Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month

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Housing Wire

NOVEMBER 13, 2023

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. The report is an annual survey of homebuyers and sellers who closed transactions between July 2022 and June 2023.

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Housing Wire

DECEMBER 26, 2022

The three categories I’ll cover will be the weekly purchase application data, the Altos Research weekly inventory data , and what the bond market/ mortgage rates did recently. Housing market inventory. Altos Research data shows that the weekly inventory fell from 521,957 to 507,934 last week. 15 to 6.32% today, Dec.

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Housing Wire

OCTOBER 26, 2023

After filing a motion for a mistrial Wednesday morning, citing several grievances including “vulgar” footage from a Tom Ferry podcast featuring Allan Dalton and references to the Department of Justice’s investigation of the National Association of Realtors (NAR), defendant HomeServices of America learned it didn’t get its way.

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Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015. For the same period this year, the company has 4,007.

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Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. “Greater participation of sellers and builders in the months ahead will make home sales possible while easing some of the pressure on price growth, which is currently rising at a double-digit percent rate and has been for almost six months.”

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Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% “This solid buying is a testament to demand still being relatively high, as it is occurring during a time when inventory is still markedly low.” in October.

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Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. The builders are in a better position to manage their inventory glut than when they were working from a credit boom in 2005 that took new home sales up to 1.4

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Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. in 2022, the weakest showing since 2014.

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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%

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Lamacchia Realty

NOVEMBER 16, 2021

Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season. September and October are usually the months with an increased number of homes on the market , and then as those homes sell or people begin taking them off the market, inventory decreases.

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Lamacchia Realty

JANUARY 27, 2023

Normal seasonality along with tight inventory and rising prices kicked 2022 off slow and just as spring hit, a time when the market usually starts to heat up, rates began their ascent which decreased buyer affordability and kept sales down. You can see in the chart below how 2022 was the lowest number of pending sales since 2014.

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Houston Properties

JULY 22, 2022

Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Additional Resources For Houston Home Sellers. The Best Houston Realtor to Sell Your Home. The combination of low inventory and high demand is great for sellers.

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Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.

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Houston Properties

JANUARY 12, 2022

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Year Built: 2014.

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Houston Properties

JULY 21, 2022

"The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. The Best Houston Realtor to Sell Your Home. Most of the current inventory is composed of single-family homes and townhomes. Table of Contents.

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Houston Properties

JULY 22, 2022

She’s the best realtor in Houston because she’s extremely knowledgeable and very candid. She is THE BEST Houston Realtor!” – Scott & Debi Gordon. The Best Houston Realtor to Sell Your Home. The Best Houston Realtor to Sell Your Home. 2020: #1 Individual Agent, Keller Williams, Texas (Top Keller Williams Realtor).

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Housing Wire

FEBRUARY 14, 2022

In July, the National Association of Realtors reported that 87% of its over 1.5 Living on commissions often means getting paid more for convincing a buyer to increase their acceptable price range or coaxing a seller to hold out for a more lucrative deal. Realogy bought ZipRealty for $166 million in 2014.

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Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. Top Ranked Realtors: Paige Martin & The Houston Properties Team. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps. 2020 ended favoring sellers. Do You Want To Buy A Home Now?

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Houston Properties

JULY 21, 2022

Contact Paige Martin , a top-ranked Houston realtor and head of the Houston Properties Team, for questions and advice about Piney Point homes for sale. "The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings.

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Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

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Will Springer Realtor

AUGUST 9, 2022

Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” 48% own homes, reflecting a steady rise since 2014. Inventories are on the rise, so much so that one area is now considered a buyer’s market.

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Will Springer Realtor

JULY 9, 2021

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. I am often asked by sellers what home projects should they address to get the highest return on investment.

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Will Springer Realtor

MAY 9, 2022

The spread between a 30-year and ARMs – in which rates can be adjusted typically after 5 or 7 years – is the widest since 2014. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. Inventories rose in the past month across the county (0.8 Some believe it can’t.

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