Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Real Estate Agent 404

Real Estate Agent Real Estate Buyers Agents 404

Housing Wire

FEBRUARY 6, 2024

From there, buyers can immerse themselves in the spaces they are considering, giving them a realistic sense of a home’s location and layout from miles away or even across the country, according to the company.

Real Estate 348

Real Estate Buyers Development Technology 348

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. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. Of course, you can’t do everything — but consistency is important.

Real Estate 363

Real Estate Buyers Tools Real Estate Agent 363

Appraisal Buzz

APRIL 6, 2022

Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions. The post How Remote Bidding Technology Empowers Local Community Developers appeared first on DSNews.

Development 195

Development Technology Investors Buyers 195

Housing Wire

NOVEMBER 16, 2022

The NAHB/HMI report is based on a monthly survey of NAHB members, in which respondents are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. To bring in more buyers, 59% of builders surveyed reported using incentives.

Buyers 543

Buyers Mortgage Real Estate Housing Market 543

Housing Wire

SEPTEMBER 7, 2023

But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. You’ve got current economic conditions that are not opportunistic for a homebuyer right now, inflation is still out there and it’s all constraining buyers’ ability to spend. “You’ve

Buyers 374

Buyers Agents Loan Officers Real Estate 374

Housing Wire

MARCH 16, 2022

The NAHB/HMI report is based on a monthly survey of NAHB members, in which respondents are asked to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes. The component tracking traffic of prospective buyers, however, rose two points to 67.

Buyers 370

Buyers Supply Chain Construction Inventory 370

Housing Wire

SEPTEMBER 5, 2023

Find your audience Not every real estate transaction is the same because not all buyers and sellers are the same. Do you specialize in helping first-time buyers and sellers, or are you leaning towards working with real estate investors ? Here are 11 tips to make these workshops more effective. They cross-promote the event.

Real Estate 407

Real Estate Sellers Buyers Clients 407

Housing Wire

MARCH 11, 2024

Here why CreditXpert’s new platform — that combines the best of Wayfinder and the What-if Simulator — can help you reach more buyers and close more loans. In a competitive market where most borrowers are mortgage rate shopping, credit optimization can be the difference between closing a loan or losing out to an offer from a competitor.

Buyers 369

Buyers Tools Mortgage Lending 369

Housing Wire

APRIL 30, 2021

“New construction has typically been a good option for buyers who don’t want to deal with bidding wars because builders don’t usually set deadlines for offers,” Miller said. We need these two things in order for buyers to have more choices and more reasonable price growth. ” However, the U.S.

Buyers 441

Buyers Construction Inventory Housing Market 441

Housing Wire

OCTOBER 20, 2022

A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months. Foreclosure auction buyers started bidding more conservatively in the second quarter of 2022, as measured by proprietary data from the Auction.com marketplace. Price Correction Risk by Region.

Buyers 404

Buyers Housing Market Marketing Investors 404

Housing Wire

APRIL 14, 2023

The benefits of homeownership only accrue if first-time buyers can both successfully purchase a home at a reasonable price and remain in it for the long-term, weathering various economic cycles. However, buyers are contending with rising interest rates , high home prices and constrained inventory. Mortgage Insurers.

Finance 326

Finance Buyers Insurance Housing Market 326

Housing Wire

OCTOBER 3, 2023

BH: I have heard some comments from CoStar about how Homes.com is well positioned for success regardless of what happens with the buyer broker compensation lawsuits. If the buyer broker commission rules goes away that revenue model for the portals goes away for sure. Could you elaborate on this?

Buyers 354

Buyers Real Estate Agents Business 354

Housing Wire

OCTOBER 15, 2020

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. When we began a decade ago there was much more blight.

Buyers 330

Buyers Development Renovations Retail 330

Housing Wire

MAY 30, 2024

He pioneered a comprehensive team approach in real estate, incorporating a transaction coordinator, financing professional and buyer agents to provide full service to a broader clientele. His expertise spans condominium conversion and development, residential sales, buyer representation and commercial transactions. DelRose Sr.

Realty 385

Realty Brokerage Real Estate Clients 385

Lamacchia Realty

FEBRUARY 15, 2024

After spending nearly a year as a REALTOR® with Lamacchia Realty, Joseph Ribeiro has made the exciting jump to the Business Development team. During his time as a REALTOR®, Joseph expertly served buyers and sellers throughout Massachusetts and Rhode Island since 2017. "We We are so excited to add Joey to our team.

Development 72

Development Business Realty Realtors 72

Housing Wire

APRIL 19, 2023

But the landscape is changing, and ADU buyers (and ADU builders and makers) are adapting to it. While many customers are interested in adding an ADU for full-time rental, most seem keen on developing a flexible space for personal use as private, detached quarters for visitors and a short-term rental when it’s convenient for them.

Buyers 323

Buyers Real Estate Construction Finance 323

Housing Wire

APRIL 22, 2021

Kirk West, a broker for West and Woodall Real Estate in Durham, said the sheer number of buyers willing to purchase a house sight-unseen has stood out to him since the pandemic started. The post North Carolina’s low home prices luring buyers appeared first on HousingWire. “But this is a great place to live.

