Lamacchia Realty

JANUARY 25, 2024

As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments. The number of homes placed under contract decreased by 19.3%

Inventory 57

Inventory Sellers Buyers Real Estate 57

Lamacchia Realty

JANUARY 25, 2024

This report breaks down state-wide sales (previous years mostly covered Southern NH and the Lakes Region ), average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022, and discusses what is predicted to unfold in 2024. Average prices for closed sales increased by 7.2%

Inventory 52

Inventory Sellers Buyers Contracts 52

Lamacchia Realty

JANUARY 30, 2024

The 2023 South Florida real estate market, like national trends, saw a decrease in sales, an increase in prices, and a decrease in the number of homes listed and placed under contract. The number of homes listed decreased by 10% The number of homes placed under contract decreased by 14.1% Again, condos have had a rougher go of it.

HOA 49

HOA Inventory Buyers Contracts 49

Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. That’s up from 36% of sales in 2022 but far from the peak this century of 45% in 2011, according to ATTOM. >>

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

JANUARY 19, 2024

Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is why the Altos Research numbers we cite are always smaller than the NAR numbers, which accounts for all home types and those in contract.

Housing Market 418

Housing Market Inventory Contracts Marketing 418

Housing Wire

AUGUST 24, 2023

However, persistently high mortgage rates pose a significant affordability challenge to buyers and sellers (not to mention the workers of a trillion dollar-plus industry). Higher mortgage rates probably signal “a further contraction in home sales activity,” she added. “We

Mortgage 367

Mortgage Property Taxes Investors Buyers 367

Will Springer Realtor

DECEMBER 14, 2021

Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021. With more sellers expected to enter the market as buyer competition remains fierce, we anticipate strong home sales growth at a more sustainable pace than in 2021.”. from the same time in 2020 and a low not seen since 2011.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Appraisal Today

JUNE 3, 2022

Sellers, it’s time to listen. Sellers could sell and relocate to an area with much lower home prices, which a friend of mine recently did. EDI to UAD – 1994: EDI maybe, 2011: UAD. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 5.33

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. In his estimate: “Homebuilding’s going to contract.”. or lower – as low as 2.77%, according to Freddie Mac.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

SEPTEMBER 8, 2021

Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. About three in every 10 sellers say they have used a camera on the property during an open house or showing at their home, according to a study of more than 2,000 consumers from LendingTree. . >> Buyers secured 3.8

Construction 36

Construction Inventory Buyers Real Estate 36

Housing Wire

MAY 24, 2022

I know some people don’t agree with me on this, but the price gains in both the existing home and new home sales sector show that homebuilders and sellers had too much pricing power and needed to be checked. Still, the existing home sales market has an active seller who decides to sell their home to buy another one or rent.

Housing Market 392

Housing Market Inventory Construction Marketing 392

Houston Properties

MAY 16, 2022

In a study conducted by Houston Properties, only about 40 properties were sold under this category back in 2011, but that number has tripled just last year. The demand is higher and there are good deals to be made both for sellers and buyers of farm and ranch-style homes. " – Christian (Google Review). Get PDF Now.

Marketing 36

Marketing Real Estate Buyers Realtors 36

Will Springer Realtor

JUNE 9, 2023

They found that the number of households headed by 25- to 34-year-olds grew by 300,000 per year in 2016-2021, up sharply from an average annual growth of 45,000 households between 2011 and 2016, a difference of 260,000 additional households per year. That’s a swing of 550,000 households a year in overall household growth among this age group.

Buyers 36

Buyers Transportation Housing Market Law 36

Hood Homes Blog

SEPTEMBER 20, 2018

When I was deployed to Afghanistan in 2011, I rented it out as well. Sure enough, I contracted on a $177,000 fourplex in SW Killeen and closed a week after redeploying. It’s still very typical in our market for the seller to pay most if not all of the closing costs. It was also cash flow negative. for $1295.

Investing 36

Investing Landlords Investors Finance 36

Housing Wire

APRIL 19, 2021

In fact in his testimony from 2011 , Calabria explicitly called for much of what he has done to date. For example, one of the items in the recent PSPA amendment states that the GSEs “cannot vary the pricing, or any other term of the acquisition by seller…based on size, charter type, or volume of business.”

Mortgage 500

Mortgage Government Investors Marketing 500

Will Springer Realtor

MAY 9, 2022

Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past. UPDATE: This home is now under contract, pending inspection.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 8, 2021

To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. The increase in competition among sellers for those fewer active buyers may lead to price reductions for the next few months. in Q2, down from 6.8% OCTOBER HOUSING UPDATE. Inventories improved fractionally.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Our shrinking wallets have people delaying bigger purchases or at least looking for bargains when possible – including homes.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Housing Wire

DECEMBER 23, 2021

But The Real Deal article also reported that in 2011 three of the biggest U.S. The agent sends a link to the buyer or seller, and that client can search for or view properties on the app, save them, message the agent about the property and communicate back and forth in real time.”.

Brokerage 333

Brokerage Agents Real Estate Real Estate Agent 333

Clear Capital

OCTOBER 28, 2021

The seller has a bunch of dogs — like 10 little tiny puppy dogs — in the yard is constantly covered in dog poop as a result. Like, the seller never cleans it up. Since 2011, Nooklyn has helped over 55,000 New Yorkers — that’s a lot — find their apartment and processed over 85 million in rental payments.

Real Estate 69

Real Estate Tools Agents Real Estate Agent 69