Housing Wire

DECEMBER 28, 2024

Now, as we look ahead to 2025, the market is in a much better position if mortgage rates fall toward 6%, something that wasnt the case before. The peak New listings came in a bit over 75,000 weekly. Rising mortgage rates often lead to an increase in the percentage of homes, reducing their prices.

Inventory 514

Inventory Housing Market Marketing New Listings 514

Housing Wire

JANUARY 20, 2025

Both the weekly new contracts and all the homes in the contract pending stage are below last year. 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. Lets look at the Altos Research data for this week, the middle of January 2025.

Mortgage 396

Mortgage Inventory New Listings Contracts 396

Housing Wire

JANUARY 6, 2025

The New Years week was expected to be slow, so it’s no surprise that new listings and sales are down. The Christmas and New Year’s holidays fell on Wednesdays this year, which messes up two full weeks in terms of getting home sales done and tracking the numbers. Those will start rebounding in next weeks data.

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

JANUARY 13, 2025

There were 45,000 new listings for single-family homes across the country this week, which is a big jump. This is the trend that will be the theme for 2025. Mortgage rates pushed this week close to 7.25%. Bond markets have driven mortgage rates back to the highs, and home sales are suffering.

Sellers 418

Sellers Inventory New Listings Contracts 418

Housing Wire

DECEMBER 14, 2023

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

Mortgage 501

Mortgage New Listings Loan Officers Inventory 501

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

Appraisal Buzz

JUNE 6, 2024

in 2025, according to the Q2 2024 Fannie Mae Home Price Expectations Survey (HPES) —conducted in collaboration with Pulsenomics, LLC. The rise in mortgage rates in 2024 and continued above-trend home price growth continue to strain home purchase affordability,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist. Following a 6.6%

New Listings 305

New Listings Sellers Mortgage Appraisal 305

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%. ” Mortgage rates have continued to rise since the Federal Reserve meeting on Dec. housing market.

Housing Market 429

Housing Market Mortgage Marketing Inventory 429

Housing Wire

NOVEMBER 25, 2024

With relentlessly high mortgage rates and stubbornly high home prices, the mortgage payment on the median priced home in the U.S. That does not bode well for home sales in the new year. We saw two signals that buyers are backing off in the face of mortgage rates. Last year, we were near the top of mortgage rates.

New Listings 397

New Listings Inventory Sellers Contracts 397

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

DECEMBER 7, 2024

Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand. When mortgage rates began to decline in June, there was a traditional lag between purchase applications and sales. Let’s see how the year ends, but since mortgage rates rose, the data has been positive for the last eight weeks.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Housing Wire

DECEMBER 14, 2024

The holiday season is here, and despite higher mortgage rates last week, housing demand is displaying some festive resilience. Mortgage rates picked up last week, though that hasnt significantly impacted our pending contract data, which is showing some positive year-over-year growth when we compare it to 2022 and 2023.

Mortgage 448

Mortgage Inventory New Listings Contracts 448

Housing Wire

SEPTEMBER 22, 2023

Soaring mortgage rates and home prices are continuing to dampen affordability for homebuyers. 17, according to a new report from Redfin. Combined with elevated mortgage rates, monthly housing payments are at an all-time high. 17, total active listings were at 806,701, down 16.2% New listings are down 6.7%

New Listings 482

New Listings Inventory Buyers Mortgage 482

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. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. in 2025 to reach $405,200.

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

MARCH 25, 2024

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. Mortgage rates seem to have finally settled down. The longer mortgage rates stay higher, the more inventory will grow closer to the old levels. A year with 5.5

New Listings 511

New Listings Inventory Contracts Sellers 511

Housing Wire

OCTOBER 28, 2024

Given the unrelenting mortgage costs, generally weak homebuyer demand, and the year’s rising supply of unsold homes, I’ve been expecting home prices to recede a bit in the second half of this year. 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.

