Appraisal Buzz

OCTOBER 30, 2024

increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, The amount of contract activity in 2001 is represented by an index of 100. Year-over-year, contract signings grew in the Northeast and West and were unchanged in the Midwest and South. September saw a 7.4%

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

DECEMBER 27, 2024

per month per user Contract required: Month-to-month Integrations: Popular CRM platforms, lead generation platforms, accounting software Dotloop is perfect for bringing agents, clients, and support teams together on every transaction. Best for team collaboration: Dotloop Pricing: Starting at $31.99

Real Estate 397

Real Estate Brokerage Contracts Tools 397

Housing Wire

OCTOBER 15, 2024

District Court in San Francisco, Side alleges that Tal and Oren Alexander, as well as Official Partners, have breached contracts held with Side. In a suit filed Friday in U.S. The complaint states that in mid-April, Side and Official Partners executed an amended and restated secured promissory note.

Contracts 434

Contracts Brokerage Real Estate Legal 434

Housing Wire

JANUARY 20, 2025

New contracts for home purchases are coming in very low this month. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. When will that be? I have no idea.

Mortgage 397

Mortgage Inventory New Listings Contracts 397

Housing Wire

MARCH 19, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances increased to 6.78% from last week’s 6.68%. The USDA share of total applications remained unchanged at last week’s 0.4%. Mortgage rates saw increases across the board.

Mortgage 410

Mortgage Contracts Inventory Marketing 410

Housing Wire

APRIL 5, 2025

Additionally, our weekly pending contract data and new listings are trending positively compared to last year. Weekly total pending sales The latest weekly total pending contract data from Altos offers valuable insights into current trends in housing demand.

Mortgage 533

Mortgage New Listings Inventory Housing Market 533

Housing Wire

FEBRUARY 3, 2025

The checklist covers such broad areas and topics as: organizational structure; litigation; compliance ; intellectual property; real property; financial and tax; labor and employment; material, vendor, and software contracts; insurance; and customers. It is often easy enough to do an initial online search to look for red flags.

Mortgage 418

Mortgage Contracts Insurance Sellers 418

Housing Wire

DECEMBER 18, 2024

Originally filed in October by Maurice Muhammad, a broker at Progressive Realty , the suit claims that NAR, along with other Realtor associations and executives, have violated federal civil rights statutes, engaged in unlawfuldiscriminatorypractices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

Realtors 397

Realtors Contracts Law Realty 397

Housing Wire

APRIL 2, 2025

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances saw a modest decrease to 6.70% from 6.71%. The average contract interest rate for 5/1 ARMs increased to 6.04% from 5.89%. The VA share of total applications decreased slightly to 14.4% from 14.5% the week prior. the week prior.

Contracts 411

Contracts Mortgage Government Inventory 411

Housing Wire

OCTOBER 28, 2024

The median price of the homes that went into contract this week — these are the new purchase offers with contracts pending — is now 6% greater than last year. These are the homes that got listed for sale and took offers and went into contract within just a few days of listing. Home prices ticked up this week.

Inventory 476

Inventory New Listings Sellers Contracts 476

Housing Wire

MARCH 15, 2025

Weekly pending sales The latest weekly pending contract data from Altos offers valuable insights into current trends in housing demand. However, our shorter weekly contract data lines are showing improvement. And remember, mortgage rates fell to around 6% in late 2022 and early 2023.

Mortgage 537

Mortgage New Listings Inventory Housing Market 537

Appraisal Buzz

NOVEMBER 27, 2024

NAR’s Pending Home Sales Index (PHSI)–a forward-looking indicator of home sales based on contract signings–rose 2% to 77.4 An index of 100 is equal to the level of contract activity in 2001. It’s encouraging to see contract signings increasing in all major regions of the country,” said Yun. in October. in October, up 2.5%

Contracts 418

Contracts Inventory Mortgage Buyers 418

Housing Wire

FEBRUARY 24, 2025

There are fewer immediate sales that go directly into contract. This week the median price of the new contracts came in at $385,000. We measured $385,000 as the median price for this weeks home sales contracts. We counted 57,000 new contracts pending for single family homes plus another 12,000 condo sales.

