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.
The Hot Sheet recap for March 27th-31st covers Black Knight’s appraisal alternative, housing market affordability, the latest on the Moehrl v. NAR commissions lawsuit, what consumers want in an agent, and slowing rent growth.
The Broke Agent’s content revelation, the Boomer buyer takeover, what consumers want in agents, and Meta Verified and predictions are today’s topics as Tessa Bell and Jason Cassity join Captain Dan Oneil and The Broke Agent
The newest Fannie Mae forecast includes a modest recession in the second half of the year rather than the second quarter. The ESR Group doesn’t expect a repeat of the 2008 Financial Crisis, but something closer to the Savings & Loan Crisis of the 1980s.
Lisa Chinatti and Tom Toole discuss the Senate hearing with Jerome Powell, climbing mortgage rates, the 6.5 million housing unit shortage, conflicting data for unemployment, and the challenges facing buyers and sellers in the current market.
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AI controversies, debunked social media myths, 2023 home price predictions, and marketing tactics with the best ROI are today’s topics as Haley Ingram and Andrew Undem join Captain Dan Oneil and The Broke Agent.
How to overcome excuses to avoid video, how agents should use QR codes, what’s going on with SERHANT., the IG blue check, a Texas TikTok ban, and Super Bowl predictions are today’s topics as Candace Decker and Andrew Undem join Dan Oneil and The Broke Agent.
In a recent BAM Webinar, KCM President David Childers joined Byron Lazine to unpack the 2023 real estate market. Here are the key takeaways and talking points for agents.
The Fannie Mae forecast, published on January 20, 2023, lays out the findings and predictions of the Economic & Strategic Research Group (ESR), including an upward revision for 2022 GDP growth and a downward revision for 2023 home price growth.
Real Estate Witch issued the 2023 edition of their Millennial Home Buyer Report, which indicates 92% of millennials say inflation has changed their home-buying plans.
ardi Matrix® released its moderated 2023 Multifamily Outlook with projections for this year’s rent growth, which it expects to return to historical averages. Inflation, interest rates, and an increase in inventory will likely cut 2022’s rental growth in half.
Researchers at Capital Economics have shared their predictions on the 2023 housing market, pointing to signs we may be close to a trough, with recent improvements in affordability. But further declines in home prices are needed—if not guaranteed.
Byron Lazine and Nicole White discuss the Keller Williams class action lawsuit, insights on home price cuts jumping from 7.1% to 13.6%, and China’s first population decline in 60 years.
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