Housing Wire
MAY 8, 2024
We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. For example, Compass has access to off-market exclusives through Compass Private Exclusives and Coming Soon, which is particularly important in a low-inventory environment.” million homes in 2026,” Reffkin said.
Housing Wire
MAY 10, 2023
The transaction will ultimately result in the seller shutting down operations. Per the transaction, Mr. Cooper is acquiring all outstanding shares of Home Point and assuming $500 million in outstanding Home Point 5% senior notes due in February 2026. billion in 2022, a 71.6% decline compared to 2021.
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Housing Wire
DECEMBER 13, 2023
For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We in 2025, indicating four more 25 bps cuts.
Housing Wire
DECEMBER 11, 2023
When rates go down by a point, people sit on the sidelines because the consumers and the sellers want to know what the market is going to be when they sell the house. Most LOs don’t expect traditional rate-term refinance demand to return until the second half of 2025 and into 2026. in 2024, followed by 5.5%
Will Springer Realtor
JANUARY 9, 2024
Perhaps too late in the year to make a difference to many, at least the Fed’s upbeat forecast offers renewed hope for the pent-up pool of prospective buyers – possibly sellers, too – to seek out a new home in the coming 12 months. YoY, as sellers accepted prices at an average of 96.6% YoY, with sellers accepting 96.7%
Will Springer Realtor
OCTOBER 8, 2021
To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. Estimated opening is 2026. The combination of buyers leaving the market, which brings down demand, and the slow but steady increase in new listings has beefed up inventory slightly month-to-month.
Will Springer Realtor
APRIL 11, 2022
This year’s buying and selling campaign will be marked by increasing inventory (good!), The thought that early spring would produce more, longer-lasting inventory has yet to materialize. Inventories for condos were little changed from month to month, standing at 0.6 overall, where housing inventory rose 2.4%
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