Housing Wire

FEBRUARY 24, 2025

as reported by the National Association of Realtors (NAR). Buyers and sellers alike continue to rely on the expertise of Sothebys International Realty agents to successfully navigate an ever-changing market and achieve their real estate goals, White said. sales volume increased 9.4% year over year.

Housing Market 355

Housing Market Marketing Realty Real Estate 355

Housing Wire

JANUARY 30, 2025

Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). High mortgage rates have not significantly dented housing demand due to greater numbers of cash transactions. Compared to a month prior, contract signings fell 5.5% in the Northeast, 4.9%

Contracts 448

Contracts Housing Market Buyers Realtors 448

Housing Wire

DECEMBER 30, 2024

Despite rising mortgage rates through much of 2024, recent indications show growing boldness among homebuyers heading into the new year. A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. The South led the way with a PHSI reading of 94.5

Inventory 435

Inventory Buyers Housing Market Mortgage 435

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. Thats the highest share for new sales since 2005, which was during the building boom driven by cheaper housing, looser credit requirements and high demand for mortgage-backed securities. million and Bright MLS expecting 4.4

Sellers 488

Sellers Housing Market Realtors Inventory 488

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 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. housing market and economy. This weekly tracker will give you updates on the data lines that don’t need to wait for monthly housing data reports. . Housing market inventory.

Housing Market 516

Housing Market Marketing Inventory Mortgage 516

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash.

Mortgage 343

Mortgage Training Construction Investors 343

Appraisal Buzz

AUGUST 14, 2024

Mortgage relief is on the horizon for U.S. homebuyers as a strong economy bolsters the housing market, according to the Realtor.com 2024 Forecast Update. and 4.6%, respectively, despite ongoing challenges from elevated mortgage rates. and 4.6%, respectively, despite ongoing challenges from elevated mortgage rates.

Housing Market 395

Housing Market Marketing Mortgage Inventory 395

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 You can see why I have been on team higher mortgage rates for some time now because we don’t have any other way to get off this madness. Housing is the cost of shelter to own the debt; it’s not an investment.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. So when I talk to loan originators today, I harken back to my early days when fixed mortgage rates were over 14% and there were absolutely no refinances to be had. Things will get better.

Housing Market 523

Housing Market Marketing Supply Chain Mortgage 523

Appraisal Buzz

DECEMBER 19, 2024

The National Association of Realtors reports that existing-home sales increased in November. More buyers have entered the market as the economy continues to add jobs, housing inventory grows compared to a year ago, and consumers get used to a new normal of mortgage rates between 6% and 7%. Three major U.S. million).

Inventory 396

Inventory Realtors Buyers Contracts 396

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. My rule to get the housing market out of the unhealthy stage is that we need total inventory back between 1.52

Housing Market 528

Housing Market Marketing Inventory Realtors 528

Housing Wire

NOVEMBER 25, 2024

These positive signs were followed by a long-awaited dip in mortgage rates, which fell for four consecutive weeks through the end of June. In combination with high rates , supply constraints continue to result in high housing costs , placing further pressure on affordability. In fact, new housing starts faced a 5.5% from the 3.4%

Housing Market 397

Housing Market Construction Real Estate Sellers 397

Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. Recently, the “lock-in effect” has kept homeowners with historically low-rate mortgages from selling, but this effect is easing. million units. year over year.

Marketing 370

Marketing Inventory Construction Realtors 370

Housing Wire

NOVEMBER 27, 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% The PHSI is benchmarked at 100 in 2001.

Marketing 370

Marketing Realtors Housing Market Lending 370

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. million to 4.98

Housing Market 505

Housing Market Marketing Inventory Mortgage 505

Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. housing market inventory channels have changed due to how the U.S.

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

JUNE 21, 2022

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened.

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

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. housing market , trailing only married couples.

Buyers 359

Buyers Legal Realtors Realty 359

Housing Wire

JANUARY 2, 2023

The housing market has been wild the last few years, making weekly data more critical. This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. Purchase application data.

Inventory 482

Inventory Housing Market Marketing Mortgage 482

Housing Wire

NOVEMBER 4, 2024

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

MARCH 14, 2025

With the National Association of Realtors ( NAR ) reportedly set to vote on the future of its Clear Cooperation Policy (CCP) in the not-too-distant future, the leader of Coldwell Banker Realty is not holding back her feelings about the controversial rule.

Sellers 360

Sellers Realtors Buyers Realty 360

Housing Wire

JULY 10, 2024

In a difficult housing market for Realtors, experience matters — a lot. That’s the conclusion of the 2024 Member Profile poll from the National Association of Realtors (NAR), which shows a sharp divergence in income when comparing more experienced agents to their less experienced colleagues.

