Housing Wire

MAY 14, 2024

In March, first-time buyers were responsible for 32% of sales, up from 26% in February and 28% a year prior, according to data from the National Association of Realtors. In addition to making buyers more prudent in their purchases, local real estate professionals also say interest rates are to blame for the area’s lack of inventory.

Buyers 355

Buyers Inventory Landlords Real Estate 355

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. In November of 2019 the number of single-family homes for sale was at 6,000. The real estate market As of Jan. 19, down from 54.79% on Nov.

Housing Market 382

Housing Market Marketing Logistics Real Estate 382

Housing Wire

APRIL 25, 2024

Altos considers anything above a 30 to be a seller’s market. Cincinnati is a great place to live,” said Julie Back , the executive sales vice president of Sibcy Cline Realtors. I think a lot of it has to do with there are just fewer houses available,” said Mark Meinhardt, a senior vice president at Sibcy Cline Realtors.

Buyers 371

Buyers Marketing Inventory Investors 371

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

Inventory 314

Inventory Marketing Business Buyers 314

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. The report attributes this decrease to the normal seasonal slowdown, causing the shortage of inventory to slow as well. million and 1.92

Buyers 424

Buyers Inventory Real Estate Agent Agents 424

Housing Wire

JULY 13, 2021

Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. In 2018-2019, total housing inventory was in the range between 1.52 million, and that level of inventory helped to drive real home-price growth in 2019 into negative territory briefly. million and 1.92 million to 5.61

Inventory 493

Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. Lautz said she is not surprised by the record -ow number of first-time buyers, attributing the reasons to housing affordability, high home prices, rising interest rates and lack of home inventory.

Buyers 335

Buyers Sellers Real Estate Agent Real Estate 335

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million to 1.28

Inventory 435

Inventory Housing Market New Listings Mortgage 435

Housing Wire

JULY 20, 2022

But, there is one bright spot — inventory is rising. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. The one positive: Inventory is rising. Once total inventory levels reach 1.52-1.93

Inventory 505

Inventory Housing Market Marketing Realtors 505

Housing Wire

AUGUST 27, 2020

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. million, a 1.1%

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

FEBRUARY 19, 2021

Lawrence Yun, chief economist for the National Association of Realtors , said last month that he expected momentum to carry over from the end of 2020. from 2019 and the most since before the Great Recession. Sales easily could have been even 20% higher if there had been more inventory and more choices,” Yun said.

Inventory 542

Inventory Sellers Real Estate Buyers 542

Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers.

Housing Market 397

Housing Market Realtors Buyers Inventory 397

Housing Wire

JUNE 21, 2022

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened.

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. Literally, we’re right back to being a seller’s market again.” So more realtors in the area have started working with us. We’ve been advising them how to use it with the sellers.

Marketing 346

Marketing Inventory Loan Officers Buyers 346

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. from December 2019, with all regions (Northeast, Midwest, South, West) reaching double-digit year-over-year increases. . pending home sales dipped to the tune of 0.3% in December following a 2.6% However, contract signings rose 21.4%

Contracts 529

Contracts Real Estate Housing Market Technology 529

Housing Wire

DECEMBER 28, 2021

real estate in 2022 may see challenges to its biggest enterprises, including the National Association of Realtors and Zillow , and shifting adjustments to how work is done amid the coronavirus pandemic. million homes sold at the end of September, according to National Association of Realtors data. on pace for 6.29 July was the plateau.

Real Estate 439

Real Estate Realty Brokerage Realtors 439

Housing Wire

NOVEMBER 12, 2020

Homes are “singing out the door about as fast as they come on the market,” in Little Rock, Arkansas, according to Melissa Bond, a Realtor at United Real Estate – Central Arkansas. According to the Little Rock Realtors Association in Arkansas, listing count is down 40.5% months’ worth of inventory, down 53.5%

Housing Market 353

Housing Market Marketing Inventory Realtors 353

Housing Wire

JULY 24, 2023

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 Inventory There are now 479,000 single-family homes on the market across the U.S. Each year, housing inventory typically peaks in the third quarter. Balanced between buyers and sellers.

