Appraisal Buzz
MARCH 17, 2025
CoreLogic has issued its Homeowner Equity Report (HER) for Q4 of 2024 which found that nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. CoreLogics HER shows that U.S. homeowners with mortgages (which account for roughly 61% of all properties) saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, which is less than the gain of $6,000 in Q3 2023.
Housing Wire
MARCH 15, 2025
Earlier this year, when mortgage rates soared to 7.26%, a cloud of worry hung over the housing market many feared that home sales would tumble in 2025, fueled by concerns about inflation and tariffs. But when it seemed doom and gloom would prevail, the 10-year yield dropped, pulling mortgage rates lower in a lovely slow dance. This unexpected turn of events breathed new life into the market, pushing purchase application data into positive territory for the year.
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Sacramento Appraisal Blog
MARCH 19, 2025
Wait, are short sales back? Yes, they are. But let’s unpack what this means and sift through the hype. Also, I have some thoughts about comp selection and VA carnage. I’d love to hear your take in the comments. UPCOMING SPEAKING GIGS: 3/20/25 HomeSmart iCare Realty 4/2/25 SAFE Credit Union (RSVP here) 4/10/25 Yuba-Sutter Association […] The post Short sales are BACK (sort of) first appeared on Sacramento Appraisal Blog.
George Dell
MARCH 17, 2025
In this part, we look at modeling, the third acceptable method. What kind of a method is modeling? Thats pretty broad. Editors Note:Read the entire series (so far) here. A common definition of model is a small representation of something. More formally, its an abstract/logical depiction to improve understanding of prediction. The Fannie Mae GSE […] The post Modeling the Time?
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Appraisal Buzz
MARCH 20, 2025
A new report released today from ServiceLink revealed that Gen Z remains eager and ready to buy a home this year. But high interest rates and home prices could deter them from crossing the finish line as their tolerance is waning. The annual survey analyzes generational trends among recent and prospective homebuyers, revealing their sentiment about the current housing market and their intentions to purchase, refinance or leverage home equity this year.
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Inman
MARCH 21, 2025
Real estate doesn't lack lead gen options, Jimmy Burgess writes. It lacks execution. He provides a wealth of resources and the strategies you need to implement them.
Eyes on Housing
MARCH 19, 2025
Sawmill and wood preservation firms reported lower capacity utilization rates coupled with level production and capacity throughout 2024. Despite no growth in production in 2024, utilization rates have trended downwards since 2017 as sawmills have expanded production capability. Even with more production capability, real output has not followed as output remains lower than 2018.
Appraisal Buzz
MARCH 20, 2025
ATTOM has released its year-end 2024 U.S. Home Flipping Report , which finds that 297,885 single-family homes and condos in the U.S. were flipped in 2024down 7.7% from the 322,782 homes and condos flipped in 2023 and 32.4% from a recent peak of nearly 441,000 reached in 2022. The report further reveals that as the number of homes flipped by investors declined, so did flips as a portion of all home sales, from 8.1% in 2023 to 7.6% last year.
Housing Wire
MARCH 18, 2025
Todays new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. Both of these data lines are currently still at the levels we saw in the early part of the COVID-19 recession. However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits.
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Inman
MARCH 20, 2025
CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nines target price is AUD 2.79 billion.
Eyes on Housing
MARCH 20, 2025
Existing home sales in February increased to the second highest level since March 2024, according to the National Association of Realtors (NAR). This rebound suggests buyers are slowly entering the market as inventory improves and mortgage rates decline from recent high in January. Despite rates easing, economic uncertainty may continue to constrain buyer activity.
Appraisal Buzz
MARCH 18, 2025
With all the revolving housing market trends going around, whats the new symbol of status? A lease. More affluent Americans are choosing to rent rather than buy a home, particularly in Sun Belt cities that saw a sharp rise in population during the pandemic. A new Redfin report showed that in recent years, wealthy renters have increased their share of the rental market in over three-quarters of the most populated U.S. metropolitan areas (35 out of 50), with Raleigh, NC, and Orlando, FL,leading th
Housing Wire
MARCH 18, 2025
Glenn Kelman seemed unusually down. The Redfin CEOs playful demeanor and quotable banter was notably absent on the companys fourth-quarter 2024 earnings call at the end of February. There could have been many innocuous reasons for sounding a bit deflated not enough sleep or a bad day at work. But in light of Redfins blockbuster sale to Rocket Mortgage that was announced less than two weeks later, hindsight dictates that Kelman may have known that the end of independence was coming for the compa
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Inman
MARCH 18, 2025
Learn from real estates best and brightest in the business, all while growing your network and meeting like-minded passionate and driven professional peers.
