Housing Wire

DECEMBER 20, 2024

The states business-friendly regulations and tax policies have led to rapid population growth in recent years, including an estimated 16,000-person inflow from 2020 to 2022 alone. This is based on an estimate that some 52,500 households will be added between 2020 and 2030, or roughly 74,400 between 2020 and 2040.

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Law Construction Inventory Development 433

Appraisal Buzz

FEBRUARY 5, 2025

According to proprietary data from Auction.com, which accounts for close to half of all completed foreclosure auctions nationwide, completed foreclosure auction volume in Q4 2024 was at 42% of the Q1 2020 level.

Retail 334

Retail Inventory Housing Market Sellers 334

Appraisal Buzz

MARCH 31, 2025

million homes in February 2025, more than in any February since 2020, and 15% more than last year. Aside from costs, buyers are gaining a leg up in a few areas of the market. For one, theyll see more options when they start shopping, with approximately 1.04

Mortgage 435

Mortgage Buyers Home Value Inventory 435

Housing Wire

DECEMBER 19, 2024

And that number includes a huge caveat as June 2020 was at the height of the COVID-19 pandemic lockdowns. The annualized rate is the highest seen since the tally of 4.22 million in March 2024 , and its the highest year-over-year increase since a 23% gain in June 2021.

Inventory 459

Inventory Realtors Housing Market Real Estate 459

Housing Wire

JANUARY 3, 2025

The number of policies under the FAIR Plan more than doubled from 2020 to 2024, according to the AP. Fewer options have led more homeowners to the California FAIR Plan, which is designed to be a stopgap measure rather than a permanent solution. The lack of insurance options has also led to many home sales falling through.

Insurance 523

Insurance Modernization Design Realtors 523

Appraisal Buzz

APRIL 7, 2025

Since early 2020, when the income required to purchase a typical home was $78,236a near-50% increase. Income Needed to Purchase Skyrockets from Pandemic-Era Levels A number of reasons, including rapidly rising property prices, have made owning increasingly unaffordable for many since January 2020. With an increase of 84.6%

Property Taxes 259

Property Taxes Buyers Housing Market Insurance 259

Housing Wire

FEBRUARY 21, 2025

Since February 2020, single-family rents have climbed 30%, with some markets particularly in Florida seeing even steeper increases. in 2024, below the 2010-2020 average of 3.5% The modest gains reflect a continuing slowdown in the rental housing market, which has struggled to regain momentum after surging demand in previous years.

Housing Market 359

Housing Market Marketing 359

Appraisal Buzz

MARCH 17, 2025

Housing equity growth slowed in 2024 versus 2020-2023 due to moderating price appreciation, but homeowners maintain substantial equity gains from prior years, preserving their strong financial position, said Dr. Selma Hepp, Chief Economist for CoreLogic. million homes or 2% of all mortgaged properties. of all mortgage properties.

Mortgage 390

Mortgage Government Appraisal Marketing 390

Housing Wire

OCTOBER 15, 2024

From 2018 to 2020, it directed less than 3% of its direct mail advertising to consumers in majority-Black areas and, despite knowing about the discrepancies, failed to address them. The regulators added that in the Birmingham area — which has six counties and about 1.1

Advertising 468

Advertising Lending Loan Officers Retail 468

Housing Wire

MARCH 31, 2025

Rami Hasani Hasani originally joined the company in November 2020 as vice president of financial reporting and compliance. Since joining UWM in 2020, he has been a valuable part of our team, and we have no doubt he will continue to make a significant impact in this new role.

Mortgage 301

Mortgage 301

Appraisal Buzz

OCTOBER 25, 2024

The town had the second-worst population decline between 2020 and 2023 (-6.6%), which might explain why new building permits between 2022 and 2023 decreased by 22%. The city’s population is falling (down 1% between 2020 and 2023), and new home-building permits decreased 15% in just one year (2022 to 2023). between 2020 and 2023.

Retail 355

Retail Modernization Construction Realtors 355

Appraisal Buzz

FEBRUARY 24, 2025

As of September 2024, nearly 80% of outstanding mortgages still carry interest rates below 5%, thanks to the historically low rates seen in 2020 and 2021. With current forecasts suggesting that mortgage rates are unlikely to return to 2020-2021 levels, a broad refinancing boom remains improbable in the near future.

