Housing Wire

DECEMBER 16, 2024

For-sale inventory is now about 26% below the norms of 2018 and 2019, the smallest shortfall since September 2020. The ESR Group predicts that the broader economy will remain stable and expand at an above-trend pace through 2026 as it navigates elevated core inflationary pressures and heightened policy uncertainty.

Housing Market 370

Housing Market Marketing New Listings Home Value 370

Housing Wire

FEBRUARY 28, 2025

Due to this, McKeveny and the folks at Zelman are expecting meaningful growth in home sales and origination volumes in 2026. Housing inventory is key Inventory is important in making the housing market more affordable, but it’s more complicated than just building more houses, McKeveny said. That hasn’t gone away.

Housing Market 428

Housing Market Inventory Buyers Mortgage 428

Appraisal Buzz

FEBRUARY 5, 2025

Demand at distressed property auctionsfor both foreclosure auctions and bank-owned (REO) auctionshas drifted lower to end 2024 as market headwinds such as rising retail inventory and higher-for-longer mortgage rates intensified for the local community developers buying at auction.

Retail 335

Retail Inventory Housing Market Sellers 335

Housing Wire

NOVEMBER 22, 2024

That’s a factor too of higher inventory.” JBREC is not forecasting meaningful rent growth until 2026 and beyond, which will make it harder for new project developments to pencil.” “I would just say that the rental market is still performing a little bit more strongly than the residential or the for-sale market,” Knapp added.

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Appraisal Buzz

DECEMBER 16, 2024

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.

Housing Market 195

Housing Market Marketing Inventory Mortgage 195

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. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We in 2025, indicating four more 25 bps cuts.

Inventory 488

Inventory Housing Market Mortgage Law 488

Housing Wire

APRIL 3, 2025

Compass’s market share stands at roughly 5% and the company is targeting 30% market share in its top 30 MSAs by the end of 2026. I would not be surprised if the portals, assuming they are still on IDX feeds, all of a sudden have far less inventory than what is actually available in markets like these.

Marketing 358

Marketing Brokerage Sellers Agents 358

Housing Wire

MAY 23, 2024

Housing inventory has also climbed from the low poitns of last year , although it remains well below pre-pandemic levels. trillion in 2026. in 2026, according to Fratantoni’s forecast. Fratantoni expects a major rebound for the mortgage market over the next two years. Mortgage rates should fall to 5.9% in 2025 and 5.7%

Retail 476

Retail Mortgage Valuation Inventory 476

Housing Wire

NOVEMBER 20, 2024

With this assumption — in addition to ongoing affordability issues and low inventory — HousingWire’s analysts foresee home-price appreciation of 3.5%, less than the 5% growth seen in typical years. This growth is in line with upward trends in inventory that began in 2022, when available homes for sale tanked to roughly 250,000.

Marketing 360

Marketing Inventory Housing Market Realtors 360

Housing Wire

JUNE 17, 2024

And the youngest millennials (ages 28 to 43 this year) don’t turn 30 until 2026, so there is time for this trend to shift. Buyers in today’s market face high prices, high mortgage rates, and low levels of affordable inventory, making it exceptionally challenging to purchase a home as a first-time buyer.”

Housing Market 497

Housing Market Property Taxes Inventory Buyers 497

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 222

Marketing Loan Officers Training Technology 222

Housing Wire

MAY 29, 2024

Details of the latest membership count comes as the trade group works to implement a series of major rule changes stipulated by the Sitzer/Burnett commission lawsuit settlement agreement, as well as fewer market opportunities for members due to historically low levels of existing-home sales inventory.

Realtors 445

Realtors Agents Inventory Modernization 445

Housing Wire

MAY 10, 2023

Per the transaction, Mr. Cooper is acquiring all outstanding shares of Home Point and assuming $500 million in outstanding Home Point 5% senior notes due in February 2026. Amid high mortgage rates, low inventory and fierce competition, Homepoint’s overall origination came in at $27.7 billion in 2022, a 71.6%

Legal 418

Legal Sellers Inventory Mortgage 418

Housing Wire

JULY 25, 2023

Boomer behaivor This, by itself, offers hope for easing the real estate inventory crunch that continues to dampen velocity in the market, along with high interest rates. The Census Bureau estimates that homeownership by those 65 and older in 2026 will drop by 12 million, with a further drop of 15 million in the subsequent decade.

Marketing 370

Marketing Real Estate Inventory Agents 370

Housing Wire

MAY 8, 2024

We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. For example, Compass has access to off-market exclusives through Compass Private Exclusives and Coming Soon, which is particularly important in a low-inventory environment.” million homes in 2026,” Reffkin said.

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

JUNE 2, 2023

Meanwhile, 2025 and 2026 will be off the charts. What does Ishbia think about surging mortgage rates , lack of housing inventory and monetary and policy pressures ? ” Ishbia says that the wholesale channel should reach 33% market share by 2026, compared to the current level of 22%. And 2025 and 2026 will be off the charts.

Retail 370

Retail Inventory Mortgage Loan Officers 370

Housing Wire

MAY 12, 2023

The company failed to adjust to a landscape of high mortgage rates, low inventory levels and fierce competition. The buyer will also assume $500 million in Home Point’s senior notes due in February 2026. The transaction with The Loan Store did not include the company’s MSR portfolio, which is the target of Mr. Cooper’s deal.

Buyers 397

Buyers Inventory Business Mortgage 397

Housing Wire

DECEMBER 26, 2023

It might really be 2026,” George said. The macro challenge: Still not much inventory Analysts unanimously agree that inventory will continue to be a significant issue entering 2024. ” George agrees that inventory will remain a problem. I think people are still gonna be pretty locked in.

