Housing Wire

OCTOBER 7, 2024

Ironically, a strong employment situation in the country drives the bond market to higher rates. After the recent lows with mortgage rates this week, the 30-year fixed rate jumped back up over 6.5%. The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks.

Housing Market 438

Housing Market Marketing Mortgage Contracts 438

Appraisal Buzz

NOVEMBER 26, 2024

As 2025 draws near, mortgage rates are once again in the news. Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. As the market gradually recovers, 2025 should bring more sales and relatively moderate increases in property values. increase in property values in 2025.

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Housing Market Tenants Marketing Mortgage 396

Appraisal Buzz

OCTOBER 11, 2024

Do rising mortgage rates necessarily trigger an economic recession or vice versa? With six of 10 distinct housing recessions since the 1970s preceding an economic recession (as determined by the National Bureau of Economic Research Business), it is tempting to answer, “yes.” A housing recession does not necessarily kick things off.”

Housing Market 418

Housing Market Marketing Construction Real Estate 418

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Housing Market 446

Housing Market Marketing Mortgage Sellers 446

Housing Wire

DECEMBER 16, 2024

The COVID-19 pandemic turned a number of nontraditional cities into housing market hotspots. While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Locked-in mortgages have been widely credited with cutting off housing inventory.

Housing Market 392

Housing Market Marketing Inventory Realtors 392

Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Mortgage rates continue to move higher and that’s impacting buyers. Frankly, it feels like the housing market is contracting a bit now in November.

Housing Market 442

Housing Market New Listings Marketing Inventory 442

Appraisal Buzz

DECEMBER 5, 2024

ATTOM has released its latest Special Housing Market Impact Risk Report , a study examining county-level housing markets around the U.S. The report shows that California, New Jersey, and Illinois once again had high concentrations of the most-at-risk markets in the country, with parts of Florida also joining that mix.

Housing Market 397

Housing Market Marketing Property Taxes Mortgage 397

Appraisal Buzz

DECEMBER 10, 2024

Realtor.com has revealed its Top Housing Markets for 2025 , highlighting the areas ready for growth in the year ahead. Sun Belt Boom Realtor.coms top 10 are all located in the South and West, with multiple markets from three statesTexas, Florida, and Virginia. of their income on housinghigher than the national average of 29.2%.

Housing Market 418

Housing Market Marketing Inventory Government 418

Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? The number of unsold homes on the market is finally getting closer to 2019 levels. The MBAs mortgage applications data has been surprisingly strong.

Housing Market 416

Housing Market Marketing Inventory Sellers 416

Housing Wire

OCTOBER 24, 2024

The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform. While 45% said current market conditions were not impacting their desire to purchase distressed property, 34% said conditions were detrimental to their decisions.

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Housing Market Marketing Retail Development 471

Housing Wire

DECEMBER 16, 2024

Dramatic mortgage rate movements are destined to play a major role in the coming year, according to Zillow ‘s newest forecast , which also calls for declining mortgage rates to be a catalyst for home-sales growth and home-price appreciation in 2025. “There’s a strong sense of dj vu on tap for 2025. million in 2025.

Housing Market 366

Housing Market Marketing New Listings Home Value 366

Housing Wire

DECEMBER 17, 2024

Homebuyers have become older and wealthier Young people are having a particularly hard time in the housing market. First-time homebuyers face higher barriers than ever before Affordability is near-record lows as mortgage payments for the median-priced home have reached historic highs.

Housing Market 362

Housing Market Marketing Buyers Real Estate 362

Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. Despite two interest rate cuts by the Federal Reserve, mortgage rates rose again and remain stubbornly high. Its a symptom of a market thats transitioning away from sellers.

Housing Market 352

Housing Market Marketing New Listings Sellers 352

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. I do not think this trend will go away overnight, even with mortgage rate stability and new inventory in the market.

Real Estate 365

Real Estate Housing Market Marketing Realtors 365

Housing Wire

JANUARY 7, 2025

Across the board, mortgage and real estate respondents to the HousingWire Pulse Q1 2025 survey say the housing market will be flat for the first three months of 2025. Respondents were a bit more positive about Q4 2024 , which was collected before mortgage rates rose to 7%. The good news?

Housing Market 307

Housing Market Real Estate Agent Marketing Real Estate 307

Housing Wire

DECEMBER 20, 2024

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. Same with the iBuyers. Theyve dropped out a lot.

Investors 416

Investors Housing Market Marketing Real Estate 416

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.

Housing Market 365

Housing Market Marketing Buyers Construction 365

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. median monthly mortgage payment in August had declined by more than $100 since peaking in May. Zillow noted that the U.S. Zillow noted that the U.S.

Housing Market 476

Housing Market Marketing Inventory Buyers 476

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.

Housing Market 344

Housing Market Marketing Buyers Real Estate 344

Housing Wire

JANUARY 7, 2025

The new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S. housing market. At HousingWire s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. ” Mortgage rates have continued to rise since the Federal Reserve meeting on Dec.