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Contracts Mortgage Appraisal 374

Housing Wire

JANUARY 24, 2025

In mid-2023, the CFPB released a report that showed a higher average share of monthly reverse mortgage complaints between 2020 and 2022, and the bureau suggested this could be attributed to recent changes on the servicing side of the business. The reverse share accounts for 1.4% But they are back on a downward trend.

Mortgage 417

Mortgage Finance Business 417

Appraisal Buzz

MARCH 14, 2025

month-over-month on a seasonally-adjusted basis, hitting the highest level since the early days of the pandemic (June 2020). Some homes are attracting bidding wars like its 2020 again, while others are sitting on the market for weeks with no action, said Desiree Bourgeois, a Redfin Premier Real Estate Agent in Detroit.

Contracts 393

Contracts HOA New Listings Real Estate Agent 393

Housing Wire

NOVEMBER 24, 2024

While a slowing in rents will be welcome news to renters, increases since 2020 are still at 32%.” “While about one-third of metros showed stronger rent growth than in the previous year, more metros showed decreases in rents than in the prior report.

Luxury Properties 418

Luxury Properties Marketing Housing Market 418

Housing Wire

FEBRUARY 25, 2025

annually since 2020 , led by markets in Florida, North Carolina, Southern California, and Arizona. San Francisco , the lowest-performing major market since 2020, saw prices drop by 4.5% Home prices were up 3.9% annually in December 2024, up from a 3.7% gain in November , according to the latest S&P CoreLogic Case-Shiller Index.

Housing Market 365

Housing Market New Listings Inventory Sellers 365

Housing Wire

NOVEMBER 22, 2024

a year earlier and the lowest share since the end of 2020. But it’s more appealing than it was last year, when soaring home prices and borrowing costs put a big damper on demand.” Redfin highlighted that investors purchased 15.9% of all homes sold in Q3 2024, down from 16.2% The highest recorded share of investor-purchased homes was 20.9%

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Investors Real Estate HOA Housing Market 488

Housing Wire

FEBRUARY 11, 2025

Rental listings have been a consistent high-growth revenue stream for Zillow since the onset of the COVID-19 pandemic in 2020. Zillows rental listings income has increased every year since 2020. And the company has struck a deal that it believes can push that growth even higher.

Advertising 327

Advertising Loan Officers Real Estate Agents 327

Housing Wire

NOVEMBER 26, 2024

It’s the slowest rate of sales in the South since April 2020 at the onset of the COVID-19 pandemic. The South had been posting strong gains, but sales in October fell to a seasonally adjusted annual rate of 339,000, down 27.7% month over month and 19.7% year over year. Its October pace came in at 46,000, up 53.3% from the prior month and 35.3%

Inventory 448

Inventory Sellers Development Mortgage 448

Housing Wire

MARCH 20, 2025

Prior to the COVID-19 pandemic in 2020, yearly growth for single-family rents was between 2% to 4%. average from 2010 to 2020. In analyzing rent-price appreciation since 2020, Miami has seen 52% growth, followed by Washington, D.C. (+30%) It’s also slightly lower than the 2.6% It was followed by Chicago (+6%).

Luxury Properties 295

Luxury Properties Housing Market Inventory Marketing 295

Housing Wire

JANUARY 17, 2025

The team was brokered at Douglas Elliman since 2020 and works across all sectors of the real estate market, from multimillion-dollar mansions to starter homes. On Friday, the largest brokerage in the country by sales volume announced that The Jennifer Leahy Team will be leaving Douglas Elliman to join the Robert Reffkin -helmed firm.

Inventory 370

Inventory Brokerage Real Estate Sellers 370

Housing Wire

JANUARY 7, 2025

According to the lawsuit, from February 2019 to February 2020, Experian allegedly deleted over 100,000 disputed tradelines instead of completing required reinvestigations within 30 days. Some of this information was later reinserted into consumer reports.

Law 418

Law Finance Real Estate Business 418

Appraisal Buzz

APRIL 10, 2025

Those states reporting the greatest number of REOs in Q1 2025 were: California (944 REOs) Texas (938 REOs) Illinois (712 REOs) Pennsylvania (711 REOs) Michigan (665 REOs) Time Frames Falling Properties foreclosed in Q1 2025 had been in the foreclosure process for an average of 671 days, a 12% drop from the previous quarter, and a 9% decrease from (..)

Marketing 421

Marketing Appraisal 421

Housing Wire

APRIL 21, 2025

Thats the third-highest rate for March since at least 2017 and trails only 2020, when disruptions from the COVID-19 pandemic temporarily froze the market. In March, 13.4% of home purchase agreements fell through, according to Redfin equivalent to about 52,000 transactions.

