Housing Wire

AUGUST 30, 2024

As a salve, a vocal minority of activists say that “simply” allowing the financing of buyer-agent commissions into mortgages will resolve all concerns. For reasons both practical and legal, buyer-agent commissions are not today explicitly financeable with a mortgage. Under the settlement, sellers can still compensate the buyer’s agent.

Finance 447

Finance Buyers Agents Insurance 447

Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. While it appears that most sellers are still offering some level of compensation, 12% of agents reported they were still unsure of what the emerging trend will be. 30 and Sept.

Sellers 511

Sellers Buyers Agents Brokerage 511

Housing Wire

DECEMBER 30, 2024

However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The other trend to watch is whether we finally have more sellers entering the market in 2025. There are some signals that seller volume is starting to creep back to normal levels. These are unsold new listings.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Appraisal Buzz

NOVEMBER 6, 2024

The most common way buyers have secured below-market rates is through special financing offers from sellers or home builders. Despite these obstacles, resolute purchasers are coming up with innovative ways to finance their aspirations of becoming homeowners.

Buyers 370

Buyers Marketing Sellers Loan Officers 370

Housing Wire

SEPTEMBER 9, 2024

We’re also seeing more home sellers withdrawing their listings to try again next year. Sellers may try the market, not find any takers and then decide not to sell. This is a bit more than a year ago but still significantly fewer sellers each week than in the pre-pandemic era. The other reason is the withdrawals.

Sellers 482

Sellers Inventory Contracts New Listings 482

Housing Wire

NOVEMBER 1, 2024

About one in three (35%) received special financing, while 26% made their purchase offer contingent upon a lower rate. Zillow home trends expert Amanda Pendleton noted a trend of new buyers thinking outside the box when it comes to mortgage financing.

Mortgage 321

Mortgage Finance Buyers Loan Officers 321

Appraisal Buzz

JANUARY 22, 2025

The Detroit-based fintech has bundled these services at Rocket.com , a single portal where consumers can search, purchase and manage their home financing with an intuitive, AI-driven experience. The post Rocket Unifies its Real Estate Search and Home Financing Platforms appeared first on MortgageOrb.

Real Estate 195

Real Estate Finance Real Estate Agent Design 195

Appraisal Buzz

MARCH 10, 2025

Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. According to Yahoo!

Real Estate Agent 386

Real Estate Agent Brokerage Real Estate Agents 386

Housing Wire

JANUARY 6, 2025

The capital gains tax is a federal tax that is applied when the sale of a particular asset including a home, personal items, or stocks and bonds held as investments is sold for more than [a sellers] adjusted basis, referring to the initial cost of the item being sold, according to the IRS.

Sellers 397

Sellers Business Real Estate Finance 397

Housing Wire

OCTOBER 18, 2024

Sellers can tap into their current home equity in a bid to buy another property without coming up with cash for a down payment. Together, we’re changing the way people think about home financing by offering solutions that work for real people in real markets.”

Mortgage 447

Mortgage Buyers Contracts Finance 447

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. And because mortgage rates have been above 7% for about two months consecutively, the cost of financing is extreme. According to the brokerage, 6.5%

Sellers 516

Sellers Buyers Inventory Real Estate Agent 516

Housing Wire

JANUARY 30, 2024

Government-sponsored enterprise (GSE) Freddie Mac this week released an industry letter encouraging seller/servicers to take the accelerating pace of cybersecurity threats seriously, and to ensure that processes and tools are maintained to limit exposure to potential security risks. “A These included incidents of social engineering (e.g.,

Sellers 458

Sellers Tools Government Business 458

Housing Wire

OCTOBER 28, 2024

New listings go up This year continues to have slightly more sellers than last year but fewer than we used to get in past years. When you add it all together, there were just a 2% more new sellers hitting the market this week than a year ago. I mentioned that Florida rebounded this week with sellers that postponed for the storms.

Inventory 474

Inventory New Listings Sellers Contracts 474

Housing Wire

JANUARY 22, 2025

Auction.com referenced recent survey data from Clever Real Estate showing that roughly 20% of sellers prefer nontraditional sales methods such as for sale by owner (FSBO) or all-cash transactions through an iBuyer over the use of a real estate agent. Auction.com reported that demand for distressed homes fell in the third quarter of 2024.

Real Estate Agent 369

Real Estate Agent Real Estate Sellers Buyers 369

Housing Wire

OCTOBER 24, 2024

Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan. Sometimes the seller wants one month rent back.

Retail 448

Retail Buyers Renovations Finance 448

Housing Wire

AUGUST 1, 2024

But it will be their sellers who make the decision on an offer of compensation to a buyer broker. In the agreement, sellers have the option to choose to pay their listing broker an exact dollar amount, a percentage of the gross purchase price of the property or an undefined “Other.”

Sellers 448

Sellers Buyers Agents Law 448

Housing Wire

DECEMBER 9, 2024

Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. In Florida and Texas, we see the rising costs of insurance , taxes and climate risk driving some sellers. more sellers than the same week a year ago.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

APRIL 15, 2024

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. Moving forward, the GSEs say that if these fees continue to be “customarily paid by the property seller according to local convention, they will not be subject to financing concessions limits.”

Buyers 532

Buyers Agents Real Estate Agent Sellers 532

Housing Wire

APRIL 1, 2024

In addition to that, conventional underwriting does not serve the new-age economy such as gig workers, so you are seeing this demand for alternative financing. “And Potential partnerships Home equity investments are likely to become essential to the home finance product marketplace. And that has already started to happen,” Craft said.