Inventory 476

Inventory New Listings Sellers Contracts 476

Housing Wire

MARCH 18, 2024

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. 1 and as of today, March 18, mortgage rates are 30-40 basis points higher than Jan. This week in 2022 was the last of the 3% mortgages.

Inventory 468

Inventory New Listings Sellers Contracts 468

Housing Wire

NOVEMBER 11, 2024

Inventory, new listings, sales, and prices all dipped this week. The election took up a lot of peoples’ lives last week, and that obviously delayed some listing and sales activity, plus we’ve had spiking mortgage rates. I’m now looking forward to 2025 when the data comes in each week.

Housing Market 397

Housing Market Marketing Inventory New Listings 397

Housing Wire

NOVEMBER 4, 2024

Another tricky part of communicating this news is that home sales aren’t suddenly great. Last year was weak as mortgage rates were hitting 8%. Mortgage rates were super high and inventory was building. That difference can be attributed to mortgage rates staying higher for longer through September.

Inventory 396

Inventory New Listings Sellers Contracts 396

Appraisal Buzz

JANUARY 10, 2025

A few more buyers are out there for a number of reasons: High mortgage rates have been accepted by some; the daily average rates reached a seven-month high this week and are not expected to drop much anytime soon. New listings are down 2.5% The post New Year New Home? The post New Year New Home?

New Listings 395

New Listings Buyers Agents Sellers 395

Appraisal Buzz

JANUARY 17, 2025

Homebuyer demand dipped at the end of the year as mortgage rates continued to climb. After inching downward at the beginning of the month, mortgage rates reversed course halfway through December and have been rising sincein part because the Federal Reserve projected fewer 2025 interest-rate cuts than anticipated. year-over-year.

Contracts 397

Contracts New Listings Real Estate Agent Mortgage 397

Housing Wire

SEPTEMBER 3, 2024

Mortgage rates have eased down in anticipation of the Federal Reserve’s meeting in a couple weeks. Mortgage markets could cause mortgage rates to jump even if the Fed cuts. Mortgage markets could cause mortgage rates to jump even if the Fed cuts. There were another 10,000 new listings that immediately sold.

Inventory 458

Inventory New Listings Contracts Buyers 458

Housing Wire

AUGUST 19, 2024

There are some signs that inventory growth is slowing with newly lower mortgage rates and the end of the summer. There’s nothing in the data that says 2024 is going to accelerate, so the most optimistic scenario we’re watching for is stability and maybe poised for a sales recovery in 2025. Let’s look at the details of the U.S.

Inventory 444

Inventory New Listings Sellers Buyers 444

Appraisal Buzz

JUNE 12, 2024

Inflation has hit younger households hardest, and stubbornly high rates have pushed a mortgage out of reach for many first-time buyers. The largest drops were in New Orleans (-5.9%), Austin (-4.1%), and San Antonio (-2.2%). The typical mortgage payment is up 11.3% more new listings compared to last year.

Sellers 397

Sellers Buyers New Listings Home Value 397

Housing Wire

SEPTEMBER 24, 2024

New listings have stalled as a result of rising inventory. The anticipation of lower mortgage rates has frozen many buyers who think they can get a better deal if they wait a few months, not to mention sellers who are loath to give up mortgages in the 3% range. Indeed, mortgage rates haven’t moved much since the cut.

Housing Market 459

Housing Market Marketing Property Taxes Inventory 459

Housing Wire

AUGUST 29, 2024

for two years, right along with rising mortgage rates. That means currently just over 700,000 single-family homes are unsold, with about 10% of those going into contract each week, and another 75,000 new listings. Since mortgage rates started rising in 2022, Americans have shifted into what we might call The Great Stay.

Inventory 482

Inventory Real Estate Housing Market Construction 482

Appraisal Buzz

JULY 12, 2024

According to new Redfin research , a buyer on a $3,000 monthly budget may purchase a $447,750 house with a 6.85% mortgage rate, which is the daily average as of July 11. An alternative measure of affordability is the monthly mortgage payment of $2,647 at the current 6.85% rate on the average U.S. interest rate.

