Housing Wire

JUNE 16, 2021

The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. How real estate agents can alleviate consumer pain points in a tight market. How real estate agents can alleviate consumer pain points in a tight market. Presented by: Move Sales.

Real Estate Agent 464

Real Estate Agent Construction Real Estate Inventory 464

Housing Wire

AUGUST 21, 2023

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Transactly , a real estate transaction platform that provides automation, integrations and tech-enabled services that significantly reduce process time, placed 126th in 2023. The self-reported list ranks U.S.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

JUNE 21, 2022

Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Here’s one data point for you.

Investors 387

Investors Renovations Inspection Government 387

Housing Wire

DECEMBER 29, 2021

Each year RealTrends releases its list of the highest performing real estate agents in the country, and, like clockwork, Ben Caballero of Dallas-based HomesUSA tops the list. And are these numbers for real? As for the numbers…they are kind of real. Caballero is like any real estate listing agent, on the hunt for clients.

Realtors 302

Realtors Real Estate Agent Agents Real Estate 302

Housing Wire

MARCH 23, 2023

This business model means that the builders are very mindful of the demand for their product and keep an eye out on their main competition, the existing home market, where supply is cheaper for a buyer. This is a massive difference in inventory data and a plus for the homebuilders, which they didn’t enjoy in 2007.

Inventory 531

Inventory Housing Market Construction Marketing 531

Housing Wire

AUGUST 18, 2021

in July compared to the prior month, an indication that construction supply lines are still choked and near record-high home prices are shutting out scores of buyers. “There are now almost 690,000 single-family homes under construction – the largest number since 2007. Housing starts in the U.S. million units. .

Supply Chain 483

Supply Chain Construction Inventory Buyers 483

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. Listen to the full episode for Spring 2023 trends in the Texas Real Estate Market.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Housing Wire

DECEMBER 19, 2022

This trend has made it easier for buyers with financing and other contingencies to purchase a home. Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It And our buyers that do get under contract are a little bit more skittish and quicker to cancel, so I have seen a high number of back-on-markets.”

Marketing 322

Marketing Inventory Buyers Housing Market 322

Housing Wire

MARCH 21, 2024

In 2007, they were 4 million. From NAR: First-time buyers were responsible for 26% of sales in February; Individual investors purchased 21% of homes; All-cash sales accounted for 33% of transactions; Distressed sales represented 3% of sales; Properties typically remained on the market for 38 days. Today, they are 1,070,000.

Inventory 450

Inventory Housing Market Mortgage Marketing 450

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. ” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. Confused by this?

Inventory 505

Inventory New Listings Housing Market Sellers 505

Housing Wire

DECEMBER 29, 2020

Craig Lazzara, managing director and global head of Index Investment Strategy at S&P Dow Jones Indices, said that it’s likely COVID-19 has pushed buyers to move from urban apartments to suburban homes. Single-family housing starts saw their highest gain since 2007 in November, according to the U.S. respectively.

Buyers 542

Buyers Construction Realtors Inventory 542

Housing Wire

DECEMBER 29, 2022

The housing sector — especially real estate and mortgage — has seen significant layoffs , while the general economy will create more than 4 million jobs in 2022. Key thing to remember: A traditional seller is also usually a buyer. The issue is that when housingw as in a recession in 2007, we had a massive spike in supply.

Housing Market 545

Housing Market Marketing Inventory Sellers 545

Housing Wire

JUNE 7, 2022

According to the report, institutional investors that jumped into the single-family properties market following the housing market crash in 2007 to convert them to rentals also played a role. This proved to be a profitable business model but served to reduce home inventory,” said Sklarz.

Inventory 413

Inventory Housing Market Investors Sellers 413

Housing Wire

DECEMBER 20, 2023

From NAR : First-time buyers were responsible for 31% of sales in November; Individual investors purchased 18% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 25 days. So, let’s not make that mistake in 2024. Unsold inventory sits at a 3.5-month

Housing Market 428

Housing Market Marketing Inventory Realtors 428

Housing Wire

MAY 14, 2021

Not to mention, during the 2007 housing market crash, some had just bought their first homes and unfortunately, lost their homes during the crash. And are hopefully more financially stable than the average 20 something-year-old. But that’s not the only reason this generation is shopping for their dream home now.

Housing Market 543

Housing Market Marketing Buyers Real Estate 543

Housing Wire

OCTOBER 27, 2020

The supply of for-sale homes, already extremely tight, has only become more constrained in recent months, and historically low mortgage rates continue to encourage many buyers to enter the market,” said Matthew Speakman, economist at Zillow. Census Bureau.

Technology 525

Technology Housing Market Investing Mortgage 525

Housing Wire

AUGUST 1, 2023

Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. The number of buyers has been surprising. During the GFC, inventory rose in 2007, 2008, 2009 and 2010. Home prices declined subsequently.

Inventory 341

Inventory Contracts Buyers Mortgage 341

Housing Wire

JUNE 27, 2023

In 2007, we had more than 4 million total active listings, which was too much supply for the builders to compete effectively. This means new homes — with all the bells and whistles — can peel some buyers from the existing home sales market, especially if they pay down mortgage rates. Now on to the report.

Construction 480

Construction Inventory Marketing Buyers 480

Housing Wire

NOVEMBER 18, 2022

That’s the largest year over year existing home sales decrease since 2007. “Many prospective buyers are still taking a ‘wait-and-see’ approach to see if rates fall further. Existing home sales last month declined 5.9% from September to a seasonally adjusted annual rate of 4.43 year over year. ”

Housing Market 386

Housing Market Marketing Inventory New Listings 386

Housing Wire

APRIL 9, 2021

“First-generation buyers who do buy homes often take on greater debt to do so or delay homeownership for years, making it difficult for homeowners of color to build wealth at the same pace as white homeowners,” said Jung Choi, a senior research associate with the Housing Finance Policy Center. million, 5 million, 4.37

Finance 433

Finance Housing Market Buyers Mortgage 433

Housing Wire

JANUARY 17, 2024

That’s a role those government-sponsored enterprises (GSEs) have not played since prior to entering into conservatorship in the wake of the global financial crisis of 2007-2008. I think supply and demand is more or less settled out at fair value ranges [in a post-Covid world where the Fed is not the major buyer in the MBS market].

