Housing Wire

FEBRUARY 24, 2025

There are obviously fewer buyers who can afford these prices. In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. When you add it all together it really implies that if major unemployment hits right now, this is 2026 inventory growth. Mortgage rates are a big variable here.

Inventory 495

Inventory New Listings Sellers Contracts 495

Appraisal Buzz

FEBRUARY 3, 2025

The area within which a subject, property competes for the attentions of buyers and sellers. Mandatory implementation will occur on November 2, 2026. I look forward to November 2, 2026, when all these changes are behind us. Open the menu and select Module 10. Heres a link to the timeline. The transition will be challenging.

Valuation 388

Valuation Appraisal Real Estate Architecture 388

Housing Wire

DECEMBER 16, 2024

If a big recession hits in 2025, it would typically take nine to 12 months for that to create inventory, so that would be 2026 before wed see a surge of homes for sale from a recession. By the end of next year we should be basically back to the old normal levels of inventory. more than a year ago.

Inventory 418

Inventory Housing Market Marketing Sellers 418

Appraisal Buzz

FEBRUARY 5, 2025

The prices that auction buyers were willing to pay relative to after-repair value also declined to end the year, although there were signs of price demand turning a corner higher in November and December. foreclosure auction volume decreasing 8% from 2024 to about 69,000, as a baseline scenario.

Retail 334

Retail Inventory Housing Market Sellers 334

Housing Wire

NOVEMBER 22, 2024

The sheer amount of additional supply on the market has really given buyers more of a leg up,” she said. “I JBREC is not forecasting meaningful rent growth until 2026 and beyond, which will make it harder for new project developments to pencil.”

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Housing Wire

AUGUST 15, 2024

During this building phase, we also began ramping up our advocacy efforts, starting with the successful push for changes at the VA to help protect our veteran home buyers. “We Additionally, it entitles members to $20 off their 2026 renewal and 20% off all events the fledgling trade group hosts through the end of next year.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Realtors 468

Housing Wire

AUGUST 7, 2024

“These rules — especially the rule concerning concealment of commissions — uniquely harm buyers, who are at an information disadvantage to home sellers and who are the ones who actually select whether a buyer-broker is involved or not in the transaction, who that buyer-broker is, and the reasons they were chosen.”

Brokerage 448

Brokerage Realtors Real Estate Buyers 448

Housing Wire

DECEMBER 13, 2023

For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. We’re probably at an inflection point where rates have come down enough that more buyers are coming back into the marketplace,” said Melissa Cohn, regional vice president of William Raveis Mortgage.

Inventory 488

Inventory Housing Market Mortgage Law 488

Housing Wire

JUNE 17, 2024

The analysis of historic home prices, income levels and mortgage rates found that baby boomers — Americans between the ages of 60 and 78 this year — “arguably faced the toughest housing market ever for first-time buyers.“

Housing Market 497

Housing Market Property Taxes Inventory Buyers 497

Appraisal Buzz

OCTOBER 8, 2024

This peak was a high point for many homebuyers, but as the Federal Reserve indicated plans for more cuts through 2025 and even into 2026, mortgage rates are expected to decline over time. The national average rate on a 30-year mortgage peaked at 7.22% in May 2024. Still, the differences between states remain stark.

Mortgage 435

Mortgage Housing Market Buyers Marketing 435

Housing Wire

JUNE 28, 2024

Each of these out-of-state Named Plaintiffs allegedly enlisted a buyer-agent in the period from 2018 to 2021 to purchase a home in these other states. The eighth Named Plaintiff purchased a home in Illinois in 2022 using a buyer-agent from Berkshire Hathaway HomeServices,” the filing states.

Brokerage 392

Brokerage Realtors Law Real Estate 392

Housing Wire

MAY 8, 2024

First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said. million homes in 2026,” Reffkin said. Reffkin’s confidence came from what he called “five facts.” million to 5.6

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

MAY 12, 2023

The buyer inherited a lender that produced $891 million in mortgage loans in Q1, compared to $1.7 The buyer will also assume $500 million in Home Point’s senior notes due in February 2026. billion in Q4 2022. In total, the origination segment had a $20.1 million loss in Q1 2023, compared to $24.2 million in Q4 2022 and $8.4

Buyers 397

Buyers Inventory Business Mortgage 397

Housing Wire

MAY 29, 2024

NAR chief economist Lawrence Yun has repeatedly said that he expects membership to decline over the next two years before potentially rebounding in 2026. Economists and analysts say the “decoupling” of buyer and seller commissions will convince a significant number of Realtors to abandon the field.

Realtors 445

Realtors Agents Inventory Modernization 445

Appraisal Buzz

FEBRUARY 5, 2025

by the end of 2026. Rising Housing Inventory and a Potential Flood of Buyers With housing inventory rising 30 % over the past six months and new and existing homes currently topping 4.7 Further, we will do everything we can to support a strong labor market as we progress toward price stability.He by the end of 2024, 4.1%

Marketing 221

Marketing Loan Officers Training Technology 221

Housing Wire

DECEMBER 11, 2023

The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. Buyers want to know that they will be able to get a low mortgage rate when they lock in a rate. in 2024, followed by 5.5% in 2025.

Mortgage 482

Mortgage Buyers Inventory Technology 482

Appraisal Buzz

SEPTEMBER 25, 2024

Forecasting and advisory services firm iEmergent has downwardly revised its 2024-2026 U.S. By 2026, overall mortgage origination volumes are expected to show modest recovery as housing affordability gradually improves. While this has helped maintain economic strength, it has also suppressed mortgage origination volumes.

