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Report: Fewer real estate agents jumping from broker to broker
Despite April traditionally signaling a strong month for agent transfers as brokerages gear up for the peak selling season, this year’s AMI registered at 114.1, notably lower than the 129.8 recorded in April 2024 — a 12% decline. The subdued metric emphasizes the ongoing cautions stance among agents regarding brokerage changes.
Luxury rentals gain ground as more high-end buyers opt to lease
As mortgage rates remain elevated and housing inventory remains tight, luxury rentals are increasingly becoming a preferred choice for high-income U.S. households, marking a shift in how high-end housing is being viewed and occupied across the U.S.
Apartment security in 2025: Trends, challenges and renters’ concerns
While housing market conditions do seem to be easing as we move towards the midpoint of 2025, the dream of homeownership may still lie a little out of reach to many potential buyers.
With the average home price in the US up 1.4% year-over-year and mortgage rates forecast to settle around 6% by year-end, now might not be the ideal time to enter the market. But in some good news, the median US asking rent fell to its lowest level since 2022 late last year.
What happened to the summer housing market?
Last week, housing inventory growth dropped and new listing data declined again. We need more listings before the fall starts.
Former Sprout employees move to protect $3.5M settlement
Ex-workers took action in a NY court this week to ensure that a $3.5M settlement with defunct Sprout Mortgage for unpaid wages goes through.
Bank regulators release plan to increase capital requirements for mortgage lending
The changes would boost capital requirements for large banks’ residential mortgage portfolios compared to international standards. Mortgage trade groups are unhappy with the proposal.
Under tight state restrictions, Michigan’s housing market perseveres
“I’m getting a lot of calls, but we’re struggling with people who are not qualifying,” said Tania Maples at Michigan United Mortgage. HW+ Premium Content
What effect is the pandemic having on California real estate and lending?
The median price for an existing single-family home in March was $612,440 – one year earlier, the price was $565,740. HW+ Premium Content
Military towns take extra hit from relocation pause
With a halt on all military travel and relocations, thousands of active duty families – and the towns they’re relocating out of and into – are in limbo. HW+ Premium Content
