Appraisal Buzz

DECEMBER 9, 2024

Despite high property prices and mortgage rates, there are a few reasons why homebuyers are emerging from the sidelines and easing their way into the market. The market is strong, with a lot of pent-up demand after a slow summer and early fall, said Mimi Trieu, a Redfin Premier agent in the Bay Area.

Buyers 364

Buyers Marketing New Listings Agents 364

Housing Wire

SEPTEMBER 5, 2024

The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets. mortgage market in 2023, up from 14.3% of the U.S. in 2022, according to HUD.

Buyers 474

Buyers Real Estate Agent Inspection Real Estate 474

Housing Wire

NOVEMBER 4, 2024

The arrangement known as cooperative compensation allows sellers to choose to offset the cost of buyers’ agents. By making an offer of compensation, sellers communicate to buyers, as a marketing tactic, that their transaction costs may be reduced. Advocates also argue that buyers will benefit from “reduced home prices.”

Buyers 321

Buyers Sellers Agents Real Estate 321

Housing Wire

AUGUST 22, 2024

In the complaint, Homie claims that it is bringing this legal action to “recover the damages…suffered as an excluded competitor foreclosed by the Defendants’ conduct from effective competition in the relevant market.” Buyers using Homie would receive some or all of any BAC offered by the seller,” the complaint states.

Realtors 482

Realtors Buyers Brokerage Real Estate 482

Housing Wire

SEPTEMBER 30, 2024

Buyers in August 2024 needed to earn $77,000 per year to afford a median-priced starter home of $250,000. Starter homes are defined as those priced in the fifth to 35th percentiles of their respective markets, and homes are deemed affordable if the mortgage payment consumes no more than 30% of the household income. more than they need.

Buyers 476

Buyers Real Estate Mortgage Brokerage 476

Housing Wire

OCTOBER 25, 2024

With NAR’s settlement requiring agents to have a signed buyer agency agreement with every buyer that spells out how much the agent will be paid in a transaction, many believed that buyers using a loan from the U.S. Department of Veterans Affairs (VA) would be disadvantaged.

Buyers 448

Buyers Real Estate Realtors Agents 448

Appraisal Buzz

NOVEMBER 26, 2024

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” As the market gradually recovers, 2025 should bring more sales and relatively moderate increases in property values. Zillow predicts 4.3

Housing Market 396

Housing Market Tenants Marketing Mortgage 396

Appraisal Buzz

DECEMBER 10, 2024

Realtor.com has revealed its Top Housing Markets for 2025 , highlighting the areas ready for growth in the year ahead. This years list highlights markets characterized by moderately affordable homes, strong inventorymainly boosted by new constructionand a sizable base of younger families, many with military and international connections.

Housing Market 415

Housing Market Marketing Inventory Government 415

Housing Wire

OCTOBER 29, 2024

Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers. Despite the initial concerns, many industry professionals say first-time buyers are currently faring no worse than other buyers — for now, at least.

Marketing 448

Marketing Real Estate Sellers Buyers 448

Housing Wire

DECEMBER 11, 2024

The stagnant 2024 housing market is one the real estate industry cant wait to get away from, but not so for the niche luxury market. The 2025 Red Paper from The Agency shows the luxury market making a sharp diversion from the broader existing home sales market, which could clock in near a historic low at fewer than 4 million sales.

Housing Market 370

Housing Market Marketing Buyers Real Estate 370

Housing Wire

SEPTEMBER 12, 2024

That’s according to a Zillow report released Thursday in which the Seattle -based real estate company said that “lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year.“ Buyers have more options to choose from for two reasons. Zillow noted that the U.S. 29 to Oct.

Housing Market 482

Housing Market Marketing Inventory Buyers 482

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. Buyers think it’s a buyer’s market. Sellers think it’s a seller’s market. 25 statewide in 2023 transaction volume.

Housing Market 472

Housing Market Marketing Sellers Buyers 472

Housing Wire

OCTOBER 24, 2024

The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform. While 45% said current market conditions were not impacting their desire to purchase distressed property, 34% said conditions were detrimental to their decisions.

Housing Market 482

Housing Market Marketing Retail Development 482

Appraisal Buzz

NOVEMBER 25, 2024

Zillow is predicting a more active housing market in 2025 , but those hoping to buy — or even refinance — should buckle up for a bumpy ride and be ready to move when conditions are right. More inventory should shake loose in 2025, giving buyers a bit more room to breathe. Many are also viewing renting as a longer-term lifestyle.

Housing Market 365

Housing Market Marketing Buyers Construction 365

Housing Wire

SEPTEMBER 9, 2024

The new rules mandated by the National Association of Realtors’ (NAR) antitrust settlement are designed to encourage more negotiations for buyer agent commissions. That’s according to Redfin , which interviewed dozens of its agents about what they’re seeing on the ground in regard to buyer commission conversations.

Agents 480

Agents Marketing Sellers Buyers 480

Housing Wire

SEPTEMBER 9, 2024

Miami stands as one of the most dynamic and valuable real estate markets in the United States. This places Miami among the top-tier real estate markets in the country, attracting both local and international buyers and driving intense competition among real estate agents. As of Sept.

