Appraisal Buzz

APRIL 3, 2025

Nonetheless, increasing price reductions and declining pending house sales indicate that buyers are being cautious, most likely as a result of the uncertain economic climate and customers growing anxieties about their individual financial circumstances. Data also suggest that pricing competitively is key for sellers in todays environment.

Inventory 335

Inventory Buyers Contracts Sellers 335

Appraisal Buzz

NOVEMBER 6, 2024

Prior to the pandemic, the average mortgage payment was 115% higher; it most recently peaked in May 2024. Key Findings: Although average mortgage rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%. The purchasing power of house shoppers was directly impacted by this.

Buyers 370

Buyers Marketing Sellers Loan Officers 370

Housing Wire

FEBRUARY 3, 2025

As inventory builds and, as there are fewer offers from homebuyers , more sellers feel the need to reduce the asking price of the homes for sale. Looking backward at the housing market , we can see sales prices are not appreciating compared to 2024. At this time, of year theres new inventory and new buyers are shopping.

Sellers 413

Sellers Inventory New Listings Contracts 413

Housing Wire

DECEMBER 30, 2024

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! 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.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Appraisal Buzz

JANUARY 30, 2025

According to the Realtor.com January Monthly Housing Report, January saw a positive shift in seller activity despite recent hikes in mortgage rates, with the number of newly listed homes increasing 37.5% Buyers & Sellers Thaw Alongside Winter Weather Additionally, for the fifteenth consecutive month, annual inventory increased, with 24.6%

Sellers 332

Sellers Inventory New Listings Contracts 332

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? .

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Buyers Inventory Housing Market Government 248

Appraisal Buzz

OCTOBER 29, 2024

Sellers approved by Freddie Mac who use Loan Product Advisor will be able to take advantage of the new ACE and ACE+ PDR appraisal waiver expansions. A future Single-Family Seller/Servicer Guide Bulletin will include more details and the date of implementation. up to 97% for Home Possible loans).

Buyers 395

Buyers Appraisal Loan Officers Sellers 395

Housing Wire

FEBRUARY 24, 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. sales volume increased 9.4% year over year. In the U.S.,

Housing Market 355

Housing Market Marketing Realty Real Estate 355

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.

Inventory 355

Inventory Buyers Sellers Marketing 355

Housing Wire

OCTOBER 28, 2024

It was based on the premise that buyer brokers were using commission rates posted on the [ multiple listing service ] to steer buyers to properties that provided higher levels of compensation. … The settlement makes sense — but only on paper. The goal of the settlement was laudable,” Monestier writes. “It

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. While it appears that most sellers are still offering some level of compensation, 12% of agents reported they were still unsure of what the emerging trend will be. 30 and Sept.

Sellers 511

Sellers Buyers Agents Brokerage 511

Housing Wire

MARCH 25, 2025

-based Consumer Policy Center (CPC) warns that the common practice of percentage-based real estate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It.

Agents 366

Agents Sellers Buyers Real Estate 366

Appraisal Buzz

FEBRUARY 18, 2025

cities on Zillow between December 2023 and December 2024. Ranking second easiest for sellers is Allentown, Pennsylvania, with 57.4% On average, buyers took 36 days to close a deal, with a median sale price of $242,300 as of last October. The post Home Seller Hot Spots first appeared on The MortgagePoint. of houses sold.

Sellers 291

Sellers Home Value Buyers Real Estate 291

Housing Wire

MARCH 6, 2025

New marketplace for motivated sellers That is good news for sellers like Ricardo Sims, the out-of-state landlord who sold the Montgomery properties to Richards via SmartSale. Sims was able to sell the properties quickly thanks to the deep and wide pool of buyers using Auction.com, with its more than 7.4 million registered users.

Sellers 349

Sellers Inventory Landlords Renovations 349

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

Housing Wire

FEBRUARY 24, 2025

There are obviously fewer buyers who can afford these prices. In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. However, mortgage rates were climbing to their highest level of the year at this time in 2024. New listings To get a lot of homes on the market though we need some sellers.

Inventory 495

Inventory New Listings Sellers Contracts 495

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.

Inventory 488

Inventory Sellers Housing Market Contracts 488

Appraisal Buzz

JANUARY 27, 2025

Whilescheduled foreclosure auctions slightly increased from a two-year low in the previous quarter, the supply of properties available to purchase at foreclosure auction fell to a three-year low in Q4 of 2024. Even while sellers kept their prices the same for the quarter, that bid-ask spread shrank.

Sellers 415

Sellers Buyers Marketing Real Estate 415

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. Generation X buyers (ages 4559) held steady at 24% of their share.