Inventory 495

Inventory New Listings Sellers Contracts 495

Housing Wire

FEBRUARY 5, 2025

Average contract interest rates for 30-year fixed-rate mortgages with conforming loan balances decreased to 6.97% from 7.02% and jumbo loans for 30-year fixed-rate mortgages also saw a small decrease to 7.01% from 7.02%. Like ARM activity, the USDA share of total applications remained unchanged at 0.5% from the week prior.

Contracts 361

Contracts Mortgage Government Marketing 361

Appraisal Buzz

APRIL 3, 2025

decline in pending house sales, or homes under contract, as buyers were burdened by high mortgage rates and financial uncertainties. more unsold properties overall, including those under contract. Summary Major metro regions saw a 5.2% For the seventeenth consecutive month, the number of available homes increased by 28.5%

Inventory 335

Inventory Buyers Contracts Sellers 335

Housing Wire

DECEMBER 18, 2024

MBA data also showed that average contract interest rates across loan types increased during the week. Contract interest rates for 15-year fixed-rate loans increased by 3 bps to 6.15%, following a period of stagnation a week earlier. Rates for 30-year jumbo loans (balances above $766,550) grew by 7 bps to 6.86%.

Mortgage 395

Mortgage Contracts Government Inventory 395

Housing Wire

APRIL 10, 2025

Florida-based Keller Williams franchisees are alleging that prominent eXp Realty team leader Veronica Figueroa and Joseph Firmin have breached a contract and misappropriated trade secrets in their recruiting efforts. In the complaint, the franchisees accuse him of breach of contract and misappropriation of trade secrets.

Realty 365

Realty Agents Contracts Government 365

Housing Wire

NOVEMBER 18, 2024

When we add back in another 7,500 new listings with immediate sales — those are already in contract and not added to the active inventory — overall that’s just 3% more sellers than a year ago. 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

DECEMBER 5, 2024

Coffee & Contracts: @coffeecontracts Content style: Creative marketing resources for real estate agents Coffee & Contracts is like discovering a secret weapon for your real estate business. If you want content that is sure to wow your followers and attract new leads, Coffee & Contracts has everything you need to get there.

Real Estate 397

Real Estate Agents Real Estate Agent Luxury Properties 397

Housing Wire

JANUARY 15, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances and 30-year fixed-rate mortgages backed by the FHA both saw increases for jumbo loans it was an increase to 7.05% from 6.99%, and for FHA loans the interest rate reached 6.76% from 6.65%. The V A share shrunk to 15.7% from 16.2%

Mortgage 370

Mortgage Contracts Marketing 370

Housing Wire

JANUARY 13, 2025

Pending home sales drop There were just under 41,000 newly pending contracts for single-family homes this week. There are just 252,000 single-family total homes in the contract pending stage. Home prices a smidge lower The median price of the homes that started contract for sale this week is just under $375,000.

Sellers 418

Sellers Inventory New Listings Contracts 418

Housing Wire

MARCH 4, 2025

The takeaway from the pending sales numbers is that it takes roughly 35 days on average for sales to close, so homes in contract now will generally close in March, Simonsen wrote. We know there are fewer homes in contract than last year at the end of February so we have visibility that home sales for Q1 2025 will come in below Q1 2024.

Mortgage 484

Mortgage Contracts Buyers Housing Market 484

Housing Wire

FEBRUARY 12, 2025

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) saw marginal movement to 6.95% from 6.97%. The USDA share of total applications remained unchanged at 0.5% for the third week in a row.

Mortgage 300

Mortgage Contracts Marketing 300

Appraisal Buzz

MARCH 14, 2025

home that went under contract in February was on the market for 54 daysthe longest period for any February since 2020, and up six days from a year earlier. In Miami, the typical home that went under contract last month sat on the market for 94 daysmore than any other major metro. Pace of Sales Hits Five-Year Low The typical U.S.

