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. Frankly, it feels like the housing market is contracting a bit now in November.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. real estate market is marked by contradictions that are leaving many confused. It’s a complex landscape where the tension between renting and owning is more pronounced than ever, and regional differences in housing demand highlight the uneven nature of the market.

Real Estate 493

Real Estate Marketing Insurance Property Taxes 493

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. The after-repair value is the estimated full market value of a property in fully repaired condition.

Housing Market 366

Housing Market Retail Marketing Sellers 366

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. The key takeaway?

Mortgage 370

Mortgage Sellers Real Estate Buyers 370

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.

Buyers 493

Buyers Marketing Mortgage Real Estate Agent 493

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. The 2025 Red Paper from The Agency shows the luxury market making a sharp diversion from the broader existing home sales market, which could clock in near a historic low at fewer than 4 million sales.

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. HW: What housing trends do you think will continue in 2025 and why? Home building is expected to increase in 2025.

Real Estate 230

Real Estate Housing Market Marketing Realtors 230

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.

Finance 435

Finance Home Value Mortgage Government 435

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. NAR expects the Midwest revival to continue in 2025, as Indianapolis and Grand Rapids, Michigan, are among 10 metro areas listed.

Housing Market 230

Housing Market Marketing Inventory Realtors 230

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

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

Housing Wire

DECEMBER 9, 2024

Although eXp Realty s tagline may be the most agent-centric brokerage on the planet, CEO Leo Pareja said the company will strive to keep the best interests of the consumer at the center of its decisions in 2025. He then tried to figure out how to create an agreement that a buyer would feel comfortable signing.

Law 355

Law Agents Buyers Realty 355

Appraisal Buzz

OCTOBER 17, 2024

Growth in 2024 and 2025 is now anticipated to be 2.0% Bond market estimates for rate cuts have moved closer to the dot plot from the Federal Reserve’s most recent Summary of Economic Projections, as a result of data revisions and recent job data. by the end of 2025. growth in 2025. in 2025 (up from 3.0%).

Mortgage 397

Mortgage Marketing Buyers Appraisal 397

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. “Our scalable tech platform is what empowers us to navigate dynamic markets with agility.

Mortgage 370

Mortgage Clients Inventory Business 370

Housing Wire

DECEMBER 4, 2024

The Federal Housing Administration (FHA) announced last week that the Home Equity Conversion Mortgage ( HECM ) limit for 2025 will be $1,209,750. Peter Sciandra, executive vice president of reverse lending and secondary marketing at Fairway Independent Mortgage Corp., Others are taking a more nuanced approach to the increase.

Mortgage 397

Mortgage Lending Retail Finance 397

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. Simultaneously, home sellers reduced the number of newly listed properties on the market, with a -0.9% decrease from the previous year. “In overall to $429,990.

Sellers 397

Sellers Housing Market Buyers Marketing 397

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

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. All areas offer a favorable financing environmenteither with lower proportions of locked-in homeowners or lower mortgage rates.

Inventory 243

Inventory Bracketing Buyers Housing Market 243

Housing Wire

DECEMBER 16, 2024

The company has been in business since 1957 as we always say, we are a multigenerational company and that is not just a marketing phrase, Hanna said. It created a buyer representation certificate for agents. In 2025 and beyond, Hanna said he hopes these innovations lead to more growth.

Real Estate 252

Real Estate Brokerage Agents Buyers 252

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. According to Matic research, one reason for these market disruptions may be the very high number of catastrophic events in 2023—28 U.S.

Insurance 370

Insurance Buyers Marketing Business 370

Appraisal Buzz

JUNE 12, 2024

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. In May, new property listings exceeded sales, allowing buyer competition and price rise to slow—and more price relief is expected. That has cooled competition for houses. year-over-year in April to 3.9%

Sellers 397

Sellers Buyers New Listings Home Value 397

Housing Wire

OCTOBER 7, 2024

Photo courtesy of Willie & Kim Photography) Mortgage industry leaders expect more mergers and acquisitions (M&A) in 2025, fueled by declining interest rates and renewed market confidence after two years of what they describe as “modest activity.” Rates are starting to go down.

Mortgage 416

Mortgage Sellers Technology Valuation 416

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. The inventory picture There are now 539,000 single-family homes on the market unsold, which is up 3.2% Yes, demand will slow if unemployment climbs, but it’s probably 2025 before we see the bulk of that.

Sellers 482

Sellers Marketing Inventory Contracts 482

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.; These are markets that are primed and ready for growth in the year ahead, the firm says.

Housing Market 195

Housing Market Marketing Buyers Design 195

Housing Wire

NOVEMBER 25, 2024

In this HousingWire executive conversation, Chris Kennedy , Director of Sales and Business Development at RiskSpan , explores the key recapture strategies that lenders can follow to maximize profit in the 2025 real estate market. In 2025, we could see a huge booming refinance market.

Tools 369

Tools Real Estate Investors Mortgage 369

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. In 2025, economists predict that the average mortgage rate will continue to be higher than 6%.

Inventory 240

Inventory Construction Housing Market Mortgage 240

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.” I haven’t seen a shift [to a buyer’s market]. Most of the suburbs have been really hot.

Housing Market 459

Housing Market Marketing Property Taxes Inventory 459

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

Agents 448

Agents Marketing Brokerage Real Estate 448

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.

Marketing 370

Marketing Realtors Housing Market Lending 370

Appraisal Buzz

SEPTEMBER 11, 2024

Much of this sluggishness can be attributed to high mortgage interest rates that are continuing to challenge the housing market. As buyers remain cautious, sales remain low. However, the highly anticipated rate cuts from the Federal Reserve this fall may help improve consumer purchase sentiment for the housing market.

Marketing 445

Marketing Housing Market Buyers Mortgage 445

Housing Wire

OCTOBER 17, 2024

in 2024 and 2% in 2025. ” Following data revisions and recent employment data, bond market expectations for rate cuts have moved into closer alignment with the dot plot from the Federal Reserve ’s latest Summary of Economic Projections. . by the end of 2025.” by the end of 2025.” in 2023 to 2.3%

Sellers 511

Sellers Mortgage Buyers Business 511

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.

Housing Market 397

Housing Market Marketing Inventory New Listings 397

Housing Wire

JUNE 18, 2024

In January 2020, market consensus also indicated a healthy economy with concerns that the consumer was poised for weakness. Lesson 3: Systems that power servicers must be flexible and operate in real-time to keep up with dynamic markets and regulations. This should help affordability for buyers without hurting owners.

Mortgage 446

Mortgage Technology Investors Modernization 446

Appraisal Buzz

SEPTEMBER 5, 2024

Many prospective buyers started questioning the American dream of homeownership as inflation brought mortgage rates to a cyclical peak of 8% in October 2023, but now rates are down more than 1.5% We’re now getting closer to homebuyers’ comfort zone of low-6%, high-5% rates, and September’s anticipated Fed cuts should help buyer sentiment.

Buyers 370

Buyers Insurance Bracketing Mortgage 370

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.

Real Estate Agent 488

Real Estate Agent Agents Real Estate Buyers 488

Appraisal Buzz

DECEMBER 13, 2024

The National Association of Realtors (NAR) has unveiled its 10 Top Housing Hot Spots for 2025, which uses economic, demographic and housing factors to forecast where home sales will be strongest in the coming year. In 2025, the South region leads with four of the 10 housing hot spots, followed by the Midwest with three.

Buyers 195

Buyers Realtors Inventory Finance 195

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 In light of recent market trends, a 150 basis point range in 2025 seems plausible. relative to October 2023.

Mortgage 397

Mortgage Sellers Housing Market Buyers 397