Mon.May 12, 2025

article thumbnail

What happens to mortgage rates with more trade deals?

Housing Wire

What will happen to mortgage rates now that China and the U.S. have made progress in their trade war, agreeing to a 90-day period of lower tariffs? Stocks are up considerably this morning and bond yields have also increased. This raises the question: Is the de-escalation of the trade war good for mortgage rates ? The trade deals are just one factor, but I see three possible scenarios for mortgage rates in this environment.

Mortgages 461
article thumbnail

1 in 4 potential buyers waiting for rates to fall — below 3%

Real Estate News

A new report suggests mortgage rates are continuing to delay purchase decisions, but younger buyers are most eager to trade renting for homeownership.

Mortgages 350
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Homebuyers turn to aging properties as construction lags

Housing Wire

The median age of homes purchased nationwide reached a record high of 36 years in 2024, a significant jump from 27 years in 2012, according to an analysis released Monday by Redfin. The trend reflects a long-term slowdown in new home construction and growing affordability challenges. Buyers are increasingly turning to older properties, often out of necessity rather than preference.

article thumbnail

Tariff rollback is good news for the lagging market

Real Estate News

In addition to lowering costs, the 90-day pause could improve consumer confidence and rejuvenate the slow spring homebuying season.

Marketing 280
article thumbnail

Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

article thumbnail

More home sellers and home sales in May

Housing Wire

The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago. If youre following the data closely, you know that home sales are still running at or below last years pace. Year to date, through the first week of May, we count 3% fewer total sales than in 2024. But in May and June, the yearly comparisons get easier because last year at this time was really dry due to the highest mortgage rates of the year.

Sales 416

More Trending

article thumbnail

Why the ‘silver tsunami’ is a big challenge for small communities

Housing Wire

The so-called silver tsunami referring to some kind of rush of older people into certain places, out of the workforce or to their housing stock, depending on who you talk to has larger communities scrambling about how to effectively absorb more older residents. High-profile retirement destinations including South Florida and California have openly discussed the challenges that an older population will bring for their communities , workforces and resources.

As-is 353
article thumbnail

Former Side, Zillow exec lands at Anywhere

Real Estate News

Steve Capezza will lead growth and M&A strategy at the brokerage giant to solidify and strengthen its position as the leading player in real estate today.

Land 159
article thumbnail

Bidding wars for mortgage LOs heat up again

Housing Wire

Bidding wars for producing mortgage loan officers are back with a vengeance and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. Just ask Candice McNaught , the senior vice president of business development and strategic initiatives at Connecticut-based Planet Home Lending. McNaught has the tough task of expanding the companys distributed retail platform by hiring 100 loan officers by years end five times the number she ha

Mortgages 368
article thumbnail

The Most Common Roofing Problems in the Spring

AAOA

As spring emerges, landlords must address common roofing issues post-winter, such as misaligned shingles, blocked gutters, worn membranes, chimney damage, and nesting animals. Timely maintenance and repairs are essential to prevent structural damage and ensure tenant safety. Proactive measures like gutter cleaning and sealing gaps mitigate potential problems, ensuring hassle-free property management year-round.

article thumbnail

The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

article thumbnail

Changing the rules of entry: A keyless shift powered by AI 

Housing Wire

As renter expectations shift, property managers and owners are forced to rethink operational efficiency. Property management has heavily relied on outdated processes designed for yesterdays renter. Many often deal with lost keys, wasted time during client no-shows, and inefficient access that create daily challenges that can be resolved with a more digital approach.

article thumbnail

Renters Need to Earn $100K in Twice as Many Markets Than in 2020 (April Rent Report)

Zillow Market Reports

The rising costs of living have impacted affordability for renters across the country. Nationwide, renters today need to earn more than $80,000 to comfortably afford the typical rental, up from $60,000 just five years ago. In eight major metro areas, renters now need to make six figures to comfortably afford rent. Since April 2020, rent for a typical U.S. apartment has increased by 28.7%, to $1,858, while rent for a single-family home increased by 42.9%, to $2,256.

