Housing Wire

MARCH 19, 2025

An analysis by SFR Analytics , which tracks nationwide real estate transactions, found that the threshold to rank among the top 10 buyers in 2024 was nearly 80% lower than it was in 2021, when institutional firms routinely acquired 5000-plus homes annually. Even among active buyers, net acquisitions were low.

Investors 320

Investors Real Estate Buyers Marketing 320

Housing Wire

MARCH 20, 2025

fell in 2024, continuing a downward trend as real estate investors grapple with tight profit margins. According to Attom s 2024 U.S. The home-flipping industry saw investors shy away even more in 2024 amid the extended period of languishing profits. in 2023 to 72% in 2024. The number of home flips across the U.S.

Investors 299

Investors Finance Renovations Buyers 299

Housing Wire

MARCH 31, 2025

Homeowners 62 and older saw their collective home equity levels drop by 1% in Q4 2024 to a total of $13.95 in Q3 2024 before falling an additional 1% in Q4. trillion , according to the RMMI report released in March 2024. After peaking at a high point of $14.09 billion) increase in senior-held mortgage debt.

Home Value 293

Home Value Finance Mortgage Marketing 293

Housing Wire

APRIL 17, 2025

Independent mortgage banks ( IMBs ) and mortgage subsidiaries of chartered banks reported an average profit of $443 on each loan they originated in 2024, up from an average loss of $1,056 per loan in 2023, according to the Mortgage Bankers Association (MBA)’s annual Mortgage Bankers Performance Report. billion (or 6,021 loans) in 2023.

Mortgage 346

Mortgage Business Marketing 346

Housing Wire

APRIL 23, 2025

Although the FBI s Internet Crime Complaint Center (IC3) received fewer complaints in 2024 than in 2023, financial losses were up 33% annually to $16.6 In total, IC3 received 859,531 complaints in 2024, down from 880,418 complaints in 2023. billion in losses in 2024, down roughly $2 million from 2023.

Law 277

Law Business Housing Market Technology 277

Housing Wire

MAY 15, 2025

The national critical defect rate for mortgages fell to 1.16% in the fourth quarter of 2024. For the entire calendar year of 2024, the average critical defect rate was 1.52%, down 9.52% from 2023. Key findings The Q4 2024 critical defect rate dropped 23.2% from the third quarter to reach 1.16%.

Legal 227

Legal Mortgage Insurance 227

Housing Wire

MARCH 3, 2025

Annual property insurance costs for mortgaged single-family homes rose by a record $276 (or 14%) to $2,290 in 2024, per the latest Intercontinental Exchange (ICE) Mortgage Monitor Report released Monday. Locations that saw the largest percentage increases in 2024 were Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%).

Insurance 277

Insurance Mortgage Housing Market Marketing 277

Housing Wire

MAY 19, 2025

They closed nearly $40 million in volume in 2024, vibe flipping luxury homes. They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit. Sounds too good to be true, right?

Renovations 277

Renovations Real Estate Design Buyers 277

Housing Wire

MAY 22, 2025

I was wrong and too low for 2024. Inventory is higher this year than in 2024, and mortgage rates haven’t dropped to 6%, which caused my forecast to be off last year. million in April 2024). months in April 2024. Last year, I predicted a national home-price increase of 2.33%. million in April. million units, up 9.0%

Inventory 455

Inventory Realtors Housing Market Mortgage 455

Housing Wire

MARCH 15, 2025

Last year, when mortgage rates ranged from 6.75% to 7.50%, the weekly data looked like this: 14 negative prints 2 flat prints 2 positive prints There was no year-over-year growth to report when comparing 2024 and 2023. By early 2024, mortgage rates increased slightly to 6.63%.

Mortgage 535

Mortgage New Listings Inventory Housing Market 535

Housing Wire

MAY 17, 2025

For 2025, I was looking for the spreads to improve only 0.27%-0.41% from a base average of 2.54% in 2024. Weekly pending sales for the last week over the past several years: 2025: 409,896 2024: 400,653 2023: 387,251 Weekly housing inventory data In great news for the housing market in 2024 and 2025, were seeing an increase in inventory!

Mortgage 499

Mortgage Inventory New Listings Housing Market 499

Housing Wire

NOVEMBER 23, 2024

10-year yield and mortgage rates My 2024 forecast included: A range for mortgage rates between 7.25%-5.75% A range for the 10-year yield between 4.25%-3.21% This week was relatively calm for mortgage rates as the 10-year yield continues to hold steady at a critical level, which ranges from 4.40% to 4.50%. Weekly inventory change (Nov.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Appraisal Buzz

NOVEMBER 13, 2024

About 34% of buyers paid below the asking price in 2024—up from 27% in 2022, when the market was more favorable to sellers. Although 66% of buyers with agents in 2024 had their commissions covered by sellers, this is no longer required. Click here to access Clever Real Estate’s report, “ The True Cost of Buying a Home in 2024.”

