Housing Wire

DECEMBER 30, 2024

However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The other trend to watch is whether we finally have more sellers entering the market in 2025. There are some signals that seller volume is starting to creep back to normal levels. These are unsold new listings.

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Housing Market Marketing New Listings Inventory 543

Housing Wire

AUGUST 5, 2024

Seller impersonation fraud is on the rise. A study conducted by NDP Analytics found that 28% of title companies experienced at least one seller impersonation fraud attempt in 2023, and in April 2024 alone, 19% of firms experienced at least one of these attempts.

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Sellers Training Real Estate Insurance 501

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising. orate further?

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Sellers Marketing Inventory Contracts 508

Housing Wire

FEBRUARY 24, 2025

As rates climbed in 2023 in February, March, April, May all the way up to 7.5%, inventory grew each week pretty quickly. New listings To get a lot of homes on the market though we need some sellers. In total, it was another week with fewer home sellers that last year. Its a little more than in 2024 or 2023.

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Inventory New Listings Sellers Contracts 495

Appraisal Buzz

JANUARY 27, 2025

Profit margins for home sellers decreased in 2024 compared with 2023, despite rising home prices, a report from ATTOM shows. Home sellers made a $122,500 profit on typical sales nationwide last year, generating a 53.8% from 2023, according to ATTOMs Year-End 2024 U.S. After a weak 2023, the U.S. Thats down from 56.9%

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Sellers Housing Market Investing Appraisal 195

Housing Wire

OCTOBER 29, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. And it is a little bit early, but some of the preliminary data I have looked at show that sellers are continuing to pay buyer agent compensation.” It is no secret that many first-time homebuyers are struggling.

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Housing Wire

JANUARY 24, 2025

Notably, we compared the data from 2022 and 2023 and noticed positive year-over-year data starting in October 2024, which you can see in the chart below. months we saw with distressed sellers in 2008. We observed a shift in the forward-looking data starting in the summer, which continued throughout the year. Now, back to reality.

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Inventory Housing Market Sellers Marketing 482

Housing Wire

JANUARY 27, 2025

Now were noticing some signals in the data that national home prices could turn negative this spring, showing year-over-year home-price declines for the first time since early 2023. In 2023, the spring slope was much less steep. Home sellers and listing agents know where demand is for homes. In 2023, this number was 33.9%.

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Inventory Sellers New Listings Contracts 396

Housing Wire

APRIL 15, 2025

A new variable this spring is that there are also more sellers coming to market each week than there have been in five years. Total unsold inventory is up, and the weekly pace of new sellers adding to that inventory is up too. Why are these sellers emerging now after so many years on the sidelines? More sellers?

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Housing Market Marketing Inventory Sellers 435

Housing Wire

JUNE 24, 2024

Sellers can just wait it out, and it looks like the U.S. I think it’s worth examining if sellers will indeed just wait it out now. That is 13% more sellers than last year at this time, but it’s not expanding any more this summer. The pace of sellers has plateaued for the year. housing market is seeing that now.

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Inventory Sellers New Listings Property Taxes 458

Housing Wire

DECEMBER 9, 2024

Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. In Florida and Texas, we see the rising costs of insurance , taxes and climate risk driving some sellers. more sellers than the same week a year ago.

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Housing Market Marketing Inventory Sellers 418

Housing Wire

NOVEMBER 23, 2024

However, the 10-year yield has managed to maintain its position, and the downtrend observed in the charts since the 10-year yield was at 5% in 2023 is still in place. Mortgage spreads The mortgage spread situation has shown improvement in 2024, in contrast to its negative performance in 2023. Weekly inventory change (Nov.

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Mortgage Inventory New Listings Contracts 514

Housing Wire

NOVEMBER 4, 2024

The inventory peak came a month earlier than in 2023. That’s because in the fourth quarter 2023, the market was grinding to a halt. When you include the 9,400 immediate sales, the total is 13% more sellers than a year ago. Last year at this time, the market was in deep retrenchment — both buyers and sellers were walking away.

