Housing Wire

MARCH 4, 2025

The Department of Justice ( DOJ ) raised some eyebrows when it hinted that buyer representation agreements, if used as mandated in the National Association of Realtors (NAR) commission lawsuit settlement, may be a source of future antitrust litigation based on its statement of interest in the Sitzer/Burnett suit. And that is positive.

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Housing Wire

JANUARY 9, 2025

But survey data released Thursday by Bright MLS found that some standards were top priorities for some buyers. According to the survey, more than half of prospective buyers ranked the condition of the home as the most important factor in their home search. More specifically, 56.1% Another 37.8% and 35.6%, respectively.

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Housing Wire

JANUARY 20, 2025

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. Buyers and sellers are ready to step away from the spreadsheet and get on with living their lives.

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Staging Finance Mortgages As-is 370

Housing Wire

APRIL 9, 2025

Florida was the top choice for out-of-state buyers from nine states, including populous Texas , which followed as the second-most sought after state, while Washington ranked third. When you have a big influx of interest from out-of-state buyers, this demand can send house prices through the roof, Schulz said. However, 10.3%

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Housing Wire

APRIL 3, 2025

However, some buyers appear to be adapting. Redfin agents report that buyers who can afford to purchase are acting now before costs rise further. While high prices deter some buyers, more sellers are entering the market, giving buyers more options. Home sale prices have climbed 3.4% New listings rose 12.7%

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Housing Wire

MARCH 21, 2025

Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent. Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this month.

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Housing Wire

OCTOBER 28, 2024

In her objection, Monestier claims there is “ample evidence” of agents asking buyers to sign modified buyer representation agreements, which allow the buyer’s broker to increase their agreed-upon compensation to whatever the seller is offering. “In In a document filed on Monday in U.S. The objection is 132 pages in length.

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Housing Wire

APRIL 21, 2025

home sellers offered concessions to buyers in near-record numbers during the first quarter of 2025 as rising housing costs , high mortgage rates and growing economic uncertainty continued to reshape the real estate landscape. Seller are turning to concessions more frequently as buyers grow more cautious. Thats up from 39.3%

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Housing Wire

DECEMBER 30, 2024

There are a few markets in the South where home prices have inched down recently and every bit helps buyers but those prices have not adjusted much, and theres no sign of any major correction in the works. All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again!

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Housing Wire

OCTOBER 29, 2024

Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers.

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Housing Wire

OCTOBER 24, 2024

“I knew things were going down, but I didn’t know how bad it was until people started knocking on our door.” Now Sandoval, who was featured earlier this year in a Wall Street Journal article , is the one knocking on the doors of homeowners facing foreclosure or other distressed circumstances. There is nothing like that face to face.

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Housing Wire

OCTOBER 14, 2024

Since we now need to have a signed agreement with our buyers before we take them on tours, we have an earlier opportunity to have a longer conversation with them and to sell ourselves. I predict these “buyer presentations” are going to start having as much depth to them as our listing presentations. We need to own it, too.

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Industrial As-is Agents Marketing 490

Housing Wire

NOVEMBER 20, 2024

home seller paid a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January. home seller paid a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January. million members in 2025, at 8% smaller decline than many had expected.

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Housing Wire

DECEMBER 30, 2024

Some agents attribute stale inventory growth to unreasonable prices that repel would-be buyers from pursuing certain listings. High inventory levels contribute to another problem as active listings are remaining unsold for longer periods. The report focuses on homes that were on the market for at least 60 days at end of the month.

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Mortgages Brokerage Sales Marketing 488

Housing Wire

APRIL 1, 2025

NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market. NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market.

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Housing Wire

APRIL 7, 2025

We have two competing forces that will impact home buyer demand. Mortgage rates , of course. If rates fall, that obviously helps demand. Which force wins? This is tricky because we havent had to worry about the economy for 15 years. In housing, it has been an interest rate game for a very long time. Or, what if we dont see impact at all?

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Marketing Sales Mortgages As-is 437

Housing Wire

OCTOBER 15, 2024

Brokers and industry leaders say things are still a little chaotic, but they aren’t nearly as bad as some feared. This has felt a lot more like Y2K versus some other stuff that we were warned about but were not prepared for, which is what I wanted,” said Leo Pareja , the CEO of eXp Realty. “My

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Housing Wire

NOVEMBER 7, 2024

Now, soaring premiums demand more careful review and sticker shock is prompting buyers to walk away from deals, especially in states like Florida and Texas. Climate change is increasing the intensity and severity of natural disasters. Their study included data across more than 9,000 ZIP codes.

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Housing Wire

JANUARY 9, 2025

On the balance, there are still more buyers with their eye on a purchase than there are houses on the market. I would say there are more buyers out there now than there were pre-pandemic when the rates were lower. Despite the frequency of departures, real estate agents in the state say the housing market remains strong. as of Jan.

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Marketing Agents As-is Mortgages 418

Housing Wire

MARCH 4, 2025

First-time buyers represented 61% of all mortgage offers on the LendingTree platform in 2024. The company also reported that these buyers tend to have lower credit scores, down payments and loan sizes than repeat buyers. March figures to be a crucial month for gauging consumer interest in the 2025 housing market.