Real Estate News
MARCH 21, 2025
Buyer agreements are a good thing, Alabama Realtors CEO says, but the law, inspired in part by the DOJ, gives consumers and agents more time to negotiate.
Appraisal Buzz
MARCH 17, 2025
Although homeownership rates are rising for Americans of all races, specific challenges still exist for Black Americans. Experts in real estate are stepping in to assist purchasers in overcoming those hurdles. According to the National Association of Realtors (NAR) 2025 Snapshot of Race and Home Buying in America , the Black homeownership rate in the U.S.saw the largest year-over-year rise among racial groups in 2023, but it still lags well below the White homeownership rate.
Housing Wire
MARCH 21, 2025
The national delinquency rate edged up 5 basis points (bps) to 3.53% in February, which marked a month-over-month change of 1.45% and a year-over-year change of 5.69%. That’s according to Intercontinental Exchange’s (ICE) first look for its February 2025 month-end mortgage performance statistics. Today’s first look at the data revealed that FHA mortgages accounted for 90% of the 131,000 year-over-year rise in the number of delinquencies , despite making up less than 15% of all
Inman
MARCH 19, 2025
By defining your goals and ensuring a good fit, coach Verl Workman writes, you can choose a coaching company that will guide you to success.
GoForrmz
MARCH 17, 2025
Originally published on 11/05/2015 Using mobile forms? Check out this hidden trick to streamline your form-filling experience When creating digital forms for business operations, such as an employee evaluation template or a digital invoice , optimizing the user experience is essential. One often overlooked way to streamline form completion is setting the correct default keyboard for template fields.
Appraisal Buzz
MARCH 17, 2025
This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you! Read all these articles and more in the latest edition HERE. If you want to make sure you are receiving the print version of the Appraisal Buzz magazine in your mailbox, sign up HERE.
Housing Wire
MARCH 17, 2025
Fluctuating interest rates have been a feature of the housing market over the last three years. As mortgage rates rose, homebuyer demand slowed and inventory grew. In 2025, mortgage rates have stayed stubbornly high for yet another spring buying season. Today, home sales still remain super slow. Our 2025 housing market predictions are based on the assumption that lower mortgage rates will spur demand and boost the number of homes sales transactions.
Inman
MARCH 17, 2025
Billion-dollar deals arent just making headlines; theyre reshaping the industry, consultant Chris Pollinger writes. The subsequent impact will be felt by every agent, brokerage and homebuyer in the game.
Real Estate News
MARCH 18, 2025
William Pulte ousts board members, adds new ones, including a DOGE-affiliated engineer. Plus, HUD floats affordable housing proposal, the CFPB clings to life.
Appraisal Buzz
MARCH 20, 2025
Truework , a provider of income and employment verification technology, has introduced Truework Intelligence, the first fully automated and comprehensive verification platform for mortgage lenders and property managers. The Truework Intelligence platform covers the end-to-end verification experience by delivering automatic orchestration, data standardization and insightsreplacing homegrown vendor waterfalls and associated internal processes, eliminating guesswork and handing customers a plug-and
Housing Wire
MARCH 17, 2025
At the end of 2024, I wrote that the homebuilding sector could be a potential wildcard for 2025 and that was before the new tariffs on building materials and firing of federal workers. If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important? To avoid a job loss recession, closely monitoring the homebuilding industry is essential.
Inman
MARCH 19, 2025
The formula for a future-ready brokerage, according to new Inman contributor Abbey Wostal: Make yourself accessible, create a culture of collaboration and focus on growth over volume.
Real Estate News
MARCH 19, 2025
Economic factors could cause the Federal Reserve to change course, but heading into the spring homebuying season, mortgage rates are likely to remain stable.
Appraisal Buzz
MARCH 18, 2025
ACES Quality Management has released its quarterly ACES Mortgage QC Industry Trends Report, covering the third quarter of 2024, an analysis of a post-closing quality control data derived from ACES Quality Management & Control software. According to the report , as weather-related natural disasters increase in frequency and severity, home insurers have responded to the increased risk by dramatically increasing premiums or simply ceasing to issue new policies in heavily impacted regions.
Housing Wire
MARCH 19, 2025
Mortgage applications decreased 6.2% from last week, which marked the first decrease in several weeks. That’s according to the latest data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 14, 2025. The Market Composite Index, which measures mortgage loan application volume, decreased 6.2% on a seasonally adjusted basis from one week earlier.
Inman
MARCH 21, 2025
Coach Annette DeCicco shares how this Maryland agent took the skills she learned from being a social worker and applied them to a thriving career in real estate.
Real Estate News
MARCH 17, 2025
Economic uncertainty could slow sales during the peak season, but listing in April or May remains a good bet. In some metros, selling season starts now.
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