Housing Wire

OCTOBER 15, 2024

District Court in San Francisco, Side alleges that Tal and Oren Alexander, as well as Official Partners, have breached contracts held with Side. The original note, as well as a security agreement, were created in early August 2022. But like much of the complaint, the requested action is redacted.

Contracts 432

Contracts Brokerage Real Estate Legal 432

Housing Wire

APRIL 10, 2025

Florida-based Keller Williams franchisees are alleging that prominent eXp Realty team leader Veronica Figueroa and Joseph Firmin have breached a contract and misappropriated trade secrets in their recruiting efforts. In the complaint, the franchisees accuse him of breach of contract and misappropriation of trade secrets.

Realty 396

Realty Agents Contracts Government 396

Housing Wire

MARCH 15, 2025

And remember, mortgage rates fell to around 6% in late 2022 and early 2023. Weekly pending sales The latest weekly pending contract data from Altos offers valuable insights into current trends in housing demand. However, our shorter weekly contract data lines are showing improvement.

Mortgage 537

Mortgage New Listings Inventory Housing Market 537

Housing Wire

APRIL 5, 2025

Additionally, our weekly pending contract data and new listings are trending positively compared to last year. Weekly total pending sales The latest weekly total pending contract data from Altos offers valuable insights into current trends in housing demand.

Mortgage 533

Mortgage New Listings Inventory Housing Market 533

Housing Wire

OCTOBER 30, 2024

These actions include a Wells Fargo suit filed in Minnesota, where the bank sought more than $430,000 over an alleged breach of contract. But LoanSnap has been the target of several lawsuits in the past year.

Landlords 448

Landlords Loan Officers Lending Contracts 448

Housing Wire

FEBRUARY 8, 2025

Weekly pending sales The latest weekly pending contract data from Altos Research offers valuable insights into current trends in housing demand. We also got to 80,000 in 2021 and 2022, so I am not asking a lot here, but we didnt get it last year when I was sure we would. 26 in Dallas. Weekly inventory change (Jan.

Mortgage 490

Mortgage Inventory New Listings Contracts 490

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Demand will continue to be strong into 2022. Home prices will remain high into 2022. Will the market continue its streak of strong growth, or are we finally about to see a slow down?

Housing Market 543

Housing Market Marketing Inventory Sellers 543

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom.

Housing Market 529

Housing Market Marketing Real Estate Agent Real Estate 529

Housing Wire

JANUARY 27, 2025

In 2022, it was the end of the post-pandemic boom and buyers were rushing to get a home before mortgage rates climbed, so there was steep price appreciation in the first half of the year. But by June, prices peaked for the year while remaining below the June 2022 peak. There were 52,000 new contracts pending this week.

Inventory 396

Inventory Sellers New Listings Contracts 396

Housing Wire

APRIL 15, 2025

In total, there are now nearly 2% more homes in contract nationally than a year ago. We saw this in September 2022, again in September 2023, in May 2024, and in February 2025. There were another 15,000 new listings immediate sales that are already in contract. These declines happened in 2022. This week, there were 3.8%

Housing Market 435

Housing Market Marketing Inventory Sellers 435

Housing Wire

FEBRUARY 26, 2025

Add new telecom to capitalize on data trends According to a wireless industry survey, Americans used 36% more wireless data in 2023 than in 2022 , and almost double the [link] volume of data used in 2021. This trend isnt slowing down.

Real Estate 344

Real Estate Landlords Contracts Technology 344

Housing Wire

MARCH 31, 2025

There are 358,000 single-family homes in contract right now, and they are priced only 50 basis points above last year at this time. That pace slowed dramatically in 2022 and turned negative in January 2023. In 2022, we could see very specific, very rapid moments of home prices dropping. A crash is not underway.

