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Confused by the CCP debate? Here’s what to know

Housing Wire

When a listing is a private exclusive, Compass privately markets the property to all Compass agents, which it claims allows the seller to test the market to gain insight on the property and its pricing without accumulating days on market or price drops.

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Record mortgage rates killed existing home sales in November

Housing Wire

“In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” Lawrence Yun, NAR’s chief economist, said in a statement. Plus, available housing inventory remains near historic lows.”. million homes, which represents 3.3

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Why industry experts don’t expect mortgage rates to fall

Housing Wire

A housing recession is here, Marty Green, principal at Polunsky Beitel Green , emphasized. . Buyers, on the other hand, are more in tune with higher mortgage rates and have more leverage in the market, loan originators and real estate echoed. As of September, the median home price was $384,800 for existing homes of all types, an 8.4%

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The Most Fascinating Listing I Have Ever Seen!

Toronto Realty Blog

Let’s just say that you don’t need to take a day off to figure this one out, but the first person to post the reference in the comments wins my utmost respect and potential future friendship… So how about twenty-two times ? 89 days on market. 39 days on market. 83 days on market.

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Answering sellers, ‘My neighbor sold over asking in one day, so I should too’

Real Trends

” “I’ve been teaching my agents several things regarding managing seller’s expectations as this market shifts,” says Gail B. Ailor, principal broker of Fathom Realty in Virginia. Ailor, Wynn and Bolin also use data and statistics to back up current market pricing trends. Education is key.

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What’s Happening to Your Home Equity in a Cooling Housing Market?

HomeLight

So if your home is worth $400,000, and you have $320,000 left in unpaid principal on your mortgage loan, that means you hold $80,000 equity in your home or 20%. The principal balance you still owe on your mortgage. To understand what’s happening with your home’s equity, it’s worth digging into current housing market trends.

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Is Now a Good Time to Buy a House with Cash in 2025?

Marco Santarelli

Skip the Mortgage Hassle (and Cost): No loan applications, no mountains of paperwork, no qualifying, and no monthly principal and interest payments stretching out for decades. Research Local Market Conditions: While the NAR data gives a national picture, real estate is local. This is your chance to potentially snag a better deal.

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