Housing Wire

APRIL 15, 2024

The National Association of Mortgage Brokers (NAMB) announced a partnership with artificial intelligence (AI)-based video marketing platform Roomvu to provide mortgage brokers with marketing tools. Their innovative marketing technology is easy to use and is proven to move the needle in our industry.

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Marketing Real Estate Agent Tools Realtors 320

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.

Real Estate Agent 313

Real Estate Agent Inventory Realtors Buyers 313

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. In their place are slick videos, glossy Instagram marketing photos and digital business cards. “I As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6

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Real Estate Agent Real Estate Agents Brokerage 385

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. This is what I call a supply-constrained market. “In The perplexing part: Why are home prices not declining in this environment?

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Inventory Renovations Real Estate Government 453

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 356

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. Time savers: Because buying land can be a time-consuming process, you may want to use a realtor to save time.

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Realtors Buyers Real Estate Agent Appraisal 272

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 405

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market.

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Inventory Marketing Business Buyers 334

Housing Wire

JUNE 22, 2021

These are the words real estate agents use when asked to describe the current state of the market and what it’s like to buy a home today. Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Lack of inventory. We don’t have any inventory.

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Housing Market Real Estate Agent Marketing Inventory 413

Housing Wire

MARCH 18, 2021

One example is Colorado’s housing market, which has seen the effects of an insanely competitive market combined with low inventory push buyers into secondary cities – and sometimes, beyond. So, how are Pueblo real estate agents handling the unprecedented housing market activity?

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Housing Market Marketing Real Estate Agent Buyers 540

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). And some of you will say I want nothing to do with that.

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Loan Officers Real Estate Agent Real Estate Agents 487

Housing Wire

MARCH 6, 2023

With the industry cooling down slower than expected, LOs are having to work harder and get creative to overcome the double whammy of surging rates and a lack of inventory. Rising rates will likely scare buyers away from the market, as it makes monthly mortgage payments less affordable, loan officers interviewed by HousingWire said.

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Loan Officers Inventory Real Estate Agent Buyers 372

Housing Wire

MARCH 27, 2024

The National Association of Realtors (NAR) urged the U.S. Earlier this month, the NAR announced the settlement of various lawsuits filed by home sellers, which allege that the real estate industry colluded to keep agent commissions artificially high at 5% to 6% of a home’s sale price.

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Buyers Real Estate Agent Inventory Real Estate 441

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 425

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.

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Mortgage Real Estate Inventory Construction 362

Inman

JULY 12, 2023

Despite inventory hitting a 23-year low, the average Realtor ended last year on a solid note, according to the National Association of Realtors’ latest Member Profile survey, released Tuesday.

Real Estate Agent 120

Real Estate Agent Real Estate Realtors Agents 120

Housing Wire

MAY 20, 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. Bluffton, South Carolina. in 2021 to $330,745.

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Housing Market Marketing Real Estate Agent Real Estate 378

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term.

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Appraisal Marketing Real Estate Inventory 370

Housing Wire

NOVEMBER 18, 2020

Real estate agents across the country have made it clear – low inventory and low mortgage rates have kept them busy throughout the pandemic, especially in typical vacation destinations. That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland.

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Housing Market Marketing Real Estate Agent Agents 457

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. year-over-year. year-over-year. Presented by: Radian.

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Housing Market Marketing Realtors Inventory 424

Housing Wire

NOVEMBER 16, 2020

But the virus has had anything but a negative impact on real estate in El Paso. According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Interest rates were so low, at 2.5%

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Housing Market Real Estate Agent Marketing Real Estate 412

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “There is too much distraction in the market; there are some negative folks out there.

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Mortgage Real Estate Agent Renovations Finance 464

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.

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Agents Business Inventory Real Estate Agent 544

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. I’ve had many conversations with clients of mine from late April through early July, the market was total pandemonium. Presented by: NAMB.

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Housing Market Marketing Real Estate Agent Real Estate 534

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. It’s just a crazy competitive market.” “But a year ago, COVID-19 hit us, and we got even hotter.”

Real Estate 430

Real Estate Marketing Real Estate Agent Agents 430

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. While marketing to your sphere of influence, networking, and direct mail campaigns work, they can be time-consuming and they don’t always yield quick results.

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Real Estate Sellers Real Estate Agent Tools 379

Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. HousingWire caught up with real estate agents across the U.S.

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Housing Market Marketing Real Estate Agent Real Estate 545

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In We are a company of top agents.” Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%.

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Agents Brokerage Real Estate Clients 350

Housing Wire

MAY 29, 2024

The most challenging part of the last four years has been dealing with the fact that we have all these agents in hyper-mode dealing with multiple offers with no contingencies and all cash and everything flying off the shelves. So, as a leader, I am really trying to keep our agents energized and focused.

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Agents Real Estate Agent Real Estate Clients 314

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. If we were to look at the average commission rate for top agents and teams, we would find that it mirrors these results.” Congratulations!” You just sold your house.”

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Agents Real Estate Agent Brokerage Real Estate 396

Housing Wire

APRIL 30, 2021

But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on. “COVID just accelerated everything.”

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Housing Market Marketing Real Estate Real Estate Agent 542

Housing Wire

MARCH 15, 2024

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. You should be finding buyers before real estate agents anyway.”

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Buyers Agents Mortgage Real Estate Agent 498

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced.

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Housing Market Marketing Appraisal Inventory 369

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Some agents reported not having made any changes to their business due to the lawsuits, while others have.

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Agents Realtors Clients Real Estate Agent 348

Housing Wire

MARCH 13, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. New York City, New York In many ways the spring of 2022 marked the full return of New York City and for a real estate agent like Johnson Tsai, a lead agent at REAL, this meant a massive up-tick in rental demand. “We

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Housing Market Marketing Tenants Buyers 350

Housing Wire

DECEMBER 10, 2020

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight. Over 1,000 properties sold in less than 30 days.

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Housing Market Marketing Realty Realtors 431

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Real Estate Agent Real Estate Agents Reconsideration of Value 81