Contracts 393

Contracts HOA New Listings Real Estate Agent 393

Housing Wire

NOVEMBER 23, 2024

Weekly pending sales The Altos Research weekly pending contract data provides insights into real-time demand. Even today, the pending contract data remains resilient despite higher home prices and mortgage rates than last year. Last week saw 2% week-to-week growth but was down 1% year over year.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Appraisal Buzz

JANUARY 17, 2025

of homes that went under contract that month. Homes Sold at the Slowest December Pace in Five Years The study also found that the typical home that went under contract in December was on the market for 49 daysthe slowest December pace since 2019. of homes went under contract within two weeksthe lowest share in five years.

Contracts 397

Contracts New Listings Real Estate Agent Mortgage 397

Housing Wire

FEBRUARY 11, 2025

But the proceeding revealed that the bill could be amended to better reflect a more narrow target than the reverse mortgage industry, namely the home equity contract or home equity investment (HEI) industry. Senate Bill (SB) 534 is positioned primarily as a consumer protection measure. The lawmaker who introduced the bill, Sen.

Business 335

Business Mortgage Contracts Investing 335

Housing Wire

JANUARY 6, 2025

These are new listings that take offers within a couple days of listing and go into contract immediately. There are 260,000 single-family homes in contract right now. The median price of the homes going into contract now is just under $377,000. And, those that are immediate sales. Lets look at the demand slide. Thats only 2.3%

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

NOVEMBER 4, 2024

This week, we count 14% more homes in the contract pending stage now than a year ago. We counted 63,000 new contracts started for single-family homes this week. There are now 354,000 single-family homes in the contract pending stage. Home sales are significantly better than they were last year at this time.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

FEBRUARY 3, 2025

Home prices contract The median price for home sales contracts entered this week was at $389,700. When we include the new listings already in contract to be sold, it totals almost 4% more sellers than a year ago. This week bucked the trend with a little positive move to 56,000 new contracts started. is basically zero.

Sellers 413

Sellers Inventory New Listings Contracts 413

Housing Wire

FEBRUARY 8, 2025

Weekly pending sales The latest weekly pending contract data from Altos Research offers valuable insights into current trends in housing demand. We will keep a close eye on the data in February and we will be discussing this and other housing economic topics at our big Housing Economic Summit Feb. 26 in Dallas. Weekly inventory change (Jan.

Mortgage 492

Mortgage Inventory New Listings Contracts 492

Housing Wire

MARCH 5, 2025

The average interest rate for a 30-year fixed-rate mortgage shrunk down to 6.73%, while the average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances also saw a decrease to 6.83% from 7.00% Both 15-year fixed-rate mortgages and 5/1 ARMs saw rate decreases to 6.12% from 6.25% and 5.85% from 6.05%, respectively.

Mortgage 505

Mortgage Government Contracts Buyers 505

Housing Wire

MARCH 21, 2025

Total sales contracts pending are currently down 3.5% Those include California (49.5%), Maine (43%), Arizona (42.6%), and Tennessee (38.7%). Despite the rise in inventory, home sales have not yet shown meaningful increases. compared to 2024, and for most of the year theyve lagged behind last years pace.

Inventory 411

Inventory Contracts Housing Market Marketing 411

Housing Wire

FEBRUARY 7, 2025

According to the state Legislature, it has taken testimony from NRMLA, as well as a private citizen in the state who believes the measure can provide protection for seniors against home equity contracts. By 2024, her home was valued at $425,000. This was among the final guidance the bureau issued under former director Rohit Chopra.

Business 349

Business Mortgage Contracts Law 349

Housing Wire

OCTOBER 30, 2024

These actions include a Wells Fargo suit filed in Minnesota, where the bank sought more than $430,000 over an alleged breach of contract. But LoanSnap has been the target of several lawsuits in the past year. million.

Landlords 448

Landlords Loan Officers Lending Contracts 448

Housing Wire

JANUARY 29, 2025

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances remained unchanged from last week’s 7.02%. The FHA share of total applications increased to 16.7% from 16.5% the week prior. The VA share of total applications decreased to 13.2% from 14.6% the week prior.

Mortgage 332

Mortgage Contracts Government Inventory 332

Housing Wire

FEBRUARY 26, 2025

Reduce tech obsolescence and contract cancellation risk Telecommunications technology constantly evolves with carriers updating their equipment to improve cell service quality, connection speed, and energy efficiency.

Real Estate 358

Real Estate Landlords Contracts Technology 358