Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. So for now, the builders will take their time with the homes under construction and make sure they offer enough incentives to unload the new home supply they’re dealing with.

Construction 369

Construction Housing Market Sellers Marketing 369

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. Kelly joined the 2021 Lamacchia Realty President’s Club for the first time !

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

DECEMBER 29, 2021

In 2020, Cabellero reported 6,409 transaction sides — or 18 home sales a day — for a deal volume of $2.2 Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. What builders don’t need is a realtor to list their homes in a traditional way.

Realtors 302

Realtors Real Estate Agent Agents Real Estate 302

Annarbor Appraisal

FEBRUARY 26, 2021

This information is from the Ann Arbor Area Board of Realtors MLS run on a monthly basis, and includes all the Ann Arbor school district, single family detached housing only, no new construction or to be built, no condominium units. A bit of color in some charts for your reading pleasure. Each has a small blurb before the chart.

Realtors 78

Realtors Contracts Construction Marketing 78

DataMaster

JANUARY 15, 2021

Everyone agrees that 2020 was a highly unusual year in many ways. While we have no crystal ball, we will examine 2020’s real estate and make a foray into predicting what 2021 will do. Will appraising in 2021 be better or worse than in 2020? National Housing Prices in 2020. Housing prices in 2020 skyrocketed.

Appraisal 147

Appraisal Construction Business Real Estate 147

Housing Wire

JANUARY 13, 2023

National real estate brokerage platform Redfin reports that investor home purchases dropped more than 30% year over year in the third-quarter of 2022, which is “the largest decline since the Great Recession, aside from the second quarter of 2020,” at the height of the pandemic. trillion — down by 15% compared with 2022. “We

Marketing 399

Marketing Investing Investors Landlords 399

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. million mortgages in Q2, a 3% drop from Q1, marking the first time since early 2020 that the total number of home mortgages decreased. in existing-home sales April 2020-March 2021. The index hit an all-time high of 90 in November 2020.

Construction 36

Construction Inventory Buyers Real Estate 36

Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. What Fannie Says About 3d Printed Homes in Announcement SEL-2023-08September 6, 20233D printed homes are an innovative building technique that brings efficiency and potential cost savings to new home construction.

Appraisal 80

Appraisal Contracts Business Construction 80

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Figures from the Ohio REALTORS® Housing Market Report reveal that Ohio home sales reached historical levels in May 2022. Reports have revealed a strong land market. Homes sales reached 14,210 in May 2022, a 1.8% land market.

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

APRIL 14, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Contracts 36

Contracts Buyers Housing Market Design 36

Houston Properties

JANUARY 13, 2021

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. Top Ranked Realtors: Paige Martin & The Houston Properties Team. 2020 was the best year in American history for personal income. So, what did they do?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Best Houston Realtors: Paige Martin & The Houston Properties Team. "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data. Sale #3: 2020.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Lamacchia Realty

DECEMBER 28, 2021

In fact, our REALTORS had multiple properties that had over 30 offers! Here is why: We are heading into 2022 with lower inventory than a year ago at the end of 2020. 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. But not in 2021.

Sellers 74

Sellers Inventory Buyers Realtors 74

Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs. A total of 28,393 homes were sold in King County in 2022 (excluding new construction sales). I hope you enjoy reading this monthly report. on the Eastside ($1.1M).

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Listing Spark

SEPTEMBER 25, 2023

Markets like Austin, which experienced the most substantial surge in values between 2020 and 2021, have seen the most significant increases in months’ supply of inventory and days on market. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Quicken Loans

JULY 8, 2021

The median price of an existing home according to the National Association of REALTORS ® was $350,300 in May. above where prices were in May 2020. Starts of construction on new homes are up 50.3% This may point to a slowdown in remodeling or construction of homes. New Residential Construction. Housing Market Index.

Real Estate 57

Real Estate Marketing Construction Retail 57

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Many residents struggle to find and keep a home that they can afford, accentuated by soaring housing prices since the start of the pandemic in 2020. shy of the need.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

JANUARY 7, 2022

You have likely read about it here : Archaic zoning policies that prohibit density in most of King County, high fixed costs to build homes and labor shortages in the construction sector all contribute to a limited supply for thousands of eager buyers. This is not the only shortage to affect the construction business.

Construction 36

Construction Real Estate Inventory Buyers 36

Will Springer Realtor

APRIL 11, 2022

That’s what the people behind The Emerald condo did when it opened in 2020. The median price of a single-family home in King County was $720,400 in March 2020; it is now $930,000, or 29% higher. The accompanying chart shows where Seattle metro compares to other cities over the period between March 2020 and January 2022.

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. based on 2020 data from the U.S. million sq.

Architecture 36

Architecture Design Buyers Construction 36

Appraisal Today

MAY 5, 2023

= Grassroots Lobbying 101: How Appraisers Can Effect Change By Isaac Peck, WorkingRE Excerpts: The appraisal profession is relatively small, and its political influence is modest—especially when compared with organizations like the National Association of Realtors (NAR) and the National Association of Home Builders (NAHB). percent from 0.4

Appraisal 52

Appraisal Contracts Architecture Law 52

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. About half of all homes within the twin-tower community have buyers under contract. Interested in learning more? A warm, welcoming space in search of new owners.

Real Estate 36

Real Estate Buyers Sellers Insurance 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. For comparison, the three counties combined ended the 2020 calendar year with a 0.5% HOUSING FOR ALL.

Buyers 36

Buyers Development Transportation Inventory 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% New Residential Construction. over the same period.

Real Estate 38

Real Estate Marketing Construction Clients 38

Will Springer Realtor

DECEMBER 13, 2022

Contributing to improving the mood should be the anticipated 900,000 or so two-unit-plus housing under construction across our country that will start to come online in 2023. In his estimate: “Homebuilding’s going to contract.”. Locally, permits for single- and multi-family home construction are down about 20% from this time last year.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

JANUARY 9, 2024

The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. and nearly 90% enjoy rates below 6.0%.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

JUNE 8, 2022

They include shortages caused by restrictive zoning that limit the number and type of housing units built on a given parcel, a “not in my backyard” resistance to new construction in traditionally single-family-home neighborhoods, and layers of regulations, processes and fees that dissuade developers from building in certain areas.

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. They have declined for two consecutive months, according to the National Association of Realtors®. The median price in the West was $493,300, up 17% from March 2020. >>

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

DECEMBER 19, 2023

More than 75% of homes on the market are deemed too expensive for middle-class buyers, according to a study from the National Association of Realtors® (NAR) and realtor.com. County economists forecast a 2024 decline in new construction, slipping to $9.9B Affordability kept consumers in their current residences. for all of 2024.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JUNE 9, 2021

Some smaller construction companies are heavily burdened by rising costs for everything from lumber and steel to fuel and labor amid a lack of available employees. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise. BY THE NUMBERS. >>

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

AUGUST 9, 2022

percentage points over the 58 cumulative months of a recession between 1980 and 2020: Average 30-year mortgage rates stood at 5.3% 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.” year-on-year (YoY).

Inventory 36

Inventory Buyers New Listings Construction 36