Housing Wire

JANUARY 13, 2025

This is the trend that will be the theme for 2025. Unlike a lot of forecasters in the mortgage world, a few months ago our projection included the notion that with strong jobs data and some inflation fears, the bond market could indeed push mortgage rates over 7%. There are now 24% more homes on the market than a year ago.

Sellers 418

Sellers Inventory New Listings Contracts 418

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

Housing Wire

DECEMBER 30, 2024

Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be. Rising supply is one of the housing market highlights of 2024, according to HousingWire Lead Analyst Logan Mohtashami , who said that housing inventory is approaching levels seen in 2019 before the COVID-19 pandemic.

Inventory 488

Inventory Sellers Housing Market Contracts 488

Housing Wire

JANUARY 6, 2025

Inventory fell There are 635,000 single-family homes unsold on the market now. fewer homes on the market that a week ago. Thats not true now, so we should expect inventory to begin building for the year in February 2025. There are 27% more homes on the market now than a year ago. million in 2025.

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. “Job increase between 2024 and 2025 to a pace of 5.35

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

DECEMBER 30, 2024

NAR’s Pending Homes Sales Index (PHSI) report is a forward-looking source that predicts home sales based on contract signings. “We find the strongest supply surges in Southern and Western markets, but more muted improvements in the Northeast and Midwest,” Kushi added. million in 2025. month over month and 6.9%

Inventory 435

Inventory Buyers Housing Market Mortgage 435

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 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

JANUARY 4, 2025

Our weekly pending contract data has shown year-over-year growth for some time now, even with elevated mortgage rates. Weekly pending sales The latest weekly pending contract data from Altos Research offers critical insights into real-time trends in housing demand. Has the spring home-buying season already begun?

New Listings 508

New Listings Inventory Contracts Mortgage 508

Housing Wire

JANUARY 20, 2025

New contracts for home purchases are coming in very low this month. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Some markets are much slower than others.

Mortgage 396

Mortgage Inventory New Listings Contracts 396

Housing Wire

DECEMBER 13, 2024

Given the Department of Justice s ongoing legal battle with the National Association of Realtors (NAR), Sue Yannaccone the president and CEO of Anywhere Brands and Anywhere Advisors knows that the legal landscape for real estate in 2025 will continue to be a challenge. Across the real estate industry, growth is a common goal for 2025.

Legal 370

Legal Brokerage Real Estate Agents 370

Appraisal Buzz

DECEMBER 30, 2024

Year-over-year, contract signings increased in all four U.S. NARs Pending Home Sales Index (PHSI)a forward-looking indicator of home sales based on contract signingsadvanced 2.2% A PHSI reading of 100 is equal to the level of contract activity in 2001. regions, with the West leading the pack. in November. from November 2023.

Contracts 435

Contracts Inventory Buyers Sellers 435

Housing Wire

NOVEMBER 21, 2024

Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. 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. However, that didn’t happen.

Mortgage 492

Mortgage Housing Market Inventory Contracts 492

Housing Wire

SEPTEMBER 18, 2024

In contract, single-family housing starts were up 15.8% Despite the mixed results, some economists are optimistic about the future of the new construction market. 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. monthly and 6.2%

Marketing 488

Marketing Construction Development Housing Market 488

Housing Wire

NOVEMBER 25, 2024

Inventory is moving down There are now 719,000 single-family homes unsold on the market around the U.S. There are just over 27% more homes unsold on the market than last year. The 2025 lines will trend higher, even closer to the old normal levels. We’ve been averaging 56,000 new contracts each week for single-family homes.

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. The market is at an interesting point with rising inventory and lower demand,” said Lawrence Yun, NAR Chief Economist.

Contracts 418

Contracts Inventory Buyers Mortgage 418

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

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%. The main constraints in the housing market have been inventory and affordability, Sturtevant said. Sales increased 6.1% Home sales rose 6.1%

Inventory 396

Inventory Realtors Buyers Contracts 396

Housing Wire

OCTOBER 28, 2024

All the dominant trends in the housing market this year seem like they would indicate home prices declining. 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. They’re already in contract, so they don’t add to the active inventory.

Inventory 476

Inventory New Listings Sellers Contracts 476

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. The Fed met last week and we escaped dramatic changes in the markets. There are now 513,000 single family homes unsold on the market. Now it’s on the rise.