Mortgage 516

Mortgage Inventory Marketing Finance 516

Housing Wire

DECEMBER 11, 2023

Most LOs don’t expect traditional rate-term refinance demand to return until the second half of 2025 and into 2026. And for originations business to pick up, a stability of low rates as well as a supply in inventory would have to work in tandem. “I Meanwhile, it will be a long time before the industry sees a traditional refi boom.

Mortgage 482

Mortgage Buyers Inventory Technology 482

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 one considerable risk for housing in the years 2020-2024 is that if demand picks up as it has, inventory breaks down to unhealthy levels. The lowest rate we have seen so far is 62.9%. These were the reasons I gave back then: 1.

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. While a rate cut will give an immediate boost to purchasing power for potential homebuyers, the pent-up demand, limited available inventory, and high home prices mean that purchasing power increase may not mean much in practical terms.

Investors 436

Investors Mortgage Buyers Real Estate 436

Housing Wire

AUGUST 5, 2024

This is particularly relevant in today’s market, where low inventory requires home seekers to act quickly. When you take that mission statement and make it applicable to our direct sphere of influence, we are focused on ensuring that EVERY mortgage applicant has the opportunity to optimize their credit score by the year 2026.

Tools 459

Tools Mortgage Investing Insurance 459

Housing Wire

JUNE 7, 2023

Concurrently, the Colorado River is also in the midst of one of the worst droughts seen in over 1,200 years, and Arizona, California and Nevada agreed last week to collectively conserve 3 million acre-feet of river water through 2026. The story is much the same in the Phoenix metro, which saw active home inventory fall 9.8%

Real Estate 370

Real Estate Transportation Development Housing Market 370

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. A divergent home price story is currently being driven by regional differences in for-sale inventory.

Inventory 284

Inventory Construction Housing Market Mortgage 284

Appraisal Today

NOVEMBER 1, 2024

Highlights include: Industry Prep (ongoing) Industry training available on GSE websites: November 18, 2024 GSEs publish policy updates: June 4, 2025 ULDD Mandate: July 28, 2025 Limited Production: September 8, 2025 – January 25, 2026 Broad Production: January 26, 2026 – November 1, 2026 UAD 3.6 Mandate: November 2, 2026 UAD 2.6

Appraisal 96

Appraisal Training Contracts Mortgage 96

Empire Appraisal Group

OCTOBER 10, 2024

ResiClub analyzed September inventory data just released from Realtor.com. Generally speaking, local housing markets where active inventory has returned to pre-pandemic levels have experienced softer home price growth (or outright price declines) over the past 24 months.

Inventory 78

Inventory New Listings Housing Market HOA 78

Housing Wire

AUGUST 16, 2023

His prediction is that 2025 and 2026 “will be off the charts.” The ultra-low mortgage rates from 2020 to 2022 undoubtedly removed inventory from the board for probably the better part of the decade. Goldman Sachs economists predict that the cut will come by the end of June 2024.

Retail 370

Retail Real Estate Agent Business Mortgage 370

Lamacchia Realty

JANUARY 30, 2025

As Anthony shared 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. For a deeper dive into New Hampshires performance, click here to read the 2024 New Hampshire Year in Review.

Real Estate 37

Real Estate Sellers Realty Buyers 37

Appraisal Today

JANUARY 31, 2025

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 The rate lock-in effect is also expected to cool off in the new year, adding more inventory to the market. trillion in 2025 (previously $1.97 trillion) and $2.27 trillion in 2024.

Appraisal 75

Appraisal Contracts Real Estate Insurance 75

Lamacchia Realty

JANUARY 30, 2025

As Anthony noted 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. Many sellers hesitated to list due to low pre-pandemic mortgage rates, but necessity and life changes drove increased activity, making competitive pricing crucial.

Real Estate 65

Real Estate Sellers Realty Buyers 65

Lamacchia Realty

JANUARY 30, 2025

As Anthony noted 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. Many sellers hesitated to list due to low pre-pandemic mortgage rates, but necessity and life changes drove increased activity, making competitive pricing crucial.

Real Estate 64

Real Estate Sellers Realty Buyers 64

Lamacchia Realty

JANUARY 30, 2025

As Anthony shared 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. To learn more about Massachusettss performance, click here to read the2024 Massachusetts Year in Review.

Real Estate 63

Real Estate Sellers Realty Buyers 63

Lamacchia Realty

JANUARY 30, 2025

As Anthony noted 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. Many sellers hesitated to list due to low pre-pandemic mortgage rates, but necessity and life changes drove increased activity, making competitive pricing crucial.

Real Estate 62

Real Estate Sellers Realty Buyers 62

Lamacchia Realty

JANUARY 30, 2025

As Anthony noted 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. Many sellers hesitated to list due to low pre-pandemic mortgage rates, but necessity and life changes drove increased activity, making competitive pricing crucial.

Real Estate 57

Real Estate Sellers Realty Buyers 57

Lamacchia Realty

JANUARY 30, 2025

As Anthony noted 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. Many sellers hesitated to list due to low pre-pandemic mortgage rates, but necessity and life changes drove increased activity, making competitive pricing crucial.

Real Estate 57

Real Estate Sellers Realty Buyers 57

Lamacchia Realty

JANUARY 30, 2025

As Anthony mentioned 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. Even as costs climbed, homeownership remained exciting , offering financial security through stable payments, equity appreciation, and tax benefits.

Real Estate 56

Real Estate Sellers Realty Buyers 56

Lamacchia Realty

JANUARY 30, 2025

As Anthony noted 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. Many sellers hesitated to list due to low pre-pandemic mortgage rates, but necessity and life changes drove increased activity, making competitive pricing crucial.

Real Estate 55

Real Estate Sellers Realty Buyers 55