Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. increase between 2024 and 2025 to a pace of 5.35 increase between 2024 and 2025 to a pace of 5.35 in November.

Contracts 482

Contracts Housing Market Construction Inventory 482

Appraisal Buzz

OCTOBER 30, 2024

increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, The amount of contract activity in 2001 is represented by an index of 100. Year-over-year, contract signings grew in the Northeast and West and were unchanged in the Midwest and South. September saw a 7.4%

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

NOVEMBER 25, 2024

When we released the HousingWire 2025 forecast paper earlier this month, we discussed how we assume continued inventory growth in 2025, but at a slower pace of appreciation than we saw this year. The 2025 lines will trend higher, even closer to the old normal levels. million home sales in 2025 up from 4 million in 2024.

New Listings 397

New Listings Inventory Sellers Contracts 397

Appraisal Buzz

JUNE 27, 2024

Indicator of prospective home sales based on contract signings, the Pending Home Sales Index (PHSI) dropped to 70.8 The level of contract activity in 2001 is represented by an index of 100. million in 2025. Per the report, every U.S. region had decreases over the previous year. Pending transactions were down 6.6%

Contracts 418

Contracts Inventory Buyers Mortgage 418

Housing Wire

OCTOBER 21, 2024

GNMA and TCB signed no contract explicitly acknowledging GNMA’s rights in the tails,” the judge wrote, later adding that “a contract providing for the power to extinguish did exist. The contract that satisfies the statute is the Guaranty Agreement between RMF and GNMA.

Contracts 448

Contracts Law Mortgage Legal 448

Housing Wire

MAY 22, 2024

Join us at The Gathering 2025 in Denver, CO, June 8-11. And more importantly, if you haven’t moved on or committed to contracts that are too rooted in the past, chances are your P&L statement isn’t looking so great. Go here to lock in special pricing with your registration. Nobody’s talking about that anymore.

Contracts 447

Contracts Technology Mortgage 447

Housing Wire

NOVEMBER 21, 2024

We can track demand faster with our weekly pending contract prints, so it shouldn’t have been a surprise that we had some growth in today’s report. This is something to think about for 2025. Home prices firming up with higher inventory and mortgage rates just getting toward 6% is a lesson learned in 2024 for 2025.

Mortgage 492

Mortgage Housing Market Inventory Contracts 492

Housing Wire

DECEMBER 11, 2024

This could represent a glimmer of hope for mortgage lenders heading into 2025. MBA’s report also examined the average contract interest rates for several loan types. The Federal Housing Finance Agency (FHFA) recently announced plans to raise 2025 conforming loan limits to $806,500 for one-unit properties 5.2%

Mortgage 390

Mortgage Contracts Government Inventory 390

Housing Wire

JUNE 27, 2024

An index of 100 is equal to the level of contract activity in 2001. Pending sales are a forward-looking indicator of home sales based on contract signings, so two consecutive months of declining pending home sales suggest a negative outlook for sales activity,” Odeta Kushi , First American’ s deputy chief economist, said in a statement.

Inventory 501

Inventory Contracts Realtors Buyers 501

Housing Wire

DECEMBER 19, 2023

Yes, demand will slow if unemployment climbs, but it’s probably 2025 before we see the bulk of that. Contracts growing We continue to see the new contracts grow each week: There were 7.7% more new contracts started this week than the same week a year ago.

Sellers 482

Sellers Marketing Inventory Contracts 482

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%

Mortgage 511

Mortgage Real Estate Agent Finance Buyers 511

Appraisal Buzz

DECEMBER 19, 2024

But this year, buyers jumped on mortgage rates that dipped in early October, bringing more contracts which closed in November.Assuming December sales are generally good, 2024 U.S. Homes with November closings generally went under contract in September and October, when shoppers benefited from an uptick in newly-listed for-sale homes.

Inventory 312

Inventory Realtors Buyers Contracts 312

Housing Wire

FEBRUARY 23, 2024

Alleged promises by Ginnie Mae That contention, however, does “nothing to undermine TCB’s claim that Ginnie Mae lacked statutory authority to extinguish TCB’s interest in its collateral, which was not only separate from the servicing rights but also subject to no contract between TCB and Ginnie Mae,” the filing reads.

