Housing Wire

APRIL 5, 2024

While the San Francisco-Oakland-Fremont housing market may be decently hot, local real estate agents feel that it could be hotter. There has been a little bit of a downturn, it was a little bit frothier earlier in the year,” said Andrea Gordon , an Oakland-based Compass agent.

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Housing Market Marketing Inventory Agents 375

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often. “I

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Agents Real Estate Agent Brokerage Real Estate 388

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

Housing Market 391

Housing Market Buyers Agents Marketing 391

Housing Wire

APRIL 12, 2024

After heating up like the rest of the country, the Louisiana housing market has continued to cool since interest rates began to rise in the second half of 2022. We have an insurance problem,” said Charlotte Johnson , a Keller Williams agent based in Mandeville. From 2022 to 2023 alone, rates jumped 21.2%.

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Insurance Housing Market Marketing Agents 380

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.

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Inventory Marketing Business Buyers 317

Housing Wire

DECEMBER 2, 2021

What they can’t do is create more inventory to sell them. As we move into 2022, purchase money mortgage loan business will be the only avenue for growth. Traditionally, this business has been influenced and largely controlled by real estate agents, but that business is changing, too. Or can they?

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Real Estate Government Business Real Estate Agent 432

Housing Wire

SEPTEMBER 15, 2023

in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada. That rate is up from 14.3% The median U.S. This price was 2.8%

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Buyers Mortgage New Listings Real Estate Agent 390

Housing Wire

MARCH 27, 2024

Those advantages, coupled with cheap land, made the city a favorite for homebuilders like DR Horton and Lennar that brought plenty of new inventory to market. Listings jumped at both the state and city levels in 2021 and 2022. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.

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Brokerage Realty Real Estate Inventory 381

Housing Wire

MAY 4, 2023

The company’s GAAP net loss in Q1 was $411 million, a decline from 2022 Q4’s $493 million. He also acknowledged that low inventory and poor housing affordability still present challenges. decline from $19 billion in Q4 2022. The first quarter production also represents a whopping 67% drop compared to the same period in 2022.

Real Estate Agent 372

Real Estate Agent Clients Mortgage Inventory 372

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. While some agents choose to handwrite these, it can be time-consuming.

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Real Estate Open Houses Brokerage Real Estate Agent 334

Cleveland Appraisal Blog

MAY 18, 2023

I was talking to a real estate agent recently who said that her sellers are scared about a significant downturn in the market and missing out on the higher values. In April, we are at the same level of total active listings that we have seen in 2021 & 2022. Both fears are understandable. It’s beautiful.

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Inventory Real Estate Agent Appraisal Real Estate 333

Housing Wire

NOVEMBER 4, 2022

Housing affordability and limited inventory impacted the buying power of all buyers, however, the greatest impact was felt by Black and Asian Americans, as both groups saw a shrinking share of home buyers,” Jessica Lautz, NAR’s vice president of demographics and behavioral insights, said in a statement.

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Buyers Sellers Real Estate Agent Real Estate 338

Housing Wire

APRIL 15, 2022

The home-price growth from 2020 through 2022 has been so unhealthy that I’ve labeled this a savagely unhealthy housing market as inventory has once again collapsed on a year-over-year basis in 2022. Inventory is still showing negative year-over-year data. Even this week, on tax day, it is still showing a decline.

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Housing Market Marketing Mortgage Inventory 492

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. of UWM’s mix in 2021, and company executives expect that number to grow in 2022 as rates climb. billion, up 103.3%

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

FEBRUARY 13, 2024

“No matter what you want, you can find it here,” the Enterprise, Alabama-based agent said. Between July 1, 2022, and July 1, 2023, Alabama’s population grew by 34,000 people, according to estimates published by the U.S. Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. As of Feb.

Construction 353

Construction Supply Chain Inventory Agents 353

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. billion in 2021 to become the third-ranked LO in the country on Scotsman Guide , Cohen’s production volume dropped 60% in 2022 to about $647 million.

Buyers 373

Buyers Housing Market Marketing Real Estate Agent 373

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

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Sellers Realtors Buyers Inventory 64

Cleveland Appraisal Blog

JANUARY 5, 2023

I’ve noticed recently that when I call real estate agents to confirm information about properties I am using in my appraisal, almost every agent answers their phone and if they don’t, even if I don’t leave a message, they call me back. In June of 2022, the list-to-sales price ratio was 103%.

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Housing Market Marketing Appraisal Inventory 369

Housing Wire

MAY 25, 2023

If we then look at data from the Federal Housing Administration (FHA), there were 2,063 Home Equity Conversion Mortgage (HECM) for Purchase loans endorsed in 2022 — less than 1/10th of 1% of homes sold last year. Real estate agents, loan officers and builders can attract customers they have never captured before.

