Appraisal Buzz

DECEMBER 30, 2024

If youre thinking about buying or selling a house and wondering about the housing market, youre not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions! Will Interest Rates Go Down in 2025?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Housing Wire

DECEMBER 16, 2024

The COVID-19 pandemic turned a number of nontraditional cities into housing market hotspots. While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Locked-in mortgages have been widely credited with cutting off housing inventory.

Housing Market 418

Housing Market Marketing Inventory Realtors 418

Housing Wire

DECEMBER 23, 2024

New home sales grew over last month in the latest Census report , but homebuilders are now facing a supply issue their inventory is building up. This situation poses a risk to construction labor in 2025. Is 2025 the first year we start losing residential construction jobs? percent (18.6 percent (19.3 Why is this important?

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Construction Inventory Mortgage Development 525

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. High inventory levels contribute to another problem as active listings are remaining unsold for longer periods. The report focuses on homes that were on the market for at least 60 days at end of the month.

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Inventory Sellers Housing Market Contracts 488

Housing Wire

FEBRUARY 8, 2025

Better mortgage spreads are limiting how high rates can rise in 2025. This situation contrasts with the challenges the market faced in 2023, during the banking crisis when the Federal Reserve was still raising rates. Today, I want to explain why this topic is essential as we look ahead to the rest of 2025.

Mortgage 487

Mortgage Inventory New Listings Contracts 487

Appraisal Buzz

NOVEMBER 26, 2024

As 2025 draws near, mortgage rates are once again in the news. Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” increase in property values in 2025. Zillow predicts 4.3

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Housing Wire

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. Buyers appear to be done waiting for rates to fall, prompting them to enter the market to take advantage of higher inventory levels.

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Inventory Buyers Housing Market Mortgage 435

Housing Wire

DECEMBER 16, 2024

Dramatic mortgage rate movements are destined to play a major role in the coming year, according to Zillow ‘s newest forecast , which also calls for declining mortgage rates to be a catalyst for home-sales growth and home-price appreciation in 2025. “There’s a strong sense of dj vu on tap for 2025. million in 2025.

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Housing Market Marketing New Listings Home Value 370

Appraisal Buzz

NOVEMBER 25, 2024

Zillow is predicting a more active housing market in 2025 , but those hoping to buy — or even refinance — should buckle up for a bumpy ride and be ready to move when conditions are right. More inventory should shake loose in 2025, giving buyers a bit more room to breathe. For existing home sales, Zillow forecasts 4.3

Housing Market 365

Housing Market Marketing Buyers Construction 365

Appraisal Buzz

MARCH 13, 2025

Timing is crucial in a difficult real estate market, and this year, the Realtor.com Best Time to Sell study indicates that the best time for sellers to discover the best balance of market circumstances is between April 13 and April 19. Quicker market pace: Homes typically sell faster during this week due to above-average demand.

Sellers 356

Sellers Inventory Buyers Housing Market 356

Housing Wire

FEBRUARY 28, 2025

Forecasts for the housing market in 2025 are not that rosy, but Ryan McKeveny and Brian Hale see this as a good thing for the years ahead. The market is reaching this coiled spring point, he said. We saw it in September, when you do get some improvement in rates, consumers come to the market pretty quickly.

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Housing Market Inventory Buyers Mortgage 410

Appraisal Buzz

FEBRUARY 13, 2025

Redfin cited a number of reasons for this increase in the nations housing inventory, including: The mortgage rate lock-in effect is fading: A number of homeowners who scored low mortgage rates during the pandemic have been staying put because moving would mean taking on a higher rate. But most people cant stay put forever.

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Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

JANUARY 27, 2025

Recently, weve shared that the inventory of unsold homes is growing. 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. Lets take a look at the data for the third week of January 2025. 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. However, we need lower mortgage rates to grow sales in a bigger fashion in 2025. Chairman Powell’s statements created a ripple effect in the market.

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Housing Market Marketing Inventory New Listings 504

Housing Wire

OCTOBER 25, 2024

Davis believes that by aligning with the right lender and expanding product offerings, originators can position themselves as valuable partners in a shaky market. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. The Fix-and-Flip program is great to serve to investors and tap into that market.

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Investors Construction Training Realtors 448

Appraisal Buzz

NOVEMBER 26, 2024

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability.

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Real Estate Tenants Insurance Construction 367

Appraisal Buzz

FEBRUARY 5, 2025

Auction.com has released its 2025 Distressed Market Outlook , which forecasts foreclosure auction volume decreasing 8% in 2025 as a baseline scenario. The forecast also incorporates two other less likely scenarios with differing macroeconomic and housing market assumptions.

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Retail Inventory Housing Market Sellers 334

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. Pro tip: Todays market is buyer friendly.

