Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. ” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) But the housing market in the second half of 2022? over asking price. High octane stuff.

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Housing Market Marketing Real Estate Agent Real Estate 490

Housing Wire

MARCH 2, 2023

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

Real Estate Agent 364

Real Estate Agent Inventory Real Estate Agents 364

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. Kanacki said that when it came to seasonal buying, “we’re still riding the wave with 2020.” Now, believe it or not, fall home-buying season is in full swing.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. 1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses.

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Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

APRIL 30, 2021

But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on. from 2010, per a recent U.S.

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Housing Market Marketing Real Estate Real Estate Agent 541

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing.

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Real Estate Agent Real Estate Agents Marketing 395

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Have higher rates worked? Some data to consider: 1.

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Housing Market Marketing Mortgage Inventory 492

Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum. A buyer’s market in 2021?

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Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

OCTOBER 1, 2021

But for the past 12 months, the metro’s housing market has been in complete chaos. “It It is hot, hot, hot here,” Clay Winder, a real estate agent for Keller Williams Westfield , said. Since July, however, things have finally started to slow down in the Provo-Orem housing market.

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Housing Market Marketing Agents Real Estate 414

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

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Housing Market Marketing Appraisal Inventory 369

Housing Wire

JULY 25, 2023

Impact on home values and sales In the meantime, real estate agents in Florida and California are concerned that the rising homeowners’ insurance costs in their states will have a negative impact on homeownership. California home price changes based on proximity to wildfires in 2020, by percent change.

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Insurance Housing Market Marketing Agents 338

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. Despite these obvious signs of a slowing market, Redfin states that it is in line with the typical seasonal decline. In August, 58.8%

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Buyers Inventory Real Estate Agent Agents 425

Housing Wire

JULY 13, 2021

Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. metropolitan areas in this analysis, with 87% of offers written by Redfin agents facing competition in June.

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Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

NOVEMBER 12, 2020

Vacation areas and luxury housing markets aren’t the only ones benefitting from a wave of pandemic buyers : southeastern locales are also filling up. Over in Nashville, Tennessee, Troy Charlton with Century 21 Charlton Realty Company , said that single-family housing inventory this year is half as much as it was last year.

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Housing Market Marketing Inventory Realtors 354

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Other would-be disruptors have not fared so well.

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Brokerage Realty Real Estate Inventory 381

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I I have buyers that are looking, but to find a house that you love enough to pay a high price for — and to be at over a 6.5%

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Inventory Buyers Agents Real Estate 370

Housing Wire

JULY 26, 2021

That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. If a showing is to happen, buyers must make appointments with each seller auctioneer to view those homes. It’s a trusted, predictable process.

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Real Estate Agent Real Estate Sellers Legal 382

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. Builder confidence in single-family homes dropped to 83 in January from 86 in December, according to the National Association of Home Builders and Wells Fargo Housing Market Index.

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Supply Chain Inventory Housing Market Real Estate 416

Housing Wire

MAY 11, 2022

In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. To do that it relies on the two words sellers increasingly want to hear: “All cash.”

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Lending Real Estate Agent Investors Finance 368

Housing Wire

NOVEMBER 4, 2022

These factors also impacted when, where and how buyers purchased homes, according to NAR’s 2022 Profile of Home Buyers and Sellers , which also analyzed the demographic of buyers and sellers across America. Those who have housing equity hold the cards and they’ve fared very well in the current real estate market.

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Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. By the end of 2020 the organization’s membership had soared to 1.48 million members.

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Agents Real Estate Agent Real Estate Clients 367

Housing Wire

MARCH 10, 2021

Between January 2020 to January 2021, the median number of days on the market fall 50 days from the year prior in El Dorado County, California (which includes Lake Tahoe and sits near Sacramento). . “The housing market in New York City will come back, but it hasn’t come back yet,” Wile said.

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Real Estate Real Estate Agent Agents Home Value 545

Housing Wire

APRIL 5, 2021

” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. A growing number of sophisticated investors are also betting that climate change will dramatically impact the housing market.

