Housing Wire

MARCH 4, 2024

In our dedication to providing the full picture to housing professionals across the U.S. housing market, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market.

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Realtors Real Estate Housing Market Brokerage 357

Housing Wire

APRIL 22, 2021

According to the National Association of Realtors, March’s existing-home sales came in at 6.01 For the housing market, the COVID crisis started in earnest the week of March 23, as that is the last week we saw positive year-over-year data in 2020 before COVID-19 really took us for a ride. From NAR: My biggest fear for the U.S.

Housing Market 538

Housing Market Marketing Realtors Inventory 538

Housing Wire

APRIL 1, 2024

HousingWire has partnered with New Hampshire Association of Realtors (NHAR) to bring original data, analytics and news to its members who are the voice for real estate in the state. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect.

Realtors 359

Realtors Brokerage Tools Inventory 359

Housing Wire

NOVEMBER 30, 2023

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

Buyers 431

Buyers Housing Market Sellers Inventory 431

Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. housing market for 2020 to 2024 is that home prices could escalate to an unhealthy level. The post Existing home sales data: A bad sign for housing market?

Housing Market 540

Housing Market Marketing Inventory Realtors 540

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% million existing homes were sold, according to the National Association of Realtors.

Mortgage 414

Mortgage Inventory Investors New Listings 414

Housing Wire

MAY 2, 2024

While revenue rose at eXp World Holdings during the first quarter of 2024, the firm was still unable to turn a profit due to the challenging housing market. In Q1 2024, the company reported a $15.6 Agent count at eXp kept declining in Q1 2024. million loss compared to a net gain of $1.5 million in Q1 2023.

Realty 318

Realty Brokerage Agents Real Estate 318

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. The real story in housing has been the price boom that we have seen since 2020. million and 1.93 I use the 1.52-1.93

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Housing Market Marketing Inventory Realtors 514

Housing Wire

MARCH 14, 2024

With our commitment to providing insights that housing professionals can make decisions on, HousingWire announced a new partnership with Greater Bergen Realtors , delivering exclusive news, market data and housing research to agents in New Jersey’s Greater Bergen Realtors association.

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Realtors Real Estate Agents Housing Market 309

Housing Wire

DECEMBER 29, 2023

“The new home market has been extraordinary in 2023, and I think heading into 2024, we’re going to have the golden age of new home construction,” David O’Reilly, CEO of Howard Hughes , said in a recent CNBC interview. Let’s look at the new construction forecast for 2024. Dietz estimates that the U.S.

Construction 427

Construction Supply Chain Inventory Housing Market 427

Housing Wire

MARCH 29, 2024

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. The market is still strong,” said Wendy Cash, a broker at Austin area-based Century 21 Hellmann Stribling. “We Technically we are still in a seller’s market.

Housing Market 353

Housing Market Agents Marketing Inventory 353

Housing Wire

JUNE 21, 2022

The housing nightmare continues. The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 million, which I would find to be the best thing ever for housing, is not happening this year. I have stressed that housing doesn’t move like the stock market. million , down 3.4%

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

DECEMBER 14, 2023

The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024. Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants.

Real Estate 350

Real Estate Realtors Technology Business 350

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. million and 6.16

Housing Market 478

Housing Market Marketing Inventory Mortgage 478

Housing Wire

SEPTEMBER 19, 2023

This is alarming because this was the moment last year when the market turned south. This “higher for longer” conventional wisdom is working its way through the housing market. I interviewed Dr. Jessica Lautz from the National Association of Realtors for the Altos podcast and we talked about the prospect of 8% mortgage rates.

Housing Market 405

Housing Market Marketing Inventory New Listings 405

Housing Wire

JANUARY 22, 2021

Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% housing market in 2020 appeared first on HousingWire.

Housing Market 545

Housing Market Marketing Inventory Realtors 545

Housing Wire

DECEMBER 13, 2023

Among all the experts’ forecasts for 2024, there is no number more tightly watched than mortgage rates, as those rates will undoubtedly impact sales, prices and construction as well. Mortgage rates The experts unanimously foresee lower mortgage rates in 2024, although none expect rates to fall below 6%. million to 5.07

Inventory 457

Inventory Construction Mortgage Buyers 457

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). “The bond market is forcing the Fed to pivot.”

