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. HW: What housing trends do you think will continue in 2025 and why? JL: Housing inventory has been climbing in recent months.

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Appraisal Buzz

DECEMBER 30, 2024

Key Takeaways Interest rates should continue to decrease in 2025. Housing inventory will likely still be low in 2025, and demand could increase. Will Interest Rates Go Down in 2025? Good news: Mortgage rates will likely continue going down in 2025! But 510% is okay, too, if youre a first-time home buyer.

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Housing Wire

DECEMBER 9, 2024

As we look into 2025, the question everyone is asking is: Do we have a new era starting? We know inventory has been climbing all year. The northern cities have tight inventory and rising prices, some of the Sunbelt cities have the most inventory in many years, and some markets even have falling prices, too.

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Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more.

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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. As a result, housing affordability remains a challenge, with buyers spending about 31.1% regions continued to see active inventory grow over the previous year. of income and a cost of living 11.5% above the U.S.

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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. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” increase in property values in 2025.

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Housing Wire

DECEMBER 16, 2024

While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Locked-in mortgages have been widely credited with cutting off housing inventory. Homeowners who might want to move are reluctant to give up their existing mortgage rates, particularly pandemic buyers who purchased at rates near 3%.

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Housing Wire

FEBRUARY 28, 2025

Forecasts for the housing market in 2025 are not that rosy, but Ryan McKeveny and Brian Hale see this as a good thing for the years ahead. When we are looking at lower spreads, the Fed was an active buyer of mortgage backed securities (MBS), but clearly they arent today. There’s really no shortage of demand, Hale said.

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Housing Wire

JANUARY 27, 2025

Recently, weve shared that the inventory of unsold homes is growing. There are already plenty of markets nationwide where the inventory of unsold homes has built up over the past few years and home prices have ticked down. Lets take a look at the data for the third week of January 2025. this week is $421,000. It is negative.

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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. For existing home sales, Zillow forecasts 4.3

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Appraisal Buzz

FEBRUARY 13, 2025

Redfin cited a number of reasons for this increase in the nations housing inventory, including: The mortgage rate lock-in effect is fading: A number of homeowners who scored low mortgage rates during the pandemic have been staying put because moving would mean taking on a higher rate. month-over-month, and 4.7% year-over-year.

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Appraisal Buzz

JANUARY 9, 2025

In 2025, Florida and the Mid-Atlantic are the greatest locations for first-time homebuyers to begin their road toward home ownership. Even in these high-opportunity areas, tradeoffs likely need to be considered for buyers to get to the closing table. 140,000 2.6 2 Rochester, NY Northeast 22.3% 129,900 2.5 3 Villas, FL South 14.1%

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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 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. Whether youre looking to buy your first home, upgrade or simply gain clarity on the current market , this guide is your insiders playbook to tackle 2025 with confidence.

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Appraisal Buzz

FEBRUARY 5, 2025

Auction.com has released its 2025 Distressed Market Outlook , which forecasts foreclosure auction volume decreasing 8% in 2025 as a baseline scenario. Those two scenarios have foreclosure auction volume increasing in 2025. This data provides forward-looking insight into retail housing market trends.

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Housing Wire

JANUARY 6, 2025

Altos Research tracks every home for sale in the country every week all the active inventory and pending sales as they happen as well as prices and supply and demand metrics Lets look at this weeks data. Inventory fell There are 635,000 single-family homes unsold on the market now. In 2018, mortgage rates and inventory rose all year.

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Housing Wire

JANUARY 9, 2025

But survey data released Thursday by Bright MLS found that some standards were top priorities for some buyers. According to the survey, more than half of prospective buyers ranked the condition of the home as the most important factor in their home search. More specifically, 56.1% More specifically, 56.1% Another 37.8%

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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%. million units in total housing inventory, which was 2.9% million units in total housing inventory, which was 2.9% million).

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Housing Wire

MARCH 10, 2025

The unsold inventory of homes on the market across the country is 28% greater than last year at this time. Withdrawals keep a lid on inventory growth. That suggests a shadow inventory of homes that want to be sold but the market isnt there for it. Are there any signs of sales growing for 2025? Something to watch.

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Housing Wire

MARCH 3, 2025

Its quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. But we didnt really see any change in the buyer demand metrics until rates got closer to 6%. Lets look at this weeks data, starting with the active inventory of homes for sale right now.

