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. As we look into 2025, the question everyone is asking is: Do we have a new era starting? Does the housing market start to get back to normal? We expect that growth to continue in 2025.

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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. Mortgage rates continue to move higher and that’s impacting buyers. Find out more here.

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Housing Market New Listings Marketing Inventory 448

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.

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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. “There’s a strong sense of dj vu on tap for 2025. million in 2025.

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Housing Wire

DECEMBER 16, 2024

Inventory is still very tight in places like Chicago and New England, but it is rising in these markets. And 2025 is poised to continue the trend of rising inventory across the country. Well probably finish 2025 with 15% more homes available than we have now. How will that impact home prices in 2025?

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Housing Wire

JANUARY 7, 2025

housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. Overall, the agents surveyed have a positive outlook for the year, driven by renewed confidence in the market, a larger selection of desirable properties and more purchasing power.

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Housing Market Luxury Properties Marketing Design 334

Housing Wire

DECEMBER 23, 2024

When mortgage rates decline, sales improve, but it becomes more challenging for builders and buyers when rates rise. Housing starts and permits are in a recession today while the number of completed units from homebuilders is increasing. This situation poses a risk to construction labor in 2025.

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Housing Wire

DECEMBER 30, 2024

“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. ” Housing industry experts attribute the recent increases in pending home sales to a shift in buyer attitudes about mortgage rates.

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Housing Wire

DECEMBER 28, 2024

The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. Although those 2019 levels represent a five-decade low before COVID-19, the market was still functioning better than it did from 2020 to 2023.

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Housing Wire

DECEMBER 12, 2024

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. Register today to attend the Housing Economic Summit in Dallas, on Feb.

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Appraisal Buzz

JANUARY 3, 2025

According to Zillow s most recent market research, the erratic and abrupt changes in mortgage rates that had a significant impact on the housing market in 2024 will undoubtedly be a significant factor in the upcoming year. By 2025, that figure ought to increase somewhat to 4.16 The post Will Home Sales Increase in 2025?

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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. Elevated mortgage rates have stymied the broader housing market in 2024, but the luxury segment is somewhat insulated from that because wealthy buyers are less likely to need a mortgage.

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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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Appraisal Buzz

DECEMBER 13, 2024

The National Association of Realtors (NAR) has announced 10 top hot spots for the 2025 housing market based on economic, demographic and housing factors predicted to significantly impact local markets.

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Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market.

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Housing Wire

JANUARY 15, 2025

The year 2025 will be transformative for real estate. Rising personal home insurance rates, fueled by escalating claims costs, increasing property values and the growing frequency of natural disasters, will all have a profound impact on market dynamics and homeowners insurance costs.

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Appraisal Buzz

SEPTEMBER 5, 2024

With the total number of homes on the market at its greatest point since May 2020 and interest rates about to start declining, buyers will have more options this autumn. The Realtor.com August Housing Trends Report shows that the number of homes actively for sale increased by 35.8% overall to $429,990. from July’s levels.

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Housing Wire

JANUARY 9, 2025

In a challenging and expensive housing market , some prospective homebuyers may compromise on certain standards and features to secure their purchase. But survey data released Thursday by Bright MLS found that some standards were top priorities for some buyers. More specifically, 56.1% More specifically, 56.1% Another 37.8%

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Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. Buyers] have been the ones to benefit from just the steadiness and lack of volatility.” Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago.

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Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. real estate market is marked by contradictions that are leaving many confused. Mortgage rates, rental patterns, homeownership dreams, and housing trends across the country are all seemingly colliding in ways that create both opportunities and uncertainties. But there’s more to the story.

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Appraisal Buzz

NOVEMBER 5, 2024

Like much of the housing market at the moment, home prices remained relatively flat coming into the fall,” says Selma Hepp, chief economist for CoreLogic, in a statement. Photo: Frames For Your The post CoreLogic: Home Price Growth Forecast to Flatten in 2025 appeared first on Appraisal Buzz.

