Housing Wire

APRIL 25, 2024

Buyers are really struggling.” Cincinnati is a great place to live,” said Julie Back , the executive sales vice president of Sibcy Cline Realtors. I think a lot of it has to do with there are just fewer houses available,” said Mark Meinhardt, a senior vice president at Sibcy Cline Realtors. Baby boomers are not moving.

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Buyers Marketing Inventory Investors 374

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 We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 363

Insurance Inventory Marketing Real Estate 363

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

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Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

Real Estate Agent 416

Real Estate Agent Real Estate Agents Clients 416

Housing Wire

NOVEMBER 13, 2023

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. The share of first-time buyers rose to 32%, up from last year’s low of 26%. Typical repeat buyers were 58, down from 59 in 2022.

Real Estate Agent 350

Real Estate Agent Real Estate Agents Sellers 350

Housing Wire

MARCH 13, 2024

Real estate is a vibrant, dynamic and competitive industry. Across the country, the best real estate coaches serve as valuable mentors who can help agents and brokers achieve the success they deserve. “It’s A quick internet search will prove that real estate coaching programs are plentiful.

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Real Estate Real Estate Agent Agents Training 422

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At We are still going to suffer from lack of inventory.”

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Housing Market Buyers Agents Marketing 391

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. When you buy through our links, we may earn a commission.

Real Estate 364

Real Estate Sellers Real Estate Agent Tools 364

Housing Wire

JULY 6, 2023

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. In other words, if there were more inventory, we would have more sales happening.”

Inventory 447

Inventory Renovations Real Estate Government 447

Cleveland Appraisal Blog

APRIL 26, 2023

With a shortage of housing inventory persisting, some are resorting to building their own home. If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. This frees up time for buyers to focus on other aspects of their lives. Hello friends!

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Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies.

Realtors 377

Realtors Housing Market Marketing Buyers 377

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. What’s happening with inventory? Normally by this point in September, available inventory is declining slightly each week.

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Inventory Contracts New Listings Mortgage 481

Housing Wire

MARCH 20, 2024

Although the National Association of Realtors (NAR) is grateful for the White House’s focus on the nation’s affordable housing crisis, the trade group was not thrilled about remarks President Joe Biden made about real estate agent commissions.

Real Estate Agent 506

Real Estate Agent Realtors Real Estate Agents 506

Housing Wire

MAY 30, 2024

in April compared to March as rising mortgage rates weighed on the market, according to data released Thursday by the National Association of Realtors (NAR). The impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market,” NAR chief economist Lawrence Yun said in a statement.

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Real Estate Agent Inventory Realtors Buyers 326

Housing Wire

MARCH 12, 2021

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Trulia and the National Association of Realtors are also named in the suit. Real Estate Tech Demo Hour. billion visits.

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Real Estate Brokerage Realtors Real Estate Agent 465

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. Attorneys, Realtors and clients are a big part of our repeat business.” Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 373

Buyers Agents Loan Officers Real Estate 373

Housing Wire

OCTOBER 20, 2023

The world of real estate is constantly in flux, yet one thing remains true: Lead generation is one of the most important requirements for maintaining a successful real estate business. and dwindling inventory in most states, today’s brokers must get creative to keep a fresh pipeline of homebuyers coming through the door.

Real Estate 367

Real Estate Tools Open Houses Advertising 367

Housing Wire

DECEMBER 18, 2023

In her first national interview since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, National Association of Realtors (NAR) president Tracy Kaspe r said the trade group would continue to advocate for what it feels is best for consumers. “We

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Real Estate Realtors Buyers Real Estate Agent 410

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Tightened supply was largely responsible for a 10.6% and West (96.9)

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Inventory Contracts Housing Market Buyers 493

Housing Wire

JANUARY 20, 2022

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. According to NAR , low inventory is partly to blame for the homebuyers looking at fewer homes than before.

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Buyers Inventory Open Houses Technology 414

Housing Wire

NOVEMBER 30, 2023

Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and more existing-home inventory. After a very difficult market for buyers who have had to contend with an atypical housing market in 2023, home shoppers will find more listings to choose from in 2024,” Lisa Sturtevant, Bright MLS chief economist, said in a statement.

