Housing Wire

DECEMBER 16, 2024

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? Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market.

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Appraisal Buzz

NOVEMBER 13, 2024

In 2025, home purchasers and homeowners will design cozy, environmentally friendly, and climate-resilient homes by fusing the newest technology with vintage, rustic beauty. Floral designs, tapestries, antique furniture, and chintz are all expected to make a big comeback in 2025.

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Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. Despite Fed cuts, mortgage rates remain stubborn One of the most glaring contradictions as we head into 2025 is the persistence of high mortgage rates despite efforts by the Federal Reserve to cut interest rates in late 2024. real estate market is marked by contradictions that are leaving many confused.

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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. Last week there were 52,000 new listings for single-family homes unsold. price cut.

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Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. Could we see new inventory from distressed sellers if we see a deep recession?

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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. 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.

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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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Housing Wire

OCTOBER 17, 2024

in 2024 and 2% in 2025. by the end of 2025.” in 2025, slight adjustments to their previous forecasts of 6.1% These are conclusions drawn by economists at Fannie Mae ‘s Economic and Strategic Research (ESR) Group. They’re now projecting gross domestic product (GDP) growth to fall from 3.2% in 2023 to 2.3%

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Sellers Mortgage Buyers Business 511

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 16, 2024

It created a buyer representation certificate for agents. The program really gives agents a level of comfort and confidence in their value proposition when they are working with a buyer and trying to get a buyer agency agreement signed, Hanna said. In 2025 and beyond, Hanna said he hopes these innovations lead to more growth.

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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. 26, 2025 and hear Daren Blomquist in person.

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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.

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Housing Wire

DECEMBER 30, 2024

More inventory should be a sign of the market’s return to normalcy, according to Mohtashami, as the market enters 2025 with 27% more inventory compared to early 2024. Some agents attribute stale inventory growth to unreasonable prices that repel would-be buyers from pursuing certain listings.

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Inventory Sellers Housing Market Contracts 488

Housing Wire

NOVEMBER 20, 2024

Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. Not only is this method popular, but it’s also well-regarded; 76% of sellers who worked with an agent felt their services were worth the cost.

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Real Estate Agent Real Estate Agents Sellers 476

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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Housing Wire

DECEMBER 11, 2024

In 2025, effective websites leverage beautiful imagery, videography, graphics, copywriting, captivating typography and user experience design (UX) to educate buyers and sellers and sell you as a hyper-local market expert and trusted advisor. This is crucial for driving seller leads.

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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. Thats a lot more would-be home sellers when the time comes.

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Housing Wire

JANUARY 6, 2025

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 total number of unsold homes on the market to start 2025 is just 18% fewer than at the start of 2018, seven years ago. million in 2025. Thats only 2.3%

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Inventory New Listings Contracts Sellers 448

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

Appraisal Buzz

JANUARY 8, 2025

According to new Zillow research, Buffalo, New York, is projected to be the hottest major housing market in 2025. What should be the most competitive markets for buyers this year share two characteristics: relative affordability and a dearth of available homes. But both buyers and sellers should expect unpredictable mortgage rates.

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Buyers Sellers Home Value Construction 370

Housing Wire

DECEMBER 11, 2024

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. Luxury buyers who were already homeowners also saw a rise in home equity. The number of homes sold at $1 million or higher rose by 5.2%

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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. Lets look at the Altos Research data for this week, the middle of January 2025. There were 2% fewer sellers now than the same week a year ago but 3.6%

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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. Stay tuned.

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New Listings Inventory Sellers Contracts 397

Housing Wire

OCTOBER 1, 2024

While it’s unclear exactly how home buyers and sellers are reacting to the situation, a startup tech company called Rayse is “pushing back on the settlement” with a new communication platform that allows prospective buyers to track what their agents are doing in real time.

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Appraisal Buzz

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, said First American Deputy Chief Economist Odeta Kushi. Buyers are no longer waiting for or expecting mortgage rates to fall substantially.

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Housing Wire

NOVEMBER 21, 2024

Morris: We’ve been on this mission with NAR, of course, to deliver Accredited Buyer’s Representative (ABR) courses. We’re trying to say that buyers and sellers, in my opinion, are willing to pay you. To close the conversation, Morris recommends certifications for buyer and seller agents to pursue.

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Real Estate Real Estate Agent Sellers Design 369

Housing Wire

JULY 23, 2024

trillion in origination volume in 2025, up from a projected $1.70 The survey of 1,180 real estate agents across six Mid-Atlantic states and the District of Columbia found that 14% of sellers in June saw a contract fall through due to a buyer’s inability to secure financing, which was up from 11% in May. in 2024 and to 6.4%

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Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

JANUARY 4, 2025

For some time now, its been showing positive growth versus both 2022 and 2023 data, and, in the first few days of 2025, versus 2024 data as well. We are near the top of the 10-year yield and mortgage rates forecast for 2025. We have a slight single-digit increase in demand year over year. Still, I was happy to see growth.

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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. higher as buyers responded to slightly improved affordability in the new construction segment as well.

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Contracts Buyers Inventory Mortgage 418

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%. has been a difficult market for would-be home buyers. Buyers should still expect to encounter a competitive market in the year ahead.

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Inventory Realtors Buyers Contracts 396

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

Housing Wire

JUNE 13, 2024

For 2025, projections went from 3.9% “Mortgage rate trends aren’t likely to bust the mortgage rate inventory lock-in effect until at least the end of the year, and possibly well into 2025, as the Fed holds fast on fighting inflation,” Realtor.com senior economist Ralph McLaughlin said in a statement. in March to 4.1%

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Inventory Mortgage Sellers Housing Market 468

Housing Wire

NOVEMBER 4, 2024

When you include the 9,400 immediate sales, the total is 13% more sellers than a year ago. Last year at this time, the market was in deep retrenchment — both buyers and sellers were walking away. We’ll see if this trend continues, because consistently more sellers would signal a transition to new market dynamics.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

SEPTEMBER 5, 2024

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 First-time buyers with smaller budgets, in particular, are likely to have more choices.

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Inventory Buyers Sellers Mortgage 468

Housing Wire

MARCH 21, 2024

These resources are what agents need to serve buyers and sellers well, and let those buyers and sellers keep more of their hard-earned dollars. Redfin says it is contemplating the offering for all agents in 2025.

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Agents Marketing Brokerage Real Estate 448

Housing Wire

JANUARY 16, 2025

Accurate, market-centric valuations are key to a healthy mortgage market , so it will be interesting to see how well appraised values align with market-driven sales prices throughout 2025 as the housing market continues to find its new normal. According to the most recent data from the S&P CoreLogic Case-Shiller Home Price Index, U.S.

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Appraisal Valuation Home Value Housing Market 370