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Inventory New Listings Sellers Contracts 396

Housing Wire

DECEMBER 23, 2023

Even with all the drama we have dealt with in 2022-2023, the housing market stayed intact and never broke. However, one thing is sure: from 2020 to 2023 we never saw credit-stressed home sellers. We never saw the Airbnb crash that dominated some of the housing headlines in 2023. Weekly inventory change : (Dec.15-22)

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Housing Market Marketing Inventory New Listings 538

Housing Wire

JUNE 18, 2024

Last month’s reading marked the smallest monthly increase on a seasonally adjusted basis since January 2023. Looking ahead, Redfin expects new listings to continue to rise as the mortgage rate-lock effect on home sellers wears off, which could occur if mortgage rates continue to fall. “We

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Housing Wire

OCTOBER 28, 2024

New listings go up This year continues to have slightly more sellers than last year but fewer than we used to get in past years. When you add it all together, there were just a 2% more new sellers hitting the market this week than a year ago. I mentioned that Florida rebounded this week with sellers that postponed for the storms.

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Inventory New Listings Sellers Contracts 476

Housing Wire

MARCH 31, 2025

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. There are more sellers each week, and there are more sales, but the supply side is growing faster than demand. Those do not seem imminent.

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New Listings Inventory Housing Market Sellers 472

Housing Wire

JANUARY 13, 2025

Data from Altos Research shows an area with expensive housing, rising inventory and conditions that lean favorable to sellers. While most of the country is suffering from declining inventory, LAs is up 33% year over year, and pending new sales have gradually risen since the beginning of 2023. The current median home price is $1.47

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Housing Market Marketing Sellers New Listings 393

Appraisal Buzz

DECEMBER 19, 2024

million in November 2023). month supply in November 2023 but lower than the 4.2-month existing home sales should be above 2023 levelsthough still only slightly. In November, 30% of sales were made by first-time customers, which is an increase from 27% in October but a decrease from 31% in November 2023. from October to 4.15

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Inventory Realtors Buyers Contracts 396

Housing Wire

JANUARY 16, 2025

That share was up from 53% in the second half of 2023 and 51% in the first half of 2024. Only 8% were considered under-appraised, down from 12% in the second half of 2023. The share of properties that were under-appraised shrank from 8% while the share that were over-appraised was unchanged compared to the second half of 2023.

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Appraisal Valuation Home Value Housing Market 397

Housing Wire

APRIL 5, 2025

Weekly pending contracts for the last week over the past several years: 2025: 367,776 2024: 363,834 2023: 335,017 For both purchase apps and pending sales, the data presents an interesting trend: the positive weekly figures we’ve been observing coincide with mortgage rates exceeding my growth threshold.

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Mortgage New Listings Inventory Housing Market 533

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. Looking back on 2023, the inventory story was a big surprise even as mortgage rates headed toward 8%, as the data below will show. 9, 2022, and they’ll be ready for what’s coming next.

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Inventory New Listings Housing Market Mortgage 521

Housing Wire

JANUARY 6, 2025

The capital gains tax is a federal tax that is applied when the sale of a particular asset including a home, personal items, or stocks and bonds held as investments is sold for more than [a sellers] adjusted basis, referring to the initial cost of the item being sold, according to the IRS. That’s up from 1.3% in 2003 and 3% in 2019.

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Sellers Business Real Estate Finance 397

Housing Wire

DECEMBER 20, 2024

Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. compared to September 2023. Home sales in 2024 have been well below historic norms. But even investors have purchased fewer homes this year.

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Investors Housing Market Marketing Real Estate 448

Appraisal Buzz

OCTOBER 31, 2024

Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%. A History of Policy Change In mid-March of this year, NAR announced an agreement to resolve litigation over broker commission claims asserted on behalf of home sellers. Now we’re negotiating commission more frequently.”

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Real Estate Agent Real Estate Agents Sellers 386

Housing Wire

OCTOBER 29, 2024

gain compared to August 2023. “As we near the slower fall months, buyers are likely to continue refusing steep pricing, but sellers should continue to expect record high home equity, especially in the northern and southwestern swaths of the U.S.” The 10-city index dropped 0.4% year-over-year gain in July. That’s down from 5.9%

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Mortgage Sellers Buyers Housing Market 487

Appraisal Buzz

APRIL 1, 2025

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. Across all generations, sellers remained in their homes for a median period of 10 years.