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Housing Wire

DECEMBER 9, 2024

If 2024 was a rollercoaster, 2025 is shaping up to be a championship gameand every buyer , seller and homeowner has a shot at winning big. After a year filled with rate swings, unpredictable markets and a bit of drama (thank you, inflation), the real estate world is ready for a fresh start.

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Housing Wire

JANUARY 7, 2025

housing market. In those times, we just had far more buyers than sellers. Thats not true now, so we should expect inventory to begin building for the year in February 2025. The new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S.

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Housing Wire

NOVEMBER 11, 2024

I’m now looking forward to 2025 when the data comes in each week. We’ll release the HousingWire 2025 Forecast paper in the next week or so where we’ll lay out our expectations, scenarios, and data to track for the real estate market in the coming year. We’re also at the seasonal decline time for the housing market.

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Housing Market Marketing Inventory New Listings 397

Housing Wire

NOVEMBER 26, 2024

The Federal Housing Finance Agency (FHFA) has set a new baseline conforming loan limit of $806,500 for one-unit properties in 2025, authorizing Fannie Mae and Freddie Mac to purchase mortgages up to this amount. The adjustment indicates a weaker housing market this year, driven by still-elevated mortgage rates.

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Housing Wire

DECEMBER 30, 2024

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. “I explain to sellers that their house will sit on the market if its not fairly priced.

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Inventory Sellers Housing Market Contracts 488

Housing Wire

NOVEMBER 15, 2024

Rocket Companies ’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and an expanding servicing portfolio. Here’s HousingWire’s early look at Rocket Mortgage’s 2025 recapture play strategy.

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Appraisal Buzz

DECEMBER 16, 2024

The destinations on this years list really capture the breadth of the luxury vacation home market, said Austin Allison, CEO and Co-Founder of Pacaso. Were seeing strong indications that demand for both primary and secondary homes will continue to grow into 2025, Allison said.

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Housing Market Marketing Investing Inventory 370

Appraisal Buzz

DECEMBER 11, 2024

is Realtor.coms Top Housing Market for 2025 , a list of the top 100 housing markets that are forecast to see increased sales in the coming year. Rounding out the top 10 markets are Miami-Fort Lauderdale-Pompano Beach, Fla.; Colorado Springs, Colo. Virginia Beach-Norfolk-Newport News, Va.-N.C.;

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Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. million — once that happens, I can take the unhealthy label off the housing market.

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Housing Wire

JANUARY 26, 2024

The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. Job additions and income growth will further help with housing affordability, but increased supply will be essential to satisfying all potential demand.”

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Contracts Housing Market Construction Inventory 482

Housing Wire

DECEMBER 12, 2024

Many in the real estate industry are looking at 2025 as a year to get back to the basics of the business, but Side is taking it one step further. As Side looks to 2025, the company wants to continue strengthening its agents and the industry as a whole through its education initiatives.

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Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. As long as mortgage rates stay elevated, which seems likely for at least 2025 , well build a market with more and more homeowners with expensive mortgages. More selection for buyers, for one thing.

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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.

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Housing Market Marketing Sellers Appraisal 292

Appraisal Buzz

DECEMBER 16, 2024

As the new year draws near, Fannie Mae anticipates that many of the housing trends from 2024 will persist in 2025, with the lock-in effect of mortgage rates and housing affordability continuing to be major obstacles for countless Americans. million in 2025, which is an estimated 4.8% more than the 4.06 lower than in 2019.

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Housing Wire

MAY 14, 2024

The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025. “We We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. More than 80% of recent buyers asked for at least one seller concession.

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Sacramento Appraisal Blog

DECEMBER 16, 2024

What’s January going to be like in 2025? What can we expect ahead for the housing market? Today, I have three quick points, and while these visuals are specific to my area, some of the language use can be used in many different markets. This is my last blog post of 2024.

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Housing Market Marketing Appraisal Sellers 279