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Not wasting any time following his Senate confirmation last week, Federal Housing Finance Agency (FHFA) Director Bill Pulte made a series of major changes to the boards of government-sponsored enterprises Fannie Mae and Freddie Mac according to filings with the Securities and Exchange Commission (SEC). The news was first reported by Inside Mortgage Finance.
CoreLogic has issued its Homeowner Equity Report (HER) for Q4 of 2024 which found that nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. CoreLogics HER shows that U.S. homeowners with mortgages (which account for roughly 61% of all properties) saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, which is less than the gain of $6,000 in Q3 2023.
Earlier this year, when mortgage rates soared to 7.26%, a cloud of worry hung over the housing market many feared that home sales would tumble in 2025, fueled by concerns about inflation and tariffs. But when it seemed doom and gloom would prevail, the 10-year yield dropped, pulling mortgage rates lower in a lovely slow dance. This unexpected turn of events breathed new life into the market, pushing purchase application data into positive territory for the year.
Timing is crucial in a difficult real estate market, and this year, the Realtor.com Best Time to Sell study indicates that the best time for sellers to discover the best balance of market circumstances is between April 13 and April 19. If 2025 follows the seasonal trends of the past few years, sellers who list their property this week may see more buyers in the market, sell their home more quickly, and receive an average of $27,000 more than they would at the beginning of the year.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Wait, are short sales back? Yes, they are. But let’s unpack what this means and sift through the hype. Also, I have some thoughts about comp selection and VA carnage. I’d love to hear your take in the comments. UPCOMING SPEAKING GIGS: 3/20/25 HomeSmart iCare Realty 4/2/25 SAFE Credit Union (RSVP here) 4/10/25 Yuba-Sutter Association […] The post Short sales are BACK (sort of) first appeared on Sacramento Appraisal Blog.
In this part, we look at modeling, the third acceptable method. What kind of a method is modeling? Thats pretty broad. Editors Note:Read the entire series (so far) here. A common definition of model is a small representation of something. More formally, its an abstract/logical depiction to improve understanding of prediction. The Fannie Mae GSE […] The post Modeling the Time?
In this part, we look at modeling, the third acceptable method. What kind of a method is modeling? Thats pretty broad. Editors Note:Read the entire series (so far) here. A common definition of model is a small representation of something. More formally, its an abstract/logical depiction to improve understanding of prediction. The Fannie Mae GSE […] The post Modeling the Time?
Learn from real estates best and brightest in the business, all while growing your network and meeting like-minded passionate and driven professional peers.
An examination of U.S. home prices by Redfin has found that the Midwest is home to three of the five metro areas where home prices are rising fastest. In Milwaukee, the median home sale price rose a record 20% year-over-year in February to $330,000the biggest jump among the 50 most populous metros. Milwaukee was followed by Detroit, Michigan (12.5%); Nassau County, New York (11.7%); San Jose, California (11.1%); and Cleveland, Ohio (10%).
Gino Blefari denied a Wall Street Journal report of acquisition talks with Compass, saying there are no discussions, negotiations or agreements taking place.
Sawmill and wood preservation firms reported lower capacity utilization rates coupled with level production and capacity throughout 2024. Despite no growth in production in 2024, utilization rates have trended downwards since 2017 as sawmills have expanded production capability. Even with more production capability, real output has not followed as output remains lower than 2018.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Keeping sellers in the loop isnt just about providing updates, coach Darryl Davis writes. Its about reinforcing confidence and, more importantly, earning their trust.
Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. Both of these data lines are currently still at the levels we saw in the early part of the COVID-19 recession. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits.
As housing affordability reached its lowest point since 2006, one group stood out in defying market trendssingle women. In 2024, the homeownership rate among single women rose slightly to 51.9%, up from 51.8% in 2023. This modest increase continues a recovery from its 2016 low of 49.3% and contrasts sharply with the overall homeownership rate, which declined due to affordability challenges.
The brokerage giant "is in advanced talks" to buy HomeServices of America, the real estate arm of Warren Buffet's empire, the Wall Street Journal reports.
