Housing Wire

OCTOBER 10, 2023

We’ve all witnessed the housing market slowdown that has occurred over the last year. Across the country, homes are spending more days on the market as interest rates rise. Many sellers have returned to offering concessions and dropping prices to entice buyers.

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Home Improvement Real Estate Agent Sellers Real Estate 446

Housing Wire

DECEMBER 2, 2020

Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said. The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” said realtor.com’s Chief Economist Danielle Hale.

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Housing Market Marketing Inventory Buyers 512

Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. What a year 2021 has been. The excellent.

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Housing Market Marketing Construction Mortgage 526

Housing Wire

MARCH 28, 2022

Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. HousingWire: How will rising rates affect new home construction? Housing construction will be impacted if the monthly supply for new homes breaks above 6.5

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Housing Market Marketing Supply Chain Inventory 322

Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum. A buyer’s market in 2021?

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Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

FEBRUARY 3, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market.

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Housing Market Marketing Supply Chain Mortgage 404

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. properties are spending minimal time on the market. Home prices are surging in major U.S.

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Housing Market Inventory Buyers New Listings 388

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

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Insurance Housing Market Marketing Agents 348

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Other would-be disruptors have not fared so well.

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Brokerage Realty Real Estate Inventory 394

Housing Wire

JANUARY 3, 2023

“Falling home sales and construction have hurt broader economic activity.”. Pending-home sales in November reflect a freeze in the housing market, as buyers remain on the sideline and sellers are staying put,” Odeta Kushi, First American’s deputy chief economist, said in a statement.

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Housing Wire

JUNE 2, 2023

The construction sector also saw job gains in May, adding 25,000 positions, thanks to a large uptick in heavy and civil engineering construction, which added 10,700 jobs. Residential building construction added 2,400 jobs during the month. year-over-year increase, further complicating things for the Fed. “For

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Construction Real Estate Housing Market Transportation 353

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. The housing market is heading toward an inflection point — a rebalancing that will mean the end of the record-high price appreciation we’ve seen over the past year.

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Inventory Housing Market Construction Sellers 390

Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. That is a lot of bread!

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Housing Market Marketing Reconsideration of Value Contracts 367

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). In 2023, new-home sales are up 5% year to date, Yun said.

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Real Estate Inventory Sellers Realtors 450

DW Slater Company

JANUARY 30, 2023

What’s happening in the housing markets? Mortgage rates impact housing as they affect buying power. As we look at the housing market for 2022, a clear shift has occurred. Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates.

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Housing Market Marketing Real Estate Appraisal 122

Housing Wire

DECEMBER 17, 2020

“Today’s report is consistent with other housing data that shows the housing market has rebounded substantially from the second quarter,” said Joel Kan, the Mortgage Bankers Association ’s associate vice president of economic and industry forecasting. How the mortgage industry is working together to make housing more affordable.

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Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Today, the average is 2.7

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Housing Wire

MARCH 21, 2023

. “His deep understanding of global economies, real estate markets, technology, consumer demographics, and investments will further enhance our ability to empower, educate, and equip real estate agents as the housing market continues to evolve.”

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Real Estate Real Estate Agent Housing Market Agents 381

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are Are we in a housing bubble?” However, it’s the sellers and buyers that we are working with whom really matter.

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Housing Wire

SEPTEMBER 26, 2023

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. However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months.

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Housing Wire

MAY 25, 2022

A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. With growing demand from consumers, it’s a no-brainer to put a spotlight on these features when marketing homes.

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Construction Real Estate Buyers Sellers 431

Housing Wire

JANUARY 26, 2021

According to the CoreLogic Buyer/Seller Market Indicator, which measures the ratio between sold price and list price, buyer competition reached a new peak nationally in October and November when the ratio climbed to 0.996 – the highest level since 2008, when the data series began. The 20-city composite showed a 9.1% in October.

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Inventory Housing Market Buyers Sellers 544

Housing Wire

MARCH 28, 2024

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. And when buyers of manufactured homes are unable to secure a loan, they must eitherscrape together the cash on their own or resort to seller financing—or forgo the purchase altogether.

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Business Finance Buyers Lending 407

Housing Wire

MAY 14, 2024

Another issue is home sellers’ bias against buyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers.

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Sellers Realty Insurance Realtors 282

Housing Wire

OCTOBER 3, 2023

“But we also understand there are situations where sellers may not want to enter the property into an MLS due to restrictions in showing it and many other unique scenarios.

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Realty Agents Clients Tenants 405

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 They bid $750,000 and again at $775,000, which the seller said would work. Boise, Idaho was the No.

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Marketing Realty Realtors Housing Market 531

Housing Wire

MAY 4, 2023

Slower housing market With mortgage rates remaining elevated, many sellers feel locked in by their current low mortgage rate. Due to limited options available on the market, buyers are increasingly turning to newly constructed homes, Xu added. . “Mortgage rates should be 5.55%, not 6.5%,” he said.

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Mortgage Inventory Housing Market Buyers 363

Housing Wire

MARCH 25, 2021

Unfortunately, this disproportionately affected the low end of the market, where supply is the slimmest, said Sam Khater, Freddie Mac’s chief economist. Many economists speculate rising rates will be the key to quelling construction woes, even if it does eventually take a slight toll on demand. That’s a full 5% drop.

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Mortgage Construction Realtors Inventory 541

Housing Wire

SEPTEMBER 21, 2022

With the Federal Reserve expected to raise interest rates by 75-basis points this week, the near-term future for the housing market appears gloomy. Higher mortgage rates are discouraging many potential home sellers from listing their property. Also potentially putting off some would-be sellers are the still rising home prices.

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Inventory Sellers Realtors Housing Market 364

Housing Wire

MAY 11, 2023

” “Meanwhile, the housing market continues to face challenges as home sellers are less active this spring. In addition to the “locked-in effect” of mortgage rates, sellers are facing another issue caused by high inflation: the increasing costs of home improvements prior to selling.”

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Mortgage Sellers Home Improvement Construction 357

Housing Wire

APRIL 26, 2021

The effects of low housing inventory continue to cause significant ripples in the housing market, as a recent Redfin report shows home sale prices across the country have reached an average of $344,625 — an all-time high, and an 18% increase year over year. That means the average home sold for 1% more than its asking price.

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Sellers Housing Market Marketing Buyers 450

McKissock

DECEMBER 10, 2021

As the end of the year approaches, housing market predictions for 2022 abound. Fortune reviews various 2022 housing forecasts, focusing specifically on home price growth. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you.

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Housing Wire

MAY 27, 2021

Record low rates lit the fire under what was a scorching hot market in 2020 with some economists speculating rising rates may be the best option for cooling it back down. Whether lenders want to lower costs or improve performance, outsourcing can strengthen a company’s operations regardless of the housing market.

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Mortgage Inventory Housing Market Construction 457

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. This is just one more arrow in their quiver.”

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Loan Officers Clients Mortgage Construction 356

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. In combination with low housing inventory and labor shortages, that drove up selling prices. real estate market is hot. Buyer demand continued.

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Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction.

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Real Estate Supply Chain Marketing Construction 435

Housing Wire

MAY 10, 2023

According to Yun, the Fed’s rate hikes have hurt regional banks and the housing market. Rent growth will decrease because apartment construction – entry units coming on the market – is already in the pipeline. In reflection of the current spring housing market, Sturtevant shares a similar view.

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Housing Market Insurance Realtors Buyers 352