Housing Wire

DECEMBER 11, 2024

The stagnant 2024 housing market is one the real estate industry cant wait to get away from, but not so for the niche luxury market. Elevated mortgage rates have stymied the broader housing market in 2024, but the luxury segment is somewhat insulated from that because wealthy buyers are less likely to need a mortgage.

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Housing Wire

DECEMBER 17, 2024

Homebuyers have become older and wealthier Young people are having a particularly hard time in the housing market. Adult children of renters who want their children to have a better chance at achieving the American dream must figure out how to break into the housing market without family help.

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Housing Market Marketing Buyers Real Estate 322

Appraisal Buzz

NOVEMBER 26, 2024

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. The post Housing Market Forecast: Unpredictable Mortgage Rates to Shake Up 2025 first appeared on The MortgagePoint. As 2025 draws near, mortgage rates are once again in the news. Pets deserve homes too!

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Housing Wire

OCTOBER 4, 2024

Overall Market Sentiment The overall sentiment towards the housing market remains cautiously optimistic, with most respondents expressing neutral to optimistic views. HousingWire Pulse is a quarterly, forward-looking housing market and industry trend survey that focuses on the real estate and mortgage industries.

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Appraisal Buzz

NOVEMBER 25, 2024

Zillow is predicting a more active housing market in 2025 , but those hoping to buy — or even refinance — should buckle up for a bumpy ride and be ready to move when conditions are right. Zillow is forecasting that housing market activity will pick up in 2025 – but the big wildcard is mortgage rates, which will remain unpredictable.

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Housing Market Marketing Buyers Construction 365

Housing Wire

SEPTEMBER 12, 2024

housing market. This means that baby boomers have the most economic power when it comes to housing markets, as sellers are more likely to accept offers where financing is least likely to fall through.” Retirement often signals a major shift in a person’s life.

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Housing Market Marketing Insurance Sellers 467

Housing Wire

OCTOBER 24, 2024

Buyers have also been less active despite the Federal Reserve ’s 50-basis-point cut to benchmark rates last month.

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Housing Market Marketing Retail Development 482

Housing Wire

DECEMBER 19, 2024

Known for its rural communities, quaint towns, scenic lakes and mountain vistas, New Hampshire is probably not where you would expect to find one of the nations hottest housing markets but the data says otherwise. 18, with a market action index score of 55.77.

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Housing Wire

OCTOBER 7, 2024

The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks. Mortgage rates bounced back up over the last couple days, and it demonstrates how fragile this housing market recovery could be. Leading indicators, such as price reductions, have topped out.

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Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. To get a sense for what the mood is among real estate agents right now, look no further than Portland , Oregon. 25 statewide in 2023 transaction volume.

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Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago. Buyers] have been the ones to benefit from just the steadiness and lack of volatility.”

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Housing Wire

DECEMBER 16, 2024

Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market. Housing inventory It is December, of course, so inventory is falling for the season. There will be fewer homes on the market each week until February or so. Can there be too many homes for sale?

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Inventory Housing Market Marketing Sellers 365

Appraisal Buzz

DECEMBER 9, 2024

Consumer confidence in the housing market improved significantly in November, rising to a score of 75.0 Fortunately, a sharply growing share The post Consumers Had a Rosier View of the Housing Market in November appeared first on Appraisal Buzz. on the Fannie Mae Home Purchase Sentiment Index.

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Housing Market Marketing Mortgage Appraisal 369

Housing Wire

OCTOBER 8, 2024

The strength of the storm has prompted officials to call for an evacuation, one that has already had a stark impact on the city’s housing market. Hurricane Milton — currently a Category 4 storm — is scheduled to make landfall in Tampa late Wednesday or early Thursday. New listings in Tampa were at 775 on Sept.

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Housing Wire

DECEMBER 12, 2024

Register today to attend the Housing Economic Summit in Dallas, on Feb. The summit is designed to give you a comprehensive understanding of the economic factors driving the housing market in 2025 and what it all means for your business. 26, 2025 and hear Daren Blomquist in person.

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Housing Market Retail Marketing Sellers 353

Appraisal Buzz

NOVEMBER 8, 2024

In over half of the Opportunity Zones examined, median prices rose by more than 10 percent a year as the country’s protracted housing market bubble persisted. Regardless matter whether the housing market has experienced a sharp upturn, a slight improvement, or a slight decline, that pattern has persisted.

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Housing Market Marketing Design Home Value 369

Housing Wire

DECEMBER 17, 2024

Its hard to imagine something more disruptive to a housing market than a hurricane. 9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market. 9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market.

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Housing Market Marketing New Listings Real Estate Agent 252

Housing Wire

NOVEMBER 12, 2024

housing market isn’t in rapid expansion, there’s still underlying stability as homeowners continue to spend on maintenance, necessary upgrades and other smaller projects. It also anticipates a 2.5% decline in comparable sales, less than the previously expected drop of 3% to 4%. The upward guidance revision suggests that while the U.S.