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Real Estate Agent Sellers Buyers Agents 359

Appraisal Buzz

NOVEMBER 6, 2024

By the fall of 2023, mortgage rates had risen from historic lows of 2.65% in 2021 to a decade-high of 7.79%. Mortgage rates rose from 2.65% in 2021 to 7.79% in fall 2023, impacting home shoppers’ buying power. The most common way buyers have secured below-market rates is through special financing offers from sellers or home builders.

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Buyers Marketing Sellers Loan Officers 370

Housing Wire

JANUARY 2, 2024

Each week sellers are easing back into the market a little more than last year. The defining characteristic of 2023 was how few sellers we had. We had 51 weeks in 2023 withfewer sales in the pipeline than in 2022. That’s fewer than last week of course it’s the holidays, but it’s almost 5% more than where we ended 2022.

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Housing Market Marketing Inventory Contracts 531

Housing Wire

DECEMBER 16, 2024

Almost every market in the country has more homes available now than at the end of 2023. New listings When we look at the sellers entering the market, there were 45,000 new listings last week. That is 14% more home sellers listing their properties in December than the same week a year ago. more than a year ago.

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Inventory Housing Market Marketing Sellers 418

Housing Wire

DECEMBER 13, 2023

It was the fourth pause recorded in 2023. In 2023, the Fed hiked the benchmark federal funds rate by a quarter-point at four meetings, most recently in July. Prospective homebuyers bear the brunt of the lack of affordability while home sellers continue to cling to their historically low rate, pandemic-era mortgages.

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Mortgage Investors Sellers Marketing 526

Appraisal Buzz

OCTOBER 30, 2024

Jones explained that pending home sales, also known as contract signings, measure the first official stage of a home sale transaction—when a buyer and seller have reached an agreement on terms and price. from September 2023 to 65.6, from September 2023 to 64.0, compared to September 2023. from the previous month.

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Contracts Buyers Inventory Mortgage 418

Housing Wire

OCTOBER 31, 2024

The merger combines the strengths of both companies, allowing us to better support agents, buyers, and sellers in the Dayton area while enhancing our leadership in the market.” According to Howard Hanna, Alliance Group closed over $140 million in sales volume in 2023. Hoby” Hanna IV , the CEO of HHRES, said in a statement.

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Brokerage Realty Real Estate Agents 434

Appraisal Buzz

JANUARY 31, 2025

Now its pretty clear that sellers arent slashing asking prices and mortgage rates arent plummeting, so mindsets are shifting. Key findings from the four weeks ending January 26: Before the seller accepted an offer, the average U.S. The largest drop since September 2023 was recorded in pending home sales, which fell 9.4%

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New Listings Sellers Buyers Mortgage 390

Appraisal Buzz

NOVEMBER 26, 2024

million existing home sales in 2024, a little increase over 2023’s 4.1 With more properties available to buyers, sellers will be under pressure to compete. A large decline in mortgage rates is expected to increase competition and provide sellers more negotiation leverage by bringing more buyers than sellers back to the market.

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Housing Market Tenants Marketing Mortgage 396

Housing Wire

NOVEMBER 18, 2024

New listings One way reason it will be hard for inventory to grow more than 17% next year is that there are still not enough sellers to get there. When we add back in another 7,500 new listings with immediate sales — those are already in contract and not added to the active inventory — overall that’s just 3% more sellers than a year ago.

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Housing Market New Listings Marketing Inventory 448

Appraisal Buzz

NOVEMBER 22, 2024

The bi-annual report reveals a resilient luxury real estate market in the first six months of 2024 that is slightly outpacing performance from the equivalent period in 2023. Some 34% of specialists say they foresee a shift by sellers away from aspirational pricing strategies. Among specialists, 32.8% elections. “A

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Buyers Luxury Properties Marketing Inventory 417