Housing Wire
DECEMBER 30, 2024
All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The elephant in the room is affordability. Home prices finished 2024 up a few percent nationally and mortgage rates are at their highest level in seven months back over 7% as we head into January.
Appraisal Buzz
DECEMBER 30, 2024
This article was reposted with permission from Ramsey Solutions. The article originally appeared on the Ramsey Solutions Articles page. See original article here. If youre thinking about buying or selling a house and wondering about the housing market, youre not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions!
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Housing Wire
DECEMBER 28, 2024
The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. Although those 2019 levels represent a five-decade low before COVID-19, the market was still functioning better than it did from 2020 to 2023. During the first few years of COVID-19 recovery, there was an unhealthy imbalance, with too many buyers competing for too few homes.
Real Estate News
JANUARY 1, 2025
Real estate visionary Stefan Swanepoel says the fragmented industry must pull together despite differences over issues like Clear Cooperation. Heres how.
Speaker: Timothy Allsopp
Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.
Eyes on Housing
DECEMBER 26, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In February, Na Zhao shared the latest data on ages of homeowners as well as when their homes were built. The median age of owner-occupied homes is 40 years old, according to.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
DECEMBER 26, 2024
HOUSTON, TX (December 12, 2024) A national leader and key player in real estate appraisal, Accurity Consolidated is proud to deliver fast, high-quality appraisals with client care at the center of everything they do. What makes their client service stand out? Accurity forms business relationships built on top levels of communication redefining the levels of service that often fall short in the industry.
Real Estate News
DECEMBER 26, 2024
Buyers and sellers are gradually returning but inventory could take a hit if homeowners stay locked in to their lower rates, experts say.
Eyes on Housing
DECEMBER 27, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In October, Jesse Wade shared the average real estate tax by state and also an effective rate controlling for home value. Nationally, across the 86 million owner-occupied homes in the U.S., the.
Inman
DECEMBER 27, 2024
The luxury residential market soared to new heights in 2024. Florida dominated the top sales of the year, bringing at least 15 residential transactions above $50 million, as the state simultaneously faced a tale of two markets.
Housing Wire
DECEMBER 27, 2024
As you plan your 2025, its important to be intentional about including self-development activities. After all, our business will only grow as much as we do as business owners. With hundreds of books to choose from, it can be overwhelming to know which one will truly have a positive impact on your life and your business. To help, we reached out to real estate agents nationwide to compile our list of the best books for real estate agents.
Appraisal Buzz
DECEMBER 26, 2024
The U.S. mortgage delinquency rate increased significantly in November, rising 8.38% compared with October, according to ICE Mortgage Technologys First Look report. As of the end of the month there were about 2.027 million residential properties in some stage of delinquency (30 days or more past due but not in foreclosure) an increase of about 159,000 compared with the previous month and up about 224,000 compared with a year earlier.
Real Estate News
DECEMBER 30, 2024
Its (still) all about home prices. Inventory is up, but much of it is stale, while flattening rents are keeping renters in their homes longer.
Eyes on Housing
DECEMBER 26, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In April, Natalia Siniavskaia shared wages by occupation in construction including the median salaries and top 25% salaries. Half of payroll workers in construction earn more than $58,500 and the top 25%.
Inman
DECEMBER 26, 2024
Ahead of his Connect NYC appearance, CEO Varun Krishna details the mortgage giant's ambitious goals to grow its purchase loan business in 2025 by building closer ties to real estate agents and mortgage brokers.
Housing Wire
DECEMBER 27, 2024
If youre reading this article, youre not alone. Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Its a big decision to make whether youre just starting or want to take your career to the next level. Its important to understand how real estate teams work for you to decide whether its the right career move for you.
Appraisal Buzz
DECEMBER 30, 2024
Rural Americans face unique challenges when it comes to homeownership, with limited access to small mortgages and financing options significantly impeding progress. A recent analysis by The Pew Charitable Trusts highlights three major obstacles that prevent rural homebuyers from obtaining mortgages at the same rates as their urban counterparts. 1. Low or Missing Credit Scores Many rural Americans have low or no credit scores, making lenders hesitant to extend them mortgages.
Real Estate News
DECEMBER 31, 2024
2024 was supposed to be the year that home sales bounced back, but rates, inflation (and buyers) had other plans.