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Mortgages Sales Finance Closing 479

Housing Wire

MARCH 3, 2025

Home staging is your chance to transform a property into a home that buyers cant wait to get their hands on. Buyers want to be able to see how a home will work for them. The best home staging tips help you create a welcoming environment that will make buyers feel right at home. Why is home staging important?

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Housing Wire

OCTOBER 25, 2024

The for-sale market, on the other hand, is offering opportunities for buyers heading into the fall, with more than 1 in 4 sellers cutting prices. With inventory up 22% compared to a year ago, buyers are gaining bargaining power. Many renters think they’re saving money by renting, but long term, that might not be true.

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Pre-approval Loans Mortgages Equity 476

Housing Wire

OCTOBER 29, 2024

In the latest episode of the RealTrending podcast , Amy Stockberger — broker-owner of Amy Stockberger Real Estate — joins Tracey Velt for a tantalizing conversation that covers her teamerage’s unique “Lifetime Home Support” model and other ways that agents can provide value to home buyers and sellers. Stockberger: It’s very omnipresent.

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Agents Industrial As-is Marketing 459

Housing Wire

OCTOBER 18, 2024

Buyers are not required to prepare their current home for sale until after they move into the new property. Calque also offers buyers a guaranteed offer on their current home to reduce risk. “It In other words, if a buyer can sell their home in a specific timeline, the contingency is pulled and the buyer can purchase the property.

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Purchase and sale agreement Mortgages Equity Finance 448

Housing Wire

MARCH 3, 2025

Buyers, on the other hand, view earnouts as a risk mitigation tool to avoid paying too much, particularly if there is uncertainty regarding future performance of the business. Earnouts are contingent payments based on Buyer achieving future financial targets that may never happen.

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Purchase and sale agreement Closing Industrial Mortgages 413

Housing Wire

APRIL 18, 2025

The cost of upgrades One of the biggest mistakes buyers make is underestimating the cost of upgrades. Buyers often assume what they see in the model home is what they will get, however, model homes are designed to showcase high-end upgrades. Buyers should ensure they have direct access to their building superintendent to stay informed.

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Purchase and sale agreement New Construction Construction Closing costs 315

Housing Wire

FEBRUARY 24, 2025

There are obviously fewer buyers who can afford these prices. In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. People often ask, How can it be possible that home prices are still climbing even though the cost of money is so much higher? Ive called this a compression in home prices. There are 28.7%

Sales 492

Sales Mortgages As-is Marketing 492

Housing Wire

NOVEMBER 21, 2024

Curb appeal sets the tone for potential buyers before they even step inside, shaping how welcoming and well-maintained a property feels. With just a few thoughtful updates, you can make your listing stand out and leave a lasting impression on buyers and even turn nearby neighbors into clients.

Design 370

Design Staging As-is Agents 370

Housing Wire

MARCH 24, 2025

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. Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow.

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MLS Sales New Construction Construction 501

Housing Wire

FEBRUARY 3, 2025

Under each key heading, the checklist goes into great detail to uncover potential issues that could devalue the business, expose a buyer to liability, or even jeopardize the transaction. A buyer wants the right to use those names and marks with superior title from the rest of the world. Patent & Trademark Office.

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Due diligence Purchase and sale agreement Industrial Mortgages 418

Housing Wire

JANUARY 22, 2025

While stubbornly high mortgage rates are keeping a lid on buyer demand and home value growth, and a response from builders has kept multifamily rent growth stable for many months, rents for detached single-family homes continue to accelerate. Zillow analyzed the 50 largest U.S. year over year and 26.2% higher than pre-pandemic levels.

Construction 448

Construction Mortgages Sales Marketing 448

Housing Wire

MARCH 25, 2025

-based Consumer Policy Center (CPC) warns that the common practice of percentage-based real estate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It. The issue is backed by academic research.

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Agents Title Closing Sales 362

Housing Wire

DECEMBER 3, 2024

Once the process starts, nearly half of home buyers report shedding tears at some point. Fortunately, home buying doesn’t have to remain confusing for new buyers. Zillow offers a robust monthly cost calculator to help prospective buyers budget for monthly payments. How much home can I afford?

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Finance Technology Loans Brokerage 397

Housing Wire

OCTOBER 31, 2024

The business practice changes outlined in NAR’s settlement have been a massive positive for agents, according to Kelly, as it has become more important for them to talk with buyer clients at the start of the transaction process. It’s been one year since the Sitzer/Burnett verdict was rendered in Missouri.

Brokerage 448

Brokerage Agents As-is Industrial 448

Housing Wire

NOVEMBER 4, 2024

The hardest position to take in analyzing the housing market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising strength. That’s where we are right now. Home sales are significantly better than they were last year at this time. The market is different now.

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Sales Staging Mortgages Closing 396

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. Buyers have also been less active despite the Federal Reserve ’s 50-basis-point cut to benchmark rates last month. But supply varies widely by location, Auction.com noted.

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