Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. Existing-home sales dropped 4.1% Looking at the four major U.S.

Inventory 377

Inventory Realtors New Listings Contracts 377

Housing Wire

MARCH 29, 2024

Buyers are still buying and sellers are still selling. We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. Michaels also noted that his business is still seeing a steady stream of out-of-town buyers. “We

Housing Market 353

Housing Market Agents Marketing Inventory 353

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. in mid-January 2024. as of February 29, 2024.

Housing Market 395

Housing Market Marketing Inventory Construction 395

Housing Wire

MARCH 6, 2024

The spring homebuying season, which got underway a bit earlier than usual, was off to a good start in districts like New York and Dallas. The benchmark rate was last changed in July 2023, when it was raised to a range of 5.25% to 5.5%. Still, with such limited inventory, home prices have continued to press higher.

Mortgage 346

Mortgage Real Estate Inventory Construction 346

Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates,” Lawrence Yun, NAR’s chief economist, said in a statement. from November to a pace of 4.02 A total of 5.03

Inventory 338

Inventory Housing Market Realtors Buyers 338

Housing Wire

SEPTEMBER 26, 2023

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.

Inventory 481

Inventory Contracts New Listings Mortgage 481

Housing Wire

FEBRUARY 23, 2024

This is nothing dramatic, but similar to what we saw in 2023 when mortgage rates rose from 5.99% up to 7.25%. Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. This means 2024 is starting to look a lot like 2023 unless rates fall soon.

Inventory 423

Inventory Mortgage New Listings Marketing 423

Housing Wire

APRIL 18, 2024

This scenario is similar to 2023 when rates fell. The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. million units, up 4.7%

Inventory 472

Inventory Housing Market New Listings Buyers 472

Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. What does this mean for Buyers ? What does this mean for Sellers ?

New Listings 53

New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 connecticut housing report CONNECTICUT Home Sales Down, Average Prices Up Home sales are down 12.9% year over year, with November 2023 at 2,732 compared to 3,138 last November. Single families: 2,402 (2022) | 2,109 (2023) Condominiums: 736 (2022) | 623 (2023) Average sales price has increased by 8.2%

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. Buyers early in 2023 had slightly lower rates than now and were optimistic that mortgage rates would go lower still. This change in buyer expectations is adding to the slowness right now. Last year, inventory climbed dramatically for months.

Housing Market 405

Housing Market Marketing Inventory New Listings 405

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 new hampshire housing report NEW HAMPSHIRE Home Sales Down, Average Prices Up Home sales are down 4.9% year over year, with November 2023 at 1,460 compared to 1,535 last November. 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Housing Wire

FEBRUARY 28, 2024

All created by Realtors, for Realtors. So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers. So get over your fear of being perfect and just start creating content that resonates with buyers and sellers in your farm area. Touring a new listing?

Real Estate 397

Real Estate Marketing Tools Contracts 397

Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. 2023 Real Estate Performance Highlights The number of homes sold decreased by 18.9%

Inventory 54

Inventory Sellers Buyers Contracts 54

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Existing home sales have more legs to go lower, especially now that new listing data is falling. We don’t want to see that in America, but that might be a reality in 2023. million in August.” million in August 2021).”.

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Lamacchia Realty

FEBRUARY 27, 2023

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2023 compared to January 2022.

New Listings 54

New Listings Buyers Realty Sellers 54

Lamacchia Realty

MARCH 24, 2023

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2023 compared to February 2022.

New Listings 41

New Listings Realty Realtors Sellers 41

Housing Wire

OCTOBER 13, 2023

Our realtor partners are hurting,” Berg said. They need new listings and they are so desperate that they might take a fraudulent listing.” Since the start of 2023, 73% of real estate firms have seen an increase in seller impersonation fraud attempts, according to CertifID. It is brute force.

Real Estate Agent 392

Real Estate Agent Real Estate Agents Sellers 392

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 It’s now obvious to everyone that home prices have held up in 2023 because demand has exceeded the very limited supply of homes to buy. That projection changes each week when new data comes in.

Inventory 285

Inventory Contracts New Listings Buyers 285

Lamacchia Realty

JULY 26, 2023

This Lamacchia Mid-Year Housing Report presents overall home sale statistics as of the first six months of 2023 compared to the same period last year, January 1 st to June 30 th , 2022. Prices increased in all the categories in the first half of 2023 over the same time period in 2022. Number of Homes Sold Decreased by 24.8%

Sellers 57

Sellers Inventory Buyers Contracts 57

Empire Appraisal Group

JANUARY 4, 2023

What Could Make Home Prices Drop in 2023? Source: What Could Make Home Prices Drop in 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. NEW YORK – The U.S.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. From NAR: First-time buyers were responsible for 29% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 29 days.