Mortgage 195

Mortgage Buyers Appraisal Marketing 195

Housing Wire

APRIL 27, 2022

I believe the homeownership rate can get back to 66.21% at some point in the years 2022-2026.”. The loan profile of buyers during the post-2010 expansion is excellent, so when the next job loss recession happens, we won’t lose as many homeowners (compared to what occurred after the Great Recession).

Inventory 370

Inventory Housing Market Legal Mortgage 370

Appraisal Buzz

SEPTEMBER 18, 2024

The Fed now predicts that inflation will not come down to their 2% target until sometime in 2026. Put another way, a buyer who budgeted to buy the typical home in 2023 now has an extra $70,000 in home purchasing power for the same monthly cost, and the boost is even greater in some markets such as those in California.” in June 2022.

Investors 435

Investors Mortgage Buyers Real Estate 435

Housing Wire

SEPTEMBER 20, 2023

next year and to reach 2% in 2026, he added. Over the past year, buyer interest has remained high, home prices continued to rise in most markets, and homebuilding activity has surged,” she said. “The median unemployment rate projection in the summary economic projections rises from 3.8% at the end of this year to 4.1% this year, 2.5%

Housing Market 476

Housing Market Landlords Mortgage Investors 476

Appraisal Today

NOVEMBER 1, 2024

Conversely, in high-end homes, buyers expect the latest designs, features and finishes; and therefore, an outdated kitchen may be considered as functional obsolescence. Mandate: November 2, 2026 UAD 2.6 Early 2026 New UAD in full production. Mandate: November 2, 2026 All lenders must use UAD 3.6

Appraisal 91

Appraisal Training Contracts Mortgage 91

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025. Data provided by Warren Group & MLSPin and compared to the prior year.

Real Estate 52

Real Estate Sellers Realty Buyers 52

Appraisal Buzz

DECEMBER 16, 2024

According to their baseline forecast, core inflation will continue to decline and economic growth and employment increases will slow slightly in the upcoming year, but it wont achieve the Feds target until 2026. To read the full report, including more data, charts, and methodology, click here.

Inventory 284

Inventory Construction Housing Market Mortgage 284

Lamacchia Realty

JANUARY 30, 2025

Buyers remained motivated despite affordability challenges from rising rates and home prices. The market began as a sellers market but gradually shifted toward buyers, with a surge in activity later in the year and expectations for a rebound in 2025.

Real Estate 37

Real Estate Sellers Realty Buyers 37

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025. Data provided by Warren Group & MLSPin and compared to the prior year.

Real Estate 66

Real Estate Sellers Realty Buyers 66

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025.

Real Estate 66

Real Estate Sellers Realty Buyers 66

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from increasing rates and rising home prices, buyers stayed persistent. The year started as a sellers market but transitioned toward buyers, with renewed activity and hopes for a rebound in 2025. To learn more about Massachusettss performance, click here to read the2024 Massachusetts Year in Review.

Real Estate 65

Real Estate Sellers Realty Buyers 65

Appraisal Today

JANUARY 31, 2025

“Potential buyers might include high-profile individuals like celebrities or CEOs, investors, entertainers or hosts, or luxury lifestyle seekers,” he tells Realtor.com. trillion in 2026 (previously $2.37 We now project the 30-year mortgage rate to end 2025 and 2026 near 6.5 million) and for 2026 to 5.25

Appraisal 68

Appraisal Contracts Real Estate Insurance 68

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025. Data provided by Warren Group & MLSPin and compared to the prior year.

Real Estate 64

Real Estate Sellers Realty Buyers 64

Lamacchia Realty

JANUARY 30, 2025

Active buyers must stay proactive and well-prepared to act quickly when they find a property that meets their needs. As Anthony stated in his 2025 Predictions , I believe 2025 will mark the beginning of this recovery, with 2026 poised to be a historic year for the industry as sales normalize.

Insurance 67

Insurance Real Estate Housing Market Realty 67

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025. Data provided by CCIMLS and compared to the prior year.

Real Estate 59

Real Estate Sellers Realty Buyers 59

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025. Data provided by Warren Group & MLSPin and compared to the prior year.

Real Estate 59

Real Estate Sellers Realty Buyers 59

Lamacchia Realty

JANUARY 30, 2025

Despite affordability hurdles from higher rates and rising home prices, buyers remained focused. The year started as a sellers market but gradually shifted toward buyers, with a surge of activity later on and expectations for a 2025 rebound. Data provided by Warren Group & MLSPin and compared to the prior year.

Real Estate 58

Real Estate Sellers Realty Buyers 58

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025. Data provided by Warren Group & MLSPin and compared to the prior year.

Real Estate 57

Real Estate Sellers Realty Buyers 57

Housing Wire

JULY 23, 2024

The program authorized $350 billion to state, local and tribal governments, but with the stipulation that the money be allocated by the end of this year and spent by the end of 2026. First-time homebuyers have 1,445 programs that are restricted to assisting only them, while 970 allow for assistance to repeat buyers.

Buyers 468

Buyers Finance Government Mortgage 468

Lamacchia Realty

JANUARY 30, 2025

Despite affordability challenges from rising rates and home prices, buyers remained determined. The market started as a sellers market but gradually shifted toward buyers with a surge of activity later in the year, setting the stage for a rebound in 2025. Data provided by Warren Group & MLSPin and compared to the prior year.

Real Estate 52

Real Estate Sellers Realty Buyers 52

Will Springer Realtor

NOVEMBER 22, 2022

It’s perfectly legal, as long as buyers properly document the transfer of funds from the relative(s) and follow guidelines from their lender. The use of gift funds is popular – and almost a necessity – in this market, with about one in every five first-time buyers using money from a family member for at least part of the down payment.

Buyers 36

Buyers Legal Real Estate Agent Sellers 36