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.
Mortgage rates dip for the first time in 6 weeks
10 hours ago · With little new economic data this week, mortgage rates eased for the first time since mid-December, falling slightly below 7%. The average 30-year fixed-rate mortgage came in at 6.96%, according to the latest Freddie Mac survey, down from last week's average of 7.04%.
California’s home insurance crisis is just beginning
12 hours ago · Thousands of homes have been lost in January’s wildfires, which will undoubtedly strain both private and public insurers and exacerbate the ongoing insurance crisis. California’s state program — the FAIR Plan — faces so much exposure that it may need to be bailed out. If existing insurance ...
Compass to acquire @properties, Christie's International Real Estate
Dec 2, 2024 · Compass is maintaining its steep growth trajectory, adding @properties and Christie's International Real Estate to the fold in a $444 million move to increase its worldwide reach.. Chicagoland-based @properties is the eighth-largest residential brokerage by sales volume, Compass said in its announcement of the acquisition on Monday afternoon.
Agents expect more sales, (much) lower rates in 2025
Dec 20, 2024 · 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 ...
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.
Real estate news, advice and warnings to revisit heading into 2025
Jan 2, 2025 · Week after week in 2024, the residential brokerage world was flooded with industry-shaking news, making it a challenge for real estate professionals to keep up with the headlines or understand their impact.
Housing Market Decoded: Why Fed cuts haven’t kept mortgage …
Jan 15, 2025 · 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. Over the past few months, mortgage rates have ...
NAR economist bullish on home sales rebound in 2025
Nov 9, 2024 · BOSTON, Mass. — A year ago, the chief economist for the National Association of Realtors predicted a rebound in 2024. It never materialized, but he now thinks that after more than two years of sluggish sales, the housing market is (finally) primed for a recovery.
Industry News - RealEstateNews.com
A new presidential administration and a Supreme Court decision could affect how the Justice Department approaches the real estate industry in the new year.