Remove 2025 Remove Inventory Remove Investors Remove Sellers
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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 335
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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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Is it really the worst time ever to buy a house in the U.S.? 

Housing Wire

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. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. So what is the issue here?

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

Housing Wire

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. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. So what is the issue here?

Inventory 369
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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.

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How LOs, mortgage execs are preparing for 2024

Housing Wire

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.

Mortgage 438
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DataDigest: Did a Fed meeting change everything for 2024?

Housing Wire

In addition to predicting mortgage rates, they based their predictions for home sales and home starts largely on mortgage rates, as several experts have stated: “The story this year and the story next year depend on two variables: mortgage rates and inventory.” Similarly, Wells Fargo noted in its forecast made on Nov.

Mortgage 389