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. homes sold in June found a buyer in less than a month. The market has, ahem , evolved in the four years since. on the Eastside.

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Sellers Buyers New Listings Inventory 60

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 125

Sellers Buyers Mortgage Marketing 125

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. That competition helped lift average price execution (winning bid as percentage of seller reserve) for vacant REOs to 104.8% The post As vacant foreclosures increase, so does buyer interest appeared first on HousingWire.

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Buyers Development Renovations Retail 332

Housing Wire

MARCH 22, 2023

What does it mean for buyers, sellers? The good news is that the continued strength of the job market means that both sellers and buyers are still in a favorable financial position heading into the spring housing market, Jones noted. After dropping for 12 months, existing home sales rebounded in February, climbing 14.5%

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Mortgage Sellers Buyers Housing Market 375

Housing Wire

OCTOBER 31, 2023

Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand. Like the defendants who testified before her, Davis noted that buyers’ agents help both buyers and sellers, as they help bring qualified buyers to the bargaining table.

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Agents Sellers Buyers Law 389

Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. She also said that HomeService’s guidelines state that listing brokers need to compensate buyer brokers only when the property is in the MLS.

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Law Agents Realtors Contracts 413

Housing Wire

OCTOBER 18, 2023

The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission class action lawsuit included plenty of insights into how the plaintiffs are approaching what is expected to be a battle royal. When you reduce the commission, you reduce the incentive for that agent to bring a buyer to your house.

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Agents Training Real Estate Real Estate Agent 417

Housing Wire

MARCH 18, 2022

After 11 years of listening to people talk about housing crashing from 2012-2022, you have to ask yourself who is the bigger fool: the fool, or the fool who follows them? My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever.

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Housing Market Marketing Inventory Sellers 542

Housing Wire

DECEMBER 7, 2022

These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. As we can see below, none of that is happening today because the seller isn’t stressed.

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Housing Market Mortgage Marketing Inventory 543

Housing Wire

NOVEMBER 9, 2022

Post-2012, whenever mortgage rates rise, existing home sales always trend below 5 million. Homeowners are in a better financial situation now, they live in their homes longer and longer, so the inventory channels have been much different post-2012. We saw this happen in 2013-2014 and 2018-2019.

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New Listings Inventory Housing Market Sellers 478

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. The reality is that home sellers and builders had too much pricing power. This is because the biggest buyers of homes are mortgage buyers.

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Housing Market Marketing Inventory Investors 449

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.

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Sellers Housing Market Marketing Buyers 450

Housing Wire

AUGUST 21, 2023

Homelight , a platform for homebuyers and sellers, was No. 403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. 1,943 EmpowerHome 289% 2006 A partner to real estate teams and agents, offering exclusive programs to ensure sellers get top dollar for their properties.

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Real Estate Real Estate Agent Technology Investors 360

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.

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Real Estate Brokerage Buyers Property Management 302

Housing Wire

SEPTEMBER 13, 2022

It all started when mortgage rates jumped from 5.25% to 6.25% this year and I saw how home sellers reacted to that move. Traditionally speaking, post-2012, inventory growth came in years where demand was weaker from mortgage buyers: 2014 and 2022. Can you blame home sellers? in 2021 and as high as 6.25% in 2022.

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Mortgage Inventory New Listings Sellers 515

Housing Wire

DECEMBER 28, 2023

We’ve seen a consistent theme of potential sellers – many with first-lien rates a full 3 percentage points below today’s offerings – pulling back from putting their homes on the market,” said Andy Walden, Intercontinental Exchange, Inc. Most years that number is closer to 30%, said Ullmann, who’s been an LO since 2012.

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Business Mortgage Loan Officers Inventory 413

Housing Wire

DECEMBER 21, 2022

.” 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. Since the credit standards have improved post-2010, we shouldn’t see distressed sellers until a job loss recession happens, even if sales fall noticeably.

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Inventory New Listings Housing Market Sellers 516

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. The higher cost of financing a home pushed some buyers out of the market. It also includes the demand side, in the number of homes buyers are willing to purchase.

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Marketing Inventory Buyers Sellers 147

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.

