Housing Wire

FEBRUARY 1, 2025

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. According to HomeLight ‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers. 30 and Nov.

Buyers 482

Buyers Real Estate Agent Mortgage Real Estate 482

Housing Wire

FEBRUARY 24, 2025

The luxury real estate market is on a growth trend early in 2025. Sothebys International Realty recently released its 2024 performance report. According to the report, Sothebys did $157 billion in global sales in 2024, and its U.S. According to the report, global expansion was a staple of Sothebys growth strategy in 2024.

Housing Market 355

Housing Market Marketing Realty Real Estate 355

Housing Wire

MARCH 20, 2025

fell in 2024, continuing a downward trend as real estate investors grapple with tight profit margins. According to Attom s 2024 U.S. The home-flipping industry saw investors shy away even more in 2024 amid the extended period of languishing profits. Conversely, a handful of smaller markets saw an uptick in flipping activity.

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Investors Finance Renovations Buyers 343

Housing Wire

DECEMBER 30, 2024

Despite rising mortgage rates through much of 2024, recent indications show growing boldness among homebuyers heading into the new year. “Despite higher mortgage rates in November and persistent affordability challengers, buyers took advantage of more inventory as pending home sales reached the highest level in nearly two years.

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Inventory Buyers Housing Market Mortgage 435

Housing Wire

FEBRUARY 6, 2025

metropolitan areas analyzed experienced annualized home-price gains in the fourth quarter of 2024, according to data published Thursday by the National Association of Realtors (NAR). NAR found that 201 of 226 metro areas (89%) saw sale prices for single-family homes rise on a yearly basis in Q4 2024, up from 87% in the prior quarter.

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Realtors Buyers Marketing Mortgage 415

Appraisal Buzz

JANUARY 9, 2025

Harrisburg, Pennsylvania, was ranked as the top city in the 2025 Realtor.com Best Markets for First-Time Homebuyers report, followed by Rochester, New York; Villas, Florida; Lauderdale Lakes, Florida; Altamonte Springs, Florida; Lansing, Michigan; North Little Rock, Arkansas; Baltimore; Tonawanda, New York; and Wilmington, Delaware.

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Buyers Investing Inventory Marketing 370

Appraisal Buzz

JANUARY 2, 2025

The October 2024 results for the S&P CoreLogic Case-Shiller Indices were issued today by the S&P Dow Jones Indices (S&P DJI). In October 2024, the leading indicator of U.S. a modest decrease from the previous 2024 annual gains. Our forecasts suggest that markets in Florida are at most risk of price declines in 2025.

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Inventory Buyers Home Value Housing Market 359

Housing Wire

NOVEMBER 27, 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The October pending sales data is a sign that fourth-quarter sales will be strong enough so that 2024 sales end up higher than 2023,” Bright MLS chief economist Lisa Sturtevant said in a statement. million.

Marketing 370

Marketing Realtors Housing Market Lending 370

Housing Wire

OCTOBER 24, 2024

The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform. While 45% said current market conditions were not impacting their desire to purchase distressed property, 34% said conditions were detrimental to their decisions.

Housing Market 482

Housing Market Marketing Retail Development 482

Housing Wire

DECEMBER 20, 2024

Home sales in 2024 have been well below historic norms. Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Price growth is slowing down so there’s less flippers in the market. But even investors have purchased fewer homes this year.

Investors 448

Investors Housing Market Marketing Real Estate 448

Housing Wire

FEBRUARY 20, 2025

While the share of first-time homebuyers has declined across the country, Black homebuyers are bucking the trend and showing resilience in an increasingly difficult housing market. A recent Zillow survey found that 62% of all Black homebuyers in 2024 were first-timers, the same level as the previous year. As a result, only 17.6%

Housing Market 364

Housing Market Buyers Law Lending 364

Appraisal Buzz

APRIL 3, 2025

As more properties came ontothe market and overall inventory increased for the 17th consecutive month, the U.S. housing market showed signs of a sustained recovery this spring, according to Realtor.com s March Housing Trends Report. Were seeing a market thats rebalancing, offering more choices for shoppers. 2024 Change over Mar.

