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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? Home building is expected to increase in 2025.
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. NAR expects the Midwest revival to continue in 2025, as Indianapolis and Grand Rapids, Michigan, are among 10 metro areas listed.
In this week’s episode of the RealTrending podcast , host Tracey Velt traveled to the REengage Winter Conference to speak with Illinois Realtors CEO Jeff Baker and president Tommy Choi. To kick off the live conversation, Velt asks a question about the current challenges facing the housing market in 2025.
Its late December so all the 2025 mortgage rate forecasts have been published. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. Unfortunately, all of them are already wrong.
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. As the market gradually recovers, 2025 should bring more sales and relatively moderate increases in property values. increase in property values in 2025.
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. Helping Realtors close more transactions is invaluable.
The company has been in business since 1957 as we always say, we are a multigenerational company and that is not just a marketing phrase, Hanna said. In 2025 and beyond, Hanna said he hopes these innovations lead to more growth. The biggest lesson this year was really just a reinforcement of something we kind of already knew.
Stats are the fuel to the fire of the real estate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them. This proves your expertise to clients and allows you to provide them with knowledge about the real estate market.
Home negotiations technology platform Indigo just received a large investment to expand its operations in 2025. The founders also cited the National Association of Realtors ‘ antitrust lawsuits as a key motivator behind Indigo’s launch.
In some states, the door has been open for many years to real estate agents who want to access their local MLS without being a Realtor. This is the exact move that the Phoenix Association of Realtors (PAR) and the Austin Board of Realtors (ABoR) made recently.
The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 The jump in sales gives the market momentum heading into 2025, which is expected to outperform 2024. million sales in 2025, a number that is close to the current rate of 4.15
According to a new IPX 1031 survey, an estimated67% of Americans are worried about the real estate market in 2025. housing market, such as the need to carefully negotiate high borrowing rates and agent commissions. In 2025, over half (47%) will not be able to afford to purchase a home.
Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.
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. Consider the numbers. According to U.S.
As you plan your 2025, its important to be intentional about including self-development activities. Paperback Audiobook Best books to improve Realtors communication skills 7 Levels of Communication by Michael J. Learn how to dominate your hyper-local market using her system. Read, internalize, implement and repeat!
A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. “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.
The Phoenix Association of Realtors (PAR) has blinked first in its game of chicken with the National Association of Realtors (NAR). The groups announced Thursday that theyve come to an agreement that will pare down PARs membership option to agents who are not Realtors, bringing PAR into compliance with NARs bylaws.
Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% year over year and 2% compared to September.
The luxury real estate market is on a growth trend early in 2025. as reported by the National Association of Realtors (NAR). Buyers and sellers alike continue to rely on the expertise of Sothebys International Realty agents to successfully navigate an ever-changing market and achieve their real estate goals, White said.
The National Association of Realtors reports that existing-home sales increased in November. 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%. Three major U.S. from October to 4.15
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. From the National Association of Realtors : Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – expanded 3.4%
Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). Pending sales activity had been higher in October and November, and there was some growing optimism that the 2025 housing market could start out strong. compared to a year prior in December.
Ill walk you through my top picks for the best hard money lenders in 2025 and explain how to choose the right lender for your specific needs. Kiavi recently announced an expansion to 13 more states, increasing their loan volume by 46%, in turn creating more reliable capital for realtors. The proof is in the pudding.
Deephaven’s focus on non-QM lending is expected to drive its volume past $80 billion in 2025. Tom Davis: When you’re working with a professional and you want expertise, you’re going to want to work with someone who is the expert in your market. A lot of folks were expecting a decline in 2025. trillion.
Existing home sales finished 2024 on a high note after a dismal year for the housing market. The December report from the National Association of Realtors (NAR) shows existing-home sales at a seasonally adjusted annual rate of 4.24 HousingWires comprehensive 2025market forecast predicts 4.2 million, a 9.3%
As 2025 approaches, state-funded down payment assistance (DPA) programs are helping veterans , service members and surviving spouses achieve their dreams of homeownership. Rob Chrane, founder and CEO of Down Payment Resource, said that veterans and their families should be more aware of DPA options heading into 2025.
The National Association of REALTORS (NAR) reports that pending home sales increased in September. Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months. Rates have since climbed to 6.54%, possibly sapping some of the energy starting to build in the market.”
Related articles 9 savvy strategies to get more real estate referrals The best real estate closing gifts for 2025 A luxury pet bed from Pottery Barn ($150-$299) A luxurious pet bed makes an ideal closing gift for clients with four-legged friends. She offers a 15% discount for Realtors that includes a money-back guarantee.
District Court Judge Vince Chhabria in San Francisco set the November 2025 trial date on Friday during a case management hearing. Originally filed in 2020 by TAN, the suit takes aim at the National Association of Realtors ’ (NAR) ban on pocket listings via its Clear Cooperation Policy. The most important upcoming deadline is Dec.
Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. According to the National Association of Realtors (NAR), only 24% of recent buyers were first-timers. By comparison, first-time buyers comprised 40% of the market before 2008.
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.
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.
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.
In 2025, however, the real estate franchisor is looking to welcome in and foster the next generation of top agents. The industry experienced a lot of shifts from the settlement , to fluctuations in the market and I think that navigating those changes just highlighted the importance that this industry is ever-evolving.
Amerivest brings experienced agents and a suite of technology and education tools — covering marketing , business management, customer relationship management (CRM) and document management solutions — that will integrate into Real’s platform. He has held multiple leadership roles with the Florida Association of Realtors.
Of the surveyed pool, 42% have sold since late 2022 as rising mortgage rates cooled the post-pandemic market. In August, directly after the NAR settlement went into effect in most markets, Redfin reported that the typical U.S. The changes haven’t materially had an impact so far on NAR membership or projections of 2025 membership.
Does experience matter for first-year Realtors? He was a bartender who started his real estate career in a market that was brand new to him. To find out, we sat down with Brandon to get his best advice for new Realtors. Of course, not every niche will work in every market or for every agent. Some have both.
When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. housing market , trailing only married couples. That was only seven years after women were legally allowed to obtain a mortgage without a cosigner.
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. Job growth: Job growth drives economic stability and income increases, which are key factors for home affordability.
HousingWire, the leading source for housing market news and information, announced its partnership with Columbus Realtors, the largest city-based Realtor association in Ohio. Columbus Realtors aims to be the leading voice of real estate in central Ohio.
Mortgage escrow accounts are an important, yet widely misunderstood asset in the housing market. ” Those increases are already occurring as 2025 kicks off. For example, property values in Maryland rose 20% on average over the last three years, according to a Maryland REALTORS report.
Set for Monday-Tuesday, February 24-25 at The Worthington Renaissance Fort Worth Hotel , the 2025 Velocity, A FORCE Conference , is tailored for professionals in REO and the adjacent markets, including agents and brokers, asset managers, property management, attorneys, and servicers.
According to the most recent quarterly report from the National Association of Realtors (NAR), home prices increased in nearly 90% of metro markets (201 out of 226, or 89%) in Q4 of 2024, while the 30-year fixed mortgage rate varied between 6.12% and 6.85%. with six of the markets found in the Midwest. in the prior quarter.
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. And this focus just happened to coincide with everything going on at the National Association of Realtors and the lawsuits. We are really trying to enhance the experience of our partners.
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