Housing Wire

DECEMBER 23, 2024

Is 2025 the first year we start losing residential construction jobs? Earlier this year, mortgage rates were trending at 7.50%; during that time, we received one negative monthly residential construction labor report. Over the past two years, new home sales have significantly outperformed the existing home sales market.

Residential 525

Residential Construction Sales Mortgages 525

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 393

Marketing Residential Construction Mortgages 393

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. The current stress in the CRE and C&I loan markets further highlights the advantages of residential mortgages.

Residential 488

Residential Equity Mortgages Purchase and sale agreement 488

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.

Marketing 370

Marketing Construction As-is Residential 370

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.

Construction 511

Construction Residential Sales Mortgages 511

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. Dont obsess with finding the perfect first home.

Debt-to-income ratio 311

Debt-to-income ratio Loan Officer Marketing Loans 311

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

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 397

Residential Construction MLS Mortgages 397

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?

Construction 414

Construction Residential Sales New Construction 414

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. I’ve always believed they needed to see a significant downturn in the labor market before making a decisive pivot.

Mortgages 488

Mortgages Residential Construction As-is 488

Housing Wire

JANUARY 30, 2025

Tom Davis: When you’re working with a professional and you want expertise, you’re going to want to work with someone who is the expert in your market. Davis: Either you take market share or someone takes yours, right? Why do you think brokers should work with a specialist instead of a multi-product lender?

New Construction 316

New Construction Construction Marketing Equity 316

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. During his time there he led the companys $629 million IPO.

Technology 448

Technology Residential Commercial Brokerage 448

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 Miami saw a 19.4%

Investor 488

Investor Residential Brokerage Mortgages 488

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. But the track record suggests that, indeed, it is simply a statement of truth.

Residential 442

Residential Finance Technology Staging 442

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. ” RLTYco provides four primary services. RLTY Tax provides a network of CPAs.

Commercial 397

Commercial Investor Residential Agents 397

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 27, 2025

Todays new home sales report beat market expectations, just like last weeks existing home sales report. However, as illustrated in the chart above, whenever residential construction workers begin to lose their jobs, a recession is typically not far behind. For now, the Federal Reserve isn’t overly concerned.

Sales 487

Sales Construction Mortgages Residential 487

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

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. million unemployed people.

Mortgages 493

Mortgages Marketing Construction Residential 493

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 396

Loans Mortgages Finance Lending 396

Housing Wire

JUNE 3, 2024

HousingWire’s 2024 Marketing Leaders award recognizes the most creative and influential marketing minds in the housing economy. This year’s winners have demonstrated exceptional creativity, strategic thinking, and the ability to adapt in a rapidly-evolving landscape. Congratulations to this year’s honorees!

Marketing 482

Marketing Branding Technology Mortgages 482

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 462

Agents Commercial Land Branding 462

Housing Wire

NOVEMBER 1, 2024

“This continues a theme we have seen in recent months, where the labor market is not seeing large layoffs but instead an ongoing reduction in job openings and a reluctance by employers to add workers,” Fratantoni said. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs.

Construction 370

Construction Residential MLS Mortgages 370

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 308

Construction Residential New Construction Land 308

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 467

Marketing Residential Technology Branding 467

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 369

Brokerage Agents Residential Technology 369

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. I like to break down the monthly supply data into subcategories.

Sales 497

Sales Marketing Construction Residential 497

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 366

Equity Lending Residential Branding 366

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 470

Agents Marketing Commercial Residential 470

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

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 397

Brokerage Principal Branding Agents 397

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.

MLS 397

MLS Residential Agents As-is 397

Housing Wire

APRIL 4, 2025

Saluda Grade , an alternative investment firm with a focus on residential real estate finance, announced this week that it hired Jim Boothby as its head of global business development. Boothby has more than 25 years of experience in credit , business development and investor relations.

Development 259

Development Investor Equity Finance 259

Housing Wire

JUNE 12, 2024

The Federal Housing Finance Agency (FHFA) this week issued a public request for information for plans submitted by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac under the Duty to Serve (DTS) program that aims to serve underserved markets from 2025 through 2027.

Marketing 445

Marketing Finance Residential Mortgages 445

Housing Wire

MARCH 13, 2025

The average loan size decreased, signaling that first-time homebuyers remain active in the market, Kan said. Census Bureau ‘s new residential sales report hit a seasonally adjusted annual rate of 634,000 units in February, up 2.9% MBA estimated that single-family new-home sales often a leading indicator of the U.S.

FHA loan 366

FHA loan VA loan Mortgages Loans 366