Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. of outstanding mortgages, around 8.7 million borrowers, carry a mortgage with an interest rate over 6%. Available inventory of homes for sale fell each year as more and more borrowers had this cheap financing.

Mortgage 488

Mortgage Inventory Finance Sellers 488

Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

DECEMBER 9, 2024

As we look into 2025, the question everyone is asking is: Do we have a new era starting? We know inventory has been climbing all year. The MBAs mortgage applications data has been surprisingly strong. Inventory is growing Lets start with supply. Inventory shrank every year for most of the decade.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

DECEMBER 16, 2024

While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Among the 10 NAR highlights there are common themes existing affordability, lower lock-in effect on mortgages, strong job growth and high migration. Locked-in mortgages have been widely credited with cutting off housing inventory.

Housing Market 418

Housing Market Marketing Inventory Realtors 418

Appraisal Buzz

DECEMBER 10, 2024

Realtor.com has revealed its Top Housing Markets for 2025 , highlighting the areas ready for growth in the year ahead. Inventory on the Rise While the nations housing inventory remains a challenge, a recovery is underway, with the number of homes for sale in November notching the highest mark since December 2019.

Housing Market 418

Housing Market Marketing Inventory Government 418

Appraisal Buzz

JANUARY 3, 2025

According to Zillow s most recent market research, the erratic and abrupt changes in mortgage rates that had a significant impact on the housing market in 2024 will undoubtedly be a significant factor in the upcoming year. By 2025, that figure ought to increase somewhat to 4.16 The post Will Home Sales Increase in 2025?

New Listings 396

New Listings Inventory Buyers Inspection 396

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 397

Real Estate Housing Market Marketing Realtors 397

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.

Mortgage 370

Mortgage Clients Inventory Business 370

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. However, mortgage rates didn’t stay flat. If mortgage rates continue to rise to 7.5%

Inventory 468

Inventory New Listings Sellers Contracts 468

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 now forecasts the 30-year fixed rate mortgage rate to average 6.8% and 3%, respectively. in 2024 and 6.4% Credit: Fannie Mae

Inventory 468

Inventory Housing Market Construction Mortgage 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. Whether youre looking to buy your first home, upgrade or simply gain clarity on the current market , this guide is your insiders playbook to tackle 2025 with confidence. The key takeaway?

Mortgage 370

Mortgage Sellers Real Estate Buyers 370

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.

Housing Market 370

Housing Market Marketing New Listings Home Value 370

Housing Wire

NOVEMBER 23, 2024

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. Initially, the data showed more robust performance as mortgage rates approached 6%.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

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

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. Texas inventory grew by 1.5%

Inventory 444

Inventory New Listings Sellers Buyers 444

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. Wait, what?

Inventory 514

Inventory Housing Market Marketing Modernization 514

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 370

Inventory Bracketing Buyers Housing Market 370

Housing Wire

AUGUST 29, 2024

Unsold inventory of homes on the market has been climbing in the U.S. for two years, right along with rising mortgage rates. In general, inventory rises with rates because more expensive money slows demand. When demand slows, inventory grows. Inventory is climbing but it’s still pretty restricted.

Inventory 482

Inventory Real Estate Housing Market Construction 482

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

SEPTEMBER 5, 2024

Data released Thursday by Realtor.com and Redfin shows that even as more homes are being listed for sale and mortgage payments are becoming more affordable, fewer transactions are occurring. It was the 10th straight month of annualized growth and for-sale inventory is now at its highest level since May 2020.

Inventory 468

Inventory Buyers Sellers Mortgage 468

Housing Wire

NOVEMBER 21, 2024

The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of time resulted in higher prices in a seasonally soft period. This is something to think about for 2025. However, that didn’t happen. million in October.

Mortgage 492

Mortgage Housing Market Inventory Contracts 492

Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. Mortgage rates, rental patterns, homeownership dreams, and housing trends across the country are all seemingly colliding in ways that create both opportunities and uncertainties. real estate market is marked by contradictions that are leaving many confused. But there’s more to the story.

Real Estate 493

Real Estate Marketing Insurance Property Taxes 493

Housing Wire

JANUARY 20, 2025

This housing market is on hold until mortgage rates come down. We knew that mortgage rates over 7% were possible for the year, and here we are. I still expect well spend most of the year under 7% for the 30-year fixed rate mortgage , but until that happens, home sales are at a standstill. When will that be? I have no idea.

Mortgage 396

Mortgage Inventory New Listings Contracts 396

Housing Wire

JANUARY 7, 2025

housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025.

Housing Market 334

Housing Market Luxury Properties Marketing Design 334

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. 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. Has the spring home-buying season already begun?

New Listings 508

New Listings Inventory Contracts Mortgage 508

Appraisal Buzz

NOVEMBER 26, 2024

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Stone discussed challenges in the real estate and mortgage sectors, emphasizing operational efficiency and preparedness in light of regulatory changes, housing supply concerns, and evolving market dynamics.

Real Estate 367

Real Estate Insurance Tenants Housing Market 367

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. Mortgage rates pushed this week close to 7.25%. Its only two weeks into January and mortgage rates have hit the high end of the range we forecasted for the entire year.

Sellers 418

Sellers Inventory New Listings Contracts 418

Housing Wire

JANUARY 6, 2025

At the same time, mortgage rates jumped back over 7%. What were trying to track are what the real-time signals are telling us about homebuyers and 7% mortgage rates. Inventory fell There are 635,000 single-family homes unsold on the market now. Inventory falls quickly over the holidays, so this week has 2.4%

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

OCTOBER 25, 2024

TD: There will be an uptick throughout the rest of 2024 and into 2025 due to a deficit of 5-7 million homes. Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory. HW : The fix-and-flip market continues to see strong demand despite inventory challenges.

Investors 448

Investors Construction Training Realtors 448

Housing Wire

JUNE 1, 2024

Mortgage rates have been a bit more volatile recently due to hawkish Federal Reserve statements and inflation data, which has impacted some of the recent movement in the 10-year yield. So, what does this all mean for the housing market and the future of mortgage rates? Once mortgage rates began rising in 2024, some demand was removed.

Mortgage 520

Mortgage Inventory New Listings Housing Market 520

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. Wait, what?

Inventory 435

Inventory Housing Market Marketing Modernization 435

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.’ ’ Since the beginning of October, mortgage rates have rebounded after bottoming out around 6.1% home-price appreciation for calendar year 2025.

Housing Market 418

Housing Market Inventory Mortgage Marketing 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. 26, 2025 and hear Daren Blomquist in person.

Housing Market 370

Housing Market Retail Marketing Sellers 370

Housing Wire

JANUARY 7, 2025

The new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S. At HousingWire s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. “If mortgage spreads had been as unfavorable as they were in 2023, mortgage rates would be around 8% instead of near 7%.”

Housing Market 429

Housing Market Mortgage Marketing Inventory 429

Housing Wire

NOVEMBER 8, 2024

The NAR president and Massachusetts native then took NAR members on a walk down memory lane to explain the trade group’s priorities for 2025. “In So, as I look to 2025 and where we want to go, it is to stick to the basics. Those utilizing mortgages from the U.S. It means that in 2025, NAR is going to be leaner.

Realtors 370

Realtors Real Estate Legal Agents 370

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. However, this year, mortgage rates rose during this timeframe.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

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. But acquisitions were also somewhat easier in these markets due to rising inventory. ”

Investors 434

Investors Mortgage Property Taxes Inventory 434