Housing Wire

FEBRUARY 7, 2025

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. Again, the theme holds: the labor market is getting softer but not breaking.

Mortgages 440

Mortgages Marketing Residential Construction 440

Housing Wire

DECEMBER 23, 2024

Is 2025 the first year we start losing residential construction jobs? Earlier this year, mortgage rates were trending at 7.50%; during that time, we received one negative monthly residential construction labor report. Over the past two years, new home sales have significantly outperformed the existing home sales market.

Residential 523

Residential Construction Sales Mortgages 523

Housing Wire

DECEMBER 6, 2024

job market performed better than expected in November, gaining 227,000 nonfarm payroll jobs from a month prior according to data released Friday by the U.S. There have been signs that the labor market was cooling some, which could give the Fed confidence to go ahead with another rate cut this month.

Marketing 403

Marketing MLS Residential Construction 403

Housing Wire

NOVEMBER 22, 2024

But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Gerli told HousingWire in an emailed response that normalizing market conditions would be indicated by a slow and gradual decline in rents.

Marketing 370

Marketing Construction As-is Residential 370

Housing Wire

JANUARY 29, 2025

The Federal Reserve didnt raise or cut interest rates today, but the meeting highlighted something I have been emphasizing since 2022: the Fed is shaping its policy around the labor market more than inflation. However, the Fed only cut rates when they believed the labor market was softening in the second half of 2024.

Marketing 366

Marketing Residential Construction Mortgages 366

Housing Wire

DECEMBER 18, 2024

Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. The key points of this report indicate that the Federal Reserve has overlooked the housing market for years. We will soon find out.

Construction 505

Construction Residential Sales Mortgages 505

Housing Wire

NOVEMBER 1, 2024

At first, this did happen, but after more digestion of the data, not only did the bond market give up all the early morning gains, but it headed higher for the day, which confused many. and 4% wage growth change your mind about the state of the labor market? and 4% wage growth change your mind about the state of the labor market?

Mortgages 502

Mortgages Residential Construction Marketing 502

Housing Wire

JANUARY 7, 2025

housing market. Market observers believe that the cuts will be paused when the Fed meets again at the end of January. Last week, the labor department reported a seasonally adjusted annual rate of 211,000 unemployment claims a lower-than-expected figure which signaled that the labor market isnt breaking, according to Mohtashami.

Mortgages 407

Mortgages Marketing Sales Residential 407

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. The current stress in the CRE and C&I loan markets further highlights the advantages of residential mortgages.

Residential 475

Residential Equity Mortgages Purchase and sale agreement 475

Housing Wire

JANUARY 10, 2025

While the unemployment rate was up compared to the start of the year, the job market ended the year up, with 256,000 jobs added to the economy in December according to data released Friday by the U.S. Residential building construction added 3,500 jobs from November, while residential specialty trade contractors added just 500 positions.

Residential 387

Residential Construction MLS Mortgages 387

Housing Wire

DECEMBER 4, 2024

The Florida real estate market has reached unprecedented heights with major projects getting funding from developers across the country and even overseas. Understanding the market landscape Florida has long been a bellwether for national real estate trends.

Development 370

Development Marketing Construction Land 370

Housing Wire

APRIL 18, 2025

According to Market Research Future (MRF), the title insurance market is expected to grow from $4.15 Real estate boom, regulatory reinforcement A key driver of the markets momentum is the global rise in real estate transactions. billion in 2025 to $5.69 billion by 2034, equating to a compound annual growth rate of 3.56%.

Title 247

Title Title search Marketing Commercial 247

Housing Wire

APRIL 3, 2025

The stock market reacted negatively to the news regarding tariffs, resulting in significant selling and a shift towards the bond market. In this week’s Housing Market Tracker , I mentioned that the 10-year yield level was stubbornly resistant and that we needed bad news to break through it.

Mortgages 533

Mortgages Residential Construction As-is 533

Housing Wire

JANUARY 10, 2025

Now, the labor market is getting softer from its torrid pace of job creation and wage growth from 2021 to the end of 2023, but the labor market’s softening is right in line with my 2024 forecast for jobs. I’ve always believed they needed to see a significant downturn in the labor market before making a decisive pivot.

Mortgages 475

Mortgages Residential Construction As-is 475

Housing Wire

JANUARY 2, 2025

Today, the jobless claims data again showed why mortgage rates continue to be elevated, confirming that the labor market isnt breaking. The labor market is getting softer but hasnt broken yet, as it has before every recession post World War II. We held that line very late in the year 2023.

Mortgages 498

Mortgages Construction Residential Sales 498

Housing Wire

MARCH 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. I believe the concerns for the market at this point are dramatically related to geographics. Dont obsess with finding the perfect first home.

Debt-to-income ratio 297

Debt-to-income ratio Loan Officer Marketing Loans 297

Housing Wire

MAY 2, 2025

As market drama calms down, we should see some improvement with the spreads, something I discussed in this recent episode of the HousingWire Daily podcast. As a result, the Fed may revert to its post-COVID-19 labor strategy and use insights from telephone calls to understand the labor market better. percent, the U.S.

Mortgages 379

Mortgages Construction Residential As-is 379

Housing Wire

JANUARY 30, 2025

Tom Davis: When you’re working with a professional and you want expertise, you’re going to want to work with someone who is the expert in your market. Davis: Either you take market share or someone takes yours, right? Why do you think brokers should work with a specialist instead of a multi-product lender?

New Construction 303

New Construction Construction Marketing Equity 303

Housing Wire

JUNE 18, 2025

Class Valuation has launched a new appraisal review product designed to bring greater clarity and oversight to residential valuations. In today’s market, uncertainty is expensive, and lenders can’t afford to second-guess their valuation data,” John Fraas , CEO of Class Valuation, said in a statement.

