Housing Wire

DECEMBER 18, 2024

Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. The key points of this report indicate that the Federal Reserve has overlooked the housing market for years. We will soon find out. percent (10.6 percent (11.7

Construction 509

Construction Residential Sales Mortgages 509

Housing Wire

MARCH 10, 2025

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. House Bill 1757 extends these allowances to commercial buildings in primarily residential zones. The measure passed overwhelmingly in a vote of 95-2.

Commercial 254

Commercial Residential Construction Finance 254

Housing Wire

NOVEMBER 22, 2024

But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Gerli told HousingWire in an emailed response that normalizing market conditions would be indicated by a slow and gradual decline in rents. by September.

Marketing 370

Marketing Construction As-is Residential 370

Housing Wire

JANUARY 29, 2025

The Federal Reserve didnt raise or cut interest rates today, but the meeting highlighted something I have been emphasizing since 2022: the Fed is shaping its policy around the labor market more than inflation. However, the Fed only cut rates when they believed the labor market was softening in the second half of 2024.

Marketing 372

Marketing Residential Construction Mortgages 372

Housing Wire

APRIL 3, 2025

The stock market reacted negatively to the news regarding tariffs, resulting in significant selling and a shift towards the bond market. In this week’s Housing Market Tracker , I mentioned that the 10-year yield level was stubbornly resistant and that we needed bad news to break through it.

Mortgages 533

Mortgages Residential Construction As-is 533

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. These strong fund flows are resulting in tighter credit spreads, higher prices, and an increased focus on sourcing new originations.

Residential 488

Residential Equity Mortgages Purchase and sale agreement 488

Housing Wire

MARCH 18, 2025

However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. For those looking for recession signals , a decrease in the number of residential construction workers is usually an early sign. Why haven’t the homebuilders started doing layoffs? This is 11.2

Construction 392

Construction Residential Sales New Construction 392

Housing Wire

JANUARY 10, 2025

While the unemployment rate was up compared to the start of the year, the job market ended the year up, with 256,000 jobs added to the economy in December according to data released Friday by the U.S. Residential building construction added 3,500 jobs from November, while residential specialty trade contractors added just 500 positions.

Residential 396

Residential Construction MLS Mortgages 396

Housing Wire

MARCH 3, 2025

The company also notes that it will work with Stone Points leadership to expand and improve the agent branding and marketing resources as well as it offers, as well as the educational, coaching, data and technology resources it offers its franchisees, brokers and agents. The monetary terms of the deal were not disclosed.

Technology 448

Technology Residential Commercial Brokerage 448

Housing Wire

JANUARY 10, 2025

Now, the labor market is getting softer from its torrid pace of job creation and wage growth from 2021 to the end of 2023, but the labor market’s softening is right in line with my 2024 forecast for jobs. First, let me briefly explain my model and how I viewed the labor data going into 2024.

Mortgages 488

Mortgages Residential Construction As-is 488

Housing Wire

MARCH 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. I believe the concerns for the market at this point are dramatically related to geographics. As home prices have continued to rise, affordability has only worsened. ADU is a big requirement now.

Debt-to-income ratio 289

Debt-to-income ratio Loan Officer Marketing Loans 289

Housing Wire

DECEMBER 2, 2024

The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” The deal is an execution for captive capital, but the Wrightwell platform has the potential to assist any market participant with their real estate needs, DePalma added. according to a statement from Wrightwell. “We

Finance 397

Finance Residential Commercial Construction 397

Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. ” Low-priced homes — those priced in the bottom one-third of their local market — comprised 45.7% As the U.S. Investors purchased $38.8

Investor 487

Investor Residential Brokerage Mortgages 487

Housing Wire

JANUARY 27, 2025

Todays new home sales report beat market expectations, just like last weeks existing home sales report. However, a detailed analysis of the data explains why housing permits continue to remain at recession-level figures. Builders are struggling to get clarity on how many homes they can sell in this rate environment in the future. percent (19.7

Sales 476

Sales Construction Mortgages Residential 476

Housing Wire

NOVEMBER 15, 2024

While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. The discounts come as homebuilders’ confidence in the market remains muted. That’s right, there are Black Friday home sales!

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

JANUARY 9, 2025

RLTY Capital acquires pending residential and commercial commissions, allowing agents to access that money on an expedited timeline. The funding is led by Altriarch, a credit asset management company that invests in fragmented markets. The funding gives agents and brokers access to all of RLTYcos services effective immediately.

Commercial 396

Commercial Investor Residential Agents 396

Housing Wire

OCTOBER 15, 2024

1 and Sept 30 of this year based on prices for closed residential sales. Homebuyers in these locales boosted the luxury real estate market by 70%, according to the report. A recent report from real estate data provider PropertyShark ranked California , New York and Florida as the states with the most expensive ZIP codes in 2024.

Residential 448

Residential Sales Closing As-is 448

Housing Wire

DECEMBER 17, 2024

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. The rule will implement a congressional mandate to establish consumer protections for residential PACE loans.

