Housing Wire

NOVEMBER 13, 2023

Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers.

Real Estate Agent 362

Real Estate Agent Real Estate Agents Sellers 362

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

Inventory 462

Inventory Marketing Housing Market New Listings 462

Housing Wire

JULY 5, 2021

From the National Association of Realtors : “Pending home sales rose 8% in May from the prior month and 13.1% is the highest reading for May since 2005. Of course, last year’s comps should be discounted due to COVID-19. from one year ago. The May 2021 Pending Home Sales Index of 114.7

Realtors 483

Realtors Contracts Marketing Housing Market 483

Housing Wire

NOVEMBER 13, 2023

The writer in the Economist says, “…either the fat fee [real estate commission] inflates the house price, or the buyer ends up paying a similar fee when he or she sells.” And this one, “If not for the Realtors rule, many buyers wouldn’t use brokers or would negotiate lower commissions. Home prices would likely fall.”

Real Estate 344

Real Estate Realtors Agents Buyers 344

Housing Wire

JULY 29, 2021

Though the desire for buyers to purchase a new home remains strong, skyrocketing prices are putting the dream out of reach for some buyers, economists in the housing industry said. in June, according to the National Association of Realtors , which tracks the metric. (An The overall pending home sales index fell 1.9% in June, down 4.7%

Marketing 433

Marketing Buyers Realtors Real Estate 433

Housing Wire

SEPTEMBER 8, 2022

Since many people think of housing as a wealth creator — and we want more Americans to have more wealth — then the government needs to make sure demand stays high enough for that wealth product to grow. The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5

Inventory 543

Inventory Law Housing Market Design 543

Lamacchia Realty

SEPTEMBER 7, 2023

has released its “Top Producing REALTORS®,” for August 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Laurie joined Lamacchia Realty Leominster in the spring of 2019.

Realty 74

Realty Realtors Real Estate Clients 74

Housing Wire

OCTOBER 20, 2023

RealTrends + Harris Insights ‘ studies from 2002, 2005, 2006, 2011, 2014, and 2019 all show that consumers know that commissions are negotiable. housing market that has become available in the last 25 years, the use of agents by consumers has risen, not decreased. Certainly, there are some that don’t.

Real Estate Agent 418

Real Estate Agent Real Estate Brokerage Agents 418

Lamacchia Realty

DECEMBER 7, 2021

has released their “Top Producing REALTORS®,” for November 2021! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Elisha Lynch obtained her Real Estate license in 2005. Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

JUNE 21, 2022

How do you know your house is overpriced? Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. If three weeks go by, contact your REALTOR® to discuss an adjustment on the list price. See chart below.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. Right now, we’re seeing unique conditions like: 1.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Housing Wire

MARCH 18, 2024

For agents navigating and servicing the American housing market , acknowledging its profound evolution over recent decades is crucial. Looking back to the 2005 and 2006 real estate peak, lofty home prices reached a then staggering-sounding high of $230,200 in July 2006. Or, they are going back to renting!

Real Estate Agent 339

Real Estate Agent Housing Market Real Estate Agents 339

Empire Appraisal Group

JUNE 2, 2022

Source: Is FOMO Fueling the Real Estate Market? Florida Realtors. Housing markets continue to run hot, despite rising interest rates and home prices. Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot.

Real Estate 78

Real Estate Marketing Housing Market Investors 78

Housing Wire

APRIL 11, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

Inventory 496

Inventory Housing Market Marketing Modernization 496

Housing Wire

DECEMBER 22, 2020

housing market has outperformed expectations, I expected these upward trends to moderate. Today, the National Association of Realtors reported a 2.5% The silver lining is that unlike in the previous cycle from 2002-2005, homeowners are in a much better financial position. If we have greater than 4.6%

Housing Market 545

Housing Market Buyers Realtors Marketing 545

Housing Wire

NOVEMBER 19, 2020

million, according to a report from the National Association of Realtors on Thursday. “The surge in sales in recent months has now offset the spring market losses,” NAR Chief Economist Lawrence Yun said. The housing market has only strengthened since the pandemic-induced lows in the spring.

Inventory 545

Inventory Realtors Housing Market Marketing 545

Housing Wire

MARCH 29, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

Inventory 404

Inventory Housing Market Marketing Modernization 404

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Over the years, I have tried to emphasize that the housing market in the U.S. can’t have a credit sales boom like we saw from 2002-2005.

Construction 370

Construction Housing Market Sellers Marketing 370

Housing Wire

JANUARY 12, 2022

This level, while historically still low, will mean the days on market will go higher, and this will give people choices. Here are two charts from the National Association of Realtors that will show that homes simply come off the market too fast to give housing a breather. What we have currently isn’t a balanced market.

Inventory 536

Inventory Mortgage Housing Market Marketing 536

McKissock

SEPTEMBER 7, 2021

Additional indicators can be some of the factors that led up to the last market bust; there are plenty of articles online with which to familiarize yourself. Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. In July 2005 in the St. in the past year.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 million , that would mean it’s a good year for housing demand. Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market. million and 6.2

Inventory 468

Inventory Housing Market Investors Marketing 468

Empire Appraisal Group

OCTOBER 28, 2021

USA TODAY spoke to eight experts to find out if a housing crash is on the horizon. For one, they say the housing market in 2021 is not like the boom-bust cycle leading up to the Great Recession. Given the strong housing market and price appreciation, banks are more likely to work with borrowers to restructure their loans.

Inventory 78

Inventory Housing Market Construction Real Estate 78

Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. In fact, our REALTORS had multiple properties that had over 30 offers! If they aren’t in a rush to sell they don’t care when a REALTOR tells them they can list and show their home in a safe manner. 2021 Recap. But not in 2021.

Sellers 74

Sellers Inventory Buyers Realtors 74

Lamacchia Realty

FEBRUARY 22, 2022

Below is a graph that illustrates home sales per year since 2005. Below is a graph that illustrates monthly home prices since 2005. There is a way to navigate this market successfully, with hiring a highly-trained, expert REALTOR being the first most important step. 2021 Sales by Month.

Inventory 51

Inventory Sellers Buyers Real Estate 51

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? So if someone bought a house in early January of 2021 and put 20% down, they would have nearly 40% equity in the home by the end of December. So how and when will this market change? One day, we will be reminiscing with the next generation about how there was once only a 2.5-week

Marketing 66

Marketing Sellers Buyers Inventory 66

Housing Wire

JANUARY 20, 2022

The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 I have never been a housing sales boom person because I don’t believe we can have a credit boom in America like we saw from 2002 to 2005. The real goal is to get the days on the market to grow.

Inventory 460

Inventory Housing Market Marketing Mortgage 460