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Why didn’t double-digit growth in purchase apps lead to more home sales in 2025?

December 28, 2025 by bp56691
Why didn’t double-digit growth in purchase apps lead to more home sales in 2025?
Despite double-digit growth in purchase applications for much of 2025, existing home sales increased only modestly from 2024.
Categories Existing home sales, Housing Market, HWmember, Mortgage Rates, Purchase Applications

Compass, NWMLS clash over document production in antitrust suit

December 26, 2025 by bp56691
Compass accuses NWMLS of delaying document production in their antitrust lawsuit, with trial now set for October 2026.
Categories Clear Cooperation, Compass, HWmember, Legal, MLS & Associations, northwest mls, Real Estate

The U.S. housing market in 2025: A year of normalization

December 26, 2025 by bp56691
U.S. housing inventory rose 16.4% in 2025, flattening prices and extending days on market as balance returned.
Categories 2025 Year in Review, Artificial Intelligence, Housing Market, Housing Market Data, HWmember

Compass-Anywhere deal may exceed DOJ market-share limits in some cities

December 26, 2025 by bp56691
The Compass-Anywhere merger may give one firm over 30% market share in key cities, raising antitrust concerns.
Categories Anywhere, Brokerage, Compass, Department of Justice, Elizabeth Warren, Federal Trade Commission, HWmember, Mergers and Acquisitions, Real Estate, Regulatory, Robert Reffkin

DOJ wants antitrust review of real estate commissions in Davis suit

December 26, 2025 by bp56691
The DOJ filed a statement in the Davis lawsuit, arguing real estate agent commissions remain inflated due to trade group rules.
Categories Commission Lawsuit, Department of Justice, Howard Hanna Real Estate Services, HWmember, Legal, MLS & Associations, national association of realtors, Real Estate, Regulatory

NAR legislative priorities for 2026 focus on housing supply, affordability

December 26, 2025 by bp56691
NAR’s 2026 priorities focus on bipartisan solutions to expand housing inventory and address affordability challenges.
Categories Affordability, Affordable Housing, House of Representatives, Housing Inventory, HWmember, Legislation, MLS & Associations, national association of realtors, Real Estate, Senate, Zoning

Mortgage applications fall 5% despite rate decline

December 24, 2025 by bp56691
Mortgage applications fall 5% despite rate decline
Despite steady mortgage rates, market trends like a softening job market and elevated inventories continue to impact application volumes.
Categories HWmember, Mike Fratantoni, Mortgage, Mortgage Applications, Mortgage Bankers Association, Mortgage Rates, Origination, Purchase Applications

Texas proposes property tax cuts for homeowners 55+

December 23, 2025 by bp56691
Texas Lt. Gov. Dan Patrick’s “Operation Double Nickel” proposes lowering the senior property tax benefit age to 55 and expanding exemptions.
Categories Housing Market, HWmember, Property Tax, Reverse, Texas

Mortgage rates cool in 2025, but 2026 relief likely limited

December 23, 2025 by bp56691
Mortgage rates started the year slightly above 7% but are heading into the holiday season near 6.2%. 2026 forecasts show little change ahead.
Categories Federal Reserve, HWmember, LendingLife, Mortgage, Mortgage Rates, Mortgage Rates Center

MBA 2026 forecast: Slow growth amid inflation, rate hikes

December 23, 2025 by bp56691
MBA’s December forecast projects economic growth of 1.6% in 2025 and puts the chance of a recession over the next 12 months at 35%.
Categories Home Prices, HWmember, Mortgage, Mortgage Bankers Association, Mortgage Rates, Origination
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