Housing Wire

FEBRUARY 5, 2025

The loan profile of buyers during the post-2010 expansion is excellent. Since 2020, the drastic increase in home prices and mortgage rates approaching 8% made it even more challenging for younger buyers to enter the housing market. This leaves a lot of homeowners in place. However, life often presents unexpected challenges.

Loans 433

Loans Mortgages Marketing As-is 433

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.

Staging 370

Staging Finance Mortgages As-is 370

Housing Wire

DECEMBER 20, 2024

The combination of the 2024 presidential election , anticipated future rate cuts, mortgage rate volatility and housing affordability challenges have led more potential homebuyers to stay on the sidelines. But a new report from Zonda says that after the election, consumers have started to regain their confidence in home shopping.

Sales 386

Sales Construction Mortgages Marketing 386

Housing Wire

MARCH 7, 2025

Think of it as ROYGBIV, but instead of helping third graders learn color theory, it will help you convert more cold buyer leads with less stress. Its powerful stuff, especially for new buyer agents. The LPMAMA script cuts right to the heart of a buyers needs, wants, dreams and financial ability to achieve them. Short on time?

Agents 234

Agents Staging Finance Land 234

Housing Wire

OCTOBER 28, 2024

It was based on the premise that buyer brokers were using commission rates posted on the [ multiple listing service ] to steer buyers to properties that provided higher levels of compensation. … The settlement makes sense — but only on paper. Monestier’s objection also looks at the required buyer representation agreements.

Pre-approval 468

Pre-approval Agents Industrial As-is 468

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. Despite the initial concerns, many industry professionals say first-time buyers are currently faring no worse than other buyers — for now, at least.

Marketing 448

Marketing Agents Closing costs Industrial 448

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?

Staging 405

Staging Agents Branding As-is 405

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. First-time buyers dont have that problem.

Mortgages 467

Mortgages Sales Finance Closing 467

Housing Wire

OCTOBER 24, 2024

That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan. But some segments of pre-foreclosure buyers are purchasing at much bigger discounts. Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing.

Bankruptcy 448

Bankruptcy Equity Hard money loan 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.

Purchase and sale agreement 404

Purchase and sale agreement Closing Industrial Mortgages 404

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. At the end of October, the narrative changed; Redfin reported that commissions paid to real estate agents representing buyers remained essentially unchanged.

Agents 476

Agents Brokerage Sales Staging 476

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. The typical rent is 3.4% Zillow Home Loans’s Buyability tool is a great way to kick off that conversation.

Pre-approval 476

Pre-approval Loans Mortgages Equity 476

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?

Finance 396

Finance Technology Loans Brokerage 396

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. Itll keep falling this spring with fresh inventory and new buyers for the next few months. Learn more here.

Marketing 543

Marketing Sales Mortgages As-is 543

Housing Wire

OCTOBER 15, 2024

17 deadline, much of the industry concern was over how home buyers and sellers would react. Would sellers suddenly stop offering buyer’s agent compensation? Would buyers refuse to sign buyer agency agreements and ultimately decide to go unrepresented? Approaching the Aug.

Brokerage 448

Brokerage Agents Industrial As-is 448

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 369

Design Staging As-is Agents 369

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.

Agents 457

Agents Industrial As-is Marketing 457

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.

Purchase and sale agreement 448

Purchase and sale agreement Mortgages Equity Finance 448

Housing Wire

MARCH 6, 2025

In the newest episode of the RealTrending podcast , host Tracey Velt speaks with Lon Welsh, founder and managing broker of Colorado-based Your Castle Real Estate. They discuss Your Castle’s origins, real estate agent retention strategies and the use of artificial intelligence (AI). This conversation has been edited for length and clarity.

Brokerage 234

Brokerage Agents As-is Industrial 234

Housing Wire

OCTOBER 23, 2024

While the uptick in inventory is certainly a positive for buyers, NAR’s report found they are continuing to contend with rising home prices. Moderating home price increases are welcome news for home buyers,” Yun said. In September, the median sales price for an existing home was $404,500, up 3% from a year ago.

