Sat.Jan 18, 2025 - Fri.Jan 24, 2025

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Home sales are stalled with 7% mortgages

Housing Wire

New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Those sales gains have evaporated and even reversed. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago.

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Metrics | What Poetry and Data Analysis Have in Common

Appraisal Buzz

What Poetry and Data Analysis Have in Common We will call this place our home. The dirt in which our roots may grow Though the storms will push and pull We will call this place our home. We’ll tell our stories on these walls. Every year, measure how tall And just like a work of art We’ll tell our stories on these walls. Verses 1 and 2 of North, by Sleeping At Last They may seem worlds apart, but poetry and market analysis have something in common.

Appraisal 221
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Brokerage Beat: News from Hanna, Real, CB, C21, United, more

Real Estate News

Howard Hanna merger adds 400 agents; Spyglass Realty joins Real; CB and C21 gain top teams in the Northeast; United Partners adds commercial division; more.

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What Time is It? Part 9

George Dell

It is clear: market analysis and time adjustments are more important than ever, and the appraisal and review requirements are critical to responsible valuation, compliance, and risk management. Time adjustments and market analysis was the topic presented in our TYN2K Webinar January 15, 2025. Fannie Maes Lyle Radke was our presenter, followed by a two-hour […] The post What Time is It?

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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Capitulation: Why buyers and sellers are ready to move

Housing Wire

Inaction is easy. Its quiet; unwritten; immune from critique. It sits undone; confidently static. But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopaths diary entry: We could have watched you grow up, but your grandpa and me werent willing to give up our 2.875% rate to move closer to you. Your mother and I could have sent you to good schools, but we just didnt have the energy to problem-solve a new monthly payment.

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More Trending

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MLS Milestones: Floor plans required in New Mexico; Texas MLS expands

Real Estate News

In a first for the industry, NMMLS mandates floor plans on all listings and hopes other MLSs will follow its lead. Plus, Waco Realtors joins NTREIS.

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Moving Out of Parental Homes is On Hold

Eyes on Housing

The worst on record rental affordability conditions, depleted excess savings of the pandemic era, and high mortgage rates halted the post-pandemic trend of young adults moving out of parental homes. The share of adults ages 25-34 living with parents or parents-in-law hovered just above 19% in 2023, stagnant from 2022, according to NAHBs analysis of.

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All the ways the wildfires could make LA housing more expensive

Housing Wire

The sight of beautiful houses in Los Angeles transports you to an idyllic version of the city found in classic Hollywood movies. But the harsh realities of its pricy housing market more resemble the citys dark underbelly reflected in a David Lynch LA noir film. And the wildfires ripping through Los Angeles could make its housing affordability crisis worse.

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The 2024 Portland Region Single-Family Housing Market in Review

Portland Appraisal Blog

Via Wikimedia Commons 2024 has come and gone in a flash! The housing market has been digesting high interest rates for a couple of years now. While interest rates have been a net drag on the market, 2024 did have some bright spotsespecially compared to 2023. Lets take a look at how the Portland Region housing market performed as a whole and by individual county.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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5 big — and very bold — predictions for the mortgage industry in 2025

Real Estate News

From 10% mortgage rates to off-planet loans, these scenarios face long odds but they may not be as far-fetched as they seem.

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When divisive political rhetoric crosses the fair housing line

Inman

Costs and lawsuits are on the rise. Make sure that your marketing and practices don't set you up for a fair housing violation or accusation with help from Dr. Lee Davenport.

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How gen AI is making real estate cybercrime easier than ever

Housing Wire

Cybercrime losses rose to a record high of $12.8 billion in 2023, according to the FBI’s Internet Crime Report , and 2024 saw more of the same. Consider these stats: FundingShield reported that 45.5% of loans processed in Q4 2024 had issues that lead to wire fraud risks. NDP Analytics reported that in just one month in 2024, 19% of firms reported a seller impersonation fraud attempt.

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Demystifying the Residential Appraisal: What Homeowners Need to Know

Appraisal Partners Blog

Introduction The residential appraisal is a cornerstone of the real estate world, yet it’s often shrouded in mystery for many homeowners. Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation?

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LA fires spark a call for real estate ‘unity’

Real Estate News

Industry veterans and pro musicians channel their hopes into a song thats meant to point people toward positive change in a time of "so much hate.

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Inside the habits of real estate’s AI power users: Inman Intel survey

Inman

Agents told Intel that artificial intelligence has "significantly" boosted their productivity while others reported less promising results. See what tools they're using that other agents are not.

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Treasury outlines rising cost of homeowners insurance

Housing Wire

A comprehensive report on homeowners insurance released by the Treasury Department this week outlined the cost of climate challenges on homeowners. Notably, the report found that homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with the lowest climate risks and had nonrenewal rates that were 80% higher than those inlow-risk areas.

