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.
Zillow’s latest research reveals a shift toward a more balanced housing market as rising inventory and slowing price appreciation erode sellers’ advantage.
New reports from Zillow (monthly) and Redfin (quarterly) show luxury home values and sale prices rising faster compared to the typical or non-luxury U.S. home, as of June and the end of Q2 2024.
Mark Zandi and the Federal Reserve Bank of Minneapolis offer key insights into the optimal monetary policy, arguing for a focus on non-housing inflation, as discussed in a recent Washington Post op-ed and highlighted by Byron Lazine on the Hot Sheet.
Redfin’s analysis reveals that median monthly housing payments in swing states have surged 92% since the 2020 election, reaching an all-time high of $2,161, with affordability challenges significantly impacting voters ahead of the 2024 presidential election.
Tom Toole shares three key principles around scripting and dialogues for navigating real estate conversations and post-August 17th changes—and how too many agents are undermining their success with the way they implement proven strategies.
Luke Acree shares a simple tool to optimize your marketing strategies, elevate the quality of your lead generation and improve your conversion rates.
A new report from the Consumer Federation of America (CFA) highlights the benefits of recent changes in real estate agent compensation resulting from the uncoupling of real estate agent commissions.
Tom Toole shares two ResiClub charts along with simple scripts to address common objections and empower buyers and sellers through education.
New Zillow research shows homes with tricked-out backyards can sell for $10,000 more than comparable homes without. Read on to see what today’s buyers are willing to pay extra for.
According to the Q1 2024 Fannie Mae Home Price Expectations Survey (HPES), a panel of 100+ housing experts forecasts home price growth of 3.8% in 2024 and 3.4% in 2025, as well as a median 6% 30-year fixed mortgage rate by the end of 2024.
A recent article on RentCafe highlights the top 10 U.S. cities where a renter’s income goes the furthest.
A new Realtor.com report shows homebuyers are still holding onto the dream of homeownership despite affordability challenges. Younger generations (millennials and Gen Zers) are more optimistic about buying a home in the next year or five years.
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