Housing Wire

DECEMBER 16, 2024

Zillow says that 2024 will finish with 4.06 Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Fannie Mae , on the other hand, suggests that its unlikely that the 2025 housing market will deviate from its current norms.

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Housing Market Marketing New Listings Home Value 333

Housing Wire

APRIL 27, 2024

Weekly housing inventory data We’ve now had back-to-back weeks of healthy housing inventory growth and spring 2024 is much healthier than spring 2023. We have now seen it for two weeks as inventory grew by 13,247. Last year, we didn’t have any weeks of weekly active inventory growth above 11,000. 2022: 19.2%

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Inventory Housing Market Marketing New Listings 505

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. Prices at the start of 2024 turned positive again. One doesnt have to wade through the weeds of housing market data to figure out why.

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Housing Market Inventory Marketing Technology 381

Housing Wire

JANUARY 6, 2024

I believe we should get more sellers in 2024 than in 2023, but that doesn’t necessarily mean home prices will fall. This is why following the housing market tracker tied to the 10-year yield, mortgage rates, and purchase application data will be as critical as last year to tell you what’s going on in the housing market.

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Inventory New Listings Housing Market Mortgage 537

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. Inventory on the Rise While the nations housing inventory remains a challenge, a recovery is underway, with the number of homes for sale in November notching the highest mark since December 2019.

Housing Market 415

Housing Market Marketing Inventory Government 415

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%.

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Housing Market Marketing Buyers Real Estate 319

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. in Q2 of 2024.

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Housing Market Marketing Real Property Finance 384

Housing Wire

JULY 6, 2024

This is precisely what the doctor ordered for the housing market. In March of 2022, we only had 240,000 active single-family homes available for sale, leading me to call the housing market savagely unhealthy as we simply had too many people chasing too few homes. have higher inventory data than the national data.

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Housing Market Mortgage Inventory Marketing 455

Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. year over year in Q3 2024, representing a small change after four years of fluctuations. billion worth of properties in Q3 2024, up 3.4%

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Real Estate Investors HOA Housing Market 405

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.

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Housing Market Marketing Design Home Value 369

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. million existing home sales in 2024, a little increase over 2023’s 4.1

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Housing Market Tenants Marketing Mortgage 396

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.

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Housing Market Marketing Retail Development 462

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

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.

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Housing Market New Listings Marketing Inventory 435

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. The Q4 2024 survey had 602 respondents, 56% in the real estate industry and 44% in the mortgage industry.

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Real Estate Housing Market Real Estate Agent Marketing 420

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.

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Valuation Housing Market Marketing Home Value 417

Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale.

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Housing Market Marketing New Listings Sellers 340

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.

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Housing Market Marketing Inventory Buyers 415

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 primary challenges across the board involve operational efficiency, training, recruitment, and adapting to market changes.

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Housing Market Real Estate Agent Marketing Training 425

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. Real estate investors tend to be more insulated from these dynamics, particularly from mortgage rates, as they are more likely to buy properties with cash.

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Investors Housing Market Marketing Real Estate 365

Housing Wire

DECEMBER 16, 2024

Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market. Housing inventory It is December, of course, so inventory is falling for the season. There will be fewer homes on the market each week until February or so. Can there be too many homes for sale?

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Inventory Housing Market Marketing Sellers 399

Appraisal Buzz

DECEMBER 16, 2024

The top luxury vacation home markets for 2024 have been identified by Pacaso s fourth annual Top Vacation Home Markets Report. By analyzing second home-to-primary house ratios, rate lock growth, and price trends for properties costing more than $700,000, the research identifies the top 20 counties in the U.S.

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Housing Market Marketing Investing Inventory 369

Housing Wire

OCTOBER 4, 2024

After a slow start to the year, the housing market picked up the pace during the second quarter. billion for the quarter, according to the American Land Title Association (ALTA)’s Market Share Analysis that was published Thursday. billion in Q1 2024 and $3.92 billion in Q1 2024 and $3.92 in Q2 2024.

