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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

Insurance 363
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Will existing home sales climb at all this year?

Housing Wire

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. Homes typically take 30-45 days in contract.

Inventory 285
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11 real estate social media marketing strategies that actually work

Housing Wire

PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts. All created by Realtors, for Realtors. Visit Coffee & Contracts 3. As a Realtor, you have endless opportunities for content creation.

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King County Housing Market Stumbles to 2022 Finish Line

Will Springer Realtor

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Will Springer, Realtor®. publishers of The Wall Street Journal, where he was an assistant managing editor of WSJ.com in New York.

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IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

More than 90% of builders in May reported shortages of appliances, framing lumber and other wood products: To address rising costs, some 47% of builders surveyed this spring say they are including price-escalation clauses in their sales contracts to avoid a deeper hit on their bottom lines. That leaves about 2.1 reading last year.

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

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.” An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. year-on-year (YoY). Will prices continue to fall?

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HOME BUYERS FACING ‘TRIPLE-WHAMMY’ EFFECT

Will Springer Realtor

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. That includes 7% down from first-time buyers and 17% on average by repeat buyers, according to data from the National Association of Realtors® (NAR). home buyers. It’s a 3-bed, 2.75-bath

Buyers 36