Housing Wire

JANUARY 27, 2025

In many markets, there was simply more new home inventory and some buyers who might have wanted to purchase an existing home were instead looking at new construction, said Bright MLS Chief Economist Lisa Sturtevant in a statement. Inventory continues to be an issue in the existing-homes market.

Sales 450

Sales New Construction MLS Mortgages 450

Housing Wire

JUNE 13, 2025

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology , including tools, integrations and trends impacting mortgage and real estate. RetroRate funding round will fuel assumable mortgage tool set RetroRate — a startup simplifying the process of finding and evaluating assumable mortgages — raised $2.2

Industrial 250

Industrial MLS Loan Officer Lending 250

Housing Wire

APRIL 15, 2024

Gene Millman, president and CEO, REcolorado The value of the MLS cannot be understated. With the real estate industry adjusting to the National Association of Realtors commission lawsuit settlement agreement , the importance of a tried and trusted MLS business partner is undeniable. HW: With data comes the need to protect it.

MLS 421

MLS Industrial Title Agents 421

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. Lower mortgage rates are having a positive impact on application levels, with the Mortgage Bankers Association (MBA) reporting last week that applications were up 3.9%

Mortgages 500

Mortgages MLS Finance Loans 500

Housing Wire

NOVEMBER 30, 2023

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and more existing-home inventory. for much of the year before reaching 6.2% by the year’s end.

MLS 473

MLS Closing costs Sales Mortgages 473

Housing Wire

FEBRUARY 13, 2024

Intercontinental Exchange (ICE) announced a multiyear licensing agreement with REdistribute for permissioned access to multiple listing services (MLS) information. Launched in 2022 by BrightMLS and California Regional MLS , REdistribute is an MLS-owned company that includes licensed data from more than 40 MLSs.

MLS 409

MLS Technology Residential Banks 409

Housing Wire

JANUARY 30, 2025

High mortgage rates have not significantly dented housing demand due to greater numbers of cash transactions. According to Bright MLS chief economist Lisa Sturtevant, 2024 marked a 30-year low for pending home sales. However, with mortgage rates rising in December and pushing above 7% in January, buyers and sellers are hesitant.

Sales 385

Sales MLS Mortgages Marketing 385

Housing Wire

DECEMBER 30, 2024

Despite rising mortgage rates through much of 2024, recent indications show growing boldness among homebuyers heading into the new year. These increases are persisting despite mortgage rates near 7%. ” Housing industry experts attribute the recent increases in pending home sales to a shift in buyer attitudes about mortgage rates.

Sales 409

Sales Mortgages MLS Marketing 409

Housing Wire

APRIL 9, 2024

Kansas City -based Heartland Multiple Listing Service ( MLS ) has announced a strategic integration with Down Payment Resource (DPR) to enhance accessibility to homeownership for residents across the Greater Kansas City area. Moreover, within the Heartland MLS footprint, 27 agencies administer 39 distinct homebuyer assistance programs.

MLS 419

MLS Agents Industrial Mortgages 419

Housing Wire

NOVEMBER 26, 2024

Economists point to the October surge in mortgage rates and the rise in existing-home inventory as some of the factors behind the disappointing results for new-home sales. ​​”Some of the dip in new home sales in October is partially explained by political uncertainty ,” Bright MLS chief economist Lisa Sturtevant said in a statement.

Sales 420

Sales MLS Mortgages Development 420

Housing Wire

JANUARY 10, 2025

While higher prices have weighed on consumers minds, the fact that wages continue to rise faster than inflation suggests that many individuals and familiesincluding prospective homebuyersare still feeling relatively confident about their financial situations, Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

Residential 381

Residential Construction MLS Mortgages 381

Housing Wire

NOVEMBER 28, 2023

CubiCasa , a Finland-based proptech company, partnered with OneKey MLS – a major mortgage licensing system (MLS) serving the New York Metropolitan area – to provide user-friendly floor plan creation tools. Other notable MLSs in the program include Bright MLS , the Houston Association of Realtors and Georgia MLS.