Realtors 435

Realtors Inventory Agents Clients 435

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

Housing Market 497

Housing Market Marketing Real Estate Finance 497

Housing Wire

JANUARY 22, 2025

Mortgage escrow accounts are an important, yet widely misunderstood asset in the housing market. Although 80% of mortgage holders have escrow accounts, only 60% fully understand them, up from 52% in early 2024. Almost half (44%) of respondents also said they would experience hardship if their mortgage payments increased.

Property Taxes 397

Property Taxes Insurance Mortgage Government 397

Housing Wire

OCTOBER 23, 2024

Ohio REALTORS, one of the largest and most influential real estate associations in the Midwest, has announced its partnership with HousingWire , the leading source for housing market news and information. “At Ohio REALTORS, our mission is to be the indispensable professional partner for our members and brokers. .

Realtors 435

Realtors Agents Marketing Real Estate 435

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. The Altos Market Action Index, which measures the balance between buyers and sellers, has dropped from 47 to 40 since May.

Housing Market 479

Housing Market Marketing Sellers Buyers 479

Housing Wire

OCTOBER 19, 2023

The savagely unhealthy housing market continues to unfold as we approach Halloween. Too many people chasing too few goods — and days on the market are still under 30 days. On top of all that, mortgage rates are now at 8%. Sixty-nine percent of homes sold in September were on the market for less than a month.

Housing Market 505

Housing Market Marketing Inventory Buyers 505

Housing Wire

AUGUST 14, 2024

Denver-based Realtor Bret Weinstein took on a client whose house had been on the market for 60 days. The loss of population has softened housing demand, as has the rapid rise in mortgage rates that began in the spring of 2022. The buyers in the market tend to fit a similar profile. year over year.

Buyers 468

Buyers Housing Market Marketing Sellers 468

Housing Wire

OCTOBER 23, 2024

million, according to data released Wednesday by the National Association of Realtors (NAR) On a year-over-year basis, existing-home sales were down 3.5% There are more inventory choices for consumers, lower mortgage rates than a year ago and continued job additions to the economy. After falling 2.5% in September. from September 2023.

Inventory 466

Inventory Realtors Buyers Real Estate 466

Housing Wire

JANUARY 24, 2025

Existing home sales finished 2024 on a high note after a dismal year for the housing market. The December report from the National Association of Realtors (NAR) shows existing-home sales at a seasonally adjusted annual rate of 4.24 million, a 9.3% annual increase. Over the past decade, the U.S. has averaged about 5.2

Inventory 367

Inventory Realtors Construction Housing Market 367

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. The current market has largely normalized and is experiencing a pause for the same reasons as many other markets across the country. Indeed, mortgage rates haven’t moved much since the cut.

Housing Market 459

Housing Market Marketing Property Taxes Inventory 459

Housing Wire

MAY 23, 2023

While it’s not as clear how long-lasting the rebound will be, it does still provide some much-needed good news for the spring and summer housing market. in April 2023, according to the National Association of Realtors (NAR). This article is part of our ongoing 2023 Housing Market Forecast series. million in April.

Housing Market 459

Housing Market Marketing Retail Sellers 459

Housing Wire

DECEMBER 20, 2023

Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housing market today looks a lot like what we saw in late 2022. In 2023, we had one big bounce in sales and then sales trended lower all year long as mortgage rates went from 6% to 8%. million in November.

Housing Market 482

Housing Market Marketing Inventory Realtors 482

Housing Wire

NOVEMBER 4, 2024

Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older. 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.

Real Estate Agent 345

Real Estate Agent Buyers Sellers Realtors 345

Housing Wire

NOVEMBER 7, 2024

Data released Thursday by the National Association of Realtors (NAR) shows that during the third quarter of 2024, home prices grew in 87% of the 226 metropolitan areas analyzed. While home prices grew, falling mortgage rates during the third quarter brought the typical mortgage payment down 2.4% year over year. year over year.

Realtors 418

Realtors Marketing Mortgage Housing Market 418

Housing Wire

AUGUST 6, 2024

Redfin CEO Glenn Kelman said Tuesday on the company’s second-quarter 2024 earnings call that he expects business to improve when the housing market speeds up after mortgage rates come down. Kelman addressed the impact of the settlement that the National Association of Realtors (NAR) agreed to regarding buyer agent commissions.

Housing Market 488

Housing Market Marketing Brokerage Agents 488