Government 444

Government Contracts Finance Lending 444

Housing Wire

NOVEMBER 22, 2024

An index score above 50 indicates market expansion, while a score below 50 indicates contraction. Despite the lower sentiment score in Q3 2024, 40% of flippers are optimistic about sales and market growth going in 2025. The index score declined from 63 in the second quarter to 62 in the third quarter. ”

Investors 433

Investors Mortgage Property Taxes Inventory 433

Housing Wire

DECEMBER 6, 2023

Proceeds from the offering will be used to repay a portion of the Company’s secured term notes due 2025 and for other general corporate purposes,” Pennymac said in an 8-K filing with the Securities and Exchange Commission (SEC). million to Black Knight in damages related to a breach of contract claim. In total, $1.8

Contracts 435

Contracts Investing Investors Mortgage 435

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. More sellers and greater inventory is a trend for 2025.

Housing Market 397

Housing Market Marketing Inventory New Listings 397

Housing Wire

NOVEMBER 23, 2024

Weekly pending sales The Altos Research weekly pending contract data provides insights into real-time demand. Even today, the pending contract data remains resilient despite higher home prices and mortgage rates than last year. Last week saw 2% week-to-week growth but was down 1% year over year.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Housing Wire

NOVEMBER 27, 2024

The MBA reported that the average contract interest rate for 30-year fixed-rate loans with conforming balances ($766,550 or less) dropped by 4 bps during the week to 6.86%. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.86 of applications.

Mortgage 370

Mortgage Contracts Government Inventory 370

Housing Wire

NOVEMBER 16, 2023

The parties announced on Thursday that Change will remain a certified CDFI until the lender’s next application related to the fiscal year 2025 is determined.

Lending 447

Lending Finance Contracts Development 447

Housing Wire

DECEMBER 7, 2024

We also see growth in our pending contract data compared to 2022 and 2023. Weekly pending sales The weekly pending contract data from Altos Research offers an insightful look into real-time housing demand. Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Housing Wire

JULY 30, 2024

The transaction will bring $356 billion in mortgage servicing rights, advances and subservicing contracts, along with 1.3 Under stress, loanDepot concluded its plan to extend $500 million senior notes due in the fourth quarter of 2025. Drawdowns of existing MSR lines and available cash will be used to fund the $1.4

Investors 482

Investors Contracts Mortgage Marketing 482

Housing Wire

MAY 15, 2024

While Ginnie Mae did get a higher appropriation from Congress in the most recent legislation governing its budget authority, CHLA said that increasing the budget from $54 million to $67 million for fiscal year 2025 would help meet four key objectives.

Modernization 455

Modernization Government Contracts Insurance 455

Housing Wire

SEPTEMBER 11, 2024

31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. “They can get their vendors on record — there’s contracts here. ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. ” he said.

Mortgage 459

Mortgage Modernization Technology Development 459

Housing Wire

DECEMBER 4, 2024

The MBA reported that the average contract interest rate for 30-year fixed-rate loans with conforming balances ($766,550 or less) dropped by 17 bps during the week to 6.69%, the lowest level in more than a month, according to Kan. In 2025, jumbo loans will increase to a minimum size of $806,501 — a 5.2%

Mortgage 397

Mortgage Inventory Government Contracts 397

Housing Wire

MARCH 25, 2024

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. We can measure home sales in real time by tracking all the homes that moved to contract pending status this week. There were another 15,000 condos into contract.

New Listings 511

New Listings Inventory Contracts Sellers 511

Inman

NOVEMBER 19, 2024

Cara Ameer and Nicole Solari share the 25 terms that are crucial for new agents to explain to buyers and sellers without the benefit of crib notes.

Contracts 158

Contracts Agents Sellers Buyers 158

Housing Wire

OCTOBER 28, 2024

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. The median price of the homes that went into contract this week — these are the new purchase offers with contracts pending — is now 6% greater than last year.

