final approval to antitrust settlements reached with the National Association of Realtors and major real estate franchisor HomeServices of America, potentially closing the door on a tumultuous chapter in the history of the real estate industry. TAKE THE INMAN INTEL INDEX SURVEY FOR NOVEMBER The deals…
Mortgage infrastructure provider Pylon received a minority strategic investment from Citi and closed a deal to sell mortgages on its platform through the bank’s mortgage trading desk, the parties announced on Tuesday. Pylon, founded in 2022, has Peter Thiel, the co-founder and former CEO of PayPal, among its investors. The list also includes venture capital firms Conversion Capital, Allegis Capital, QED and Fifth Wall. Financial terms of the deal were not disclosed, but Pylon claims it has so far raised over $30 million in funding. Pylon delivers programmatic originations and capital through its enterprise-grade application programming interface (API), which serves…
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. Want to do more in your business? Inman Access offers insights and ideas from industry leaders designed to help you do more every day. Join Gary Ashton, founder of The Ashton Real Estate Group of RE/MAX Advantage; Mahsheed Parsons, broker-owner of Mahsheed Real Estate; Delinda Crampton, team leader of The Crampton…
A recurring theme of president-elect Donald Trump‘s campaign efforts is ramping up as his incoming administration intends to “seal the border” and deport millions of immigrants in 2025. This move has caused housing industry professionals to wonder how efforts to build more homes will hold up. In 2023, the housing industry accounted for 32.9% of all consumer spending, according to data from the U.S. Bureau of Labor Statistics (BLS). This share represented the largest portion of expenditures, easily outpacing transportation (17%) as the next closest category. A recent Redfin report highlighted a significant share of immigrants who occupy the construction…
Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and raises the floor in low-cost markets to $524,225. 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. Homebuyers putting as little as 3.5 percent down will be able to borrow at least $524,225 in low-cost markets…