Appraisal Buzz
FEBRUARY 5, 2025
According to a recent UCLA Anderson Forecast analysis, the two biggest disasters that devastated Los Angeles County may have resulted in between $95 and $164 billion in total property and capital losses, with an estimated $75 billion in insured losses. Economists Zhiyun Li and William Yu wrote the research, which projects a 0.48% decline in county-level GDP in 2025, or around $4.6 billion.
Housing Wire
FEBRUARY 5, 2025
Today, the Census Bureau reported the homeownership rate at 65.7%. Are we becoming a renter nation like many people are saying? Lets look at the data. Household formation Let’s first talk about household formation. I have a simple model (even more appropriate before Valentines Day). My American housing demographic model shows that Americans: Rent Date Mate Get married 3.5 years after marriage, we have kids and dual-income households buy bigger homes to live in.
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Inman
FEBRUARY 4, 2025
Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing but also considering climate risks before purchases.
George Dell
FEBRUARY 3, 2025
We now consider the second time adjustments method noted in the FHFA paper (24-07). It, too, is noted as being commonly used in appraisals. The first method we reviewed was paired sales. Now we look at the second method, called grouped data. This related technique, grouped data analysis, involves grouping data by an independent variable […] The post Adjust for Time?
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Appraisal Buzz
FEBRUARY 6, 2025
According to the most recent quarterly report from the National Association of Realtors (NAR), home prices increased in nearly 90% of metro markets (201 out of 226, or 89%) in Q4 of 2024, while the 30-year fixed mortgage rate varied between 6.12% and 6.85%. Compared to 7% in Q3, some14% of the 226 metro regions under observation had double-digit price increases within the same time frame.
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Inman
FEBRUARY 6, 2025
Even with an uptick in new listings, homebuyers aren't rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin's latest data analysis. Over the four weeks ending Feb. 2, new listings across the U.S. have jumped 7.9 percent from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis.
Real Estate News
FEBRUARY 7, 2025
Defining days on market is not as simple as it may seem, and leaders have different views on how DOM ties into transparency, consumer interests or even fraud.
Appraisal Buzz
FEBRUARY 3, 2025
The number of office-to-apartment (O-to-A) conversions is on the rise, and by 2025, there will be about 71,000 units planned, breaking new records. This increase coincides with fierce competition among tenants and a widespread lack of rental flats. A new RentCafe report revealed the share of future projects, anticipated growth, and which metros are set to lead in O-to-A conversions.
Housing Wire
FEBRUARY 5, 2025
Recent natural disasters such as the LA wildfires show that climate change risks can shift the real estate and mortgage industries on a dime. And these changes could be extremely costly. According to a new study, climate-induced shifts could significantly lower property values over time. But this could have a double-edged effect, depending on the market.
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Inman
FEBRUARY 7, 2025
Yee obtained her first brokerage affiliation with SERHANT. last year, but the radio personality has long been an investor and advocate for building generational wealth through real estate.
Eyes on Housing
FEBRUARY 3, 2025
Private residential construction spending increased by 1.5% in December 2024, according to the latest U.S. Census Construction Spending data. It was the third consecutive monthly increase since September 2024. On a year-over-year basis, the December report showed a 6% increase. The monthly increase in total private construction spending was primarily driven by higher spending on.
Appraisal Buzz
FEBRUARY 7, 2025
Despite consumers growing concerns about affordability, overall housing sentiment is slightly higher. This is according to a recent Fannie Mae report. Following a modest decline last month for the first time since July, the Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index (HPSI) rose 0.3 points in January to 73.4. The increase was driven by improvements in consumer optimism over the state of the house-buying and home-selling markets, as well as even higher predictions that home values will
Housing Wire
FEBRUARY 7, 2025
The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. For those seeking lower mortgage rates, it’s more essential to see the labor market breaking than to just see improvements in inflation.
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Inman
FEBRUARY 6, 2025
Home prices have continued their upward trend in Q4 2024, with 89 percent of U.S. metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR.
Eyes on Housing
FEBRUARY 5, 2025
The Market Composite Index, a measure of mortgage loan application volume from the Mortgage Bankers Association’s (MBA) weekly survey, increased by 3.1% month-over-month on a seasonally adjusted (SA) basis, primarily driven by purchasing activity. Compared to January last year, the index is higher by 3.4%. The Market Composite Index which includes the Purchase and Refinance.
