Remove 2019 Remove Contracts Remove Inventory Remove Open Houses
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Mortgage rates are the highest they’ve been this year. Did loan officers expect this?

Housing Wire

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. All those guys weren’t doing that much volume in 2019,” Clark noted. economy remains hot. For comparison, lenders funded $2.4

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HousingStack Phase 4: Lead conversion

Housing Wire

The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. Specifically, I’m talking about listing agreements and sales contracts. The first is listing tools – the products designed for you to convert potential sellers into listing contracts.

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How to Take Advantage of the Cooler Summer Market

Lamacchia Realty

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. This will continue throughout the year and the number of homes will continue to increase and climb above 2021, 2020, and rise to about 2019, before-COVID levels.

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Price Adjustments in this New Housing Market

Lamacchia Realty

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. That’s because fewer homes are being placed under contract. Price adjustments/decreases were up across the country in May.

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6 Reasons Why Now Is a Great Time to Sell Your Houston Home

Houston Properties

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Hot housing markets don’t last forever, here are six reasons why now is a great time to sell a Houston home: 1. The combination of low inventory and high demand is great for sellers. Houston has 3.7 year-over-year.

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Economic Turbulence Prompts Seattle Area Market Concern vs. Year Ago

Will Springer Realtor

Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers. The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Condo inventory stands at 1.7

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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

From horror movie-esque semi-abandoned homes for rent to home decor that overshot “unique”, the owners and agents behind these funny ads thought things were perfect just as they were for their photos and open houses. Spiking housing supply & fewer buyers. We’ve seen a massive change in housing inventory.