MLS 409

MLS Technology Mortgages Industrial 409

Housing Wire

NOVEMBER 1, 2024

The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients.

Technology 409

Technology Title MLS Development 409

Housing Wire

NOVEMBER 27, 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. Higher mortgage rates mean that some buyers might decide to wait until 2025.” That decline is due in part to the recent hurricanes and rising mortgage rates. The PHSI is benchmarked at 100 in 2001.

Sales 368

Sales Marketing MLS Lending 368

Housing Wire

DECEMBER 21, 2023

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac ‘s Primary Mortgage Market Survey. This week’s dip is the largest weekly drop since November 2022.

Mortgages 500

Mortgages Fixed-rate mortgage MLS New Construction 500

Housing Wire

JANUARY 22, 2025

Georgia MLS the Peach State’s largest real estate marketplace announced on Wednesday that it will partner with 12 local MLSs to enhance data access for all parties under one listing platform. ” Georgia MLS has made other technology -enabled efforts to enhance data availability for agents. .”

MLS 362

MLS Residential Agents Technology 362

Housing Wire

JUNE 9, 2025

The number of sellers is measured by active MLS listings, while buyers are estimated using a model based on pending sales and average buyer timelines. Other contributing factors include elevated mortgage rates , economic uncertainty and the mortgage rate lock-in effect, Redfin explained. Past trends support this trajectory.

Marketing 306

Marketing Seller concession MLS Mortgages 306

Housing Wire

OCTOBER 27, 2023

In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker marketplaces function. These local MLS broker marketplaces work in favor of consumers every day. They coordinate with lenders and research mortgage rates and terms.

MLS 466

MLS Brokerage Agents Closing costs 466

Housing Wire

NOVEMBER 4, 2024

It explicitly allows for such offers to be made off-MLS, however. If sellers cannot notify buyers about offers off-MLS, many buyers will not have the information they need to determine whether a home purchase is financially feasible. Rolling the fees into the mortgage” leaves the buyer with a higher interest rate.

Debt-to-income ratio 304

Debt-to-income ratio Agents VA loan MLS 304

Housing Wire

DECEMBER 6, 2024

Todays report shows a strong labor market, but the employment picture has been a little bumpy over the past few months, as weather events and large labor strikes have complicated the outlook, Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

Marketing 397

Marketing MLS Residential Construction 397

Housing Wire

MARCH 3, 2025

HousingWire is proud to announce the 2025 Finance Leaders, recognizing 40 of the most impactful finance executives in the mortgage and real estate industries.

Finance 344

Finance Lending Principal Title 344

Housing Wire

NOVEMBER 30, 2023

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac ‘s Primary Mortgage Market Survey. Bright MLS ’ 2024 forecast indicates that mortgage rates will fall to 6.5% on Thursday.

Mortgages 512

Mortgages MLS Investor Development 512

Housing Wire

NOVEMBER 4, 2024

But the New Hampshire Association of Realtors and Prime MLS had already introduced the changes, including mandatory buyer representation agreements and no offers of cooperative compensation on the MLS, about three weeks prior. But in another stroke of luck, I have a cousin who is a loan officer at Guild Mortgage.

Purchase and sale agreement 410

Purchase and sale agreement Inspection contingency Title Inspection 410

Housing Wire

JANUARY 24, 2025

million home sales annually, said Bright MLS Chief Economist Lisa Sturtevant in a statement. Current homeowners who are locked into low mortgage rates and are staying in their homes longer are keeping the supply of existing homes low. Over the past decade, the U.S. has averaged about 5.2

Sales 349

Sales New Construction MLS Construction 349

Housing Wire

NOVEMBER 1, 2024

This is the lowest monthly jobs number since employment fell in December 2020,” Lisa Sturtevant, chief economist at Bright MLS , said in a statement. Mike Fratantoni, chief economist for the Mortgage Bankers Association , noted that while mass layoffs have not occurred, the pace of hiring has slowed in recent months.