Housing Market 316

Housing Market Mortgage Marketing Inventory 316

Appraisal Buzz

DECEMBER 9, 2024

Consumer confidence in the housing market improved significantly in November, rising to a score of 75.0 And a higher percentage say they expect mortgage rates will decrease in the next 12 months. on the Fannie Mae Home Purchase Sentiment Index. Only 23% believe its a good time to buy a home.

Housing Market 369

Housing Market Marketing Mortgage Appraisal 369

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.

Buyers 470

Buyers Marketing Mortgage Real Estate Agent 470

Housing Wire

JANUARY 13, 2025

While the current focus is rightfully on containing the blazes and protecting residents, its worth taking stock of where housing markets stand in the affected parts of the Los Angeles metro area. Data from Altos Research shows an area with expensive housing, rising inventory and conditions that lean favorable to sellers.

Housing Market 285

Housing Market Marketing Sellers New Listings 285

Housing Wire

DECEMBER 12, 2024

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. The after-repair value is the estimated full market value of a property in fully repaired condition.

Housing Market 333

Housing Market Retail Marketing Sellers 333

Housing Wire

JANUARY 7, 2025

housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025.

Housing Market 307

Housing Market Luxury Properties Marketing Design 307

Appraisal Buzz

DECEMBER 16, 2024

The top luxury vacation home markets for 2024 have been identified by Pacaso s fourth annual Top Vacation Home Markets Report. By analyzing second home-to-primary house ratios, rate lock growth, and price trends for properties costing more than $700,000, the research identifies the top 20 counties in the U.S.

Housing Market 370

Housing Market Marketing Investing Inventory 370

Housing Wire

JANUARY 17, 2025

Todays housing starts data exceeded estimates; however, a closer examination of the report with the builder confidence reveals that the recent rise in mortgage rates , approaching 7.25%, has negatively affected builder sentiment. Since late 2022, our analysis indicates that mortgage rates in the 6%-6.5%

Mortgage 404

Mortgage Housing Market Construction Marketing 404

Housing Wire

JANUARY 2, 2025

Today, the jobless claims data again showed why mortgage rates continue to be elevated, confirming that the labor market isnt breaking. The labor market is getting softer but hasnt broken yet, as it has before every recession post World War II. Mortgage rates are expected to range between 5.75% and 7.25%.

Mortgage 462

Mortgage Construction Housing Market Marketing 462

Housing Wire

AUGUST 2, 2024

In addition to the slowing job growth, the cooling labor market conditions were also evident in a 0.2 Construction employment showed a small gain, as builders continue to work to add to housing supply given the ongoing shortage,” Mike Fratantoni, the Mortgage Bankers Association’s chief economist, said in a statement.

Marketing 487

Marketing Mortgage Construction Transportation 487

Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. of outstanding mortgages, around 8.7 million borrowers, carry a mortgage with an interest rate over 6%. had these cheap mortgages. What happens when we have all these homes on the market?

Mortgage 468

Mortgage Inventory Finance Sellers 468

Housing Wire

JANUARY 16, 2025

The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%, but today, the 10-year yield fell after remarks by Fed President Chris Waller about whether the Fed would do even more rate cuts than the market was anticipating. It’s not booming. It’s not falling.”

Mortgage 493

Mortgage Construction Marketing Government 493

Housing Wire

AUGUST 4, 2024

Mortgage rates moved massively lower last week without any Federal Reserve rate cuts, primarily because the labor market is getting softer. Can mortgage rates go even lower? As we can see below, when the market priced economic weakness earlier in 2024, it took the 10-year yield down toward 3.80% but didn’t break that level.

Mortgage 498

Mortgage Inventory New Listings Housing Market 498

Housing Wire

NOVEMBER 23, 2024

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. Initially, the data showed more robust performance as mortgage rates approached 6%.

Mortgage 488

Mortgage Inventory New Listings Contracts 488

Housing Wire

DECEMBER 19, 2024

Its late December so all the 2025 mortgage rate forecasts have been published. 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. Unfortunately, all of them are already wrong.

Mortgage 483

Mortgage Housing Market Marketing Realtors 483

Housing Wire

OCTOBER 22, 2024

Mortgage rates continue to rise, serving as a bucket of cold water for lenders and consumers that were warming to lower borrowing costs just a few months ago. According to HousingWire ‘s Mortgage Rates Center , the average 30-year conforming rate was 6.61% on Tuesday. 18 to 6.15% on Tuesday. On a yearly basis, prices grew by 6%.

Sellers 410

Sellers Mortgage Marketing Construction 410

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. And higher rates are also impacting the future supply of homes, as housing permits have been in a downtrend for a while.“ Housing completions also grew by 15.5%

Mortgage 510

Mortgage Real Estate Agent Finance Buyers 510

Real Estate News

JANUARY 15, 2025

When the Fed lowers interest rates, a drop in mortgage rates often follows but recently, the opposite has happened. Heres why.

Housing Market 276

Housing Market Mortgage Marketing 276