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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Inventory Housing Market Marketing Sellers 369

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.

Housing Market 366

Housing Market Retail Marketing Sellers 366

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.

Housing Market 370

Housing Market Marketing Buyers Real Estate 370

Housing Wire

DECEMBER 20, 2024

Despite 2025 housing market predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. See what she had to say below and register today for the Housing Economic Summit on Feb. Home building is expected to increase in 2025.

Real Estate 230

Real Estate Housing Market Marketing Realtors 230

Housing Wire

DECEMBER 16, 2024

The COVID-19 pandemic turned a number of nontraditional cities into housing market hotspots. While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Indianapolis has an affordable housing market that will make it attractive.

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Housing Market Marketing Inventory Realtors 230

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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Mortgage Sellers Real Estate Buyers 370

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

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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Real Estate Marketing Insurance Property Taxes 493

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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Buyers Marketing Mortgage Real Estate Agent 493

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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Finance Home Value Mortgage Government 435

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.

Housing Market 395

Housing Market Mortgage Buyers Appraisal 395

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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Sellers Housing Market Buyers Marketing 397

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 Market Marketing Property Taxes Inventory 459

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.

Real Estate 366

Real Estate Brokerage Agents Business 366

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 Market Marketing Buyers Design 195

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

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.

Inventory 243

Inventory Bracketing Buyers Housing Market 243

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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Mortgage Clients Inventory Business 370

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

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 Market Marketing Inventory Lending 418

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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Inventory Construction Housing Market Mortgage 240

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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Real Estate Agent Agents Real Estate Buyers 488

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. trillion in origination volume in 2025, up from a projected $1.70 In June, 38% of buyers successfully completed a purchase through Bright MLS while submitting only a single offer.

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Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

NOVEMBER 26, 2024

Numerous housing market and mortgage rate forecasts for 2025 have been released in the past month. In light of recent market trends, a 150 basis point range in 2025 seems plausible. In 2025, the conforming limit for loans purchased by Fannie Mae and Freddie Mac will rise to $806,500 for single-family homes, up 5.2%

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Mortgage Sellers Housing Market Buyers 397

Appraisal Buzz

AUGUST 7, 2024

The general lack of affordability is still holding down consumer sentiment toward the housing market, as evidenced by the July decline of 1.1 This month, just 17% of consumers said they thought it was a good time to buy a house, down from 19% in June, and 66% said they thought it was a good time to sell.

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Housing Market Marketing Mortgage Buyers 284

Appraisal Buzz

DECEMBER 19, 2024

More buyers have entered the market as the economy continues to add jobs, housing inventory grows compared to a year ago, and consumers get used to a new normal of mortgage rates between 6% and 7%. The main constraints in the housing market have been inventory and affordability, Sturtevant said. from October to 4.15

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Inventory Realtors Buyers Contracts 312

Appraisal Buzz

OCTOBER 30, 2024

Jones explained that pending home sales, also known as contract signings, measure the first official stage of a home sale transaction—when a buyer and seller have reached an agreement on terms and price. Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months.

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Contracts Buyers Inventory Mortgage 418

Housing Wire

NOVEMBER 25, 2024

We saw two signals that buyers are backing off in the face of mortgage rates. We measured a small acceleration of price cuts, which may have happened when buyers and sellers got disappointed by the cost of money after the election. The 2025 lines will trend higher, even closer to the old normal levels. We’re forecasting 4.2

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New Listings Inventory Sellers Contracts 397

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. Housing inventory climbed late in the year as mortgage rates rose. Rates are falling now and if that continues, buyers will jump and inventory will fall well into the first quarter of 2024. We had 37.6%

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Sellers Marketing Inventory Contracts 482

Appraisal Buzz

JULY 24, 2024

The report highlights significant challenges faced by homeowners, mortgage entities, and the housing market as a whole due to record premium increases, ongoing new business restrictions, and carrier exits. The post Home Insurance Premiums Surge as Buyers Adapt to Market Conditions first appeared on The MortgagePoint.

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Insurance Buyers Marketing Business 370

Housing Wire

JUNE 13, 2024

That’s a place where rates are really having a significant effect,” Powell said during a press conference after Wednesday’s meeting of the Federal Open Markets Committee (FOMC). For 2025, projections went from 3.9% “As of now, the market is pricing in just one cut by the end of the year and 2-3 cuts in 2025. .

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Inventory Mortgage Sellers Housing Market 468

Housing Wire

MARCH 8, 2024

Consumer sentiment toward housing inched higher for a third consecutive month as respondents feel increasingly optimistic about home selling conditions. housing market and consumer confidence to buy or sell a home, rose 2.1 trillion in 2025, up from $1.50 points in February to 72.8. The full index is up 14.8

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Housing Market Mortgage Development Buyers 497

Housing Wire

DECEMBER 4, 2024

The past year may have been a turbulent one for HomeServices of America , but according to executive vice president Chris Kelly, this just means the company is in an even better position heading into 2025. We are not going not going to head into 2025 in a full market recovery.

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Legal Agents Real Estate Brokerage 388

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 221

Housing Wire

DECEMBER 7, 2024

The home-buying process can be overwhelming and the main barrier for many is a lack of knowledge on the process[but] while the market may seem daunting right now, it may still be the right time for buyers who are well-prepared financially to take on homeownership, she said. This range is in line with most other housing forecasts.

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Buyers Mortgage Housing Market Marketing 448

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 195

Housing Wire

NOVEMBER 27, 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. Higher mortgage rates mean that some buyers might decide to wait until 2025.” year over year and 2% compared to September. However, there are headwinds. million.

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Marketing Realtors Housing Market Lending 370