Appraisal Buzz

DECEMBER 9, 2024

The latest Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.4 points in November to 75.0, continuing its sharp upward trend over the past year, as consumers appear to be acclimating to higher mortgage rates in todays home price environment. In November, a new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months, while fewer respondents said they expect home prices to rise.

Housing Market 418

Housing Market Mortgage Construction Marketing 418

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. Two and a half years. As we look into 2025, the question everyone is asking is: Do we have a new era starting? Does the housing market start to get back to normal? What can the data today tell us about signals for growth or weakness after the new year?

Housing Market 416

Housing Market Marketing Inventory Sellers 416

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. Below is a detailed explanation of each technique to ensure the adjustments are well-supported and align with market trends.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Housing Wire

DECEMBER 9, 2024

A survey of 1,000 Americans ages 65 and older found that nearly 90% want to age in place in their own homes. The survey also listed the best and worst cities for aging in place based on cost of living, availability of care and life expectancy. The survey , conducted by This Old House , asked respondents about their plans, priorities, and perspectives on aging in place.

Renovations 310

Renovations Marketing 310

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Construction

Appraisal Buzz

DECEMBER 9, 2024

Consumer confidence in the housing market improved significantly in November, rising to a score of 75.0 on the Fannie Mae Home Purchase Sentiment Index. In the monthly survey, the share of consumers say it is a good time to buy a home increased, relative to the previous months survey while the share say it is a bad time to buy a home decreased. In addition, a higher percentage of consumers say they expect home prices will decrease in the next 12 months.

Housing Market 369

Housing Market Marketing Mortgage Appraisal 369

Appraisal Buzz

DECEMBER 9, 2024

In a newly released report, according to a recent survey from Redfin , the Homebuyer Demand Index is close to its highest level seen since September 2023. A seasonally adjusted indicator of tours and other purchasing services from Redfin agents, the Homebuyer Demand Index, is up approximately 7% over the previous year. Applications for mortgage purchases are at their highest level since late January, rising 17% month-over-month.

Buyers 370

Buyers Marketing New Listings Agents 370

Housing Wire

DECEMBER 9, 2024

Residential sale-leaseback platform EasyKnock has abruptly shut down its operations after facing scrutiny from state regulators and being under fire from disgruntled consumers. After many years of serving consumers, EasyKnock has closed its doors, a message on the companys website states. We are deeply grateful for the trust placed in us to be part of the financial journey of so many.

Modernization 312

Modernization Investors Law Investing 312

Appraisal Buzz

DECEMBER 9, 2024

The U.S. rental market continued to evolve in October 2024, revealing notable shifts in renter preferences and competitive trends across major cities. According to a RentCafe Rental Activity Report , Washington, D.C., secured its position as the most desirable city for renters, followed by Minneapolis and Cleveland, reflecting unique dynamics in each metro area.

Marketing 397

Marketing Property Management Appraisal 397

Housing Wire

DECEMBER 9, 2024

The U.S. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation. The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic develo

Development 303

Development Design Renovations Law 303

Advertiser: Trellis

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.

Real Estate

Appraisal Buzz

DECEMBER 9, 2024

Based on the extensive mortgage, real estate, and public records data sets that the company possesses, Intercontinental Exchange, Inc. has published its December 2024 ICE Mortgage Monitor Report. In August and September of this year, the mortgage industry saw a welcome surge in refinance activity as 30-year conforming mortgage interest rates dropped into the low 6% level.

Lending 356

Lending Mortgage Real Estate Investors 356

Housing Wire

DECEMBER 9, 2024

In this weeks episode of the RealTrending podcast , host Tracey Velt sits down with Portside Real Estate Group CEO Dava Davin to discuss the importance of buyer consultations, brokerage leadership styles and ancillary solutions for brokerage growth in 2025. This interview has been edited for length and clarity. After a brief icebreaker segment, Velt and Davin dive into the latters background in athletics and how it informs her approach to business and leadership.

Brokerage 258

Brokerage Real Estate Buyers Business 258

Appraisal Buzz

DECEMBER 9, 2024

U.S. home equity continued to rise in the third quarter, increasing by $425 billion, or 2.5%, to a record $17.5 trillion, according to CoreLogics Homeowner Equity Report (HER). Driving the increase was rising home prices. However, there are certain markets in the U.S. where home price appreciation is slowing dramatically. As a result, the share of residential properties that fell into negative equity increased by 30,000 homes or 1.8%.

Insurance 195

Insurance Appraisal Marketing 195

Housing Wire

DECEMBER 9, 2024

The reverse mortgage division of Rate formerly known as Guaranteed Rate recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rates reverse lending division as the company heads into 2025. In a wide-ranging interview with HousingWire ‘s Reverse Mortgage Daily (RMD), Allen first explored the state of the business today and how Rate aims to make an impact going forward.

Mortgage 289

Mortgage Clients Lending Design 289

Appraisal Buzz

DECEMBER 9, 2024

Mortgage purchase applications increased 17% month-over-month in November to their highest level since late January, according to Redfin. In addition, U.S. home listings were up 3% year-over-year as of December 1, according to the technology-powered real estate brokerage. Whats more, pending home sales increased 6.5% year-over-year in November. Redfin attributes the surge in activity to two main factors: Many people were waiting for the election to pass before getting serious about buying a home

Contracts 195

Contracts Brokerage Real Estate Buyers 195

Housing Wire

DECEMBER 9, 2024

Although eXp Realty s tagline may be the most agent-centric brokerage on the planet, CEO Leo Pareja said the company will strive to keep the best interests of the consumer at the center of its decisions in 2025. According to Pareja, this is a way of thinking he really homed in on in 2024. The one thing that has kind of been driving my decision making this year is keeping the consumer at the center of that decision-making tree, Pareja said.

