Housing Wire

FEBRUARY 4, 2024

How will mortgage rates impact seasonal inventory in 2024? It’s not what I wanted to see in 2024, but I have to be realistic since we are already in February. Weekly housing inventory data One substantial positive story for 2024 is that we have more housing inventory year over year. But at least it’s positive!

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Inventory Mortgage New Listings Housing Market 517

Housing Wire

DECEMBER 26, 2023

trillion to $2 trillion in 2024. 18 released a $2 trillion forecast for one-to-four family loan originations in 2024. According to George, there will be “a small amount” of cash-out refinances, and the purchase market might see “a little bit of an improvement,” but overall, 2024 “doesn’t look better.”

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Mortgage Inventory Marketing Finance 508

Housing Wire

FEBRUARY 15, 2024

“We are excited about how we are set up for 2024 and beyond,” CEO Carrie Wheeler told investors and analysts listening to the firm’s Q4 2023 earnings call on Thursday evening. Last year, we reduced our marketing spend by over 60% versus the prior year, as elevated spreads made our marketing spend less efficient,” Wheeler said.

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Business Advertising Inventory Contracts 410

Housing Wire

JANUARY 8, 2024

The mortgage market should improve in 2024 due to a combination of competitive pressures easing and mortgage demand picking up from historical lows last year, according to a note from Piper Sandler , a leading investment bank. If we were to see the labor market soften, we expect a more pronounced decline in home prices.”

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Mortgage Marketing Investing Buyers 457

Housing Wire

FEBRUARY 26, 2024

Mortgage originators who seek success in 2024 need to move with confidence and adaptability. Identify potential market impact The mortgage market is feast or famine, with origination volumes varying between high and low extremes. Evolve offerings with market demand Innovation in the mortgage market still exists.

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Housing Wire

MARCH 27, 2024

While your online presence is crucial to your success, each real estate event or conference on our list can help you stay current with the latest market, tech and industry trends, build your skills and expertise, and expand your referral network. Date: May 4-9, 2024 Location: Washington, D.C. Link to register 2.

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Real Estate Realtors Agents Real Estate Agent 412

Housing Wire

NOVEMBER 30, 2023

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and more existing-home inventory. Existing-home sales will end 2024 at 4.6 by the year’s end.

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Buyers Housing Market Sellers Inventory 473

Housing Wire

JANUARY 11, 2024

Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! As I have stressed time and time again, when the market believes the Federal Reserve is done hiking rates, the markets make a big move lower with the 10-year yield and mortgage rates.

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Supply Chain Marketing Mortgage 504

Housing Wire

JANUARY 6, 2024

I believe we should get more sellers in 2024 than in 2023, but that doesn’t necessarily mean home prices will fall. This is why following the housing market tracker tied to the 10-year yield, mortgage rates, and purchase application data will be as critical as last year to tell you what’s going on in the housing market.

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Inventory New Listings Housing Market Mortgage 542

Sacramento Appraisal Blog

JANUARY 4, 2024

What’s the housing market going to do in 2024? Nobody has a crystal ball, but here are some emerging trends. Scroll quickly by topic or digest slowly.

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Real Estate Housing Market Appraisal Marketing 325

Housing Wire

DECEMBER 13, 2023

Among all the experts’ forecasts for 2024, there is no number more tightly watched than mortgage rates, as those rates will undoubtedly impact sales, prices and construction as well. Mortgage rates The experts unanimously foresee lower mortgage rates in 2024, although none expect rates to fall below 6%. million to 5.07

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Inventory Construction Mortgage Buyers 466

Housing Wire

JANUARY 2, 2024

The “ silver tsunami ” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on the housing market this year, according to analyst Meredith Whitney in a conversation with Yahoo Finance. “[T]he

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Housing Market Marketing Real Estate Agent Real Estate 515

Housing Wire

MARCH 20, 2024

A fresh set of quarterly economic projections from Fed officials showed that borrowing costs are expected to end the year at 4.6%, suggesting that the central bank still plans to make three cuts of 25 basis points (bps) each in 2024. It seems to me they didn’t want to make that same mistake today.” “I

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Mortgage Government Lending Investors 441

Inman

APRIL 12, 2024

Tune in for an engaging discussion surrounding the latest trends, predictions and insider knowledge on the 2024 housing market to help you make informed decisions with confidence.

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Housing Market Marketing Agents 186

Housing Wire

MARCH 22, 2024

While marketing to your sphere of influence, networking, and direct mail campaigns work, they can be time-consuming and they don’t always yield quick results. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. Visit Market Leader 2.

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Real Estate Sellers Real Estate Agent Tools 420

Housing Wire

NOVEMBER 16, 2023

Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a report released Thursday. Fitch said its neutral outlook is underpinned by Fitch’s view that mortgage rates are near peak levels. Fitch does not rate Old Republic.

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Insurance Retail Mortgage Marketing 404

Housing Wire

DECEMBER 20, 2023

Those economic projections from the 19 members of the Federal Open Markets Committee show both a tighter consensus of opinions and a lower target Federal funds rate than the projections the FOMC made in September. percentage points above the average of four forecasts for the third quarter of 2024 and roughly 0.6 percentage points.

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Mortgage Realtors Real Estate Marketing 441

Housing Wire

APRIL 23, 2024

Nominations for HousingWire’s 2024 Marketing Leaders award are open now through April 30th, 2024. The HousingWire Marketing Leaders award recognizes outstanding professionals who have demonstrated excellence in marketing within mortgage and real estate. Click here to nominate someone.

