Housing Wire

JANUARY 30, 2025

Compared to a month prior, contract signings fell 5.5% An index reading of 100 is equal to the level of contract signings in 2001. After four straight months of gains in contract signings, one step back is not welcome news, but it is not entirely surprising, Lawrence Yun, NARs chief economist, said in a statement. in the West.

Contracts 385

Contracts Housing Market Buyers Realtors 385

Housing Wire

DECEMBER 27, 2024

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Real Estate 383

Real Estate Brokerage Contracts Tools 383

Housing Wire

MAY 14, 2025

While the average contract interest rate for 30-year fixed-rate mortgages increased to 6.86%, the average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances saw a small decrease to 6.85% from 6.86%. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.12% from 6.17%.

Mortgage 331

Mortgage Contracts Government Inventory 331

Housing Wire

MAY 21, 2025

Across the board, average contract interest rates increased. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.92% from 6.86% and 30-year fixed-rate mortgages with jumbo loan balances increased to 6.94% from 6.85%.

Mortgage 360

Mortgage Contracts Investors 360

Housing Wire

JANUARY 20, 2025

New contracts for home purchases are coming in very low this month. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. When will that be? I have no idea.

Mortgage 384

Mortgage Inventory New Listings Contracts 384

Housing Wire

MAY 7, 2025

The economic news last week included a negative reading for first-quarter GDP growth and further signs of contraction in the manufacturing sector, mixed with a solid employment report for April. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased to 6.84% from 6.89%. from 13.1%

Mortgage 359

Mortgage Contracts Government Buyers 359

Housing Wire

DECEMBER 18, 2024

Originally filed in October by Maurice Muhammad, a broker at Progressive Realty , the suit claims that NAR, along with other Realtor associations and executives, have violated federal civil rights statutes, engaged in unlawfuldiscriminatorypractices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

Realtors 383

Realtors Contracts Law Realty 383

Housing Wire

MAY 28, 2025

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.98% from 6.92%. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.66% from 6.60%. Lastly, the average contract interest rate for 5/1 ARMs increased to 6.22% from 6.16%.

Contracts 329

Contracts Mortgage Inventory Marketing 329

Housing Wire

FEBRUARY 3, 2025

The checklist covers such broad areas and topics as: organizational structure; litigation; compliance ; intellectual property; real property; financial and tax; labor and employment; material, vendor, and software contracts; insurance; and customers. It is often easy enough to do an initial online search to look for red flags.

Mortgage 395

Mortgage Contracts Insurance Sellers 395

Housing Wire

OCTOBER 21, 2024

Pending home sales up There were 60,000 single-family homes which took offers and went into contract this week across the country. That’s 9% more than last year and in fact 11% more sales contracts started than the same week in October 2022. Overall, there are 358,000 single-family homes in contract. right now is $439,900.

Sellers 441

Sellers Inventory New Listings Contracts 441

Housing Wire

MAY 21, 2025

It found significant lapses in process and procedures within HHA concerning the award of contracts, as well as contract administration and procedure, including the review and approval of payments under awarded contracts.

Contracts 288

Contracts Training Legal Tools 288

Housing Wire

OCTOBER 28, 2024

The median price of the homes that went into contract this week — these are the new purchase offers with contracts pending — is now 6% greater than last year. These are the homes that got listed for sale and took offers and went into contract within just a few days of listing. Home prices ticked up this week.

Inventory 449

Inventory New Listings Sellers Contracts 449

Housing Wire

OCTOBER 21, 2024

GNMA and TCB signed no contract explicitly acknowledging GNMA’s rights in the tails,” the judge wrote, later adding that “a contract providing for the power to extinguish did exist. The contract that satisfies the statute is the Guaranty Agreement between RMF and GNMA.

