Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Mortgage rates continue to move higher and that’s impacting buyers. After the hurricanes , we got hit with spiking mortgage rates and then the election.

Housing Market 448

Housing Market New Listings Marketing Inventory 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? Home building is expected to increase in 2025. HW: Lets dive into some demographic shifts.

Real Estate 397

Real Estate Housing Market Marketing Realtors 397

Appraisal Buzz

DECEMBER 30, 2024

Key Takeaways Interest rates should continue to decrease in 2025. Housing inventory will likely still be low in 2025, and demand could increase. Will Interest Rates Go Down in 2025? Good news: Mortgage rates will likely continue going down in 2025! Will the Housing Market Crash in 2025?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Housing Wire

JANUARY 27, 2025

In recent weeks, home sales also faltered in the face of 7% mortgage rates. Now some of them are sliding below the year prior, which is driven by relentlessly high mortgage rates. Lets take a look at the data for the third week of January 2025. This market is at a standstill as long as mortgage rates are above 7%.

Inventory 393

Inventory Sellers New Listings Contracts 393

Housing Wire

FEBRUARY 3, 2025

As inventory builds and, as there are fewer offers from homebuyers , more sellers feel the need to reduce the asking price of the homes for sale. Lets take a look at the data for the final week of January 2025. Sellers who dont get an offer may choose to cut their price. By early 2020, mortgage rates were pretty low.

Sellers 400

Sellers Inventory New Listings Contracts 400

Appraisal Buzz

JANUARY 30, 2025

According to the Realtor.com January Monthly Housing Report, January saw a positive shift in seller activity despite recent hikes in mortgage rates, with the number of newly listed homes increasing 37.5% The uptick is likely due to some residual benefit from falls lower mortgage rates, which could fade. month-over-month.

Sellers 332

Sellers Inventory New Listings Contracts 332

Appraisal Buzz

JANUARY 23, 2025

Home Sales Report , which shows that home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% Margins fell back as the increase in home values failed to keep up with larger price spikes recent sellers had been paying when they originally bought their homes. ATTOM has released its Year-End 2024 U.S.

Sellers 395

Sellers Investing Housing Market Home Value 395

Housing Wire

FEBRUARY 10, 2025

Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth. New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior.

Sellers 327

Sellers Inventory New Listings Contracts 327

Housing Wire

JANUARY 17, 2025

As we head into 2025, Im optimistic about the Southern Nevada real estate market and the opportunities it presents. While the Fed recently dropped rates another quarter, they are insisting that rate cuts will be nominal at most moving into 2025.Just This means some sellers might see their properties moving quickly.

Real Estate 369

Real Estate Buyers Sellers Marketing 369

Appraisal Buzz

FEBRUARY 5, 2025

Auction.com has released its 2025 Distressed Market Outlook , which forecasts foreclosure auction volume decreasing 8% in 2025 as a baseline scenario. Those two scenarios have foreclosure auction volume increasing in 2025. This data provides forward-looking insight into retail housing market trends.

Retail 334

Retail Inventory Housing Market Sellers 334

Housing Wire

FEBRUARY 1, 2025

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. Agents reported that 27% of first-timer buyers requested mortgage rate buydowns from sellers. Other agents reported that the NAR settlement complicated things for buyers and sellers.

Buyers 480

Buyers Real Estate Agent Mortgage Real Estate 480

Housing Wire

DECEMBER 16, 2024

This service allows homebuyers who work with a Howard Hanna agent and get their mortgage through Howard Hanna Mortgage Services to receive a credit of up to $10,000 (or 0.5% In 2025 and beyond, Hanna said he hopes these innovations lead to more growth. of the loan amount) at settlement to use toward their closing costs.

Real Estate 368

Real Estate Brokerage Agents Buyers 368

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

Housing Wire

JANUARY 29, 2025

High mortgage rates, low inventory and sky-high prices resulted in historically low sales at a time when agents are already wrestling with the changes related to the $418 million antitrust settlement signed by the National Association of Realtors (NAR). In the current climate, homebuilders have advantages over existing-home sellers.

Sellers 458

Sellers Housing Market Realtors Inventory 458

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash.

Mortgage 301

Mortgage Training Construction Investors 301

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 397

Mortgage Inventory New Listings Contracts 397

Housing Wire

DECEMBER 30, 2024

Although higher home prices , rising mortgage rates and other expenses are obvious factors, there may be more to the story. More inventory should be a sign of the market’s return to normalcy, according to Mohtashami, as the market enters 2025 with 27% more inventory compared to early 2024.