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Housing Wire

SEPTEMBER 12, 2024

Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season. Zillow noted that the U.S. median monthly mortgage payment in August had declined by more than $100 since peaking in May.

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Housing Market Marketing Inventory Buyers 482

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. See what she had to say below and register today for the Housing Economic Summit on Feb. HW: What housing trends do you think will continue in 2025 and why?

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Real Estate Housing Market Marketing Realtors 226

Housing Wire

SEPTEMBER 16, 2024

Each quarter, HousingWire will tally the results and compile a report to gauge the market and provide you with valuable market trends, opportunities, and challenges. Real estate and mortgage professionals: Your voice matters! Fill out the 5 minute survey today!

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Housing Market Marketing Real Estate Mortgage 447

Housing Wire

DECEMBER 20, 2024

Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Home sales in 2024 have been well below historic norms. 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.

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Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. in neighboring Fort Lauderdale, indicating growing apprehension for the Florida housing market. As the U.S. Now there’s a middle ground.

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Real Estate Investors HOA Housing Market 486

Housing Wire

NOVEMBER 25, 2024

Stable mortgage rates – even if they remain relatively elevated – could be the key to unlocking confidence in the housing market. What variables are shaping, and shaking, the housing market? The instability in the housing market is evident in existing-home sales and home builder sentiment.

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Housing Market Construction Real Estate Sellers 397

Housing Wire

DECEMBER 11, 2024

This valuable information can significantly enhance our understanding of housing economics and what is coming next. The question is: How can we harness the data to give you more confidence when talking about the housing market? Since the lows of 2022, we have seen an increase in active inventory.

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Housing Wire

JULY 10, 2024

The important message in the mortgage data is that even as the economy perhaps finally slows and even as mortgage rates stay higher for longer than anyone expected, the housing market remains buoyed by an incredible cushion of very strong borrowers.

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Housing Wire

SEPTEMBER 26, 2024

The question from the housing industry after the Federal Reserve ’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? The rate cut comes at a good time for a housing market that’s been starved for sales. While the new-home sales report for August showed a 9.8%

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Housing Wire

AUGUST 1, 2024

Americans are considering the potential impacts of political changes on the economy and housing market, leading many to adjust their buying timelines accordingly.” “The upcoming election is clearly weighing on the minds of prospective homebuyers,” Veterans United vice president Chris Birk said in a statement.

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Housing Wire

NOVEMBER 21, 2024

Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. However, they did, and this is the second time over the past two years that mortgage rates just heading toward 6% changed housing market dynamics. However, that didn’t happen.

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Mortgage Housing Market Inventory Contracts 487

Housing Wire

DECEMBER 7, 2024

Let’s get into the holiday spirit with this week’s Housing Market Tracker data! Weekly pending sales The weekly pending contract data from Altos Research offers an insightful look into real-time housing demand. However, like most housing data, this information is quite seasonal. Weekly inventory change (Nov.

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Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market.

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Buyers Marketing Mortgage Real Estate Agent 493

Housing Wire

OCTOBER 21, 2024

In a housing market shaped by uncertainty, military veterans and service members are emerging as some of the most confident and prepared homebuyers, outpacing their civilian counterparts. This was driven by optimism about the housing market and economy. This marks a shift from last year when civilians were more bullish.

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Housing Wire

NOVEMBER 13, 2024

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. Foreclosure Market Report on Tuesday. In related news, mortgage delinquencies were also up in October, indicating a downturn as the housing market shifts into 2025.

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Housing Wire

SEPTEMBER 19, 2024

The Federal Reserve ’s interest rate cut on Wednesday, which was larger than some people expected, couldn’t have come at a better time for the housing market. New-home sales — while making up a considerably smaller share of the housing market — rose sharply in July. in August to a seasonally adjusted annual rate of 3.86

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Inventory Housing Market Inspection Sellers 457

Appraisal Buzz

DECEMBER 5, 2024

The recent surge in immigration to the United States has ignited discussions about its potential effects on the housing market, particularly concerning housing costs. Senior Research Analyst Riordan Frost from the Harvard Joint Center for Housing Studies, recently took a deeper dive into the impact of immigration on the U.S.

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Construction Housing Market Marketing Buyers 418

Housing Wire

OCTOBER 23, 2024

While assessing the full scale of the damage could still take months, the short-term effects on the two state’s housing markets were immediately visible — the markets came to a complete halt. In the days right before and after Hurricane Milton battered central Florida, two highly responsive metrics went into free fall.

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Housing Market New Listings Investors Buyers 459

Housing Wire

OCTOBER 4, 2024

Sturtevant thinks this confidence will drive the housing market forward in this fourth quarter of the year. Mortgage rates will likely remain around 6% for the rest of the year, which should bring both more buyers and more sellers into the market,” Sturtevant said.

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