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?

Mortgage 370

Mortgage Sellers Real Estate Buyers 370

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? Home building is expected to increase in 2025.

Real Estate 230

Real Estate Housing Market Marketing Realtors 230

Housing Wire

OCTOBER 17, 2024

in 2024 and 2% in 2025. ” Following data revisions and recent employment data, bond market expectations for rate cuts have moved into closer alignment with the dot plot from the Federal Reserve ’s latest Summary of Economic Projections. . by the end of 2025.” by the end of 2025.” in 2023 to 2.3%

Sellers 511

Sellers Mortgage Buyers Business 511

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. The 2025 Red Paper from The Agency shows the luxury market making a sharp diversion from the broader existing home sales market, which could clock in near a historic low at fewer than 4 million sales.

Housing Market 370

Housing Market Marketing Buyers Real Estate 370

Appraisal Buzz

SEPTEMBER 5, 2024

With the total number of homes on the market at its greatest point since May 2020 and interest rates about to start declining, buyers will have more options this autumn. Simultaneously, home sellers reduced the number of newly listed properties on the market, with a -0.9% decrease from the previous year. “In overall to $429,990.

Sellers 397

Sellers Housing Market Buyers Marketing 397

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.

Real Estate 366

Real Estate Brokerage Agents Business 366

Appraisal Buzz

JUNE 12, 2024

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. May 2024 Market Report Highlights Home values climbed month over month in all 50 of the nation’s largest metro areas in May. Buyers observed more listings month after month in all major markets except Miami.

Sellers 397

Sellers Buyers New Listings Home Value 397

Housing Wire

OCTOBER 7, 2024

Photo courtesy of Willie & Kim Photography) Mortgage industry leaders expect more mergers and acquisitions (M&A) in 2025, fueled by declining interest rates and renewed market confidence after two years of what they describe as “modest activity.” Rates are starting to go down.

Mortgage 416

Mortgage Sellers Technology Valuation 416

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 5, 2024

We did two other significant deals earlier this year Latter & Blum and Parks Real Estate , who were also leaders in their respective regions and markets. Compass has been vocal about its desire to make significant market share gains , and Golod says its latest acquisition certainly wont hurt.

Real Estate 370

Real Estate Sellers Agents Business 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.

Housing Market 397

Housing Market Marketing Inventory New Listings 397

Housing Wire

DECEMBER 16, 2024

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.

Real Estate 252

Real Estate Brokerage Agents Buyers 252

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

Agents 448

Agents Marketing Brokerage Real Estate 448

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

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. 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 20, 2024

Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. Of the surveyed pool, 42% have sold since late 2022 as rising mortgage rates cooled the post-pandemic market. million members in 2025, at 8% smaller decline than many had expected.

Real Estate Agent 476

Real Estate Agent Real Estate Agents Sellers 476

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

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 In light of recent market trends, a 150 basis point range in 2025 seems plausible. from the current cap of $766,550.

Mortgage 397

Mortgage Sellers Housing Market Buyers 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.

Real Estate Agent 488

Real Estate Agent Agents Real Estate Buyers 488

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.

Legal 388

Legal Agents Real Estate Brokerage 388

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. .

Inventory 468

Inventory Mortgage Sellers Housing Market 468

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. Overall, the days spent on market is 24% higher now than a year ago.

Inventory 476

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.

Appraisal 394

Appraisal Sellers Appraisal Process Design 394

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. This isn’t a strong market; it’s just better than last year. more homes on the market than last year. There are 29.8%

Inventory 396

Inventory New Listings Sellers 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.

Contracts 418

Contracts Buyers Inventory Mortgage 418

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. There were a record number of apartments delivered in many markets last year, but builders appear to be pulling back to avoid a glut of supply. Housing completions also grew by 15.5%

Mortgage 511

Mortgage Real Estate Agent Finance Buyers 511

Appraisal Buzz

DECEMBER 11, 2024

Additionally, the study indicates that since baby boomers intend to remain in their current homes, 2025 sellers will probably be younger. Almost one-third (32.2%) of those potential sellers have been in their house for fewer than five years. Of those surveyed, 26.8% of homeowners between the ages of 30 and 39 and 28.0%

Sellers 370

Sellers Buyers Mortgage Housing Market 370

Housing Wire

OCTOBER 2, 2024

In the amended complaint, the plaintiff claims that the suit is seeking to “stop the National Association of Realtors (“NAR”) and its affiliates from conspiring to shut down competition, disrupt the relationship between real estate agents and their clients, and take away a family’s freedom to choose how to market their home for sale.”

Agents 434

Agents Realtors Sellers Brokerage 434

Housing Wire

DECEMBER 14, 2023

Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. 14, according to Freddie Mac ‘s Primary Mortgage Market Survey. The holidays have come early for the mortgage industry. The 30-year, fixed mortgage rate averaged 6.95% for the week ending Dec.

Mortgage 501

Mortgage New Listings Loan Officers Inventory 501

Housing Wire

DECEMBER 11, 2024

In 2025, effective websites leverage beautiful imagery, videography, graphics, copywriting, captivating typography and user experience design (UX) to educate buyers and sellers and sell you as a hyper-local market expert and trusted advisor. This is crucial for driving seller leads. Those who list, last.

Design 230

Design Real Estate Brokerage Realty 230

Housing Wire

SEPTEMBER 5, 2024

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. Still, the market may have more activity this fall than usual. And Redfin data shows that pending sales dropped 8.4%

Inventory 468

Inventory Buyers Sellers Mortgage 468

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%. The main constraints in the housing market have been inventory and affordability, Sturtevant said. Sales increased 6.1%

Inventory 312

Inventory Realtors Buyers Contracts 312

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.

Inventory 435

Inventory New Listings Sellers Buyers 435

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. New listings Last week, 59,000 new single-family listings came to market. The takeaway?

Inventory 468

Inventory New Listings Sellers Contracts 468

Housing Wire

JANUARY 18, 2024

“It will also allow us to achieve our goal of supplying 10,000 homes outside of Japan by fiscal year 2025, ahead of our initial expectations.” Data from Altos Research shows that just over 505,000 single-family homes are on the market across the U.S. ” Sekisui claims it has delivered over 2.62 That’s a 1.2%

New Listings 459

New Listings Housing Market Inventory Sellers 459

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. A soft landing is how you end that crazy cycle without the massive pain of a market crash or bubble burst. The froth is out of the market. is $450,000.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

NOVEMBER 23, 2024

We haven’t seen stress sellers on any scale that all those terrible YouTube accounts have been pushing for years. The goal for 2025 is to get new listings back to normal, which means that during the seasonal peak period, we should get new listings between 80,000 and 110,000 per week.

Mortgage 514

Mortgage Inventory New Listings Contracts 514