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The health of this housing market: Comparing 2024 data to 2011

Housing Wire

Let’s look specifically at the current market data compared to 2011. Why choose 2011? The housing bubble crash years of 2008-2011 saw a surge in foreclosures due to the lack of selling equity and this also profoundly impacted housing demand. Last week in 2011, 396,955 homes hit the market without a contract.

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Productivity report: The data on real estate agents vs. teams

Housing Wire

Starting in 2011, RealTrends started to compare the performance of the highest-producing 250 individuals with the highest-producing 250 teams. For this report, we looked at data from 2011 through 2022. in terms of closed transactions from 2011 to 2022. in terms of closed transactions from 2011 to 2022. over that period.

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Top 20 Markets for Single-Family and Multifamily Permits: 2011-2020

Eyes on Housing

Despite the volatility surrounding the recent COVID-19 pandemic, the housing market has shown remarkable resilience, fueled by demographic tailwinds and a housing shortage due to a decade of underbuilding.

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Howard Hanna acquires two independent brokerages

Housing Wire

Alliance Group Realty was founded in 2011 by Bob Clarkson and currently has over 70 agents. This acquisition expands the brand’s footprint in South Carolina and marks the entry of Howard Hanna | Allen Tate into the state’s Low Country region. Clarkson will remain with the firm, serving as an area manager and broker in charge.

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Senior-held home equity jumps to $14T in Q2

Housing Wire

As a frame of reference, in 2011, the collective level of senior-held equity sat at roughly $3 trillion. Senior homeowners were beneficiaries of the acceleration in home prices seen during the COVID-19 pandemic. By Q3 2021, it topped $10 trillion for the first time. And in Q1 2022, it exceeded $11 trillion.

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Keller Williams named to yet another profit-sharing lawsuit

Housing Wire

Jana Caudill was a sales associate with Keller Williams from February 1, 2001 to December 14, 2011, and Dennis Caudill was a sales associate with Keller Williams from February 1, 2001, to December 14, 2011. District Court for the Northern District of Indiana.

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CFPB fair lending head to depart for Fannie Mae

Housing Wire

Patrice Ficklin, who has served at the Consumer Financial Protection Bureau (CFPB) since the agency’s founding in 2011, will depart for Fannie Mae to serve as the government-sponsored enterprise’s fair lending officer. The news was first reported by American Banker.

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