Housing Wire

MARCH 6, 2025

For example, from 2015 to late 2019, inventory levels remained above 7,000 for single-family homes. New listings remain low as owners lock in Altos’s data for new listings accounts for single-family homes that come to market without an immediate or pending contract. housing market over the next few months. housing market.

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Inventory New Listings Government Housing Market 344

Housing Wire

MARCH 8, 2025

Weekly pending sales The latest weekly pending contract data from Altos offers valuable insights into current trends in housing demand. Weekly pending contracts for the past week over the past several years: 2025: 323,456 2024: 334,017 2023: 314,696 We have a better day on purchase applications but pending home sales, nothing of note.

Mortgage 451

Mortgage Inventory New Listings Housing Market 451

Housing Wire

FEBRUARY 23, 2025

Weekly pending sales The latest weekly pending contract data from Altos Research offers valuable insights into current trends in housing demand. We will monitor the data closely in February and discuss this and other housing economic topics at our big Housing Economic Summit on Feb. 26 in Dallas. Weekly inventory change (Feb.

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Government Mortgage Inventory New Listings 468

Housing Wire

MARCH 3, 2025

There are 324,000 single-family homes in contract to sell right now. The takeaway from the pending sales numbers is that it takes roughly 35 days on average for sales to close, so homes in contract now will generally close in March. Home prices The median price of those newly pending contracts came in at $389,900 this week.

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New Listings Inventory Contracts Sellers 374

Housing Wire

OCTOBER 3, 2024

According to the counterclaim, in 2015 while working for Keller Williams, Team was asked to build a platform for the firm. In order to do this, Team formed EMC, and a former colleague formed Aika, which subsequently obtained a contract to build the software for KW.

Contracts 434

Contracts Legal Technology Real Estate 434

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

Marketing 88

Marketing Advertising Appraisal Inventory 88

Housing Wire

JUNE 4, 2024

Supreme Court rejected a challenge to its funding mechanism in mid-May, the Consumer Financial Protection Bureau (CFPB) is now targeting the use of what it deemed ”unlawful or unenforceable” terms and conditions in contracts. A Supervisory Highlights from the Summer of 2015 refers mainly to home equity installment loan agreements.

Legal 448

Legal Contracts Law Lending 448

Housing Wire

OCTOBER 13, 2024

Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. National data: Weekly inventory change (Oct. 11): Inventory fell from 734,290 to 732,410 The same week last year (Oct. Recently it has been minimal but history says that doesn’t last, especially if rates go higher.

Inventory 511

Inventory New Listings Retail Mortgage 511

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. “Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago.

Contracts 397

Contracts Buyers Brokerage Inventory 397

Housing Wire

JULY 13, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 38% 2023: 33% 2022: 33% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. These are live weekly contracts, compared to the purchase application data, which looks out to 30-90 days.

Mortgage 514

Mortgage New Listings Inventory Contracts 514

Housing Wire

JUNE 29, 2024

2015 81,875 2016 80,293 2017 84,293 2018 98,972 2019 87,278 Now, let me show you what stressed sellers’ data looks like. Here are the price-cut percentages for last week over the previous few years: 2024: 38% 2023: 32% 2022: 31% Pending sales Below is our weekly pending contract data year-over-year to show real-time demand.

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New Listings Inventory Contracts Sellers 415

Housing Wire

SEPTEMBER 28, 2024

Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently. Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Sept.

Mortgage 525

Mortgage Inventory New Listings Contracts 525

Housing Wire

JULY 6, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 38% 2023: 33% 2022: 32% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. With more sellers who are buyers, we have a tad more demand this year. Last week, we returned close to recent lows.

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Housing Market Mortgage Inventory Marketing 476

Housing Wire

JULY 27, 2022

Trident, which ceased doing business in 2021, will have to contract with a lender to open offices in minority areas and conduct outreach. It must also contract with a lender to administer $18.4 The complaint alleged that 64 of Trident’s 68 loan officers in Philadelphia from 2015 to 2019 were white.

