Housing Wire

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. from its former high in July 2006, and was up 8.4% The National Index is now up 24.5%

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Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. The real story in housing has been the price boom that we have seen since 2020.

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Housing Wire

SEPTEMBER 29, 2021

Increased inventory of homes for sale, near historic low mortgage rates and favorable demographics means more housing demand, ” Odeta Kushi, the First American deputy chief economist said in a statement. This is a strong purchase market and the uptick in inventory is bringing back some buyers who pulled back during peak frenzy.”.

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Eppraisal

DECEMBER 2, 2021

There is a lot in the news about the real estate market and how home values are rising, inventory and interest rates are low, and the like. The one issue that doesn't get much attention is real estate agent safety. It can be dangerous out there in the world of real estate.

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Empire Appraisal Group

MAY 13, 2021

source: ‘This Isn’t a Bubble’ | Realtor Magazine. Lawrence Yun, chief economist of the National Association of REALTORS®, agrees. The median selling price for a home is up $35,000 compared to a year ago, which is the fastest-paced increase since 2006, Tirupattur said. But this isn’t 2006. ‘This Isn’t a Bubble’.

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Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Gault and Wexler both came from real estate families and have been in the industry for over 20 years.

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Housing Wire

FEBRUARY 14, 2022

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. In July, the National Association of Realtors reported that 87% of its over 1.5 Redfin, on the other hand, has had agents as employees since Glenn Kelman founded it in Seattle in 2006.

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Empire Appraisal Group

SEPTEMBER 8, 2022

Nowhere in Sight | Florida Realtors. The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune). In recent years, however, the real estate market has been resilient, through the ups and downs of the U.S. Housing Market Collapse? Nowhere in Sight.

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McKissock

SEPTEMBER 7, 2021

Following the pandemic, we are experiencing a surging real estate market, which begs the question: Is there a market correction on its way? Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. Petersburg/Clearwater Florida MLS, listing inventory began increasing.

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Housing Wire

APRIL 16, 2021

“The March pace was the second strongest since 2006, surpassed only by this past December’s reading,” Duncan said. Single-family housing starts ended 2020 on a high note, reaching a 1.338 million-unit pace in December — the highest pace since 2006. That’s depleting inventory across the country. from February.

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Empire Appraisal Group

APRIL 22, 2021

Source: Housing Demand Likely to Stay High for Years to Come | Florida Realtors. Between a wave of foreclosures, rising rents, and underbuilding of new homes, the housing market became much harder to crack into from 2006 to 2017. Housing Demand Likely to Stay High for Years to Come. MECKLENBURG, Tenn. –

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Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. “Last month, existing home sales recorded their best bottom line in any April since 2006,” Speakman said. ” While borrowers battle it out in the bidding trenches, unsold inventory sits at a 2.4-month from March to 5.85

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Housing Wire

SEPTEMBER 23, 2022

The claim by the authors that single-family rental home companies “swoop up much of the inventory” of homes from potential homebuyers is, in fact, not supported by the data in any way, shape, or form. of the nation’s total housing inventory. million) in the prime household formation years of 25 to 34 than there were in 2006.

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Housing Wire

DECEMBER 29, 2020

from its former high in July 2006. Home prices have continued to increase this year as a result of low inventory and high demand for homes. million, according to the National Association of Realtors. The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. census divisions, reported an 8.4% respectively.

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Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager.

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Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. It’s because homeowners look great financially, they live in their homes longer than ever and the inventory shortage is creating forced bidding,” he says.

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Clear Capital

AUGUST 30, 2021

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. What happened to real estate prices in 2013? Download the report , or read it below.

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Housing Wire

JANUARY 22, 2021

Existing home sales rose in December, and total home sales in 2020 reached the highest level in 13 years, according to the National Association of Realtors. Total housing inventory at the end of December totaled 1.07 The post 2020 home sales hit highest level since 2006 appeared first on HousingWire. A total of 5.64

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Will Springer Realtor

MAY 12, 2021

This was the fastest pace for combined single-family and multi-family construction since June 2006. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. They have declined for two consecutive months, according to the National Association of Realtors®.

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Housing Wire

JANUARY 21, 2021

Single-family housing starts ended 2020 on a high note, rising 12% in December to a 1.338 million unit pace – the highest pace since 2006, according to the Census Bureau. Lawrence Yun, National Association of Realtors chief economist, is optimistic the housing sector will be a major player in the economy’s recovery in 2021.

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Construction Loan Officers Realtors Buyers 542

Will Springer Realtor

MAY 9, 2022

He was one of the authors of a recent report that found signs of a housing bubble in the real estate market. Real estate data firm CoreLogic puts housing markets into one of five categories based on the likelihood that home prices will fall over the coming 12 months. The national numbers are starting to be concerning.

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Will Springer Realtor

AUGUST 9, 2021

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. The National Association of Hispanic Real Estate Professionals also noted the median age of the Latino population is 29.8, million to 6.8 million home sales.

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