Housing Wire
DECEMBER 23, 2024
New home sales grew over last month in the latest Census report , but homebuilders are now facing a supply issue their inventory is building up. This is the reason why housing starts are at recession levels today. Monthly new home sales have been stagnant for the past two years. When mortgage rates decline, sales improve, but it becomes more challenging for builders and buyers when rates rise.
Appraisal Buzz
DECEMBER 23, 2024
Freddie Mac s most recent survey of baby boomer housing opinions, preferences, and plans indicates that roughlythree quarters of homeowners born before 1964 are likely to pass a large portion of their $17 trillion in home equity to their offspring. The majority of boomers who own a home are certain they will enjoy a pleasant retirement, according to Freddie Macs recent, extensive study of respondents aged 60 and over.
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Real Estate News
DECEMBER 24, 2024
In an email to leaders, the association said PARs refusal to stop offering its MLS Choice option leaves NAR no choice but to defend its trademark and model.
Eyes on Housing
DECEMBER 26, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In February, Na Zhao shared the latest data on ages of homeowners as well as when their homes were built. The median age of owner-occupied homes is 40 years old, according to.
Speaker: Dylan Secrest
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Housing Wire
DECEMBER 21, 2024
Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Despite this, we had positive data on existing home sales , purchase applications, and our weekly pending contract figures. Total active listings are experiencing their traditional seasonal decline, but with less than two weeks left in the year, its evident that there are ready homebuyers in America.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 26, 2024
Buyers and sellers are gradually returning but inventory could take a hit if homeowners stay locked in to their lower rates, experts say.
Inman
DECEMBER 24, 2024
The new year will bring appeals, buyer commission cases, fights over current National Association of Realtor policies and possible Department of Justice intervention, experts told Inman.
Housing Wire
DECEMBER 27, 2024
Theres no one-size-fits-all solution when it comes to finding the right transaction management software for your real estate business. Whether youre running a large brokerage, managing a small team or working on your own, the right transaction management platform can take the worry out of compliance and lighten your workload. Your unique business needs will determine which transaction software is right for your business.
Appraisal Buzz
DECEMBER 26, 2024
The U.S. mortgage delinquency rate increased significantly in November, rising 8.38% compared with October, according to ICE Mortgage Technologys First Look report. As of the end of the month there were about 2.027 million residential properties in some stage of delinquency (30 days or more past due but not in foreclosure) an increase of about 159,000 compared with the previous month and up about 224,000 compared with a year earlier.
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Real Estate News
DECEMBER 24, 2024
When law professor Tanya Monestier started looking into buyer agreements, she never expected to become a leading voice in NARs biggest battle.
Inman
DECEMBER 27, 2024
The luxury residential market soared to new heights in 2024. Florida dominated the top sales of the year, bringing at least 15 residential transactions above $50 million, as the state simultaneously faced a tale of two markets.
Housing Wire
DECEMBER 27, 2024
If youre reading this article, youre not alone. Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Its a big decision to make whether youre just starting or want to take your career to the next level. Its important to understand how real estate teams work for you to decide whether its the right career move for you.
Appraisal Buzz
DECEMBER 23, 2024
In 2025, many U.S.homeowners may have to make the difficult decision to relocate or hunt for a new job as a new presidential administration will soon take office and more companies are reevaluating remote work regulations that allowed their workers to work from a distance. According to recent Bright MLS survey data, approximately 37% of people who work remotely at least occasionally would hunt for a new job if they were summoned back to the office full-time.
Real Estate News
DECEMBER 23, 2024
The National Association of Realtors says MLS Choice allows non-Realtors to join the Phoenix association. PAR says NAR threats will chill innovation.
Eyes on Housing
DECEMBER 27, 2024
With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year. In October, Jesse Wade shared the average real estate tax by state and also an effective rate controlling for home value. Nationally, across the 86 million owner-occupied homes in the U.S., the.
Housing Wire
DECEMBER 27, 2024
As you plan your 2025, its important to be intentional about including self-development activities. After all, our business will only grow as much as we do as business owners. With hundreds of books to choose from, it can be overwhelming to know which one will truly have a positive impact on your life and your business. To help, we reached out to real estate agents nationwide to compile our list of the best books for real estate agents.