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Inventory New Listings Law Housing Market 382

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” It re-emerged in the AI scene in October 2012. Engaging in an informative and pleasant conversation with a listing chatbot leaves a positive first impression on the buyer regarding the property and the seller.

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Real Estate Agent Real Estate Agents Tools 370

Housing Wire

AUGUST 18, 2023

This is the first year CityLight Homes, which was founded in 2012 by Robert Berry, has made the list. In our team approach someone is always available to show a home and we offer one stop shopping for every need a buyer or seller would have during the process. 186 spot on the Inc. 5000 list, with a 3-year growth rate of 2,870%.

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Brokerage Real Estate Realty Real Estate Agent 369

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.

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Inventory Marketing Housing Market New Listings 463

Appraisal Buzz

JANUARY 17, 2022

Many buyers hope the housing market will cool down in 2022, and while experts don’t think it will be as competitive, this is unlikely to be a dramatic shift — at least not one that turns the market away from being seller-friendly. At the same time that thousands of buyers are entering the market, remote work is settling in for good.

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Construction Supply Chain Housing Market Technology 468

Zillow

JUNE 19, 2017

After months of searching for the perfect home, making some offers, and maybe even competing with other buyers, you finally have a deal on your dream home. It took some negotiations, but you and the seller have come to terms. Here are five things every home buyer and seller should know about last-minute negotiations or credits.

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Sellers Buyers Inspection Contracts 36

Housing Wire

DECEMBER 22, 2021

I understand that grifters have to keep the grift going, but not even the Joker would say that the housing market lives off investors and not mortgage buyers. As you can see below, we don’t have a booming credit housing market as we saw from 2002-2005; we have steady replacement buyer demand.

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Inventory Housing Market Investors Marketing 473

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. An index score of 100 means that a buyer with a median U.S. years, assuming prospective buyers save 5% of their household income each month.

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Buyers Development Construction New Listings 36

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.

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Inventory Sellers Buyers Contracts 52

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. Single-family-home buyers seeking to purchase a luxury home – known as a high-balance mortgage – will likely pay a higher interest rate.

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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 Buyers with the deepest pockets may wait, however. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home.

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Buyers Law Inventory Development 36

Annarbor Appraisal

APRIL 9, 2020

Price increases both with single-family houses and condominium units started in 2012 in earnest. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. Many agents have noted that their buyers are reticent to purchase in this manner.

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Buyers Property Taxes Sellers Realtors 78

Lamacchia Realty

OCTOBER 11, 2023

As an agent, Julia’s goals are to truly guide home buyers and sellers throughout the entire home buying/selling process. Buyers, sellers, investors, and builders are her business and she values every single client and loves getting people where they want to be. Watch AJ’s bio video by clicking here.

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Realtors Realty Real Estate Clients 74

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.

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Marketing Buyers Inventory Sellers 36

Lamacchia Realty

OCTOBER 22, 2021

Lisa began her real estate career as a residential sales agent in 2012 and has created an impressive business and continues to dominate in the markets she serves. Most recently, Lisa was named a real estate All-Star in the Northshore Magazine for being able to expertly assist both buyers and sellers on the North Shore.

Realty 64

Realty Realtors Real Estate Clients 64

Housing Wire

MAY 17, 2022

According to her LinkedIn profile, she worked at the Center for Responsible Learning from 2007 to 2011, at the Federal Housing Finance Agency from 2011 to 2012 and at the Center for American Progress from 2012 to 2015. Some Senate Republicans have labeled that type of funding “circular funding schemes.”.

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Insurance Development Housing Market Mortgage 329

Will Springer Realtor

MAY 9, 2023

Where are all the sellers? A full 82% of sellers and buyers felt “locked in” by their current (low) mortgage rates, according to a survey released by realtor.com. between May 2007 and January 2012. Seattle had a 6.6% (1045) new-listings decline from the previous month and was down 28% year-on-year (YoY).

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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.

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Clients Sellers Loan Officers Real Estate 62

Lamacchia Realty

JANUARY 4, 2022

He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. To learn more about Sarah, click here: Sarah Schouler Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.

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Realty Realtors Real Estate Clients 73