Inventory 476

Inventory New Listings Sellers Contracts 476

Housing Wire

NOVEMBER 4, 2024

This week, we count 14% more homes in the contract pending stage now than a year ago. We counted 63,000 new contracts started for single-family homes this week. There are now 354,000 single-family homes in the contract pending stage. Rolling into 2025, we’re currently positioned for weakness to start the year.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

JANUARY 19, 2024

trillion in 2025, up from $1.50 Q4/Q4 contraction of real gross domestic product (GDP). Home prices are now expected to rise 3.2% over the year, compared to 7.1% Origination volume forecast for 2024 Fannie Mae forecasts the total single-family mortgage originations volume to be $1.98 trillion in 2024 and $2.44 trillion in 2023.

Mortgage 541

Mortgage Contracts Construction Government 541

Housing Wire

OCTOBER 1, 2024

But a lot of what comes in isn’t going to be on the contract at closing or going through the disclosures. But Rayse also plans integration for seller agents sometime in 2025. What we want to do is be able to bring to light everything the agents are actually doing.” Research from WAV Group suggests that Rayse has its work cut out.

Agents 448

Agents Real Estate Agent Brokerage Real Estate 448

Housing Wire

DECEMBER 5, 2024

If youre looking to grow your business in 2025, give her a follow. Coffee & Contracts: @coffeecontracts Content style: Creative marketing resources for real estate agents Coffee & Contracts is like discovering a secret weapon for your real estate business. Visit Coffee & Contracts 15.

Real Estate 397

Real Estate Agents Real Estate Agent Luxury Properties 397

Appraisal Buzz

SEPTEMBER 5, 2024

Additionally, contract volume in August 2024 across all price tiers increased compared to August 2023, suggesting a steadier housing market and evidence of demand from potential homebuyers, further demonstrating a seller’s market. elementor – v3.23.0 – 05-08-2024 */.elementor-widget-text-editor.elementor-drop-cap-view-stacked.elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed.elementor-drop-cap{color:#69727d;bord

Construction 459

Construction Inventory Housing Market Contracts 459

Appraiserblogs

SEPTEMBER 19, 2024

This class is required before this new UAD material can be taught to other appraisers, under contract with the GSEs. The post New UAD Overhaul: What Appraisers Can Expect in 2025 & Beyond appeared on Appraisers Blogs. It is not meant to be comprehensive; I may send out other info as.

Appraisal 141

Appraisal Training Contracts Technology 141

Housing Wire

SEPTEMBER 3, 2024

Pending home sales stay the same There were 64,000 new contracts pending this week for single-family homes. The median price of the new contracts pending this week is $387,000. This price of the new contracts is a pretty clear proxy for home sales. That level of sales continues to be just about the same as last year.

Inventory 457

Inventory New Listings Contracts Buyers 457

Housing Wire

NOVEMBER 3, 2023

Change is now in good standing with the CDFI Fund and its next planned certification review is not until 2025, the originator said. “We Change accused Levine of committing fraud and breaching his contract with the firm to advance his scheme to extort Change and its principals for over $10 million.

Lending 435

Lending Finance Legal Contracts 435

Housing Wire

SEPTEMBER 9, 2021

The Pontiac, Michigan-based wholesale lender will instead coordinate appraisals in-house, contracting with appraisers directly, offering appraisers and brokers a way to bypass AMCs altogether, which UWM CEO Mat Ishbia characterizes as “middlemen.”. It currently has about 35% of the wholesale market. “If

Appraisal 476

Appraisal Valuation Appraisal Process Contracts 476

Housing Wire

SEPTEMBER 18, 2024

In contract, single-family housing starts were up 15.8% In August, housing starts rose to a seasonally adjusted annual rate of 1.356 million, up 2.9% month over month and up 3.9% compared to a year ago. The single-family sector was the sole source of thus increase, as multifamily starts were down 6.7% monthly and 6.2% month over month and 5.2%

Marketing 488

Marketing Construction Development Housing Market 488