Buyers 431

Buyers Housing Market Sellers Inventory 431

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.

New Listings 394

New Listings Realtors Real Estate Inventory 394

Housing Wire

APRIL 18, 2024

million in February, according to a report released Thursday by the National Association of Realtors (NAR). There are nearly six million more jobs now compared to pre-COVID highs, which suggests more aspiring home buyers exist in the market.” The inventory of existing homes has been steadily increasing, despite elevated mortgage rates.

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Inventory Real Estate Agent Sellers Buyers 339

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. But buyers shouldn’t get too excited. But buyers shouldn’t get too excited. In August, 58.8% million and 1.92

Buyers 425

Buyers Inventory Real Estate Agent Agents 425

Housing Wire

OCTOBER 8, 2021

from a year ago to $356,700, according to the National Association of Realtors. Renovated Inventory to the Rescue. The analysis also suggests that most distressed property buyers are performing extensive rehab before reselling, and that most renovated homes are being resold to owner-occupant buyers. Skyrocketing U.S.

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Renovations Inventory Marketing Property Taxes 542

Housing Wire

JULY 22, 2021

million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains. million in June 2020 as housing inventory has slowly improved in recent months. Total housing inventory at the end of June amounted to 1.25 from May’s inventory and down 18.8% Sales climbed 22.9%

Inventory 488

Inventory Buyers Realtors Construction 488

Housing Wire

FEBRUARY 8, 2024

Real estate farming, otherwise known as geo-farming, is a dependable lead generation method that can help to create a steady pipeline of real estate leads and clients in your area. If you want to add effective real estate farming tips, tools and tactics to your marketing arsenal, our guide will show you how it’s done.

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Real Estate Tools Agents Real Estate Agent 310

Housing Wire

JUNE 19, 2023

It’s fair to say that almost everyone living in a home today worked with a real estate professional to purchase or mortgage their home. According to the latest data from Altos Research , the real estate market is experiencing unusual patterns in pricing, inventory and demand.

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Real Estate Business Clients Client Relationships 271

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. ” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

OCTOBER 5, 2021

Housing market inventory is low right now. According to the National Association of Realtors’ existing home sales report in August, inventory was down 13.4% Burns is a luxury real estate agent in Maui, Hawaii and Clark is a patent and intellectual property attorney in the Washington D.C. Historically low.

Real Estate Agent 389

Real Estate Agent Real Estate Agents Marketing 389

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.

Mortgage 346

Mortgage Real Estate Inventory Construction 346

Housing Wire

MAY 18, 2021

For as long as Jim Pullin has been a realtor in Seattle, the Pacific Northwest city has always been a popular moving destination. But when inventory dropped to a third of its normal amount, everything changed. cities determined that Seattle is the top market for real estate agents to currently work in.

Real Estate 425

Real Estate Marketing Real Estate Agent Agents 425

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The real estate market As of Jan. 1 employer in the region is a hospital, IU Health, employing 23,187 people. 10, 2023. “The

Housing Market 386

Housing Market Marketing Logistics Real Estate 386

Housing Wire

JULY 9, 2021

But even though home prices are at record highs , buyers are still in the market. A buyer in Austin, Texas paid $1 million over a home’s listing price. According to the founder of The Agency Texas, Thomas Brown , the buyer was bidding for a home against multiple offers. More for Real Estate Enthusiasts.

Buyers 441

Buyers Counter Offer Real Estate Agent Real Estate 441

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” According to Altos Research, as of Feb. 23, 2024.

Housing Market 395

Housing Market Marketing Inventory Construction 395

Housing Wire

APRIL 22, 2021

For the second consecutive month, existing-home sales fell, according to the latest National Association of Realtors report. Consumers are facing much higher home prices, rising mortgage rates, and falling affordability, however, buyers are still actively in the market,” said Lawrence Yun, NAR chief economist. All four major U.S.

Inventory 439

Inventory Buyers Realtors Investors 439

Housing Wire

MARCH 19, 2024

Dual licensing is one of the opportunities being opened to the mortgage industry by the National Association of Realtors ’ (NAR) pending nationwide settlement of commission lawsuits , according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA). In addition, buyers’ agents must have written agreements.

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Loan Officers Real Estate Agent Real Estate Agents 480