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Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Notably, purchase applications show growth both year-to-date and year-over-year. Additionally, our weekly pending contract data and new listings are trending positively compared to last year.
Redfin has conducted a survey of its agents across the industry to gauge key insights into the challenges and opportunities facing todays real estate professionals. In its 2025 Industry Survey , Redfin dug deeper into how real estate agents view their careers, the housing market, and other hot-button industry issues. The 2025 Industry Survey highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry
Detroit-based fintech platform Rocket Companies has announced the acquisition of Mr. Cooper Group Inc. in an all-stock transaction for $9.4 billion in equity value. After the acquisition, Rockets combined servicing book will be worth a reported $2.1 trillion across nearly 10 million clients, or one in every six mortgages in America. Servicing is a critical pillar of homeownershipalongside home search and mortgage origination, said Varun Krishna , Rocket CEO.
NAHB recently released its 2025 Priced-Out Analysis, highlighting the housing affordability challenge. While previous posts discussed the impacts of rising home prices and interest rates on affordability, this post focuses on the related U.S. housing affordability pyramid. The pyramid reveals that 70% of households (94 million) cannot afford a $400,000 home, while the estimated median.
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
The gap between buyers and sellers has been growing, but are we about to have an Indiana Jones moment in the housing market? I think many people are wondering that, so let’s talk about it. UPCOMING SPEAKING GIGS: 4/4/25 Gateway Properties (private) 4/10/25 Yuba-Sutter Association (register here) 4/15/25 Culbertson and Gray (private I think) 4/18/25 […] The post Indiana Jones & the growing gap between buyers and sellers first appeared on Sacramento Appraisal Blog.
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group.
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group.
Florida’s long-standing reputation as America’s affordable sunshine paradise is rapidly dimming under the weight of skyrocketing housing costs, unsustainable insurance premiums and crumbling infrastructure, according to a new report from real estate analytics firm Cotality. The study reveals a state at a critical crossroads, with early warning signs mirroring California ‘s housing collapse that triggered a mass exodus of residents.
According to Fannie Maes Economic and Strategic Research (ESR) Group , mortgage rates are now expected to end 2025 and 2026 at 6.3% and 6.2%, respectively, downward revisions of three-tenths for each. Research from the ESR Group found that the lower mortgage rate outlook resulted in a small upward revision to existing-home sales outlook in 2025, though expectations for total home sales remain subdued.
The Appraisal Institute is embroiled in yet another scandal, and this time it involves widespread fraud and cover-ups at the highest levels of the organization. Alissa Akins, a former director at AI, blew the whistle on a long-running scheme where the nonprofit knowingly misreported test scores to state regulators, potentially allowing unqualified appraisers to get licensed.
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.
A new website soliciting plaintiffs for a possible class-action suit against the Washington MLS asks homeowners if they've sold in the state and seen "a price drop or significant days on market.
Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. The Detroit-based fintech , which is also in the midst of acquiring real estate brokerage and home search portal Redfin for $1.75 billion , is paying an equity value of $9.4 billion in stock, the companies said in a statement early Monday morning.
Private residential construction spending increased by 1.3% in February, rebounding from a 1.2% dip in January. The growth was largely driven by higher spending on single-family construction and residential improvements. On a year-over-year basis, the February report showed a 1.6% gain, indicating a modest growth in private residential construction spending during market uncertainties.
The $3.95 million settlement aligns with NAR math, but unlike NARs agreement, allows the Massachusetts MLS to continue displaying offers of compensation.
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.
Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7 percent this year.
Mortgage rates have reached the lowest levels of the year today as the 10-year yield dropped significantly on tariff news. The stock market reacted negatively to the news regarding tariffs, resulting in significant selling and a shift towards the bond market. In this week’s Housing Market Tracker , I mentioned that the 10-year yield level was stubbornly resistant and that we needed bad news to break through it.
According to a ValuePenguin survey of nearly 2,000 U.S. consumers , two in three home insurance policyholders said their rates rose in 2024. The survey found that, in just a year, the rate of home insurance policyholders who worry their homes will become uninsurable nearly doubled, with 50% of policyholders fearing this will happen, up from 26% in 2024.
Manufactured homes play a measurable role in the U.S. housing market by providing an affordable supply option for millions of households. According to the American Housing Survey (AHS), there are 7.2 million occupied manufactured homes in the U.S., representing 5.4% of total occupied housing and a source of affordable housing, in particular, for rural and.
Countering criticism from Compass Robert Reffkin, the CEO of the Washington-based MLS said private networks are designed to benefit brokerages, not consumers.
Kenneth DeGiorgio now faces a criminal assault charge following an incident aboard the Virgin Voyages Resilient Lady cruise ship, according to an FBI criminal complaint.
There are three big trends in the spring 2025 housing market: Supply continues to build. This is measurable in both the total unsold inventory and the number of new listings each week. Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates.
As more properties came ontothe market and overall inventory increased for the 17th consecutive month, the U.S. housing market showed signs of a sustained recovery this spring, according to Realtor.com s March Housing Trends Report. Nonetheless, increasing price reductions and declining pending house sales indicate that buyers are being cautious, most likely as a result of the uncertain economic climate and customers growing anxieties about their individual financial circumstances.
Make equipment management a breeze with digital data Managing construction equipment efficiently ensures smooth project operations, minimizing downtime, and optimizing resource allocation. Traditional paper-based equipment tracking processes often lead to misplaced records, delayed updates, and human errors, impacting project timelines and costs. Challenges such as inefficient paper processes, lack of real-time data, compliance and safety risks, and poor communication create further inefficienci
The number of households that can only afford homes under $300K far exceeds the supply at that price point, while there is a glut of homes valued at $2M and up.
U.S. District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers.
Two-thirds of U.S. homeowners saw their insurance rates increase in 2024, according to a recent survey by ValuePenguin. Amid escalating costs , many policyholders worry their homes could become uninsurable in the future, while some have already received nonrenewal notices from their insurers. The survey of nearly 2,000 consumers found that 67% experienced rate increases in 2024, down slightly from 72% in 2023.
According to the National Association of Realtors 2025 Home Buyers and Sellers Generational Trends report, baby boomers now comprise the largest generational group of home buyers in a shift that underscores the changing dynamics of todays housing market. The report examines the similarities and differences among recent homebuyers and sellers across generations, and found that the combined share of younger boomers (ages 6069) and older boomers (ages 7078) rose to 42% of all homebuyers in the past
News & Media yongyuan, E+, Getty Images Source: [link] The Rise of Multi-Generational Home Buying By Amethyst Marroquin Multi-generational living offers families financial and emotional support, stronger bonds and shared caregiving responsibilities, NAR research found. CHICAGO The concept of multi-generational housing homes that have adult siblings, adult children over the age of 18, parents and/or grandparents residing with the primary home buyer has been gaining traction over the past d
Coach Melanie Klein profiles title industry executive Shauna Skarin and learns how she leveraged the power of real estate to create a space for herself in industry leadership.
Baby boomers have overtaken millennials as the largest share of homebuyers , making up 42% of all purchases in the past year, according to a report from the National Association of Realtors (NAR). Millennials, who previously led home-buying trends, now account for 29%, down from 38% the previous year. NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market.
One Real Mortgage , the mortgage broker arm of The Real Brokerage Inc., is setting a new standard for loan officer empowerment with the launch of an innovative recruiting and coaching compensation program, and an exclusive stock awards program. These industry-first initiatives aim to reward entrepreneurial excellence, offering LOs opportunities to build wealth while contributing to the companys continued growth.
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