Contracts 370

Contracts Inventory Buyers Sellers 370

Appraisal Buzz

SEPTEMBER 5, 2024

The widely anticipated Fed rate cut has already ushered in lower mortgage rates, but it seems that some buyers and sellers are waiting for additional declines,” said Danielle Hale, Chief Economist at Realtor.com. “As Similar to buyers, sellers reduced their offering in August as newly listed properties dropped 0.9% overall to $429,990.

Sellers 397

Sellers Housing Market Buyers Marketing 397

Appraisal Buzz

OCTOBER 11, 2024

Mortgage rates have been declining since spring, and in August dropped to the lowest level in over a year. Michael Cendejas , a Redfin Premier real estate agent in Sacramento, CA , said some potential homebuyers also just haven’t realized mortgage rates are dropping. New listings, seasonally adjusted 526,740 1.6%

New Listings 195

New Listings Buyers Housing Market Real Estate Agent 195

Housing Wire

JULY 17, 2023

In the fall of 2022 after mortgage rates jumped to 7.5%, I thought maybe we’d missed the soft landing call. Buyers are very sensitive, so if inflation reheats, unemployment spikes and mortgage rates jump again, then the economy fails at its soft landing and craters hard. We could see inventory from distressed sellers emerge in 2025.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Listing Spark

DECEMBER 30, 2024

The Texas housing market has been a focal point of attention for potential buyers and sellers alike, especially as we approach 2025. However, as we move into 2025, there are indications that this trend may be stabilizing. This influx of new listings is vital for buyers who have faced limited choices in recent years.

Housing Market 69

Housing Market Marketing Sellers Real Estate Agent 69

Housing Wire

NOVEMBER 26, 2024

If an uptick in housing inventory and more favorable interest rates materialize in 2025, you’ll still need to find creative ways to generate buzz for your listings and expand your client network. Listing and marketing properties is a complicated process. When you buy through our links, we may earn a commission.

Open Houses 448

Open Houses Real Estate Tools Agents 448

Housing Wire

DECEMBER 6, 2024

For buyers, you may want to link to new listings that fit their must-haves. Its the best place to find average mortgage rates. Use snippets from your longer content (like blogs) for your newsletter and include links to direct your audience back to your website. You can do the same with your social media channels.

Real Estate 397

Real Estate Clients Tools Sellers 397

Empire Appraisal Group

OCTOBER 10, 2024

This combination of increased housing supply for sale—the damaged homes coming up for sale—coupled with strained demand—the result of spiked home prices, spiked mortgage rates, higher insurance premiums, and higher HOAs— translated into market softening across much of Southwest Florida. new listings between August 2024 and September 2024.

Inventory 78

Inventory New Listings Housing Market HOA 78

Will Springer Realtor

DECEMBER 10, 2024

November new listings fell by about half of the previous month’s rate while home prices saw a welcome decline. Even with mostly lower prices, affordability remains the biggest challenge for buyers as mortgage interest rates climbed toward 7%. The number of new listings tumbled 48% from October and was down 2.7%

New Listings 62

New Listings Buyers Real Estate Mortgage 62

Will Springer Realtor

OCTOBER 15, 2024

Now that the Federal Reserve has cut interest rates, home buyers should swarm the market with low-interest mortgages …. Consumers considering a change of address are holding out amid forecasts for lower mortgage interest rates in 2025. After the Fed rate cut, mortgage applications jumped 9% in a week. Hold on, there!

Housing Market 68

Housing Market Marketing Construction Buyers 68

Will Springer Realtor

FEBRUARY 13, 2024

And, despite the rise in new listings, the number of homes still on the market on Feb. The figures were promising from the single-family-home category as well, with new listings jumping 129% (1335) from December in King and up a negligible 0.5% fewer listings than December and 28% below January 2023 figures.

New Listings 57

New Listings Buyers Inventory Lending 57