Housing Wire

JANUARY 9, 2023

Buyer behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these buyers depend heavily on them accurately anticipating what the retail market will look like in the next six to 12 months. percent, according to ATTOM Data Solutions.

Retail 421

Retail Sellers Buyers Market Value 421

Inman

JULY 11, 2023

Annual home price growth fell below 2 percent for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic.

Sellers 118

Sellers Buyers Mortgage Marketing 118

Housing Wire

NOVEMBER 9, 2022

In the summer of 2020, I talked about how the housing market would change, but it needed the 10-year yield to break over 1.94%, which roughly means 4% plus mortgage rates. Post-2012, whenever mortgage rates rise, existing home sales always trend below 5 million. That happened in March of this year.

New Listings 467

New Listings Inventory Housing Market Sellers 467

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. From a buyer’s perspective, it couldn’t be worse. Mortgage rates are high, home prices are high, there’s no inventory.”

Sellers 60

Sellers Buyers New Listings Inventory 60

Housing Wire

MARCH 18, 2022

You can see why I have been on team higher mortgage rates for some time now because we don’t have any other way to get off this madness. You can’t have the best housing demographics ever, with the lowest mortgage rates and the best loan profiles with falling inventory for eight years, and not be concerned about this during 2020-2024.

Housing Market 540

Housing Market Marketing Inventory Sellers 540

Housing Wire

AUGUST 21, 2023

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Homelight , a platform for homebuyers and sellers, was No. Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. 5000 edition.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

JUNE 28, 2022

growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. Imagine if mortgage rates didn’t rise this year. The reality is that home sellers and builders had too much pricing power.

Housing Market 447

Housing Market Marketing Inventory Investors 447

Housing Wire

DECEMBER 21, 2022

. “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. ” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well.

Inventory 505

Inventory New Listings Housing Market Sellers 505

Housing Wire

APRIL 26, 2021

In looking at more than 400 metros, Redfin found that homes sold during a four-week period ending April 18 were on the market for a median of 21 days, the shortest time on market since 2012. That’s also 16 days fewer than the same period in 2020. And 45% of homes sold for more than their list price, another an all-time high.

Sellers 450

Sellers Housing Market Marketing Buyers 450

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 291

Real Estate Brokerage Buyers Property Management 291

Padove Appraisal Service

DECEMBER 10, 2022

We have seen a combination of few homes offered for sale, and strong buyer demand. Buyers have had difficulty finding a home to purchase at any price. Recent increases in mortgage rates have reduced some demand. The higher cost of financing a home pushed some buyers out of the market. This remains unknown.

Marketing 147

Marketing Inventory Buyers Sellers 147

Housing Wire

NOVEMBER 18, 2022

NAR Research : First-time buyers were responsible for 28% of sales in October; All-cash sales accounted for 26%; Individual investors purchased 16%; Distressed sales represented 1% of sales; Properties typically remained on the market for 21 days in October. Now we are getting the call back to balance, which is good. million in October.

Inventory 459

Inventory Marketing Housing Market New Listings 459

Housing Wire

AUGUST 30, 2022

This means all those men and women since 2012 who have been saying its housing 2008 all over again on their YouTube , Twitter, Facebook and other social media outlets simply don’t have the proper training to talk about housing economics. crash, especially from 2012-2019. It hasn’t worked since 2012 for a reason.

Inventory 381

Inventory New Listings Law Housing Market 381

Housing Wire

DECEMBER 22, 2021

It’s the same reason I have given for many years: the American bears who are typically housing crash addicts can’t read data correctly, and the mortgage purchase application data just proved my point once again. million level for three straight months, aligning with the better mortgage demand growth that we saw for four months.

Inventory 456

Inventory Housing Market Investors Marketing 456

Lamacchia Realty

JANUARY 25, 2024

This created an extreme scarcity of inventory and contributed to elevated prices, but it also led to a 22% decrease in the number of sales, leaving buyers eager. The decline can be attributed partly to buyers grappling with the affordability challenges posed by higher interest rates and continuously escalating prices.

Inventory 52

Inventory Sellers Buyers Contracts 52

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. An index score of 100 means that a buyer with a median U.S.

Buyers 36

Buyers Development Construction New Listings 36

Housing Wire

MAY 17, 2022

Gordon already possessed a vast knowledge of the workings of the Federal Housing Administration , a complex agency within HUD, and the government’s premier mortgage financing product serving first-time homebuyers and borrowers of color. “I I always used to joke with her that she knew more about the program than I did,” Golding said.