Real Estate Agent 359

Real Estate Agent Sellers Buyers Agents 359

Appraisal Buzz

NOVEMBER 13, 2024

“Technology has enabled homeowners to live more sustainably and more affordably, which is a growing priority for prospective buyers,” said Amanda Pendleton, a Home Trends Expert at Zillow. It is an indication that a feature is in demand and appealing to a buyer when it appears in an increasing percentage of listings.

Buyers 418

Buyers Design Real Estate Agent Real Estate 418

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.”

Housing Market 396

Housing Market Tenants Marketing Mortgage 396

Housing Wire

MARCH 17, 2025

There were nearly 7% more sellers last week than the week prior. Here’s the bottom line: This spring, more sellers are trying to sell their homes. Here’s the bottom line: This spring, more sellers are trying to sell their homes. What is driving the sellers’ behavior? That means more sellers in time.

Inventory 428

Inventory New Listings Housing Market Sellers 428

Housing Wire

DECEMBER 4, 2024

While Kelly is hoping 2025 has fewer surprises than 2024, he said this way of thinking and preparing is something that HomeServices of America plans to carry into the new year. “It We were originally founded with the idea of having anything you need as a buyer or a seller transacting real estate all under one roof.

Legal 396

Legal Agents Real Estate Brokerage 396

Housing Wire

OCTOBER 24, 2024

Although completed foreclosure auctions have plateaued in 2024 at less than half of pre-pandemic levels, the number of delinquent mortgages is close to pre-pandemic levels, according to an Auction.com analysis of public record data from ATTOM Data Solutions and survey data from the Mortgage Bankers Association (MBA). There is a lot of fear.”

Retail 448

Retail Buyers Renovations Finance 448

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

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

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 450

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. But even investors have purchased fewer homes this year. Investor purchases at the national level peaked in June 2021 at 148,670.

Investors 448

Investors Housing Market Marketing Real Estate 448

Housing Wire

NOVEMBER 4, 2024

Let’s take a look at the data as we’re already in November 2024. The unsold supply of homes on the market has now passed its peak for 2024. When you include the 9,400 immediate sales, the total is 13% more sellers than a year ago. Sellers could dip again next week. This week, both sellers and buyers both accelerated.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

JANUARY 30, 2025

higher than in January 2024, good for the highest level for any January since 2021. Home buyers and sellers are ending a longstanding stalemate, Realtor.com chief economist Danielle Hale shared in the report. By comparison, that’s five more days than in January 2024 and three more than in December 2024.

Inventory 369

Inventory Sellers Marketing Buyers 369

Housing Wire

MARCH 12, 2025

If trends hold this year, sellers could see an average price increase of $4,800 compared to an average week and $27,000 more than a listing in early 2025. While market conditions were relatively stable in 2024 due to low inventory and buyer hesitation, an uptick in demand could accelerate the pace of home sales this spring.

Sellers 317

Sellers Inventory Buyers Housing Market 317

Housing Wire

AUGUST 1, 2024

When it comes to handling compensation eXp Realty is not mincing its words — it is not sharing its listing fee with the buyer’s broker. However, the firm says this does not mean it is unwilling to work with buyer’s brokers. But it will be their sellers who make the decision on an offer of compensation to a buyer broker.

Sellers 448

Sellers Buyers Agents Law 448

Housing Wire

MARCH 14, 2025

The price per square foot is $216, increased from $213 in March 2024. The market action index is 37, indicating that there is a slight seller’s advantage. Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer.

Real Estate 360

Real Estate Marketing Real Estate Agent Sellers 360

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. Stay alert for breaking news.

Mortgage 525

Mortgage New Listings Inventory Housing Market 525

Housing Wire

JANUARY 16, 2025

Across the 19 East Coast and Midwest states in which CSS operates, appraisals were higher than sale prices in 57% of transactions during the second half of 2024. That share was up from 53% in the second half of 2023 and 51% in the first half of 2024. year over year in October 2024. home prices rose by 3.6%

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Appraisal Valuation Home Value Housing Market 397

Appraisal Buzz

NOVEMBER 4, 2024

housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” said Jessica Lautz, NAR Deputy Chief Economist and VP of Research. First-time buyers decreased to 24% of the market share (32% last year). For first-time buyers, this number jumps to 64%.

Real Estate Agent 370

Real Estate Agent Buyers Sellers Real Estate 370

Housing Wire

MARCH 24, 2025

Hispanic homeownership rate declined for the first time in a decade in 2024, to 49%, but more Hispanic households own their homes than ever before. This is according to the 2024 State of Hispanic Homeownership Report created by the National Association for Hispanic Real Estate Professionals ( NAHREP ). million households.

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Finance Inventory Buyers Real Estate 347