Remove 2025 Remove Buyers Remove Inventory Remove Investors
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. million to 5.6

Agents 336
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What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

in 2025, indicating four more 25 bps cuts. Treasuries, which move based on anticipation about the Fed’s actions, what the Fed ends up doing and investors’ reactions. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We

Inventory 457
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Mortgage rates are the highest they’ve been this year. Did loan officers expect this?

Housing Wire

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Many of his buyers are still waiting for rates to come down before seeking preapproval for a mortgage. economy remains hot.

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Is it really the worst time ever to buy a house in the U.S.? 

Housing Wire

One thing is certain: potential buyers of all ages are not happy about the current market conditions. Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021.

Inventory 370
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Is it really the worst time ever to buy a house in the U.S.? ?

Housing Wire

One thing is certain: potential buyers of all ages are not happy about the current market conditions. Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021.

Inventory 369
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Mortgage rates decline following debt ceiling deal 

Housing Wire

trillion limit until January 2025 and cap government spending. Investors’ eyes are now fixed on the upcoming FOMC meeting, scheduled for June 13 and 14. While elevated rates and other affordability challenges remain, inventory continues to be the biggest obstacle for prospective homebuyers.” for the third consecutive week.

Mortgage 375
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A soft landing for the real estate market. What’s next?

Housing Wire

The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. By October 2022, it looked like 2023 would have rising inventory and falling home prices. By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year.