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Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Notably, purchase applications show growth both year-to-date and year-over-year. Additionally, our weekly pending contract data and new listings are trending positively compared to last year.
As more properties came ontothe market and overall inventory increased for the 17th consecutive month, the U.S. housing market showed signs of a sustained recovery this spring, according to Realtor.com s March Housing Trends Report. Nonetheless, increasing price reductions and declining pending house sales indicate that buyers are being cautious, most likely as a result of the uncertain economic climate and customers growing anxieties about their individual financial circumstances.
Redfin has conducted a survey of its agents across the industry to gauge key insights into the challenges and opportunities facing todays real estate professionals. In its 2025 Industry Survey , Redfin dug deeper into how real estate agents view their careers, the housing market, and other hot-button industry issues. The 2025 Industry Survey highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry
The gap between buyers and sellers has been growing, but are we about to have an Indiana Jones moment in the housing market? I think many people are wondering that, so let’s talk about it. UPCOMING SPEAKING GIGS: 4/4/25 Gateway Properties (private) 4/10/25 Yuba-Sutter Association (register here) 4/15/25 Culbertson and Gray (private I think) 4/18/25 […] The post Indiana Jones & the growing gap between buyers and sellers first appeared on Sacramento Appraisal Blog.
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group.
The Appraisal Institute is embroiled in yet another scandal, and this time it involves widespread fraud and cover-ups at the highest levels of the organization. Alissa Akins, a former director at AI, blew the whistle on a long-running scheme where the nonprofit knowingly misreported test scores to state regulators, potentially allowing unqualified appraisers to get licensed.
The Appraisal Institute is embroiled in yet another scandal, and this time it involves widespread fraud and cover-ups at the highest levels of the organization. Alissa Akins, a former director at AI, blew the whistle on a long-running scheme where the nonprofit knowingly misreported test scores to state regulators, potentially allowing unqualified appraisers to get licensed.
Mortgage rates have reached the lowest levels of the year today as the 10-year yield dropped significantly on tariff news. The stock market reacted negatively to the news regarding tariffs, resulting in significant selling and a shift towards the bond market. In this week’s Housing Market Tracker , I mentioned that the 10-year yield level was stubbornly resistant and that we needed bad news to break through it.
According to a ValuePenguin survey of nearly 2,000 U.S. consumers , two in three home insurance policyholders said their rates rose in 2024. The survey found that, in just a year, the rate of home insurance policyholders who worry their homes will become uninsurable nearly doubled, with 50% of policyholders fearing this will happen, up from 26% in 2024.
Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7 percent this year.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Private residential construction spending increased by 1.3% in February, rebounding from a 1.2% dip in January. The growth was largely driven by higher spending on single-family construction and residential improvements. On a year-over-year basis, the February report showed a 1.6% gain, indicating a modest growth in private residential construction spending during market uncertainties.
Two-thirds of U.S. homeowners saw their insurance rates increase in 2024, according to a recent survey by ValuePenguin. Amid escalating costs , many policyholders worry their homes could become uninsurable in the future, while some have already received nonrenewal notices from their insurers. The survey of nearly 2,000 consumers found that 67% experienced rate increases in 2024, down slightly from 72% in 2023.
The $3.95 million settlement aligns with NAR math, but unlike NARs agreement, allows the Massachusetts MLS to continue displaying offers of compensation.
Kenneth DeGiorgio now faces a criminal assault charge following an incident aboard the Virgin Voyages Resilient Lady cruise ship, according to an FBI criminal complaint.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Manufactured homes play a measurable role in the U.S. housing market by providing an affordable supply option for millions of households. According to the American Housing Survey (AHS), there are 7.2 million occupied manufactured homes in the U.S., representing 5.4% of total occupied housing and a source of affordable housing, in particular, for rural and.
Baby boomers have overtaken millennials as the largest share of homebuyers , making up 42% of all purchases in the past year, according to a report from the National Association of Realtors (NAR). Millennials, who previously led home-buying trends, now account for 29%, down from 38% the previous year. NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market.
