Housing Wire

JANUARY 20, 2025

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. Sales are slow, so inventory of unsold homes is building. Ill share some of those signals in a minute.

Sales 397

Sales Mortgages Staging Fixed-rate mortgage 397

Housing Wire

JANUARY 28, 2025

Real estate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process.

Closing 352

Closing Branding As-is Agents 352

Housing Wire

MARCH 14, 2025

TD Bank confirmed to American Banker that it intends to close 38 branches in 10 states and Washington, D.C. And a recent bulletin from the Office of the Comptroller of the Currency (OCC) show that Flagstar Bank is closing 24 branches in five states. The affected TD branches will close by June 5, the bank said.

Banks 365

Banks Closing Finance Mortgages 365

Housing Wire

FEBRUARY 19, 2025

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

Closing 372

Closing Due diligence Earnest money deposit Pre-approval 372

Housing Wire

JULY 23, 2024

Today’s existing home sales report shows that the existing home market is now almost balanced. We are very close to getting this balance nationally and in some markets we’re already there. regions posted sales declines. Year-over-year, sales waned in the Northeast, Midwest and South but were unchanged in the West.

Closing 493

Closing Sales Marketing Mortgages 493

Housing Wire

OCTOBER 18, 2024

New York Community Bancorp (NYCB) this week announced that it rebranded to Flagstar Bank , laid off 700 employees and anticipated the transition of another 1,200 to Mr. Cooper Group as part of the sale of its third-party origination (TPO) business and mortgage servicing rights (MSRs).

Banks 448

Banks Sales Commercial Equity 448

Housing Wire

JANUARY 23, 2025

Tom closed over $17 million in volume in his second year in real estate. Tom Brennan: By the numbers Market: Charlotte, North Carolina Niche: Luxury homes Year one sales volume: $1.9 The local competition in Charlotte was fierce, and with only a handful of closed deals, he knew he couldnt compete with experienced agents.

Closing 370

Closing Agents Branding As-is 370

Housing Wire

DECEMBER 18, 2024

The existing home sales market does not align with their dual mandate of ensuring stable personal consumption expenditures (PCE) or consumer price index (CPI) prices, as these measures account for rent. Instead, the existing home sales market is more about transferring commissions rather than causing significant job losses in the economy.

Construction 511

Construction Residential Sales Mortgages 511

Housing Wire

MARCH 17, 2025

Recent coverage from the Wall Street Journal detailed several sellers’ experiences when attempting to close listings due to the blacklist, which is maintained by Fannie and includes properties that the GSE deems inadequate in terms of property insurance or repairs.

Sales 334

Sales Mortgages Design Closing 334

Housing Wire

FEBRUARY 24, 2025

If there are too few homes for sale, they dont have to be affordable to everyone, they only have to be affordable to a few people. In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. At that time in the fourth quarter, home sales picked up and home prices did too. housing market.

Sales 495

Sales Mortgages As-is Marketing 495

Housing Wire

MARCH 4, 2025

The pace of home sales remains near a 30-year low point as home prices and mortgage rates keep potential borrowers in wait-and-see mode. Simonsen noted that the 60,000 pending sales of single-family homes are down 3% year over year even as the 639,000 homes available for purchase are up 28%.

Mortgages 484

Mortgages Sales Finance Closing 484

Housing Wire

MARCH 13, 2025

The deal involves two of the nations top-four brokerages by sales volume in 2024, according to data from RealTrends Verified. billion across more than 177,000 home sales. billion across nearly 236,000 sales. That deal is expected to close in the second or third quarter of 2025. Compass ranked No. 1 last year with $184.5

Purchase and sale agreement 397

Purchase and sale agreement Brokerage Equity Development 397

Housing Wire

APRIL 22, 2024

We’re watching sales volumes , which are definitely up over past year but remain slow. The backward-looking price data, which look at actual sales prices, are up about 6% year over year. The leading indicators for future sales prices aren’t nearly that strong. We’ve been talking about sales growth over the past year.