Insurance 311

Insurance Development Housing Market Mortgage 311

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. The federal guarantors of most consumer mortgages have agreed to raise the borrowing limits on 30-year conforming loans. Census data through October.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s That’s a triple whammy hitting potential homebuyers,” notes Len Kiefer, deputy chief economist at Freddie Mac, which buys many of our mortgage loans from lenders.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

Marketing 36

Marketing Buyers Inventory Sellers 36

Annarbor Appraisal

APRIL 9, 2020

Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. Price increases both with single-family houses and condominium units started in 2012 in earnest. Year to year trends. On this date, our world changed even further.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Will Springer Realtor

MAY 9, 2023

It’s a dynamic not often seen in our area and it – along with stubbornly high mortgage interest rates – has generated a rollercoaster ride of data that would make Six Flags jealous. Where are all the sellers? They’re sitting comfortably at home enjoying mortgages with historically low interest rates and little incentive to move.

New Listings 59

New Listings Inventory Buyers Sellers 59

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. In a market this competitive, a seller has an advantage. Housing prices have increased.

Clients 62

Clients Sellers Loan Officers Real Estate 62

Eppraisal

APRIL 12, 2022

" There has been a backlog of buyers for a couple years now. Who are these buyers and which generations are they coming from? Millennial Home Buyers The largest group of home buyers today are the Millennials, also known as Generation Y.  These Gen Z members were born between 1997 to 2012.

Home Value 36

Home Value Real Estate Buyers Realtors 36

Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? Investor purchases of U.S.

Appraisal 67

Appraisal Real Estate Contracts Design 67

Will Springer Realtor

JUNE 6, 2023

The portion of American adults who identify as LGBTQ+ is 7.2%, double the figure since 2012. Most prospective buyers use one of the large real estate search engines and filter their criteria to narrow the number of potential homes to check out. That’s 24M Americans, including 19.7% Gen Z and 11.2% Millennials who identify as LGBTQ+.

Real Estate 36

Real Estate Realtors Buyers Legal 36

The Robert Weiler Company

MARCH 15, 2021

Built on land that was once home to the Sunshine Terrace 11-story tower, part of the Riverside Bradley public housing complex was torn down in 2012 to make way for the innovative undertaking. If you have a specialty property for sale, you need a specialty property buyer. As commercial real estate brokers, our job is two-fold.

Appraisal 158

Appraisal Property Appraisal Real Estate Buyers 158

Will Springer Realtor

JANUARY 10, 2023

A bright spot for buyers: Active listings for all homes as of Jan. That is the lowest annual figure since 2012 (27,601), according to MLS data. Two are excellent guideposts for home purchases: Mortgage applications and Pending sales. The monthly mortgage payment for a median-priced home in the U.S.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Why We’re Fearful: Buyer & Seller Mistakes. "A The root causes of buyers overpaying are similar: Using an inexperienced agent (one with less than 6 transactions in total). Get PDF Now. Table of Contents. Should I Panic?

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Look at the green states of Idaho, Nevada and Utah on the 2012 map; they have seen housing affordability plummet by 2019, skipping past the yellow category to brown in less than a decade. percentage points. POTENTIAL TAX SAVINGS.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. Rainier-esque peak of a decade past! Thank you, Millennials!

Real Estate 36

Real Estate Inventory Buyers Construction 36

Hood Homes Blog

SEPTEMBER 20, 2018

You can live in one unit and rent out the others – often enough to cover most or all of your mortgage. Although I was cash flow negative after paying the mortgage and expenses, I reasoned that I was making money in equity and tax benefits. My mortgage was under $1350 at the time. mo and paying a $1775/mo for your mortgage.

Investing 36

Investing Landlords Investors Finance 36

Clear Capital

OCTOBER 28, 2021

And they hadn’t hit that that wall that we experience more on the mortgage side — all the compliance reasons why you can’t do that. 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.

Real Estate 69

Real Estate Tools Agents Real Estate Agent 69

Houston Properties

OCTOBER 1, 2021

Contact me for a list of recommended mortgage providers and what (who) to avoid. Contact Paige Martin at Paige@HoustonProperties.com for great mortgage banking recommendations. We first worked with Paige and her team in 2012 and chose to work with them again in 2021. 3.05% interest rate with a 30 year mortgage with no PMI.

Real Estate Agent 41

Real Estate Agent Realtors Real Estate Agents 41