Inventory 488

Inventory Sellers Housing Market Contracts 488

Housing Wire

MARCH 3, 2025

The 30-year fixed mortgage has followed suit, recently falling as low as 6.75%, the lowest level since mid-December. Its quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. So, mortgage rates have been declining for several weeks now.

New Listings 369

New Listings Inventory Contracts Sellers 369

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.

Real Estate Agent 476

Real Estate Agent Real Estate Agents Sellers 476

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. In those times, we just had far more buyers than sellers. Thats not true now, so we should expect inventory to begin building for the year in February 2025.

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

JANUARY 24, 2025

However, housing demand surged when mortgage rates fell in the early 1980s during a recession. A similar situation could occur now, but we haven’t had mortgage rates low enough for long enough to increase home sales significantly. months we saw with distressed sellers in 2008. A few key notes on the charts below 1.

Inventory 482

Inventory Housing Market Sellers Marketing 482

Housing Wire

MARCH 10, 2025

Are there any signs of sales growing for 2025? See the purple line for 2025 keeps coming in just below 2024. Last year at this time, mortgage rates were heading higher to peak in May at 7.5%. This year, if current trends hold, we could already be past that point in 2025. in 2025 over the previous year.

Inventory 374

Inventory New Listings Housing Market Sellers 374

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 475

Inventory New Listings Sellers Contracts 475

Appraisal Buzz

FEBRUARY 13, 2025

Redfin cited a number of reasons for this increase in the nations housing inventory, including: The mortgage rate lock-in effect is fading: A number of homeowners who scored low mortgage rates during the pandemic have been staying put because moving would mean taking on a higher rate. month-over-month, and 4.7% year-over-year.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

DECEMBER 11, 2024

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. Looking ahead to 2025, The Agency says geopolitics will impact the luxury market. Thats compared to a 12.9% The S&P 500 is up 26.9%

Housing Market 370

Housing Market Marketing Buyers Real Estate 370

Housing Wire

JANUARY 30, 2025

High mortgage rates have not significantly dented housing demand due to greater numbers of cash transactions. 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. Economic data never moves in a straight line. in the Northeast, 4.9%

Contracts 424

Contracts Housing Market Buyers Realtors 424

Appraisal Buzz

JANUARY 27, 2025

This suggests that completed foreclosure auctions may also slightly increase in Q1 of 2025, according to new Auction.com data. This suggests that local community developers who were purchasing distressed properties at auction gained more confidence in the 2025 real estate market after the election results. in Q4 of 2023 and 54.4%

Sellers 415

Sellers Buyers Marketing Real Estate 415

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. Further gains are expected if the economy continues to add jobs, inventory levels grow, and mortgage rates hold steady.”

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

FEBRUARY 26, 2025

Buyers, sellers and practitioners in the housing market pay close attention to the headlines that emerge from various changes in market activity, and sometimes those headlines can lead to fear. That fear trickles through to homebuyers and sellers, often leading them to stay on the sidelines. in 2025, but this could change.

Housing Market 179

Housing Market Marketing Inventory Sellers 179

Housing Wire

NOVEMBER 4, 2024

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. When you include the 9,400 immediate sales, the total is 13% more sellers than a year ago.

Inventory 393

Inventory New Listings Sellers Contracts 393

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%. As of December 12, the 30-year fixed-rate mortgage averaged 6.6%, according to Freddie Mac. At the end of November, there were 1.33

Inventory 396

Inventory Realtors Buyers Contracts 396

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

Appraisal Buzz

JANUARY 8, 2025

According to new Zillow research, Buffalo, New York, is projected to be the hottest major housing market in 2025. But both buyers and sellers should expect unpredictable mortgage rates. According to Zillows market heat index, sellers had a significant edge in talks there during the course of the previous year.

Buyers 370

Buyers Sellers Home Value Construction 370

Appraisal Buzz

FEBRUARY 17, 2025

According to a new IPX 1031 survey, an estimated67% of Americans are worried about the real estate market in 2025. IPX 1031 conducted a poll of thousands of Americans to find out how they intend to handle these hurdlesdiving into their homeownership goals, budgets, and fears for 2025.

Marketing 286

Marketing Real Estate Investing Realtors 286

Appraisal Buzz

JANUARY 27, 2025

Profit margins for home sellers decreased in 2024 compared with 2023, despite rising home prices, a report from ATTOM shows. Home sellers made a $122,500 profit on typical sales nationwide last year, generating a 53.8% Amid the generally good news, thats something worth following closely in 2025. return on investment.

Sellers 195

Sellers Housing Market Investing Appraisal 195

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

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.” The price of their franchise is going to be worth more,” Hanson said.

Mortgage 413

Mortgage Sellers Technology Valuation 413