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Buyers will have more options in 2024, but affordability woes will persist: Bright MLS

Housing Wire

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and more existing-home inventory. Existing-home sales will end 2024 at 4.6 by the year’s end.

Buyers 457
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Here’s what you can expect from the 2024 housing market

Housing Wire

Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a savagely unhealthy housing market out there, and these economists unpack what that means for you. Register for the virtual event on Dec.

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Get more real estate buyer leads in 2024

Housing Wire

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

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Home prices in opportunity zones show mixed trends in Q1 2024

Housing Wire

Median prices for homes and condominiums in federally designated opportunity zones rose in 49% of areas from fourth-quarter 2023 to first-quarter 2024, according to a report released Thursday by Attom. Attom analyzed 3,512 zones with sufficient data, defined as having at least five home sales in Q1 2024. territories. average of 3.1%

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Off-the-grid deals: Distressed property trends and market insights

Housing Wire

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. It’s very, very market dependent right now. I’m still focusing on those markets with very low (retail) inventory.

Marketing 434
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Real Estate Lead Generation and Marketing

Housing Wire

Real Estate Lead Generation 6 best places to buy real estate leads in 2024 Mar 18, 2024 By Megan DeMatteo, Meghan Thibault and Megan DeMatteo, Meghan Thibault We recommend the best places to buy real estate leads to give you a shortcut to the closing table.

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Don’t expect a significantly better mortgage market in 2024: Piper Sandler

Housing Wire

The mortgage market should improve in 2024 due to a combination of competitive pressures easing and mortgage demand picking up from historical lows last year, according to a note from Piper Sandler , a leading investment bank. Home prices and rates remain too high for new home buyers, particularly with income growth slowing.

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