Real Estate News by RealEstateNews.com
Objective, in-depth coverage of residential real estate news, data, technology and trends for real estate agents, real estate brokers and executives.
Agents expect more sales, (much) lower rates in 2025
5 days ago · Most agents in a Real Brokerage survey expect home sales to rise in 2025, with nearly a quarter hoping for a 10% bump. A John Burns survey also showed an improving outlook. A majority also believe home price growth will continue, but at a slower pace — consistent with economic forecasts. Perhaps ...
2025’s ‘defining challenge,’ and what will (or won’t) change
Dec 17, 2024 · Residential market trends have become notoriously hard to predict since the pandemic, but several 2025 forecasts appear to share some common threads.. Economic experts from Fannie Mae and Veterans United Home Loans are among the latest to offer their outlooks, providing insight into what consumers and industry professionals should expect in terms of market movement and borrowing rates next year.
What’s next for Opendoor after layoffs and $78 million loss?
Nov 10, 2024 · The industry's leading iBuyer says it isn't done yet, despite continued losses and layoffs. Opendoor on Nov. 7 announced that it would be cutting 300 employees — 17% of its workforce — and reported third-quarter losses of nearly $80 million.
Housing Market Decoded: The top 5 market trends in 2025
Dec 16, 2024 · Decisions in residential real estate are often based on market data — sometimes conflicting, often confusing. Housing Market Decoded, authored by economists and other market experts, helps put the data in context so you can make sense of the numbers. The end of the year is quickly approaching, and ...
Forecasts in 4 top markets a reminder that real estate is local
Dec 16, 2024 · As real estate agents and brokers prepare for 2025, they will need to consider how national forecasts — including predictions of more transactions in 2025 — apply to their local markets.. While the mantra "all real estate is local" remains in play, some trends proved fairly consistent between 2020 and 2024: Most of the country saw a huge spike in sales when mortgage rates were at record ...
Home sales rally — but that may not last as rates rise
5 days ago · The housing market picked up steam in November, but rising mortgage rates may send it back into a winter slumber. Existing home sales experienced a rebound last month, rising 4.8% from October and increasing 6.1% year-over-year — the largest annual gain in more than four years, according to the latest data from the National Association of Realtors.
Brokerage Beat: News from Real, ERA, C21, EXIT Realty, more
Dec 7, 2024 · Headquartered in Austin with an additional office in Houston, ERA Experts is led by brokers and co-owners Matt Menard and Greg Young, both of whom are veterans in the dynamic Texas real estate market. The owners are both real estate veterans; Menard has been in the industry for more than 40 years, while Young began his career in 2007.
The view from California: A 10% jump in home sales next year
Sep 29, 2024 · Home prices also will increase, with the median at more than $900,000, C.A.R. predicts. But the recent drop in mortgage rates may help would-be buyers.
Something to be thankful for: Pending sales up, rates dip
Nov 27, 2024 · Buyers found a bit of relief last month, leading to more sales activity — but rising inflation is lurking heading into the holidays. Pending sales were up for the third consecutive month despite elevated mortgage rates. Improved affordability and inventory are contributing to more homebuying ...