Contracts 417

Contracts Law Mortgage Legal 417

Appraisal Buzz

NOVEMBER 27, 2024

NAR’s Pending Home Sales Index (PHSI)–a forward-looking indicator of home sales based on contract signings–rose 2% to 77.4 An index of 100 is equal to the level of contract activity in 2001. It’s encouraging to see contract signings increasing in all major regions of the country,” said Yun. in October. in October, up 2.5%

Contracts 418

Contracts Inventory Mortgage Buyers 418

Housing Wire

DECEMBER 19, 2024

Weekly pending contracts improved as well When you observe an increase in weekly purchase applications alongside a rise in weekly pending contract data compared to previous periods, it indicates that demand is growing.

Mortgage 470

Mortgage Contracts Housing Market Inventory 470

Housing Wire

APRIL 5, 2025

Additionally, our weekly pending contract data and new listings are trending positively compared to last year. Weekly total pending sales The latest weekly total pending contract data from Altos offers valuable insights into current trends in housing demand.

Mortgage 530

Mortgage New Listings Inventory Contracts 530

Housing Wire

APRIL 30, 2025

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased marginally to 6.89% from 6.90%. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 6.88% from 6.90%. The VA share of total applications decreased to 13.1% from 13.4%

Mortgage 331

Mortgage Contracts Inventory Buyers 331

Housing Wire

MARCH 15, 2025

Weekly pending sales The latest weekly pending contract data from Altos offers valuable insights into current trends in housing demand. However, our shorter weekly contract data lines are showing improvement. And remember, mortgage rates fell to around 6% in late 2022 and early 2023.

Mortgage 534

Mortgage New Listings Inventory Housing Market 534

Housing Wire

FEBRUARY 24, 2025

There are fewer immediate sales that go directly into contract. This week the median price of the new contracts came in at $385,000. We measured $385,000 as the median price for this weeks home sales contracts. We counted 57,000 new contracts pending for single family homes plus another 12,000 condo sales.

Inventory 464

Inventory New Listings Sellers Contracts 464

Housing Wire

JANUARY 15, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances and 30-year fixed-rate mortgages backed by the FHA both saw increases for jumbo loans it was an increase to 7.05% from 6.99%, and for FHA loans the interest rate reached 6.76% from 6.65%. The V A share shrunk to 15.7% from 16.2%

Mortgage 369

Mortgage Contracts Marketing 369

Housing Wire

DECEMBER 18, 2024

MBA data also showed that average contract interest rates across loan types increased during the week. Contract interest rates for 15-year fixed-rate loans increased by 3 bps to 6.15%, following a period of stagnation a week earlier. Rates for 30-year jumbo loans (balances above $766,550) grew by 7 bps to 6.86%.

Mortgage 372

Mortgage Contracts Government Inventory 372

Housing Wire

DECEMBER 28, 2024

2023: 35% 2022: 38% Weekly pending sales The latest weekly pending contract data from Altos Research offers valuable insights into real-time trends in housing demand. Over the last 10 weeks of the year, there has been an increase in year-over-year pending contracts compared to 2022 and 2023 despite rising mortgage rates.

Inventory 504

Inventory Housing Market Marketing New Listings 504

Housing Wire

DECEMBER 5, 2024

Coffee & Contracts: @coffeecontracts Content style: Creative marketing resources for real estate agents Coffee & Contracts is like discovering a secret weapon for your real estate business. If you want content that is sure to wow your followers and attract new leads, Coffee & Contracts has everything you need to get there.

Real Estate 384

Real Estate Agents Real Estate Agent Luxury Properties 384

Housing Wire

FEBRUARY 5, 2025

Average contract interest rates for 30-year fixed-rate mortgages with conforming loan balances decreased to 6.97% from 7.02% and jumbo loans for 30-year fixed-rate mortgages also saw a small decrease to 7.01% from 7.02%. Like ARM activity, the USDA share of total applications remained unchanged at 0.5% from the week prior.

Contracts 331

Contracts Mortgage Government Marketing 331

Housing Wire

MARCH 19, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances increased to 6.78% from last week’s 6.68%. The USDA share of total applications remained unchanged at last week’s 0.4%. Mortgage rates saw increases across the board.

Mortgage 361

Mortgage Contracts Inventory Marketing 361

Housing Wire

DECEMBER 7, 2024

We also see growth in our pending contract data compared to 2022 and 2023. Weekly pending sales The weekly pending contract data from Altos Research offers an insightful look into real-time housing demand. Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand.