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Loan Officers Mortgage Law Contracts 418

Housing Wire

SEPTEMBER 27, 2023

That is Maxwell’s second acquisition since its inception in 2015. According to Paasonen, when the housing market is contracting, Maxwell is doubling down on its origination infrastructure to become a “one-stop shop for lenders.” The financial terms of the transaction have not been disclosed.

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Lending Technology Loan Officers Clients 468

Housing Wire

AUGUST 24, 2024

The last time we saw this kind of effect was when mortgage lenders had to start incorporating TRID in 2015 — it created a one-month crash in existing home sales because it just took a bit longer to close a deal. The following month, those sales rebounded as everyone finds a rhythm in how to operate. Weekly inventory change (Aug.

Inventory 504

Inventory New Listings Sellers Mortgage 504

Housing Wire

MAY 1, 2024

Barton added that since 2015, Zillow has shrunk its Premier Agent partner base by roughly 60%, while increased its Premier Agent revenue by more than 2.5

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Real Estate Agents Contracts Real Estate Agent 467

Housing Wire

JUNE 15, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 36% 2023: 31% 2022: 27% Pending sales Below is our weekly pending contract data on a year-over-year basis to show demand in real time. As most sellers are buyers, seeing more sellers listing their homes has been good.

Mortgage 508

Mortgage Inventory Marketing New Listings 508

Housing Wire

JUNE 22, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 37% 2023: 32% 2022: 29% Pending sales Below is our weekly pending contract data year-over-year to show real-time demand. This contract data will grow if mortgage rates head lower and stay lower.

Mortgage 482

Mortgage Inventory New Listings Contracts 482

Housing Wire

JULY 20, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 34% 2022: 35% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Compared to the purchase application data, these are live weekly contracts, where purchase apps data looks out 30-90 days.

Inventory 526

Inventory New Listings Contracts Mortgage 526

Housing Wire

AUGUST 22, 2024

I could always show it and then negotiate up the BBC in the contract but figured, why go through the hassle when we have three other great listings paying 2.5-4%. Please tell your sellers for me,” one text cited in the complaint stated.

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Realtors Buyers Real Estate Brokerage 482

Housing Wire

OCTOBER 26, 2022

Meanwhile, the seasonally adjusted purchase index declined 2% from a week earlier, hitting its slowest pace since 2015, and down 42% from this time last year. The refinance index was essentially unchanged, increasing marginally by 0.1% from the week prior, but was 86% lower than the same week one year ago.

Mortgage 396

Mortgage Retail Contracts 396

Housing Wire

APRIL 18, 2024

She also included allegations of breach of contract, misappropriation of likeness and tortious interference with prospective contracts. In a lawsuit filed in late February in New Jersey, she accused G-Rate, Joseph Moschella and Jon Lamkin of violating New Jersey laws regarding discrimination, equal pay and unfair competition.

Loan Officers 476

Loan Officers Human Resources Contracts Mortgage 476

Housing Wire

FEBRUARY 23, 2024

Alleged promises by Ginnie Mae That contention, however, does “nothing to undermine TCB’s claim that Ginnie Mae lacked statutory authority to extinguish TCB’s interest in its collateral, which was not only separate from the servicing rights but also subject to no contract between TCB and Ginnie Mae,” the filing reads.

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Government Contracts Finance Lending 446

Housing Wire

NOVEMBER 3, 2023

Change accused Levine of committing fraud and breaching his contract with the firm to advance his scheme to extort Change and its principals for over $10 million. In 2015, Levine’s former employer, TPG Global, also sued him for taking confidential documents and distributing them to media outlets after being denied a promotion.

Lending 435

Lending Finance Legal Contracts 435

Housing Wire

JUNE 8, 2024

Here are the price cut percentages for last week over the previous few years: 2024: 36% 2023: 31% 2022: 26% Pending sales One of the new data lines we will start incorporating in the tracker is Altos’ pending contract data — this will give people a better idea of how future sales will go.

