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Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Notably, while the flow of new listings to the market is still nearly 14% lower than it was before the COVID-19 pandemic, its much improved to compared to the deficit of 25% in March 2024.

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What rising inventory means for the 2025 housing market

Housing Wire

Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market. Housing inventory It is December, of course, so inventory is falling for the season. There will be fewer homes on the market each week until February or so. Can there be too many homes for sale?

Inventory 418
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Housing market pauses for election

Housing Wire

We’re also at the seasonal decline time for the housing market. We have two more weeks where I expect more inventory of unsold homes on the market. There are some forecasters who use affordability as a guide for assuming home prices will fall in 2025 and 2026. At that time, mortgage rates rose from 6.5%

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What the Biden tax plans mean for the housing market

Housing Wire

The changes to the corporate tax rate were “permanent,” while the changes to the individual provisions were limited to 10 years and are scheduled to snap back to their prior levels in 2026. MSRs are booked as a balance sheet asset when loans are sold into the secondary market and show as book earnings at that time.

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Pending Home Sales Climb to Highest Level Since March

Appraisal Buzz

Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months. According to the Realtor.com and WSJ Housing Market Ranking, homebuyers have focused on mid-sized, reasonably priced regions in the Midwest and Northeast, even if housing prices are still high.

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What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. in 2025, indicating four more 25 bps cuts.

Inventory 488
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Fannie Mae: Housing Market in 2025 ‘Will Look a Lot Like 2024’

Appraisal Buzz

With mortgage rates forecast to remain above 6%, inventory expected to remain tight, and home prices predicted to stabilize at their current highs, its looking like the housing market wont see much of a thaw in 2025, Fannie Maes Economic and Strategic Research (ESR) Group says in a recent report.