Sat.Mar 15, 2025 - Fri.Mar 21, 2025

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Homeowners Have Gained Nearly $300B in Home Equity

Appraisal Buzz

CoreLogic has issued its Homeowner Equity Report (HER) for Q4 of 2024 which found that nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. CoreLogics HER shows that U.S. homeowners with mortgages (which account for roughly 61% of all properties) saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, which is less than the gain of $6,000 in Q3 2023.

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Lower mortgage rates spark housing demand heading into spring

Housing Wire

Earlier this year, when mortgage rates soared to 7.26%, a cloud of worry hung over the housing market many feared that home sales would tumble in 2025, fueled by concerns about inflation and tariffs. But when it seemed doom and gloom would prevail, the 10-year yield dropped, pulling mortgage rates lower in a lovely slow dance. This unexpected turn of events breathed new life into the market, pushing purchase application data into positive territory for the year.

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Short sales are BACK (sort of)

Sacramento Appraisal Blog

Wait, are short sales back? Yes, they are. But let’s unpack what this means and sift through the hype. Also, I have some thoughts about comp selection and VA carnage. I’d love to hear your take in the comments. UPCOMING SPEAKING GIGS: 3/20/25 HomeSmart iCare Realty 4/2/25 SAFE Credit Union (RSVP here) 4/10/25 Yuba-Sutter Association […] The post Short sales are BACK (sort of) first appeared on Sacramento Appraisal Blog.

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‘They have just ruined my career’: Ousted Vegas Realtors CEO speaks

Inman

Former Las Vegas Realtors CEO Wendy DiVecchio claims her suspension and a subsequent probe into last year's Realtor elections lacked transparency. After she sued, she received a death threat.

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Make Smarter Decisions with AI-Powered Insights

Elevate your legal and business strategies with AI-powered analytics that unlock deep insights into judges, opposing counsel, clients, and competitors. Leverage this intelligence to predict case outcomes, anticipate opposing strategies and gain a competitive edge.

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Gross Profits on Home Flips on the Rise 

Appraisal Buzz

ATTOM has released its year-end 2024 U.S. Home Flipping Report , which finds that 297,885 single-family homes and condos in the U.S. were flipped in 2024down 7.7% from the 322,782 homes and condos flipped in 2023 and 32.4% from a recent peak of nearly 441,000 reached in 2022. The report further reveals that as the number of homes flipped by investors declined, so did flips as a portion of all home sales, from 8.1% in 2023 to 7.6% last year.

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Modeling the Time? Pt 17

George Dell

In this part, we look at modeling, the third acceptable method. What kind of a method is modeling? Thats pretty broad. Editors Note:Read the entire series (so far) here. A common definition of model is a small representation of something. More formally, its an abstract/logical depiction to improve understanding of prediction. The Fannie Mae GSE […] The post Modeling the Time?

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How to find the right real estate coach (and how to know it’s a fit)

Inman

By defining your goals and ensuring a good fit, coach Verl Workman writes, you can choose a coaching company that will guide you to success.

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Wealthy Renters More Common as Homebuying Costs Hinder Americans 

Appraisal Buzz

With all the revolving housing market trends going around, whats the new symbol of status? A lease. More affluent Americans are choosing to rent rather than buy a home, particularly in Sun Belt cities that saw a sharp rise in population during the pandemic. A new Redfin report showed that in recent years, wealthy renters have increased their share of the rental market in over three-quarters of the most populated U.S. metropolitan areas (35 out of 50), with Raleigh, NC, and Orlando, FL,leading th

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What’s keeping homebuilders from large-scale layoffs?

Housing Wire

Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. Both of these data lines are currently still at the levels we saw in the early part of the COVID-19 recession. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

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.

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U.S. Sawmill Production Capacity Constant in 2024

Eyes on Housing

Sawmill and wood preservation firms reported lower capacity utilization rates coupled with level production and capacity throughout 2024. Despite no growth in production in 2024, utilization rates have trended downwards since 2017 as sawmills have expanded production capability. Even with more production capability, real output has not followed as output remains lower than 2018.

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Lead flow equals success: These are the top strategies for 2025

Inman

Real estate doesn't lack lead gen options, Jimmy Burgess writes. It lacks execution. He provides a wealth of resources and the strategies you need to implement them.

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Homebuyers Reveal Generational Trends & Preferences

Appraisal Buzz

A new report released today from ServiceLink revealed that Gen Z remains eager and ready to buy a home this year. But high interest rates and home prices could deter them from crossing the finish line as their tolerance is waning. The annual survey analyzes generational trends among recent and prospective homebuyers, revealing their sentiment about the current housing market and their intentions to purchase, refinance or leverage home equity this year.

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Will home prices fall in 2025 with more inventory?

Housing Wire

Fluctuating interest rates have been a feature of the housing market over the last three years. As mortgage rates rose, homebuyer demand slowed and inventory grew. In 2025, mortgage rates have stayed stubbornly high for yet another spring buying season. Today, home sales still remain super slow. Our 2025 housing market predictions are based on the assumption that lower mortgage rates will spur demand and boost the number of homes sales transactions.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Existing Home Sales Increased in February

Eyes on Housing

Existing home sales in February increased to the second highest level since March 2024, according to the National Association of Realtors (NAR). This rebound suggests buyers are slowly entering the market as inventory improves and mortgage rates decline from recent high in January. Despite rates easing, economic uncertainty may continue to constrain buyer activity.