Sales 531

Sales Mortgages Closing Marketing 531

Housing Wire

DECEMBER 30, 2024

In the last few months, the market finally saw some sales growth over the previous year. Theres another set of sellers that we call immediate sales. There were only 5,000 immediate sales this week. Total pendings increase When we look at sales volumes, there are 269,000 single-family homes under contract.

Marketing 543

Marketing Sales Mortgages As-is 543

Housing Wire

OCTOBER 23, 2024

What had previously been a surprisingly mild 2024 hurricane season closed with two devastating storms that hammered Florida and North Carolina. The state more broadly saw precipitous drops in new pending home sales, and the western coast of Florida experienced the sharpest declines. New home listings stood at 770 on Oct.

Investor 459

Investor Sales Closing Marketing 459

Housing Wire

APRIL 23, 2024

New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to grow since then. When we take a more extended look at new home sales, we aren’t working from an elevated level — slow and steady wins this race.

Sales 514

Sales Staging Mortgages Residential 514

Housing Wire

JANUARY 17, 2025

range are positive to grow sales, whereas rates at 7% and above especially 7.50% or higher significantly impact the builder data. When analyzing new home sales data and housing starts, it’s important to remember this rule of thumb. This is why it’s essential to monitor builders’ forward-looking outlooks closely.

Mortgages 488

Mortgages Construction Sales As-is 488

Housing Wire

MARCH 15, 2025

Earlier this year, when mortgage rates soared to 7.26%, a cloud of worry hung over the housing market many feared that home sales would tumble in 2025, fueled by concerns about inflation and tariffs. Weekly pending sales The latest weekly pending contract data from Altos offers valuable insights into current trends in housing demand.

Mortgages 536

Mortgages Sales Marketing As-is 536

Housing Wire

MARCH 31, 2025

The weekly pending home sales rate is above last year at this time. There are just slightly more home sales happening now than last year at this time. There are more sellers each week, and there are more sales, but the supply side is growing faster than demand. Its getting close. Those do not seem imminent.

Sales 362

Sales Mortgages As-is Marketing 362

Housing Wire

APRIL 1, 2025

Via filings with the Securities and Exchange Commission (SEC), the $155 million in cash that Compass paid as part of the acquisition aligns closely with the $155 million of shareholder equity in @properties at the end of September.

Sales 221

Sales Brokerage Equity Closing 221

Housing Wire

MAY 23, 2024

New home sales missed estimates , showing that demand isn’t crashing but not growing much either. From Census : For Sale Inventory and Months’ Supply: The seasonally adjusted estimate of new houses for sale at the end of April was 480,000. months at the current sales rate. This represents a supply of 9.1 percent (±12.0

Sales 497

Sales Marketing Construction Residential 497

Housing Wire

NOVEMBER 19, 2024

Since a Fed president makes this claim, it’s worth examining the data closely as he and his staff should be able to see the same housing data we are all looking at. We should note that existing home sales are in the third consecutive year of the lowest sales on record when you adjust to the workforce size.

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

DECEMBER 20, 2024

Home sales in 2024 have been well below historic norms. According to data from CoreLogic, investor purchases have tracked closely with consumer home sales, and the share of home sales attributable to investors is down as well. But even investors have purchased fewer homes this year. markets.

Investor 448

Investor Marketing Sales Mortgages 448

Housing Wire

NOVEMBER 5, 2024

And for all talk about getting a good deal on a purchase or sale, people still just want to find the right home and have a smooth process. 1 need, while only 14% said they wanted help in negotiating the terms of the sale. The survey also shed light on the different methods by which agents are marketing homes for sale.

