Agents expect more sales, (much) lower rates in 2025
Two recent surveys of agent sentiment conveyed a general sense of optimism heading into the new year, though mortgage rate expectations may not match reality.
December 20, 2024
AJ LaTrace
AJ has covered real estate for the last decade as a reporter and editor for publications including Vox Media's Curbed, Chicago magazine and Business Insider. At Business Insider, AJ led the brand's coverage of how everyday people invest in real estate as a means of gaining financial independence, and he reported on big-picture trends and pain points in the broader U.S. real estate market. AJ is based in Chicago, where he also moonlights as a small-time landlord.
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- The Ten: Real’s dynamic president, and the firm’s stellar yearAs other brokerages stumbled in 2024, Real saw enviable growth in agent count, transactions and share price — with President Sharran Srivatsaa setting the tone.December 19, 2024
- 2025’s ‘defining challenge,’ and what will (or won’t) changeExpect a “solid year for new home sales,” modest declines in mortgage rates, and a faster pace of wage growth, Fannie Mae and Veterans United experts predict.December 17, 2024
- The Ten: The portal wars, and how the gloves came off in 2024For CoStar and Move, the battle for dominance escalated from civil competition to full-scale attacks. Zillow and other players, meanwhile, stayed out of it.December 14, 2024
- Realtors should know where their NAR dues are going, says NYT reporterAfter her New York Times story sparked controversy, Debra Kamin told Real Estate News that agents — and the public — deserve to know how NAR spends its money.December 13, 2024
- Another brokerage to let Arizona agents split with NARScottsdale-based HomeSmart is giving area agents the choice to opt out of NAR membership in 2025.December 11, 2024
- NAR responds to ‘myths’ in New York Times ‘dark money’ storyThe association shared “a comprehensive fact check” rebutting claims of political bias and questionable financial practices related to an affiliated nonprofit.December 10, 2024
- New York Times targets NAR again, this time over political influenceA new report shines light on NAR’s American Property Owners Alliance and raises issues around transparency and the ethics of partisan spending.December 9, 2024
- Controversial sale-leaseback proptech EasyKnock shuttersThe company had been mired in lawsuits from customers in Texas and Michigan and had also received scrutiny from different state attorneys general.December 9, 2024
- The Ten: How eXp’s Leo Pareja has taken the reinsDuring a year of turmoil in the industry, Pareja — who just moved into the CEO role in April — has repeatedly jumped into the fray to tackle issues head-on.December 7, 2024
- Realtor.com CEO on fighting ‘the right way,’ growth, and the CCPDamian Eales sees Zillow as both a top competitor and an important partner, and explains why he has continued to “call out” Homes.com.December 4, 2024
- NAR holds onto more than 1.5M members despite turbulent yearThe National Association of Realtors reported having roughly 1.52 million members in December, despite growing pushback from agents and local associations.December 2, 2024
- Why buyers are gravitating toward smaller homesAs household composition shifts, builders look to the starter homes of yesteryear to deliver more practical, affordable single-family homes for today’s buyers.November 29, 2024
- DOJ’s 11th-hour statement on NAR deal elicits strong reactionsIndustry insiders quickly weighed in on the agency’s Sunday filing, which suggested that the settlement won’t protect NAR from future antitrust action.November 25, 2024
- The US needs more housing — and agents are key advocatesChronic undersupply has led to an affordability crisis, but real estate professionals can help by supporting new development in their communities, experts say.November 22, 2024
- Corcoran gains 400+ agents with new DC-area affiliateThe luxury-focused firm announced its first franchise in the D.C. metro, which will boost its total agent count and number of offices by nearly 10% each.November 20, 2024
- Phoenix association offers MLS access without Realtor membershipThe new, lower-cost program also includes access to legal forms and training, and is being rolled out as NAR’s three-way agreement faces greater scrutiny.November 19, 2024
- DOJ will ‘get their wings clipped,’ predicts brokerage leaderBroker and real estate influencer Anthony Lamacchia told agents at NAR NXT that it’s “ridiculous” what the DOJ has been “doing to our industry” in recent years.November 15, 2024
- NAR economists offer dire warnings about inventory, ratesIf home price growth continues at the current pace, “America will be completely divided,” said Chief Economist Lawrence Yun. The solution? “More supply.”November 14, 2024
- eXp’s CEO on Clear Cooperation: You can’t take but not giveWant to repeal the CCP? Then you shouldn’t be able to build your own listing networks while pulling from the cooperative MLS feed, says eXp CEO Leo Pareja.November 13, 2024