Marketing 101
article thumbnail

ERA Real Estate franchise affiliate announces Texas partnership

Housing Wire

ERA Experts a franchise affiliate of ERA Real Estate has made a strategic investment in Austin -based Sprout Realty LLC , which will now operate as Sprout Realty ERA Powered. Leaders said the move is aimed at accelerating Sprout Realtys growth across Austin, Waco, Dallas-Fort Worth and other parts of northwest Texas , while allowing the firm to maintain its brand identity and leadership structure.

Branding 345
article thumbnail

Zillow: Price Cuts Hit Record as Inventory Floods Back (May 2025)

Bigger Pockets

Price cuts surge across the housing market as inventory bounces back in a big way.

Marketing 111
article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

Better Homes and Gardens Real Estate makes Tennessee acquisition

Housing Wire

Better Homes and Gardens Real Estate Heritage Group has acquired Manchester, Tennessee-based Advantage Realty Partners in a move to strengthen its presence and market share across middle Tennessee. The acquisition brings the firms total footprint to three offices and roughly 80 affiliated sales associates. Melissa Sterling, principal broker and owner of Better Homes and Gardens Real Estate Heritage Group, said the acquisition aligns with the firms strategy of growth through shared values and pro

Principal 341
article thumbnail

Can You Decode Real Estate Acronyms Like an Agent? Take the Quiz!

Lighter Side of Real Estate

Real estate agents often have just a few lines of space to squeeze in every last detail of a home, so over the years, theyve developed a whole shorthand to keep their word count down. A seasoned agent could probably read an entire listing written in acronyms alone but for buyers, those letters can be a little trickier to decode. Some are easy enough to figure out BR is bedroom, LR is living room, FP stands for fireplace.

article thumbnail

Miss this, miss out: Why non-QM loans are booming right now

Housing Wire

The mortgage market might still be sluggish, but for originators willing to look beyond the traditional, theres real momentum building in the non-QM space. Tom Davis, Chief Sales Officer at Deephaven, is helping lead that charge working with sales teams across the country to grow not just volume, but trust. In this conversation, Davis breaks down the surge in demand for second liens, DSCR loans, and alternative income documentation and why originators who lean in now are setting themselves up

Loans 338
article thumbnail

Interest Rate Predictions for the Next 10 Years (2025-2035)

Marco Santarelli

Ever wonder where your moneyand the cost of borrowing itis headed? It's a big question, and one that I think about a lot, especially when planning for the future. When we talk about interest rate predictions next 10 years , we're trying to get a clearer picture of what things might look like from roughly 2025 through 2035. Based on what the experts are saying and what the current economic tea leaves suggest, it looks like we can expect interest rates, including the key Federal Funds Rate, to gra

Investor 105
article thumbnail

Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

article thumbnail

Steve Capezza takes on M&A leadership role at Anywhere

Housing Wire

Roughly six months after leaving Side , Steve Capezza has landed at Anywhere Real Estate. Capezza will serve as Anywhere’s senior vice president of growth and M&A. He will report directly to Sue Yannaccone , the president and CEO of Anywhere Brands and Anywhere Advisors , according to an announcement on Monday. Were thrilled to add Steve to our deep roster of talent at Anywhere, as his unique skill set and long track record of success represents a perfect fit to take our growth to the

Brokerage 329
article thumbnail

Agent Attempts 100 Open Houses in 100 Days in Rookie Rat Race

RIS Media

Its no secret that residential real estate is an ultra-competitive job landscape. The Consumer Federation of America puts nearly half of real estate agents selling just one house (or none at all) in 2024. The problem? Too many agents for too few houses. For one rookie agent in Albuquerque, New Mexico, the constant battle for… The post Agent Attempts 100 Open Houses in 100 Days in Rookie Rat Race appeared first on RISMedia.