Construction 369

Construction Residential MLS Mortgages 369

Housing Wire

NOVEMBER 9, 2023

As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. The 30-year, fixed mortgage averaged 7.5% 9, according to Freddie Mac ‘s Primary Mortgage Market Survey. 9, the largest one-week decrease since last November. as of Nov. for the week ending Nov.

Mortgages 466

Mortgages MLS Loans Investor 466

Housing Wire

NOVEMBER 2, 2023

Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, according to Freddie Mac ‘s Primary Mortgage Market Survey. On Wednesday, the U.S.

Fixed-rate mortgage 473

Fixed-rate mortgage Mortgages MLS Investor 473

Housing Wire

DECEMBER 14, 2023

The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year, fixed mortgage rate averaged 6.95% for the week ending Dec. on Thursday.

Mortgages 485

Mortgages Fixed-rate mortgage Loan Officer MLS 485

Housing Wire

OCTOBER 5, 2023

Mortgage rates kept climbing this week as spreads on the 10-year Treasury yield widened, reaching a 16-year high. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.49% as of Oct.

Fixed-rate mortgage 450

Fixed-rate mortgage Mortgages MLS Loans 450

Housing Wire

JANUARY 17, 2025

Builders are feeling cautiously optimistic as they start 2025, buoyed by an ongoing shortage of inventory of existing homesmany of which are locked up by homeowners reluctant to sell due to elevated mortgage rates. Although housing completions were up for the full-year 2024, they were down in December, dropping 4.8% from November and 0.8%

Construction 384

Construction New Construction MLS As-is 384

Housing Wire

OCTOBER 22, 2024

Leo CoPilot can help agents generate automated marketing materials by leveraging data from an MLS. The upgrade, known as Leo CoPilot, will serve as an agent command center and will also become the main interface agents use to manage reZEN, Real’s agent platform.

Agents 410

Agents Brokerage Technology Staging 410

Housing Wire

AUGUST 2, 2024

“Construction employment showed a small gain, as builders continue to work to add to housing supply given the ongoing shortage,” Mike Fratantoni, the Mortgage Bankers Association’s chief economist, said in a statement. The real estate sector added 4,100 jobs, up from just a 500-job gain in June.

Mortgages 473

Mortgages Marketing Construction Residential 473

Housing Wire

SEPTEMBER 3, 2024

With the calendar shifting to September and the next meeting of Federal Reserve policymakers only two weeks out, mortgage rates continue to recede and evidence suggests that borrowers are reacting to more favorable housing market conditions. Lower rates have recently sparked more activity in the mortgage market. year over year.

Mortgages 485

Mortgages Loans MLS Lending 485

Housing Wire

JANUARY 15, 2025

A survey by Bright MLS found that most prospective buyers want homes to be “move-in ready” before a purchase, although that study had a smaller sample size of respondents compared to This Old House’s study. Despite this willingness to renovate in 2025, others aren’t eager to take on improvement projects.

Renovation 393

Renovation MLS Finance Closing 393

Housing Wire

NOVEMBER 16, 2023

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. The 30-year, fixed mortgage averaged at 7.44% as of Nov. 16, according to Freddie Mac ‘s Primary Mortgage Market Survey. The 30-year, fixed mortgage averaged at 7.44% as of Nov.

Mortgages 458

Mortgages Fixed-rate mortgage MLS Investor 458

Housing Wire

JANUARY 25, 2024

Mortgage rates stabilized in the past week but remain close to the narrow range observed since the start of this month. The 30-year fixed-rate mortgage averaged 6.69% as of Jan. 25, an increase from last week’s figure of 6.60%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 421

Mortgages Fixed-rate mortgage MLS Banks 421

Housing Wire

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Is the housing market normalizing?

Mortgages 466

Mortgages Fixed-rate mortgage MLS Staging 466