Housing Wire

APRIL 23, 2021

A National Association of Realtors’ report from 2020’s end found the highest volume of home sales since 2006. But the NAR reported this week that home sales in March fell for the second month in a row as inventory plunged and home prices climbed to record levels. But with a third of U.S.

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Inventory Housing Market Realtors Marketing 433

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Employing targeted marketing strategies is equally vital to optimize exposure to potential buyers, minimize days on the market, and maximize the final sales price.

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Business Marketing Real Estate Legal 337

Housing Wire

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. from its former high in July 2006, and was up 8.4% The National Index is now up 24.5%

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Contracts Inventory Realtors Government 532

Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. This elevated level of competition may be starting to wear on buyers’ confidence and could be holding back sales volumes. “Last month, existing home sales recorded their best bottom line in any April since 2006,” Speakman said. from March to 5.85

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Inventory Buyers New Listings Marketing 413

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. Inventory is always seasonal. Today inventory levels are at 1.02

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Housing Market Marketing Inventory Realtors 514

Housing Wire

DECEMBER 29, 2020

from its former high in July 2006. Home prices have continued to increase this year as a result of low inventory and high demand for homes. million, according to the National Association of Realtors. The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. census divisions, reported an 8.4% respectively.

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Buyers Construction Realtors Inventory 542

Housing Wire

SEPTEMBER 29, 2021

Increased inventory of homes for sale, near historic low mortgage rates and favorable demographics means more housing demand, ” Odeta Kushi, the First American deputy chief economist said in a statement. This is a strong purchase market and the uptick in inventory is bringing back some buyers who pulled back during peak frenzy.”.

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Contracts Inventory Housing Market Marketing 355

Housing Wire

DECEMBER 28, 2021

But — in the same beat — Caporale added, “There is still a massive influx of buyers, and I am not seeing a significant drop in demand.” real estate in 2022 may see challenges to its biggest enterprises, including the National Association of Realtors and Zillow , and shifting adjustments to how work is done amid the coronavirus pandemic.

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Real Estate Realty Brokerage Realtors 440

Housing Wire

NOVEMBER 16, 2020

“Property managers are renting places that would usually be $800 a month for $1,200, so people figured if they’re paying that much, they might as well own their home,” said Tom Torres, an El Paso-based real estate agent and former president of the El Paso Association of Realtors. Thank goodness Realtors were deemed essential.”.

Housing Market 408

Housing Market Real Estate Agent Marketing Real Estate 408

Empire Appraisal Group

MAY 13, 2021

source: ‘This Isn’t a Bubble’ | Realtor Magazine. housing market is on a hot streak with double-digit annual gains in home prices, bidding wars, and surging buyer demand. Lawrence Yun, chief economist of the National Association of REALTORS®, agrees. But this isn’t 2006. ‘This Isn’t a Bubble’.

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Housing Market Realtors Inventory Finance 78

Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. The same trend is seen in existing-home sales due in large part to a lack of inventory of available homes for sale. Median new-home sales prices rose 17.5%

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Finance Construction Law Inventory 334

Lamacchia Realty

JANUARY 30, 2024

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This resilience is more attributable to the reduction in inventory rather than a decline in sales. Maine Sales Decreased by 18.9% decrease to a 15.3%

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Inventory Sellers Buyers Contracts 54

Housing Wire

APRIL 20, 2022

As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. Real estate agents are busier than ever. “I

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Empire Appraisal Group

SEPTEMBER 8, 2022

Nowhere in Sight | Florida Realtors. Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune). Housing Market Collapse? Nowhere in Sight.

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Housing Market Marketing Real Estate New Listings 78

Eppraisal

DECEMBER 2, 2021

There is a lot in the news about the real estate market and how home values are rising, inventory and interest rates are low, and the like. The National Association of Realtors (NAR) shows alarming statistics. The lack of homes available for sale, or low inventory, has made showing homes difficult.

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Real Estate Agent Real Estate Agents Buyers 36

Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. It’s because homeowners look great financially, they live in their homes longer than ever and the inventory shortage is creating forced bidding,” he says.

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Inventory Housing Market Construction Real Estate 78

McKissock

SEPTEMBER 7, 2021

Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. Increasing inventory is generally a sign that buyers have stopped buying (due to prices being too high or a lack of consumer confidence), or there are just fewer ready, willing, and able buyers in the marketplace.

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Marketing Real Estate Appraisal Inventory 71

Empire Appraisal Group

APRIL 22, 2021

Source: Housing Demand Likely to Stay High for Years to Come | Florida Realtors. While higher housing costs and mortgage rates will chip away at buyer demand, the sheer volume of current buyers makes the next buyers’ market appear far away. Housing Demand Likely to Stay High for Years to Come. MECKLENBURG, Tenn. –

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Construction Finance Housing Market Buyers 78

Clear Capital

AUGUST 30, 2021

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. Download the report , or read it below. Let’s address the “incipient bubble” first.

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Marketing Real Estate Inventory Construction 69

Housing Wire

FEBRUARY 14, 2022

In July, the National Association of Realtors reported that 87% of its over 1.5 Redfin, on the other hand, has had agents as employees since Glenn Kelman founded it in Seattle in 2006. I did a nine to five job – inventory analysis – in my mid-to-late 20’s,” said Goldberg, presently a Redfin agent in Charlotte. “It

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Business Brokerage Real Estate Agent Agents 360

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. this year. >>

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). >> The National Association of Realtors’® top economist forecast 2021 will end the year with 6.1

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Will Springer Realtor

MAY 9, 2022

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home.

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Architecture Design Buyers Construction 36