Housing Wire

JANUARY 27, 2025

There are already plenty of markets nationwide where the inventory of unsold homes has built up over the past few years and home prices have ticked down. Today, the weekly Altos Research -tracked active market data shows signals for this spring that more markets are softening and fewer are pushing higher. this week is $421,000.

Inventory 393

Inventory Sellers New Listings Contracts 393

Housing Wire

DECEMBER 21, 2024

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Despite this, we had positive data on existing home sales , purchase applications, and our weekly pending contract figures.

Housing Market 504

Housing Market Marketing Inventory New Listings 504

Housing Wire

JANUARY 27, 2025

Home negotiations technology platform Indigo just received a large investment to expand its operations in 2025. “We were drawn to Indigo’s vision that the market is shifting from a search-centric to transaction-centric model. The funding will continue Indigo’s efforts to streamline the negotiations experience.

Real Estate 366

Real Estate Real Estate Agent Agents Brokerage 366

Housing Wire

MARCH 4, 2025

March figures to be a crucial month for gauging consumer interest in the 2025 housing market. The 10-year yield is all over the map this morning, ranging between 4.11% to 4.18% as the stock market sells off more and more money is going into bonds. But mortgage rates have posted an unusually large decline in the past week.

Mortgage 472

Mortgage Contracts Buyers Housing Market 472

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

MARCH 8, 2025

Does this indicate that the housing market is beginning to wake up just in time for spring? In 2025, mortgage rates have ranged between 7.26%-6.64%. Weekly pending sales The latest weekly pending contract data from Altos offers valuable insights into current trends in housing demand.

Mortgage 411

Mortgage Inventory New Listings Housing Market 411

Housing Wire

JANUARY 30, 2025

Compared to a month prior, contract signings fell 5.5% An index reading of 100 is equal to the level of contract signings in 2001. After four straight months of gains in contract signings, one step back is not welcome news, but it is not entirely surprising, Lawrence Yun, NARs chief economist, said in a statement. in the West.

Contracts 424

Contracts Housing Market Buyers Realtors 424

Housing Wire

FEBRUARY 23, 2025

10-year yield and mortgage rates In my 2025 forecast, I anticipate the following ranges: Mortgage rates will be between 5.75% and 7.25% The 10-year yield will fluctuate between 3.80% and 4.70% So far in 2025, we have consistently been near the upper end of the year’s forecast.

Government 451

Government Mortgage Inventory New Listings 451

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 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

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

MARCH 12, 2025

on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 7, 2025. While the average contract interest rate for 30-year fixed-rate mortgages decreased to 6.67%, every other loan type saw rates decrease. for several weeks.

Mortgage 393

Mortgage Contracts Government Housing Market 393

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

Housing Wire

MARCH 3, 2025

Over the last two months with economic uncertainty, the bond market has responded and the yield for the 10-year treasury has declined by 60 basis points from 4.8% Its quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. There are 193,000 on the market.

New Listings 369

New Listings Inventory Contracts Sellers 369

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

FEBRUARY 3, 2025

Inventory of unsold homes on the market ticked down fractionally this week. Lets take a look at the data for the final week of January 2025. We regard this metric, the percentage of homes on the market with price reductions from the original list price, as a leading indicator for future sales prices. About 33.1%

Sellers 400

Sellers Inventory New Listings Contracts 400

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 397

Mortgage Inventory New Listings Contracts 397

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 475

Inventory New Listings Sellers Contracts 475

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 429

Investors Mortgage Property Taxes Inventory 429

Housing Wire

MARCH 10, 2025

The spring housing market is still trying to spring. There are plenty of weak signals in the housing market, of course. There are plenty of weak signals in the housing market, of course. The unsold inventory of homes on the market across the country is 28% greater than last year at this time.

Inventory 374

Inventory New Listings Housing Market Sellers 374

Housing Wire

JANUARY 23, 2025

Believe it or not, good old-fashioned postcards are still one of the most effective real estate marketing strategies. Even though most agents focus their marketing efforts online, people start thinking about finding a real estate agent well before they hit ENTER on their first Google search. Marketing tip Visuals are everything.

Real Estate 305

Real Estate Open Houses Real Estate Agent Design 305

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 393

Inventory New Listings Sellers Contracts 393

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

FEBRUARY 5, 2025

on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Association s (MBA) weekly mortgage applications survey for the week ending January 31, 2025. Mortgage rates moved lower last week, consistent with lower Treasury yields following the FOMC meeting and a volatile week for [the] stock market.

Contracts 342

Contracts Mortgage Government Marketing 342

Housing Wire

FEBRUARY 10, 2025

The share of homes on the market with price reductions ticked up this week, which is unusual this early in the season. Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth.

Sellers 327

Sellers Inventory New Listings Contracts 327

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

FEBRUARY 13, 2025

Homes are lingering on the market: The typical home that sold in January was on the market for 56 days. of homes that went under contract last month. Im seeing a lot more inventory hit the market than I have in past years, but its not nearly enough, said Charles Wheeler, a Redfin Premier Real Estate Agent in San Diego.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

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

FEBRUARY 25, 2025

annually since 2020 , led by markets in Florida, North Carolina, Southern California, and Arizona. Home prices stalled during the second half of the year with markets in the West dropping the fastest. San Francisco , the lowest-performing major market since 2020, saw prices drop by 4.5% Home prices were up 3.9%

Housing Market 360

Housing Market New Listings Inventory Sellers 360

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

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

Appraisal Buzz

JANUARY 30, 2025

This puts the number of new listings at its highest January level since 2021 and indicates that sellers are becoming more interested in the market. By the end of the year, that percentage is predicted to drop to 75%, according to the 2025 Realtor.com Housing Forecast. Active listings +25.3% -25.3% New listings +10.8% -18.0% 4.5% -0.9%

Sellers 332

Sellers Inventory New Listings Contracts 332

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

Appraisal Buzz

FEBRUARY 5, 2025

This article originally appeared in the February 2025 edition of MortgagePoint magazine, online now. The mortgage industry has experienced significant contraction over the past two years, adjusting operations to align with the reduced demand for refinance and purchase financing. by the end of 2025, and 3.1% by the end of 2026.

Marketing 221

Marketing Loan Officers Training Technology 221

Appraisal Buzz

JANUARY 31, 2025

Prospective buyers have been cautious because theyve seen homes sitting on the market and theyve heard interest rates and prices may drop. When the market isnt competitive, some buyers think they should wait for costs to go down, said Jordan Hammond, a Redfin Premier agent in Raleigh, NC. The market had 5.2 The market had 5.2

New Listings 390

New Listings Sellers Buyers Mortgage 390

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