New Listings 460

New Listings Inventory Housing Market Sellers 460

Housing Wire

MARCH 8, 2025

It is important to note that mortgage rates rose to around 6% in late 2022 and early 2023. Weekly pending sales The latest weekly pending contract data from Altos offers valuable insights into current trends in housing demand. By early 2024, mortgage rates increased slightly to 6.63%. Weekly inventory change (Feb.

Mortgage 425

Mortgage Inventory New Listings Housing Market 425

Housing Wire

FEBRUARY 23, 2025

Since 2022, whenever mortgage rates have approached 6% it’s because the bond market is concerned about the economy slowing down. Weekly pending sales The latest weekly pending contract data from Altos Research offers valuable insights into current trends in housing demand. 26 in Dallas. Weekly inventory change (Feb.

Government 460

Government Mortgage Inventory New Listings 460

Housing Wire

OCTOBER 13, 2024

Here are new listings for last week over the past several years: 2024: 62,876 2023: 57,229 2022: 59,458 Price-cut percentage In an average year, one-third of all homes take a price cut — this is standard housing activity. The price-cut percentage data is below 2022 levels and risks an earlier seasonal curve lower than 2022 and 2023.

Inventory 511

Inventory New Listings Retail Mortgage 511

Housing Wire

JANUARY 27, 2023

Pending home sales ended 2022 on a positive note. An index of 100 is equal to the level of contract activity in 2001. “We After six consecutive months of declines, the Pending Home Sales Index rose 2.5% month over month in December to a reading of 76.9, according to data released Friday by the National Association of Realtors (NAR).

Contracts 448

Contracts Realtors Mortgage Buyers 448

Housing Wire

SEPTEMBER 25, 2024

The 11% increase in the MBA’s overall applications index — boosting the index to its highest point since July 2022 — was fueled primarily by refinances , which rose 20% from the prior week and are now 175% higher compared to the same week in 2023. Purchase loan applications saw more modest increases of 0.4%

Mortgage 448

Mortgage Retail Contracts Government 448

Housing Wire

OCTOBER 22, 2024

New pending sales are also on the rise, with the 60,000 homes going under contract last week representing a 9% increase from the same week last year and an 11% increase from the same week in 2022. For-sale inventory of single-family homes is up 33% from a year ago.

Sellers 468

Sellers Mortgage Marketing Construction 468

Housing Wire

JANUARY 6, 2025

These are new listings that take offers within a couple days of listing and go into contract immediately. There are 260,000 single-family homes in contract right now. Any sales growth over 2024 is welcome, but the total count of pending home sales is still 35% fewer than when we started 2022 at the end of the pandemic.

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

APRIL 11, 2025

The original suit, filed in February 2022, against AML sought $2.8 million in damages for breaching contracts. UWM’s latest win came yesterday when Judge Laurie Michelson of the Eastern District of Michigan denied AML’s motion to dismiss UWM’s amended complaint that it filed on March 7.

Legal 330

Legal Investing Contracts Mortgage 330

Housing Wire

NOVEMBER 4, 2024

This week, we count 14% more homes in the contract pending stage now than a year ago. We counted 63,000 new contracts started for single-family homes this week. There are now 354,000 single-family homes in the contract pending stage. Withdrawals were climbing in the fourth quarter 2022 and 2023, but they’re not climbing now.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

OCTOBER 18, 2024

The changes come after NYCB, which concluded a merger with Flagstar in December 2022 and acquired some of Signature Bank ‘s assets in March 2023, faced a confidence crisis related to its commercial real estate portfolio. billion in cash for the TPO platform and $356 billion in MSRs, advances and subservicing contracts. Cooper Group.

Contracts 447

Contracts Real Estate Investing Mortgage 447

Appraisal Buzz

NOVEMBER 21, 2024

The average loan size picked up to almost $410,000, the highest in the survey since August 2022. In that data, new home sales are recorded at contract signing, which is typically coincident with the mortgage application. MBA estimates new single-family home sales, which has consistently been a leading indicator of the U.S.