Buyers 423

Buyers Inventory Renovations Realty 423

Mortgagebroker News

MAY 6, 2024

Development placed into receivership

Development 73

Development Buyers 73

Housing Wire

MAY 14, 2024

We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. Even after navigating the climate of higher mortgage rates and a dearth of available listings, 82% of recent buyers had regrets about their purchase, Clever reported.

Real Estate Agent 454

Real Estate Agent Agents Real Estate Buyers 454

Housing Wire

MARCH 16, 2023

Department of Housing and Urban Development (HUD). Homes were started at an estimated annual pace of 1.45 million in February, up 9.8% month over month, according to a report released Thursday by the U.S. Census Bureau and the U.S. Despite the month-over-month increase, housing starts were still down 18.4% year over year.

Buyers 407

Buyers Construction Finance Housing Market 407

Housing Wire

DECEMBER 18, 2023

“With mortgage rates down roughly 50 basis points over the past month, builders are reporting an uptick in traffic as some prospective buyers who previously felt priced out of the market are taking a second look,” NAHB Chairman Alicia Huey, a custom homebuilder and developer from Birmingham, Ala, said in a statement.

Mortgage 455

Mortgage Development Buyers Housing Market 455

Lamacchia Realty

JULY 21, 2023

After spending over a year as a REALTOR with Lamacchia Realty, Chris Rochon has made the exciting jump to the Business Development team. Chris served buyers and sellers in the Greater Merrimack Valley area during his time as a REALTOR. He always loved working with people, getting to know the other REALTORS just as well as his clients.

Development 69

Development Business Realty Realtors 69

Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Consider future development Investigate potential developments in the area, as they can significantly impact property values.

Real Estate Agent 396

Real Estate Agent Real Estate Inspection Tools 396

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. Often the buyer asks the real estate agent or lender for a recommendation, but we always encourage buyers to explore their options. On the East Coast, the buyer typically pays.

Insurance 490

Insurance Real Estate Buyers Real Estate Agent 490

Housing Wire

MAY 20, 2024

Buyers are having a hard time finding single-family homes in their budget because not many homeowners are letting go of their houses, and those who are listing tend to price high because they haven’t come to terms with the fact that prices have come down from their 2022 peak. Department of Housing and Urban Development (HUD).

Construction 401

Construction Inventory Buyers Sellers 401

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 504

Marketing Buyers Sellers Realtors 504

Housing Wire

APRIL 9, 2024

Homebuilders are observing a rise in demand for homes that can accommodate natural aging from Gen X buyers. Gen X buyers are also more likely to have more financial means and control over their potential options, and are keeping access to necessary later-life services in mind when choosing where to live as they get older, the story explained.

Buyers 489

Buyers Construction Realtors Development 489

Eppraisal

FEBRUARY 7, 2023

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord.

Development 69

Development Sellers Legal Home Value 69

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

Renovations 329

Renovations Buyers Development Insurance 329

Housing Wire

FEBRUARY 28, 2024

With its newest influx of capital, EasyKnock aims to advance the development of its platform by honing its suite of products. We’re proud to have Northwestern Mutual on board, as this round will enable us to turbocharge our product development and expand the ways we support our customers in the very near future.”

Investors 352

Investors Investing Development Buyers 352

Housing Wire

MAY 15, 2024

“The market has slowed down since mortgage rates increased and this has pushed many potential buyers back to the sidelines,” NAHB Chairman Carl Harris, a custom home builder from Wichita, Kansas, said in a statement. “We In May, 25% of builders cut prices, up from 22% in April.

Buyers 332

Buyers Housing Market Insurance Construction 332

Housing Wire

SEPTEMBER 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. In August, the sales pace of new homes fell 8.7%

Inventory 473

Inventory Buyers Construction Sellers 473

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. SW: Why did you want to develop this platform? When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion.

Real Estate Agent 349

Real Estate Agent Real Estate Sellers Agents 349

Appraisal Buzz

APRIL 23, 2024

Department of Housing and Urban Development. Rates moving above 7 percent, however, will move some home buyers to the sidelines as the spring progresses.” This will improve the cost of financing for land developers and home builders and enable more attainable housing supply.” compared with February and up 8.3% about an 8.3-month

Mortgage 369

Mortgage Inventory Development Finance 369

Lamacchia Realty

MARCH 21, 2024

March 18, 2024 – The Wall Street Journal has quoted Anthony Lamacchia in their new article regarding the buyer commission lawsuit that the National Association of REALTORS® has been fighting over the last several months. Anthony emphasizes the importance of coaching REALTORS® so they can adjust to this change seamlessly.

Development 60

Development Realtors Government Buyers 60

Housing Wire

MARCH 26, 2024

Housing affordability is a major concern for many prospective home buyers, with high home prices keeping some would-be buyers out of the market altogether,” Bright MLS chief economist Lisa Sturtevant said in a statement. More inventory is a welcome development and suggests that some normalization in the U.S.

Buyers 434

Buyers Inventory Housing Market Realtors 434