Housing Wire

JANUARY 26, 2021

Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% as prices in November rose 9.5% nationally over the same time last year, according to the S&P CoreLogic Case-Shiller index.

Inventory 544

Inventory Housing Market Buyers Sellers 544

Housing Wire

SEPTEMBER 13, 2022

It all started when mortgage rates jumped from 5.25% to 6.25% this year and I saw how home sellers reacted to that move. Traditionally speaking, post-2012, inventory growth came in years where demand was weaker from mortgage buyers: 2014 and 2022. Can you blame home sellers? in 2021 and as high as 6.25% in 2022.

Mortgage 518

Mortgage Inventory New Listings Sellers 518

Housing Wire

MARCH 18, 2022

Inventory has been slowly falling since 2014, so if demand picks up in 2020-2024, it can collapse to shallow levels. My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. You can see why some sellers are stressed now.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

OCTOBER 20, 2023

No seller must use a real estate agent to sell a home — ever. No buyer must use a real estate agent — ever. No buyer must use a real estate agent — ever. They may buy directly from a seller, whether that seller is represented by an agent or not. I am repeating myself but bear with me.

Real Estate Agent 427

Real Estate Agent Real Estate Brokerage Agents 427

Birmingham Appraisal

JULY 27, 2022

Do Buyers Have a Leg Up In Today’s Market? The smell of a market shift is in the air but what does this mean for the average buyer? Over the past two years, buyers have been put through the wringer. The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers.

Buyers 86

Buyers Inventory Sellers Appraisal 86

Housing Wire

OCTOBER 31, 2023

Buyer’s agent commissions won’t necessarily go away Two weeks ago, the Real Estate Board of New York (REBNY) and the Residential Listing Service modified their rules starting Jan. This means a listing agent can now present their listings to the public, offering $0 buyer agent compensation. It’s already happening.

Real Estate 417

Real Estate Realtors Agents Buyers 417

Housing Wire

JULY 20, 2022

This is common in recent history, which has happened before in 2013/2014 and 2018/2019. Higher rates need duration so sellers can adjust their pricing reality. We are already below 2008 levels today — not that far off the 21st century low of 2014. However, we can see a clear demand-weakness trend in 2014 and 2022.

Inventory 509

Inventory Housing Market Marketing Realtors 509

Housing Wire

OCTOBER 1, 2022

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market. All cash buyers now stand at 24%. The last high among all-cash buyers was seen at 35% in 2014.

Realtors 395

Realtors Housing Market Marketing Buyers 395

Housing Wire

MARCH 16, 2022

The rate of Hispanic homeownership has been inching up each year since 2014, according to U.S. A lot of sellers were very blunt about it: ‘If it’s FHA, forget it,’” said Lizbeth Alarcon, an agent at RE/MAX Vivid Realty. Last year, the Hispanic homeownership rate grew to 48.4% from 47.5% Census Bureau statistics.

Real Estate Agent 383

Real Estate Agent Real Estate Agents Sellers 383

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019. They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. However, as we all know, after 2020, things are just more intense. .

Mortgage 501

Mortgage Inventory Sellers Housing Market 501

Housing Wire

JUNE 28, 2022

Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. The reality is that home sellers and builders had too much pricing power. This is because the biggest buyers of homes are mortgage buyers. Whenever you see vertical home-price growth over a period of time, it’s never a good thing.

Housing Market 454

Housing Market Marketing Inventory Investors 454

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. It can be stressful enough when the markets are regular, like they were from 2014-to 2019. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. So what is going on here?

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. It can be stressful enough when the markets are regular, like they were from 2014-to 2019. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. So what is going on here?

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015.

Marketing 417

Marketing Inventory Renovations Investors 417

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. in 2022, the weakest showing since 2014. in November, down from a 9.2%

Marketing 407

Marketing Government Mortgage Sellers 407

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. This doesn’t mean homebuyers don’t have something of an edge now: As inventory has increased and buying power has faded, the buyers who are available are dealing with a lot less competition as the bidding wars are ending. million today.

Sellers 501

Sellers Inventory Housing Market New Listings 501

Housing Wire

MARCH 21, 2024

It became one of the fastest-growing brokerages at the time in Canada, and then I sold that in 2014, and moved to the U.S. For us, it’s all about creating one streamlined experience for whatever that agent is doing with buyers or sellers. Based on that, we use a ton of mobile, because our agents are always on the go.

Real Estate 446

Real Estate Technology Agents Brokerage 446

Empire Appraisal Group

APRIL 20, 2023

yongyuan, E+, Getty Images Source: Boomers Pass Millennials in Share of Homebuyers | Florida Realtors Boomers Pass Millennials in Share of Homebuyers By Kerry Smith NAR study: In 2022, boomers made up 39% of buyers (29% in 2021) while millennials made up only 28% (43% in 2021). Gen X made up 24% of total buyers. The main reason?

Buyers 78

Buyers Sellers Realtors Agents 78

Housing Wire

NOVEMBER 29, 2021

Remember, a seller is typically also a buyer, so inventory should fall when demand picks up and that seller finds another home to buy. Total inventory levels have been falling since 2014, while sales have been rising. When inventory rises and more supply is on the market, this means demand is fading.

