Housing Wire

APRIL 5, 2025

This year, we will achieve that target: 70% to 80% of home sellers are also buyers and this shift reflects a positive trend as we work towards a more balanced market. Last year, I estimated that a minimum of 80,000 homes would be listed every week during the peak seasonal months, and my prediction was only off by 5,000.

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Portland Appraisal Blog

DECEMBER 24, 2024

PEARL DISTRICT SUMMARY STATISTICS Taking the 35,000-foot view, we can see the average yearly prices have been steadily declining since 2016: Average prices this year are essentially the same as they were in 2015. The main reason for this decline is due to a couple of large high-rise condominium buildings being completed in 2016 and 2018. (We’ll

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Appraisal Buzz

NOVEMBER 6, 2024

The findings highlight the varying patterns for older Americans as shifting demographics, the pandemic, and overall buyer attitudes have impacted buying and selling decisions,” says Edward Seiler, executive director, Research Institute for Housing America, and MBA’s associate vice president, housing economics, in a statement.

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Housing Wire

SEPTEMBER 17, 2021

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. The report analyzes MLS data from 51 U.S. The report analyzes MLS data from 51 U.S.

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Housing Wire

JANUARY 9, 2023

Buyer behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these buyers depend heavily on them accurately anticipating what the retail market will look like in the next six to 12 months. percent, according to ATTOM Data Solutions.

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Housing Wire

MARCH 3, 2025

But we didnt really see any change in the buyer demand metrics until rates got closer to 6%. The best homes and the most buyers are here in the spring, so prices inch higher. Given the season, Id expect prices to step higher in the next few weeks but there are many signals of price weakness and low buyer demand.

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Housing Wire

AUGUST 24, 2024

Since the buyer’s commission payout isn’t as transparent as before, I have been anticipating delays in the home-buying process as people adapted to the new rules. Did the changes affect any of the housing data we track every week? Weekly inventory change (Aug. 23): Inventory grew from 698,473 to 704,744 The same week last year (Aug.

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Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. Often the buyer asks the real estate agent or lender for a recommendation, but we always encourage buyers to explore their options. On the East Coast, the buyer typically pays.

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Housing Wire

JULY 25, 2024

In fourth-quarter 2024, Radius said it plans to launch a private-label, client-facing app for brokerage partners to provide to home buyers and sellers. .” MLS data and e-signature features are integrated into the Office app, drastically reducing the time it takes for agents to execute offers and disclosures.

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Housing Wire

MARCH 5, 2024

Most home sellers are buyers of homes, so the action we are seeing this year is a healthy step in the right direction to get more balance in the housing market ,” Mohtashami wrote on Saturday. For context, active listings during the same time frame in 2015 were substantially higher at 958,304. Between Feb.

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Housing Wire

MARCH 24, 2021

Rascoff in October started the company with Austin Allison, the founder of dotloop, which Zillow bought in 2015. Buyers can own one-eighth to half of the vacation home. The release noted “60,000 aspiring buyers” looking on the website in mainly upscale Southern California markets including Malibu and Palm Springs.

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Housing Wire

DECEMBER 9, 2023

Here is the price cut percentage data for the same week in other years: 2023 38% 2022 42% 2021 27% As you can see, affordability is an issue, and the price cut percentage is higher now than in any period from 2015-2021, but still below 2022 levels. Now lets take a look at the weekly inventory data. the seasonal peak this year was on Nov.

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Appraisal Buzz

FEBRUARY 11, 2025

Weekly housing-market data goes back through 2015. Sellers are also noticing that even though there are fewer buyers in the market than usual, the buyers who are on the hunt are serious and willing to pay a fair price, Paolazzi said. Highlights: Four weeks ending Feb. 2, 2025 Four weeks ending Feb. to longest span since Feb.

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Housing Wire

MARCH 8, 2023

of all housing starts, the highest level since 2015. Cooling buyer demand and builder confidence led to slower single-family construction and a shift in builder focus to multi-family last year,” Hannah Jones, Realtor.com’s economic data analyst, said in a statement. However, an average of 94.5%

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Housing Wire

MAY 1, 2024

According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” Barton also touched upon the terms of NAR’s settlement agreement. Eighty-percent of all real estate transactions across the U.S.

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Housing Wire

JANUARY 22, 2025

According to Redfin , the year-over-year increase in December was the smallest annualized increase since 2015 and the second smallest since 2013. “Prices will keep going up consistently because its unlikely there will be enough new inventory to meet buyer demand, Bokhari said in the report. from Q4 2023 to Q4 2024.

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Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland.

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Housing Wire

SEPTEMBER 2, 2021

The company works to make purchasing a home easier by fronting prospective buyers the funds to make all-cash offers. It also allows sellers access to a network of pre-approved buyers to expedite the process. HomeLight’s tech lives amid the iBuyer realm with the likes of other heavy hitters Zillow and Opendoor.

