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However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. In 2025, housing affordability in the U.S. That growth is in jeopardy if we stay at the high end of the mortgage rate range into the first quarter 2025. The elephant in the room is affordability.
Home prices in 2025 are a couple percentage points above where they were last year at this time. New listings To get a lot of homes on the market though we need some sellers. In total, it was another week with fewer home sellers that last year. Its hard to grow inventory too much when there arent many sellers.
That’s 12% more sellers than a year ago. 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. Sellers are up, but sales are down. There were 12% more sellers this week than the same week in early January 2024.
And 2025 is poised to continue the trend of rising inventory across the country. Well probably finish 2025 with 15% more homes available than we have now. How will that impact home prices in 2025? Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market.
As we look into 2025, the question everyone is asking is: Do we have a new era starting? Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. more sellers than the same week a year ago.
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.
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. One of the conclusions of our forecast is that we’ll see inventory growth in 2025 again, with about 17% more homes on the market by the end of next year.
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.
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.
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? Is It a Buyers Market?
The class encompasses home sellers across 20 local MLSs. In its filing, HomeServices asked for a review of an August 2023 ruling by the Eighth Circuit Court, which found that HomeServices could not enforce arbitration agreements signed by seller clients of its franchisees. The trial would take place in Chicago at the U.S.
As 2025 approaches, the U.S. Despite Fed cuts, mortgage rates remain stubborn One of the most glaring contradictions as we head into 2025 is the persistence of high mortgage rates despite efforts by the Federal Reserve to cut interest rates in late 2024. Some sellers are also reconsidering their choices.
The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. Could we see new inventory from distressed sellers if we see a deep recession?
in February of previous year, indicating that sellers are becoming more accustomed to the present market conditions. over the previous year, making 2019 February the most active month for sellers since 2021. Sellers also listed their homes at higher rates than the previous year, with the number of newly listed homes rising 4.2%
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. I am hoping for 5-10% seller growth each week.
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?
Lets take a look at the data for the third week of January 2025. In 2025, the price appreciation curve is flatter still. Home sellers and listing agents know where demand is for homes. Heres one bright spot 2025 is the third year of flattish home-price changes. There were 4% more sellers, including the immediate sales.
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.
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% By the end of the year, that percentage is predicted to drop to 75%, according to the 2025 Realtor.com Housing Forecast. 1.2% +54.9%
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.
Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. Buyers and Sellers Butt Heads as Inventory Jumps Sellers’ new listings increased by 8% from April to May, and are now 13% higher than last year’s record low. through May 2025. in 2024 before falling 1.4%
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.
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. 2025 Outlook NAR expects the Federal Reserve to maintain a gradual approach to easing monetary policy in 2025.
In 2025 and beyond, Hanna said he hopes these innovations lead to more growth. In 2025, Hanna said much of this help and guidance will come in the form of taking the business back to basics. As Hanna looks toward 2025 with renewed confidence in his firms mission, he is feeling confident.
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.
Home negotiations technology platform Indigo just received a large investment to expand its operations in 2025. The company announced this week that it secured $8 million in funding to offer better insights and cohesiveness to real estate agents. We provide transparency into the transaction and help agents show their negotiating value.
In 2025, home purchasers and homeowners will design cozy, environmentally friendly, and climate-resilient homes by fusing the newest technology with vintage, rustic beauty. Floral designs, tapestries, antique furniture, and chintz are all expected to make a big comeback in 2025.
A majority of agents believe 2025 is going to be a great year for the housing market. Although agents are split on whether its going to be a buyers or a sellers market, 87% predict that demand will remain very strong over the next year.
Simultaneously, home sellers reduced the number of newly listed properties on the market, with a -0.9% In April we noted that rising for-sale inventory was likely to lead to more balance between buyers and sellers. Similar to buyers, sellers reduced their offering in August as newly listed properties dropped 0.9%
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. She doesnt need it.
In the current climate, homebuilders have advantages over existing-home sellers. High mortgage rates have kept potential sellers out of the market because many secured rock-bottom rates from the period after the financial crisis through 2022, when the Federal Reserve began to rapidly raise interest rates to combat inflation.
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.
in 2025, according to the Q2 2024 Fannie Mae Home Price Expectations Survey (HPES) —conducted in collaboration with Pulsenomics, LLC. Despite rising mortgage rates, 84% of respondents say both consumer and home-seller sensitivity to the “lock-in effect” is decreasing, adding to the increase in listings. Following a 6.6% projection.
To do so, develop strategies and programs that cater to buyers and sellers at every stage. This is incredibly important as regulations like the infamous Telephone Consumer Protection Act (TCPA) will go into effect in 2025. For buyers, focus on delivering second-to-none service and support. It may not be easy, but nothing worthwhile is.
We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process. You might opt for a more upscale gift for your luxury home seller and choose something lasting for the first-time home buyer (Note: they may become a luxury client later in life!).
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.
Additionally, the firm underwent a significant round of layoffs in August 2024 , with further layoffs continuing into early 2025. Kelman said of Redfins strategy for 2025 on his firms fourth-quarter and full year 2024 earnings call with investors and analysts on Thursday evening. We expect to be significantly profitable in 2025.
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. Not only is this method popular, but it’s also well-regarded; 76% of sellers who worked with an agent felt their services were worth the cost.
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. “I explain to sellers that their house will sit on the market if its not fairly priced.
For example, according to HousingWires Mortgage Rates Center , interest rates for 30-year mortgages grew from 7% to 7.36% between December 26, 2024, and January 24, 2025. Beyond that, Deephaven allows up to 3% seller concessions at closing. Thats quite the jump in less than a month. Finance a loan, and you may lose money.
Are there any signs of sales growing for 2025? See the purple line for 2025 keeps coming in just below 2024. This year, if current trends hold, we could already be past that point in 2025. in 2025 over the previous year. We are watching for signals that home prices might turn negative nationwide in 2025.
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. The total number of unsold homes on the market to start 2025 is just 18% fewer than at the start of 2018, seven years ago. million in 2025. Thats only 2.3%
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%
Its quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. Last week at HousingWires Housing Economic Summit in Dallas, I shared the data on why I expect that the same 6% threshold will be what were facing in 2025. This is after Q4 2024 was 5% above the year prior.
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