Appraisal Buzz
FEBRUARY 4, 2025
In this industry, some specific housing market terms bring about more worry to American consumers than others. For instance: WIRE FRAUD. While the term may sound scaryand is most definitely illegala new survey from CertifID showed how many first-time homeowners are at-risk or more likely to be victims of real estate wire fraud. The third annual State of Wire Fraud study was released by CertifID today, revealing information and data about the potential risks to American consumers during real esta
Housing Wire
FEBRUARY 5, 2025
Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record. California-based Auction.com published its 2025 Distressed Market Outlook report on Tuesday, which included three scenarios for this years expected tally of auction sales.
Inman
FEBRUARY 6, 2025
From underqualified agents to mindless recruiting practices, team leader Carl Medford outlines the things that need to change in order to elevate the industry.
Real Estate News
FEBRUARY 3, 2025
U.S. Department of Treasury Secretary Scott Bessent puts the brakes on rule-making and enforcement as the Consumer Financial Protection Bureau faces defunding.
Appraisal Buzz
FEBRUARY 4, 2025
RentCafe.com has reviewed the online engagement rates for the most dynamic cities of 2024, to see which urban areas were set to become hotspots for new residents and thriving businesses. After analyzing the most popular rental markets each month during the past year , theyve released a comprehensive view of the last 12 months and a sense of what lies ahead.
Housing Wire
FEBRUARY 3, 2025
Officials with the Housing Authority of the City of Milwaukee (HACM) are reportedly moving to aggressively cut costs, following a leadership change and audit of its financial situation. The agencys new chief financial officer reportedly identified as much as $2.8 million in misappropriated federal funds that he said were used inappropriately by his predecessors.
Inman
FEBRUARY 4, 2025
Nominations are now open in four awards categories for 2025, including a slate of new honors meant to spotlight achievements in artificial intelligence and recognize real estate's emerging leaders.
Real Estate News
FEBRUARY 5, 2025
Two recent studies found that real estate agent commission rates fell after industry practice changes took effect, but they have largely recovered.
Appraisal Buzz
FEBRUARY 6, 2025
Freddie Mac has announced the nine winners of its 2024 Servicer Honors and Rewards Program (SHARP) , which recognizes mortgage loan servicers for quality servicing, risk management, and sustainable homeownership resulting in superior portfolio performance. The winners represent outstanding customer service and positive efforts to prevent and alleviate loan delinquencies.
Housing Wire
FEBRUARY 5, 2025
Mortgage applications increased 2.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Association s (MBA) weekly mortgage applications survey for the week ending January 31, 2025. On an unadjusted basis, the index measuring applications increased 19% compared with the previous week. The refinance index increased 12% from the previous week and was 17% higher compared to the same week one year ago.
Inman
FEBRUARY 4, 2025
In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here's what that potentially means for the recent slate of rules and lawsuits targeting the mortgage industry.
Real Estate News
FEBRUARY 4, 2025
The 25% tariffs were expected to increase the cost of home construction materials. Set to take effect on Feb. 4, they have now been paused for 30 days.
Appraisal Buzz
FEBRUARY 3, 2025
I vividly recall April 12, 1981, as if it were yesterday. As a junior in college, I found myself huddled around a small TV with friends, eagerly watching Columbias inaugural flight of the space shuttle program. It was an awe-inspiring display of forward-thinking technologya reusable spacecraft, the next generation of space exploration. Initially, NASA had envisioned the space shuttle program to have a 15-year operational lifespan.
Housing Wire
FEBRUARY 6, 2025
Nearly 90% of U.S. metropolitan areas analyzed experienced annualized home-price gains in the fourth quarter of 2024, according to data published Thursday by the National Association of Realtors (NAR). NAR found that 201 of 226 metro areas (89%) saw sale prices for single-family homes rise on a yearly basis in Q4 2024, up from 87% in the prior quarter.
Inman
FEBRUARY 6, 2025
Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add "hundreds more.
Real Estate News
FEBRUARY 1, 2025
The brokerages leaders are betting on a future where Clear Cooperation is repealed, aligning tech and marketing strategies around exclusive listings.
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