Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . I am a big fan of inventory to 2019 levels.

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Inventory Housing Market New Listings Mortgage 434

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. year over year.

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Inventory Realtors Contracts Construction 382

Housing Wire

OCTOBER 28, 2021

in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. An index level of 100 is equal to the level of contract activity in 2001. While market activity is lower than a year ago, the pending home sales index is still up 7% than September 2019. in 2022.

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Inventory Renovations Contracts Buyers 413

Housing Wire

DECEMBER 10, 2020

At the National Association of Realtors Real Estate Forecast Summit on Thursday, NAR’S Chief Economist Lawrence Yun explained that although many are working from home now, he doesn’t expect that change to be permanent. “I In 2019] only 6% worked from home.”. So what was going to happen with so many people losing jobs?

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Real Estate Realtors Housing Market Contracts 474

Lamacchia Realty

APRIL 6, 2022

has released their “Top Producing REALTORS®,” for March 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Most recently, Shauna was named in the Boston Agent Magazine’s Who’s Who 2022 edition !

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Realtors Realty Real Estate Agents 69

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Top Ranked Realtors: Paige Martin & The Houston Properties Team. I May Need To Sell.

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Housing Market Marketing Real Estate Realtors 68

Lamacchia Realty

JUNE 21, 2022

That’s because fewer homes are being placed under contract. 2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. The 2022 trend line is likely to mirror that of 2019, albeit at a lower scale, but with peaks in June and later in the fall. How do you know your house is overpriced?

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Housing Market Bracketing Marketing Sellers 65

Housing Wire

MARCH 3, 2022

“People used to talk about Compass all the time,” said Jonathan Miller, a real estate appraiser at Miller Samuel , who compiles housing market reports for Douglas Elliman , a Compass rival. billion valuation in 2019, is a stale subject , that’s a shame because now anyone can become a Compass expert. billion and flying to a $6.4

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Brokerage Agents Real Estate Law 325

Will Springer Realtor

JULY 12, 2022

Lawrence Yun, chief economist for the National Association of Realtors®, believes mortgage rates “may stabilize at 6% or 6.25%.” Currently, homes under contract (Pending sales) are down 19% YtD across King and by 20% for single-family homes, including down 36% in the combined neighborhoods of Magnolia and Queen Anne.

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Housing Market Marketing Buyers Contracts 41

Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Not really sure.”.

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Housing Market Marketing Inventory HOA 36

Will Springer Realtor

JUNE 9, 2021

Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 market during the pandemic – and there is great anticipation for strong demand. >> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up.

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Houston Properties

JULY 22, 2022

months of single-family homes for sale — the lowest amount on the market than at any time in the last 14 years. My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Read more about my custom marketing plans ). "I The Best Houston Realtor to Sell Your Home.

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Real Estate Agent Real Estate Realtors Agents 36

Chicagoland Appraisal Blog

JULY 13, 2017

What are realtors doing beforehand? How often do realtors attend home appraisals? You see realtors have information the paints the picture of current market conditions. You see realtors have information the paints the picture of current market conditions. Realtors should attend EVERY home appraisal.

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Appraisal Marketing Realtors Real Estate 78

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. More on this in a moment.)

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Marketing Inventory Buyers Sellers 60

Empire Appraisal Group

JANUARY 11, 2023

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, economists predicted Tuesday during the National Association of REALTORS®’ annual Real Estate Forecast Summit. NAHB: Sharp Contraction in Construction. Bright MLS: The Great Reset. “We

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Real Estate Marketing Buyers Sellers 78

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. Homes Pending (contract accepted) There were 20.2% Sales Down 18.8%

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Inventory Sellers Buyers Real Estate 52

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. For the broad Houston real estate market, all major indicators point to growth during the year.

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Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

AUGUST 18, 2023

As you may have heard, a cyberattack has shut down Rapattoni, a property data provider, leaving realtors and appraisers in 12 states without access to MLS data. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.16 million price tag. percent from 7.09

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Appraisal Contracts Inspection Real Estate 75

Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. In fact, our REALTORS had multiple properties that had over 30 offers! If they aren’t in a rush to sell they don’t care when a REALTOR tells them they can list and show their home in a safe manner. 2021 Recap. But not in 2021.

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Sellers Inventory Buyers Realtors 74

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market. (A King ranked No.

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Real Estate Buyers Sellers Insurance 36

Cornerstone

MAY 4, 2021

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. There aren’t enough houses to meet buyer demand.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Scary, indeed, but are these signs of a pending housing recession? times more than at the end of 2019.

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Finance Inventory Construction Buyers 68

Listing Spark

SEPTEMBER 25, 2023

The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. Here are five of the biggest change in the Texas Real Estate market. At least, not yet. YOY) Pending Sales: 7,842 (increase of 2.2%

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Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

FEBRUARY 22, 2022

Take a look at the chart below which depicts home sales monthly from 2019 to 2021. Monthly prices are illustrated in the chart below comparing 2019 to 2021. Pending Home Sales (contracts accepted). Single family sales increased by 1.1% to 61,977, condos increased by 17.7% to 28,351, and multifamily sales rose by 32.1%

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Inventory Sellers Buyers Real Estate 51

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. About three-quarters of the 459 residences are under contract with a target opening late this year.

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HOA Transportation Construction Buyers 36

Quicken Loans

JUNE 10, 2021

According to the latest report from the National Association of REALTORS ® , existing home sales were down 2.7% Meanwhile, the number of new construction homes sold according to the Census Bureau and the Department of Housing and Urban Development was down 5.9% On the new home sales side, there were 863,000 houses sold in April.

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Real Estate Marketing Construction Clients 38

Will Springer Realtor

MAY 9, 2022

It has also set its sights on rezoning portions of the city to increase housing density. Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Microsoft has committed $750M since 2019 to help support the creation of more affordable homes in Seattle metro.

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Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. In his estimate: “Homebuilding’s going to contract.”. in the first half of 2022.

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Real Estate Buyers Construction Sellers 36

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” but “When.”.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

APRIL 11, 2022

The spring housing market will include a trio of indicators – all rising. The costs of buying the same home this year compared to just one year ago have risen by 40% from a combined impact of higher home prices and soaring mortgage rates, according to Lawrence Yun, chief economist for the National Association of Realtors® (NAR).

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Construction Development Inventory Buyers 36

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. HOUSING FOR ALL. increase in single-family permits over 2019. >> JULY HOUSING UPDATE.

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The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Low mortgage rates and an inventory crunch (limited supply) fuel the US housing market fire. If it seems as if you’re over-leveraged you won’t get the loan.

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Real Estate Retail Investing Tenants 78

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Icon is on a mission to change the way we house the homeless and others. housing market needs 3.8

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

The aim is to generate more multi-family housing, from duplexes to fourplexes. The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. For our housing market, it’s time to have that talk. home buyers.

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Buyers Law Inventory Development 36