Appraisal Buzz

DECEMBER 30, 2024

If youre thinking about buying or selling a house and wondering about the housing market, youre not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions! Is It a Buyers Market?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Housing Wire

JULY 6, 2024

Now that we are halfway through the year, we can see that active inventory in America is growing, unlike what happened in 2023. This is precisely what the doctor ordered for the housing market. As we can see below, it’s a much healthier year in inventory growth data than in 2023. However, this year, spreads have improved.

Housing Market 465

Housing Market Mortgage Inventory Marketing 465

Housing Wire

DECEMBER 21, 2024

Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020. In May 2023, the annualized decline bottomed out at a hefty 13.2%. in April 2023. Prices at the start of 2024 turned positive again.

Housing Market 393

Housing Market Inventory Marketing Technology 393

Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Frankly, it feels like the housing market is contracting a bit now in November. Find out more here.

Housing Market 442

Housing Market New Listings Marketing Inventory 442

Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? Each week has very few sellers, but lower demand means longer time on market and growing inventory of unsold homes. Two and a half years.

Housing Market 416

Housing Market Marketing Inventory Sellers 416

Appraisal Buzz

OCTOBER 9, 2024

“FHFA’s new data resource on manufactured homes provides relevant, up-to-date information on an important but less-understood segment of the housing market,” said FHFA Director Sandra L. In a housing market with elevated home prices, manufactured housing remains an affordable option. Thompson. “In

Housing Market 384

Housing Market Marketing Real Property Finance 384

Appraisal Buzz

AUGUST 8, 2024

housing market is rapidly approaching the $50 trillion mark, with the total value of homes across the country hitting a record $49.6 Millennials driving market expansion Millennials are emerging as key players in the housing market, with the total value of homes owned by this generation rising 21.5% As the U.S.

Valuation 417

Valuation Housing Market Marketing Home Value 417

Housing Wire

DECEMBER 17, 2024

Homebuyers have become older and wealthier Young people are having a particularly hard time in the housing market. The median buyer is now 56 years old, up from 49 in 2023. Register today to attend the Housing Economic Summit in Dallas, on Feb. According to a recent NAR survey, homebuyers are older than they used to be.

Housing Market 362

Housing Market Marketing Buyers Real Estate 362

Appraisal Buzz

SEPTEMBER 20, 2024

housing market is experiencing significant variability, with some cities seeing homes fly off the market while others are witnessing prolonged delays. As of July 2024, the average home spends 35 days on the market, but this figure varies widely depending on the location. Durham, North Carolina leads with a 67.6%

Housing Market 415

Housing Market Marketing Inventory Buyers 415

Appraisal Buzz

NOVEMBER 25, 2024

Zillow is predicting a more active housing market in 2025 , but those hoping to buy — or even refinance — should buckle up for a bumpy ride and be ready to move when conditions are right. Zillow is forecasting that housing market activity will pick up in 2025 – but the big wildcard is mortgage rates, which will remain unpredictable.

Housing Market 365

Housing Market Marketing Buyers Construction 365

Appraisal Buzz

NOVEMBER 26, 2024

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. million existing home sales in 2024, a little increase over 2023’s 4.1 The post Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025 first appeared on The MortgagePoint. Zillow predicts 4.3

Housing Market 396

Housing Market Tenants Marketing Mortgage 396

Housing Wire

SEPTEMBER 12, 2024

A recent SmartAsset analysis of 2023 Home Mortgage Disclosure Act (HMDA) pinpointed where boomers are most active within the U.S. housing market. This means that baby boomers have the most economic power when it comes to housing markets, as sellers are more likely to accept offers where financing is least likely to fall through.”

Housing Market 414

Housing Market Marketing Insurance Sellers 414

Housing Wire

JULY 26, 2024

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. The survey reveals a generally cautious optimism among these sectors, despite varied expectations regarding market trends over the next three months.

Housing Market 440

Housing Market Real Estate Agent Marketing Training 440

Housing Wire

JULY 15, 2024

If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. Good inflation data came in last week, the bond market rallied and mortgage rates took a notable dip below 7% for the first time in months. If so, how should we expect the housing market to react?

Housing Market 486

Housing Market New Listings Marketing Mortgage 486

Housing Wire

DECEMBER 20, 2024

compared to September 2023. But in September 2024 CoreLogics most recent data the number of investor purchases sat at 75,442, which is marginally higher than the post-pandemic low point but down 22.5%

Investors 416

Investors Housing Market Marketing Real Estate 416

Housing Wire

OCTOBER 7, 2024

The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks. Mortgage rates bounced back up over the last couple days, and it demonstrates how fragile this housing market recovery could be. There were very few buyers in the fourth quarter 2023.

Housing Market 438

Housing Market Marketing Mortgage Contracts 438

Housing Wire

DECEMBER 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than at the end of 2023. A few states have more homes on the market now than any time in the last eight to 10 years.

Inventory 408

Inventory Housing Market Marketing Sellers 408

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. 11, a decrease from last week’s 6.66%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Mortgage 532

Mortgage Inventory Retail Construction 532

Housing Wire

DECEMBER 19, 2024

Known for its rural communities, quaint towns, scenic lakes and mountain vistas, New Hampshire is probably not where you would expect to find one of the nations hottest housing markets but the data says otherwise. 18, with a market action index score of 55.77. We need to get 6,000 or 7,000 homes on the market a month.

Housing Market 363

Housing Market Marketing Inventory Clients 363

Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. Chicago has since exhibited a more traditional seasonal home-price pattern, but since February 2023, the median home price is up by 27%. This was followed by a 15% crash in the second half of 2021.

Housing Market 385

Housing Market Marketing Property Taxes Inventory 385

Housing Wire

JANUARY 7, 2025

housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025.

