Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Extending a broad (but strategic) net is part of knowing how to generate buyer leads in real estate. Of course, you can’t do everything — but consistency is important.

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Real Estate Buyers Tools Real Estate Agent 362

Housing Wire

MAY 13, 2024

If you need to communicate about the real estate market with buyers and sellers, you should join us. real estate market as of mid-May 2024. Inventory in 2023 didn’t really accelerate until mortgage rates approached 8% in the fall. That’s actually 3% fewer new listings than last week. That’s up 1.5%

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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. For real estate professionals, the changing landscape is a call to action.

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Real Estate Marketing Real Estate Agent Tools 363

Housing Wire

DECEMBER 4, 2023

New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. We want new listings volume to show growth.

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Housing Market Marketing Inventory New Listings 483

Housing Wire

MAY 22, 2024

As you can see below, even though home prices rose in 2023, the median sales price showed negative year-over-year growth in April, May and June of last year. As you can see above, starting in September of 2023, we saw steady year-over-year price growth increases in the data, making the year-over-year price comps harder this year.

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Inventory New Listings Housing Market Contracts 449

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

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Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. By October 2022, it looked like 2023 would have rising inventory and falling home prices. The peak of inventory for 2023 so far was the week of the New Year — that is insane. Last year if you listed your home in July, you priced at a discount because there were no buyers.

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Real Estate Marketing Inventory Contracts 283

Housing Wire

MARCH 11, 2024

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. There were 59,000 new listings unsold this week. That’s 15% growth over the pace of 2023. Last week, 30.5%

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Inventory New Listings Sellers Real Estate 499

Housing Wire

MARCH 25, 2024

New listings Each week this spring we’ve been tracking the new listings volume. Last week we saw just over 60,000 new listings added to the inventory with another 17,000 new listings / immediate sales. In total, new listings data is 14% more than last year. A year with 5.5

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New Listings Inventory Contracts Sellers 479

Housing Wire

JANUARY 16, 2024

real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. The market had about 49,000 new listings this week. 9,000 of those are already in contract.

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Inventory New Listings Sellers Contracts 419

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. In addition to a higher number of new listings, there were also more new contracts started this week than in any week in 2023. That’s much more than at any point of 2023. That’s more than in any week for all of 2023.

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Sellers Marketing Inventory Contracts 462

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

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New Listings Inventory Contracts Housing Market 466

Housing Wire

APRIL 22, 2024

New listings Growing inventory is not just about slowing demand. At 69,000 new listings unsold today, that’s 3% more than a week ago and 14% more than this time last year. In fact, there are more new sellers this week than in any week of 2023. There are now 385,000 single-family homes under contract.

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Inventory New Listings Sellers Contracts 474

Housing Wire

NOVEMBER 20, 2023

More new listings could help boost sales We saw 58,000 new listings added to the housing inventory this week, with 9,000 of those already under contract. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market. What does that mean?

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Inventory New Listings Housing Market Sellers 393

Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

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Housing Wire

FEBRUARY 20, 2024

Even as money is more expensive and there are more sellers than a year ago, we can also see slight home sales growth over 2023. Dramatically few home sales was the story of 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year.

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Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. The price of new listings is dropping. The big question is: how long will the market contraction last and when should we expect things to heat back up? More homes are taking price reductions. And, there are fewer immediate sales.

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Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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Housing Wire

MAY 20, 2024

New listings New listings appear to have peaked for the year three weeks ago. There were just under 68,000 new listings unsold this week. In 2022, new listings kept growing until July as buyers and sellers were trying to get their deals done. New listings volume fell off a cliff in July 2022.

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Inventory New Listings Sellers Contracts 392

Housing Wire

OCTOBER 16, 2023

The leading indicators for sales prices show that 2023 will end with home price gains of 1-2% over 2022, but the 2024 outlook is weakening and depends on your view of mortgage rates in Q1 and whether home prices will appreciate next year. There were only 57,000 new listings plus another 10,000 immediate sales.

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Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. New listings Last week, 59,000 new single-family listings came to market. New listings volume continues to run ahead of last year and we see more sellers than last year. They climbed starting Jan.

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Inventory New Listings Sellers Contracts 384

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.

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Housing Wire

NOVEMBER 6, 2023

held up in 2023, sales volume in the housing market cratered. Additionally, there are 62,000 new listings this week, with 9,000 of those already under contract. Transaction volume no longer decreasing YoY Pending contracts saw fewer sales compared to last year until October. While home prices in the U.S.

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Housing Wire

FEBRUARY 26, 2024

Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. Last week showed good growth in sales over 2023, and I mentioned that it might be fleeting. And sure enough the number of new contracts started this week dipped.

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Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. Here are five of the biggest change in the Texas Real Estate market.

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Housing Wire

AUGUST 7, 2023

Then, Altos will be on watch to see if another boost in mortgage rates — like last September — derails the real estate market again. Compare that to this year’s curve and you can see how we’ll end 2023 with probably 20% fewer homes on the market than there were in 2022. Suddenly new listings volume dropped each week.

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Inventory New Listings Contracts Buyers 282

Housing Wire

NOVEMBER 28, 2023

home prices continued their rally in September 2023,” Craig Lazzara, managing director at S&P DJI , said in a statement.“Our in September, marking eight consecutive monthly gains since prices bottomed in January 2023. Simultaneously, new listing volume is up at the end of November, which might cool home prices down.

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GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. That’s where we come in.

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Housing Wire

SEPTEMBER 7, 2023

Supply of homes on the market does not appear to have reached the peak for 2023. There are only 358,000 single family homes in contract pending now. For a while this year it seemed like home sales would finish 2023 with more than 2022, and that hasn’t materialized. The light portion of the bar are the new contracts that week.

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Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. 2023 Real Estate Performance Highlights The number of homes sold decreased by 21.7% Sales Decline by 21.7%

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Housing Wire

AUGUST 1, 2023

If you were looking at the market in the fall of 2022, you would have expected home prices to continue to fall further in 2023. After the mortgage rate spike in September 2022, we got significantly more bearish on home prices for 2023. The median price of the new listings this week is $399,900. is $450,000.

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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. It’s more than I expected a few weeks ago, but there’s still not a lot of new supply. Last year, inventory climbed dramatically for months.

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Housing Wire

NOVEMBER 21, 2023

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. At the same time, existing inventory has likely already bottomed out and new listings are keeping steady despite normal seasonal declines.

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Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. Things are starting to look up in 2023 with a break in mortgage rates. [00:05:15]-[00:05:31]

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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%

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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%

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Lamacchia Realty

JANUARY 25, 2024

In 2023, the Rhode Island real estate landscape underwent significant changes. A standout element was the unprecedented low number of homes listed ; a trend not observed in over two decades. Additionally, it provides predictions for what is anticipated to unfold in real estate in 2024. Sales Decline by 23.2%

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