Housing Wire

JANUARY 6, 2025

The New Years week was expected to be slow, so it’s no surprise that new listings and sales are down. The Christmas and New Year’s holidays fell on Wednesdays this year, which messes up two full weeks in terms of getting home sales done and tracking the numbers. And, those that are immediate sales.

Sales 430

Sales Days on market Mortgages Marketing 430

Housing Wire

NOVEMBER 4, 2024

Home sales are significantly better than they were last year at this time. These are homes that will generally close in November and December. Another tricky part of communicating this news is that home sales aren’t suddenly great. Another tricky part of communicating this news is that home sales aren’t suddenly great.

Sales 387

Sales Staging Mortgages Closing 387

Housing Wire

MARCH 3, 2025

Regardless of whether you are on the buy or sell side for a mortgage lender and/or servicer in a M&A transaction, it is critical to focus on post-closing matters too. Below are some of the items that wont necessarily be on your radar when you initially explore an acquisition or sale, but may need to be dealt with on a post-closing basis.

Purchase and sale agreement 401

Purchase and sale agreement Closing Industrial Mortgages 401

Housing Wire

JANUARY 20, 2025

We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Those sales gains have evaporated and even reversed. Sales are slow, so inventory of unsold homes is building. Ill share some of those signals in a minute.

Sales 388

Sales Mortgages Staging Fixed-rate mortgage 388

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.

Closing 343

Closing Branding As-is Agents 343

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. Think of this as building a roadmap for their homebuying journey.

Closing 363

Closing Due diligence Earnest money deposit Pre-approval 363

Housing Wire

APRIL 16, 2025

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Faster sales not only allow us to help more clients each year, they also help alleviate some of the stress and anxiety that come with a commission-only career. Who are these motivated clients?

Closing 324

Closing Pre-approval Pre-qualification Agents 324

Housing Wire

MARCH 14, 2025

TD Bank confirmed to American Banker that it intends to close 38 branches in 10 states and Washington, D.C. And a recent bulletin from the Office of the Comptroller of the Currency (OCC) show that Flagstar Bank is closing 24 branches in five states. The affected TD branches will close by June 5, the bank said.

Banks 367

Banks Closing Finance Mortgages 367

Housing Wire

MAY 19, 2025

They closed nearly $40 million in volume in 2024, vibe flipping luxury homes. They walked us through their exact strategy for building a team, finding homes to renovate and sell and which renovations get the best ROI at the closing table. Claire and Sam OConnor are living your HGTV-inspired rockstar Realtor dream life.

Closing 384

Closing Renovation Hard money loan Design 384

Housing Wire

MAY 5, 2025

Weekly pending home sales disappointed in the last week of April, with 10% fewer than the same week in 2024. To be specific, single-family home sales came in 8% fewer than the same week last year, and condo sales came in 19% fewer. The median price of the weekly pending sales came in below the same week last year.

Sales 326

Sales Fixed-rate mortgage Mortgages As-is 326

Housing Wire

JULY 11, 2025

If the buyer was a veteran with a VA loan, I could have the buyer ask the seller to pay all their closing costs and up to 4% towards the homebuyer’s debt. One concern some may have with this change is, “What if they take out more debt after closing?” I utilize it for my clients every day. We do this all the time.

Debt-to-income ratio 422

Debt-to-income ratio VA loan Seller concession Sales 422

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.

Closing 370

Closing Agents Branding As-is 370

Housing Wire

OCTOBER 18, 2024

New York Community Bancorp (NYCB) this week announced that it rebranded to Flagstar Bank , laid off 700 employees and anticipated the transition of another 1,200 to Mr. Cooper Group as part of the sale of its third-party origination (TPO) business and mortgage servicing rights (MSRs).

Banks 430

Banks Sales Commercial Equity 430

Housing Wire

DECEMBER 18, 2024

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. Instead, the existing home sales market is more about transferring commissions rather than causing significant job losses in the economy.