Housing Market 307

Housing Market Luxury Properties Marketing Design 307

Housing Wire

NOVEMBER 12, 2024

retailer by market capitalization reported $40.2 from Q3 2023 despite a drop in big-ticket remodeling projects that were attributed to higher interest rates and economic uncertainty. in Q3 2023. per share, in Q3 2023. The world’s largest home improvement retailer and fourth-largest U.S. Revenue was up 6.6% billion and 14.5%

Housing Market 357

Housing Market Marketing Retail Home Improvement 357

Housing Wire

DECEMBER 12, 2024

Register today to attend the Housing Economic Summit in Dallas, on Feb. The summit is designed to give you a comprehensive understanding of the economic factors driving the housing market in 2025 and what it all means for your business. 26, 2025 and hear Daren Blomquist in person.

Housing Market 333

Housing Market Retail Marketing Sellers 333

Housing Wire

JANUARY 13, 2025

While the current focus is rightfully on containing the blazes and protecting residents, its worth taking stock of where housing markets stand in the affected parts of the Los Angeles metro area. Data from Altos Research shows an area with expensive housing, rising inventory and conditions that lean favorable to sellers.

Housing Market 285

Housing Market Marketing Sellers New Listings 285

Housing Wire

OCTOBER 2, 2024

The Federal Reserve ’s 50 basis-point interest rate cut in September is already making an impact on housing markets across the country. That is the slowest rate of growth since July 2023. Underscoring the market slowdown is the fact that prices declined 1% from July to August. during the year ending August 2024.

Housing Market 395

Housing Market Mortgage Marketing Finance 395

Housing Wire

MAY 28, 2024

We reached out 2023 honorees to learn the most valuable lessons they’ve learned throughout their careers. Whether through formal education, on-the-job-training, industry conferences, or self-study, staying informed is essential in navigating the ever-evolving landscape of the housing market.

Training 459

Training Realty Housing Market Mortgage 459

Appraisal Buzz

SEPTEMBER 5, 2024

The slowest August in five years saw homes on the market for 53 days. more homes listed for sale than there were at the same time in 2023. The post Housing Market Slows as Buyers and Sellers Wait For Rates to Drop first appeared on The MortgagePoint. This represents a modest slowdown from July, when there was a 36.6%

Sellers 397

Sellers Housing Market Buyers Marketing 397

Housing Wire

JANUARY 7, 2025

housing market. “If mortgage spreads had been as unfavorable as they were in 2023, mortgage rates would be around 8% instead of near 7%.” The new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S. That was up 2 basis points (bps) from a week ago.

Housing Market 316

Housing Market Mortgage Marketing Inventory 316

Housing Wire

NOVEMBER 13, 2024

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. Foreclosure Market Report on Tuesday. That’s up 4% from September’s total of 29,668 but down 11% from the October 2023 figure of 34,472. Attom released its October 2024 U.S.

Housing Market 440

Housing Market Real Estate Government Mortgage 440

Housing Wire

AUGUST 4, 2024

Since the Fed hasn’t pivoted or cut rates, it’s up to the bond market to do the heavy lifting for the Fed, who are behind the curve on purpose. Mortgage spreads Mortgage spreads were a negative storyline in 2023 as the Silicon Valley Bank collapse and the resulting banking crisis pushed the spreads to new cycle highs.

Mortgage 498

Mortgage Inventory New Listings Housing Market 498

Housing Wire

DECEMBER 7, 2024

We also see growth in our pending contract data compared to 2022 and 2023. Let’s get into the holiday spirit with this week’s Housing Market Tracker data! Weekly pending sales The weekly pending contract data from Altos Research offers an insightful look into real-time housing demand.

New Listings 498

New Listings Inventory Contracts Housing Market 498

Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market.

Buyers 470

Buyers Marketing Mortgage Real Estate Agent 470

Housing Wire

JANUARY 2, 2025

In 2023, the Fed continued to hike rates. We held that line very late in the year 2023. In 2024, as the labor market showed weakness , the 10-year yield fell, briefly, below that 3.80% level. This was my “Gandalf line in the sand” because I believed the 10-year yield couldnt head lower since labor wasnt breaking.

Mortgage 462

Mortgage Construction Housing Market Marketing 462

Appraisal Buzz

DECEMBER 5, 2024

The recent surge in immigration to the United States has ignited discussions about its potential effects on the housing market, particularly concerning housing costs. Senior Research Analyst Riordan Frost from the Harvard Joint Center for Housing Studies, recently took a deeper dive into the impact of immigration on the U.S.

Construction 418

Construction Housing Market Marketing Buyers 418

Housing Wire

MARCH 23, 2024

However, whenever the 10-year yield falls with duration, as we saw toward the end of 2022 and into 2023, it sends mortgage rates lower, and we can grow sales from these record-low levels. Purchase application data Purchase application data really moves on mortgage rates — something we saw in late 2022 and into 2023.

Mortgage 514

Mortgage Inventory New Listings Housing Market 514

Housing Wire

DECEMBER 19, 2024

The COVID-19 pandemic turned previously sleepy cities into boomtowns.Expanded or permanent work-from-home policies gave people more flexibility in where to live, and those in uber-expensive markets like San Francisco and Manhattan took advantage by moving to areas where they could get more space for less money.

Inventory 462

Inventory Valuation Housing Market Marketing 462

Housing Wire

OCTOBER 21, 2024

Nationally, 290,000 new properties were built in high-risk flood areas from 2019 through 2023, almost one in five of the 1.6 Climate change is having a pronounced impact on the housing market, particularly when it comes to the accelerating risks of extreme weather events in areas that were already vulnerable to impact.

Insurance 448

Insurance Real Estate Agent Construction Development 448