Inventory 282

Inventory Contracts New Listings Buyers 282

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 million , so every single existing home sales print in 2021 has been higher than what we closed in 2020 — which was higher than any single year from 2008 to 2019. This number is above my sales trend peak of 6.2 million and 6.2

Inventory 453

Inventory Housing Market Investors Marketing 453

Cleveland Appraisal Blog

JANUARY 5, 2023

While we still have a significant shortage of housing inventory in Cuyahoga County, we had more active listings last month than we had in December 2020 and 2021. Sellers are starting to realize that we are no longer in the same market as we were in 2020-2022. How much of their list price can sellers expect to see in future months?

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Robinson Appraisal Group

JULY 17, 2023

The low inventory of available homes combined with high interest rates has made it difficult for potential buyers to find an affordable home in the area. Harford County homes for sale are down 19.2%, Baltimore County inventory is down 30.2% So, why is the inventory amount for houses on the market so low??

Inventory 141

Inventory Landlords Real Estate Realtors 141

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move. million in September 2021).

Housing Market 281

Housing Market Inventory New Listings Mortgage 281

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Empire Appraisal Group

JANUARY 4, 2023

Florida Realtors. Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. NEW YORK – The U.S.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Lamacchia Realty

AUGUST 26, 2021

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Sellers still have the upper hand in this market as inventory is still a tight commodity with the increase in sales. Buyers are willing to pay what sellers want as the number of price changes is down year over year.

Inventory 67

Inventory Sellers Buyers Real Estate 67

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would. It means they’re down.

Bracketing 65

Bracketing Marketing Sellers Buyers 65

Empire Appraisal Group

FEBRUARY 25, 2021

Lots of Good Reasons | Florida Realtors. NEW YORK – Housing market inventory remains tight as homeowners hold onto their homes longer. years in 2019 – but well ahead of 2010’s reading of 8.7 years in 2019 – but well ahead of 2010’s reading of 8.7 Source: Why Aren’t Homeowners Selling? In 2010, owners stayed for 8.7

Realtors 60

Realtors Inventory Real Estate Sellers 60

Lamacchia Realty

JUNE 21, 2022

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. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. However, we are missing the typical boost of sellers. Inventory stood at 1.3

Marketing 60

Marketing Inventory Buyers Sellers 60

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.

Inventory 69

Inventory Buyers Sellers Realty 69

D Fritz Appraisals

JULY 15, 2020

With realtors also self-isolating and avoiding in-person meetings, the market in the Victoria Real Estate (VREB) region was uncharacteristically quiet during what would normally be peak season. Competitive/ multiple offers have also become common due to limited inventory. percent compared to April 2019. Condo sales are down 3.2%

Real Estate 148

Real Estate Valuation Inventory Insurance 148

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. sellers and buyers) began to restore itself. Sales Down 18.8% and Prices Up by 5.9%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Lamacchia Realty

DECEMBER 28, 2021

The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. In fact, our REALTORS had multiple properties that had over 30 offers! Even though the inventory of homes for sale at any given time all year stayed lower than ever, it did not decrease sales overall.

Sellers 74

Sellers Inventory Buyers Realtors 74

Lamacchia Realty

SEPTEMBER 13, 2022

These days, buyers have access to the same information as REALTORS and are not fooled by an overpriced home; they will typically steer away from it if they believe the price is too high. 2) Under Agreement Date of Sold Properties This is as important as #1 but it is often overlooked by home sellers and agents.

Inventory 73

Inventory Sellers Agents Buyers 73

Lamacchia Realty

JUNE 10, 2022

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.

Marketing 62

Marketing Sellers Buyers Inventory 62

Lamacchia Realty

FEBRUARY 22, 2022

The 2021 Massachusetts Year in Review Housing Report breaks down average prices, sales, inventory, new active listings, and pending sales for 2021 compared to 2020 and illustrates what that means for the current market. Take a look at the chart below which depicts home sales monthly from 2019 to 2021. Inventory of Homes for Sale.

Inventory 51

Inventory Sellers Buyers Real Estate 51

Empire Appraisal Group

SEPTEMBER 14, 2023

Elevated mortgage rates discourage potential home sellers, who are staying put to keep their relatively low mortgage rates. As a result, inventory dropped so low that buyers still in the market are competing for those few homes that are for sale. In June 2019, just over 4% of homes were valued at $1 million or more.

Luxury Properties 78

Luxury Properties Buyers Realtors Inventory 78