Real Estate 417

Real Estate Sellers Buyers Renovations 417

Housing Wire

DECEMBER 21, 2024

Therefore, Id like to conclude that 2024 ended the year slightly positively. Mortgage spreads The unsung hero of the housing market in 2024 has been the improvement in mortgage spreads. My home price forecast for 2024 was a growth rate of 2.33%, but it appears that this estimate may be too low. Weekly inventory change (Dec.

Housing Market 503

Housing Market Marketing Inventory New Listings 503

Housing Wire

APRIL 5, 2025

Weekly pending contracts for the last week over the past several years: 2025: 367,776 2024: 363,834 2023: 335,017 For both purchase apps and pending sales, the data presents an interesting trend: the positive weekly figures we’ve been observing coincide with mortgage rates exceeding my growth threshold. Stay alert for breaking news.

Mortgage 532

Mortgage New Listings Inventory Housing Market 532

Appraisal Buzz

JANUARY 6, 2025

income of $83,782 in 2024 wouldve had to spend 41.8% In 2024, a homebuyer needed to earn an annual income of at least $116,782 if they wanted to spend no more than 30% of their earnings on monthly housing payments for the median-priced home. The median monthly housing payment for homebuyers hit a record of $2,920 in 2024, rising 4.3%

Inventory 431

Inventory Construction Appraisal Mortgage 431

Appraisal Buzz

JANUARY 23, 2025

ATTOM has released its Year-End 2024 U.S. Home Sales Report , which shows that home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% housing market mostly rebounded nicely in 2024. generally reaped the highest returns on investment in 2024. The typical 2024 price was almost 2.5

Sellers 395

Sellers Investing Housing Market Home Value 395

Housing Wire

DECEMBER 30, 2024

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! Home prices finished 2024 up a few percent nationally and mortgage rates are at their highest level in seven months back over 7% as we head into January. The elephant in the room is affordability. Each line is a year.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Housing Wire

JANUARY 14, 2025

from Q4 2023 to Q4 2024, a surprising increase from the previous quarter’s downwardly revised annual growth rate of 5.4%. in Q4 2024, an increase from the downwardly revised 1.2% growth rate in Q3 2024. Fannie Mae ‘s latest Home Price Index (HPI) shows single-family home prices increased 5.8%

Housing Market 417

Housing Market Inventory Mortgage Marketing 417

Housing Wire

DECEMBER 19, 2024

This scenario isnt new, most forecasters got the mortgage trends for 2024 wrong too. At the time, most mortgage market observers expected that rates had reached their peak and would generally decline in 2024, stabilizing at perhaps 6% or lower by now. And yet at the end of 2024, thats exactly where rates are.

Mortgage 488

Mortgage Housing Market Marketing Realtors 488

Housing Wire

MAY 10, 2025

Weekly housing inventory data The most encouraging development in the housing market for 2024 and 2025 is the increase in inventory. In 2024, my forecast of a 2.33% increase turned out to be inaccurate because it was too low, primarily due to mortgage rates heading toward 6%. That would mean nearly 6% mortgage rates.

Mortgage 480

Mortgage Inventory New Listings Housing Market 480

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. According to NAR, existing-home sales finished 2024 at a dismal 4.06 Census Bureau data, these sales topped 683,000 in 2024, which is the second consecutive annual gain. Sales finished 2024 on a relative high note.

Sellers 449

Sellers Housing Market Realtors Inventory 449

Housing Wire

APRIL 9, 2025

Mortgage applications increased by 20% to its highest level since September 2024, driven by purchase and refinance applications picking up in a volatile week where economic uncertainty caused rates to drop across the board.

Mortgage 481

Mortgage Contracts Inventory 481

Housing Wire

DECEMBER 19, 2024

million in March 2024 , and its the highest year-over-year increase since a 23% gain in June 2021. The jump in sales gives the market momentum heading into 2025, which is expected to outperform 2024. year-over-year increase, its the fifth consecutive month of declines from the 2024 peak of $426,900 in June. While thats a 4.7%

Inventory 458

Inventory Realtors Housing Market Real Estate 458

Appraisal Buzz

JANUARY 14, 2025

from 2023 to 2024, according to CoreLogics latest research , and have risen 27.4% property tax payment in 2024 reached $3,018. rise in property taxes from 2023 to 2024 and a staggering 52.9% from 2023 to 2024 and 51.5% Click here for more on CoreLogics examination of property taxes in 2024. since 2019.

