Housing Wire
DECEMBER 30, 2024
All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The elephant in the room is affordability. Home prices finished 2024 up a few percent nationally and mortgage rates are at their highest level in seven months back over 7% as we head into January.
Real Estate News
JANUARY 3, 2025
After remaining largely stable during the second half of 2024, recent threats from agents and local associations could result in further declines this year.
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Keeping Current Matters
JANUARY 1, 2025
This is the time when a lot of people take a moment to reflect and set their goals for this year.
Inman
DECEMBER 29, 2024
As the commission suits and settlements worked their way through the courts this year, Inman contributors focused on providing tangible takeaways and critical insights.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Marco Santarelli
DECEMBER 29, 2024
As we approach January 2025, many prospective homebuyers and existing homeowners are keenly interested in mortgage rate predictions. Most industry experts foresee a gradual decline in mortgage rates, providing a glimmer of hope for those navigating the complexities of the housing market. Let's explore what influences these rates, predictions for the coming month, and what these trends mean for buyers and sellers alike.
Housing Wire
JANUARY 3, 2025
The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires , a response to the recent pullback in policies by several major insurers. Announced by California insurance commissioner Ricardo Lara on Monday, the regulation is under administrative review and is set to take effect by the end of January, according to reporting by The Associated Press (AP).
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
JANUARY 3, 2025
If buying a home is on your goal sheet this year, here’s how to make it happen.
Inman
DECEMBER 30, 2024
According to Inman's 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region.
Calculated Risk Real Estate
JANUARY 3, 2025
It has been over 18 years since the housing bubble peak. In the October Case-Shiller house price index released earlier this week, the seasonally adjusted National Index (SA), was reported as being 76% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 11% above the bubble peak (and historically there has been an upward slope to real house prices).
Housing Wire
DECEMBER 28, 2024
The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. Although those 2019 levels represent a five-decade low before COVID-19, the market was still functioning better than it did from 2020 to 2023. During the first few years of COVID-19 recovery, there was an unhealthy imbalance, with too many buyers competing for too few homes.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Real Estate News
JANUARY 3, 2025
Louisiana agents are the latest to sue NAR over membership rules that limit MLS access and alleged reputational damage caused by scandals and lawsuits.
Keeping Current Matters
JANUARY 2, 2025
You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?
Inman
JANUARY 2, 2025
Five years after founding the LGBTQ+ Real Estate Alliance, Ryan Weyandt has stepped down from his leadership role with the group. The Alliance has named Mary Mancera as its interim chief executive officer.
Marco Santarelli
DECEMBER 29, 2024
Alright, let's dive right into the current Florida housing market. The market is showing signs of a shift , with increased listings and inventory, while prices are starting to cool off a bit. This means that for potential buyers who've been waiting on the sidelines, there are more opportunities than before, while for sellers, the market may not be as hot as it once was.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Housing Wire
DECEMBER 30, 2024
Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be. High inventory levels contribute to another problem as active listings are remaining unsold for longer periods. Although higher home prices , rising mortgage rates and other expenses are obvious factors, there may be more to the story. Rising supply is one of the housing market highlights of 2024, according to HousingWire Lead Analyst Logan Mohtashami , who said that housing inventory is
Real Estate News
JANUARY 3, 2025
A new presidential administration and a Supreme Court decision could affect how the Justice Department approaches the real estate industry in the new year.
Keeping Current Matters
DECEMBER 31, 2024
Turning a dream into reality starts with one thing: a plan.
Inman
JANUARY 2, 2025
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall.
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Marco Santarelli
JANUARY 2, 2025
Mortgage rates have risen today, January 2, 2025, making it essential for potential homebuyers to stay informed and make smart financial decisions. As per the latest data from Zillow , the average 30-year fixed mortgage rate has climbed to 6.70% , while the 15-year fixed rate has increased to 6.10%. The rising rates may present challenges, but understanding the trend can provide some clarity for those looking to navigate this complex market.
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 have remained mostly in a range over the past two years, fluctuating between 6% and 8%. In late 2022, global markets faced turmoil and economic indicators suggested a weakening economy, leading the 10-year yield to drop to around 3.37% befo
Real Estate News
DECEMBER 30, 2024
Its (still) all about home prices. Inventory is up, but much of it is stale, while flattening rents are keeping renters in their homes longer.
Keeping Current Matters
DECEMBER 30, 2024
Selling your house? Or just looking to increase the value and appeal of your home for when you do?
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
Inman
JANUARY 2, 2025
In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin's analysis.
Marco Santarelli
JANUARY 1, 2025
Mortgage rates have climbed to near 7% , perplexing many homebuyers and market observers, especially after recent Federal Reserve rate cuts. You'd think that after the Federal Reserve (the Fed) lowered interest rates, mortgages would get cheaper, but that's not what's happening. It's not as simple as the Fed changing rates and everything else falling into place.
Housing Wire
JANUARY 3, 2025
Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, and expanded activities in reverse that stemmed from acquisitions and expansions of existing divisions. Continuing this momentum into 2025 is a priority for many in the reverse mortgage space, according to conversations with leaders at various industry lenders.
Real Estate News
DECEMBER 28, 2024
Leaders of the nations 16th-largest MLS envision a broker-centric future and more privately owned multiple listing services. Weve now opened the door.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Estate Agent Today
JANUARY 1, 2025
Almost a third of residential property sales collapsed in 2024, research suggests.
Inman
DECEMBER 31, 2024
Here are 25 action steps to prepare you for the new year from trainer Rachael Hite. The key is figuring out what to pursue, purge and prohibit. This list will help.
Marco Santarelli
JANUARY 4, 2025
As we dive into Housing Market Predictions for 2025 and 2026 , experts are projecting a notable increase in home sales, with estimates showing a 9% increase for 2025 and an impressive 13% increase for 2026. This optimistic forecast is largely attributed to stabilizing mortgage rates, which are expected to hover around 6%. According to NAR Chief Economist Lawrence Yun , we might finally be turning a corner after a challenging period marked by high borrowing costs and low inventory.
Housing Wire
JANUARY 2, 2025
Rising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays. Mortgage demand declined 21.9% from two weeks earlier during the week ending Dec. 27, the MBA reported.
Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.
In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.
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