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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. Further gains are expected if the economy continues to add jobs, inventory levels grow, and mortgage rates hold steady.”

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Housing Wire

JANUARY 20, 2025

Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Theres signal that the price buyers are paying is declining too. Sales are slow, so inventory of unsold homes is building. Condo inventory is growing faster than single family. Thats up 1.25% from last week.

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Housing Wire

FEBRUARY 3, 2025

Inventory of unsold homes on the market ticked down fractionally this week. Its not uncommon for January to have a little up and down in the inventory numbers. If inventory were jumping each week, that would be notable, but its not. Lets take a look at the data for the final week of January 2025. A shrinking U.S.

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Housing Wire

NOVEMBER 4, 2024

Inventory is past peak for the year, so the momentum looks to keep the trends in a positive direction for now. Inventory drops again There are 736,000 single-family homes unsold on the market in the U.S. The inventory peak came a month earlier than in 2023. Mortgage rates were super high and inventory was building.

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Housing Wire

OCTOBER 28, 2024

We track inventory and home sales very closely, so the biggest surprise this year has been the resiliency of home prices. With just a few local market exceptions, home prices nationally will finish the year up again and will go into 2025 with some upward momentum. Our model had expected inventory to climb just a bit this week.

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Housing Wire

FEBRUARY 26, 2025

Buyers, sellers and practitioners in the housing market pay close attention to the headlines that emerge from various changes in market activity, and sometimes those headlines can lead to fear. But there is also a 28% surge in inventory compared to this time in 2024, though the inventory increases are not evenly distributed nationally.

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Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. In addition to all of these challenges, economic factors outside of housing are making it harder for potential buyers to acquire qualifying mortgage loans. Thats quite the jump in less than a month.

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Housing Wire

FEBRUARY 10, 2025

During the conversation, the group discuss real estate market challenges, the value of being a part of an association, and growth areas for associations in 2025. To kick off the live conversation, Velt asks a question about the current challenges facing the housing market in 2025. This episode has been edited for length and clarity.

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Appraisal Buzz

JANUARY 27, 2025

This suggests that completed foreclosure auctions may also slightly increase in Q1 of 2025, according to new Auction.com data. The final two months of Q4 saw an increase in price demand at auction, which measures the average price buyers are willing to pay as a percentage of the estimated after-repair value of the properties being bought.

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Appraisal Buzz

JANUARY 27, 2025

First, in many markets, there was simply more new home inventory and some buyers who might have wanted to purchase an existing home were instead looking at new construction. Second, home builders were able to offer prospective buyers concessions, including rate buydowns, to entice them to new home communities.

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Appraisal Buzz

JANUARY 2, 2025

Home price appreciation seems to be settling into a more comfortable pace, just as inventory levels pick up going into 2025: welcome news for prospective buyers who continue to face the headwinds of high mortgage rates. Our forecasts suggest that markets in Florida are at most risk of price declines in 2025. last month).

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Housing Wire

FEBRUARY 25, 2025

“It is expected that we will see slower price growth in early 2025 as inventory increases and affordability continues to be a constraint.” “Mortgage rates nearing 7% in January seem to have affected buyers more than sellers,” Zillow senior economist Kara Ng said.

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Appraisal Buzz

JANUARY 30, 2025

The shift in seller activity could mark a turning point in the high mortgage rate-induced standoff between buyers and sellers, saidDanielle Hale, Chief Economist at Realtor.com. By the end of the year, that percentage is predicted to drop to 75%, according to the 2025 Realtor.com Housing Forecast. in the West and 27.2% in the South.

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Housing Wire

MARCH 12, 2025

If trends hold this year, sellers could see an average price increase of $4,800 compared to an average week and $27,000 more than a listing in early 2025. While market conditions were relatively stable in 2024 due to low inventory and buyer hesitation, an uptick in demand could accelerate the pace of home sales this spring.

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Housing Wire

AUGUST 19, 2024

Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at less than 1% rate. There are some signs that inventory growth is slowing with newly lower mortgage rates and the end of the summer. Texas inventory grew by 1.5%

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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. Share of starter-owner occupied units: Starter homes, typically priced at 85% of the median-priced home, are critical for first-time buyers.

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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. It makes working with our team so much better,” he said.

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