Housing Wire

AUGUST 27, 2020

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We gain compared with 2019. pending home sales rose 5.9% The seasonally-adjusted index measuring signed contracts was up 15.5% million, a 1.1%

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

DECEMBER 10, 2020

In October, home sales in Des Moines soared 34% compared to last year, with 1,547 sold properties compared to 1,150 in 2019, according to the Des Moines Area Association of Realtors. That, along with the tech jobs Des Moines has to offer and low mortgage rates , means new builds are more affordable for younger buyers. “I’ve

Housing Market 431

Housing Market Marketing Realty Realtors 431

Housing Wire

SEPTEMBER 22, 2022

LOs interviewed by HousingWire said that most of their past clients don’t have a reason to sell their houses and that prospective buyers are waiting on the sidelines unless life happens — job relocations, marriage, divorce, pregnancy and death. million, below the 2019 range of 1.52 million to 1.93

Mortgage 378

Mortgage Loan Officers Inventory Retail 378

Housing Wire

AUGUST 21, 2020

months worth of inventory and the median days on the market are 17. In fact, Aurelio said that this July home sales have outpaced July 2019. Even though there’s maybe a little bit more inventory right now it’s actually making our markets even stronger. million, and the average sale price is $1.72 ” No.

Agents 440

Agents Real Estate Inventory Buyers 440

Housing Wire

APRIL 29, 2022

With inventory remaining tight and demand still strong, Davis only sees this trend increasing as we get further into spring. Like elsewhere in the country, Rochester is experiencing a record low level of inventory combined with a heightened demand for housing. Rochester, New York. Columbus, Ohio.

Housing Market 332

Housing Market Marketing Agents Real Estate 332

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I I have buyers that are looking, but to find a house that you love enough to pay a high price for — and to be at over a 6.5%

Inventory 383

Inventory Buyers Agents Real Estate 383

Housing Wire

SEPTEMBER 22, 2023

But somebody has to replace the Fed, and the Fed is not an economic buyer. So they are a policy buyer. They may require wider spreads than the Fed because the Fed is not an economic buyer. Kim: The silver lining in the current housing market is an uptick in new construction sales due to a lack of existing-home inventory.

Housing Market 427

Housing Market Marketing Buyers Investors 427

Housing Wire

DECEMBER 28, 2021

By the end of 2019, just 4,608 people called the town home, However, by early 2021, the population was already rebounding, with roughly 6,000 people living in Paradise. We have had over 200 lots active on the market at one time since 2019, so we are a little low on inventory.”. So, it’s coming along, but it’s a slow process.”.

Insurance 319

Insurance Realty Agents Construction 319

Housing Wire

APRIL 20, 2021

More recently, the buzz surrounds bidding wars due to extremely low inventory, purchase over refinance and the fluctuation of mortgage rates. In late 2019, Google announced a phase-out of third-party cookies across its platforms in a move claimed to protect consumers asking for more privacy. Client engagement is a struggle.

Real Estate 404

Real Estate Mortgage Loan Officers Advertising 404

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings. In comparison, the average U.S.

Insurance 376

Insurance Inventory Marketing Real Estate 376

McKissock

OCTOBER 26, 2020

That is if you’re representing the buyer, what should you look for in terms of that extra workspace? Buyers, he adds, need to watch the market carefully and be ready to pounce if a property comes on the market in a neighborhood they like. In today’s market, it’s more important than ever for agents to educate their buyers and sellers.

Buyers 61

Buyers Sellers Agents Real Estate Agent 61

Housing Wire

APRIL 25, 2024

Monika DeRoussel was in a meeting, away from her phone and email, when a client messaged her that a property in their price range and desired neighborhood had a for-sale sign in the yard. When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I

Buyers 387

Buyers Marketing Inventory Investors 387

Housing Wire

AUGUST 28, 2020

So the products I’ve put into this category are really focused on either helping agents win listings or helping them convert lookers into buyers. And the last area is seller tools or companies that help to convert lookers to buyers (I could probably have thought of a better name here). Seller tools / Buyer conversion tools.

Tools 239

Tools Sellers Real Estate Contracts 239

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We being outbound. “We

Inventory 300

Inventory Housing Market Marketing Real Estate 300

Housing Wire

MAY 14, 2024

“Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. Nationwide, the share of buyers who are first-time buyers has risen in recent months.

Buyers 372

Buyers Inventory Landlords Real Estate 372

Lamacchia Realty

NOVEMBER 16, 2021

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 March of 2020, we saw a significant drop in inventory, and the market still has not gone back to pre-pandemic levels. In many cases, this is not correct.

Inventory 69

Inventory Buyers Sellers Realty 69

Housing Wire

JUNE 1, 2022

With the current cost of origination, combined with higher interest rates and low housing inventory on the horizon, the MBA reports that 2022 is likely to see about a 30% decline in overall mortgage originations, as compared to 2021. Prior to the health crisis, a 2019 survey showed that 14% of companies offered digital closings two years ago.

Insurance 377

Insurance Real Estate Agents Technology 377

Housing Wire

FEBRUARY 8, 2024

Real estate professionals throughout the state attribute the resilience of the state’s housing market to its perpetually low inventory problem. Inventory is almost nonexistent,” said Melissa Kingsbury , a Redfin agent who works in the southwest suburbs of Chicago. “If As of Feb. Across the state, as of Feb. 1 through Dec.