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Inventory Buyers Contracts Sellers 335

Sacramento Appraisal Blog

JANUARY 14, 2025

It’s great news that 2024 performed better than the 2023 housing market. Seeing more buyers and sellers able to participate is absolutely what we want to see. Let’ get into it. Skim quickly by topic or digest slowly.

Housing Market 336

Housing Market Marketing Sellers Appraisal 336

Appraisal Buzz

NOVEMBER 26, 2024

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. Buying a home in 2024 was surprisingly competitive given how high the affordability hurdle became,” said Skylar Olsen, Zillow Chief Economist. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.”

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Housing Market Tenants Marketing Mortgage 396

Housing Wire

DECEMBER 11, 2024

The stagnant 2024 housing market is one the real estate industry cant wait to get away from, but not so for the niche luxury market. in the first half of 2024, and the median luxury home price jumped by 14.2%. in the first half of 2024, and the median luxury home price jumped by 14.2%. Thats compared to a 12.9%

Housing Market 370

Housing Market Marketing Buyers Real Estate 370

Appraisal Buzz

OCTOBER 31, 2024

remain unoccupied, according to ATTOM ‘s fourth-quarter 2024 Vacant Property and Zombie Foreclosure Report. from Q3 of 2024. In Q4 of 2024, roughly 7,100 of such pre-foreclosure properties remain unoccupied as zombie foreclosures, or pre-foreclosure properties that the owners have abandoned. from 7,007 in Q3 of 2024.

Housing Market 369

Housing Market Marketing Investors Construction 369

Housing Wire

JANUARY 27, 2025

Distressed home sales marketplace Auction.com released a new report Monday highlighting a drastic drop in foreclosure auction property volume in the fourth quarter of 2024. But auction buyers are still willing to enter the market as the new presidential administration settles into office. ” one respondent wrote.

Inventory 355

Inventory Buyers Sellers Marketing 355

Housing Wire

MARCH 27, 2025

homebuyers continued making historically large down payments in late 2024, responding to a year of record-high upfront housing costs , according to a Realtor.com report. For all of 2024, buyers put down an average of $29,900, or 14.4% ” How can buyers afford to put more down? . Down payments were 3.4

Buyers 248

Buyers Inventory Housing Market Government 248

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! Will Interest Rates Go Down in 2025?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

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. More inventory should shake loose in 2025, giving buyers a bit more room to breathe. million in 2023 and a projected 4 million in 2024.

Housing Market 365

Housing Market Marketing Buyers Construction 365

Housing Wire

JANUARY 9, 2025

In 2024, more people moved out of Illinois than into the Prairie State. Despite the frequency of departures, real estate agents in the state say the housing market remains strong. On the balance, there are still more buyers with their eye on a purchase than there are houses on the market. as of Jan. a year ago.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Appraisal Buzz

MARCH 5, 2025

From rates bordering the 7% range, to record high home prices, many home buyers are sitting on the sidelines waiting for a seismic change to hit the U.S. housing market. New data from LendingTree shows that among those active in the market last year, first-time buyers received a larger share of offers than those who already own.

Buyers 311

Buyers Housing Market Mortgage Marketing 311

Appraisal Buzz

DECEMBER 18, 2024

Manchester, NH, Zillow s most favored city for 2024, was a hit with an influx of homebuyers this year. For the second consecutive year, Zillows ranking of the most popular markets was dominated by Northeastern cities. While only one West Coast market, which led the way in 2021, made it into the top 10, the Midwest also performed well.

Architecture 370

Architecture Home Value New Listings Contracts 370

Appraisal Buzz

OCTOBER 23, 2024

According to proprietary data from Auction.com , early indications of waning demand for distressed properties sold at auction that appeared late in the second quarter persisted throughout the third quarter of 2024. The remaining 45% claimed that their inclination to purchase was unaffected by market conditions.

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Retail Marketing Inventory Buyers 370

Housing Wire

MARCH 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. With affordability shrinking, buyers are taking more risks to secure homes, according to HomeLight s 2025 Lender Insights & Predictions survey.