Eyes on Housing
DECEMBER 30, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In May, Rose Quint shared key takeaways of NAHB’s study of home buyers. High mortgage rates and double-digit growth in home prices since COVID-19 have brought housing affordability to its lowest level.
Inman
DECEMBER 30, 2024
According to Inman's 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region.
Housing Wire
DECEMBER 30, 2024
In this weeks episode of the RealTrending podcast , host Tracey Velt sits down with Tiffani Marroquin, head of growth and innovation for JPAR Real Estate. They discuss the utility of artificial intelligence (AI) for the real estate industry, as well as JPARs solutions designed to enhance agent and brokerage performance. This conversation has been edited for length and clarity.
Appraisal Buzz
DECEMBER 30, 2024
Redfin reports that active listingsthe total number of homes for sale climbed to the highest level since 2020 in November on a seasonally adjusted basis, rising 0.5% month-over-month, and 12.1% year-over-year. Redfin reports a major reason for the jump in housing supply is a pileup of unsold homes, many of which buyers have deemed undesirable because they seem overpriced.
Real Estate News
DECEMBER 30, 2024
Lead generation can provide a quick boost, but harnessing demand will continue to pay dividends over time. Learn how they work together, and why you need both.
Eyes on Housing
DECEMBER 30, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In March, Jing Fu compared homeowners and renters’ major assets, debt and net worth, as well as differences between age groups. As examined in a previous post, homeownership plays an integral role.
Inman
DECEMBER 31, 2024
Here are 25 action steps to prepare you for the new year from trainer Rachael Hite. The key is figuring out what to pursue, purge and prohibit. This list will help.
Housing Wire
DECEMBER 27, 2024
Theres no one-size-fits-all solution when it comes to finding the right transaction management software for your real estate business. Whether youre running a large brokerage, managing a small team or working on your own, the right transaction management platform can take the worry out of compliance and lighten your workload. Your unique business needs will determine which transaction software is right for your business.
Appraisal Buzz
DECEMBER 30, 2024
The oldest of Generation Z turn 27 this year. With age comes responsibilityand the urge to nest. Nearly half of Gen Zs 68 million U.S. residents want to buy a home in the next five years per a Realtor.com survey , but what are the best cities for Gen Z homeowners? Currently, more than half of Gen Z live with their families, and 18% own a home or are married to someone who does.
Real Estate News
DECEMBER 26, 2024
Concerns about the policy arent new. But with NAR reeling and the DOJ looming, theyve taken on a new, more contentious tone.
Eyes on Housing
DECEMBER 31, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In September, Catherine Koh dived into data on the homeownership rate of various household types including married couples with children, married couples with no children, single parents, and others. The homeownership rate.
Inman
DECEMBER 28, 2024
With all the commission lawsuits, settlements and rule changes, there was no shortage of news this year. Here is the top-read news of 2024.
Housing Wire
DECEMBER 27, 2024
A new report from Redfin revealed that active listings climbed 12% year over year (954,703 listings) during the four weeks ending December 22, though that was the smallest increase since March. Pending home sales sat at 58,267 for the four weeks, marking a year-over-year change of -3.4% the first drop in three months, per Redfin’s data. New listings were unchanged at 54,077.
Appraisal Buzz
DECEMBER 30, 2024
The U.S. Department of Housing and Urban Development (HUD) has announced the completion of a transformative project to update webpages for all 50 states, territories, and the District of Columbia on HUD.gov. These updated pages feature a streamlined design and trauma-informed elements, making it easier for communities nationwide to access vital resources, including affordable housing services, homeownership support, housing counseling, disaster recovery assistance, and more.
Real Estate News
DECEMBER 28, 2024
$1 billion New Jersey team joins eXp; Oklahoma's Sage Sotheby's Realty acquires Element Sotheby's in Kansas City; CB Warburg adds Brooklyn office, 6 agents.
Eyes on Housing
JANUARY 2, 2025
Private residential construction spending edged up by 0.1% in November 2024, according to the latest U.S. Census Construction Spending data. Year-over-year, the November report showed a 3.1% increase. The monthly increase in total private construction spending was primarily driven by higher spending on single-family construction and residential improvements.
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