Real Estate 450

Real Estate Inventory Sellers Realtors 450

Housing Wire

MAY 7, 2024

Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions. Market conditions recently got worse, but Redfin got better in the first quarter of 2024,” Glenn Kelman, CEO of Redfin, said in a statement. The brokerage posted revenue of $225.5

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Marketing Brokerage Advertising Agents 325

Housing Wire

APRIL 3, 2024

The combined share of millennials, both younger (ages 25 to 33) and older (ages 34 to 43), made up a combined 38% of the home purchase market last year, up from 28% in 2022, according to the 2024 Home Buyers and Sellers Generational Trends report from the National Association of Realtors (NAR).

Marketing 503

Marketing Buyers Sellers Realtors 503

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. Pending home sales rose 8.3% in November.

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Contracts Housing Market Construction Inventory 445

Housing Wire

APRIL 25, 2024

While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a few weeks ago in early April 2024. “It It is extremely competitive,” DeRoussel said of the Cincinnati housing market. “We Buyers are really struggling.”

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Buyers Marketing Inventory Investors 374

Housing Wire

FEBRUARY 27, 2024

Inspired by this mindset, Willis said that he and other KW leaders decided to create a theme of intention to guide them in 2024. “It While KW’s in-house numbers point to the firm being the “No. In 2023, our growth was flat, and we did not capture additional market share,” Willis said. “I 1 brand in real estate” with a U.S.

Real Estate 317

Real Estate Technology Tools Agents 317

Housing Wire

NOVEMBER 30, 2023

in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). Historically high rates harmed the housing market in October Annualized existing home sales remained below 4 million in October, the lowest rate since 2010. down from 72.6 in September.

Housing Market 444

Housing Market Inventory Realtors Construction 444

Lamacchia Realty

JANUARY 3, 2024

Amy Wallick Discusses 2024 Housing Market on NBC News Boston Amy Wallick was recently featured on an NBC News Boston segment, where she discusses what we can expect in 2024 for the housing market.

Housing Market 58

Housing Market Marketing Realtors Realty 58

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. On the bright side, housing inventory rose 1.8%

Inventory 377

Inventory Realtors New Listings Contracts 377

Housing Wire

APRIL 17, 2024

The spring home-buying season got off to a slow start in California , where sales of single-family homes declined from February to March, according to a report released Wednesday by the California Association of Realtors (CAR). in first-quarter 2024 compared to Q1 2023. compared to February 2024. during the month and by 4.4%

Insurance 370

Insurance Housing Market Realtors Inventory 370

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 2024. The mortgage market is projected to slip further, however, to $1.74 million, according to the National Association of Realtors. million in 2022 before dropping to 4.42

Contracts 357

Contracts Government Mortgage Buyers 357

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from the same time last year. .

New Listings 394

New Listings Realtors Real Estate Inventory 394

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

Inventory 459

Inventory Marketing Housing Market New Listings 459

Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. However, that hasn’t been the case so far in 2024. NAR: Total housing inventory registered at the end of March was 1.11 This is never a good thing for housing.

Inventory 472

Inventory Housing Market New Listings Buyers 472

Housing Wire

MAY 14, 2024

The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025. “We We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. The survey also delved into the use of real estate agents.

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Real Estate Agent Agents Real Estate Buyers 453

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 The 90-day average number of new listings as of mid-March 2024 was 170 in Naples-Marco Island, and 432 in Cape Coral-Fort Myers).

Insurance 363

Insurance Inventory Marketing Real Estate 363

Housing Wire

MAY 29, 2024

The National Association of Realtors (NAR) reported that it had 1,509,195 members at the end of April, a decline of 2.96% from the 1,554,604 members it had at the end of 2023 but higher than its numbers in February and March. You can find more information in our recent update in Realtor Magazine.“ Membership dipped just below 1.5

Realtors 301

Realtors Agents Inventory Modernization 301

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). in 2024 Despite these conditions, Yun still expects annual existing home sales to drop 11.1% annual jump in 2024.

Housing Market 393

Housing Market Realtors Contracts Buyers 393

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 364

Inventory Agents Real Estate Sellers 364

Housing Wire

MAY 15, 2024

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. Researchers developed a framework for estimating the number of home sales in 2024 based on the current levels for mortgage rates.

Mortgage 366

Mortgage New Listings Inventory Sellers 366