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.

Housing Market 366

Housing Market Retail Marketing Sellers 366

Housing Wire

NOVEMBER 20, 2024

The 2024 housing market is shaping out to be one of the slowest in recent memory, but what can the industry expect in 2025? HousingWire Lead Analyst Logan Mohtashami and Altos Research Founder Mike Simonsen have compiled a comprehensive forecast for the 2025 housing market. million in existing home sales in 2025.

Marketing 360

Marketing Inventory Housing Market Realtors 360

Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. real estate market is marked by contradictions that are leaving many confused. It’s a complex landscape where the tension between renting and owning is more pronounced than ever, and regional differences in housing demand highlight the uneven nature of the market. reflect a growing divide.

Real Estate 493

Real Estate Marketing Insurance Property Taxes 493

Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. months for the new home sales market.

Inventory 514

Inventory Housing Market Marketing Modernization 514

Housing Wire

JULY 23, 2024

Home price growth in the second quarter was stronger than previously anticipated, but economists at Fannie Mae believe it will likely moderate soon, closing 2024 and 2025 at annualized rates of 6.1% Fannie also forecasts refi volumes to grow to $563 billion in 2025 as home prices continue to rise and mortgage rates fall.

Inventory 468

Inventory Housing Market Construction Mortgage 468

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.

Real Estate 367

Real Estate Insurance Tenants Construction 367

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. I talk frequently about how rising rates creates rising inventory.

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Inventory New Listings Sellers Contracts 468

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

Housing Wire

AUGUST 29, 2024

Unsold inventory of homes on the market has been climbing in the U.S. In general, inventory rises with rates because more expensive money slows demand. When demand slows, inventory grows. According to Altos Research , there are 40% more homes on the market at the end of August 2024 than there were last year at this time.

Inventory 482

Inventory Real Estate Housing Market Construction 482

Housing Wire

AUGUST 19, 2024

Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at less than 1% rate. There are some signs that inventory growth is slowing with newly lower mortgage rates and the end of the summer. Let’s look at the details of the U.S.

Inventory 435

Inventory New Listings Sellers Buyers 435

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.

Investors 448

Investors Construction Training Realtors 448

Housing Wire

DECEMBER 20, 2024

Despite 2025 housing market predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. HW: What housing trends do you think will continue in 2025 and why? JL: Housing inventory has been climbing in recent months.

Real Estate 230

Real Estate Housing Market Marketing Realtors 230

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 230

Housing Market Marketing Inventory Realtors 230

Housing Wire

SEPTEMBER 5, 2024

It was the 10th straight month of annualized growth and for-sale inventory is now at its highest level since May 2020. The average listing last month had spent 53 days on the market, the slowest August in five years, according to Realtor.com. As the market slows seasonally, fall is one of the best times to buy a house.

Inventory 468

Inventory Buyers Sellers Mortgage 468

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. months for the new home sales market.

Inventory 435

Inventory Housing Market Marketing Modernization 435

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. “Our scalable tech platform is what empowers us to navigate dynamic markets with agility.

Mortgage 370

Mortgage Clients Inventory Business 370

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% Housing inventory climbed late in the year as mortgage rates rose. than last year at this time.

Sellers 482

Sellers Marketing Inventory Contracts 482

Housing Wire

NOVEMBER 11, 2024

Inventory, new listings, sales, and prices all dipped this week. Given the confluence of trends right now, I do expect inventory and new listings to rebound again before the end of the month. I’m now looking forward to 2025 when the data comes in each week. Inventory growing Rising interest rates create rising inventory.

Housing Market 397

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. All areas offer a favorable financing environmenteither with lower proportions of locked-in homeowners or lower mortgage rates.

Inventory 243

Inventory Bracketing Buyers Housing Market 243

Housing Wire

JUNE 12, 2024

Persistent economic trends that include inflation, a strong labor market and real gross domestic product (GDP) growth will continue to “dampen” mortgage origination activity through at least the end of 2026, according to the newest U.S. mortgage originations outlook from financial services forecasting and advisory company iEmergent.

Marketing 448

Marketing Mortgage Tools Inventory 448

Housing Wire

NOVEMBER 25, 2024

Inventory also declined for the week but less than expected. Inventory has been compressing since last year, but it expanded this week. 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.

New Listings 397

New Listings Inventory Sellers Contracts 397

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

Appraisal Buzz

DECEMBER 16, 2024

As the new year draws near, Fannie Mae anticipates that many of the housing trends from 2024 will persist in 2025, with the lock-in effect of mortgage rates and housing affordability continuing to be major obstacles for countless Americans. In 2025, economists predict that the average mortgage rate will continue to be higher than 6%.

Inventory 240

Inventory Construction Housing Market Mortgage 240

Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market.

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Buyers Marketing Mortgage Real Estate Agent 493

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 regional housing market was slower to recover from the financial crisis of the late 2000s than other parts of the country, and it had been reeling from a general decline of the region for years before that.

Housing Market 459

Housing Market Marketing Property Taxes Inventory 459

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.

Housing Market 284

Housing Market Marketing Inventory New Listings 284

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 362

Inventory Realtors Housing Market Real Estate 362

Appraisal Buzz

DECEMBER 16, 2024

With mortgage rates forecast to remain above 6%, inventory expected to remain tight, and home prices predicted to stabilize at their current highs, its looking like the housing market wont see much of a thaw in 2025, Fannie Maes Economic and Strategic Research (ESR) Group says in a recent report.

Housing Market 195

Housing Market Marketing Inventory Mortgage 195

Housing Wire

JUNE 12, 2024

The Federal Housing Finance Agency (FHFA) this week issued a public request for information for plans submitted by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac under the Duty to Serve (DTS) program that aims to serve underserved markets from 2025 through 2027. As the U.S.

Marketing 444

Marketing Finance Investing Government 444

Housing Wire

NOVEMBER 27, 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. Higher mortgage rates mean that some buyers might decide to wait until 2025.” year over year and 2% compared to September. However, there are headwinds. million.

Marketing 370

Marketing Realtors Housing Market Lending 370

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.

Mortgage 492

Mortgage Housing Market Inventory Contracts 492

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 433

Investors Mortgage Property Taxes Inventory 433

Appraisal Buzz

DECEMBER 11, 2024

is Realtor.coms Top Housing Market for 2025 , a list of the top 100 housing markets that are forecast to see increased sales in the coming year. Rounding out the top 10 markets are Miami-Fort Lauderdale-Pompano Beach, Fla.; These are markets that are primed and ready for growth in the year ahead, the firm says.

Housing Market 195

Housing Market Marketing Buyers Design 195

Housing Wire

DECEMBER 7, 2024

Let’s get into the holiday spirit with this week’s Housing Market Tracker data! Oddly enough, it wasnt jobs week data that moved the bond market this week, but the ISM service index, which came in soft and sent bond yields lower more aggressively. The year-over-year inventory growth is the best housing story for 2024.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Housing Wire

OCTOBER 16, 2023

The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists of the the Mortgage Bankers Association (MBA) said at the 2023 Annual Convention & Expo in Philadelphia, Pennsylvania. at the end of 2025 as Treasury rates decline and as the spread narrows.

Mortgage 508

Mortgage Marketing Inventory Technology 508

Housing Wire

JANUARY 26, 2024

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. According to an NAR outlook, home sales are projected to rise significantly in 2024 and 2025 as the housing market steadily returns to normal.

Contracts 482

Contracts Housing Market Construction Inventory 482

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.

Inventory 476

Inventory New Listings Sellers Contracts 476