Sales 457

Sales Investor Development Mortgages 457

Housing Wire

JANUARY 27, 2025

In many markets, there was simply more new home inventory and some buyers who might have wanted to purchase an existing home were instead looking at new construction, said Bright MLS Chief Economist Lisa Sturtevant in a statement. While existing home sales fell to a near 30-year low in 2024, new home sales continued to increase.

Sales 476

Sales New Construction MLS Mortgages 476

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. Data from Altos Research supports Feinsteins observations. as of Jan. 6, compared to a score of 44.64 a year ago.

Marketing 418

Marketing Agents As-is Mortgages 418

Housing Wire

FEBRUARY 27, 2025

While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Your listing description allows you, as the listing agent, to showcase the property’s best features in a way that reaches potential buyers on a deeper level.

Renovation 360

Renovation Agents MLS Equity 360

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.

Industrial 478

Industrial As-is Agents Marketing 478

Housing Wire

MARCH 13, 2025

RealScouts platform matches both our exclusive and new inventory to our buyer clients in real time, creating exposure and urgency. This gives our buyers a competitive edge by giving them access to listings faster while allowing our sellers to control how their listings are shared and distributed.

Brokerage 338

Brokerage Technology MLS Design 338

Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. While the median age of buyers gradually increased over the course of two decades, the COVID-19 pandemic sped it up.

Equity 345

Equity Mortgages Marketing Agents 345

Housing Wire

FEBRUARY 27, 2025

Redfin agents in the state say that its now a buyers market where sellers have to make concessions to bring buyers to the table. However, mortgage rates staying stubbornly around 7% are preventing many would-be buyers from entering the market. Active listings landed at 212,437 at the end of January, a staggering 19.4%

Sales 360

Sales Marketing Land Agents 360

Housing Wire

FEBRUARY 28, 2025

The trend is most pronounced in Atlanta, Las Vegas, Houston, and parts of Florida , where increasing housing supply is leading to a buyers market. With less competition, some buyers are backing out during the inspection period, hoping for a better deal. Some buyers are getting cold feet with everything going on in the world.

Sales 328

Sales Purchase and sale agreement Inspection Agents 328

Housing Wire

JANUARY 30, 2025

However, with mortgage rates rising in December and pushing above 7% in January, buyers and sellers are hesitant. “There remains significant pent-up demand in the housing market, but what could bring more home buyers out in the near-term? The most obvious factor that would draw buyers into the market is a drop in mortgage rates.

Sales 417

Sales MLS Mortgages Marketing 417

Inman

MARCH 4, 2025

Six months after commission lawsuit changes took effect, compliance expert Summer Goralik writes, uniformity in implementation and guidance remains elusive, making industry confusion the norm and compliance an ever-moving target.

Industrial 177

Industrial MLS Brokerage Agents 177

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.

Marketing 482

Marketing Banks Development Mortgages 482

Housing Wire

NOVEMBER 7, 2024

Wacksman: That’s the Zillow app for a buyer and a seller. What does the buyer or seller want? One has to keep up with where the buyer and seller is going. For an agent, that’s a higher-intent lead, a more educated buyer in all these regulatory changes. You also have a more educated buyer on how commissions work.

Technology 366

Technology Staging Agents Brokerage 366

Housing Wire

FEBRUARY 20, 2025

In contrast, first-time buyers accounted for only 44% of the market, down from 50% in 2023. “Despite affordability challenges, Black first-time home buyers are demonstrating a strong commitment to homeownership , a key driver of generational wealth,” Zillow senior economist Orphe Divounguy said in a statement.

Lending 343

Lending Marketing Closing As-is 343

Housing Wire

DECEMBER 30, 2024

Some agents attribute stale inventory growth to unreasonable prices that repel would-be buyers from pursuing certain listings. There is some hope for potential buyers and sellers if mortgage rates decline. Austin (62.4%), Fort Lauderdale (62.3%), San Antonio (60.3%) and Orlando (59.9%) rounded out the most stagnant metro areas.

Mortgages 488

Mortgages Brokerage Sales Marketing 488

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. Are those agreements assignable to the buyer?

Due diligence 416

Due diligence Purchase and sale agreement Industrial Mortgages 416