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.

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Housing Wire

OCTOBER 21, 2024

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.

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Real Estate Marketing Insurance Property Taxes 470

Housing Wire

OCTOBER 17, 2024

in 2024 and 2% in 2025. by the end of 2025.” in 2025, slight adjustments to their previous forecasts of 6.1% These are conclusions drawn by economists at Fannie Mae ‘s Economic and Strategic Research (ESR) Group. They’re now projecting gross domestic product (GDP) growth to fall from 3.2% in 2023 to 2.3%

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Sellers Mortgage Buyers Business 510

Housing Wire

DECEMBER 19, 2023

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?

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Sellers Marketing Inventory Contracts 456

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. 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?

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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.

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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. 2025 Outlook NAR expects the Federal Reserve to maintain a gradual approach to easing monetary policy in 2025.

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Inventory Bracketing Buyers Housing Market 370

Appraisal Buzz

JUNE 12, 2024

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%

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Housing Wire

MARCH 28, 2024

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.

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Real Estate Agent Realtors Real Estate Sellers 368

Appraisal Buzz

NOVEMBER 13, 2024

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.

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Buyers Design Real Estate Agent Real Estate 418

Housing Wire

DECEMBER 12, 2024

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. 26, 2025 and hear Daren Blomquist in person.

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Appraisal Buzz

SEPTEMBER 5, 2024

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%

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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. 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.

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Housing Wire

DECEMBER 16, 2024

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.

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Real Estate Brokerage Agents Buyers 290

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.

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Mortgage Sellers Technology Valuation 324

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. Here’s HousingWire’s early look at Rocket Mortgage’s 2025 recapture play strategy.

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Housing Wire

DECEMBER 30, 2024

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.

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Inventory Sellers Housing Market Contracts 425

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. 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.

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Real Estate Agent Real Estate Agents Sellers 471

Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. As long as mortgage rates stay elevated, which seems likely for at least 2025 , well build a market with more and more homeowners with expensive mortgages. Thats a lot more would-be home sellers when the time comes.

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Mortgage Inventory Finance Sellers 468

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. She doesnt need it.

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Design Real Estate Brokerage Realty 306

Housing Wire

JANUARY 6, 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%

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Inventory New Listings Contracts Sellers 384

Housing Wire

DECEMBER 5, 2024

As Compass looks ahead to 2025, Golod said the housing industry should expect to see more M&A action out of the largest firm in the country by sales volume. While expansion and growth are clearly on the horizon for Compass in 2025, Golod said it will look different this time around than it did in Compass early days. Golod said.

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Real Estate Sellers Agents Business 292

Housing Wire

JANUARY 4, 2025

For some time now, its been showing positive growth versus both 2022 and 2023 data, and, in the first few days of 2025, versus 2024 data as well. We are near the top of the 10-year yield and mortgage rates forecast for 2025. We have a slight single-digit increase in demand year over year. Still, I was happy to see growth.

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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.

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Real Estate Brokerage Agents Business 265

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.

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Buyers Sellers Home Value Construction 370

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 People who are planning to buy a home by the end of 2025 expect to pay $483,490 on average, but 52% of those who have purchased since the start of 2023 have spent more than $500,000.

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Real Estate Agent Agents Real Estate Buyers 484

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. The S&P 500 is up 26.9%

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Housing Market Marketing Buyers Real Estate 344

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. The 2025 lines will trend higher, even closer to the old normal levels. more sellers than a year ago. more sellers than a year ago. We’re forecasting 4.2

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New Listings Inventory Sellers Contracts 333

Housing Wire

JULY 23, 2024

trillion in origination volume in 2025, up from a projected $1.70 The survey of 1,180 real estate agents across six Mid-Atlantic states and the District of Columbia found that 14% of sellers in June saw a contract fall through due to a buyer’s inability to secure financing, which was up from 11% in May. in 2024 and to 6.4%

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Mortgage Real Estate Agent Finance Buyers 510

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%

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Sellers Buyers Mortgage Housing Market 370

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. According to Yun, in 2025 and 2026, the median price of an existing home will increase to $410,700 and $420,000, respectively.

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Housing Wire

NOVEMBER 15, 2023

Borrowers with temporary rate buydowns funded by a seller, builder or lender pay a lower mortgage rate during the initial period of their loans, and the borrower’s reduced monthly payments are subsidized with money deposited into an escrow account.

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Appraisal Real Estate Agent Sellers Government 406

Housing Wire

JUNE 13, 2024

For 2025, projections went from 3.9% “Mortgage rate trends aren’t likely to bust the mortgage rate inventory lock-in effect until at least the end of the year, and possibly well into 2025, as the Fed holds fast on fighting inflation,” Realtor.com senior economist Ralph McLaughlin said in a statement. in March to 4.1%

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Inventory Mortgage Sellers Housing Market 433

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 2025, the conforming limit for loans purchased by Fannie Mae and Freddie Mac will rise to $806,500 for single-family homes, up 5.2%

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Mortgage Sellers Housing Market Buyers 351

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. There were fewer new sellers this week than last year for the first time in a while.

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Housing Market Marketing Inventory New Listings 349

Housing Wire

DECEMBER 5, 2024

Not many companies can provide a holistic solution to sellers of servicing, subservicing, TPO business, etc. We call it “perfect the platform” Sanchez: A few months ago, it seemed like we might have a little bit of a mini refi boom in 2025. Where do you see rates going in 2025?

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Tools Technology Business Mortgage 217

Appraisal Buzz

DECEMBER 19, 2024

The annual percentage of first-time buyers was 24%, the lowest ever recorded, according to NARs 2024 Profile of Home Buyers and Sellers, which was published in November 2024. In November, 30% of sales were made by first-time customers, which is an increase from 27% in October but a decrease from 31% in November 2023.

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Inventory Realtors Buyers Contracts 396