Housing Wire

MAY 2, 2024

and Liberty Reverse Mortgage , reported an overall improvement in its business performance for the first quarter of 2024 — including better reverse mortgage performance attributed to servicing and higher gains on loans held for sale. Ocwen Financial Corp., parent company of PHH Mortgage Corp.

Contracts 311

Contracts Mortgage Market Value Technology 311

Housing Wire

DECEMBER 11, 2023

I’ve been trying to highlight in the last few weeks how the pace of home sales has stopped declining and is about to show some recovery in 2024. Why we’ll have more home sales in 2024 than 2023. more new contracts started than the same week last year. fewer contracts pending overall than last year at this time.

Inventory 453

Inventory Contracts Sellers Real Estate 453

Housing Wire

JULY 8, 2024

With a contracted market in 2023 and continuing into 2024, all of United’s growth is from organic growth on a highly advantaged business model which because of deep investments United can deliver equal or superior programs to its affiliated agents while offering the best agent compensation plans.”

Brokerage 421

Brokerage Real Estate Agents Contracts 421

Housing Wire

JULY 27, 2024

One of my critical forecasts for 2024 was the growth of new listings data and active inventory, even with higher mortgage rates. Many of my CNBC interviews , starting from late last year and just last week , have been on this theme, and new listings have grown in 2024. However, the new listings data has slightly disappointed me.

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New Listings Inventory Mortgage Sellers 460

Housing Wire

AUGUST 25, 2024

Agently Brokerage pricing: $459 per month for up to 20 users Contract required: None Integrations: Follow Up Boss, Sierra Interactive, kvCORE, Chime Agently is a gamified agent productivity app that simplifies agent onboarding, accountability and training to help agents stay motivated to hit sales goals. Here are our three top picks for 2024.

Real Estate 358

Real Estate Brokerage Contracts Training 358

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. In a suit filed Friday in U.S. The complaint states that in mid-April, Side and Official Partners executed an amended and restated secured promissory note.

Contracts 325

Contracts Brokerage Real Estate Legal 325

Housing Wire

JULY 29, 2024

New home sales contracts are coming in pretty consistently fewer than last year — 4.9% Our Immediate sales measure of homes that get listed, take offers and go into contract in a few days is also notably lower than last year. I wonder whether the 2024 housing market is beyond saving? housing market at the end of July 2024.

Housing Market 347

Housing Market Marketing Inventory New Listings 347

Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. ” “Transparency in commission structure.”

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Brokerage Real Estate Training Buyers 384

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! Home prices finished 2024 up a few percent nationally and mortgage rates are at their highest level in seven months back over 7% as we head into January. This chart is of the total count of single-family homes under contract.

Housing Market 425

Housing Market Marketing New Listings Inventory 425

Housing Wire

FEBRUARY 15, 2024

We are excited about how we are set up for 2024 and beyond,” CEO Carrie Wheeler told investors and analysts listening to the firm’s Q4 2023 earnings call on Thursday evening. Looking where we stand today, we are expecting an increase in contract volume late in Q1, which will translate into sequential acquisition growth in Q2,” Wheeler said.

Business 339

Business Advertising Inventory Contracts 339

Housing Wire

JANUARY 10, 2024

In this article, we explore nine exceptional real estate lead generation companies that can supercharge your lead generation efforts, each with its unique strengths and limitations.

Real Estate 343

Real Estate Real Estate Agent Tools Agents 343

Housing Wire

MARCH 22, 2024

To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. Visit Top Producer Related Articles The 9 top real estate lead generation companies for 2024 6 best real estate lead generation websites for 2024 The ultimate guide to real estate lead generation ideas for 2024 2.

Real Estate 382

Real Estate Sellers Real Estate Agent Tools 382

Housing Wire

JANUARY 2, 2024

real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. We have more homes going into contract each week now than we did a year ago — supply and demand are climbing together. There are now 258,000 single family homes in contract. Sales rates are climbing.

Housing Market 527

Housing Market Marketing Inventory Contracts 527

Housing Wire

DECEMBER 7, 2024

We also see growth in our pending contract data compared to 2022 and 2023. Weekly pending sales The weekly pending contract data from Altos Research offers an insightful look into real-time housing demand. The year-over-year inventory growth is the best housing story for 2024. Weekly inventory change (Nov.

New Listings 479

New Listings Inventory Contracts Housing Market 479

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. The more authentic, the better. Think of your social media audience as like the waiting room for your owned audience.

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Real Estate Tools Marketing Real Estate Agent 431

Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. The trade organization projects a 13% increase in existing home sales between 2023 and 2024 for an annualized pace of 4.62

Contracts 472

Contracts Housing Market Construction Inventory 472

Housing Wire

JANUARY 8, 2024

Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. But, 2024 is starting stronger than last year. But, 2024 is starting stronger than last year. Could the housing market change and slow again in 2024? So the sales rate is already growing for 2024.

Real Estate 503

Real Estate Marketing Inventory New Listings 503

Housing Wire

JANUARY 12, 2024

Whether you’re a newly licensed agent or leading a large-scale operation, these CRMs can help turn everyday challenges into opportunities for growth and success. Whether you’re a newly licensed agent or leading a large-scale operation, these CRMs can help turn everyday challenges into opportunities for growth and success.

Real Estate 425

Real Estate Real Estate Agent Tools Agents 425

Housing Wire

JULY 3, 2024

But while home sales are trending at the lowest levels ever when adjusting to the workforce, we have some very positive housing data lines in 2024 compared to the stressed housing markets of past years. In 2024, that number has plummeted to 1.8% , the lowest level ever. Chart below represents Q1 2024 data. Why choose 2011?