Inventory 385

Inventory Agents Housing Market Luxury Properties 385

Eppraisal

APRIL 20, 2021

Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. Your Offer Price As mentioned, the inventory of homes for sale is even lower than it was last year at this time. With limited inventory, home values are on the rise. It's that simple.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Listing Spark

JUNE 21, 2022

Back then, terrible lending regulations, a surplus of inventory, and little to no equity for homeowners was a recipe for disaster. Today, high amounts of homeowners equity and demand paired with an extreme shortage of inventory make for very different market conditions compared to the last crash. Pending listings declined by 3.9%

Sellers 69

Sellers Housing Market Marketing Inventory 69

Lamacchia Realty

MAY 6, 2021

This site gets over 3,000 views a day on average so having it be a clean and straightforward resource for buyers and sellers is of the utmost importance. Ensuring buyers, sellers, and agents alike feel serviced by this clean and slimmed-down site is no small feat. However, the ease of access to relevant content has never been better.

Realty 61

Realty Brokerage Sellers Renovations 61

Raleigh Realty

FEBRUARY 19, 2022

Not only does this help new agents learn all the inventory in their local markets but it also gets them familiar with driving through all the subdivisions and neighborhoods. Staying in touch with your clients cannot be replaced even by the best technological tools or by another individual. I produced it myself. is really insightful.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. We’re already having conversations with our clients in the industry. Remember: real estate is hyper-local!

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

NOVEMBER 12, 2020

Vacation areas and luxury housing markets aren’t the only ones benefitting from a wave of pandemic buyers : southeastern locales are also filling up. months’ worth of inventory, down 53.5% Because inventory is so low, Bond said she’s been encouraging her clients to sell sooner rather than later. “My year over year.

Housing Market 356

Housing Market Marketing Inventory Realtors 356

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. in first quarter to 27.5% Sector leaders are predicting more of the same for 2024.

Investors 356

Investors Inventory Investing Real Estate 356

McKissock

MARCH 15, 2022

Clients continue to require more market analysis be included in appraisals. Traditional buyers are replaced by new ones (investors). When traditional buyers are replaced by new buyers who are starting to invest in real estate, this is an indication of a possible bubble.

Real Estate 88

Real Estate Finance Sellers Real Estate Agent 88

Lamacchia Realty

DECEMBER 28, 2021

It was the year of the frustrated buyer, particularly in the first half of the year. The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. Remember only one offer can win so this caused lots of disappointment for both buyers and buyer’s agents alike.

Sellers 74

Sellers Inventory Buyers Realtors 74

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Why We’re Fearful: Buyer & Seller Mistakes. "A "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data. Re-sale: 2019. Get PDF Now. Table of Contents.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

D Fritz Appraisals

SEPTEMBER 18, 2020

Home prices have been rising nearly constantly for the past 17 years and between 2016 and 2019, pricing rose by 27.8% (18.5% Across Canada, the average home price rose to $571,471 in July 2020, compared to $500,164 in July 2019. During 2019, Ottawa’s home prices rose the most at 7.38% (on average). from July 2019.

Real Estate 78

Real Estate Construction Development Buyers 78

Chicagoland Appraisal Blog

APRIL 3, 2020

Which types of homes tend to be most attractive to buyers? Just as the housing stock in Chicago is incredibly diverse, so too is the pool of buyers. Westhoff’s clients run the gamut in terms of age, ranging from college students and young professionals to growing families and empty nesters. You guessed it— the updated ones.

Real Estate Agent 78

Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

JUNE 13, 2023

These are the two most frequently discussed items by both the people working in residential real estate and the customers and clients they serve. Unfortunately for buyers, both figures – prices and rates – are climbing, raising the hurdle to homeownership even higher for many. months’ total inventory in the county, down from 1.4

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

DECEMBER 14, 2021

Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021. Buyers are seeing rates inch higher – currently at about 3.25% in Seattle/King County for a typical 30-year mortgage (rates vary based on an applicant’s circumstances). What will the 2022 Seattle/King County housing market offer?

Real Estate 69

Real Estate Buyers Construction Sellers 69

Appraisal Today

JULY 29, 2022

The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. Spiking housing supply & fewer buyers. We’ve seen a massive change in housing inventory. This is actually about fewer buyers getting into contract. July 25, 2022 . Excerpt: Finally.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

MAY 26, 2023

From 2008 to 2019, Roberts fraudulently inflated the value of at least 18 different easements by violating industry norms and making false statements. Since rates have been so volatile and for-sale inventory still scarce, we have yet to see sustained growth in purchase applications. The 30-year fixed rate increased to 6.69

Easement 52

Easement Contracts Appraisal Inspection 52

Quicken Loans

JUNE 10, 2021

And odds are it’s making things difficult for your buyers. Because April 2020 was in the teeth of the pandemic shutdowns, it’s more fair to look at April 2019. If you compare that to April 2019, the pace was only 673,000 sales. Preach patience and an upbeat attitude for your clients. Supply is an issue. The Big Story.

Real Estate 38

Real Estate Marketing Construction Clients 38

Appraisal Today

SEPTEMBER 1, 2023

Examples of verification sources include, but are not limited to, the buyer, seller, listing agent, selling agent, and closing documents in certain situations. Possibilities include: Notify the client of potential for delays in delivery dates. Data source(s) must be reliable sources for the area where the subject property is located.

Appraisal 81

Appraisal Contracts Mortgage Real Estate 81

Housing Wire

JANUARY 21, 2021

An estimated 1.380 million housing units were started in 2020 – 7% percent above the 2019 figure of 1.29 “While buyer demand has slowed since December, it remains notably higher than one year ago, giving builders a strong incentive to keep building.” above the December 2019 rate of 1.587 million.

Construction 542

Construction Loan Officers Realtors Buyers 542