Appraisal Buzz

JANUARY 15, 2025

Americans are asked in thestudy if they intend to relocate in 2025, where they would like to relocate, and why. The American Dream vs. reality: While more than one-third of respondents wish to move in 2025, less than 10% actually will. Up to 35% of the 1,250 poll participants said they were planned to migrate in 2025.

Realtors 370

Realtors Finance Buyers Appraisal 370

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 364

Law Agents Buyers Realty 364

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. 26, 2025 and hear Daren Blomquist in person.

Housing Market 370

Housing Market Retail Marketing Sellers 370

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. And this focus just happened to coincide with everything going on at the National Association of Realtors and the lawsuits. We are really trying to enhance the experience of our partners.

Real Estate 367

Real Estate Brokerage Agents Business 367

Appraisal Buzz

DECEMBER 19, 2024

The National Association of Realtors reports that existing-home sales increased in November. 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%. Three major U.S. from October to 4.15

Inventory 396

Inventory Realtors Buyers Contracts 396

Housing Wire

JANUARY 14, 2025

Professionals in the industry, which are generally small businesses structured in the form of an LLC, deliver quality homes to end-buyers at competitive prices or rents, with their profit derived from the value added by repositioning or improving the home prior to sale or lease.

Marketing 397

Marketing Renovations Investors Transportation 397

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 284

Inventory Construction Housing Market Mortgage 284

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). According to an NAR outlook, home sales are projected to rise significantly in 2024 and 2025 as the housing market steadily returns to normal. increase between 2024 and 2025 to a pace of 5.35 in 2025 to reach $405,200.

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

NOVEMBER 20, 2024

The Clever survey comes out as agents and brokerages adjust to seismic changes in real estate, namely the National Association of Realtors (NAR) commission lawsuit and related business practice changes , as well as several down years for existing home sales. million members in 2025, at 8% smaller decline than many had expected.

Real Estate Agent 476

Real Estate Agent Real Estate Agents Sellers 476

Housing Wire

OCTOBER 1, 2024

The role and value of real estate agents has come under scrutiny since the National Association of Realtors (NAR) settled a bevy of antitrust lawsuits related to offers of agent compensation on Realtor-owned multiple listing services (MLSs). But Rayse claims that buyer agents spend roughly 87 hours on a single transaction.

Agents 448

Agents Real Estate Agent Real Estate Brokerage 448

Housing Wire

AUGUST 15, 2024

On Thursday, Umansky and Haber announced that the trade group is rolling out its membership plan for 2024 and 2025. During this building phase, we also began ramping up our advocacy efforts, starting with the successful push for changes at the VA to help protect our veteran home buyers. “We million at the end of May.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Realtors 468

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

Housing Wire

NOVEMBER 12, 2024

As 2025 approaches, state-funded down payment assistance (DPA) programs are helping veterans , service members and surviving spouses achieve their dreams of homeownership. Rob Chrane, founder and CEO of Down Payment Resource, said that veterans and their families should be more aware of DPA options heading into 2025.

Design 397

Design Realtors Finance Mortgage 397

Appraisal Buzz

JUNE 27, 2024

decline in pending home sales, according to the National Association of REALTORS. A continued dearth of inventory, high home prices and stable mortgage interest rates have kept would-be home buyers at bay this spring.” million in 2025. million in 2025. May saw a 2.1% Per the report, every U.S. million in 2023 to 4.26

Contracts 418

Contracts Inventory Buyers Mortgage 418

Appraisal Buzz

OCTOBER 30, 2024

The National Association of REALTORS (NAR) reports that pending home sales increased in September. 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. September saw a 7.4%

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

JUNE 27, 2024

After rising in March , pending home sales continued to slide in May, with the Pending Home Sales Index (PHSI) posting its second consecutive month of declines to reach a record low, according to data released Thursday by the National Association of Realtors (NAR). The PHSI fell 2.1% from April to a reading of 70.8 on a yearly basis.

Inventory 501

Inventory Contracts Realtors Buyers 501

Housing Wire

DECEMBER 23, 2024

In 2025, however, the real estate franchisor is looking to welcome in and foster the next generation of top agents. Ensuring that the education offerings that we have, have proven results with them is a focus for us in 2025.

Agents 397

Agents Tools Technology Brokerage 397

Appraisal Buzz

DECEMBER 30, 2024

A new report from the National Association of Realtors (NAR) has found that pending home sales gained 2.2% Buyers are no longer waiting for or expecting mortgage rates to fall substantially. Furthermore, buyers are in a better position to negotiate as the market shifts away from a sellers market. in November. from November 2023.

Contracts 435

Contracts Inventory Buyers Sellers 435

Housing Wire

JULY 31, 2024

The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) following a string of lawsuits related to buyer commission rules. “It 17 saying anything around this,” Reffkin said.

Agents 448

Agents Brokerage New Listings Buyers 448

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 21, 2024

Held live from the National Association of Realtors ‘ (NAR) NXT Conference in Boston, the conversation covers broker leadership tips, the value of designations and certifications, and educational resources for real estate agents. We’re trying to say that buyers and sellers, in my opinion, are willing to pay you.

