Housing Wire
DECEMBER 17, 2024
The American dream is synonymous with two ideas. One is the idea that anyone in this country can find a path to economic success regardless of their circumstances at birth. The second idea is the symbolic encapsulation of the first idea: homeownership. Owning a home is the signifier of economic success, but over the last few years, that milestone has gotten farther out of reach for first-time homebuyers.
Appraisal Buzz
DECEMBER 19, 2024
The National Association of Realtors reports that existing-home sales increased in November. Three major U.S. regions saw growth in sales, but the West saw no change. All four regions saw an increase in sales year over year. The seasonally adjusted annual rate of existing-home sales, which includes completed transactions of single-family homes, townhomes, condominiums, and cooperatives, increased 4.8% from October to 4.15 million in November.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Sacramento Appraisal Blog
DECEMBER 16, 2024
What’s January going to be like in 2025? What can we expect ahead for the housing market? Today, I have three quick points, and while these visuals are specific to my area, some of the language use can be used in many different markets. This is my last blog post of 2024. Thanks for being […] The post Three things to expect in the housing market in January first appeared on Sacramento Appraisal Blog.
Inman
DECEMBER 19, 2024
Existing-home sales rose 6.1 percent annually in November while three out of four U.S. regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Housing Wire
DECEMBER 18, 2024
They say housing leads the economy in and out of a recession. Currently, housing starts are back at the levels seen during the COVID-19 recession in 2020. Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. Several factors have been keeping labor steady, such as working through a backlog of orders and long turnaround times to complete projects.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 19, 2024
The option lets brokers access the MLS outside the traditional three-tier membership system. NAR says it is maintaining standards for the Realtor brand.
Inman
DECEMBER 17, 2024
Stephen Brobeck, senior fellow at Consumer Federation of America, examines the aftermath of the Sitzer | Moehrl commission settlement and what it means for the industry's future.
Housing Wire
DECEMBER 19, 2024
Its late December so all the 2025 mortgage rate forecasts have been published. Unfortunately, all of them are already wrong. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. And yet with pesky inflation data not falling as quickly or as far as expected, Fed chair Jerome Powell suddenly changed his language in the Fed meeting on Dec. 19.
Appraisal Buzz
DECEMBER 18, 2024
The U.S. Senate has announced the passage of the bipartisan Homebuyers Privacy Protection Act (S. 3502) , a measure that will ban trigger leads except in limited circumstances. When a consumer applies for a mortgage, credit bureaus are notified that the consumer is interested in financing, which is referred to as a trigger lead. That information is then sold by the credit bureaus to data brokers (including other lenders) without the consumers knowledge or approval.
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.
Real Estate News
DECEMBER 16, 2024
After several atypical years, the real estate market is expected to settle into a new normal, with lower rates, more sales and improving affordability.
Inman
DECEMBER 20, 2024
Despite an array of significant stories throughout 2024, none could surpass the industry-shaking news of NAR agreeing to settlement terms in the wake of antitrust commission lawsuits that would forever reshape how agents and brokers do business.
Housing Wire
DECEMBER 19, 2024
The housing industry is getting an early Christmas gift. The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 million, a 4.8% increase over the revised October number and a 6.1% increase year over year. The annualized rate is the highest seen since the tally of 4.22 million in March 2024 , and its the highest year-over-year increase since a 23% gain in June 2021.
Appraisal Buzz
DECEMBER 19, 2024
The Five Star Institutes Legal League has announced the launch of its latest White Paper, Non-Uniform Foreclosures. Legal League is a professional association of financial services law firms spread out across the U.S. The Legal League is uniquely positioned to drive progress in the mortgage servicing industry. Legal League members provide a clear view of the legal landscape and the expertise to navigate it, committed to supporting its membership through education, communication, relationship dev
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 News
DECEMBER 18, 2024
The platform will connect advertisers with RE/MAX consumers at key moments, providing a new revenue stream as the brand works to improve its bottom line.
Inman
DECEMBER 18, 2024
The Los Angeles mansion where late actress Brittany Murphy and her husband Simon Monjack died has long been the source of fascination and speculation. Now, the property is back on the market for $18 million, according to a Realtor.com report.
