Housing Wire
DECEMBER 13, 2023
For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. While inventory typically rises with higher mortgage rates and falls with lower mortgage rates, there is no signal of any flood of sellers, which would be bearish for home prices, Simonsen noted.
Housing Wire
MAY 10, 2023
The transaction will ultimately result in the seller shutting down operations. Per the transaction, Mr. Cooper is acquiring all outstanding shares of Home Point and assuming $500 million in outstanding Home Point 5% senior notes due in February 2026.
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Housing Wire
JUNE 28, 2023
In addition, Mr. Cooper is assuming $500 million in outstanding Home Point 5% senior notes due in February 2026, per the deal announced in May. per share net to the seller in cash, without interest thereon. After onboarding Home Point customers, Mr. Cooper will shut down the seller operations.
Housing Wire
MAY 29, 2024
NAR chief economist Lawrence Yun has repeatedly said that he expects membership to decline over the next two years before potentially rebounding in 2026. Economists and analysts say the “decoupling” of buyer and seller commissions will convince a significant number of Realtors to abandon the field. How many is unclear.
Housing Wire
MAY 8, 2024
Through the client portal, homebuyers and sellers will be able to track and see everything their agent does, including prepping comparative market analyses, scheduling tours, coordinating with home inspectors and negotiating with the listing agent. million homes in 2026,” Reffkin said. million to 5.6
Housing Wire
DECEMBER 11, 2023
When rates go down by a point, people sit on the sidelines because the consumers and the sellers want to know what the market is going to be when they sell the house. Most LOs don’t expect traditional rate-term refinance demand to return until the second half of 2025 and into 2026. in 2024, followed by 5.5% in 2025.
Will Springer Realtor
JANUARY 9, 2024
Perhaps too late in the year to make a difference to many, at least the Fed’s upbeat forecast offers renewed hope for the pent-up pool of prospective buyers – possibly sellers, too – to seek out a new home in the coming 12 months. YoY, as sellers accepted prices at an average of 96.6% YoY, with sellers accepting 96.7%
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