Construction 506

Construction Residential Sales Mortgages 506

Housing Wire

JUNE 18, 2025

Even though new home sales showed growth last month, the homebuilders — both big and small — have no desire to grow housing permits or starts with 7% mortgage rates. The main issue is that supply is increasing for builders; both the number of completed units for sale and their backlog of homes that haven’t started yet are at all-time highs.

Construction 545

Construction Sales Mortgages Staging 545

Housing Wire

FEBRUARY 24, 2025

If there are too few homes for sale, they dont have to be affordable to everyone, they only have to be affordable to a few people. In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. At that time in the fourth quarter, home sales picked up and home prices did too. housing market.

Sales 485

Sales Mortgages As-is Marketing 485

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% McVay said concessions have become a strategic way for sellers to meet buyers financial needs without lowering their sale price.

Seller concession 428

Seller concession Purchase and sale agreement Closing costs New Construction 428

Housing Wire

MAY 20, 2025

Jose Prats: By the numbers Market: Los Angeles, California Niche: Character homes 2024 team sales volume + sides: $44,400,000 + 21.5 He walked us through finding his ikigai, his best tips for new agents and his exact strategy for building his Instagram account into his primary lead source.

Agents 338

Agents Closing Design As-is 338

Housing Wire

JANUARY 24, 2025

The company has raised close to $16 million in investments from Second Century and over 100 real estate professionals since it’s founding in January 2021. Final Offer currently operates in 11 U.S. states alongside Ontario and Alberta, Canada.

Marketing 370

Marketing MLS Sales Agents 370

Housing Wire

MARCH 31, 2025

The weekly pending home sales rate is above last year at this time. There are just slightly more home sales happening now than last year at this time. There are more sellers each week, and there are more sales, but the supply side is growing faster than demand. Its getting close. Those do not seem imminent.

Sales 458

Sales Mortgages As-is Marketing 458

Housing Wire

DECEMBER 30, 2024

In the last few months, the market finally saw some sales growth over the previous year. Theres another set of sellers that we call immediate sales. There were only 5,000 immediate sales this week. Total pendings increase When we look at sales volumes, there are 269,000 single-family homes under contract.

Marketing 543

Marketing Sales Mortgages As-is 543

Housing Wire

JUNE 19, 2025

of all home sales. Regional differences in activity Home flips as a share of total sales increased in 132 of 173 U.S. In Macon, Georgia, flips made up 21% of all home sales — the highest rate in the country. ROI, followed closely by Pittsburgh and Scranton, Pennsylvania. Home Flipping Report.

Investor 398

Investor Finance Sales Marketing 398

Housing Wire

MARCH 4, 2025

The pace of home sales remains near a 30-year low point as home prices and mortgage rates keep potential borrowers in wait-and-see mode. Simonsen noted that the 60,000 pending sales of single-family homes are down 3% year over year even as the 639,000 homes available for purchase are up 28%.

Mortgages 471

Mortgages Sales Finance Closing 471

Housing Wire

JUNE 30, 2025

Best case, the deal closes late. It doesn’t close at all. Manual verification eats time, and time Is money Every hour spent collecting documents is an hour not spent prospecting, closing or nurturing new referral relationships. Worst case? It means lost time, lost trust and lost revenue.

Loan Officer 370

Loan Officer HR Loans Closing 370

Housing Wire

MAY 15, 2025

All-cash offers can benefit both buyers and sellers in ways that go beyond a lower sales price. All-cash offers may save buyers money Because sellers sometimes lower their asking price for all-cash offers, buyers can often save money on the home’s sale price.

Closing 339

Closing Mortgages Lending Sales 339

Housing Wire

JUNE 14, 2025

Why aren’t home sales crashing as they did in 2022? But, housing demand continues to hold up, surprising people who can’t explain why home sales aren’t crashing anymore given elevated mortgage rates. Many homeowners adjust their sale prices as inventory levels rise and mortgage rates stay elevated.

