Housing Wire

FEBRUARY 21, 2023

Existing home sales started 2023 right where they left off at the end of 2022, dropping for the 12 th consecutive month. million, according to a report from the National Association of Realtors (NAR) released Tuesday. Buyers have started adjusting their expectations and are ready to get back into the market,” Sturtevant said.

Inventory 343

Inventory Buyers Housing Market Contracts 343

Housing Wire

APRIL 28, 2022

For the fifth consecutive month, pending home sales declined in March from February, down 1.2%, signaling a potential return to “much calmer” conditions, according to the National Association of Realtors. by 2023, Yun said. “As He also expects higher mortgage rates to remain a key factor affecting home sales.

Housing Market 326

Housing Market Marketing Contracts Mortgage 326

Housing Wire

OCTOBER 31, 2023

home prices continued to rise in August 2023,” Craig Lazzara, managing director at S&P DJI , said in a statement. in August, which marks the seventh consecutive monthly gain since prices bottomed in January 2023. in September year over year to $394,300, according to the National Association of Realtors.

Inventory 439

Inventory Housing Market Contracts Realtors 439

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. in 2023 and 5.4% year over year in 2023 to a total of 4.47

Housing Market 393

Housing Market Realtors Contracts Buyers 393

Housing Wire

JANUARY 29, 2024

Last week, the National Association of Realtors released their December pending sales data. We shared that sales growth data back in December as it was happening in the housing market. We shared that sales growth data back in December as it was happening in the housing market. So, this growth is fragile.

Contracts 390

Contracts Inventory Housing Market Mortgage 390

Housing Wire

NOVEMBER 3, 2023

Thanks to provisions in both Anywhere’s and RE/MAX’s settlement agreements , as well as Redfin’s announcement that it would be requiring agents to cancel their National Association of Realtors membership, much of the speculation has focused on what will become of NAR’s 1.5 million members. Certainly there are a lot of places in the U.S.

Realtors 398

Realtors Agents Brokerage Contracts 398

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I According to an analysis by S&P Global , between 2018 and 2023, homeowners insurance rates in Florida have jumped by 43.2%. From 2022 to 2023 alone, rates rose 15%.

Insurance 363

Insurance Inventory Marketing Real Estate 363

Appraisal Buzz

MARCH 28, 2024

compared with February 2023, according to the National Association of Realtors (NAR). Month-over-month, contract signings climbed in the Midwest and South but sank in the Northeast and West. Pending home sales increased 1.6% in February compared with January but were down 7.0%

Inventory 195

Inventory Housing Market Contracts Realtors 195

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. I was already using buyer broker contracts, but now use them 100% of the time. Always will too,” one wrote.

Agents 332

Agents Realtors Clients Real Estate Agent 332

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. in 2023 and 5.6%

Inventory 387

Inventory Realtors Contracts Construction 387

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. in 2023 before increasing to 4.1% in 2023, settling at 4.38

Construction 339

Construction Inventory Realtors Housing Market 339

Housing Wire

NOVEMBER 21, 2022

The forecast for the housing market is expected to get gloomier next year before rebounding to 2022 levels in 2024. million in 2023 and then climbing to 5.25 The mortgage market is projected to slip further, however, to $1.74 trillion in 2023 before climbing to $2.11 million in 2022 before dropping to 4.42

Contracts 357

Contracts Government Mortgage Buyers 357

Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. Whenever the days on the market fall to a teenager level, nothing good happens in housing.

Housing Market 405

Housing Market Inventory Contracts Marketing 405

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. “In Existing-home sales dropped 4.1% Compared to October 2022, existing home sales slumped 14.6%, down from 4.44

Inventory 377

Inventory Realtors New Listings Contracts 377

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 massachusetts housing report MASSACHUSETTS Home Sales Down, Average Prices Up Home sales are down 11.2% year over year, with November 2023 at 5,397 compared to 6,078 last November. 2023: 4,691 2022: 5,333 2021: 7,485 Price Reductions: The number of price reductions is down 4% when compared to November 2022.

Real Estate 63

Real Estate Sellers Buyers Realtors 63

Housing Wire

SEPTEMBER 29, 2022

according to data released Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Home sales will pick up in the second half of 2023, but will be down by 7.1% regions recorded year-over-year decreases in contract signings. In July , the index fell 1.0%

Contracts 331

Contracts Realtors Inventory Marketing 331

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

MARCH 6, 2024

The Beige Book is published two weeks before each meeting of the policy-setting Federal Open Market Committee. The benchmark rate was last changed in July 2023, when it was raised to a range of 5.25% to 5.5%. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased.

Mortgage 346

Mortgage Real Estate Inventory Construction 346

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

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . However, it’s not the market of 2002-2011.