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Loan Officers Real Estate Agent Real Estate Finance 374

Housing Wire

APRIL 29, 2022

We are looking at this 2022 market like a snow day in January. FHA, VA and USDA aren’t accepted by sellers. Builders do not have inventory — or workers and supplies. Real estate agents who are full time, efficient and enhance the buying experience at less cost to buyers and sellers are necessary.

Mortgage 370

Mortgage Real Estate Agent Technology Inventory 370

Housing Wire

DECEMBER 28, 2023

Coming off of the pandemic banner years, thinning origination volume, low inventory and soaring home prices made business much harder to come by for LOs in 2023. The inventory puts a cap on how much business we can do. The lack of inventory led to rising home prices, creating multiple-offer situations in some parts of the country.

Business 401

Business Mortgage Loan Officers Inventory 401

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. July 25, 2022 . We’ve seen a massive change in housing inventory. New in the August 2022 Issue of Appraisal Today.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

JULY 25, 2023

My customer is the real estate agent. MW: In 2022, my team and I created a mantra. MW: As far as the inventory levels go, this is something that I’ve been focusing on and specializing in for years. So, if I can deliver faster than the other offer, the seller is going to select our offer over the competitor’s.

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Real Estate Agent Mortgage Real Estate Training 248

Eppraisal

MARCH 18, 2022

The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." Be sure to do your research and find an agent that specializes in working with buyers.

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Real Estate Agent Real Estate Agents Sellers 68

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

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Buyers Agents Loan Officers Real Estate 373

Housing Wire

DECEMBER 28, 2021

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching.

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Real Estate Realty Brokerage Realtors 440

Housing Wire

JANUARY 17, 2023

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage saw mortgage origination volume plummet by 40% last year — at a time when mortgage rates had more than doubled, home prices remained elevated and the market suffered from a shortage of inventory. . Justin Messer, CEO at Prosperity Home Mortgage.

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Mortgage Real Estate Real Estate Agent Realtors 347

Housing Wire

OCTOBER 1, 2022

If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. For non-appraisers, the greatest challenge was lack of inventory , with 66% of respondents selecting this response.

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Appraisal Real Estate Agent Valuation Training 364

Housing Wire

DECEMBER 1, 2022

Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted. Inventories fell again on a year-over year basis in most markets. With homes now taking longer to sell, many sellers have taken their homes off the market.

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Housing Market Marketing Construction Inventory 313

Housing Wire

FEBRUARY 7, 2023

The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022. And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. So why is this program so rare?

Mortgage 362

Mortgage Loan Officers Government Buyers 362

Housing Wire

MARCH 5, 2024

Department of Veterans Affairs (VA) handled about 6,400 assumptions, more than double the amount in 2022, according to The Wall Street Journal. Raunaq Singh wanted to capitalize on that opportunity and founded Roam , a platform that helps buyers and sellers with the assumption process. How do you help real estate agents?

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Mortgage Buyers Agents Real Estate Agent 389

Housing Wire

NOVEMBER 16, 2023

Despite multiple class-action antitrust commission lawsuits , increased uncertainty over mortgage rates and low housing inventory , Compass CEO and founder Robert Reffkin says “there has never been a better time to be in real estate than right now.” Good times, like 2021, create bad habits.

Real Estate 409

Real Estate Agents Buyers Clients 409

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. 1 housing market for spring 2022, there is no doubt that the housing market in Rapid City is one to watch. In March 2022, the median list price of a home was up 21.4%

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Housing Market Marketing Real Estate Real Estate Agent 317

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Why It’s Hard to Meet Housing Inventory Needs Right Now.

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Inventory Construction Real Estate Renovations 68

Housing Wire

MARCH 13, 2023

New York City, New York In many ways the spring of 2022 marked the full return of New York City and for a real estate agent like Johnson Tsai, a lead agent at REAL, this meant a massive up-tick in rental demand. “We The market is more of a balance market now,” she said. “We

Housing Market 338

Housing Market Marketing Tenants Buyers 338

Housing Wire

JANUARY 26, 2024

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. Whether you’re newly licensed or an experienced agent who had a productive year — if you’re looking for a change, it’s likely you’ve started receiving emails, letters, and phone calls from all kinds of real estate firms.

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Real Estate Brokerage Agents Real Estate Agent 376

Quicken Loans

DECEMBER 16, 2021

In combination with low housing inventory and labor shortages, that drove up selling prices. Here are a few housing market predictions for 2022 to help you prepare for the market’s future. real estate market is hot. For anyone interested in buying a home , real estate is still in high demand.

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Housing Market Marketing Inventory Real Estate 78