Purchase and sale agreement 435

Purchase and sale agreement Agents MLS Sales 435

Housing Wire

MARCH 5, 2025

The survey , which polled 1,000 homeowners at the end of 2024, found that the most common concerns include the stress of the sale (42%), the high costs of selling (40%), the inability to afford a new home (32%) and not selling for a high enough price (32%). months of inventory at the current sales pace compared to the national median of 2.8

Marketing 492

Marketing Sales Closing Mortgages 492

Housing Wire

JUNE 14, 2024

Elevated mortgage rates, high home prices and a lack of for-sale listings continue to hamper U.S. home sales, with Redfin reporting Friday that sales in May 2024 dropped to one one of the lowest levels of the past decade. The annualized rate of home sales, adjusted for seasonality, fell below 408,000 last month.

Sales 488

Sales Brokerage Mortgages Marketing 488

Housing Wire

OCTOBER 15, 2024

1 and Sept 30 of this year based on prices for closed residential sales. The nation’s most expensive neighborhood — Atherton, California — saw its median sale price jump to $7.9 The nation’s most expensive neighborhood — Atherton, California — saw its median sale price jump to $7.9 million this year.

Residential 448

Residential Sales Closing As-is 448

Housing Wire

NOVEMBER 15, 2024

That’s right, there are Black Friday home sales! Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year. In Charlotte , borrowers to lock in a lower rate on select Quick Move-In homes that can close by the end of the year.

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

MARCH 11, 2025

Why listing scams are on the rise Unlike home sales, land transactions often skip in-person meetings or property access, which makes it easier for scammers to impersonate legitimate owners without detection. Delayed discovery Many fraudulent transactions go undetected until months after closing. Use a service.

Agents 361

Agents MLS Land Sales 361

Housing Wire

MARCH 10, 2025

Pending home sales inched up for the week with small gains but remained below numbers seen at this time last year. List prices inched up for the week, though sales prices did not advance. Are there any signs of sales growing for 2025? HOME SALES We counted 63,000 newly pending home sales this week for single-family homes.

Sales 425

Sales Marketing As-is Mortgages 425

Housing Wire

MARCH 10, 2025

The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity.

Purchase and sale agreement 482

Purchase and sale agreement Pre-approval Brokerage Equity 482

Housing Wire

SEPTEMBER 27, 2024

Title Resources Group (TRG) has closed its acquisition of Doma Holdings , the parent company of Doma Title , according to an announcement on Friday. The sale was first announced in late March 2024. In the all-cash transaction, Doma was valued at nearly $88 million.

Closing 435

Closing Title Technology Investor 435

Housing Wire

DECEMBER 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Can there be too many homes for sale? While we have 27% more homes for sale now than last year, we have 22% fewer homes on the market than at the end of 2018. How will that impact home prices in 2025?

Marketing 418

Marketing Sales As-is Closing 418

Housing Wire

JUNE 4, 2024

Seller impersonation fraud has reportedly risen significantly over the years, and one such fraudster attempted to cash in by facilitating a fraudulent sale of Graceland, the famous Memphis, Tennessee , home owned by the late Elvis Presley. But this type of policy won’t protect you against forgery occurring after your property purchase.

Title 488

Title Sales Mortgages Equity 488

Housing Wire

AUGUST 21, 2024

Fannie Mae’s Economic and Strategic Research (ESR) Group downgraded its forecasts for 2024 and 2025 home sales based on a number of reliable metrics that have “barely budged in response to the more favorable rate environment.“ million home sales in 2024 (down from 4.81 million sales in 2025 (down from 5.26

Sales 476

Sales Mortgages Land Construction 476

Housing Wire

SEPTEMBER 30, 2024

The rate of home sales is picking up! It’s not a big rush of home sales of course, we’re just looking for any signs of resuscitation, and we can finally start to see some. It’s not a big rush of home sales of course, we’re just looking for any signs of resuscitation, and we can finally start to see some.

Sales 459

Sales Mortgages Closing Investor 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. We have partnered with Calque to provide better options to those customers, including the ability to close immediately on a new home before putting their current home on the market.”

Purchase and sale agreement 448

Purchase and sale agreement Mortgages Equity Finance 448