Housing Wire

JANUARY 13, 2025

That’s 12% more sellers than a year ago. This is the trend that will be the theme for 2025. It seems more sellers are coming out every week and that will keep inventory pushing upward. Those scenarios are possible, and its going to be fascinating to see how the bond markets react to new administration policies.

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Sellers Inventory New Listings Contracts 418

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. The after-repair value is the estimated full market value of a property in fully repaired condition.

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Housing Market Retail Marketing Sellers 370

Appraisal Buzz

SEPTEMBER 5, 2024

The Realtor.com August Housing Trends Report shows that the number of homes actively for sale increased by 35.8% Simultaneously, home sellers reduced the number of newly listed properties on the market, with a -0.9% In April we noted that rising for-sale inventory was likely to lead to more balance between buyers and sellers.

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Sellers Housing Market Buyers Marketing 397

Housing Wire

DECEMBER 11, 2024

The stagnant 2024 housing market is one the real estate industry cant wait to get away from, but not so for the niche luxury market. Elevated mortgage rates have stymied the broader housing market in 2024, but the luxury segment is somewhat insulated from that because wealthy buyers are less likely to need a mortgage.

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Housing Market Marketing Buyers Real Estate 370

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. What will the housing market look like in 2024?

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Sellers Marketing Inventory Contracts 482

Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. real estate market is marked by contradictions that are leaving many confused. Mortgage rates, rental patterns, homeownership dreams, and housing trends across the country are all seemingly colliding in ways that create both opportunities and uncertainties. percent month over month at $886,560.

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Real Estate Marketing Insurance Property Taxes 493

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. After a year filled with rate swings, unpredictable markets and a bit of drama (thank you, inflation), the real estate world is ready for a fresh start. The key takeaway?

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Mortgage Sellers Real Estate Buyers 370

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.

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Housing Market Marketing Inventory New Listings 397

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.

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Inventory Bracketing Buyers Housing Market 370

Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. 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.

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Housing Market Marketing Property Taxes Inventory 459

Housing Wire

JANUARY 7, 2025

housing market. 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 new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S.

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Housing Market Mortgage Marketing Inventory 429

Housing Wire

DECEMBER 30, 2024

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. “I explain to sellers that their house will sit on the market if its not fairly priced.

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Inventory Sellers Housing Market Contracts 488

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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Mortgage Clients Inventory Business 370

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. of outstanding mortgages, around 8.7

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Mortgage Inventory Finance Sellers 488

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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Real Estate Brokerage Agents Business 368

Sacramento Appraisal Blog

JANUARY 14, 2025

It’s great news that 2024 performed better than the 2023 housing market. Seeing more buyers and sellers able to participate is absolutely what we want to see. Let’ get into it. Skim quickly by topic or digest slowly.

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Housing Market Marketing Sellers Appraisal 292

Housing Wire

JANUARY 20, 2025

This housing market is on hold until mortgage rates come down. Some markets are much slower than others. Lets look at the Altos Research data for this week, the middle of January 2025. Inventory is up There are now 632,000 single-family homes unsold on the market around the U.S. When will that be? I have no idea.

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Mortgage Inventory New Listings Contracts 396

Housing Wire

JANUARY 4, 2025

Weekly pending sales The latest weekly pending contract data from Altos Research offers critical insights into real-time trends in housing demand. 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. Still, I was happy to see growth.

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New Listings Inventory Contracts Mortgage 508

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. There are 27% more homes on the market now than a year ago. So lets take the opportunity to look at a slightly different view of seller volume. million in 2025.

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Inventory New Listings Contracts Sellers 448

Sacramento Appraisal Blog

DECEMBER 16, 2024

What’s January going to be like in 2025? What can we expect ahead for the housing market? Today, I have three quick points, and while these visuals are specific to my area, some of the language use can be used in many different markets. This is my last blog post of 2024.

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Housing Market Marketing Appraisal Sellers 279

Housing Wire

NOVEMBER 25, 2024

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. more sellers than a year ago. more sellers than a year ago. We’re forecasting 4.2

New Listings 397

New Listings Inventory Sellers Contracts 397

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

Housing Wire

JANUARY 8, 2025

Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday.

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Real Estate Investing Investors Lending 419

Appraisal Buzz

JANUARY 8, 2025

According to new Zillow research, Buffalo, New York, is projected to be the hottest major housing market in 2025. This is the first time a market has held the title for consecutive years. But both buyers and sellers should expect unpredictable mortgage rates. Thats the good news.

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Buyers Sellers Home Value Construction 370

Housing Wire

JUNE 13, 2024

That’s a place where rates are really having a significant effect,” Powell said during a press conference after Wednesday’s meeting of the Federal Open Markets Committee (FOMC). For 2025, projections went from 3.9% “As of now, the market is pricing in just one cut by the end of the year and 2-3 cuts in 2025. .

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Inventory Mortgage Sellers Housing Market 468

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

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. trillion in origination volume in 2025, up from a projected $1.70 in 2024 and to 6.4% Fannie also upwardly revised its forecast for purchase mortgage origination volume to $1.22

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Mortgage Real Estate Agent Finance Buyers 511

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. The median price of all the homes on the market is $439,000.

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Inventory New Listings Sellers Contracts 476

Housing Wire

NOVEMBER 1, 2024

We’re excited to share that the FHFA ( Federal Housing Finance Agency ) pilot is expanded to all sellers who do business with Freddie Mac. Over the next few months, sellers will have the opportunity to opt in for the full year 2025. This is also another step that will assist first-time homebuyers.

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Appraisal Sellers Appraisal Process Design 396

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. When you include the 9,400 immediate sales, the total is 13% more sellers than a year ago.

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Inventory New Listings Sellers Contracts 396

Housing Wire

JANUARY 7, 2025

HousingWire, the leading source for housing market news and information, announced its partnership with Columbus Realtors, the largest city-based Realtor association in Ohio. We are thrilled to partner with HousingWire in 2025 by providing nearly 10,000 Columbus Realtors’ members with complimentary online subscriptions.

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Realtors Real Estate Housing Market Clients 370

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. home prices rose by 3.6% year over year in October 2024.

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Appraisal Valuation Home Value Housing Market 370

Appraisal Buzz

DECEMBER 19, 2024

The annual percentage of first-time buyers was 24%, the lowest ever recorded, according to NARs 2024 Profile of Home Buyers and Sellers, which was published in November 2024. The main constraints in the housing market have been inventory and affordability, Sturtevant said. has been a difficult market for would-be home buyers.

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Inventory Realtors Buyers Contracts 396

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. Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months.

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Contracts Buyers Inventory Mortgage 418

Housing Wire

AUGUST 19, 2024

Recently unsold inventory would rise later in the year, especially in the last two years as the market slowed when inventory climbed up to November. Slower growth of unsold homes on the market is a result of too few sellers on the supply side and stability on the demand side. There’s no sign of any big surge in sellers.

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Inventory New Listings Sellers Buyers 444

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.

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Legal Agents Real Estate Brokerage 396

Housing Wire

DECEMBER 14, 2023

“Given inflation continues to decelerate and the Federal Reserve Board’s current expectations that they will lower the federal funds target rate next year, we likely will see a gradual thawing of the housing market in the new year,” Sam Khater, Freddie Mac’s chief economist said in a statement.

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Mortgage New Listings Loan Officers Inventory 501