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The two big housing market trends to watch in 2025

Housing Wire

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. Well see another week of inventory contraction this week with New Years mid-week.

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CFPB contracting officer details ‘wholesale termination’ of key contracts

Housing Wire

A person who describes himself as a contracting officer with the Consumer Financial Protection Bureau (CFPB) filed an affidavit in the U.S. District Court for the District of Columbia , saying that widespread cuts to contracts amount to an event that is likely to disrupt the functioning of the bureau. Doe claims that on Feb.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. citizen or legal resident and be 18 years of age or older.

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HUD rescinds appraisal review policies

Housing Wire

Garber added that the most pressing concern for appraisers remains the resolution of fair housing claims by the U.S. Department of Housing and Urban Development (HUD). The claims) carry significant professional and legal consequences, he said.

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On Staying Current

Appraisal Buzz

Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. However, becoming a successful real estate appraiser requires more than mere market knowledge.

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Thinking of joining a real estate team? Here’s everything you should know

Housing Wire

They handle property searches, showings, and contract negotiations. They work to appropriately price listings, stage homes, and prepare properties to go to market. You may even want to run it by an attorney to ensure it is a fair and legal agreement. Sellers agents: Listing agents specialize in representing sellers.

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Q2 AgentPulse survey: Low inventory is greatest challenge

Housing Wire

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

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