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Insurance Housing Market Marketing Real Estate 396

Housing Wire

MAY 25, 2024

But 2024 has proven that theory wrong. 2024 has had healthy inventory growth despite mortgage rates above 7%. Here’s the new listings data for last week over the last several years: 2024 72,329 2023: 62,150 2022: 82,725 Price-cut percentage In an average year, one-third of all homes take a price cut — this is standard housing activity.

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Inventory Mortgage New Listings Marketing 454

Housing Wire

SEPTEMBER 11, 2024

The mortgage spreads are improving in 2024. This is why I have focused so much of my work this year on the spreads: mortgage spreads improving like they usually do as we get closer to the first Fed rate cut are a massive story in 2024. It’s the old-and-slow Fed that has to play catch-up.

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Mortgage Marketing Housing Market 514

Housing Wire

SEPTEMBER 22, 2024

Have we seen the bottom in mortgage rates for 2024 after a crazy roller coaster ride so far this year? My 2024 forecast had a mortgage rate range of 7.25%-5.75%. To get to the lower end of this range, we needed to see two things: the labor market getting softer and the mortgage spreads improving. Yes, here’s how and why.

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Mortgage Inventory New Listings Contracts 483

Appraisal Buzz

OCTOBER 7, 2024

With some of the highest growth in active listings since before the pandemic, Florida dominates Realtor.com’s latest list of “ 10 easiest housing markets for homebuyers.” In Lubbock, for example, homes for sale shot up by more than 80% in one year, leading to a doubling of median days on the market.

Inventory 417

Inventory Housing Market Buyers Construction 417

Housing Wire

JULY 12, 2024

A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half of 2024, while ample amounts of home equity should keep many properties in loss mitigation from moving into foreclosure status. Respondents expected the U.S.

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Property Taxes Mortgage Insurance Government 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 477

Housing Market New Listings Marketing Mortgage 477

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 6, 2024

At HousingWire ‘s Mortgage Rates Center on Tuesday, the 30-year conventional loan rate averaged 6.8% — a new low point for 2024 that was just below the 6.83% figure to start the year. in early May.

Mortgage 483

Mortgage Government Tools Lending 483

Housing Wire

MAY 8, 2024

metro areas during the first quarter of 2024. The national median single-family existing-home price sat at $389,400 during the first quarter of 2024, up 5% compared to one year ago. Home prices trended up in almost all U.S. By contrast, the U.S. median price increased 3.4% year over year in Q4 2023.

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Marketing Buyers Realtors Home Value 483

Housing Wire

SEPTEMBER 12, 2024

Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season. Zillow noted that the U.S. median monthly mortgage payment in August had declined by more than $100 since peaking in May.

Housing Market 470

Housing Market Marketing Inventory Buyers 470

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. year over year in Q2 2024, the largest increase since Q2 2022, according to a report published Thursday by Redfin. annually in Q2 2024. of low-priced homes that sold in Q2 2024, up from 22.7%

Investors 417

Investors Tenants Real Estate Property Taxes 417

Housing Wire

NOVEMBER 12, 2024

Home Depot raised its fiscal outlook after strong third-quarter 2024 sales, driven by demand for seasonal goods and hurricane preparation in the Southeast. retailer by market capitalization reported $40.2 per share, in Q3 2024. The world’s largest home improvement retailer and fourth-largest U.S. Adjusted income was $5.6

Housing Market 342

Housing Market Marketing Retail Home Improvement 342

Appraisal Buzz

DECEMBER 23, 2024

Using factors like market stability, long-term growth, affordability, and market fluidity, this guide highlights housing markets expected to perform well in 2024. Top Cities With Strong Housing Markets in 2024 Data from sources like the U.S. metropolitan areas and all states.

Housing Market 397

Housing Market Investors Buyers Home Value 397

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. 18, with a market action index score of 55.77.

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Housing Market Marketing Inventory Clients 286