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. In the last few months, the market finally saw some sales growth over the previous year.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Housing Wire

FEBRUARY 14, 2025

On Friday, Fannie Mae reported $17 billion in net income in 2024, down slightly from its $17.4 billion in the fourth quarter of 2024, marking its 28th consecutive quarter of positive earnings. In 2024, Fannie Mae provided $381 billion of liquidity to the single-family and multifamily mortgage markets.

Mortgage 354

Mortgage Government Lending Finance 354

Appraisal Buzz

NOVEMBER 26, 2024

As 2025 draws near, mortgage rates are once again in the news. 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. Zillow predicts 4.3

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Housing Market Tenants Marketing Mortgage 396

Housing Wire

MARCH 31, 2025

Homeowners 62 and older saw their collective home equity levels drop by 1% in Q4 2024 to a total of $13.95 That’s according to the latest edition of the Reverse Mortgage Market Index (RMMI), a quarterly report compiled by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan.

Home Value 356

Home Value Finance Mortgage Marketing 356

Housing Wire

MARCH 19, 2025

Institutional home-buying activity remained subdued last year as transactional players including iBuyers , flippers, and sales leaseback firms dominated the market. A shift toward short-term holders The largest institutional buyers of 2024 were predominantly firms that only held properties temporarily.

Investors 380

Investors Real Estate Buyers Marketing 380

Housing Wire

JANUARY 17, 2025

Todays housing starts data exceeded estimates; however, a closer examination of the report with the builder confidence reveals that the recent rise in mortgage rates , approaching 7.25%, has negatively affected builder sentiment. Since late 2022, our analysis indicates that mortgage rates in the 6%-6.5% While rates in the 6-6.5%

Mortgage 488

Mortgage Housing Market Construction Marketing 488

Housing Wire

DECEMBER 19, 2024

Its late December so all the 2025 mortgage rate forecasts have been published. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. Unfortunately, all of them are already wrong.

Mortgage 488

Mortgage Housing Market Marketing Realtors 488

Housing Wire

JANUARY 30, 2025

High mortgage rates have not significantly dented housing demand due to greater numbers of cash transactions. According to Bright MLS chief economist Lisa Sturtevant, 2024 marked a 30-year low for pending home sales. However, with mortgage rates rising in December and pushing above 7% in January, buyers and sellers are hesitant.

Contracts 448

Contracts Housing Market Buyers Realtors 448

Housing Wire

DECEMBER 27, 2024

Reverse mortgage business and mortgage business generally is not where people want it to be. That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. I think that’s true from an industry standpoint.

Mortgage 397

Mortgage Retail Lending Business 397

Housing Wire

MARCH 12, 2025

Reverse mortgage leader Finance of America (FOA) recorded a quarter-over-quarter loss in the fourth quarter of 2024, but still notched a full-year profit. at the close of the market on March 11 to $17.89 But by the markets close that evening, the share price rose to $21.75. at the opening bell on March 12.

Finance 394

Finance Retail Tools Mortgage 394

Housing Wire

FEBRUARY 8, 2025

Another jobs week has come to an end, and amid the chaotic headlines about job numbers, tariffs , and the leadership of the Treasury , mortgage rates remained calm. Better mortgage spreads are limiting how high rates can rise in 2025. Mortgage spreads refer to the difference between the 10-year yield and the 30-year mortgage rate.

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Mortgage Inventory New Listings Contracts 492

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.

Realtors 415

Realtors Buyers Marketing Mortgage 415

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.

Investors 343

Investors Finance Renovations Buyers 343

Housing Wire

MARCH 3, 2025

Annual property insurance costs for mortgaged single-family homes rose by a record $276 (or 14%) to $2,290 in 2024, per the latest Intercontinental Exchange (ICE) Mortgage Monitor Report released Monday. Locations that saw the largest percentage increases in 2024 were Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%).

Insurance 344

Insurance Mortgage Housing Market Marketing 344

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

DECEMBER 17, 2024

Mortgage applications for new-home purchases increased 7.2% year over year in November, according to data from the Mortgage Bankers Association ‘s (MBA) builder application survey that was released Tuesday. Applications decreased by 12% from October 2024. That estimate is down 4.6% from the October pace of 747,000 units.

Mortgage 397

Mortgage Marketing Inventory 397

Housing Wire

JANUARY 16, 2025

The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%, but today, the 10-year yield fell after remarks by Fed President Chris Waller about whether the Fed would do even more rate cuts than the market was anticipating. It’s not booming. It’s not falling.”

Mortgage 511

Mortgage Construction Marketing Government 511

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

MARCH 8, 2025

Mortgage rates are declining, and recent purchase application data shows a promising 9% week-to-week increase and a 2% rise compared to the previous year. Does this indicate that the housing market is beginning to wake up just in time for spring? It is important to note that mortgage rates rose to around 6% in late 2022 and early 2023.