Finance 466

Finance Investing Real Estate Agent Real Estate 466

Housing Wire

MARCH 14, 2025

The market action index is 37, indicating that there is a slight seller’s advantage. 80% of buyers financed their home purchase, and 23% of people financed 80% to 89% of the home. 89% of sellers used an agent to sell their home. 70% of sellers are repeat sellers, 30% are first-time sellers.

Real Estate 315

Real Estate Marketing Real Estate Agent Sellers 315

Housing Wire

JANUARY 22, 2025

Rocket.com is designed for serious buyers and sellers, offering a streamlined path to homeownership, said Jamie Belsky, chief product and design officer at Rocket. With this intuitive platform, we will remove traditional barriers for homebuyers through instant offers, AI-powered financing and Verified Approval Letters.

Real Estate Agent 370

Real Estate Agent Design Real Estate Clients 370

Housing Wire

JANUARY 20, 2025

When the market is hot like during the Pandemic there were more buyers than sellers in Q1 so inventory kept declining until March or April. There were 2% fewer sellers now than the same week a year ago but 3.6% So, slightly fewer sellers, but inventory is growing faster than last year. Thats been changing.

Mortgage 397

Mortgage Inventory New Listings Contracts 397

Housing Wire

MARCH 7, 2024

Home sellers looking to maximize their sale price may want to avoid the start of the busy spring buying season and list their properties closer to the midpoint of the year, according to a Zillow analysis released Thursday. more than at other times of the year, equating to an additional $7,700 on the typical U.S.

Sellers 448

Sellers Buyers Real Estate Inventory 448

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Let’s dive in!

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

MARCH 8, 2025

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. But Lautz also said that finances have a lot to do with the purchasing power of men and women. housing market , trailing only married couples.

Buyers 318

Buyers Legal Realtors Realty 318

Housing Wire

NOVEMBER 4, 2024

When you include the 9,400 immediate sales, the total is 13% more sellers than a year ago. Last year at this time, the market was in deep retrenchment — both buyers and sellers were walking away. We’ll see if this trend continues, because consistently more sellers would signal a transition to new market dynamics. Some 39.4%

Inventory 387

Inventory New Listings Sellers Contracts 387

Housing Wire

FEBRUARY 3, 2025

Chris Porter, a senior vice president at the firm and the author of the latest outlook, said this correlates with buyers dedicating more of their income to housing and seeking accessible financing options. Zalmanoff attributed the uptick in FHA loans to sellers accepting them when houses aren’t selling quickly.

Government 360

Government Loan Officers Buyers Finance 360

Appraisal Buzz

FEBRUARY 21, 2025

Under a lease-purchase arrangement, the property seller also acts as the landlord. The seller transfers the deed to the buyer once the buyer obtains a mortgage to purchase the home. For example, the sellers, usually also the landlords, are generally responsible for keeping the property safe and livable for tenants. million U.S.

Landlords 221

Landlords Tenants Contracts Law 221

Housing Wire

APRIL 3, 2024

The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless of whether or not the seller is willing to pay the home buyer broker commission,” according to an announcement by the organization.

Sellers 457

Sellers Buyers Real Estate Agent Agents 457

Housing Wire

NOVEMBER 4, 2024

Having spent the past several months covering the NAR settlement and the business practice changes outlined within, I was curious about how listing agents and sellers in my market were handling offers of buyer broker compensation. The listing agents disclosed this to my agent via text or phone call when we inquired.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. That’s a problem because mortgage LOs traditionally have not “forged as deep of inroads” with sellers’ agents.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

JUNE 11, 2024

According to the release, the integration will allow Offerpad to provide a cash offer to more sellers and will extend Offerpad’s reach to a larger audience of potential sellers. If they are in a market served by Offerpad, they will be able to click a button to get a cash offer within 24 hours.

Sellers 488

Sellers Real Estate Agent Buyers Real Estate 488

Housing Wire

JANUARY 6, 2025

In those times, we just had far more buyers than sellers. So lets take the opportunity to look at a slightly different view of seller volume. Sometimes sellers test the market and withdraw a listing that gets no offers. When demand was hot during the pandemic, inventory might not reach its low point until March or April.

Inventory 447

Inventory New Listings Contracts Sellers 447

Housing Wire

AUGUST 19, 2024

Several real estate groups recently criticized the Consumer Federation of America’s support for uncoupled buyer and seller agent real estate commissions, writing in HousingWire that, “CFA has seemingly lost sight of its core purpose advocating for those most in need of consumer protection.”

Real Estate 458

Real Estate Sellers Buyers Agents 458

Housing Wire

SEPTEMBER 5, 2024

The report calls on more states and cities to pass “source of income” or “source of financing” anti-discrimination statutes and enforce them to protect homebuyers. The CFA also called on real estate associations to better educate agents on sources of financing discrimination and how to successfully work with FHA buyers.

Buyers 475

Buyers Real Estate Agent Inspection Real Estate 475

Appraisal Buzz

DECEMBER 30, 2024

Only your personal situation and finances should do that! When fewer houses are available, buyers are willing to pay more, and sellers have more leverage to up their asking price. Connect for Free What Does the 2025 Housing Market Mean for Buyers and Sellers? Is It a Sellers Market? Is It a Buyers Market?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older.

Real Estate Agent 345

Real Estate Agent Buyers Sellers Realtors 345