Housing Market 405

Housing Market Inventory Contracts Marketing 405

Lamacchia Realty

JULY 26, 2023

Although Lamacchia has been assisting buyers and sellers in Connecticut for years, we officially opened our first branch office in Southington, CT in late 2022. Many sellers are hesitating to put their homes on the market, therefore, the number of new listings is down year over year. in 2021, 3.9% in 2022, and 4.7%

Inventory 50

Inventory Sellers Buyers Real Estate 50

Lamacchia Realty

JULY 26, 2023

This Lamacchia Mid-Year Housing Report presents overall home sale statistics as of the first six months of 2023 compared to the same period last year, January 1 st to June 30 th , 2022. The chart below depicts how sales in 2023 so far are lower than 2022, but the gap from year to year is closing. and are down by 16.1%

Inventory 54

Inventory Sellers Buyers Real Estate 54

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move. However, going from 2.5%

Housing Market 283

Housing Market Inventory New Listings Mortgage 283

Lamacchia Realty

JULY 26, 2023

Many sellers are hesitating to put their homes on the market, therefore, the number of new listings is down year over year. Listings are the lowest they have been in recorded history, of any 6-month period since records have been kept starting in 1995 (red line) click here to read our recent report. Prices Increase 5.5%

Inventory 48

Inventory Sellers Buyers Real Estate 48

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Ideal for realtors looking for functionality without a big price tag.

Real Estate 363

Real Estate Marketing Real Estate Agent Tools 363

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. Think of it like a rollercoaster that started in late 2022 and has continued into early 2023.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Cleveland Appraisal Blog

JANUARY 5, 2023

Welcome to 2023! According to Altos Research, 42% of the single-family home listings in Cuyahoga County have received price reductions. Some of this is seasonal, but a good portion of the declines recently is due to buyers not being able to afford as much as they once were due to the rate hikes. I appreciate you!

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Housing Wire

JULY 20, 2023

The savagely unhealthy housing market continues as existing home sales are near record lows, and the days on the market are still at a teenager level, with home prices rising in 2023. Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data.

Marketing 327

Marketing Housing Market Inventory New Listings 327

Empire Appraisal Group

AUGUST 3, 2023

In the two months after the devastating September 2022 storm, Cape Coral-Fort Myers saw 900 fewer new listings than there would have been had the storm not hit, according to Redfin projections. But in the six months after that, the area had 1,314 more new listings than projected, a number that more than offsetting the shortfall.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Will Springer Realtor

FEBRUARY 13, 2024

The final months of 2023 were among the quietest periods in recent memory for residential real estate amid a slow year overall. The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics. higher than January 2023. more versus January 2023. 1; that’s 2.8%

New Listings 54

New Listings Buyers Inventory Lending 54

Empire Appraisal Group

JUNE 22, 2023

Yet new buyers are facing a median rate of 6.71%, according to Freddie Mac’s most recent survey, and that’s down from 6.79% the week before. Both new listings and total listings have dropped to their lowest levels on record for this time of year. © 2023 Florida Realtors® The post Why Few Listings?

Mortgage 78

Mortgage Sellers Buyers New Listings 78

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). An index score of 100 means that a buyer with a median U.S.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). This return of buyers follows a sluggish late 2023. This return of buyers follows a sluggish late 2023. February’s price was 7.6% There is 1.9

Buyers 57

Buyers Construction Sellers Inventory 57

Housing Wire

OCTOBER 22, 2023

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. 4] As of July 3, 2023, there were 42,857 sales agent exams taken in Texas. Lead Gen As a new agent, make it a priority to pick a brokerage that is committed to helping you with marketing and exposure.

Real Estate 351

Real Estate Real Estate Agent Agents Brokerage 351

Will Springer Realtor

APRIL 9, 2024

That was highlighted by a 30% month-to-month gain in total home sales (single-family, townhome and condos combined) across the county in March and unseasonably low supply for buyers. The 2166 single-family new listings in King are the lowest of any March since records were archived online in 1991. above the list price.

Marketing 60

Marketing Inventory Buyers Sellers 60