Marketing 338

Marketing Investors Mortgage Finance 338

Lamacchia Realty

JANUARY 10, 2024

Anthony Lamacchia Broker/Owner Heidi has been successfully helping buyers and sellers find success since 2007, armed with her vast industry experience, resources, and the continuous education she pursues – all to benefit her clients! Heidi is an impressive agent and her commitment to her clients knows no bounds.

Realty 71

Realty Clients Insurance Agents 71

Housing Wire

APRIL 2, 2021

“The prime-age labor force participation rate fell in the aftermath of the Great Recession and it took a decade to return to the pre-Great Recession average (2001-2007) of 83%,” Kushi said. The lack of available homes on the market is taking a toll on the marginal buyer who is feeling an affordability squeeze.

Inventory 497

Inventory Construction Housing Market Business 497

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Review current Houston real estate data & lessons from past hurricanes and trends. For the broad Houston real estate market, all major indicators point to growth during the year. Why We're Fearful: Buyer & Seller Mistakes.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Listing Spark

OCTOBER 27, 2022

The real estate market is ever changing for buyers, sellers, and investors. Should buyers still be staying in with current interest rates? And what can we expect from the Texas real estate market in 2023. 00:02:26] How buyers, sellers, and investors are adjusting to the current real estate market.

Real Estate 36

Real Estate Sellers Buyers Real Estate Agent 36

Housing Wire

MAY 26, 2022

But we should ask: Why is inventory so much lower now if purchase application data is at 2009 levels — a period in time when inventory was rising noticeably in 2006, 2007, 2008 and 2009? Housing tenure ran at five to seven years from 1985-2007 and now is 11-13 years from 2008 2022.

Inventory 492

Inventory Housing Market Construction Marketing 492

Housing Wire

MAY 19, 2022

This was a big reason why we saw the monthly supply data pick up in 2006, 2007 and 2008 — all before the job-loss recession happened late in 2008. Even though mortgage rates are historically low, they still always matter because mortgage buyers are the biggest homebuyers in America. We still have some legs to move lower in sales.

Housing Market 514

Housing Market Marketing Inventory Realtors 514

Housing Wire

JUNE 2, 2022

How can high prices be sustained when a buyer’s buying power is stretched so thin? Here’s where you, the real estate professional, can set yourself apart from the negative headlines driving uncertainty in the market today. Throw in rising rates and you get is ensuing panic. How data can help you interpret trends.

Housing Market 433

Housing Market Supply Chain Construction Clients 433

Lamacchia Realty

MAY 7, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 72

Realtors Realty Real Estate Clients 72

Simonson Real Estate

JANUARY 25, 2022

As we move into a new year, it’s natural to question what’s in store for the commercial real estate market in 2022. Several brokers shared very strong demand exists from buyers. People are securing their real estate. Buyers want to buy. With that, also comes great opportunity. Let’s dive right in.

Marketing 131

Marketing Construction Real Estate Lending 131

Housing Wire

SEPTEMBER 13, 2022

Traditionally speaking, post-2012, inventory growth came in years where demand was weaker from mortgage buyers: 2014 and 2022. As you can see, even though purchase application is below 2008 levels, total inventory is far from the peak levels we saw in 2007 of over 4 million listings, currently we’re at 1,310,000.

Mortgage 513

Mortgage Inventory New Listings Sellers 513

Boston Appraisal

JULY 22, 2019

Despite the continued appreciation, both real estate economists and the general public are starting to worry about the shadow of a second recession (the dramatic downturn of 2007 still on their minds). The best-faring markets in this area are the ones that remain relatively affordable for most buyers, notably Rochester, NY.

Marketing 78

Marketing Housing Market Real Estate Buyers 78

Listing Spark

JUNE 27, 2023

The Texas real estate market, like the rest of the nation, is evolving. ” Doug Duncan, Fannie Mae’s chief economist Texas Real Estate Market: An Inside View Similar trends are evident in the Texas real estate market. Mortgage interest rates have hit 7%, their highest since August 2007 2.

Real Estate 69

Real Estate Sellers Inventory Marketing 69

Housing Wire

SEPTEMBER 22, 2022

I go into real estate offices and Realtors have zero listings for the week,” said the LO, who requested anonymity to protect the business of her partners. “I Despite the market slowdown, it hardly resembles the subprime mortgage crisis of 2007, loan officers and mortgage brokers said.

Mortgage 375

Mortgage Loan Officers Inventory Retail 375

Boston Appraisal

JULY 22, 2019

Despite the continued appreciation, both real estate economists and the general public are starting to worry about the shadow of a second recession (the dramatic downturn of 2007 still on their minds). The best-faring markets in this area are the ones that remain relatively affordable for most buyers, notably Rochester, NY.

Marketing 78

Marketing Housing Market Real Estate Buyers 78

Lamacchia Realty

DECEMBER 26, 2023

ANTHONY LAMACCHIA'S 2024 REAL ESTATE MARKET PREDICTIONS Anthony is obsessed with tracking the data and in this article written at the end of 2023 he explains how the market is shaping up based on trends and what Buyers and Sellers can expect in 2024. In typical rate rising cycles, there is a lack of buyers.

Sellers 74

Sellers Real Estate Buyers Inventory 74