Lamacchia Realty

MARCH 24, 2022

This rapid increase is akin to a rate spike in 1994, however, the last time we saw 4.72% was in November of 2018. What does this mean for buyers? What does this mean for sellers? The impact may eventually diminish rising list prices as sellers become aware of buyers’ predicament with current rates. Buyer Resources.

Mortgage 64

Mortgage Sellers Buyers Realty 64

Housing Wire

APRIL 4, 2023

Jot’s proprietary technology matches home buyers and sellers with a qualified notary for their transaction and makes it easy for notaries to accept assignments that fit within their schedule, while providing the tools to successfully manage their business and access to professional development resources.”

Tools 370

Tools Sellers Real Estate Technology 370

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Many of us are in sellers’ markets with very low inventory.

Real Estate 440

Real Estate Open Houses Brokerage Real Estate Agent 440

Housing Wire

MARCH 28, 2024

Thanks to the efficiencies baked into the construction processes of manufactured homes, these factory-built houses are both faster and less expensive to build than site-built homes, saving buyers between $50,000 to $100,000 per unit. Yet tough credit standards are only one of several reasons the demand for home-only loans is not being met.

Business 450

Business Finance Buyers Lending 450

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. Mortgage rates followed suit, walloping buyers’ purchasing power. since the fourth quarter of 2018. New data from the U.S.

Inventory 432

Inventory Sellers Mortgage Marketing 432

Housing Wire

OCTOBER 30, 2020

“Redfin redlines communities of color in this digital age by setting minimum home listing prices in each housing market on its website under which it will not offer any real estate brokerage services to buyers or sellers,” the lawsuit states. These minimum price limits serve no legitimate purpose.

Brokerage 545

Brokerage Sellers Buyers Agents 545

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.

Agents 432

Agents Training Real Estate Real Estate Agent 432

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 421

Property Management Real Estate Agents Brokerage 421

Housing Wire

OCTOBER 14, 2020

Since 2018, the NAR en Español initiative has helped Spanish-speaking Realtors leverage networking and additional sources, the association said. Last summer, NAR en Español hosted over 300 students from 15 countries for two virtual, accredited buyer representative and seller representative specialist courses, which were held in Spanish.

Realtors 450

Realtors Real Estate Sellers Development 450

Housing Wire

JULY 13, 2021

But recently, we’ve started to see buyers get cold feet. Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. The market is still competitive, but buyers are more trepidatious than they were at the start of 2021, and less willing to pull out every stop in order to win.”

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. from September to October this year, which Homesnap said is significantly higher than the same figure in 2018 and 2019.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

FEBRUARY 6, 2023

Prior to the pandemic, buyers paid closer to 0.5 points on average, with a corresponding cost of about $1,500, in 2018 through 2020. “On While buyers seem to be returning to the market early in 2023, purchase loans locked in January are still off by 13% compared to the 2018 and 2019 pre-pandemic levels.

Inventory 384

Inventory Mortgage New Listings Home Value 384

Housing Wire

OCTOBER 21, 2021

Endpoint , a platform that provides buyers, sellers and agents with a completely digital way to close on properties, announced Tuesday that it has secured an additional $150 million in funding. Since its founding in 2018, Endpoint has raised $220 million in capital.

Real Estate 397

Real Estate Investing Development Design 397

Housing Wire

JANUARY 28, 2021

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Today, both sellers and buyers expect to handle a majority of the process online. Presented by: 1 Percent Lists.

Landlords 466

Landlords Tenants Law Legal 466

Housing Wire

MARCH 25, 2021

“During the course of the pandemic, ‘home’ had become more important than ever, and as a result, strong purchase demand continues—but buyers also outnumber the sellers,” Khater said. New home sales, which are more likely to be affected by rising rates, plummeted 18.2% month-over-month.

Mortgage 543

Mortgage Construction Realtors Inventory 543

Housing Wire

MARCH 6, 2023

Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place. 25, purchase lock counts were 21% below the same week in 2019, and 30% below the levels during the same week in 2018. As of the week ending Feb.

Housing Market 397

Housing Market Marketing Inventory Sellers 397

Housing Wire

MAY 10, 2022

More inventory is both the consequence and cause of a more balanced housing market: More choice for home shoppers limits the number of buyers bidding on each home, and the added competition lights a competitive fire under sellers and their listing agents to make their homes shine, including by pricing it competitively.

Inventory 397

Inventory Housing Market Construction Sellers 397

Housing Wire

FEBRUARY 25, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. Zillow Offers, meanwhile, came into focus in 2018 when Rich Barton stepped back into the CEO chair.

Real Estate Agent 397

Real Estate Agent Home Value Real Estate Loan Officers 397

Housing Wire

NOVEMBER 9, 2022

We saw this happen in 2013-2014 and 2018-2019. NAR total inventory data 1,250,000 One thing about purchase application data and demand is that a traditional seller is typically a buyer of a home. This time around, we have not seen the kind of housing credit boom that we did from 2002-2005. This means less demand for housing.