Housing Wire
DECEMBER 20, 2024
Home sales in 2024 have been well below historic norms. Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Real estate investors tend to be more insulated from these dynamics, particularly from mortgage rates, as they are more likely to buy properties with cash. But even investors have purchased fewer homes this year.
Appraisal Buzz
DECEMBER 16, 2024
According to a new study from Redfin , older Americans are more likely than younger Americans to buy homes in places with significant climate risk. More than one-third (36.9%) of home purchases made by people 65 years of age and older last year were in counties with an elevated risk of extreme heat, compared with less than one-third (32.3%) of home purchases made by people under the age of 35.
Real Estate News
DECEMBER 20, 2024
Two recent surveys of agent sentiment conveyed a general sense of optimism heading into the new year, though mortgage rate expectations may not match reality.
Inman
DECEMBER 20, 2024
Aleem, Redfin's chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money.
Housing Wire
DECEMBER 17, 2024
Rent prices have fluctuated alongside home prices in this year’s housing market. More inventory can bring down prices, but some renters still struggle to meet the rental price hikes found in new construction. Seattle-based brokerage Redfin released a report this week that highlighted a 1.5% increase in asking rents for newly constructed apartments in 2024 the biggest spike in 18 months.
Appraisal Buzz
DECEMBER 18, 2024
Over the past five decades, real estate development in the U.S. has surged, with Southern and Southwestern cities seeing the most growth, according to a recent study from StorageCafe. Residential, industrial, and self-storage industries have all expanded significantly, driven by urbanization and population growth. One key finding is that self-storage has seen a 91% increase in inventory since the 1980s.
Real Estate News
DECEMBER 20, 2024
But there is still competition for homes, especially at lower price points, where first-time buyers cross paths with buyers on the investment side.
Inman
DECEMBER 20, 2024
A year and a half after transitioning from her chief executive position to an advisory role, Chris announced that she's "on to a new adventure.
Housing Wire
DECEMBER 20, 2024
Despite 2025 housing market predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors and upcoming speaker at the Housing Economic Summit, sat down with HousingWires Senior Director of Events Brena Nath to answer a few questions on what she thinks is to come for real estate in 2025.
Appraisal Buzz
DECEMBER 17, 2024
The most recent Commercial Delinquency Report from the Mortgage Bankers Association (MBA) shows that commercial mortgage delinquencies rose in the third quarter of 2024. The share of the balance of delinquent commercial mortgages increased for every major capital source during the third quarter of 2024, said Jamie Woodwell, MBAs Head of Commercial Real Estate Research.
Real Estate News
DECEMBER 19, 2024
As other brokerages stumbled in 2024, Real saw enviable growth in agent count, transactions and share price with President Sharran Srivatsaa setting the tone.
Empire Appraisal Group
DECEMBER 19, 2024
Despite Inventory Rise, Home Buyers Remain Cautious Source: [link] More listings are coming to the real estate market, but home sales continue to be sluggish. Read more from NARs latest housing report. Home buyers may finally be finding more inventory options this fall, but theyre still being cautious about entering the real estate market, the National Association of REALTORS reported Wednesday.
Housing Wire
DECEMBER 17, 2024
The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program. The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. The rule goes into effect on March 1, 2026, according to the CFPB.
Appraisal Buzz
DECEMBER 16, 2024
As Baby Boomers age out of their homes, will it help create enough inventory to boost the housing market? As per a recent report from Zillow , it all depends on the specific housing market. The report finds that even though many Baby Boomers will soon be aging out of their homes, the resulting boost to housing inventory will be mostly concentrated in markets where there is less demand.
Real Estate News
DECEMBER 18, 2024
Look for just two cuts next year half the number previously forecast as the Federal Reserve predicts inflation will remain high.
Birmingham Appraisal
DECEMBER 17, 2024
Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations. Whether youre representing a seller or assisting a buyer, the more accurate and complete the information you provide, the smoother the process will be.
Expert insights. Personalized for you.
397 
Let's personalize your content