Housing Wire

MARCH 9, 2022

the M&A-hungry parent of cloud-based real estate brokerage Fathom Realty , achieved supercharged growth in 2021. During the fourth quarter Fathom Realty agents completed 10,800 transactions — a 43% year-over-year increase. Fathom Holdings Inc. , In its quarterly earnings report on Tuesday, the company revealed a $12.5

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Inventory Brokerage Realty Real Estate 313

Housing Wire

APRIL 24, 2024

Despite the population growth, Dallas has still had to contend with the realities of high mortgage rates and tight housing inventory — factors that have mortgage lenders , brokerages and other real estate professionals fighting for their share of shrinking pies. In the past five years, eXp Realty has done just that.

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Brokerage Realty Marketing Real Estate 327

Housing Wire

MARCH 27, 2024

Those advantages, coupled with cheap land, made the city a favorite for homebuilders like DR Horton and Lennar that brought plenty of new inventory to market. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed. Competition heats up In 2019, Watson Realty Corp.

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Brokerage Realty Real Estate Inventory 381

Housing Wire

MARCH 22, 2024

Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing. The 2023 housing market was a period of uncertainty with low inventory and industry challenges. In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game.

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Brokerage Real Estate Agents Realty 442

Housing Wire

FEBRUARY 23, 2024

Local agents attribute at least some of the market’s hotness to the inventory situation. It’s bad, like really bad,” Doug Danzey, the leader of the eXp Realty brokered teamerage The Cobalt Group , said. “We I think the big driver of the lack of mobility and inventory in today’s market is the interest rates,” Stella said.

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Housing Market Marketing Inventory Buyers 464

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 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” From a seller’s standpoint it may make a bit more sense to sell now, so we are creating some more inventory and buyer are taking advantage of lower rates and more stable home prices.” Last year was a tough one for the Indiana real estate market.

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Housing Market Marketing Inventory Construction 395

Inman

AUGUST 8, 2023

The low-inventory problem has consumed many agents' minds for years. Top agents shared at Inman Connect how they stay ahead of the game by drilling down into some of these strategies.

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Inventory Agents Realty Real Estate 135

Housing Wire

MAY 14, 2024

“People who already own homes are less likely to be buyers right now because they are holding onto their properties because of low interest rates ,” Joe Cilic, the team lead of the Sotheby’s International Realty -brokered Cilic Group , said. At the lower price points, they are pretty common,” Cilic said of multiple offer situations.

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Housing Wire

FEBRUARY 22, 2024

The hope is that a potential cooling of interest rates will contribute to a stronger market in 2024, according to Florida Realtors President Gia Arvin, a broker-owner with Matchmaker Realty in Gainesville. But the addition of new inventory has also pulled the Florida housing market out of multiyear lows.

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New Listings Realtors Real Estate Inventory 394

Housing Wire

APRIL 12, 2024

“Sellers will want top dollar for their property, but we are seeing buyers starting to look at negotiating things like closing costs or buying down their interest rate,” said Jessica Huber , a Keller Williams Realty First Choice agent based in Prairieville. Another indicator of the slower market conditions is the statewide rise in inventory.

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Insurance Housing Market Marketing Agents 380

Inman

MARCH 13, 2023

Leaders and agents who took Inman's first Intel leadership survey said inventory is among their biggest challenges right now — but growing in 2023 isn't out of the question.

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Inventory Agents Realty Real Estate 140

Housing Wire

OCTOBER 28, 2022

With rising rates, inflation, a complete switch to purchase and continued inventory constraints there will be a lot for our panel to talk about. We’ll take a look back at 2022 and into 2023 from a marketing strategy standpoint. Watch the full session below. To go back to the full HousingWire Annual 2022 on demand page, go here.