New Listings 496

New Listings Inventory Housing Market Sellers 496

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. In 2018, sales trends fell from 5.72 They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. The downside of rates moving up so quickly is that some sellers pull the plug until rates are better. million to 5.12

Mortgage 504

Mortgage Inventory Sellers Housing Market 504

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. This doesn’t mean homebuyers don’t have something of an edge now: As inventory has increased and buying power has faded, the buyers who are available are dealing with a lot less competition as the bidding wars are ending. million today.

Sellers 504

Sellers Inventory Housing Market New Listings 504

Housing Wire

FEBRUARY 8, 2024

Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Janet and Robert Sherman brought their skill sets together in 2018 and formed a team to offer exceptional service to the Sarasota lifestyle.

Real Estate Agent 410

Real Estate Agent Real Estate Agents Clients 410

Housing Wire

MAY 6, 2021

Created in 2004 by Barr Haney and Whitney Potter, OWN Marin generated $381 million in 2020 sales volume, the agent team reported, on 153 deal sides, meaning that the median home in which they represented seller or buyer was priced at $2.8

Brokerage 370

Brokerage Agents Legal Valuation 370

Housing Wire

SEPTEMBER 30, 2020

The acquisition will make Howard Hanna Real Estate Services the largest home-seller in New York, Pennsylvania, North Carolina and South Carolina, Howard “Hoddy” Hanna III, chairman of Howard Hanna Real Estate Services, told the Pittsburgh Post-Gazette.

Realty 410

Realty Brokerage Real Estate Sellers 410

Lamacchia Realty

DECEMBER 28, 2023

Deanna has been a member of this club every year since its inception, having qualified in 2017, 2018 , 2019 , 2020 , 2021 , and 2022. Members of the 2017 and 2018 President’s Club, along with a portion of the Leadership Team and the Employee of the Year, flew to Hotel Riu Palace Antillas in Aruba  in  2018 and 2019 , respectively.

Realty 74

Realty Sellers Buyers Real Estate 74

Housing Wire

MARCH 13, 2024

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 Last year alone, NOAA data shows there were 28 $1 billion weather and climate events in the U.S.

Real Estate Agent 458

Real Estate Agent Insurance Real Estate Agents 458

Appraisal Buzz

JULY 18, 2022

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. This is a trend that leads me – and many others – to believe that we are quickly transitioning into a renter economy – much like the United Kingdom where their homeowner has fallen from 71% in 2003 to 63% in 2018. [2]

Sellers 435

Sellers Marketing Market Value Home Value 435

Housing Wire

MARCH 16, 2022

percent, the first time the FOMC has changed the federal funds rate in two years, and the first rate hike since March 2018. for the next year – will force some would-be buyers out of the purchase market, other factors appear more important. The FOMC, as was predicted, raised the federal funds rate by 25 basis points to 0.25-0.50

Inventory 441

Inventory Design Mortgage Buyers 441

Housing Wire

OCTOBER 2, 2022

platform, which was launched in 2018. For example, one core protection of title insurance is that it protects against fraud or forgery related to the property rights purchased by the buyer. Ishbia also announced the roll out of UClose 3.0, an enhanced version of UWM’s UClose 2.0

Insurance 306

Insurance Legal Buyers Real Estate 306

Miller Samuel

FEBRUARY 12, 2019

The number of units sold in Manhattan in 2018 was down by more than 14 percent compared to the previous year. In 2018 the discount was 5.2%. In ’09, Miller said sellers were anchored to the “pre-Lehman, pre-financial crisis asking prices” and had to travel farther on price to meet a buyer. That process can take time. “If

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

APRIL 4, 2022

That was the highest reading since December 2018, the report said. With the housing market still red-hot and inventory at a crisis level , borrowers with cash and conventional almost always win out with sellers. And FHA borrowers on average locked rates at 4.9% on Friday, according to Black Knight’s Optimal Blue OBMMI.

Insurance 370

Insurance Loan Officers Sellers Mortgage 370

Housing Wire

SEPTEMBER 25, 2020

OJO Labs has launched the OJO Select Network, an agent referral program that matches top performing agents with ready homebuyers or sellers based on an understanding of the agent’s skill set and the consumer’s needs. Last October, OJO Labs also acquired real estate software platform RealSavvy , and WolfNet Technologies in October 2018.

Agents 332

Agents Real Estate Sellers Technology 332

Housing Wire

SEPTEMBER 9, 2020

The partnership between venture-backed Notarize and RTG began in 2018 (with Realogy also investing in Notarize), but business picked up markedly since the pandemic struck in March.

Insurance 397

Insurance Legal Brokerage Agents 397

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. In 2018, Zillow and Redfin joined the fray with their own iBuying business segments.

Marketing 421

Marketing Inventory Renovations Investors 421

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.

Inventory 473

Inventory Marketing Housing Market New Listings 473

Lamacchia Realty

MAY 6, 2024

Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. An attorney offers valuable protection and knowledge for you as a buyer. The attorney will advocate on your behalf as a buyer to include the most favorable terms to protect you.

Real Estate 71

Real Estate Legal Law Contracts 71

Housing Wire

JANUARY 31, 2022

For your average Joe or Jane buyer, this level of privacy protection may seem a bit excessive, but Nourmand says that these types of precautions are pretty standard when dealing with high-profile clients. The sellers that Arrington bought the home from, purchased the home in November 2018 for $10.4

Agents 370

Agents Real Estate Real Estate Agent Realty 370