New Listings 511

New Listings Inventory Contracts Sellers 511

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. There were a record number of apartments delivered in many markets last year, but builders appear to be pulling back to avoid a glut of supply. Housing completions also grew by 15.5%

Mortgage 511

Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. An index score above 50 indicates market expansion, while a score below 50 indicates contraction. ”

Investors 434

Investors Mortgage Property Taxes Inventory 434

Housing Wire

JANUARY 15, 2025

10, 2025, is a stark difference from last week’s applications , which reflected a seasonal lull following Christmas. While the market composite index increased over 33% on a seasonally adjusted basis, the index increased 52% on an unadjusted basis during the same time period. This week’s reading, for the week ending Jan.

Mortgage 370

Mortgage Contracts Marketing 370

Housing Wire

DECEMBER 6, 2023

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. Analysts see mortgage companies issuing debt as a sign that market conditions may improve in 2024. The offer is subject to market conditions and other factors. times, lower than its target of 3.5 In total, $1.8

Contracts 435

Contracts Investing Investors Mortgage 435

Housing Wire

JANUARY 14, 2025

He was a bartender who started his real estate career in a market that was brand new to him. He was locked into a one-year contract, but the minute it ended, he began his search for a new coach. Of course, not every niche will work in every market or for every agent. Want more creative marketing and follow-up ideas?

Real Estate 370

Real Estate Open Houses Agents Real Estate Agent 370

Housing Wire

NOVEMBER 4, 2024

The hardest position to take in analyzing the housing market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising strength. This week, we count 14% more homes in the contract pending stage now than a year ago. The market is different now.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. The froth is out of the market.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

DECEMBER 30, 2024

Conversely, when mortgage rates rose just a month later , refi activity contracted. Many forecasts call for mortgage rates to decline in 2025 even as market headwinds going into the year appear to be fierce. This group could be incentivized to take out a new loan if rates fall again by a full percentage point or more.

Mortgage 397

Mortgage Contracts Business Marketing 397

Housing Wire

MAY 15, 2024

Its plan takes aim at liquidity, budget authority, pay scales and other potential flexibilities to more closely align with the value it brings to the government and the broader mortgage market. This undermines Ginnie Mae’s ability to run a market-driven program.”

Modernization 457

Modernization Government Contracts Insurance 457

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

DECEMBER 7, 2024

We also see growth in our pending contract data compared to 2022 and 2023. Let’s get into the holiday spirit with this week’s Housing Market Tracker data! Weekly pending sales The weekly pending contract data from Altos Research offers an insightful look into real-time housing demand. Weekly inventory change (Nov.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Housing Wire

DECEMBER 11, 2024

This could represent a glimmer of hope for mortgage lenders heading into 2025. In addition to lower rates, purchase activity continues to be supported by sustained housing demand and inventory that continues to grow gradually in many markets,” Kan added. The MBA adjusted last week’s data for the Thanksgiving holiday.

Mortgage 397

Mortgage Contracts Government Inventory 397

Appraisal Buzz

JANUARY 17, 2025

After inching downward at the beginning of the month, mortgage rates reversed course halfway through December and have been rising sincein part because the Federal Reserve projected fewer 2025 interest-rate cuts than anticipated. of homes that went under contract that month. a year earlier. Thats up from 43 days a year earlier.

Contracts 397

Contracts New Listings Real Estate Agent Mortgage 397

Housing Wire

JULY 30, 2024

The transaction will bring $356 billion in mortgage servicing rights, advances and subservicing contracts, along with 1.3 ” Mortgage lenders and servicers have been active in the debt market of late. Under stress, loanDepot concluded its plan to extend $500 million senior notes due in the fourth quarter of 2025.

Investors 482

Investors Contracts Mortgage Marketing 482

Housing Wire

DECEMBER 5, 2024

Its the perfect inspiration for agents looking to level-up their branding and marketing. A post shared by Tatiana Londono (@tatlondono) Actionable Insights Share motivational content to inspire your audience and build your reputation as a mentor Be bold and authentic in your messaging to stand out in a crowded market 8.

Real Estate 397

Real Estate Agents Real Estate Agent Luxury Properties 397

Housing Wire

SEPTEMBER 3, 2024

Both of those states ticked up this week with more unsold homes on the market than a week prior. real estate market as we roll into September 2024. real estate market as we roll into September 2024. Inventory lower than last week There are 704,000 single-family homes unsold on the market across the country now.

Inventory 458

Inventory New Listings Contracts Buyers 458

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. At the time, I observed that even if mortgage rates stayed flat, the momentum seemed to be in the cards for broad, slow growth in the market. New listings Last week, 59,000 new single-family listings came to market. The takeaway?

Inventory 468

Inventory New Listings Sellers Contracts 468