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Inman Connect San Diego: Real estate’s future takes the stage

Inman

Learn from real estates best and brightest in the business, all while growing your network and meeting like-minded passionate and driven professional peers.

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Black Homeownership Makes Gains, But Still Lags Behind Other Cohorts 

Appraisal Buzz

Although homeownership rates are rising for Americans of all races, specific challenges still exist for Black Americans. Experts in real estate are stepping in to assist purchasers in overcoming those hurdles. According to the National Association of Realtors (NAR) 2025 Snapshot of Race and Home Buying in America , the Black homeownership rate in the U.S.saw the largest year-over-year rise among racial groups in 2023, but it still lags well below the White homeownership rate.

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What went wrong at Redfin?

Housing Wire

Glenn Kelman seemed unusually down. The Redfin CEOs playful demeanor and quotable banter was notably absent on the companys fourth-quarter 2024 earnings call at the end of February. There could have been many innocuous reasons for sounding a bit deflated not enough sleep or a bad day at work. But in light of Redfins blockbuster sale to Rocket Mortgage that was announced less than two weeks later, hindsight dictates that Kelman may have known that the end of independence was coming for the compa

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New Alabama law: Buyers can tour homes without a contract

Real Estate News

Buyer agreements are a good thing, Alabama Realtors CEO says, but the law, inspired in part by the DOJ, gives consumers and agents more time to negotiate.

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Realogics Sotheby’s Realty partners with AI startup Realtie

Inman

As Washington cities undergo significant upzoning this year, timing of the firm's partnership with the AI platform that can predict what sellers might enter the market soon and identify areas ripe for redevelopment couldn't be better.

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Truework Introduces New, Fully Automated Verification Platform, Truework Intelligence 

Appraisal Buzz

Truework , a provider of income and employment verification technology, has introduced Truework Intelligence, the first fully automated and comprehensive verification platform for mortgage lenders and property managers. The Truework Intelligence platform covers the end-to-end verification experience by delivering automatic orchestration, data standardization and insightsreplacing homegrown vendor waterfalls and associated internal processes, eliminating guesswork and handing customers a plug-and

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Homebuilders face rising risk unless mortgage rates fall

Housing Wire

At the end of 2024, I wrote that the homebuilding sector could be a potential wildcard for 2025 and that was before the new tariffs on building materials and firing of federal workers. If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important? To avoid a job loss recession, closely monitoring the homebuilding industry is essential.

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FHFA head overhauls Fannie, Freddie boards, makes himself chair

Real Estate News

William Pulte ousts board members, adds new ones, including a DOGE-affiliated engineer. Plus, HUD floats affordable housing proposal, the CFPB clings to life.

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The least effective way to brand your real estate business

Inman

In todays world of AI search and brokerage M&A, trainer Bernice Ross writes, branding your business with your name or your brokerage isnt enough. Here's what to do instead.

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NAR: Existing-Home Sales Jumped 4.2 Percent in February 

Appraisal Buzz

Existing-home sales increased 4.2% in February compared with January to a seasonally adjusted annual rate of 4.26 million, according to the National Association of Realtors (NAR). Year-over-year, however, sales were down 1.2%. Regionally, and month-over-month, existing-home sales were down 2.0% in the Northeast, flat in the Midwest, up 4.4% in the South, and up 13.3% in the West.

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Disaster recovery for mortgage servicers: Navigating crisis with compliance & resilience

Housing Wire

Lessons from California wildfires and other natural disasters Californias wildfires highlighted the chaos that natural disasters continue to unleash not just on homeowners, but also on the mortgage servicers tasked with supporting them and the insurance industry that covers the cost of rebuilding. From wildfires to hurricanes, floods and earthquakes, each crisis tests a servicers ability to manage compliance, borrower support and investor expectations.

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DOJ calls out ‘misleading’ claims about its take on Clear Cooperation

Real Estate News

Despite what industry participants have said, the Department of Justice clarified that it has not taken a position on whether CCP is anticompetitive.

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CoStar advances talks to purchase REA Group competitor Domain

Inman

CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nines target price is AUD 2.79 billion.

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Commercial & Multifamily Mortgage Debt Climbed by Trillions in Q4

Appraisal Buzz

The most recent Commercial/Multifamily Mortgage Debt Outstanding quarterly report from the Mortgage Bankers Association (MBA) shows that the amount of outstanding commercial and multifamily mortgage debt at the end of 2024 was $172 billion (3.7%) more than at the end of 2023. According to MBAs study, the total amount of outstanding mortgage debt increased by 1.1% ($50.7 billion) to $4.79 trillion in Q4 of 2024.

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Fix-and-flip activity was down in 2024, but profit margins grew slightly

Housing Wire

The number of home flips across the U.S. fell in 2024, continuing a downward trend as real estate investors grapple with tight profit margins. According to Attom s 2024 U.S. Home Flipping Report, investors flipped 297,885 single-family homes and condominiums last year. That marked a 7.7% decline from 2023 and a 32.4% decline from the recent peak of nearly 441,000 flips in 2022.

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Selling patterns are shifting — but spring is still best

Real Estate News

Economic uncertainty could slow sales during the peak season, but listing in April or May remains a good bet. In some metros, selling season starts now.

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Billion-dollar mergers, upheaval and a real estate reckoning

Inman

Billion-dollar deals arent just making headlines; theyre reshaping the industry, consultant Chris Pollinger writes. The subsequent impact will be felt by every agent, brokerage and homebuyer in the game.