According to the National Association of Realtors 2025 Home Buyers and Sellers Generational Trends report, baby boomers now comprise the largest generational group of home buyers in a shift that underscores the changing dynamics of todays housing market. The report examines the similarities and differences among recent homebuyers and sellers across generations, and found that the combined share of younger boomers (ages 6069) and older boomers (ages 7078) rose to 42% of all homebuyers in the past
The number of households that can only afford homes under $300K far exceeds the supply at that price point, while there is a glut of homes valued at $2M and up.
U.S. District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers.
News & Media yongyuan, E+, Getty Images Source: [link] The Rise of Multi-Generational Home Buying By Amethyst Marroquin Multi-generational living offers families financial and emotional support, stronger bonds and shared caregiving responsibilities, NAR research found. CHICAGO The concept of multi-generational housing homes that have adult siblings, adult children over the age of 18, parents and/or grandparents residing with the primary home buyer has been gaining traction over the past d
The Federal Housing Finance Agency (FHFA) continues to make leadership changes at the board and executive levels of Freddie Mac and Fannie Mae. Capital One multifamily finance executive Grace Huebscher, who served as Chair of the Risk Committee and a member of several other committees, resigned from Freddie Mac ‘s board on March 24, according to TipRanks.
One Real Mortgage , the mortgage broker arm of The Real Brokerage Inc., is setting a new standard for loan officer empowerment with the launch of an innovative recruiting and coaching compensation program, and an exclusive stock awards program. These industry-first initiatives aim to reward entrepreneurial excellence, offering LOs opportunities to build wealth while contributing to the companys continued growth.
With over $231 billion in sales volume last year, the firm which has been on an acquisitions spree ranked No. 1 in the Mega 1000 list of top brokerages.
Coach Verl Workman writes that setting healthy boundaries, including saying "no" when needed, provides a more balanced life and fulfilling career in real estate.
Paper is a compliance risk and a costly one According to the Association for Intelligent Information Management (AIIM), organizations lose an average of $120 for every misfiled document and spend $20 in labor costs just to file a single paper document. Once you multiply that across even a small-sized business, those costs will add up quickly. For finance teams that rely heavily on paper-based processes, these costs compound and increase the risk of non-compliance, data breaches, and audit failu
Mark Fleming, chief economist at First American , argues that failing to account for the growing number of U.S. households gives a misleading impression of housing market strength. If we look at existing-home sales as a percentage of the total number of households over time, we see that sales are down to the same levels as the early 1990s, just above 3%, and well below the long-run average of 4.1%, he said.
The U.S. Department of Veterans Affairs (VA) has announced that it will shut down a foreclosure prevention program designed to help veterans who have fallen behind on their mortgages to keep their homes. The Veterans Affairs Servicing Purchase (VASP) program, launched on May 31, 2024 , was designed to assist more than 40,000 veterans experiencing severe financial hardship in avoiding foreclosure and remaining in their homes.
When considering buying, selling, or refinancing property, one of the most critical steps in the process is getting an accurate valuation. Real estate appraisal services in Westchester County, NY , offer homeowners and buyers the information they need to make informed decisions. Whether you're purchasing your dream home or refinancing an investment property, real estate appraisal provides insights that can save you money and time. 5 Benefits of Choosing Real Estate Appraisal Services 1.
Liberation Day has finally arrived, and what a wild day its been! The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. But the real game changer? Those anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currently trading at 4.13%. Since we believe in the close relationship between the 10-year yield and mortgage rates , we expect mortgage rates to decrease tomorrow if bond yields continue to decline.
New Redfin data revealed that in February, the percentage of properties sold for more than their initial list price increased in about eight of the 50 most populated U.S. metro regions, half of which are in the Bay Area or New York. The famed city of San Francisco saw the largest increase among the top 50 metro areas, with an estimated 57.2% of sold properties selling for more than their original list price, up 7.5 percentage points from the previous year.
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