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Housing Wire

MAY 1, 2024

In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” While Zillow’s net loss of $23 million for the quarter, which was up from its net loss of $22 million in Q1 2023, did not necessarily reflect Barton’s confidence, the firm’s 13% annual increase in revenue to $529 million did. he posited.

Agents 335

Agents Real Estate Contracts Real Estate Agent 335

Housing Wire

SEPTEMBER 26, 2023

Look at the divergence in the curves from this year and the tan line from two years ago when we were still in the middle of the pandemic housing boom and record-low mortgage rates. The home sales that are in contract now will close mostly in October. The price of the new contracts this week came in at $370,000.

Inventory 481

Inventory Contracts New Listings Mortgage 481

Housing Wire

SEPTEMBER 23, 2022

Women make up 66% of all Realtors, according to the National Association of Realtors ‘ 2022 Member Profile , but hold just a fraction of executive leadership positions throughout the industry. HW Media : What do you think will be the big themes for the housing market in 2022-2023?

Real Estate Agent 340

Real Estate Agent Agents Real Estate Realtors 340

Lamacchia Realty

FEBRUARY 22, 2023

January 2023 New England housing reports Massachusetts – New Hampshire – Connecticut January Home Sales Down Nearly 36% in Northeast “We are experiencing a classic economic overcorrection in the housing sector with respect to the number of sales. March is next week so things will undoubtedly pick up. million to 4.00

Real Estate 70

Real Estate Sellers Contracts Buyers 70

Lamacchia Realty

MARCH 28, 2023

February 2023 massachusetts housing report February Highlights The Massachusetts housing market is beginning to pick up as we head further into the year, but home sales are still down significantly in February compared to this time last year. year over year with February 2023 at 3,347 compared to 4,337 last February.

Sellers 69

Sellers Inventory Buyers Real Estate 69

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported. Of the four major U.S. This is critical.

Inventory 398

Inventory Housing Market Realtors Marketing 398

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. compared to 2022.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

AUGUST 24, 2023

“In order to achieve a soft landing, economic growth will have to slow to a rate that is below trend for some time in order for the unemployment rate to rise sufficiently to cause wage growth to slow consistent with a 2% inflation target over the long term, but not so slow that the economy falls into a contraction,” the ESR group said.

Construction 262

Construction Retail Mortgage Contracts 262

Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . by the end of 2023,” the MBA’s December market-forecast report states.

Marketing 399

Marketing Investing Investors Landlords 399

Lamacchia Realty

MARCH 28, 2023

February 2023 connecticut housing report February Highlights As we move further into the year, the Connecticut housing market is showing signs of improvement, although home sales in February are still significantly lower compared to last year. year over year with February 2023 at 1,902 compared to 2,547 last February.

Sellers 53

Sellers Buyers Inventory Real Estate 53

Lamacchia Realty

MARCH 28, 2023

February 2023 new hampshire housing report February Highlights The New Hampshire housing market has shown some signs of momentum, but overall February home sales remain considerably lower than last year. Instant Home Evaluation See immediately how this market is impacting your home value.

Sellers 51

Sellers Inventory Buyers Real Estate 51

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. Roger Ferguson , former vice chairman of the board of governors of the U.S. Tables have turned for some sellers.

Mortgage 388

Mortgage Sellers Contracts Buyers 388

McKissock

APRIL 25, 2023

Uncover this month’s economic trends and insights—written from an appraiser’s standpoint—in the following economic recap for April 2023. Economic recap April 2023 While the first quarter of 2023 began with stronger economic signals than anticipated, the pace of economic activity had slowed considerably by the end of the first quarter.

Real Estate 86

Real Estate Appraisal Contracts Construction 86

Housing Wire

NOVEMBER 23, 2022

The seller, who struggled to find a buyer in a cooled down housing market, agreed to deposit a lump sum payment into an escrow account at closing – ultimately saving Davis $6,900 in monthly payments in the first two years. It gives the buyer and seller the feeling of beating the mutual enemy, ‘the market,’ and gaming the system.”.

Buyers 463

Buyers Marketing Sellers Loan Officers 463

Housing Wire

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. But, collectively at the Denver Metro Association of Realtors (DMAR), we all agree that this is really no longer the case and hasn’t been for some time.

Agents 383

Agents Buyers Sellers Inventory 383

Housing Wire

DECEMBER 20, 2022

Forecasting another purchase market in 2023, Nguyen started using his proprietary software for something new – to pursue relationships with realtors. “I I never had to work with realtors, but now I spend a lot of time working with realtors – supporting them and partnering with them,” Nguyen said in an interview with HousingWire.

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

AUGUST 23, 2023

“Our overall model has changed from being a one-stop-shop, where we do everything in-house, to being a one-stop-shop where we do the things in-house that we’re the best at,” Vishal Garg , Better’s CEO, said in an interview. million loss in the first quarter of 2023. ” And what is Better.com best at?

Realtors 350

Realtors Technology Insurance Mortgage 350