Mortgage 508

Mortgage Inventory New Listings Contracts 508

Housing Wire

NOVEMBER 9, 2022

The seasonally adjusted purchase index increased 1% from the prior week, the first rise after six weeks of declines, but remained close to 2015 lows, said the MBA. The survey, conducted weekly since 1990, covers 75% of all U.S. retail residential mortgage applications. The index dropped 41.4% compared to a year ago.

Mortgage 397

Mortgage Retail Contracts 397

Appraisal Buzz

OCTOBER 4, 2021

Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. MCLEAN, Va. for those in White tracts, leading to a gap of 5.2%.

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Valuation Appraisal Contracts Finance 370

Housing Wire

JUNE 6, 2023

Mid Valley, which started doing business with UWM in June 2015, sent at least 62 mortgages to Rocket and Fairway, the lawsuit claims. Mat Ishbia , UWM president and CEO, said in a statement, “It’s very unfortunate to see a company like Mid Valley breach their contract, but we’re going to continue to do what’s right for the broker community.”

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Brokerage Contracts Legal Business 370

Housing Wire

FEBRUARY 25, 2022

The Pontiac-based wholesale lender filed two lawsuits on Wednesday in Michigan federal court accusing broker partners of breach of contract for originating mortgages to its competitors. A warranty in the addendum said that if brokers submitted loans to Rocket or Fairway, it would constitute a breach of contract.

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Contracts Investing Brokerage Mortgage 370

Housing Wire

DECEMBER 14, 2024

Additionally, our pending contracts are still reflecting double-digit year-over-year growth. Weekly pending sales The weekly pending contract data from Altos Research gives us a great peek into real-time housing demand. Lets look at this weeks Tracker data to see if this trend can continue for the rest of 2024.

Mortgage 448

Mortgage Inventory New Listings Contracts 448

Housing Wire

AUGUST 17, 2024

2023: 36% 2022: 39% Weekly pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Weekly inventory change (Aug. 9-August 16): Inventory grew from 692,752 to 698,473 The same week last year (Aug.11-Aug We are only showing an pinch of growth year over year.

Inventory 518

Inventory Mortgage New Listings Contracts 518

Housing Wire

AUGUST 4, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 35% 2022: 38% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Weekly inventory change (July 26-Aug. 2): Inventory grew from 677,246 to 683,728 The same week last year (July 27-Aug.

Mortgage 518

Mortgage Inventory New Listings Housing Market 518

Housing Wire

APRIL 13, 2024

We saw an excellent rebound in our pending contracts data last week and the inventory growth data from week to week. I am a big fan of the inventory growing year over year based on new listing data, and this is a big plus for the housing market. Here is the price-cut percentage for last week over the last several years: 2024: 32.1%

Inventory 505

Inventory Mortgage New Listings Retail 505

Housing Wire

MAY 18, 2024

The moves haven’t been significant and our weekly pending contracts data picked up this week. I usually wouldn’t care too much about this as its a data line that can be volatile week to week but now it’s been three weeks. But, we need to see more growth in new listings data just to grow from 2023 levels.

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New Listings Inventory Mortgage Contracts 501

Housing Wire

SEPTEMBER 15, 2024

2023: 37% 2022: 41% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Sept. 13): Inventory rose from 703,646 to 713,660 The same week last year (Sept. Since most sellers are buyers, this data must return to normal before seeing real, long-lasting sales growth.

Mortgage 521

Mortgage Inventory New Listings Retail 521

Housing Wire

NOVEMBER 18, 2022

The most recent example of a decline in districts to ll resulted from the 2015-2016 merger of the Seattle and Des Moines institutions into a Des Moines District Bank. The 2015 amendment also specified that a FHLBank would have the same priority and rights as if the advance had been made to a federally insured credit union.

Legal 370

Legal Law Insurance Finance 370