Real Estate 463

Real Estate Agents Marketing Real Estate Agent 463

Housing Wire

OCTOBER 21, 2024

real estate market is marked by contradictions that are leaving many confused. It’s a complex landscape where the tension between renting and owning is more pronounced than ever, and regional differences in housing demand highlight the uneven nature of the market. As 2025 approaches, the U.S. But there’s more to the story.

Real Estate 493

Real Estate Marketing Insurance Property Taxes 493

Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? The number of unsold homes on the market is finally getting closer to 2019 levels. But, the market change isnt evenly distributed. Two and a half years.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. A substantial drop in new listings is a contributing factor.

Housing Market 370

Housing Market Marketing New Listings Sellers 370

Housing Wire

OCTOBER 7, 2024

Ironically, a strong employment situation in the country drives the bond market to higher rates. The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks. There were very few buyers in the fourth quarter 2023. more homes on the market than a year ago.

Housing Market 476

Housing Market Marketing Mortgage Contracts 476

Housing Wire

NOVEMBER 13, 2024

On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes. “We’re excited to introduce a new level of service for second-home buyers and their agents,” Karlinski, a Compass agent in Aspen, Colorado , said in a statement.

Agents 370

Agents Marketing Luxury Properties Real Estate 370

Housing Wire

DECEMBER 17, 2024

Homebuyers have become older and wealthier Young people are having a particularly hard time in the housing market. The median buyer is now 56 years old, up from 49 in 2023. Even though homebuyers are getting older and increasingly paying cash, those taking on new mortgage debt are younger buyers from racially diverse backgrounds.

Housing Market 339

Housing Market Marketing Buyers Real Estate 339

Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. Buyers] have been the ones to benefit from just the steadiness and lack of volatility.” I haven’t seen a shift [to a buyer’s market]. Most of the suburbs have been really hot.

Housing Market 458

Housing Market Marketing Property Taxes Inventory 458

Housing Wire

NOVEMBER 8, 2024

With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action.

Realtors 370

Realtors Marketing Loan Officers Sellers 370

Housing Wire

SEPTEMBER 2, 2024

Amplify buyer representation Buyer agents will be among the first to feel the impact of these changes. Strengthen your value proposition by offering detailed market analysis, expert negotiation, and comprehensive transaction guidance. A well-crafted buyer representation package can set you apart from competitors.

Real Estate 468

Real Estate Agents Marketing Real Estate Agent 468

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. This diversity allows for a comprehensive understanding of the market dynamics.

Real Estate 459

Real Estate Housing Market Real Estate Agent Marketing 459

Housing Wire

DECEMBER 6, 2024

job market performed better than expected in November, gaining 227,000 nonfarm payroll jobs from a month prior according to data released Friday by the U.S. There have been signs that the labor market was cooling some, which could give the Fed confidence to go ahead with another rate cut this month.

Marketing 418

Marketing Construction Retail Real Estate 418

Housing Wire

AUGUST 2, 2024

In addition to the slowing job growth, the cooling labor market conditions were also evident in a 0.2 While the cooling job market is important to the Fed, economists, say it is not the only factor the Fed is watching. month-over-month percentage point increase in the unemployment rate to 4.3% million unemployed people.

Marketing 493

Marketing Mortgage Construction Transportation 493

Housing Wire

DECEMBER 12, 2024

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. The after-repair value is the estimated full market value of a property in fully repaired condition.

Housing Market 362

Housing Market Retail Marketing Sellers 362

Housing Wire

DECEMBER 16, 2024

We are once again expecting mortgage rates to get better gradually, and opportunities for buyers should follow, but be prepared for plenty of bumps on that path,” Zillow chief economist Skylar Olsen said in a statement. As part of their newest outlook, Fannie Maes economists shared five predictions for the housing market in 2025.

Housing Market 357

Housing Market Marketing New Listings Home Value 357

Housing Wire

DECEMBER 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than at the end of 2023. A few states have more homes on the market now than any time in the last eight to 10 years.

Inventory 368

Inventory Housing Market Marketing Sellers 368

Appraisal Buzz

DECEMBER 9, 2024

To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. These methods provide a solid foundation for demonstrating how changing market conditions affect property values over time.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Mortgage rates continue to move higher and that’s impacting buyers. Frankly, it feels like the housing market is contracting a bit now in November.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

NOVEMBER 22, 2024

But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Gerli told HousingWire in an emailed response that normalizing market conditions would be indicated by a slow and gradual decline in rents.

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Housing Wire

SEPTEMBER 5, 2024

Digital marketing is a powerful tool, but with 61% of marketers identifying generating traffic and leads as their top challenge, and the industry headwinds we’re facing with high interest rates and inventory shortages, budgeting effectively for marketing across paid channels has never been more critical.

Marketing 466

Marketing Advertising Real Estate Tools 466

Housing Wire

OCTOBER 3, 2024

This week, Realtor.com named markets in Ohio , Michigan , Pennsylvania , New York and Connecticut among the top markets for real estate investment opportunities in 2024. The metrics used include affordability, vacancy rates, rent increases and buyer demand based on 12 months of listing information and other public data.

Investors 431

Investors Marketing Real Estate Tenants 431