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Pending home sales continue to slip as 2021 approaches

Housing Wire

year-over-year, according to a report from the National Association of Realtors. Year-over-year, contract signings increased by 16.4%. from its former high in July 2006, and was up 8.4% Although month-over-month contract activity fell in all four major regions, there were still gains in pending home sales transactions.

Contracts 532
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Rising home prices take a toll on pending home sales

Housing Wire

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% pending home sales fell 1.1% compared to a year ago.

Realtors 532
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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

million, according to the National Association of Realtors. Due to the minimal use of adjustable-rate mortgages (ARMs), teaser rates and exotic mortgage products, relatively few current single-family borrowers are subject to payment shocks from rising interest rates in the way many borrowers were in 2006-2008,” the ESR group said.

Contracts 414
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Homebuyers drawn to cheaper areas in Midwest and South

Housing Wire

Pending home sales rose in August, following two consecutive months of decline, according to the National Association of Realtor’s pending home sales index report released on Wednesday. Homebuyer contract signings in the U.S. rose 8% month-over-month from July to August, though the figure was still 8.3%

Contracts 374
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Lamacchia Realty Announces Top Producing REALTORS® for March 2022

Lamacchia Realty

has released their “Top Producing REALTORS®,” for March 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Kelly joined the 2021 Lamacchia Realty President’s Club for the first time !

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Recruiters turn to AI in their quest to lure top agents

Housing Wire

Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits. Agents are the lifeblood of real estate brokerages.

Agents 308
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The evolution of the more productive real estate agent 

Housing Wire

As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless.