Remove 2015 Remove Buyers Remove Inventory Remove Realtors
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Days on market grow despite low inventory for existing homes

Housing Wire

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. NAR lists the current inventory at 1.22 million, with a peak in 2007 a tad over 4 million.

Inventory 473
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DataDigest: The remarkably resilient agent commission rate

Housing Wire

I wanted to close before May 1, so I selected a buyer who was already in underwriting. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. She made clear in our first conversation that the commission would only drop to 5% if she also found the buyer.

Agents 410
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DataDigest: iBuyers slide farther from hyped market disruption

Housing Wire

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. For the same period this year, the company has 4,007.

Marketing 421
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Have you clearly defined your brokerage’s value proposition?

Housing Wire

In 2015, according to RealTrends data, gross margins were at 16.4% I think it’s a foregone conclusion that leading brokers are going to need to retrain agents on these financing services, much as they did 10 to 12 years ago to deal with distressed inventory and short sales,” Murray said. Now, they’re at 13.5% for 2020, down from 13.8%

Brokerage 395
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1st Quarter of 2023: Lowest Number of Homes Listed in Recorded History

Lamacchia Realty

This sure explains why every Realtor feels like business is so slow. It’s NOT for a lack of buyers. There are ten times more buyers in the market than sellers despite the higher mortgage interest rates. Buyers this spring are once again very frustrated and there doesn’t appear to be any end in sight.

Sellers 72
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5 Interesting Energy Corridor Real Estate Trends

Houston Properties

For questions, advice, Energy Corridor TX real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years. "The The Best Houston Realtor to Sell Your Home. Property inventories are shrinking.

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Neighborhoods Around River Oaks

Houston Properties

The Best Houston Realtor to Sell Your Home. It has a tight inventory with homeowners rarely selling their property. The Best Houston Realtor to Sell Your Home. Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world.