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Marketing Project Management Advertising Real Estate 319

Housing Wire

MARCH 22, 2024

The market grappled with low inventory and mortgage rates that gave many homebuyers a reason to pause. Today, there are 100,000 more homes on the market than there were in March of last year — that’s 21% inventory growth. 1 spot by transaction sides in the 2024 RealTrends 500 rankings , based on 2023 data.

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Brokerage Realty Real Estate Inventory 421

Housing Wire

DECEMBER 19, 2023

Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest downturn in 2024. As a result, home sales will begin a “slow but meaningful recovery” in 2024, according to the December 2023 commentary from the Fannie Mae ESR Group. million to 5.07

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Inventory Mortgage Housing Market Finance 440

Housing Wire

JANUARY 16, 2024

After a multi-year decline in agent movement between brokerages , Relitix ’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024. “We Agents will begin moving more between brokerages in 2024 as the market begins to normalize.

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Real Estate Agent Real Estate Agents Brokerage 450

Sacramento Appraisal Blog

MARCH 14, 2024

I heard the best description of the market this week. I mean, how can you go wrong when relating the housing market to nachos? UPCOMING SPEAKING GIGS: 3/19/24 WCR Gold Country (details here) 3/21/24 2024 […] The post The housing market is like nachos first appeared on Sacramento Appraisal Blog.

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Housing Market Marketing Appraisal Construction 361

Housing Wire

DECEMBER 27, 2023

The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. United Wholesale Mortgage , the top lender in the country by volume, claimed just under 8% total market share over the first nine months of 2023.

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Mortgage Retail Lending Sellers 421

Housing Wire

NOVEMBER 28, 2023

The baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2024 will be $766,550, up 5.5% In 2022, the housing market was a little hotter than this year due to lower mortgage rates, pushing home prices up. These loans would normally end at the jumbo market , which is dominated by banks.

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Finance Government Law Mortgage 533

Housing Wire

FEBRUARY 9, 2024

After enduring challenges stemming from higher interest rates, stricter qualifications and broader industry consolidation, loan officers seem to be optimistic about how things have progressed in the early portion of 2024. This is according to a series of RMD interviews with six reverse mortgage originators from across the U.S.,

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Business Mortgage Loan Officers Marketing 430

Housing Wire

APRIL 23, 2024

2024 is that year! CE bundles price range: $299 to $799 Visit Kaplan 4 best real estate continuing education schools for 2024 Top Pick Colibri Real Estate Education ENROLL NOW & SAVE 30% Use HousingWire 30 at checkout Colibri offers real estate CE courses in all 50 states and Washington DC, with customized online bundles available.

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Real Estate Agents Best Value Design 445

Appraisal Buzz

APRIL 3, 2024

throughout 2024 due to inflation exceeding the Federal Reserve’s 2% target and a strong labor market, although displaying some signs of softening. The 10 strongest performing markets, poised for appreciation between 6%-7.5% Rates are expected to hover above 6.5% Topeka, Kan.; and Indianapolis, Ind.

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Inventory Real Estate Mortgage Appraisal 284

Housing Wire

DECEMBER 14, 2023

The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024. Additionally, Jensen and Wurzer will continue in their executive committee roles in 2024, serving as board chair and vice-chair, respectively.

Real Estate 419

Real Estate Realtors Technology Business 419

Housing Wire

NOVEMBER 2, 2023

HousingWire recently spoke with Mack Walker, SVP of capital markets at Deephaven Mortgage , about how the year went for the non-QM sector and what’s in store for the industry in 2024. Due to a tightened credit market and other factors, non-QM has been more in demand and the interest among lenders is growing.

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Investors Real Estate Lending Loan Officers 448

Housing Wire

OCTOBER 31, 2023

The finances at nonbank mortgage companies will remain under pressure in 2024, despite some relief in mortgage rates , according to a new Fitch Ratings report. trillion origination production for 2024, an increase of 19% compared to 2023 but still lower than the 2020-2021 highs.

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Mortgage Valuation Finance Investing 431

Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive.

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Brokerage Real Estate Training Buyers 421

Housing Wire

MARCH 27, 2024

Against the backdrop of elevated mortgage rates and soaring home prices , discerning the evolving financial dynamics between renter-friendly and buyer-friendly markets is also paramount. As of February 2024, the monthly cost of purchasing a starter home surpassed that of renting by $1,027, a 60.1% difference.

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Marketing Buyers Mortgage Housing Market 473

Housing Wire

APRIL 4, 2024

Nominations for HousingWire’s 2024 Marketing Leaders are open until April 30, 2024. HousingWire reached out to Baldwin to learn about how she stays ahead of the curve as a marketer and what she’s excited about in 2024. HousingWire: Milestones was recognized as a 2024 Tech100 Mortgage honoree.

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Marketing Real Estate Inspection Mortgage 297

Inman

MARCH 7, 2024

The prestigious award honors the most creative, innovative and strategic-thinking marketers within the real estate industry for 2024.

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Marketing Real Estate 183

Inman

MARCH 19, 2024

As the first day of spring arrives, three economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive U.S. home sales.

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Marketing Housing Market Buyers Brokerage 172

Housing Wire

FEBRUARY 7, 2024

However, the 85,049 agents lost between October 2022 and January of 2024, is still well below the 400,000-agent drop recorded between 2008 and 2012. To date, the membership figures are holding on much better than the market dynamics suggest,” Yun wrote. Since hitting a peak of 1.6 Inventory of listings is at historic lows.”

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Realtors Agents Brokerage Inventory 421

Housing Wire

JANUARY 9, 2024

“The feedback (from the Fee Freedom initiative) has been incredible from brokers because it helped them to be able to save money on a monthly basis, spend on marketing, spend on tools and things that can help them grow their business,” Fawaz said in an interview with HousingWire on Tuesday.

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Loan Officers Real Estate Agent Tools Business 332