Real Estate 369

Real Estate Real Estate Agent Sellers Design 369

Housing Wire

SEPTEMBER 5, 2024

This dovetails with recent pending sales data from the National Association of Realtors. The widely anticipated Fed rate cut has already ushered in lower mortgage rates, but it seems that some buyers and sellers are waiting for additional declines,“ Realtor.com chief economist Danielle Hale said in a statement. “As

Inventory 468

Inventory Buyers Sellers Mortgage 468

Housing Wire

NOVEMBER 26, 2024

The National Association of Realtors (NAR) and the real estate industry at large have something to be thankful for this Thanksgiving. The DOJ believes the buyer broker agreements have the potential to “limit how brokers compete for clients.” “It Judge Stephen Bough of the U.S. These parties will pay an additional sum of about $30.6

Brokerage 397

Brokerage Realtors Buyers Real Estate 397

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.

Legal 395

Legal Agents Real Estate Brokerage 395

Housing Wire

OCTOBER 2, 2024

Top Agent Network (TAN) is not backing down in its antitrust lawsuit against the National Association of Realtors (NAR). NAR is the only defendant in the newest version after the plaintiff filed a voluntary dismissal of the San Francisco Association of Realtors , which was originally named as one of the defendants.

Agents 434

Agents Realtors Sellers Brokerage 434

Housing Wire

DECEMBER 3, 2020

The passage of Proposition 19 in California — which will generate wildfire relief funds while providing tax breaks for senior citizens — was a victory for the California Association of Realtors , which lobbied for its passage and put real dollars behind the effort. But CAR, which supported the measure with $35.7

Property Taxes 432

Property Taxes Realtors Law Inventory 432

Housing Wire

NOVEMBER 27, 2024

The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% 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

Housing Wire

SEPTEMBER 24, 2024

Buyers] have been the ones to benefit from just the steadiness and lack of volatility.” The anticipation of lower mortgage rates has frozen many buyers who think they can get a better deal if they wait a few months, not to mention sellers who are loath to give up mortgages in the 3% range. I know that some of the U.S.

Housing Market 459

Housing Market Marketing Property Taxes Inventory 459

Housing Wire

SEPTEMBER 21, 2023

Until interest rates come down, affordability challenges will continue to put first-time buyers on the sidelines, housing industry observers said. In an elevated rate environment, the lack of inventory continues to be the biggest challenge for many potential buyers, the Mortgage Bankers Association said. in 2024 and 5.1%

Real Estate 448

Real Estate Mortgage Buyers Inventory 448

Housing Wire

MAY 8, 2024

First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said. Reffkin’s confidence came from what he called “five facts.” million to 5.6 million homes in 2026,” Reffkin said.

Agents 468

Agents Real Estate Brokerage Clients 468

Appraisal Buzz

SEPTEMBER 19, 2024

While supply has inched up in some parts of the country, August experienced a decline in existing-home sales, according to the National Association of REALTORS (NAR). Although home buyers had more for-sale homes to choose from and increased buying power from easing mortgage rates, it seems that many are waiting for additional improvements.

Inventory 418

Inventory Buyers Home Improvement Mortgage 418

Housing Wire

MARCH 8, 2024

million and that funds will be only distributed to “qualifying settlement class members who submit an approved claim form,” which much be submitted by May 9, 2025. It is further exasperating the negative stereotype some people have of Realtors. But overall, not much communication from Realtor groups. she asked. “It

Agents 459

Agents Legal Realtors Clients 459

Inman

DECEMBER 24, 2024

The new year will bring appeals, buyer commission cases, fights over current National Association of Realtor policies and possible Department of Justice intervention, experts told Inman.

Real Estate 174

Real Estate Realtors Buyers Brokerage 174

Housing Wire

JANUARY 14, 2025

. “I have direct oversight for the direct-to-consumer sales operation [and will be] making sure that we’re well positioned for 2025 to deliver value for both our retail loan officers that are serving Realtors and buyers primarily out in the field, as well as our direct-to-consumer loan officers,” he said.

Loan Officers 370

Loan Officers Technology Real Estate Real Estate Agent 370

Appraisal Buzz

NOVEMBER 27, 2024

District Court for the Western District of Missouri has granted final approval of the National Association of Realtors (NAR) proposed settlement agreement to resolve class action claims related to broker commissions. NAR membership dues for 2025 will remain unchanged from 2024.

Realtors 243

Realtors Brokerage Real Estate Real Estate Agent 243

Housing Wire

NOVEMBER 1, 2023

While the industry has yet to find out what Judge Stephen Bough’s injunction will say and the three defendants, the National Association of Realtors , Keller Williams and HomeServices of America , have vowed to appeal the decision, Barton believes his firm will thrive regardless the outcome.

Real Estate 482

Real Estate Advertising Agents Realtors 482

Housing Wire

OCTOBER 30, 2024

By growing our listing inventory, we believe more and more buyers will search Compass.com and use Compass agents, as it will be known that Compass has more inventory than any other website or brokerage,” Reffkin said. According to Reffkin, CCP “infringes” on a seller’s choice of how they want to market their home. “We

Real Estate 345

Real Estate Inventory Brokerage Agents 345