Housing Wire
DECEMBER 14, 2024
The holiday season is here, and despite higher mortgage rates last week, housing demand is displaying some festive resilience. Typically, we expect a decrease in activity with elevated rates, but a seasonal boost is helping the purchase application data over the last month. Additionally, our pending contracts are still reflecting double-digit year-over-year growth.
Real Estate News
DECEMBER 14, 2024
Cities and states across the U.S. are making it easier to build ADUs. Leaders hope those reforms will lead to more supply and improve affordability.
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Housing Wire
DECEMBER 14, 2024
In this weeks episode of the Power House podcast , HousingWire President Diego Sanchez sits down with Terry Schmidt , CEO of San Diego-based Guild Mortgage , to discuss the companys recent acquisitions, reverse mortgages and the use of artificial intelligence for mortgage originators. This interview has been edited for length and clarity.To start the conversation, the duo dive into the details of Guilds acquisition of retail mortgage rival Academy Mortgage in February 2024.
Real Estate News
DECEMBER 14, 2024
For CoStar and Move, the battle for dominance escalated from civil competition to full-scale attacks. Zillow and other players, meanwhile, stayed out of it.
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Inman
DECEMBER 14, 2024
Frustrated by the challenges of 2024 and finding it hard to get geared up for 2025? Bernice Ross offers a dozen strategies to help get your attitude and your business back on track.
Real Estate News
DECEMBER 14, 2024
Erinn and Peter Nobel leave ROA; William Raveis acquires Nantucket indie; ERA gains WA affiliate; BHGRE bestows Sherry Chris Award to Omaha firm + more news.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Brownstoner
DECEMBER 14, 2024
Empire State Dairy Affordable Housing Lottery Opens With $823 Units An affordable housing lottery has launched for a new 14-story, 320-unit development attached to East New Yorks landmarked Empire State Dairy building on Atlantic Avenue. Towering over the historic industrial building known for its impressive tile murals and rare Vienna Secession… Read More > The post Top 5 Stories on Brownstoner This Week: A Housing Lottery Launches in East New York appeared first on Brownstoner.
BAM Media
DECEMBER 14, 2024
After more than a decade on the market, Michael Jordans famed Chicago mansion has finally sold for $9.5 million, less than one-third of its original $29 million asking price. The sprawling Highland Park estate, known for its Air Jordan-branded basketball court and extravagant amenities, gained notoriety not just for its ties to Jordan but for the 13 years it spent unsold.
Marco Santarelli
DECEMBER 14, 2024
Navigating the current housing market requires an understanding of today's mortgage rates , which are pivotal for anyone looking to buy a home or refinance. On December 14, 2024, mortgage rates have increased slightly, highlighting the influence of economic fluctuations and upcoming Federal Reserve decisions. The 30-year fixed-rate mortgage has climbed to 6.42% , while the 15-year fixed rate is at 5.79%.
Marco Santarelli
DECEMBER 14, 2024
The National Association of Realtors (NAR) has provided a promising outlook for 2025, predicting an average mortgage rate of 6% for the U.S. 30-year fixed mortgage. This forecast is set to significantly boost housing affordability and demand, providing a much-needed lift to the current housing market. Low mortgage rates have historically made home ownership more accessible, and with the current rates hovering around 7%, the anticipated decrease could open doors for many would-be homeowners who h
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.
Marco Santarelli
DECEMBER 14, 2024
Will Texas home prices drop in the next 2 years? The Texas housing market is expected to experience a moderate slowdown over the next two years, with some regions experiencing price declines while others show growth. The overall forecast indicates a transition from the strong growth seen in recent years towards a more balanced market. I've been closely following the Texas housing scene for quite some time, and I'll share my insights and analysis of the projected market conditions for the next tw
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