Loans 395

Loans Mortgages Finance Lending 395

Housing Wire

OCTOBER 16, 2024

Understanding that real estate housing markets are hyperlocal, the RealTrends Verified City Rankings represent the newest evolution of RealTrends agent and team rankings. reflecting the importance of localized expertise in today’s evolving market. Production data represents residential transactions only.

Agents 454

Agents Commercial Land Branding 454

Housing Wire

DECEMBER 12, 2024

Chris Raveis, the company’s president of residential sales, welcomed the JRE team in a statement. ” Grimshaw and and Callahan expressed their excitement over joining William Raveis and tapping into the company’s robust network of agent support across multiple markets. “We welcome JRE to our family company.

Brokerage 367

Brokerage Agents Residential Technology 367

Housing Wire

JULY 15, 2024

For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. While there are many elements of this market that are extrapolatable to other markets, I will stick with what I know best. To some, any suggestion that AI is anything but liberatory is heresy.

Residential 434

Residential Finance Technology Staging 434

Housing Wire

DECEMBER 18, 2024

Platinum brings a 2,500-agent team with a presence in markets across Kansas, Oklahoma, Iowa and Missouri. . Meanwhile, Braklow highlighted an agent-centered approach to marketing and education at United as major factors behind partnering with the real estate giant. The financial terms of the merger were not disclosed.

Brokerage 395

Brokerage Principal Branding Agents 395

Housing Wire

JANUARY 9, 2025

Like those settlements, the parties here have negotiated proposed Settlements that resolve on a nationwide basis Plaintiffs claims for damages and injunctive relief against the Settling Defendants for their alleged anticompetitive practices in the market for residential real estate brokerage services, the filing states.

Brokerage 417

Brokerage Residential Development As-is 417

Housing Wire

AUGUST 2, 2024

In addition to the slowing job growth, the cooling labor market conditions were also evident in a 0.2 When broken out, the residential construction sector added 31,700 jobs month over month, while the number of residential specialty trade contractors rose 7,400 from a month prior. Data from the U.S. million people unemployed.

Mortgages 493

Mortgages Marketing Construction Residential 493

Housing Wire

MARCH 13, 2025

As the 2025 spring homebuying season begins, the national housing market continues to struggle with supply shortages. But increased activity in residential construction , particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First American Financial Corp.

Construction 287

Construction Residential New Construction Land 287

Housing Wire

NOVEMBER 19, 2024

Formerly known as a collective of McEnearney Associates and Middleburg Real Estate/Atoka Properties , the firm’s agents serve both residential and commercial real estate clients across the Greater D.C. The Corcoran Group is making moves in the Washington, D.C., metropolitan area. area’s urban, suburban and rural communities.

Principal 370

Principal Commercial MLS Branding 370

Housing Wire

MARCH 18, 2025

These changes perpetuate the status quoalleged to be the product of collusion among competing brokers through MLS PINand neither protect nor restore competition to this important market. The DOJ claims that it has been fighting to inject competition into residential real-estate markets. million to $3.95 million to $3.95

MLS 396

MLS Residential Agents As-is 396

Housing Wire

OCTOBER 24, 2024

We had no growth in residential construction work hiring earlier in the year when rates were higher. However, even with that reality, when mortgage rates were at 7.50% earlier in the year, housing starts and permits were heading lower, single-family permits were heading lower and the builder’s confidence was falling. percent (±14.7

Sales 488

Sales Construction Mortgages Residential 488

Housing Wire

MARCH 7, 2024

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. My guess is we’ll do 10 or 11 deals this year in the $5.5

Investor 448

Investor As-is Commercial Equity 448

Housing Wire

JANUARY 21, 2025

Saxton has over two decades of experience working in residential real estate technology, digital marketing and management consulting. The executive changes at RE/MAX continue. He most recently served as the executive vice president of enterprise solution at T3 Sixty. The company is currently looking for someone to fill that position.

Technology 368

Technology Brokerage Branding Residential 368

Housing Wire

MAY 23, 2024

The future production of housing units at risk I am bringing this up because economic recessions tend to see residential construction workers lose their jobs first. As you can see in the chart below, residential construction workers aren’t losing their jobs yet. While that was happening, we also had 5-unit permits expand as well.

Sales 496

Sales Marketing Construction Residential 496

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

Equity 360

Equity Lending Residential Branding 360

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. Let’s dive in!

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

Marketing 465

Marketing Residential Technology Branding 465

Housing Wire

FEBRUARY 9, 2024

In an attempt to reach residential listing portal supremacy, CoStar Group (the parent company of Apartments.com and Homes.com ) will air four advertisements during this Sunday’s broadcast of Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs. The firm is no stranger to large marketing spends.

Commercial 476

Commercial Marketing Residential Branding 476

Housing Wire

SEPTEMBER 9, 2024

Miami stands as one of the most dynamic and valuable real estate markets in the United States. While not yet reaching the trillion-dollar mark, Miami ‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors.

Agents 463

Agents Marketing Commercial Residential 463

Housing Wire

SEPTEMBER 6, 2024

In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This means that the Fed will need to create such a slowdown in the labor market that nobody will question their action when they pivot. In the last three months, things have cooled down in the labor market.

Marketing 514

Marketing Construction Residential Mortgages 514