The Mortgage Bankers Association’s 2025 forecast predicts total mortgage origination volume will rise to $2.3 trillion, up from $1.79 trillion in 2024. Purchase originations are expected to increase by 13%, totaling $1.46 trillion by 2025.
The Broke Agent shares five things real estate agents can do while sitting empty open houses.
A new analysis by Zillow and StreetEasy shows nearly half of U.S. renter households are burdened by high rent costs, with Gen Z renters facing the greatest challenges. Meanwhile, back in 2012, millennial renters had it slightly worse.
According to a new study from Realtor.com®, the Federal Reserve’s recent rate cuts are poised to significantly impact real estate markets with the highest shares of owner-occupied homes with a mortgage, particularly in Washington D.C. and Denver.
Forbes reports on how top U.S. homebuilders, including Tom Bradbury of Smith Douglas Homes and Kathy Britton of Perry Homes, have become billionaires amid the housing shortage.
A new Realtor.com report shows falling mortgage rates increased homebuyers’ purchasing power by $74,000 nationwide in August 2024 compared to October 2023.
At yesterday’s FOMC press conference, Fed Chair Jerome Powell announced a 50 basis point cut to the federal funds rate, the first reduction since COVID. Here’s a breakdown of his statements about housing.
According to Realtor.com, the best week to buy a home in 2024 is from September 29 through October 5, with potential savings of over $14,000 compared to peak summer prices.
Fannie Mae’s latest Home Price Expectations Survey predicts slower home price growth in 2024 and 2025. The panel also estimates a shortage of 2.8 million homes in the U.S.
No matter who’s running or who wins, historically, the U.S. housing market has reacted to election year tensions in the month of November, if only temporarily, with changes to home sales, prices, and mortgage rates.
Realtor.com® reveals the 10 easiest and 10 hardest U.S. housing markets for today’s homebuyers, analyzing key metrics like median list prices, inventory changes, and market pace to highlight where buyers have the most and least leverage.
On Friday, August 16, 2024, Vice President Kamala Harris announced her plan to provide up to $25K in down payment assistance for first-time buyers who have paid their rent on time for two years.
Kansas City real estate agent Kyle Talbot posted an Instagram Reel on Kansas City neighborhood stereotypes, featuring AI-generated images. And his audience is asking for more.
Two respected analysts, Ivy Zelman and Meredith Whitney, spoke recently on the aging homeowner population and its impact on household growth and the overall U.S. housing market—an impact Whitney described as a “silver tsunami.”
Redfin’s latest report shows a drop in homebuyer migration to different metro areas as remote work options decrease and home prices go up in popular migration destinations. This time, Spokane, WA, made the top 10 list of metros with the highest net inflow.
The Broke Agent shares his best content ideas for agents for January 2024.
No matter what is happening in the real estate industry, we’re always in need for some comedic relief. Here are 13 of the the funniest real estate Reels of 2023.
Tom Storey shares 3 videos real estate agents need to make in 2024 to convert leads and earn more business.
Zillow’s 10 most popular markets of 2023 feature four markets in Connecticut and three in New Hampshire, putting the Northeast firmly at the top of Zillow searches.
Tom Toole shares what to do when your client’s home isn’t selling—what it means, the skill set you need to develop to have a price adjustment conversation, and the three types of data you should send to your clients before you schedule the call.
This week in BAM brings a big drop in mortgage rates, more 2024 housing market predictions, scripts to reactivate old leads, how to win 2024 in December 2023, new email subject lines for the holidays, tips for flawless 360-degree Matterport tours, and more
Goldman Sachs released updated housing and economic forecasts for 2024 through 2027, revealing bearish predictions on home sale transactions over the next four years, along with bullish predictions on home prices.
The National Association of Realtors released its 2024 housing market forecast, with existing home sales reaching 4.71 million in the coming year—even more bullish than Redfin’s recent projections.
As election year 2024 approaches, here’s what we know so far about where each presidential candidate stands on the U.S. housing market, based on what they’ve said, as well as any actions they’ve taken.
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