Remove 2026 Remove Housing Market Remove Realtors
article thumbnail

Pending Home Sales Climb to Highest Level Since March

Appraisal Buzz

The National Association of REALTORS (NAR) reports that pending home sales increased in September. Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months. Due to limited demand and rising availability, housing competition has diminished nationally.

Contracts 418
article thumbnail

How HousingWire’s 2025 market forecast compares to others

Housing Wire

The 2024 housing market is shaping out to be one of the slowest in recent memory, but what can the industry expect in 2025? HousingWire Lead Analyst Logan Mohtashami and Altos Research Founder Mike Simonsen have compiled a comprehensive forecast for the 2025 housing market. HousingWire’s 2025 forecast of 3.5%

Marketing 360
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FHFA releases fair lending final rule

Housing Wire

FHFA explained some of the actions it has taken to address housing inequality. million families under the Equitable Housing Finance Plans ”by educating consumers, reducing closing costs, introducing innovation into underwriting, and combating appraisal bias,” the agency stated. The effective date for this provision is Feb.

Lending 458
article thumbnail

Overblown rumors of demise? NAR has lost only 45K members since December

Housing Wire

The National Association of Realtors (NAR) reported that it had 1,509,195 members at the end of April, a decline of 2.96% from the 1,554,604 members it had at the end of 2023 but higher than its numbers in February and March. You can find more information in our recent update in Realtor Magazine.“ How many is unclear.

Realtors 445
article thumbnail

Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

“Apartment rents have dropped by nearly 15% in two years, which is warp speed for the housing market. Austin fits the classic example of a boom/bust housing market, where a collapse is taking place.” A better way to describe Austin’s market is “stabilizing,“ Whitaker said. Data supports Knapp’s perspective.

Marketing 370
article thumbnail

Fannie Mae Releases 2025 Economic Outlook 

Appraisal Buzz

As the new year draws near, Fannie Mae anticipates that many of the housing trends from 2024 will persist in 2025, with the lock-in effect of mortgage rates and housing affordability continuing to be major obstacles for countless Americans. over the same period last year, according to the National Association of Realtors.

Inventory 284
article thumbnail

Waterfront Property Appraisals

Appraisal Today

My info below is a limited high-level summary for the new UAD and URAR of what was presented, and what the appraiser community can expect to see, from now into 2026. As Lawrence Yun, Chief Economist for the National Association of Realtors, noted, the rate cut could stoke demand without addressing the ongoing supply constraints.