Sellers 392

Sellers HOA Buyers Real Estate 392

Housing Wire

DECEMBER 17, 2024

Another Redfin rental absorption report found that slightly over half of new apartments built in Q2 were rented out within three months the second-lowest seasonally adjusted share since mid-2020. But another rental data report from another industry giant may explain why this occurred.

Construction 418

Construction Inventory Housing Market Brokerage 418

Housing Wire

NOVEMBER 13, 2024

He joined Movement in March 2015 to lead the Northeast region, was promoted to chief performance officer in 2020 and president in 2021. Michael Brennan was previously listed as the company’s president but is now listed as the national director of partner sales, according to the company’s website.

Mortgage 370

Mortgage Loan Officers Retail Finance 370

Housing Wire

DECEMBER 18, 2024

Currently, housing starts are back at the levels seen during the COVID-19 recession in 2020. They say housing leads the economy in and out of a recession. 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.

Construction 510

Construction Modernization Mortgage Housing Market 510

Housing Wire

OCTOBER 21, 2024

The inflation rate reduction that Birk mentions led to the Federal Reserve ’s recent move to cut benchmark interest rates by 50 basis points , the first cut since March 2020. “This growing confidence in the economy is translating directly into the housing market in communities across the country,” Birk said in a statement.

Finance 476

Finance Housing Market Buyers Mortgage 476

Housing Wire

FEBRUARY 14, 2025

Older residents of the state of California , meaning those aged 65 or older, made up roughly 14% of the states population in 2020. That figure is poised to rise to 22% by 2040, marking a 59% increase, while the number of residents between the ages of 20-64 is projected to remain largely unchanged during that period.

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Housing Wire

APRIL 11, 2025

The average time to foreclose fell to 671 days in the first quarter, down 12% from the previous quarter and 9% from a year earlier, continuing a trend that began in mid-2020. California led with 944 REOs, followed by Texas (938), Illinois (712), Pennsylvania (711) and Michigan (665).

Real Estate 365

Real Estate Marketing Housing Market Mortgage 365

Housing Wire

DECEMBER 11, 2024

Lindblom was named a HousingWire HW Woman of Influence in 2019 and has won the HousingWire Vanguard award twice, in 2020 and 2023. Lindblom also spent five years at Stearns Wholesale between 2012 and 2017 as the managing director of national fulfillment and operations.

Mortgage 369

Mortgage Lending 369

Housing Wire

APRIL 7, 2025

Im personally finding the idea of a buffer asset even more compelling in terms of not having to plan for such a low withdrawal rate because of the ability it provides to skip taking portfolio distributions at particularly dangerous times in retirement, Pfau told HousingWire s Reverse Mortgage Daily (RMD) in March of 2020.

Mortgage 352

Mortgage Marketing Investing 352

Housing Wire

MARCH 10, 2025

million homes the third-largest gap for any year since 2012, trailing only 2020 and 2023. But total housing starts were still at their lowest level since 2020, largely from a slowdown in multifamily construction, which fell to its lowest level since 2017. But as Hale pointed out, the U.S. still faces a supply shortfall of 3.8

Construction 352

Construction Inventory Housing Market Marketing 352

Appraisal Buzz

FEBRUARY 13, 2025

According to a new report from Redfin , homebuyers have the most options since 2020, but few are biting because rising housing costs have made monthly payments tough to swallow. Thats a week longer than a year earlier, marking the longest period for any January since 2020. Pending home sales dropped 4.2% year-over-year.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Appraisal Buzz

FEBRUARY 10, 2025

Figure 1 (above) shows the CoreLogic Home Price Index , the CoreLogic Single Family Rent Index , and the CPI for January 2020. A new report from CoreLogic takes a look at how inflation and rental prices work hand-in-hand.

Appraisal 417

Appraisal Mortgage 417

Housing Wire

DECEMBER 4, 2024

in both 2020 and 2021. .” Since then, ROVI has not only grown its agent count but has accounted for $2 billion in home sales, according to Real. ROVI drew national recognition as well by landing on the Inc. 5000 list of the fastest-growing private businesses in the U.S.

Agents 397

Agents Brokerage Real Estate Technology 397

Housing Wire

JANUARY 29, 2025

We are just really excited for this partnership, Baker said. Qualia had previously acquired Adeptive, t he parent company of software provider ResWare in Dec.

Insurance 369

Insurance Real Estate Technology Agents 369