New Listings 491

New Listings Inventory Contracts Housing Market 491

Housing Wire

NOVEMBER 18, 2024

When we add back in another 7,500 new listings with immediate sales — those are already in contract and not added to the active inventory — overall that’s just 3% more sellers than a year ago. Frankly, it feels like the housing market is contracting a bit now in November.

Housing Market 421

Housing Market Marketing New Listings Inventory 421

Housing Wire

JANUARY 13, 2025

Pending home sales drop There were just under 41,000 newly pending contracts for single-family homes this week. There are just 252,000 single-family total homes in the contract pending stage. Home prices a smidge lower The median price of the homes that started contract for sale this week is just under $375,000.

Sellers 397

Sellers Inventory New Listings Contracts 397

Housing Wire

NOVEMBER 30, 2024

Weekly pending sales The weekly pending contract data from Altos Research gives us an extraordinary glimpse into real-time housing demand. It’s encouraging to see pending contracts holding up year over year, even though home prices and mortgage rates have been higher recently.

Mortgage 512

Mortgage Inventory New Listings Contracts 512

Appraisal Buzz

JANUARY 17, 2025

of homes that went under contract that month. Homes Sold at the Slowest December Pace in Five Years The study also found that the typical home that went under contract in December was on the market for 49 daysthe slowest December pace since 2019. of homes went under contract within two weeksthe lowest share in five years.

Contracts 397

Contracts New Listings Real Estate Agent Mortgage 397

Housing Wire

NOVEMBER 23, 2024

Weekly pending sales The Altos Research weekly pending contract data provides insights into real-time demand. Even today, the pending contract data remains resilient despite higher home prices and mortgage rates than last year. Last week saw 2% week-to-week growth but was down 1% year over year.

Mortgage 504

Mortgage Inventory New Listings Contracts 504

Housing Wire

APRIL 10, 2025

Florida-based Keller Williams franchisees are alleging that prominent eXp Realty team leader Veronica Figueroa and Joseph Firmin have breached a contract and misappropriated trade secrets in their recruiting efforts. In the complaint, the franchisees accuse him of breach of contract and misappropriation of trade secrets.

Realty 378

Realty Agents Contracts Government 378

Housing Wire

MARCH 4, 2025

The takeaway from the pending sales numbers is that it takes roughly 35 days on average for sales to close, so homes in contract now will generally close in March, Simonsen wrote. We know there are fewer homes in contract than last year at the end of February so we have visibility that home sales for Q1 2025 will come in below Q1 2024.

Mortgage 442

Mortgage Contracts Buyers Housing Market 442

Appraisal Buzz

APRIL 3, 2025

decline in pending house sales, or homes under contract, as buyers were burdened by high mortgage rates and financial uncertainties. more unsold properties overall, including those under contract. Summary Major metro regions saw a 5.2% For the seventeenth consecutive month, the number of available homes increased by 28.5%

Inventory 335

Inventory Buyers Contracts Sellers 335

Housing Wire

NOVEMBER 27, 2024

The MBA reported that the average contract interest rate for 30-year fixed-rate loans with conforming balances ($766,550 or less) dropped by 4 bps during the week to 6.86%. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.86 of applications.

Mortgage 369

Mortgage Contracts Government Inventory 369

Housing Wire

NOVEMBER 25, 2024

Home sales at average pace There were 56,000 new contracts pending last week which was a pretty good clip for mid November. That was 6% more new contracts started than a week ago and also 6% more than a year ago. We’ve been averaging 56,000 new contracts each week for single-family homes.

New Listings 383

New Listings Inventory Sellers Contracts 383

Housing Wire

MARCH 5, 2025

The average interest rate for a 30-year fixed-rate mortgage shrunk down to 6.73%, while the average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances also saw a decrease to 6.83% from 7.00% Both 15-year fixed-rate mortgages and 5/1 ARMs saw rate decreases to 6.12% from 6.25% and 5.85% from 6.05%, respectively.

Mortgage 491

Mortgage Government Contracts Buyers 491