Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

Housing Market 411

Housing Market Marketing Insurance Mortgage 411

Housing Wire

JULY 28, 2023

Buyers searching for starter homes in today’s market are on a wild goose chase because in many parts of the country, there’s no such thing as a starter home anymore,” said Redfin Senior Economist Sheharyar Bokhari. “The Austin buyers must earn $92,000, down 3.3% The typical U.S. to $325,000 in Phoenix.

Buyers 369

Buyers Housing Market Investors Real Estate 369

Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I sold a home to a hedge fund guy in New York.

Housing Market 326

Housing Market Marketing Real Estate Agent Agents 326

Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values.

Inventory 402

Inventory Home Value Housing Market Buyers 402

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. While mortgage rates are expected to decrease, high home prices combined with low inventory still pose a challenge for potential homebuyers. “We is $424,900, which is up 2.4%

Inventory 457

Inventory Housing Market Mortgage Law 457

Housing Wire

OCTOBER 3, 2022

The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season. The housing market has not seen such a significant two-month drop in prices since shortly after the collapse of Lehman Brothers in winter of 2008, Black Knight said on Monday. as of Sept.

Inventory 523

Inventory Home Value Housing Market Mortgage 523

Housing Wire

JUNE 10, 2022

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. Are we in a housing bubble?” Of course, the answer is about why this is not the same market — in any way — to post 2008.

Sellers 380

Sellers Housing Market Inventory Buyers 380

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. The demand for housing decreased with the higher mortgage rates as it decreased buyer power.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Housing Wire

SEPTEMBER 22, 2021

Lawrence Yun, chief economist at NAR, noted in a statement that existing home sales slipped because of rising prices nationwide. “Although there was a decline in home purchases, potential buyers are out and about searching, but much more measured about their financial limits, and simply waiting for more inventory,” Yun said.

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Inventory Buyers Realtors Home Value 371

Housing Wire

FEBRUARY 4, 2022

housing market this year, and we’ll find out which one wins. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market. Here are 7 trends to watch in the 2022 appraisal market. Here are 4 macro trends impacting the 2022 housing market. 2022 Forecast series.

Housing Market 354

Housing Market Inventory Home Value Marketing 354

Housing Wire

JULY 26, 2022

How auction buyer data foreshadows housing market shifts. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5% National Home Price Index is a leading measure of housing prices.

Housing Market 365

Housing Market Inventory Retail Marketing 365

Housing Wire

MARCH 23, 2022

At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. The market crunch affects borrowers with less money more acutely, economists said.

Supply Chain 354

Supply Chain Housing Market Buyers Construction 354

Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. Over the past three years, the real estate market has seen unprecedented milestones. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. Average Days on Market.

Housing Market 83

Housing Market Marketing Inventory Sellers 83

Housing Wire

MARCH 29, 2023

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. Pending home sales decreased in all four regions compared to one year ago. Pending home sales rose 0.4% Don’t call it a comeback?

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Contracts Realtors Home Value Housing Market 283

Quicken Loans

DECEMBER 16, 2021

Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. In addition, home values and sales skyrocketed. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. real estate market is hot. Home Inventory Will Slowly Rise.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

JANUARY 16, 2024

This has put a strain on the inventory of three-bedroom-plus homes, making it harder for a millennial to buy one. Although millennials with children own less than 15% of all three-bedroom-plus homes in the country, they make up 42.8%

Inventory 421

Inventory Home Value Mortgage Buyers 421

Housing Wire

MAY 9, 2022

As you can see above, other countries have experienced steep home-price growth and Canada is leading the way. housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs.

Buyers 526

Buyers Housing Market Mortgage Marketing 526

Housing Wire

MAY 25, 2021

Phoenix saw a 20% year-over-year home price increase, followed by San Diego with a 19.1% Home price data is consistent with the hypothesis that COVID-19 has encouraged potential buyers to move from urban apartments to suburban homes,” Lazzara said. ” Technology for navigating secondary market challenges.

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Supply Chain Inventory Buyers Construction 403

Eppraisal

OCTOBER 5, 2022

Now that the real estate market is transitioning with softening sales and rising interest rates, it is important to be in the know as a home buyer. As a buyer in a transitioning market, you have more to prepare for. Premium Prices The housing market continues to display high, premium home prices.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Back then, as hot as that market was, I don’t remember the bidding wars that we see in today’s market, because at that time, the levels of housing supply were not nearly as low as they are today.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

MARCH 9, 2021

“Significant gains in home values fueled equity gains from 2019 to January 2021 for homeowners of all races,” the press release stated. In the predominantly Black areas of Chicago, people who bought homes experienced an enormous percentage equity gain of 750% from 2019 to January 2021. Newark and Washington, D.C.

Home Value 469

Home Value Market Value Brokerage Inventory 469

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. A housing inventory shortage.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. You can see that’s a really big impact for that first-time buyer, giving them the ability to kind of ease into that payment.”

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Marketing Government Mortgage Sellers 404

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. And housing prices are still up! “In

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right! What does this mean for Buyers ? What does this mean for Sellers ?

Sellers 58

Sellers Real Estate Buyers Inventory 58

Eppraisal

JANUARY 28, 2022

Danielle Hale, Realtor.com chief economist states, "We expect a whirlwind 2022 for the housing market. Home sales are expected to increase another 6.6% and home prices to rise another 2.9% " It is already happening, especially in the hot markets. Housing Market Crash in 2022?

Marketing 68

Marketing Home Value Real Estate Housing Market 68

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $948,706 (2023) | $1,058,316 (2024) Condos & Townhomes: $504,195 (2023) | $533,283 (2024) Homes Listed For Sale: T he number of homes listed is up by 24% when compared to January 2023. 2024: 12,307 2023: 9,929 2022: 10,583 Pending Home Sales: The number of homes placed under contract is down by 9.1%

Inventory 52

Inventory Sellers Real Estate Buyers 52

Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right! What does this mean for Buyers ? What does this mean for Sellers ?

Sellers 62

Sellers Real Estate Buyers Inventory 62

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Inventory levels in Connecticut are not increasing nearly enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well. cities per the Zillow Home Value Index.

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right! What does this mean for Buyers ? What does this mean for Sellers ?

Sellers 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

FEBRUARY 23, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right! What does this mean for Buyers ? What does this mean for Sellers ?

Sellers 55

Sellers Real Estate Buyers Inventory 55

Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Online Home Value Estimation Informal home appraisal tools can give you ballpark estimates of how much your property is worth.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. Listen to Anthony’s complete New England Winter Market Update here or click the picture to the right! What does this mean for Buyers ? What does this mean for Sellers ?

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

DECEMBER 21, 2023

What does this mean for Buyers ? An increase in active inventory as well as new listings is great news for buyers! Inventory has struggled to keep up with relentless buyer demand, especially in South Florida , so more options could lead to less competition and a stabilization or even reduction of prices.

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New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Buyers ? Even though inventory levels are increasing, they aren’t increasing enough to meet the buyer demand in the market. As a result, there is increased competition for available homes and average prices have continued to increase as well.

Real Estate 63

Real Estate Sellers Buyers Realtors 63

Eppraisal

FEBRUARY 22, 2022

Just as inflation drives up the value of lumber, light bulbs, potatoes, chicken and women's shoes, it boosts home values in the same way. For instance, and for simplicity, if there are 30 identical houses and $600 in circulation, each property would be priced at $20. What about investors, who both buy and sell?

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Housing Market Marketing Property Taxes Home Value 36