Appraisal Buzz
DECEMBER 23, 2024
As a remote pilot serving the real estate industry, every operation brings unique challenges. No two flights are the same, which is why I rely on my experience, checklists, and safety protocols to navigate each mission successfully. It’s essential to remember that even a small drone is an aircraft, and as such, it operates within the national airspace, where safety must always be the priority.
Real Estate News
DECEMBER 26, 2024
Concerns about the policy arent new. But with NAR reeling and the DOJ looming, theyve taken on a new, more contentious tone.
Inman
DECEMBER 26, 2024
It's been a rough year for the real estate industry, but let's focus on the positive. Tell us about something big that happened for you in 2024.
Housing Wire
DECEMBER 27, 2024
A new report from Redfin revealed that active listings climbed 12% year over year (954,703 listings) during the four weeks ending December 22, though that was the smallest increase since March. Pending home sales sat at 58,267 for the four weeks, marking a year-over-year change of -3.4% the first drop in three months, per Redfin’s data. New listings were unchanged at 54,077.
Appraisal Buzz
DECEMBER 26, 2024
HOUSTON, TX (December 12, 2024) A national leader and key player in real estate appraisal, Accurity Consolidated is proud to deliver fast, high-quality appraisals with client care at the center of everything they do. What makes their client service stand out? Accurity forms business relationships built on top levels of communication redefining the levels of service that often fall short in the industry.
Real Estate News
DECEMBER 27, 2024
In a recent poll, 37% of remote workers said they would look for a new job if asked to come back to the office full time, citing the commute as a key factor.
Inman
DECEMBER 24, 2024
Phoenix Realtors rejected the National Association of Realtors' demand that the association withdraw its MLS Choice membership for non-Realtors. PAR said the MLS Choice is a "legally sound" choice for agents to access the MLS without becoming NAR members.
Housing Wire
DECEMBER 27, 2024
Reverse mortgage business and mortgage business generally is not where people want it to be. That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. With Home Equity Conversion Mortgage (HECM) volume declining on an annual basis, many industry participants cited at least one key factor that couldve driven the decline, but the view was not universal.
Appraisal Buzz
DECEMBER 23, 2024
About one in every 14 home sales, or 7.2% of home sales nationwide, were flips during the third quarter, according to ATTOM. Thats down from 7.6% of all sales during the second quarter, according to the firms U.S. Home Flipping Report. The report shows that 74,618 single-family homes and condominiums were flipped during the third quarter. However the average profit per flip dropped for the first time in over a year.
Real Estate News
DECEMBER 26, 2024
The tech-forward brokerage is doubling down on a simpler way for agents to access virtual worlds. Said Glenn Sanford: Im proud to have had eXp fund FrameVR.
Inman
DECEMBER 24, 2024
With the right mindset, clear goals and a commitment to excellence, CEO Craig Tann writes, you can turn any challenge into a success story.
Housing Wire
DECEMBER 23, 2024
Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. The efforts have not gone unnoticed as more forward mortgage companies particularly in an elevated rate environment have started to see value in the possible addition of reverse mortgages to their product suites.
Appraisal Buzz
DECEMBER 27, 2024
U.S. home prices decreased 0.1% in November compared with October, signaling that home price growth may have fully flattened since the first time since the pandemic, according to First Americans home price index. Year over year, home prices in November were up 3.9%. Home prices nationally are now 54.7% higher compared to pre-pandemic levels (February 2020), according to First Americans data.
Real Estate News
DECEMBER 27, 2024
Tessa Hultz uniquely qualified to guide SDARs change and growth; Sherry Chris departs adviser role at Anywhere; Constellation Software elevates president.
Inman
DECEMBER 24, 2024
Founder Brad Inman looks back at the scandals and struggles of 2024 and ahead to greater transparency and accountability in 2025.
Housing Wire
DECEMBER 23, 2024
RE/MAX frequently touts the experience and productivity of its agents, 135 of which made the 2024 RealTrends Verified + Tom Ferry The Thousand more than any other brokerage. In 2025, however, the real estate franchisor is looking to welcome in and foster the next generation of top agents. According to the National Association of Realtors (NAR) 2024 NAR Member Profile , the median age of a real estate agent is 55, which for RE/MAX President Amy Lessinger is a clear sign that it is time for new t
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