Mortgage 451

Mortgage Inventory New Listings Housing Market 451

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.

Inventory 359

Inventory Buyers Home Value Housing Market 359

Housing Wire

NOVEMBER 21, 2024

Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast , which predicted 2.33% home-price growth for 2024.

Mortgage 493

Mortgage Housing Market Inventory Contracts 493

Housing Wire

NOVEMBER 1, 2024

The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients. Congratulations to the 2024 Tech Trendsetter honorees! This year, 75 honorees were selected. Take a look at the full list below.

Technology 435

Technology Realty Real Estate Development 435

Housing Wire

JANUARY 29, 2025

The Federal Reserve didnt raise or cut interest rates today, but the meeting highlighted something I have been emphasizing since 2022: the Fed is shaping its policy around the labor market more than inflation. However, the Fed only cut rates when they believed the labor market was softening in the second half of 2024.

Marketing 429

Marketing Housing Market Construction Mortgage 429

Housing Wire

MARCH 12, 2025

loanDepot on Wednesday released its financial results for the fourth quarter and full year of 2024. The earnings report showcased a mixed picture for the Irvine, California -based mortgage lender. In Q3 2024, the company returned to a state of profitability after an 11-quarter streak of financial losses.

Investing 341

Investing Mortgage Marketing 341

Housing Wire

MARCH 4, 2025

March figures to be a crucial month for gauging consumer interest in the 2025 housing market. The pace of home sales remains near a 30-year low point as home prices and mortgage rates keep potential borrowers in wait-and-see mode. But mortgage rates have posted an unusually large decline in the past week.

Mortgage 484

Mortgage Contracts Buyers Housing Market 484

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

MARCH 12, 2025

Mortgage applications increased 11.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 7, 2025. The refinance share of mortgage activity increased to 45.6% of total applications from 43.8% from 16.7%

Mortgage 435

Mortgage Contracts Government Housing Market 435

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. An index score above 50 indicates market expansion, while a score below 50 indicates contraction.

Investors 434

Investors Mortgage Property Taxes Inventory 434

Housing Wire

OCTOBER 30, 2024

A 60 basis point increase in mortgage rates in October has strangled mortgage demand, particularly for refinancings , according to the latest survey data from the Mortgage Bankers Association. Mortgage applications overall decreased 0.1% The refinance share of mortgage activity decreased to 43.1% the previous week.

Mortgage 468

Mortgage Government Inventory Marketing 468

Housing Wire

APRIL 2, 2025

The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. Since we believe in the close relationship between the 10-year yield and mortgage rates , we expect mortgage rates to decrease tomorrow if bond yields continue to decline. But the real game changer? Housing data!

Mortgage 453

Mortgage Housing Market Marketing 453

Appraisal Buzz

DECEMBER 5, 2024

ATTOM has released its latest Special Housing Market Impact Risk Report , a study examining county-level housing markets around the U.S. that are more or less vulnerable to declines, based on home affordability, equity, and other measures in the third quarter of 2024. They included four in the Washington, D.C.

Housing Market 397

Housing Market Marketing Property Taxes Mortgage 397

Appraisal Buzz

MARCH 13, 2025

After decreasing for seven consecutive weeks, mortgage rates remained basically flat this week, with the average rate for a 30-year, fixed-rate mortgage at 6.65%, up slightly from 6.63% last week, according to Freddie Macs Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 6.74%.

Marketing 322

Marketing Mortgage Inventory Housing Market 322

Appraisal Buzz

MARCH 13, 2025

As housing affordability reached its lowest point since 2006, one group stood out in defying market trendssingle women. In 2024, the homeownership rate among single women rose slightly to 51.9%, up from 51.8% Each mortgage payment serves as a form of forced savings, helping homeowners build wealth over time. among single men.

Housing Market 394

Housing Market Marketing Home Value Tools 394

Housing Wire

MARCH 17, 2025

At the end of 2024, I wrote that the homebuilding sector could be a potential wildcard for 2025 and that was before the new tariffs on building materials and firing of federal workers. If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important?

Mortgage 478

Mortgage Government Development Business 478

Housing Wire

FEBRUARY 27, 2025

Homebuyers faced worsening affordability conditions in January as the median monthly mortgage payment for purchase applicants increased to $2,205, a 3.7% jump from Decembers $2,127, according to the Mortgage Bankers Association (MBA). in December, signaling that mortgage payments have risen at a faster pace than rental costs.

Mortgage 410

Mortgage Buyers Housing Market Marketing 410

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

DECEMBER 16, 2024

Dramatic mortgage rate movements are destined to play a major role in the coming year, according to Zillow ‘s newest forecast , which also calls for declining mortgage rates to be a catalyst for home-sales growth and home-price appreciation in 2025. Zillow says that 2024 will finish with 4.06 million in 2025.

Housing Market 370

Housing Market Marketing New Listings Home Value 370