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As insurance costs rise, real estate agents have more buyer concerns to assuage

Housing Wire

Now we are looking at a two- to three- business-day process and the buyer may not like the numbers they get back.” For some buyers, surprisingly high insurance premiums are causing them to second-guess the property they have selected. “I There has also been an uptick in the strength and scale of natural disasters.

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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. In comparison, in 2011, homes took 96 days to sell. .

Realtors 377
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Seller Filed a Racial Bias Complaint Against Me

Appraiserblogs

Could it be because of the racial bias complaint filed against me by an unhappy Seller… Fannie Mae accomplished what they set out to do in July 2011, when they initiated their Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal. So what’s caused the sudden loss of income?

Sellers 126
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Existing home sales lay the path for the 2024 housing market

Housing Wire

From the National Association of Realtors (NAR): Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – elevated 0.8% The marketplace data told us we had no stressed sellers in 2023. So let’s take a look at the playbook. million in November. from one year ago (1.12

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Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

No seller must use a real estate agent to sell a home — ever. No buyer must use a real estate agent — ever. No buyer must use a real estate agent — ever. They may buy directly from a seller, whether that seller is represented by an agent or not. I am repeating myself but bear with me.

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Lamacchia Realty Announces Top Producing REALTORS® for December 2023

Lamacchia Realty

has released its “Top Producing REALTORS®,” for December 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.

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Existing home sales are working from a historic low bar

Housing Wire

From NAR: First-time buyers were responsible for 29% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 29 days. This is a positive for housing in 2024 as most sellers are buyers.