Mortgage 370

Mortgage Buyers Contracts Construction 370

Housing Wire

FEBRUARY 12, 2025

The average loan size for a purchase application increased to its highest level since March 2022 at $456,100, partially driven by fewer FHA purchase applications but more VA loans compared to the previous week. Purchase applications were down from the previous weeks level but were slightly ahead of last years pace. of total applications.

Mortgage 250

Mortgage Contracts Marketing 250

Housing Wire

NOVEMBER 8, 2024

Side claims the defendants have breached contracts between the two parties that were extended in August 2022. The filing is the latest turn in a lawsuit filed by Side in October against the brothers and Official Partners.

Legal Fees 370

Legal Fees Legal Real Estate Brokerage 370

Housing Wire

MARCH 6, 2025

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. For example, in early May 2022 when 30-year mortgage rates were around 5.06%, there were 1,674 new listings on the market in D.C. Whats the reason for this?

Inventory 298

Inventory New Listings Government Housing Market 298

Housing Wire

MAY 28, 2024

You can also see the light red line from 2022 when rates were first skyrocketing. Inventory in 2022 was building much more quickly than it is now. There were 72,000 new listings unsold and another 18,000 listings that are already under contract (i.e., Pending sales There are 404,000 single-family homes in contract now.

Inventory 534

Inventory New Listings Contracts Sellers 534

Appraisal Buzz

OCTOBER 31, 2024

The agreement would settle claims against NAR, over one million NAR members, all state/territorial and municipal Realtor associations, all association-owned MLSs, and all brokerages having a NAR member as principal in 2022 with a residential transaction volume of $2 billion or less.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Sellers 386

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. 2022 marked a unique time for homebuilders. Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Subcontractor Delays.

Marketing 493

Marketing Contracts Supply Chain Project Management 493

Housing Wire

DECEMBER 9, 2024

That shortage reached its crisis peak in January 2022. The pandemic boom took off in April 2020, came to a crescendo in Q1 2022 after a two-year buying frenzy, and hit an abrupt halt in July 2022. This is the median price of the homes going under contract each week. We bought and hoarded more and more homes.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

MARCH 14, 2025

Pending home sales ramp up yet again Altos’ weekly pending contract data offers a vantage point into the trends in the D.C. Heres the comparison: March 2025: 629 March 2024: 715 March 2023: 636 March 2022: 1,068 Between March 2022 and March 2025, pending homes sales have only changed by 13% on average. housing market.

Housing Market 369

Housing Market Marketing New Listings Inventory 369

Housing Wire

MARCH 17, 2025

According to data from RealTrends Verified , Crye-Leike closed about $7 billion in sales volume in 2022, well above the $2 billion threshold noted in the settlement terms. In October 2024, Judge Bough granted final approval to the settlements reached by nine other brokerage defendants in the suit.

Brokerage 301

Brokerage Real Estate Contracts Realtors 301

Housing Wire

OCTOBER 31, 2023

New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract. Soaring mortgage rates stifle buyer demand There are only 319,000 single-family homes in the contract- pending stage.

New Listings 511

New Listings Inventory Contracts Housing Market 511

Housing Wire

FEBRUARY 10, 2025

This week’s trend deviates from that, although it’s not nearly as abrupt as in July 2022. Unsold new listings ramped up There were 54,000 new listings unsold in the first week of February, including another 10,000 immediate sales that are already in contract. This implies that prospective home sellers are frustrated.

Sellers 342

Sellers Inventory New Listings Contracts 342

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

OCTOBER 28, 2024

While Monestier, who reportedly sold her Rhode Island home in 2022 and is part of the affected class, believes sellers were paying “inflated commissions,” she feels that prior to the settlement changes going into effect, the rules governing the industry were “clear and confusion did not reign supreme.”

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

NOVEMBER 27, 2023

There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. Pending sales make a surprising jump Here’s the surprising data point that stands out: Each week, we’re seeing more new contracts started than last year at this time. We had 52,000 new pending sales this week.

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New Listings Contracts Inventory Real Estate 508