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Loan Officers Property Taxes Marketing Insurance 317

Appraisal Buzz

APRIL 2, 2025

In its 2025 Industry Survey , Redfin dug deeper into how real estate agents view their careers, the housing market, and other hot-button industry issues. The 2025 Industry Survey highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry reforms.

Real Estate Agent 362

Real Estate Agent Real Estate Housing Market Agents 362

Appraisal Buzz

NOVEMBER 13, 2024

The study found that 48% of buyers said costs were higher than expected, with 39% exceeding their budget and 38% reporting impacts on their savings. The study found that 48% of buyers said costs were higher than expected, with 39% exceeding their budget and 38% reporting impacts on their savings. times more than boomers (31%).

Real Estate 417

Real Estate Sellers Buyers Renovations 417

Housing Wire

FEBRUARY 17, 2025

A month after launching its new Private Exclusive Listings (PX) feature, agent-driven offer, negotiation and collaboration platform Final Offer has acquired Private Collection , a source of listing information for off-market properties. Financial terms of the deal were not disclosed.

Marketing 397

Marketing Brokerage Realtors Agents 397

Housing Wire

DECEMBER 20, 2024

The combination of the 2024 presidential election , anticipated future rate cuts, mortgage rate volatility and housing affordability challenges have led more potential homebuyers to stay on the sidelines. The New Home Market Update from Zonda, a construction data provider, was released Friday. from October 2024. year over year.

Buyers 395

Buyers Construction Marketing Mortgage 395

Appraisal Buzz

DECEMBER 10, 2024

Realtor.com has revealed its Top Housing Markets for 2025 , highlighting the areas ready for growth in the year ahead. This years list highlights markets characterized by moderately affordable homes, strong inventorymainly boosted by new constructionand a sizable base of younger families, many with military and international connections.

Housing Market 418

Housing Market Marketing Inventory Government 418

Housing Wire

DECEMBER 16, 2024

We are once again expecting mortgage rates to get better gradually, and opportunities for buyers should follow, but be prepared for plenty of bumps on that path,” Zillow chief economist Skylar Olsen said in a statement. Zillow says that 2024 will finish with 4.06 “There’s a strong sense of dj vu on tap for 2025.

Housing Market 370

Housing Market Marketing New Listings Home Value 370

Housing Wire

APRIL 5, 2025

Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Mortgage spreads Mortgage spreads started showing positive trends in 2024 and have continued up until last week.

Mortgage 525

Mortgage New Listings Inventory Housing Market 525

Housing Wire

MARCH 7, 2025

housing market has shown signs of slowing, demand remains strong in key Midwest and Northeast cities, where homes are selling weeks faster than the national average, according to Realtor.com s Hottest Markets Report for February. There’s still a lot of first-time homebuyers in the market too. They keep the market healthy.

Housing Market 396

Housing Market Marketing Inventory Construction 396

Appraisal Buzz

JANUARY 30, 2025

According to new research from Real Estate Witch , a Clever Real Estate publication,the average American homeowner now spends $24,529 annually, or $2,044 monthly, on home expenses in addition to their mortgageup from $17,958 in 2024. The post Non-Mortgage Homeownership Costs Shock First-Time Buyers first appeared on The MortgagePoint.

Buyers 335

Buyers Property Taxes Mortgage HOA 335

Appraisal Buzz

NOVEMBER 8, 2024

The third-quarter 2024 study from ATTOM examines eligible low-income Opportunity Zones that Congress designated for economic revitalization under the 2017 Tax Cuts and Jobs Act. zones that had at least five home sales in the third quarter of 2024 and had enough data to analyze. In this analysis, ATTOM examined 3,857 U.S.

Housing Market 369

Housing Market Marketing Design Home Value 369

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? The number of unsold homes on the market is finally getting closer to 2019 levels. But, the market change isnt evenly distributed. Two and a half years.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

DECEMBER 30, 2024

Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be. Rising supply is one of the housing market highlights of 2024, according to HousingWire Lead Analyst Logan Mohtashami , who said that housing inventory is approaching levels seen in 2019 before the COVID-19 pandemic.

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Inventory Sellers Housing Market Contracts 488