Property Taxes 435

Property Taxes Government Mortgage Buyers 435

Appraisal Buzz

MARCH 20, 2025

ATTOM has released its year-end 2024 U.S. Profits and profit margins rose slightly in 2024 on typical buy-renovate-and-resell projects, but margins remained at one of their low points over the past decades, as investors continued struggling to take advantage of the nations housing market boom. were flipped in 2024down 7.7%

Renovations 355

Renovations Investors Finance Property Taxes 355

Housing Wire

DECEMBER 30, 2024

Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be. Rising supply is one of the housing market highlights of 2024, according to HousingWire Lead Analyst Logan Mohtashami , who said that housing inventory is approaching levels seen in 2019 before the COVID-19 pandemic.

Inventory 487

Inventory Sellers Housing Market Contracts 487

Appraisal Buzz

JANUARY 8, 2025

The CoreLogic Home Price Index (HPI) and HPI Forecast for November 2024 have been made public by CoreLogic. The increase coincided with Freddie Macs announcement that 30-year fixed-rate mortgages increased to about 7% at the start of 2025the highest level since July 2024. year over year in November 2024 compared with November 2023.

Mortgage 389

Mortgage Buyers Appraisal Marketing 389

Housing Wire

MAY 12, 2025

The median age of homes purchased nationwide reached a record high of 36 years in 2024, a significant jump from 27 years in 2012, according to an analysis released Monday by Redfin. The report analyzed data from multiple listing services (MLSs) covering purchases between 2012 and 2024. In 2024, that difference fell to 31.6%.

Construction 350

Construction Renovations Buyers Inspection 350

Appraisal Buzz

APRIL 8, 2025

One-third of buyers (33%) surveyed said they expect home prices in their local market to decline in 2025, down from 40% in the 2024 buyer survey, and on par with the 32% in the 2023 buyer survey. Nearly two-thirds of Auction.com buyers surveyed (64%) expect their property purchases to increase in 2025, up from 60% in 2024 and 54% in 2023.

Buyers 389

Buyers Renovations Investors Development 389

Housing Wire

JANUARY 16, 2025

of listings in 2024 had some sort of HOA fee and these expenses became even more costly. The listings portal combined weekly data on for-sale listings in 2023 and 2024 for comparison. Also, the median monthly fee rose over the past year, increasing from $110 in 2023 to $125 in 2024. Realtor.com’s report found that 40.5%

HOA 395

HOA Property Taxes Construction Buyers 395

Housing Wire

MARCH 5, 2025

Those factors resulted in the largest weekly decline in the 30-year fixed rate since November 2024. At 6.73%, the rate is now at its lowest level since December 2024, said Joel Kan , MBAs vice president and deputy chief economist.

Mortgage 505

Mortgage Government Contracts Buyers 505

Housing Wire

FEBRUARY 8, 2025

However, spreads have improved in 2024 and 2025, which is helping to limit how high mortgage rates can go this year. While this isnt the grand prize people want, it does show that mortgage rates would be much worse if the spreads didnt improve in 2024 and 2025. In 2023, spreads reached as high as 3.10%. Weekly inventory change (Jan.

Mortgage 483

Mortgage Inventory New Listings Contracts 483

Housing Wire

FEBRUARY 17, 2025

” According to CoreLogic data, the median 2024 property tax in Florida was $3,101, a 9.5% According to Insurify, home insurance premiums rose about 7% in 2024 and are expected to keep rising. increase over the prior year and up 47.5% Property taxes have skyrocketed in South Florida in particular. in neighboring Broward County.

Property Taxes 528

Property Taxes Insurance 528

Housing Wire

MAY 20, 2025

Jose Prats: By the numbers Market: Los Angeles, California Niche: Character homes 2024 team sales volume + sides: $44,400,000 + 21.5 He walked us through finding his ikigai, his best tips for new agents and his exact strategy for building his Instagram account into his primary lead source.

Agents 250

Agents Architecture Real Estate Real Estate Agent 250

Appraisal Buzz

MARCH 17, 2025

CoreLogic has issued its Homeowner Equity Report (HER) for Q4 of 2024 which found that nationwide, borrower equity increased by $281.9 homeowners with mortgages (which account for roughly 61% of all properties) saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, which is less than the gain of $6,000 in Q3 2023.

Mortgage 390

Mortgage Government Appraisal Marketing 390

Housing Wire

MAY 12, 2025

Year to date, through the first week of May, we count 3% fewer total sales than in 2024. Whats interesting is that if we look just at the mortgage applications data meaning how many potential homebuyers are applying for a mortgage to buy a house this data has been running well ahead of 2024 since February. 2024 is the blue line.

Sellers 372

Sellers New Listings Inventory Contracts 372