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Southern housingmarkets have dominated growth lists over the last few years, and a report by CoreLogic today shows Southern markets are still hot. The two non-southern housingmarkets in the top 10 were Boise City, Idaho at nine and Las Vegas at 10. The top three metros are Lakeland, Florida. in recent permits.
Homebuyers have become older and wealthier Young people are having a particularly hard time in the housingmarket. Adult children of renters who want their children to have a better chance at achieving the American dream must figure out how to break into the housingmarket without family help.
Despite 2025 housingmarket predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. See what she had to say below and register today for the Housing Economic Summit on Feb. HW: What housing trends do you think will continue in 2025 and why?
The third-quarter 2024 study from ATTOM examines eligible low-income Opportunity Zones that Congress designated for economic revitalization under the 2017 Tax Cuts and Jobs Act. In over half of the Opportunity Zones examined, median prices rose by more than 10 percent a year as the country’s protracted housingmarket bubble persisted.
Realtor.com has revealed its Top HousingMarkets for 2025 , highlighting the areas ready for growth in the year ahead. Sun Belt Boom Realtor.coms top 10 are all located in the South and West, with multiple markets from three statesTexas, Florida, and Virginia. Click here for more on Realtor.coms Top HousingMarkets for 2025.
We are definitely seeing signs of seasonality, but the market isn’t blazing hot either. Historically, the housingmarket really picks up in March, so let’s talk about that (and touch base on condos).
Zillow anticipates a more active housingmarket with more buyers obtaining the upper hand in 2025. More listing descriptions now use the word “cozy”—35% more in 2024 than in 2023—which reflects contemporary design trends that have moved away from expansive open floor plans and toward enclosed areas with distinct styles and functions.
A renewed interest in the senior housingmarket could also spur higher prices and waitlists, two things that lower-income older Americans can ill afford. A]bout 35% of seniors who could afford senior housing opt not to use it, the firms data suggests.
Climate change is having a pronounced impact on the housingmarket, particularly when it comes to the accelerating risks of extreme weather events in areas that were already vulnerable to impact. “The lenders […] are really in the best position to make sure there’s the right consideration of the long-term risk,” Gordon said. “A
The housingmarket is still elevated, but there’s no mistaking a different temperature – especially over the past week. STUFF ON MY MIND: This is designed to scroll quickly or digest slowly. An elevated market with a shift in […]. Do you feel that? It’s change.
Following two months of steady declines, Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housingmarket and consumer confidence to sell or buy a home, rose in January. The post Fannie Mae reports rising confidence in housingmarket appeared first on HousingWire.
Jaro stands tall as the only end-to-end appraisal platform on the market. Jaro’s products are designed to offer new and improved solutions to help lenders tackle modern-day appraisals with pinpoint accuracy designed to eliminate bias and urban pricing discrepancies as homebuyers migrate between the suburbs and major cities.
I’m talking about housingmarket crash headlines. The housing data has been wild this year. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housingmarket bears – leading to equally wild speculations about the future of U.S.
2021: 66,836 2022: 67,567 2023: 49,045 Compare our current new listing data to weekly new listing data in previous years when we had a more normal housingmarket: 2015: 94,470 2016: 86,608 2017: 78,886 The NAR data going back decades shows how difficult it’s been to get back to anything normal on the active listing side.
Potential Homebuyers & Sellers Remain Affected by Flood Insurance Property owners and purchasers are forced to rely on the private insurance market, which does not reliably offer flood protection, in the absence of the National Flood Insurance Program. Economic activity is also significantly influenced by the housingmarket.
This post is designed to skim by topic or digest slowly. UPCOMING SPEAKING GIGS: 5/15/24 KW Roseville Event (open to real estate pros) 6/5/24 Marketing Mastermind (register here) 6/6/24 Golden 1 Credit Union (details TBA) 6/11/24 Elk Grove […] The post Has the housingmarket peaked for the spring?
For the third consecutive month, Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ desire to sell or buy a home, gained 0.7 The post Buyers and sellers agree: it’s a good time to enter the housingmarket appeared first on HousingWire. points in October to 81.7.
People seeking more space to accommodate working from home led to a minor outflow of residents that put the housingmarket on pause. In Cook County, the property tax rate has increased substantially , a move by municipal officials designed to rightsize budgets that have gotten turned upside down.
Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housingmarket and consumer confidence to sell or buy a home, decreased by 2.7 Last year, the market experienced record-breaking volume. The machine that’s coming for the robots.
Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housingmarket. Acra’s jumbo prime mortgage solution is designed to provide borrowers with the larger loan amounts needed to purchase a high-value property, with loan amounts up to $3 million.
Unfortunately for home shoppers, affordability is still a big challenge in the current housingmarket, but for the Sandwich Generation, family support is providing a helping hand when it comes to finances,” said Laura Eddy, VP Research and Insight for Realtor.com. Click here to read the report in its entirety.
housingmarket was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025.
The housingmarket has been waking up in 2023, and we’re starting to see an uptick in lots of different stats. This post is designed to skim quickly or digest slowly. It’s a bump. Do you feel it? Let’s talk about it.
Understanding that real estate housingmarkets are hyperlocal, the RealTrends Verified City Rankings represent the newest evolution of RealTrends agent and team rankings.
However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housingmarket to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5
Fewer options have led more homeowners to the California FAIR Plan, which is designed to be a stopgap measure rather than a permanent solution. Allstate previously said it would reverse its decision if it was allowed to account for the costs of reinsurance when setting rates.
AI can create virtually staged images to match any trendy interior design style you can dream up for a small fraction of the price of traditional virtual staging. In our testing, Collovs image quality was on par with rivals like REimagineHome and Apply Design but was slightly less realistic than RoOomy. Sadly, there are caveats.
That can include being a housingmarket 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. Broker-in-charge or Principal broker : These roles most closely align with designated brokers.
As the housingmarket suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.
However, other email tools not specific to real estate agents (like Mailchimp and Flodesk) offer built-in templates that make delivering beautifully designed email newsletters a cinch. Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Need some great ideas?
The concept of the neighborhood center would be a new land-use designation that would bolster the zoning capacity of commercial centers, adding more residents to areas with existing businesses and amenities. He is also looking to create 30 neighborhood centers that could allow for the construction of five-story apartment complexes.
Government-sponsored enterprise (GSE) Freddie Mac on Wednesday announced further enhancements to its Condo Project Advisor tool that are designed to “streamline” such loan originations and to offer lenders “greater security” through a new designation, according to an announcement.
As the month of love commences and Valentine’s Day is just around the corner, the phrase “building a future together” has never been more relevant as a new dating app designated for homeowners is about to hit app stores.
While its no surprise that insurance costs are rising, were beginning to see emerging trends in terms of how homeowners are responding to the higher cost environment, said Andy Walden, Head of Mortgage and HousingMarket Research for Intercontinental Exchange.
A majority of agents believe 2025 is going to be a great year for the housingmarket. Around 85% have an optimistic outlook , and 70% believe the market will be more stable, according to a new survey from Clever Real Estate. Otherwise, dont allow yourself to answer non-emergency communication.
A private planning firm in California is launching a new tool to help local governments there prepare for a pending law designed to spur more construction of accessory dwelling units (ADUs). Last month, a Las Vegas-based housing technology startup received approval to sell factory-built ADUs in California.
A spokesperson for Fannie told WSJ its requirements are designed to help protect borrowers from physically unsafe or financially unstable projects,” and disagreed with the characterization of Fannies database of projects as a blacklist but rather an online tool.
Q: How are you preparing for potential economic downturns or fluctuations within the housingmarket? Q: How are you preparing for potential economic downturns or fluctuations within the housingmarket? Q: How are you preparing for potential economic downturns or fluctuations within the housingmarket?
The plan is designed to help agents close more business. Fathom is looking for ways to recruit and retain agents in a stagnant housingmarket where quality agents are in high demand. Fathom Realty rolled out two new agent commission plans in 2024, and the brokerage isnt done yet.
In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. In this climate of cautious optimism, industry veteran Paul Gigliotti is spearheading an innovative educational venture that’s tailored to the evolving needs of mortgage company executives and recruiters.
Chase Home Lending recently announced a limited-time, nationwide interest rate discount that is designed to help homeowners save on their monthly mortgage payments.The offer is in effect through March 7. through a cash-out refinance, Gidwaney told HousingWire.
To answer this question, Realtor.com created and launched a campaign designed to educate homebuyers and rally the industry behind this important and necessary cause. This includes videos, printable posters, and social media assets designed for agents/brokers to help inform and empower buyers.
Why Gridbase is a solution designed for the future? Integrating GridBase equips lenders with immediate advantages in an ever-changing market. However, integrating the network also prepares users for the future in several ways.
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