Housing Market 331

Housing Market Marketing New Listings Contracts 331

Housing Wire

JANUARY 19, 2024

The government sponsored enterprise is projecting that rates will drop below 6% by the end of 2024, which in turn will boost refi volumes and help thaw the existing home sales market. Following years of volatility in mortgage rates, the housing market will begin its gradual return to a more normal balance in 2024. million in Q4 2023.

Mortgage 541

Mortgage Contracts Construction Government 541

Housing Wire

JUNE 27, 2024

An index of 100 is equal to the level of contract activity in 2001. Pending sales are a forward-looking indicator of home sales based on contract signings, so two consecutive months of declining pending home sales suggest a negative outlook for sales activity,” Odeta Kushi , First American’ s deputy chief economist, said in a statement.

Inventory 486

Inventory Contracts Realtors Buyers 486

Housing Wire

NOVEMBER 21, 2023

Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. Together, the two may suggest that there really is nowhere to go but up in 2024,” she said. “In Looking at the four major U.S.

Inventory 395

Inventory New Listings Realtors Contracts 395

Housing Wire

MAY 28, 2024

real estate market at the end of May 2024. Inventory will peak in late summer and is expected to end 2024 with about 620,000 single-family homes on the market, which would be about 20% more than the year prior. There were 72,000 new listings unsold and another 18,000 listings that are already under contract (i.e.,

Inventory 503

Inventory New Listings Contracts Sellers 503

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. This can help get mortgage rates down toward 5.75%.

Mortgage 494

Mortgage Inventory New Listings Contracts 494

Housing Wire

NOVEMBER 30, 2024

10-year yield and mortgage rates My 2024 forecast included: A range for mortgage rates between 7.25%-5.75% A range for the 10-year yield between 4.25%-3.21% The recent decrease in mortgage rates can be attributed to dynamics in the bond market and the current sentiment among bond traders. We’ll see if we get a repeat this year.

Mortgage 492

Mortgage Inventory New Listings Contracts 492

Appraisal Buzz

OCTOBER 30, 2024

increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, The amount of contract activity in 2001 is represented by an index of 100. Year-over-year, contract signings grew in the Northeast and West and were unchanged in the Midwest and South. September saw a 7.4%

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

NOVEMBER 23, 2024

Weekly pending sales The Altos Research weekly pending contract data provides insights into real-time demand. Even today, the pending contract data remains resilient despite higher home prices and mortgage rates than last year. Still, when it’s all said and done, 2024 will be the second-lowest new listings year in history.

Mortgage 474

Mortgage Inventory New Listings Contracts 474

Housing Wire

JULY 20, 2024

We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates , we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A. Yes, home prices are still rising in 2024, but the pace is significantly slower than in 2020 and 2021.

Inventory 514

Inventory New Listings Contracts Mortgage 514

Housing Wire

FEBRUARY 15, 2024

Still, reverse mortgage professionals are always keeping their eyes peeled, and a group of them shared what they’re looking out for in 2024 for their businesses. That’s proved to be beneficial for me over the years, and that’s something I’m going to continue to do in 2024.”

Mortgage 351

Mortgage Clients Business Law 351

Housing Wire

DECEMBER 21, 2024

Despite this, we had positive data on existing home sales , purchase applications, and our weekly pending contract figures. Therefore, Id like to conclude that 2024 ended the year slightly positively. Mortgage spreads The unsung hero of the housing market in 2024 has been the improvement in mortgage spreads.

Housing Market 418

Housing Market Marketing Inventory New Listings 418

Housing Wire

DECEMBER 19, 2023

In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. Rates are falling now and if that continues, buyers will jump and inventory will fall well into the first quarter of 2024. more new contracts started this week than the same week a year ago.

Sellers 442

Sellers Marketing Inventory Contracts 442

Housing Wire

JUNE 7, 2024

I’ll explain why a detailed plan is crucial for every agent in 2024, and I’ll walk you through the actionable, step-by-step guide I’ve used with hundreds of agents to help you create your own unique plan. Finally, I’ll wrap up with the three marketing tools every agent needs to hit the ground running in 2024.

Real Estate 377

Real Estate Marketing Agents Tools 377

Housing Wire

JULY 6, 2024

Weekly housing inventory data While inventory growth this week slowed to 6,803 — well below my weekly target level of 11,000 -17,000 with elevated mortgage rates — the fact that we hit this target level five times this year versus zero last year is a big reason why 2024 has been a much better year for housing than 2023.

Housing Market 455

Housing Market Mortgage Inventory Marketing 455

Housing Wire

DECEMBER 14, 2024

Additionally, our pending contracts are still reflecting double-digit year-over-year growth. Lets look at this weeks Tracker data to see if this trend can continue for the rest of 2024. Weekly pending sales The weekly pending contract data from Altos Research gives us a great peek into real-time housing demand.

Mortgage 413

Mortgage Inventory New Listings Contracts 413

Housing Wire

NOVEMBER 14, 2023

Remember the Altos rule: If rates go up, inventory will build in 2024. Meanwhile, there are 66,000 new, single-family listings this week, with 11,000 of those already under contract. New contracts pick up year over year We saw 52,500 new contracts started this week for single-family home purchases, which is low.

Housing Market 447

Housing Market Marketing Inventory Contracts 447

Housing Wire

APRIL 23, 2024

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Real Estate 396

Real Estate Agents Best Value Design 396

Housing Wire

JULY 13, 2024

The year-to-date data for 2024 is still unfavorable, with 10 positive prints, 14 negative prints and two flat prints. Here are the new listings for last week over the last several years: 2024: 56,638 2023: 57,304 2022: 71,790 Price-cut percentage In an average year, one-third of all homes take a price cut — this is standard housing activity.

Mortgage 488

Mortgage New Listings Inventory Contracts 488