Housing Wire

DECEMBER 21, 2024

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. This positive trend suggests that despite the typical slowdowns, the housing market is showing some promising resilience as we head toward the end of the year!

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Housing Wire

APRIL 8, 2025

announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. This is according to Tom Evans, EVP of marketing and technology for reverse at Fairway.

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Housing Wire

FEBRUARY 18, 2025

Rocket Mortgage on Tuesday unveiled RocketRentRewards, which the company says is the homeownership industrys first offer to provide closing cost credits for renters. With the national average rent at $1,800, that translates to $2,160 applied toward a clients closing costs.

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Housing Wire

APRIL 7, 2025

While the housing market seems like the least of our financial worries right now as stock markets are melting down around the globe, we track housing here at HousingWire, so it opens the question: how quickly could we see impact in the housing market and in which data would we see it first? Which force wins?

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Housing Wire

FEBRUARY 19, 2025

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. This is when your buyers need you the most. Have you spoken to a lender?

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Housing Wire

OCTOBER 29, 2024

The market is not great, so we aren’t often dealing with multiple-offer situations. Due to these conditions, Dwiggins and other industry professionals believe there won’t be much of an impact on first-time buyers until the housing market strengthens, leading some sellers to potentially stop offers of buyer broker compensation. “If

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Housing Wire

DECEMBER 20, 2024

Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. According to data from CoreLogic, investor purchases have tracked closely with consumer home sales, and the share of home sales attributable to investors is down as well. Same with the iBuyers.

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Housing Wire

APRIL 15, 2025

Unfortunately, we also had a huge spike in mortgage rates as the chaos of tariffs roiled markets, making U.S. So the question is, will this little bit of market momentum be able to hold up? Unsold inventory of homes on the market has been rising for years and is already at the highest level since 2019 nationally.

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Housing Wire

JANUARY 28, 2025

Real estate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process. Clients always on the go?

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Housing Wire

APRIL 16, 2025

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Keep reading for expert tips on how to close real estate deals faster, plus ways to make your real estate transactions more seamless. Who are these motivated clients? When is your lease up?

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Housing Wire

DECEMBER 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than at the end of 2023. A few states have more homes on the market now than any time in the last eight to 10 years. more than a year ago.

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Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? The number of unsold homes on the market is finally getting closer to 2019 levels. But, the market change isnt evenly distributed. Two and a half years.

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Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. A substantial drop in new listings is a contributing factor.

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Housing Wire

MARCH 7, 2025

housing market has shown signs of slowing, demand remains strong in key Midwest and Northeast cities, where homes are selling weeks faster than the national average, according to Realtor.com s Hottest Markets Report for February. There’s still a lot of first-time homebuyers in the market too. They keep the market healthy.

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Housing Wire

APRIL 28, 2025

During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 a goal of more than 100% growth over the next 18 months.

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Housing Wire

JANUARY 15, 2025

Rising personal home insurance rates, fueled by escalating claims costs, increasing property values and the growing frequency of natural disasters, will all have a profound impact on market dynamics and homeowners insurance costs. For real estate professionals and mortgage lenders, these shifts present both challenges and opportunities.

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Housing Wire

JANUARY 23, 2025

Tom closed over $17 million in volume in his second year in real estate. Tom Brennan: By the numbers Market: Charlotte, North Carolina Niche: Luxury homes Year one sales volume: $1.9 The local competition in Charlotte was fierce, and with only a handful of closed deals, he knew he couldnt compete with experienced agents.

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Housing Wire

FEBRUARY 17, 2025

A month after launching its new Private Exclusive Listings (PX) feature, agent-driven offer, negotiation and collaboration platform Final Offer has acquired Private Collection , a source of listing information for off-market properties. Financial terms of the deal were not disclosed.

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Housing Wire

MARCH 11, 2025

Over the last eight years, Abraham Sarway has parlayed calculated risks like this one into running a team that closed $100 million in volume in 2024. To this day, my team and I are still working in the South Bronx, even though we regularly close deals on luxury units in Manhattan.” He knew his local market data inside and out.

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Housing Wire

DECEMBER 18, 2024

The company has an aggressive marketing goal to reach the No. And then looking at the vast demand or the vast breadth of competitors out there, we kind of looked at where they are doing well and where did we need to kind of jump in there and kind of close that gap. Market share and brand authority Why launch this site now?

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Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. The primary and secondary mortgage markets may be separate business components, but mortgage originators must understand both businesses intimately. How do we get a loan from I want a house to its closed and done before they walk away?