Mortgages 523

Mortgages Sales As-is Marketing 523

Housing Wire

OCTOBER 23, 2024

What had previously been a surprisingly mild 2024 hurricane season closed with two devastating storms that hammered Florida and North Carolina. The state more broadly saw precipitous drops in new pending home sales, and the western coast of Florida experienced the sharpest declines. New home listings stood at 770 on Oct.

Investor 441

Investor Sales Closing Marketing 441

Housing Wire

NOVEMBER 19, 2024

Since a Fed president makes this claim, it’s worth examining the data closely as he and his staff should be able to see the same housing data we are all looking at. We should note that existing home sales are in the third consecutive year of the lowest sales on record when you adjust to the workforce size.

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

JANUARY 17, 2025

range are positive to grow sales, whereas rates at 7% and above especially 7.50% or higher significantly impact the builder data. When analyzing new home sales data and housing starts, it’s important to remember this rule of thumb. This is why it’s essential to monitor builders’ forward-looking outlooks closely.

Mortgages 475

Mortgages Construction Sales As-is 475

Housing Wire

JUNE 6, 2025

Among them, those ranked in RealTrends Verified The Thousand (based on 2024 data) closed 189,930 transaction sides — down slightly from 198,356 last year. But they also pushed sales volume to $150 billion, up from $142 billion in the year prior. The message is clear: The best aren’t just holding on; they’re gaining ground.

Agents 414

Agents Branding Residential Banks 414

Housing Wire

JULY 8, 2025

The Bruen Team — a small but rapidly growing real estate agency based in Morristown, New Jersey — recorded its best year ever in 2024 by closing nearly $40 million in sales volume and earning a spot in the 2025 RealTrends Verified rankings for small teams. Best year ever The Bruen Team closed $39.93

Brokerage 414

Brokerage Agents Industrial Sales 414

Housing Wire

JULY 9, 2025

In 2024, PorchLight closed 1,257 transaction sides for a total sales volume of $922.3 This performance was good enough for a top-350 ranking nationwide by sales volume in the 2025 RealTrends Verified Rankings. According to the release, PorchLight and its agents will operate under the Compass brand once the merger is completed.

Branding 406

Branding Brokerage Technology Agents 406

Housing Wire

JUNE 25, 2025

JMG , located in 42 states, finished 2024 with approximately 820 agents nationwide — now over 1000 — with 10,279 closings and $5.1 In 2024, JMG closed more transactions by agent count than any of the other Mega 1000 brokerages in the U.S. billion in closed sales. billion in transaction volume.

Brokerage 388

Brokerage Agents Technology Closing 388

Housing Wire

JUNE 26, 2025

The company’s model features three residential listing packages — two flat-fee options starting at $999, and a virtual full-service package with a 1% commission paid at closing. Assisted Seller ($1,499 flat fee): Adds dedicated agent support, including review of the agreement of sale, and help with required documentation.

MLS 330

MLS Residential Brokerage Closing 330

Housing Wire

MARCH 13, 2025

The deal involves two of the nations top-four brokerages by sales volume in 2024, according to data from RealTrends Verified. billion across more than 177,000 home sales. billion across nearly 236,000 sales. That deal is expected to close in the second or third quarter of 2025. Compass ranked No. 1 last year with $184.5

Purchase and sale agreement 388

Purchase and sale agreement Brokerage Equity Development 388

Housing Wire

DECEMBER 20, 2024

Home sales in 2024 have been well below historic norms. 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. But even investors have purchased fewer homes this year. markets.

Investor 430

Investor Marketing Sales Mortgages 430

Housing Wire

NOVEMBER 5, 2024

And for all talk about getting a good deal on a purchase or sale, people still just want to find the right home and have a smooth process. 1 need, while only 14% said they wanted help in negotiating the terms of the sale. The survey also shed light on the different methods by which agents are marketing homes for sale.

Purchase and sale agreement 417

Purchase and sale agreement Agents MLS Sales 417