Law 258

Law Agents Buyers Realty 258

Appraisal Buzz

DECEMBER 9, 2024

Newfi Lending has launched a redesigned website that features a new calculator that aims to simplify the decision-making process for customers when researching their home equity options. The redesigned website offers a modern, mobile-friendly interface that makes browsing a seamless experience, the company says in a release. It includes enhanced product information, detailed explanations to frequently asked questions, and easy access to products and services.

Lending 195

Lending Modernization Design Investing 195

Housing Wire

DECEMBER 9, 2024

In this weeks episode of the RealTrending podcast , host Tracey Velt sits down with Portside Real Estate Group CEO Dava Davin to discuss the importance of buyer consultations, brokerage leadership styles and solutions for brokerage growth in 2025. This interview has been edited for length and clarity.After a brief icebreaker segment, Davin dives into the her background in athletics and how it informs her approach to business and leadership.

Brokerage 251

Brokerage Agents Real Estate Buyers 251

Inman

DECEMBER 9, 2024

While only 23 percent of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that's up from 14 percent a year ago, when mortgage rates were near post-pandemic peaks.

Mortgage 155

Mortgage Agents Marketing 155

Housing Wire

DECEMBER 9, 2024

Not only has Realty ONE Group successfully had its commission lawsuit settlement agreement approved, but the firm has also succeeded in being dismissed from the Masiello copycat commission lawsuit. On Thursday, Judge Douglas L. Rayes who is overseeing the suit in U.S. District Court in Phoenix, granted the joint motion to dismiss filed by plaintiff John Masiello and defendant Realty ONE Group Arizona.

Realty 291

Realty Realtors Real Estate Brokerage 291

Inman

DECEMBER 9, 2024

For broker-owners looking to expand their real estate business, the right partnership can be a game-changer.

Real Estate 152

Real Estate Business 152

Housing Wire

DECEMBER 9, 2024

A month and a half after the plaintiffs in the Gibson copycat commission lawsuit took issue with eXp World Holdings nationwide settlement agreement in the Hooper suit, eXp, along with other settling defendants and the lead plaintiff, have fired back in opposition. In responses filed on Thursday, Atlanta Communities Real Estate Brokerage , Higher Tech Realty , Weichert Realtors of North America , eXp, and the lead plaintiff 1925 Hooper LLC. , all shared their thoughts as to why their suit should

Brokerage 221

Brokerage Real Estate Realty Realtors 221

Inman

DECEMBER 9, 2024

Multifamily operators must know that trends are fickle and vogue fades, multifamily expert Michael Zaransky writes. Build a community around your amenities, not vice versa.

Development 149

Development Investing Real Estate Agents 149

Eyes on Housing

DECEMBER 9, 2024

Mortgage rates climbed in November, driven by market volatility and a surge in Treasury yields following the recent elections. On the day after the election results, the 10-year Treasury yield spiked by 14 basis points (bps), setting the stage for further rate increases throughout the month. According to Freddie Mac, the average rate for a.

Mortgage 121

Mortgage Marketing Finance 121

Inman

DECEMBER 9, 2024

Good technology helps agents save time. It helps agents stay organized. And it can help agents land deals with serious customers ones who may refer even more business their way.

Agents 147

Agents Technology Business 147

BiggerPockets

DECEMBER 9, 2024

If you want to buy a million-dollar home and have enough for a down payment, you can now ask Uncle Sam for the rest.

Real Estate 77

Real Estate 77

Inman

DECEMBER 9, 2024

With gift shopping in full swing, everyone has asked themselves the million-dollar question, "What would make the perfect present?" While perfection might be elusive, Inmans Holiday Gift Guide for 2024 aims to help you get as close as possible when selecting gifts for the hardworking agents in your life.

Realtors 134

Realtors Agents Real Estate Agent Tools 134

BiggerPockets

DECEMBER 9, 2024

The hospitality industry is evolving faster than ever, and the lines between hotels and short-term rentals (STRs) are fading.

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Inman

DECEMBER 9, 2024

Senior real estate specialist Nikki Buckelew writes that understanding cognitive impairment among seniors is about being more than just a real estate professional its about being a trusted guide during one of the most challenging transitions of someones life.

Real Estate Agent 123

Real Estate Agent Real Estate Agents Clients 123

BiggerPockets

DECEMBER 9, 2024

$50,000 cash flow from ONE rental!?

Marketing 69

Marketing Investors Housing Market Investing 69

Inman

DECEMBER 9, 2024

Rachael Hite shares strategies for combatting client misinformation while maintaining close connections and positive communication.

Clients 110

Clients Agents Marketing 110

Assurance Financial

DECEMBER 9, 2024

Merrell Johnson, a trusted Assurance Financial Loan Officer in Columbia, SC, recently appeared on Soda City Live to offer essential advice for first-time homebuyers in 2025. In his segment, Merrell shared five practical tips to help buyers confidently navigate the homebuying process: Check Your Credit Understand your score and its impact on loan options.

Loan Officers 69

Loan Officers Buyers Marketing 69

BiggerPockets

DECEMBER 9, 2024

Return to office mandates from the tech and finance industries are coming rapidly. But theyre not just going back to the downtown areas.

Housing Market 64

Housing Market Finance Marketing 64