Mortgage 370

Mortgage Sellers Real Estate Buyers 370

Appraisal Buzz

FEBRUARY 3, 2025

The number of office-to-apartment (O-to-A) conversions is on the rise, and by 2025, there will be about 71,000 units planned, breaking new records. Only 3,709 of the 55,339 office-to-apartments that were in some stage of development in January of last year were finished by December, meaning that 51,630 units remained unfinished until 2025.

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Renovations Construction Modernization Inventory 345

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%. However, as mortgage rates started to rise late into 2024 and have stayed elevated in 2025, that has facilitated a slight but consistent decline in pending sales year over year.

Mortgage 411

Mortgage Inventory New Listings Housing Market 411

Housing Wire

JANUARY 6, 2025

Altos Research tracks every home for sale in the country every week all the active inventory and pending sales as they happen as well as prices and supply and demand metrics Lets look at this weeks data. Inventory fell There are 635,000 single-family homes unsold on the market now. fewer homes on the market that a week ago.

Inventory 448

Inventory New Listings Contracts Sellers 448

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.

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Government Mortgage Inventory New Listings 451

Housing Wire

JANUARY 13, 2025

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. That’s 12% more sellers than a year ago.

Sellers 418

Sellers Inventory New Listings Contracts 418

Housing Wire

DECEMBER 19, 2024

The jump in sales gives the market momentum heading into 2025, which is expected to outperform 2024. Elevated inventory has put downward pressure on prices this year, but November’s numbers foreshadow a potential tightening. million sales in 2025, a number that is close to the current rate of 4.15 While thats a 4.7%

Inventory 459

Inventory Realtors Housing Market Real Estate 459

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.

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Inventory New Listings Housing Market Sellers 374

Housing Wire

JANUARY 24, 2025

Existing home sales ended the year on a positive note , which aligns with our weekly Housing Market Tracker data, but something surprising is that home prices firmed up late in the year as well. Active inventory typically decreases at this time of year, but in 2024 it did not drop below 1 million. A few key notes on the charts below 1.

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Inventory Housing Market Sellers Marketing 482

Housing Wire

FEBRUARY 10, 2025

During the conversation, the group discuss real estate market challenges, the value of being a part of an association, and growth areas for associations in 2025. To kick off the live conversation, Velt asks a question about the current challenges facing the housing market in 2025. Jeff, I’ll start with you.

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Realtors Marketing Real Estate Sellers 431

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. Inventory grew faster last year.

New Listings 369

New Listings Inventory Contracts Sellers 369

Housing Wire

FEBRUARY 26, 2025

Buyers, sellers and practitioners in the housing market pay close attention to the headlines that emerge from various changes in market activity, and sometimes those headlines can lead to fear. But there is also a 28% surge in inventory compared to this time in 2024, though the inventory increases are not evenly distributed nationally.

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Housing Market Marketing Inventory Sellers 179

Housing Wire

JANUARY 14, 2025

“Inventories of existing homes for sale have improved from a year ago but remain historically low, due largely to the so-called ‘lock-in effect.’ ” Fannie Mae’s 2025 forecast suggests that its unlikely that the 2025 housing market will deviate from 2024 norms.

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Housing Market Inventory Mortgage Marketing 418

Housing Wire

FEBRUARY 3, 2025

Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels. On Monday, ICE released its February 2025 Mortgage Monitor report , which is based on the company’s public datasets. home-price growth, according to Walden. home-price growth, according to Walden.

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Marketing Inventory Housing Market Mortgage 332

Housing Wire

NOVEMBER 23, 2024

Weekly housing inventory data Last week saw another slight decline in active listing and soon, the holidays will kick in. The seasonal decline is well underway, and it looks like the 739,434 level will be the peak of inventory for 2024. Weekly inventory change (Nov. Weekly inventory change (Nov.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

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. However, they did, and this is the second time over the past two years that mortgage rates just heading toward 6% changed housing market dynamics. This is something to think about for 2025.

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Mortgage Housing Market Inventory Contracts 492

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. Its a stunning number given how bad the market was in the years after the financial crisis in 2008. Whether 2025 will be a better market depends on who you ask. But new-home sales are a relative bright spot.

Sellers 458

Sellers Housing Market Realtors Inventory 458

Housing Wire

FEBRUARY 3, 2025

Inventory of unsold homes on the market ticked down fractionally this week. Its not uncommon for January to have a little up and down in the inventory numbers. If inventory were jumping each week, that would be notable, but its not. Lets take a look at the data for the final week of January 2025. About 33.1%

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Sellers Inventory New Listings Contracts 400

Housing Wire

OCTOBER 28, 2024

We track inventory and home sales very closely, so the biggest surprise this year has been the resiliency of home prices. All the dominant trends in the housing market this year seem like they would indicate home prices declining. Inventory ticked down this week Inventory ticked down to 738,000 from 739,000 last week.

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Inventory New Listings Sellers Contracts 475

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%. million units in total housing inventory, which was 2.9% million units in total housing inventory, which was 2.9% million).

Inventory 396

Inventory Realtors Buyers Contracts 396