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The Intricacies of Commercial Appraisals: A Guide for Investors and Business Owners

Appraisal Partners Blog

Introduction While residential appraisals focus on single-family homes and personal residences, commercial appraisals delve into the complex world of income-producing properties, business operations, and investment opportunities. Commercial appraisals are a very different animal and require a unique set of skills and methodologies. For investors, business owners, lenders, and anyone involved in commercial real estate, understanding the intricacies of these valuations is absolutely paramount.

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Keller Williams, LPT start the year with recruiting wins

Real Estate News

While the firms are operating at very different scales, they're each focused on growth, with KW gaining ground in Toronto and LPT nabbing 11 Livian teams.

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Honor Martin Luther King Jr. by promoting housing justice

Inman

This Martin Luther King Jr. Day, Julia Lashay Israel encourages real estate professionals to honor Dr. Kings legacy not just with words but with action by promoting fair housing and homeownership.

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Moment of truth: 2025 RealTrends Verified rankings are open for submission

Housing Wire

The time has come to highlight game-changing real estate professionals who adhered to the gold standard of brilliance in 2024. RealTrends Verified has opened the submissions period for its 2025 rankings, alongside a series of big-time enhancements. This year’s rankings mark a new chapter in the journey for RealTrends Verified and real estate professionals won’t want to miss out.

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[Video] Customer Story: Industrial Specialty Services (ISS)

GoForrmz

The biggest benefit of having GoFormz is the visibility of our data across Acumatica. Previously it was captured manually and stored in various locations. If you didnt have access to those locations, you didnt have access to the forms. — Kimberly Malone, Systems Administrator, Industrial Specialty Services About Industrial Specialty Services Based in Deer Park, Texas, Industrial Specialty Services caters to customers in the downstream oil and gas sector, focusing on leak sealing, mainten

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Investor Sentiment Quickly Turns as Home Sales Bottom, Inventory Rebounds

BiggerPockets

Weve got great news for investors, agents, lenders, and first-time homebuyers: housing inventory is about to risebig time.

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Sign up now for the Canadian Mortgage Summit in Vancouver

Mortgagebroker News

Complimentary industry event is heading west

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Lower CEO Dan Snyder explores acquisitions, technology and growth plans

Housing Wire

In this weeks episode of the PowerHouse podcast, HousingWire President Diego Sanchez talks with Lower CEO Dan Snyder about the digital lenders recent acquisition of Neat Labs , its in-house tech development efforts and coaching programs for top producers. This conversation has been edited for length and clarity. To start the conversation, Sanchez asks a question about Lowers most recent acquisition.

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HUD Named Top 10 Best Agencies for Customer, Employee Experience 

Appraisal Buzz

According to the findings of a recent research conducted by the Partnership for Public Service , the U.S. Department of Housing and Urban Development (HUD) ranks among the top 10 federal agencies for employee and customer experience. HUD placed in the top 10 for customer and employee experience out of 21 Cabinet-level and sizable organizations that were examined.

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Middle-School Teacher Makes $100K in 6 Weeks on Her FIRST Deal

BiggerPockets

Laura Sides had zero real estate investing experience not too long ago. But, within just six weeks, she made $100,000 on her first real estate deal.

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Feds ruled out home equity tax – but Canadians were polled on issue

Mortgagebroker News

Did the government consider introducing the measure?

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Mortgage rates fell last week. Can they go lower?

Housing Wire

Mortgage rates fell last week after a brutal few months of rising rates. The question now is whether rates can keep going lower, or if last week was just a pause in the mortgage rate storm before the spring home-buying season gets into full swing. 10-year yield and mortgage rates My 2025 forecast includes: A range for mortgage rates between 7.25%-5.75% A range for the 10-year yield between 4.70%-3.80% After the most recent jobs report , the 10-year yield exceeded my peak level forecast for 2025.

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How Trump’s vow to deport millions of immigrants will impact housing

Inman

President-elect Donald Trump promised to begin deporting millions of undocumented immigrants on Inauguration Day. Here's how his plan could disrupt housing starts and reduce affordability.

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How to Make More Passive Income with Fewer Rentals (& ACTUALLY Retire Early)

BiggerPockets

Want to retire early? Then, STOP buying rental properties.

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Quantitative easing policies 'should remain exceptional' – BoC

Mortgagebroker News

Crisis-era measures under fire as economy faces uncertainty

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Trump’s executive orders and the policies that could affect housing

Housing Wire

What are President Trumps priorities for housing in his second term? That’s the burning question for professionals in real estate, mortgage, title, appraisal and homebuilding and the answer started to take shape on the president’s first day in office Monday. The theme of Trumps inaugural address was focused on making America great again, but there was nothing in the speech that was specific to housing.