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Housing Wire

JUNE 25, 2021

Per a recent report from Redfin , the typical iBuyer-owned home found a buyer after 13 days on the market — the quickest pace since at least 2015, when Redfin began recording iBuyer data. iBuying appears to be back, after the nation’s top iBuying companies purchased 4,383 homes in the first quarter of 2021 — up 20.6%

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Housing Wire

NOVEMBER 17, 2020

For buyers, Homie offers a client rebate of up to $5,000. Since its launch in 2015, the company says it has saved consumers $62 million in real estate commissions. According to the company, it’s the No. 1 broker in Utah and is currently in Arizona and Nevada, with plans to continue expansion.

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Housing Wire

DECEMBER 21, 2020

Qualia has raised $160 million in venture capital since its founding in 2015. Qualia’s research department reported recently that more than half of homebuyers prefer an entirely digital closing process, yet only 13% of recent home buyers reported having one.

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Housing Wire

AUGUST 21, 2023

533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. 658 Maxwell 890% 2015 Digitizes the mortgage-origination process for small to midsize banks, credit unions, and independent mortgage lenders. 4,105 FirstCloseFirstclose.

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Housing Wire

OCTOBER 26, 2023

During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022. It is human nature,” Frazier said.

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Housing Wire

APRIL 30, 2023

We have to remember that a conventional seller is usually also a traditional buyer, so new listings growing toward their seasonal peak throws cold water on the idea that no one will list their homes because they already have a low mortgage rate (the mortgage rate lockdown theory).

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Appraisal Buzz

OCTOBER 24, 2024

The Committee serves a critical advisory role to HUD by helping shape the direction of its Housing Counseling Program and providing guidance on how to better serve prospective buyers, homeowners, and renters with their housing needs.

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Housing Wire

NOVEMBER 25, 2023

Instead, let’s look at the future: If the 10-year yield can break under 4.34% with some kick from bond buyers, we have an excellent shot at getting under 7%. Most home sellers are buyers, and we want the new listings data to show growth year over year since it appears that we have formed a bottom in 2023.

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Housing Wire

MARCH 11, 2024

In early January, Proof , formerly known as Notarize , announced that it had helped sellers and buyers close $374 billion worth of real estate transactions since its founding in 2015, and that it had its sights set on California. NotaryCam is not the only RON platform looking at expansion in California.

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Housing Wire

APRIL 23, 2023

We also have to remember almost 30% of homes are still bought with cash, so housing demand doesn’t need to be 100% driven by mortgage buyers. However, for this week, we saw good week-to-week growth and the new listing data for this calendar week isn’t too far off from what we saw in 2022.

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Housing Wire

MAY 7, 2021

That hasn’t happened yet, as low inventory continues to cripple homebuilders and potential buyers, who don’t want to engage in ultra-competitive bidding wars. and Canada in 2006 signed a trade pact , the Lumber Softwood Agreement, that expired in 2015 without a replacement.

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Housing Wire

JANUARY 28, 2021

Today, both sellers and buyers expect to handle a majority of the process online. Roberts said that of those 303 counties, 44% saw market-rate rents rise more than voucher values from 2015 to 2020. Still, federal law does not prevent landlords from rejecting all housing vouchers. Presented by: 1 Percent Lists.

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Housing Wire

MAY 29, 2024

The changes are likely to put pressure on buyers’ agents and shrink the $100 billion annual commission pot by as much as $30 billion over time, according to analysts at Keefe Bruyette & Woods (KBW). And a 2015 paper in the Rand Journal of Economics predicted that a 50% reduction in commissions would result in 40% fewer agents.

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Housing Wire

JUNE 15, 2024

As most sellers are buyers, seeing more sellers listing their homes has been good. With more sellers who are buyers, we have a tad more demand this year. If mortgage rates head lower and stay lower, this contract data will grow, but we don’t see that growth in mortgage demand yet.

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Housing Wire

JUNE 28, 2023

David Dunn of advisory firm Province , the chief restructuring officer for Peer Street, cited in court filings that surging rates, reduced demand for mortgages, and declining institutional buyers’ appetite for below-current-market-rate loans led to the Chapter 11 case. Burry was one of PeerStreet’s first investors in 2015.

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Housing Wire

OCTOBER 20, 2020

Since channeling his frustrations with the mortgage borrowing process into co-founding Maxwell in 2015, Paasonen has been busy honing a technology-powered platform meant to delight borrowers with a streamlined experience for lenders. Scalable fulfillment built to empower community lenders.

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Housing Wire

JUNE 28, 2022

Fannie Mae has announced the winning bidder for the final mortgage pool that was part of its inaugural nonperforming loan sale of 2022 — and it’s nineteenth sale since the i na ugural offering in 2015. The loan pool, dubbed the Community Impact Pool (CIP), includes 120 loans with an unpaid principal balance of $36.3

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Housing Wire

APRIL 27, 2024

This isn’t saying too much since 2023 had the lowest recorded level of new listings ever, but it’s still a plus in my book.

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Housing Wire

APRIL 26, 2022

At issue is an NAR policy that the seller’s agent of a home must split their commission equally with a buyer agent. The pro-competitive, pro-consumer local broker marketplaces serve the best interests of buyers and sellers. NAR responded to the ruling Monday, and the trade group says it plans to appeal the decision.

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