Sat.Apr 20, 2024

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Finally, some healthy housing inventory growth

Housing Wire

Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25% , something I couldn’t get all last year. Of course, what is different this year versus last year is that new listing data is growing yearly instead of trending at the lowest levels recorded in history. This is something I talked about last week on Yahoo Finance.

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What’s new and what’s next, post-NAR commissions deal?

Real Estate News

The Supreme Court passes on a chance to weigh in, objections pile up, and Fannie and Freddie say it’s all right to exclude commissions from seller concessions.

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Let this pro planner help you create a stellar recruitment event

Inman

Event planning is about more than space and catering. Let Liane Dutton guide you through developing an effective call to action and measurable outcomes to ensure recruiting success.

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Brokerage Beat: News from Real, Corcoran, C21, BHGRE, Sotheby's

Real Estate News

Real nabs top Chicago team; Rabbitt Group forms at Corcoran Reverie; Baltimore indie joins C21; Oklahoma firm signs on with BHGRE; Sotheby's opens in Poland.

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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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Big bill comes due for Martin Selig, giant of Seattle office real estate

Seattle Times Real Estate

Veteran Seattle developer Martin Selig is reportedly still trying to refinance a $239 million office loan that comes due next month.

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Mortgage Rate Predictions for Next 2 Years

Marco Santarelli

As of April 19, 2024, the mortgage landscape in the United States has been marked by a period of fluctuation, with rates experiencing a slight increase. Here's an analysis of current averages and expert predictions for the next two years. The average rate for a conventional 30-year fixed mortgage was reported at 7.22% , while the 15-year fixed mortgage stood at 6.657%.

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Is the Housing Market on the Brink in 2024: Boom or Bust?

Marco Santarelli

A common question on many people's minds is whether the U.S. housing market will crash again. To address this concern, it's essential to consider various expert analyses and economic indicators that provide insight into the future of real estate. The forecasts show that the housing market in 2024 is expected to continue grappling with high home prices and elevated mortgage rates, which have been a significant barrier to homeownership for many.

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Best Markets for First-Timers

BubbleInfo

First-time home buyers are a growing share of the market, making up half of all home buyers last year, according to Zillow’s Consumer Housing Trends Report. Homeownership is easier to break into in some markets than others, and Zillow has named this year’s best markets for first-time buyers, where their dollars go further and starter homes […] The post Best Markets for First-Timers first appeared on bubbleinfo.com.

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Housing Market Predictions for the Next 2 Years

Marco Santarelli

The US housing market has been on a wild ride in recent years. Soaring home prices fueled by historically low mortgage rates created a frenzy of buyer activity. However, the tide seems to be turning. Rising interest rates have cooled buyer enthusiasm, leading to slower sales and questions about the future. While the surge of recent years might be moderating, experts predict a future with steadier home price appreciation , potentially with some regional variations.

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Mortgage Market Insights Reveal Positive Outlook with Downside Risks

Marco Santarelli

Confused about buying a home in 2024? This Mortgage Market Update explores rising rates, potential risks, & why the outlook might still be positive. The US housing market in March 2024 presented a complex picture. Interest rates remained elevated compared to historical norms, but there were signs of both resilience and potential trouble on the horizon.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Will Housing Be Cheaper if the Market Crashes in 2024?

Marco Santarelli

The question of whether housing will become more affordable if the market crashes in 2024 is a complex one, with various factors influencing the potential outcome. A market crash can indeed lead to a decrease in housing prices , as seen historically , but the extent and duration of such a decrease depend on the underlying economic conditions, the reasons for the market downturn, and the response from policymakers.

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