Inventory 529

Inventory Contracts Training Investors 529

DataMaster

MAY 17, 2023

According to the National Association of Realtors’ 2023 Home Buyers and Sellers Generational Trends Report , Millennials have made up the largest share of homebuyers from 2014 to 2022. Across all generations, 58% of homebuyers had obtained a bachelor’s degree or higher, and 61% of all buyers were married couples.

Appraisal 147

Appraisal Technology Real Estate Agent Tools 147

Housing Wire

AUGUST 30, 2022

NAR Total Listing Data: If we cut the timeline to the last time inventory grew, which was 2014, you can see this downtrend in inventory, unlike 2001-2005, when inventory grew from 2 million to 2.5 One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home.

Inventory 383

Inventory New Listings Law Housing Market 383

Empire Appraisal Group

JANUARY 11, 2023

Existing-home sales are expected to end the year 16% down from the same time period in 2021, marking their lowest level since 2014, Yun said. But if inflation continues to slow and rates stabilize, that could bring more buyers back to the market and boost demand for housing, Yun said. Yun predicts home sales to fall by 6.8% Realtor.com®

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Lamacchia Realty

NOVEMBER 16, 2021

Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season. Their concerns usually stem from the misconception that buyers are not looking during November and December because they’re halting their search for the holidays. In many cases, this is not correct.

Inventory 69

Inventory Buyers Sellers Realty 69

Cornerstone

FEBRUARY 2, 2021

Here’s an overview of why selling this winter may be smarter: Even after the buyer boom seen in 2020 , it continues: Buyer demand is outpacing the supply of available homes for sale, so homebuyers frequently compete to snatch up limited listings. Many sellers are seeing homes “fly off the shelves.”

Landlords 67

Landlords Loan Officers Buyers Sellers 67

Lamacchia Realty

JUNE 3, 2021

He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. Kip always had a strong desire to formally become a part of this industry, so he obtained his Real Estate “Salesperson” license in 2014.

Realty 67

Realty Agents Real Estate Human Resources 67

Birmingham Appraisal

JUNE 28, 2022

Sellers have had the upper hand over the past several years and have not had to even think about lowering the price of their homes. A decreased pool of potential buyers due to higher interest rates has resulted in less competition. Sellers will want to take this into consideration in their pricing strategy because of more competition.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Housing Wire

MARCH 23, 2022

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. It’s also driven more by mortgage buyers who tend to be older and make more money than the new-home buyers. The average sales price was $511,000.

Mortgage 487

Mortgage Inventory Housing Market Construction 487

Lamacchia Realty

FEBRUARY 6, 2024

Now servicing buyers and sellers in Worcester County, Colin’s clients describe him as helpful, energetic, and goal-oriented. Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

JANUARY 4, 2022

He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. To learn more about Sarah, click here: Sarah Schouler Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.

Realty 73

Realty Realtors Real Estate Clients 73

AmeriMac

JULY 15, 2021

This dramatic increase in value affects home appraisals, which is good news for both buyers and sellers. These appraisals are done by a third party, who doesn’t have a vested interest in the sale or a relationship with either the buyer or the seller. What Higher Appraisal Values Mean for House Buyers and Sellers.

Appraisal 36

Appraisal Sellers Real Estate Buyers 36

Housing Wire

APRIL 1, 2024

At the same time, seller volume dried up. But now sellers are coming back into the market. NAR reported 33% all cash buyers, which is the most since 2014 when buyers were still cleaning up distressed properties. More sellers means more sales in 2024. New listing volume last week was 18% more than a year ago.

Inventory 462

Inventory New Listings Contracts Sellers 462

Lamacchia Realty

NOVEMBER 3, 2021

Accordingly, Lisa was named a real estate All-Star in the Northshore Magazine for being able to expertly assist both buyers and sellers on the North Shore. Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area. Cyndi thrives to make her buyers and sellers her top priority.

Realtors 67

Realtors Realty Real Estate Agents 67

Raleigh Realty

AUGUST 19, 2022

79 percent of millennials are first-time home buyers. As a result, finding a trustworthy agent is extremely important to millennial buyers because they are new to home buying. 67 percent of millennial home buyers would put an offer on a home in need of a full or partial renovation. They embrace the fixer-upper.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Buyers 78

Lamacchia Realty

AUGUST 9, 2023

Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority. Click here to learn more about Cyndi: Cyndi Deshaies Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.

Realtors 65

Realtors Realty Real Estate Clients 65

Lamacchia Realty

JULY 7, 2021

He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. A resident of Hubbardston, Lisa serves central Massachusetts home buyers and sellers with dedication and a relentless work ethic.

Realty 68

Realty Agents Realtors Real Estate 68

Lamacchia Realty

JANUARY 16, 2023

Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority. He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties.

Realtors 73

Realtors Realty Real Estate Agents 73

Lamacchia Realty

JUNE 6, 2022

Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority. Click here to learn more about Eileen Doherty Darlene Umina has been a REALTOR® since 2007 and with Lamacchia since 2014.

Realtors 68

Realtors Realty Real Estate Clients 68