Housing Wire

DECEMBER 7, 2024

Many older Americans say they have no plans to sell their homes. What does this mean for younger generations who are looking to enter the homeownership phase of life? (Image generated by AI in Midjourney) There are two particular ways for people to interpret the phrase silver tsunami in the context of an aging population’s impact on housing. The first is related to the demographic trends playing out across the U.S., in which older people are on track to overtake children as the largest age

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Marco Santarelli

DECEMBER 7, 2024

Rental housing affordability is predicted to improve in 2025, offering hope for many American renters struggling with high costs today. According to insights from Redfin, the upcoming year will likely see stable rent prices while wages are expected to rise, providing a much-needed break for renters. Housing Affordability for Renters is Predicted to Improve in 2025 Key Takeaways Rent Prices : Median U.S. asking rents are expected to remain flat year-over-year in 2025.

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Brownstoner

DECEMBER 7, 2024

Affordable Housing Lottery Opens for Fort Greene Tower With Units From $750 An affordable housing lottery has opened for a new 21-story, 294-unit tower blocks away from Fort Greene Park, with apartments starting at $750 a month. -- Brownstone Revival: The Rebirth of the Brooklyn Townhouse For many, the brownstone is the quintessential symbol… Read More > The post Top 5 Stories on Brownstoner This Week: Lottery Opens at Empire State Dairy appeared first on Brownstoner.

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Inman

DECEMBER 7, 2024

How does Compass' big acquisition of @properties | Christie's International Real Estate change the real estate landscape and the way you do business?

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Development

Marco Santarelli

DECEMBER 7, 2024

In a significant development for the housing market, today's mortgage rates dopped after the jobs report , reflecting a pivotal shift in the borrowing landscape. For the second consecutive week, mortgage rates have decreased, reaching their lowest levels since October. The average rate for a 30-year fixed mortgage has fallen to 6.69% , down from 6.81% last week and a stark contrast to the 7.03% recorded one year ago.

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Housing Wire

DECEMBER 7, 2024

Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand. The economy continues to create jobs, with wages growing at an annual rate of 4%. We also see growth in our pending contract data compared to 2022 and 2023. Additionally, the purchase application data delivered another pleasant surprise with positive results.

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BAM Media

DECEMBER 7, 2024

Be part of real estates most anticipated event of the year the BAMMYs ! Cast your votes live on December 11 to crown the most unforgettable real estate content of 2024, and dont miss Neel Dhingras keynote, Content to Clients: The New 2025 Playbook for Social. Register NOW to level up your social for the year ahead! America has crowned Ryan Reynolds as its top celebrity roommate pick, with 17% of survey respondents preferring him to other celebrities in the running.

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Housing Wire

DECEMBER 7, 2024

Rapid changes in mortgage rates have left many would-be homebuyers asking: Is now a good time to buy? Will prices go up or down? Will mortgage rates and affordability improve or get worse? There is no perfect time to buy, of course. But there are specific factors homebuyers should weigh as they determine their timing. Patricia Maguire-Feltch, managing director of consumer origination sales at Chase Home Lending, says that realistic evaluation is key when making the big step to buy.

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Housing Wire

DECEMBER 7, 2024

In the newest episode of the HousingWire Daily podcast, Editor in Chief Sarah Wheeler sits down with author and investment banker Chris Whalen to explore the potential pitfalls of ending the federal conservatorships of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. This interview has been edited for length and clarity. To start the conversation, Wheeler and Whalen immediately dive into the possibility of the Trump administration bringing the GSEs out of conservatorship.

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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.

Industrial