Agents 102
article thumbnail

Outdated mortgage tech is draining lenders: Here’s how to stop the bleeding

Housing Wire

The lending playbook needs an overhaul Lets cut through the noise: The mortgage market isnt changing; its already changed. Volatility is the norm, margins are squeezed within an inch of viability and borrowers expect a frictionless experience every time. If your entire business still revolves around purchase and refinance, youre not just playing catch-up, youre being left behind.

Mortgages 244
article thumbnail

When Is the Last Time You Raised the Rent?

AAOA

As a landlord or property owner, when was the last time you raised the rent on your tenants? If it’s been a whileor maybe neveryou’re not alone. Many property owners hesitate to increase rent, either because it feels awkward to bring up or because they worry it might push good tenants out the door. W e get itkeeping the peace with tenants is essential.

article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

article thumbnail

Redfin stockholder files suit over disclosures in Rocket deal

Housing Wire

While much of the housing industry views Rocket Companies proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U.S. District Court in Seattle , plaintiff Jason Morano filed a lawsuit accusing the two companies of breaching their contracts, engaging in fraudulent activities, misrepresenting facts, misappropriating trade secrets and unjust enrichment.

Lending 249
article thumbnail

24 Florida Housing Markets Could See Home Prices Drop by Early 2026

Marco Santarelli

Florida's red-hot housing market might finally be cooling down after years of breakneck speed. If you've been watching from the sidelines, wondering if things will ever change, listen closely. Recent forecasts suggest that 24 housing markets in Florida will see price declines by early 2026. That's right, actual price decreases are on the horizon for specific areas, signaling a potentially significant turn from the frenzied buying we've gotten used to.

article thumbnail

Solving the HEI origination securitization challenge  

Housing Wire

Home Equity Investment (HEI) is a relatively new option for private equity real estate investors, and one that carries significant promise. Essentially, is a secured contract where a homeowner receives cash today for a share of the home’s future value at a refinancing or sale event. Unlike a loan, there are no monthly payments or interest. HEIs are attractive to homeowners because the payment comes in an interest-free lump sum, rather than being spread out over a period of time and includi

Equity 222
article thumbnail

Design Inspiration Will Fill the City During NYCxDesign This Month

Brownstoner

May is design month in New York City, which means there will be an abundance of open studios, panels, exhibitions, and other events highlighting the latest in design and interiors. NYCxDESIGN, which promotes the citys creative community and is organized by a nonprofit, runs from May 15 through May 21 this… Read More > The post Design Inspiration Will Fill the City During NYCxDesign This Month appeared first on Brownstoner.

Design 95
article thumbnail

The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

article thumbnail

Century 21 merger expands New Jersey footprint

Housing Wire

Century 21 Solid Gold Realty has merged with longtime central New Jersey brokerage Gloria Zastko, Realtors a move that expands Century 21 s market presence further north and west into Middlesex County. The 34-year-old North Brunswick, New Jersey-based agency will now operate under the name Century 21 Gloria Zastko Realty. The merger increases Century 21 Solid Gold Realtys footprint to five offices and approximately 166 agents up from four offices and 137 agents.

article thumbnail

How to Find Off-Market Properties Faster Than Your Competition

Bigger Pockets

If youve been investing or even purchasing a primary home in the last couple of years, youve probably heard this line: Sorry, that propertys already under contract. Its frustrating, right?

article thumbnail

Homes.com Offers Free ‘Boost’ for Agents and Homeowners ‘Blackballed by Zillow’

RIS Media

Private listings banned from Zillow may have a new home. And for some, this home will offer a move-in bonus. CoStars Homes.com turned Zillows ban into a marketing opportunity through its new digital marketing package, Boost. Announced during the companys first quarter earnings call last week, CEO Andy Florance presented it as a major opportunity… The post Homes.com Offers Free Boost for Agents and Homeowners Blackballed by Zillow appeared first on RISMedia.

Agents 102