Housing Wire

NOVEMBER 18, 2022

That’s the largest year over year existing home sales decrease since 2007. More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. Existing home sales last month declined 5.9%

Housing Market 403

Housing Market Marketing Inventory New Listings 403

Lamacchia Realty

JANUARY 5, 2023

has released their “Top Producing REALTORS®,” for December 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! Laurie is consistently named a top producing REALTOR® for the office as well as company-wide !

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Realtors Realty Real Estate Agents 72

Lamacchia Realty

JUNE 6, 2022

has released their “Top Producing REALTORS®,” for May 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! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

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Realtors Realty Real Estate Clients 67

Lamacchia Realty

NOVEMBER 3, 2021

has released their “Top Producing REALTORS®,” for October 2021! 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! Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.

Realtors 66

Realtors Realty Real Estate Agents 66

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. million, with a peak in 2007 a tad over 4 million. NAR lists the current inventory at 1.22

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Inventory Marketing Housing Market New Listings 471

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 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. The job-loss recession added more forced credit selling into the mix.

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Housing Market Marketing Inventory Realtors 521

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!

Realty 71

Realty Clients Insurance Agents 71

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. LOs that remain will get stronger and better.

Mortgage 381

Mortgage Loan Officers Inventory Retail 381

Housing Wire

MAY 18, 2023

In 2007, for context, we were a tad above 4 million. From NAR : First-time buyers were responsible for 29% of sales in April; Individual investors purchased 17% of homes; All-cash sales accounted for 28% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 22 days.

Housing Market 532

Housing Market Marketing Inventory Mortgage 532

Empire Appraisal Group

MAY 13, 2021

source: ‘This Isn’t a Bubble’ | Realtor Magazine. housing market is on a hot streak with double-digit annual gains in home prices, bidding wars, and surging buyer demand. Lawrence Yun, chief economist of the National Association of REALTORS®, agrees. ‘This Isn’t a Bubble’. He told Axios last month: “This is not a bubble.

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Housing Market Realtors Inventory Finance 78

Lamacchia Realty

OCTOBER 25, 2023

Now, a year and a half later, with rates up to 8%, buyer affordability is significantly diminished. Coming from the frenzied pandemic market where inventory was at historically low levels , sellers are holding the line and buyers are still the ones competing in this market. In the graphic to the right, you can see this more clearly.

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Bracketing Marketing Sellers Buyers 65

Lamacchia Realty

JUNE 21, 2022

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

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Housing Market Bracketing Marketing Sellers 65

MN Real Estate Services

JUNE 24, 2016

The median price of an existing home sold in May hit a record $239,700, according to the National Association of Realtors, which began tracking prices in 1968. The evidence is in the high sales reported by the National Association of Realtors. Existing home sales for May 2016 released by the National Association of Realtors.

Finance 78

Finance Realtors Real Estate Retail 78

Empire Appraisal Group

JULY 6, 2022

Wary buyers and rising interest rates may affect some U.S. Still, most economists are not predicting the catastrophic housing crash of 2007-2009 when there was a surplus of homes nationwide and a market saturated with bad mortgages. Unlikely to Feel Impact from Slowing Market | Florida Realtors. markets, but Fla.’s Source: Fla.

Marketing 78

Marketing Landlords Real Estate Tenants 78

Lamacchia Realty

AUGUST 3, 2021

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. But if the home has been available long enough, it’s time to consider adjusting the list price to gain more visibility from more potential buyers.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Housing Wire

JANUARY 27, 2023

Back in the 2007-2009 meltdown, we had loan officers with us at that time. We are going to pursue the investor niche aggressively, meeting very specific realtors. We have our virtual assistants and our team looking for realtors who focus heavily on investment properties.” I thought it was sparse.

Lending 374

Lending Real Estate Agent Loan Officers Retail 374

Housing Wire

MARCH 21, 2024

From the National Association of Realtors : Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – bounced 9.5% In 2007, they were 4 million. The purchase application data has weakened as mortgage rates headed higher earlier in the year. million in February.

Inventory 469

Inventory Housing Market Mortgage Marketing 469

McKissock

SEPTEMBER 7, 2021

Increasing inventory is generally a sign that buyers have stopped buying (due to prices being too high or a lack of consumer confidence), or there are just fewer ready, willing, and able buyers in the marketplace. This pattern often indicates that those buyers who can afford to buy already have. in the past year.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? Top Ranked Realtors: Paige Martin & The Houston Properties Team. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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 340

Marketing Inventory Buyers Housing Market 340

Listing Spark

JUNE 27, 2023

Mortgage interest rates have hit 7%, their highest since August 2007 2. It’s definitely a seller’s market: Buyer sentiment sags in poll. If you’re in Texas and considering selling, the current conditions suggest that waiting may not be in your favor. References Carter, M. 2023, June 09). 2023, June 16).

Real Estate 69

Real Estate Sellers Inventory Marketing 69

Housing Wire

DECEMBER 20, 2023

From the National Association of Realtors (NAR): Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – elevated 0.8% For all the people screaming it’s housing 2008: Remember, we had 4 million active listings in 2007, and the annual monthly supply was 10.8

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Housing Market Marketing Inventory Realtors 445

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? We’ll dive into how the current real estate market is affecting buyers, sellers, and investors with Ellen Steele, a Realtor with ListingSpark that has had over $10M in sales in the last 12 months.

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Real Estate Sellers Buyers Real Estate Agent 36

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. million, according to the National Association of Realtors. respectively. Census Bureau. Housing starts rose 1.2%

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Buyers Construction Realtors Inventory 543

Housing Wire

AUGUST 26, 2021

But the average loan size on purchase mortgage applications fell, he said, “which is potentially a sign that more first-time buyers looking for lower-priced homes are being helped by the recent uptick in for-sale inventory for both newly built homes and existing homes.”. Nevertheless, the National Association of Realtors reported 5.99

Mortgage 473

Mortgage Inventory Government Construction 473

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Inventory rises when more sellers are listing than buyers are buying.

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Bracketing HOA Sellers Buyers 60

Appraisal Today

AUGUST 25, 2023

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. Because the outage affects both appraisers who are REALTORS® (members of NAR) and those who are not REALTORS®, NAR and RPR have taken steps to expand access to all appraisers.

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Best Houston Realtors: Paige Martin & The Houston Properties Team. Best Houston Realtors: Paige Martin & The Houston Properties Team.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Lamacchia Realty

APRIL 15, 2022

Rates dropped to historic lows to keep buyers buying, prompting an influx of new applications and re-finances as obtaining a mortgage was more affordable than ever. Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever. Available Inventory.

Marketing 66

Marketing Sellers Buyers Inventory 66

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. At least buyers will have more options and time to weigh their decision to purchase a home – but at what cost to the bottom line? The next 12-24 months are likely going to be quite a challenge for prospective buyers.

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Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

MAY 9, 2022

This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows).

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

That’s the most since 2007. The Institute outlined four ways innovative builders could accommodate the emerging buyer wants: Immersion into nature. Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. BY THE NUMBERS. >> Buyers secured 3.8 That’s fair.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. this year. >>

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 million for sale today.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

SEPTEMBER 28, 2022

Half of non-homeowners (51%) say student loan debt is delaying them from buying a home, according to a survey from the National Association of Realtors ®. Student debt is no longer just a first-time home buyer problem, says Cale Iorg, a loan officer at Supreme Lending in Alpharetta, Ga. “We You’re not alone.

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Buyers Loan Officers Mortgage Realtors 36