Originally published on 11/05/2015 Using mobile forms? Check out this hidden trick to streamline your form-filling experience When creating digital forms for business operations, such as an employee evaluation template or a digital invoice , optimizing the user experience is essential. One often overlooked way to streamline form completion is setting the correct default keyboard for template fields.
Billion-dollar deals arent just making headlines; theyre reshaping the industry, consultant Chris Pollinger writes. The subsequent impact will be felt by every agent, brokerage and homebuyer in the game.
Fluctuating interest rates have been a feature of the housing market over the last three years. As mortgage rates rose, homebuyer demand slowed and inventory grew. In 2025, mortgage rates have stayed stubbornly high for yet another spring buying season. Today, home sales still remain super slow. Our 2025 housing market predictions are based on the assumption that lower mortgage rates will spur demand and boost the number of homes sales transactions.
William Pulte ousts board members, adds new ones, including a DOGE-affiliated engineer. Plus, HUD floats affordable housing proposal, the CFPB clings to life.
Via Unsplash The first quarter of 2025 is already drawing to a close, but let’s take the time to review how the Portland Region’s condominium market performed in 2024. High mortgage interest rates have been a concern in all segments of the housing market and condominiums were no exception. To be direct, 2024 was not a great year for condos.
Los Angeles Mayor Karen Bass seems to be warming up to the idea of pausing the controversial ULA Tax as the city recovers from destructive wildfires, but it is unclear how she could do it.
At the end of 2024, I wrote that the homebuilding sector could be a potential wildcard for 2025 and that was before the new tariffs on building materials and firing of federal workers. If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important? To avoid a job loss recession, closely monitoring the homebuilding industry is essential.
For generations, attaining homeownership was considered the cornerstone of the American Dream. However, a new survey by Cortland suggests that perception is rapidly changing. Nearly half of American renters (43%) say renting has enhanced their quality of life compared to owning a home. Among these renters, the top reasons cited for their improved lifestyle include affordability (59%), location convenience (51%), and maintenance-free living (49%).
Property taxes are a significant expense for homeowners. If you believe your property is assessed at a value higher than its fair market value, you have the right to appeal your property tax assessment. A successful appeal can result in a lower tax bill, saving you money each year. Understanding Property Tax Assessments Property tax assessments are conducted by local government assessors (town, city, or county).
There were 11 contract signings at $10 million-plus last week, and the city's priciest closing was on a downtown condo that sold in an off-market deal for $60 million.
The state of the U.S. housing market particularly its levels of affordability, available inventory and accessibility for those with mobility or cognitive challenges presents a unique challenge for older Americans on fixed incomes. This has led to a failure to properly serve the senior cohort. These are the assertions of a report published last week by the Urban Institute.
How important is flood insurance?Homebuyers who are lookingto purchasein a Special Flood Hazard Area (SFHA) may encounter challenges even after obtaining financing and getting ready to close because they cannot proceed without it. The National Association of Realtors (NAR) analyzes how the NFIP promotes and impacts local and national home sales and economic activity in a new report.
Economic uncertainty could slow sales during the peak season, but listing in April or May remains a good bet. In some metros, selling season starts now.
In a widely anticipated move, the Federal Reserve remained on pause with respect to rate cuts at the conclusion of its March meeting, maintaining the federal funds rate in the 4.25% to 4.5% range. While the central bank acknowledged that the economy remains solid, it emphasized a data- and policy-dependent approach to future monetary policy.
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Employment in the Washington, D.C. housing market is anything but stable right now and residents are feeling it. According to D.C.’s Department of Employment Services, nearly 12,000 federal employees have filed initial unemployment claims amid widespread cuts enacted by Elon Musk and his DOGE agency. We’re tracking the Washington D.C. housing market using weekly data from Altos, which includes more than 60 different data points on every metro area in the country, to see how employme
With all the revolving housing market trends going around, whats the new symbol of status? A lease. More affluent Americans are choosing to rent rather than buy a home, particularly in Sun Belt cities that saw a sharp rise in population during the pandemic. A new Redfin report showed that in recent years, wealthy renters have increased their share of the rental market in over three-quarters of the most populated U.S. metropolitan areas (35 out of 50), with Raleigh, NC, and Orlando, FL,leading th
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