Due diligence 411

Due diligence Lending Staging Technology 411

Housing Wire

JUNE 26, 2025

Two of Chicago’s largest independent real estate firms — Baird & Warner and Dream Town — have announced a merging of operations, creating a top residential brokerage in the region based on 2024 home sales , the companies said. Dream Town — founded in 1998 — is known for its early embrace of digital platforms and online marketing.

Brokerage 336

Brokerage Loan Officer Residential Technology 336

Housing Wire

DECEMBER 2, 2024

The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” The deal is an execution for captive capital, but the Wrightwell platform has the potential to assist any market participant with their real estate needs, DePalma added. according to a statement from Wrightwell. “We

Finance 388

Finance Residential Commercial Construction 388

Housing Wire

JANUARY 8, 2025

Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. At HousingWire s Mortgage Rates Center on Wednesday, the 30-year fixed rate averaged 7.11%, clouding the housing market outlook for 2025.

Equity 417

Equity Loans Lending Branding 417

Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. ” Low-priced homes — those priced in the bottom one-third of their local market — comprised 45.7% As the U.S. Investors purchased $38.8 Miami saw a 19.4%

Investor 475

Investor Residential Brokerage Mortgages 475

Housing Wire

MARCH 3, 2025

The company also notes that it will work with Stone Points leadership to expand and improve the agent branding and marketing resources as well as it offers, as well as the educational, coaching, data and technology resources it offers its franchisees, brokers and agents. During his time there he led the companys $629 million IPO.

Technology 430

Technology Residential Commercial Brokerage 430

Housing Wire

MARCH 18, 2025

However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. For those looking for recession signals , a decrease in the number of residential construction workers is usually an early sign. Why haven’t the homebuilders started doing layoffs?

Construction 384

Construction Residential Sales New Construction 384

Housing Wire

JUNE 6, 2025

Even in a housing market squeezed by low inventory and high interest rates, the real estate industry’s top performers continued to rise. Each year, our mission with RealTrends Verified is to provide a trusted benchmark for performance in residential real estate,” said Caroline Scanlon, Director of RealTrends Verified.

Agents 410

Agents Branding Residential Banks 410

Housing Wire

JANUARY 9, 2025

RLTY Capital acquires pending residential and commercial commissions, allowing agents to access that money on an expedited timeline. The funding is led by Altriarch, a credit asset management company that invests in fragmented markets. ” RLTYco provides four primary services. RLTY Tax provides a network of CPAs.

Commercial 387

Commercial Investor Residential Agents 387

Housing Wire

JUNE 2, 2025

a Silicon Valley-based startup, is transforming the property marketing process with Collov AI , the real estate industrys first listing marketing AI Agent. Niche to necessity Virtual staging has evolved from a niche add-on to a critical marketing tool. Collov AI : A smarter, faster and an AI way to stage Collov Inc. ,

Agents 249

Agents Staging Marketing Design 249

Housing Wire

NOVEMBER 15, 2024

While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. The discounts come as homebuilders’ confidence in the market remains muted. That’s right, there are Black Friday home sales!

Fixed-rate mortgage 403

Fixed-rate mortgage Closing costs Residential Finance 403

Housing Wire

JANUARY 27, 2025

Todays new home sales report beat market expectations, just like last weeks existing home sales report. However, as illustrated in the chart above, whenever residential construction workers begin to lose their jobs, a recession is typically not far behind. For now, the Federal Reserve isn’t overly concerned.

Sales 472

Sales Construction Mortgages Residential 472

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. A 3% listing fee often doesn’t reflect the actual effort involved. This option is targeted at experienced sellers.

MLS 279

MLS Residential Brokerage Closing 279

Housing Wire

AUGUST 2, 2024

In addition to the slowing job growth, the cooling labor market conditions were also evident in a 0.2 When broken out, the residential construction sector added 31,700 jobs month over month, while the number of residential specialty trade contractors rose 7,400 from a month prior. million unemployed people.

Mortgages 482

Mortgages Marketing Construction Residential 482

Housing Wire

OCTOBER 15, 2024

1 and Sept 30 of this year based on prices for closed residential sales. Homebuyers in these locales boosted the luxury real estate market by 70%, according to the report. A recent report from real estate data provider PropertyShark ranked California , New York and Florida as the states with the most expensive ZIP codes in 2024.

Residential 430

Residential Sales Closing As-is 430

Housing Wire

APRIL 18, 2025

From humble beginnings to industry leader, Stones story is one of entrepreneurial drive, a sharp eye for market dynamics and a deep-rooted belief in making the real estate process better for all stakeholders. I did residential, I did commercial, you name it. We became highly profitable in one of the worst markets ever.

Title 369

Title Residential Industrial Commercial 369

Housing Wire

DECEMBER 17, 2024

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. The rule will implement a congressional mandate to establish consumer protections for residential PACE loans.

Loans 386

Loans Mortgages Finance Lending 386

Housing Wire

MAY 20, 2025

GSE reform was up for debate at a panel on Tuesday morning at the Mortgage Bankers Association (MBA)’s Secondary and Capital Markets Conference in Manhattan. If the GSEs are released from conservatorship without an implicit or explicit guarantee from the federal government, it would introduce credit risk into the MBS market.

Investor 440

Investor Mortgages Residential Finance 440

Housing Wire

NOVEMBER 1, 2024

“This continues a theme we have seen in recent months, where the labor market is not seeing large layoffs but instead an ongoing reduction in job openings and a reluctance by employers to add workers,” Fratantoni said. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs.

Construction 370

Construction Residential MLS Mortgages 370