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Housing Wire

APRIL 25, 2024

I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We Looking further into the spring and summer months, agents are optimistic that more inventory will hit the market, but they do not believe it will be enough to satiate demand. “We

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Buyers Marketing Inventory Investors 374

Housing Wire

FEBRUARY 21, 2024

Those sales include “major buyers” like Inland , Blackstone, Starwood and American Realty Advisors , the company pointed out in its report. Even at the reduced pace of construction, that still means about 20% of all build-to-rent inventory is under construction today. In 2022, build-to-rent transactions totaled about $2.1

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Investors Construction Real Estate Inventory 421

Housing Wire

AUGUST 10, 2020

As new contract signings are outpacing new listings due to low inventory, properties sold typically within 26 days in the four weeks leading up to August 2, NAR said. Homes on the market sold four days faster year over year, as total inventory is down 35%. Now, agents are showing and selling nonstop.

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Agents Business Inventory Real Estate Agent 544

Housing Wire

MARCH 12, 2024

Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% In the past, we never talked about co-borrowers — obviously, husband and wife, you know, that’s your co-borrower,” said Edgar Garcia, a real estate agent at Revolve Realty in El Paso, Texas. In total, more than 9.5

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Real Estate Agent Real Estate Buyers Realty 439

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. Ocala, Florida -based Foxfire Realty is the latest firm to join a national brand, announcing its move to RE/MAX on Wednesday.

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Brokerage Technology Agents Training 345

Housing Wire

MARCH 31, 2023

These execs have been faced with navigating a complex and rapidly-changing landscape that includes the rollercoaster ride of low inventory, rising mortgage rates and shifting regulations. As the housing market continues to face volatility, the role of CFO has become increasingly critical.

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Finance Realty Property Management Real Estate 314

Housing Wire

FEBRUARY 13, 2024

Century 21 Regency Realty agent Cheryl Piccinini has lived and traveled all over the world, but there is no place she would rather be than Alabama. “No Inventory was the theme last year and it is shaping up to be the theme this year,” Ellison said. You can find the city, the country. We’ve got beaches. It is just an amazing place.”

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Construction Supply Chain Inventory Agents 353

Housing Wire

JUNE 1, 2022

I’m sure you’ve all heard ad nauseam about the low housing inventory impacting the market. The top four — Realogy Brokerage Group , HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S. And, the top firms grew market share at record rates. In the franchise category, No.

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Brokerage Real Estate Realty Insurance 345

Housing Wire

JULY 1, 2022

On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory. Sotheby’s International Realty. Realty ONE Group. eXp Realty. Connecting with clients and consumers has never been an easy task, and today’s market has been no exception.

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Marketing Realty Real Estate Lending 382

Lamacchia Realty

MARCH 24, 2022

Watch the video to see Anthony fully explain the LamacchiaLinks system: Considering the record low on market inventory in the past few years , LamacchiaLinks has been a huge value for both Lamacchia Realty REALTORS® and their clients. Check out the most recent one below!

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Housing Wire

SEPTEMBER 30, 2020

“There’s a lot of homeschooling going on in this hybrid world, and it’s difficult,” Realtor Vesna Kanacki with Century 21 Full Service Realty in New City, New York, told HousingWire. Jackie Merchant, Realtor at Coldwell Banker Realty in Sacramento-Sierra Oaks, said she doesn’t think her market will be slowing down anytime soon.

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Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

AUGUST 14, 2023

It is also the city Jesse “Weno” Dominguez, an agent at Imagine Realty Group, calls home. “I And while the seven-day moving average for single-family inventory was just 36 homes as of June 2023, it is far better than the 15 homes listed in mid-May of 2023. I’m concerned about not having inventory,” he said. “I

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Housing Market Marketing Inventory Agents 288

Lamacchia Realty

MARCH 17, 2022

In true Lamacchia Realty fashion, there was a contest held between January 1 st, 2022, and February 28 th, 2022 to see what REALTOR® could list the most properties in the two-month span. At a time when inventory levels were at record lows, the extra incentive to get listings on the market benefitted everyone involved. marketing ?

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Realty Realtors Clients Training 68

Lamacchia Realty

MAY 6, 2021

Lamacchia Realty has officially launched its completely revamped website. The main page makes their mission statement clear , no matter what your goals are, Lamacchia Realty will guide you to your success. Lamacchia Realty Ranked in the 2021 Mega 1000. Lamacchia Realty officially ranked 358th by sales. Cole Gargaro.

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Realty Brokerage Sellers Renovations 65

Lamacchia Realty

JANUARY 6, 2022

In 2021, Lamacchia Realty continued its record growth across the company. The company went into the year with big goals despite the unprecedented low inventory and challenging market, particularly at the beginning of the year. Beyond the data and numbers, Lamacchia Realty had a big year in many ways. Jackie Louh.

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Realty Realtors Training Brokerage 77

Housing Wire

SEPTEMBER 30, 2021

This is sick, and I want it to end,” said Sharon Aubuchon, a RE/MAX Premier Realty agent in Prairie Village, Kansas a suburb of Kansas City. “It Besides a high-demand, low-inventory market, Aubuchon must contend with a new competitor on the block. Kansas City, Missouri. It is like ten kids fighting over one ice cream cone.

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Housing Market Marketing Real Estate Agent Loan Officers 329

Housing Wire

JUNE 21, 2022

The 2021 real estate market was one for the ages: record low interest rates and housing inventory gave way to record high home prices and sales. Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!)

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Brokerage Real Estate Realty Agents 294

Housing Wire

DECEMBER 10, 2020

Michael Martin, broker and owner of Des Moines Realty Group , said that there has been an increase in new construction, with home price points ranging from $250,000 to $300,000, which also attracts first-time homebuyers. Housing inventory in the Des Moines housing market is tight. So, it’s been absolutely nuts.”.

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Housing Market Marketing Realty Realtors 428

Housing Wire

MARCH 1, 2021

But the market is also beset by a 40 percent decrease in year-over-year inventory, Butler said. Watson Realty Corp. and Florida Home Realty & Mortgage are the top Jacksonville brokerages by sales volume, according to RealTrends 2019 data. “Have you been seeing the news?” Butler said, with a laugh. The market is incredible.”.

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Investing Brokerage Realty Agents 385

Housing Wire

OCTOBER 21, 2021

Burlington has seen an influx of people even prior to COVID,” Claire Kavenaugh, a local eXp Realty agent said. Exacerbating the issue of soaring demand is an incredibly low level of inventory. “At At the moment we have about four weeks of inventory,” Mannix said. “A COVID kind of ramped things up even more.

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Buyers Inventory Agents Realty 344

Housing Wire

APRIL 22, 2021

Robbin Sutton with DASH Realty Carolina has been a broker for 20 years, and she’s never seen anything like the current housing market in the Raleigh-Durham metro. I’ve had a few couples from New York — Manhattan and Brooklyn — that come down here armed with cash, but inventory is low and there’s nothing for them.

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Buyers Inventory Renovations Realty 423

Housing Wire

NOVEMBER 8, 2023

Shrinking share, continuing losses The leading iBuyers have accounted for more than 1% of existing sales in only one year: when Zillow was clearing its books of the ill-fated Zillow Offers’ inventory. Growth prospects At the end of September 2022, Opendoor had 16,873 homes in inventory. Opendoor’s stock closed at $2.09

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Marketing Inventory Renovations Investors 395

Housing Wire

DECEMBER 28, 2021

The managing partner of ACCEL Realty Partners in Boise, Steve Caporale, said that the video gave him pause, especially since, “The market has been softening a bit.”. But since June 30, prices have leveled off to about $530,000, according to data provided by Stacie Herrig, who is a Boise-based agent at Fathom Realty.

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Real Estate Realty Brokerage Realtors 440

Housing Wire

JULY 22, 2021

said Abbott, an agent at Coldwell Banker Realty. The low-inventory market, Abbott said, has forced her to steer buyers to newly built homes, even if those homes are architectural duds, or in less appealing areas. “I remember wondering, ‘What are you possibly thinking?’ The people were not very realistic.”

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Housing Market Marketing Architecture Real Estate Agent 404