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Buyers Real Estate Agent Real Estate Brokerage 430

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. As of Feb.

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Construction Supply Chain Inventory Agents 353

Housing Wire

DECEMBER 28, 2021

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Boise is in a full-fledged housing crash!” real estate, however, is not known for its change.

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Real Estate Realty Brokerage Realtors 440

Housing Wire

MAY 11, 2021

The San Francisco-based instant homebuyer announced a net income loss of $270 million on Tuesday, a 421 percent jump compared to the first quarter of 2020’s $62 million deficit. The Q1 2021 loss approached Opendoor’s $280 million net income loss for all of 2020. And by some secondary measurements, Opendoor is growing.

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Real Estate Agent Real Estate Brokerage Inventory 315

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business.

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Real Estate Brokerage Real Estate Agent Technology 316

Housing Wire

NOVEMBER 16, 2023

According to Reffkin, the onset of the COVID-19 pandemic, as well as the frenetic pace of the 2020, 2021, and even early 2022 housing markets, led to a reliance on technologies like Zoom, texting, email and social media for communication, leading transactions. Good times, like 2021, create bad habits.

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Real Estate Agents Buyers Clients 409

Housing Wire

SEPTEMBER 23, 2022

HW Media : What do you think will be the big themes for the housing market in 2022-2023? Many media outlets are fretting about a possible housing crash because panic gets them more clicks than reason. But the truth is that the market is moderating, not imploding. Katherine Mechling: A big one is moderation.

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Real Estate Agent Agents Real Estate Realtors 340

Cleveland Appraisal Blog

FEBRUARY 7, 2023

Taking accurate measurements yields a more precise cost When setting the asking price for a home, what is one of the most important considerations for the seller and the real estate agent? Based on the assessor’s square footage of 1,500 square feet, the listing agent promotes the property for $125 per square foot.

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Real Estate Agent Property Taxes Real Estate Appraisal 289

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

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Loan Officers Marketing Inventory Real Estate Agent 333

Housing Wire

APRIL 29, 2022

Just like Earth, mortgage rates and housing markets are cyclic and we’re heading into another Ice Age. If I believe Twitter and the charts and graphs that show 2015 trends or 2020 trends or 1982 trends, I can’t help but to ask, what if these are not an indicator of today, but the beginning of a new normal?

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Mortgage Real Estate Agent Technology Inventory 370

Miller Samuel

MARCH 18, 2020

Since the 2020 DJIA peak of February 12, 2020, of 29,551.42, the market has fallen 28.13% to 21,237.88 However, all of these housing-related workers such as appraisers and agents, are starting to see that market conditions do not include the gift that it will be "business as usual."

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Real Estate Agent Real Estate Agents Open Houses 221

Housing Wire

SEPTEMBER 20, 2021

This is a strategic move as some of the hottest housing markets in the country are currently located in Nevada, California and Arizona. The mortgage insurance and real estate services company first introduced titlegenius in Florida this past May.

Insurance 288

Insurance Brokerage Real Estate Technology 288

Housing Wire

APRIL 22, 2022

Starting May 25, “several hundred” real estate agents in the Raleigh, North Carolina and Denver metro areas will no longer have access to Premier Agent , thanks to major changes coming to Zillow ’s lead generating platform. billion in revenue, more than double the revenue it saw in 2020.

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Agents Real Estate Agent Real Estate Buyers 370

Housing Wire

MARCH 6, 2023

The lack of inventory makes business even more difficult for loan officers, whose real estate agent referral partners simply don’t have many buyers ready to pull the trigger. While there are indications that a housing market correction is underway, the median existing-home sales price rose 1.3%

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Loan Officers Inventory Real Estate Agent Buyers 364

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. In combination with low housing inventory and labor shortages, that drove up selling prices. real estate market is hot.

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Housing Market Marketing Inventory Real Estate 78