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Despite 2025 housingmarket 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?
In this week’s episode of the RealTrending podcast , host Tracey Velt traveled to the REengage Winter Conference to speak with Illinois Realtors CEO Jeff Baker and president Tommy Choi. To kick off the live conversation, Velt asks a question about the current challenges facing the housingmarket in 2025.
The COVID-19 pandemic turned a number of nontraditional cities into housingmarket hotspots. While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Indianapolis has an affordable housingmarket that will make it attractive.
According to a National Association of Realtors (NAR) survey , many are cutting back on non-essential spending, canceling vacations, and even taking second jobs to save for a down payment and afford homeownership. housing trends. The post Single Women Defying HousingMarket Trends first appeared on The MortgagePoint.
Zillow anticipates a more active housingmarket with more buyers obtaining the upper hand in 2025. In 2025, Zillow projects that buyer markets will expand to the Southwest as inventory continues to become stranded in reasonably priced cities. As 2025 draws near, mortgage rates are once again in the news. Pets deserve homes too!
As the recovery continues, the California Association of Realtors (CAR) said that residents should accept change instead of fighting it. And among all of the impacted areas, neighborhoods with large minority populations bore the brunt of the economic fallout.
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.
Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). Pending sales activity had been higher in October and November, and there was some growing optimism that the 2025 housingmarket could start out strong. compared to a year prior in December.
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 The existing-home sales report comes as major real estate companies are releasing their forecasts for the 2025 housingmarket.
The housingmarket in 2024 was about as frustrating for the real estate industry as you can imagine. Whether 2025 will be a better market depends on who you ask. HousingWires comprehensive 2025 housingmarket forecast calls for existing-home sales to be slightly higher at 4.2 million and Bright MLS expecting 4.4
Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our HousingMarket Tracker. From the National Association of Realtors : Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – expanded 3.4%
HousingWire has partnered with New Hampshire Association of Realtors (NHAR) to bring original data, analytics and news to its members who are the voice for real estate in the state. Our strategy is simple – be the independent source of information housing leaders seek first, and trust the most,” Clayton Collins, HousingWire CEO, said. “By
A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. But Sturtevant also highlighted economic turmoil as a risk due to potentially higher inflation rates and labor market issues. Housingmarket activity ramped up in November and December.
In our dedication to providing the full picture to housing professionals across the U.S. housingmarket, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market.
In a difficult housingmarket 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.
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 housingmarket news and information. “At Ohio REALTORS, our mission is to be the indispensable professional partner for our members and brokers. .
The COVID-19 pandemic impacted the housingmarket like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse. That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends.
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 housingmarket. housingmarket inventory channels have changed due to how the U.S.
Stable mortgage rates – even if they remain relatively elevated – could be the key to unlocking confidence in the housingmarket. What variables are shaping, and shaking, the housingmarket? The instability in the housingmarket is evident in existing-home sales and home builder sentiment.
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 housingmarket. “I
These off-market listings not only harm sellers, but they limit exposure to potential buyers, possibly deepening inequities that have long existed in real estate. We must maintain transparency in the housingmarket so we dont go back to the dark ages of real estate. To conduct its study, Zillow analyzed 2.72
With our commitment to providing insights that housing professionals can make decisions on, HousingWire announced a new partnership with Greater Bergen Realtors , delivering exclusive news, market data and housing research to agents in New Jersey’s Greater Bergen Realtors association.
The Alabama Association of Realtors is calling out for change in national membership models. But according to many in the industry, Realtors in Alabama are not the only ones seeking more choice. Image created by AI in Midjourney.) If we fail to act, we may lose these members forever.
The savagely unhealthy housingmarket continues to unfold as we approach Halloween. Too many people chasing too few goods — and days on the market are still under 30 days. It’s like we invited Freddy Krueger, Jason and Michael Meyers to come for a haunted housingmarket party. The core problem?
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. housingmarket , trailing only married couples.
Denver-based Realtor Bret Weinstein took on a client whose house had been on the market for 60 days. The index considers anything above 30 to be a sellers market, and it currently sits at 38. The five Ds are still happening — death, diapers, diplomas, diamonds, and divorce,” said Compass-affiliated realtor David DiPetro.
Like the vast majority of the country, the city’s housingmarket 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.
So, when many in the real estate industry correctly anticipated changes to the agent commission structure — which were solidified by the National Association of Realtors’ (NAR) settlement following the jury verdict in the Sitzer/Burnett lawsuit nearly a year ago — there was quite a bit of fear about how first-time buyers would be impacted.
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 housingmarket. You step up and be a leader, because if you’re a high-producing Realtor, you know a lot of people and have a lot of connections in the trades community and different things,” he said.
The National Association of Realtors reports that existing-home sales increased in November. Lisa Sturtevant, Chief Economist for Bright MLS, revealed her thoughts on the Existing Home Sales report: The National Association of Realtors reported this morning that existing home sales were at a seasonally-adjusted rate of 4.15
HousingWire, the leading source for housingmarket news and information, announced its partnership with Columbus Realtors, the largest city-based Realtor association in Ohio. Columbus Realtors aims to be the leading voice of real estate in central Ohio.
Redfin CEO Glenn Kelman said Tuesday on the company’s second-quarter 2024 earnings call that he expects business to improve when the housingmarket 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.
homebuyers as a strong economy bolsters the housingmarket, according to the Realtor.com 2024 Forecast Update. Housing inventory on the rise Inventory shortages, a significant hurdle for the housingmarket in recent years, appear to be easing. Mortgage relief is on the horizon for U.S. This is up from the 0.9
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.
People seeking more space to accommodate working from home led to a minor outflow of residents that put the housingmarket on pause. coastal markets are seeing that, and generally what starts on the coasts will make its way here, usually in 12 to 18 months.” I know that some of the U.S.
Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housingmarket today looks a lot like what we saw in late 2022. I give more details in this interview on why I believe the housingmarket dynamics shifted on Nov. So let’s take a look at the playbook.
Despite the recent rise in mortgage rates, early indicators suggest that the housingmarket 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% year over year and 2% compared to September.
“In a potentially improving housingmarket, we are excited to build on our competitive advantages, accelerate our strategic agenda, and deliver even greater value to Anywhere affiliated agents, franchisees, and shareholders in the year ahead.” According to the National Association of Realtors , 4.09
The number of first-time homebuyers made up 32% of all buyers in 2023, according to a report released by the National Association of Realtors. Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest.
A new report from the National Association of Realtors (NAR) surveyed buyers and sellers on what they want from their real estate agents. The survey also shed light on the different methods by which agents are marketing homes for sale.
Existing home sales finished 2024 on a high note after a dismal year for the housingmarket. 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.
As high mortgage rates reshape the housingmarket, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. Census Bureau.
Davis believes that by aligning with the right lender and expanding product offerings, originators can position themselves as valuable partners in a shaky market. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Helping Realtors close more transactions is invaluable.
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housingmarket, but the trade group has revised its outlook. million in 2025.
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