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Housing Wire

APRIL 14, 2025

Real estate technology firm Lofty has announced the launch of Lofty Bloom, a new automated marketing solution aimed at helping real estate professionals focus on specific ZIP codes and generate high-quality seller leads. Campaigns launch automatically based on preset triggers, giving agents more time to focus on closing deals.

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Housing Wire

APRIL 21, 2025

of home sales from January through March included concessions such as money toward repairs, closing costs or mortgage rate buydowns. a year ago and close to the record figure of 45.1% a year ago and close to the record figure of 45.1% According to a new report from Redfin , 44.4% Thats up from 39.3% at the start of 2023.

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Housing Wire

DECEMBER 12, 2024

Every title company wanted a great piece of the current refi market and most would do about anything to obtain it.The problem; almost all were late to the party and not prepared. Unfortunate for most, whereas a few had prepared, most did not see the magnitude of this market anomaly! Consumers were refinancing in astronomical numbers!

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Housing Wire

DECEMBER 18, 2024

The key points of this report indicate that the Federal Reserve has overlooked the housing market for years. The existing home sales market does not align with their dual mandate of ensuring stable personal consumption expenditures (PCE) or consumer price index (CPI) prices, as these measures account for rent. We will soon find out.

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Housing Wire

APRIL 2, 2025

The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. Since we believe in the close relationship between the 10-year yield and mortgage rates , we expect mortgage rates to decrease tomorrow if bond yields continue to decline. But the real game changer? They nailed it!

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Housing Wire

MARCH 14, 2025

As market conditions evolve, homebuyers demand more than just rate quotes and loan approvalsthey seek guidance, financial literacy, and a trusted partner in wealth-building. Understanding todays mortgage market challenges 1. Deliver value beyond closing to foster long-term engagement. With rates hovering around 6.5%

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Housing Wire

APRIL 5, 2025

Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. With a backdrop of market volatility, the spreads got worse last week. 2025 has been much different.

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Housing Wire

JANUARY 9, 2025

They explore the intersectionality of trends in the labor and housing markets. After diving into some background on The Burning Glass Institute, Simonsen and Berger dive into the state of the labor market heading into 2025. Simonsen: Let’s get some baseline about the state of the labor market rolling into the end of 2024.

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Housing Wire

FEBRUARY 24, 2025

In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. housing market. more homes on the market now than a year ago. By the end of May there were 38% more homes on the market than the year prior. California and Arizona have 45% more homes unsold on the market now than a year ago.

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Housing Wire

JANUARY 9, 2025

The firm also added Sasha Stair a 2023 HousingWire Woman of Influence as its chief marketing officer in October 2024. Brown’s duties will also include monitoring emerging mortgage industry trends and aligning Xactus’ product strategy with the market. One example includes a collaboration with Thomas & Co.

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Housing Wire

MARCH 3, 2025

Matterports cutting-edge 3D capture and AI-powered property insights have already transformed how residential and commercial properties are marketed and experienced, Andy Florance, the founder and CEO of CoStar Group , said in a statement. CoStar paid $1.6 billion for the acquisition.

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Housing Wire

FEBRUARY 6, 2025

Multistate mortgage lender Click n’ Close on Thursday announced that it’s adding a 30-year, fixed-rate conventional loan option to its SmartBuy Shared Appreciation Mortgage (SAM) program. Click n’ Close’s program also offers down payment assistance (DPA) options ranging from 3.5% to 5% down.

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Housing Wire

JANUARY 12, 2025

During the 10-minute conversation, Pieklo explores his new focus on developing AFR’s wholesale lending strategy, the competitive landscape of the mortgage market, and the company’s unique approach to differentiating itself from other big names in the wholesale space. We look to the secondary markets first.

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Housing Wire

OCTOBER 25, 2024

Davis believes that by aligning with the right lender and expanding product offerings, originators can position themselves as valuable partners in a shaky market. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC.

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Housing Wire

DECEMBER 19, 2024

The jump in sales gives the market momentum heading into 2025, which is expected to outperform 2024. The existing-home sales report comes as major real estate companies are releasing their forecasts for the 2025 housing market. million sales in 2025, a number that is close to the current rate of 4.15 million, a 4.8%

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Housing Wire

JANUARY 17, 2025

This is why it’s essential to monitor builders’ forward-looking outlooks closely. As shown below, housing activity related to permits remains minimal, with single-family permits crucial to the market growing slowly. Historically, such a decline has served as a reliable indicator of upcoming shifts in the market cycle.

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