Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

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Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% I am a big fan of inventory to 2019 levels. that are at 2019 levels, and they are off the savagely unhealthy housing market list.

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Lamacchia Realty

APRIL 6, 2022

has released their “Top Producing REALTORS®,” for March 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! Lamacchia Realty, Inc. Most recently, Shauna was named in the Boston Agent Magazine’s Who’s Who 2022 edition !

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Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

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Housing Wire

MARCH 26, 2021

Portland, Maine, has emerged as a popular destination for current homeowners and prospective buyers looking to move out of metro areas into more spacious secondary cities. With demand that high, homes for sale are going under contract 24 to 36 hours after they are put on the market. A recent report from Redfin showed that 14.9%

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McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. Here’s how to handle emotional buyers like the pro that you are. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. Know Their Problems — and Solve Them.

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Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

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Will Springer Realtor

APRIL 9, 2024

That was highlighted by a 30% month-to-month gain in total home sales (single-family, townhome and condos combined) across the county in March and unseasonably low supply for buyers. Mortgage rates continue to be the focus of both sellers and buyers, waiting for something to give. since February and 9.8% If rates are at or below 6.5%

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Marketing Inventory Buyers Sellers 60

Lamacchia Realty

FEBRUARY 21, 2023

If anything, this exemplifies the degree of variance between a Zestimate and actual value of the home – one that a trained REALTOR ® is most likely able to better evaluate! Data for off-market listings as of November 8, 2022 provided by [link] A Zestimate CAN’T Replace a REALTOR®!

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Houston Properties

JULY 22, 2022

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. The Best Houston Realtor to Sell Your Home. We’re also seeing the re-emergence of backup contracts, bidding wars, and homes closing materially over the asking price. The Best Houston Realtor to Sell Your Home.

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Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. home buyers. Yes, buyers and sellers, we are in a rare price correction period for single-family home sales in King County.

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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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Chicagoland Appraisal Blog

JULY 13, 2017

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

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Appraisal Marketing Realtors Real Estate 78

Eppraisal

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. The NAR cites that in December of 2020 the inventory was down 23% compared to December of 2019. It's a "super seller's market" right now.

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Lamacchia Realty

JANUARY 27, 2023

2019 – 2022 Home Sales by Month Home sales were down every month in 2022 when compared to 2021, but that isn’t surprising given that 2021 as well as the second half of 2020 exhibited a frenzied post-Covid market. Sold Homes 2019 – 2022 by County Sales decreased in all four counties with Belknap decreasing by 13.8% to $566,391.

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Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We We are seeing a healthy increase in inventory, which we really needed.”

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Lamacchia Realty

JANUARY 27, 2023

sellers and buyers) began to restore itself. 2019 – 2022 Home Sales At the beginning of 2022, the market was still in a frenzied state as it has been since the pandemic, but when rates increased in May, the real estate market saw impacts almost immediately. Homes Pending (contract accepted) There were 20.2%

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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. In fact, our REALTORS had multiple properties that had over 30 offers! 2021 Recap. It is a real problem.

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Sellers Inventory Buyers Realtors 74

Lamacchia Realty

JUNE 10, 2022

Despite all of it competition is still strong, and buyers are still out there, but with average prices increasing also at historic rates since 2020 and with the cost increase of borrowing, a shift in the market is happening. Congratulations, frustrated home buyers !

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Marketing Sellers Buyers Inventory 62

Empire Appraisal Group

JANUARY 11, 2023

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, economists predicted Tuesday during the National Association of REALTORS®’ annual Real Estate Forecast Summit. NAHB: Sharp Contraction in Construction. Realtor.com®

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Real Estate Marketing Buyers Sellers 78

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.

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Will Springer Realtor

SEPTEMBER 26, 2023

To address ownership inequality, the state of Washington has introduced an innovative home-assistance fund for potential buyers who have been historically marginalized and restricted from ownership. is $255,000, compared with a renter’s average worth of about $6,300, according to 2019 data from the Federal Reserve. Beginning Jan.

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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. From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. Properties are still going under contract.

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Hood Homes Blog

SEPTEMBER 23, 2019

Updated 9/23/2019; Originally published 4/9/2018. The Texas Association of Realtors (TAR) has their own version of the form. In the Contract. Usually, the listing agent uploads the seller’s disclosure to the MLS with the property listing so that it is immediately available to the buyer’s agent to send to the buyer.

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Lamacchia Realty

FEBRUARY 22, 2022

It’s the best example of how supply and demand determine the market climate in that with high demand and low supply the market becomes a frenzy for buyers. Competition was down, rates were still low and with less competition there was a likelihood that a buyer could score a home without a bidding war. 2021 Sales by Month. to $633,518.

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Inventory Sellers Buyers Real Estate 51

Will Springer Realtor

JULY 12, 2022

Lawrence Yun, chief economist for the National Association of Realtors®, believes mortgage rates “may stabilize at 6% or 6.25%.” Higher mortgage rates raise costs for buyers planning to finance a home purchase. Buyers need to navigate those budget busters – such as a 6.2% Experts pegged U.S. by year’s end. Why the increase?

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Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. There aren’t enough houses to meet buyer demand. per household.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. This suggests homes – while far fewer for sale than in recent years – are quickly being scooped up by those few available buyers. times more than at the end of 2019.

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Finance Inventory Construction Buyers 68

Will Springer Realtor

MAY 13, 2024

.” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR). >> The number of people working in downtown Seattle offices is about 52% of the daily foot traffic seen in 2019 – a year before the start of the pandemic.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. Affordability remains elusive.

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Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. The big twist? A sharp increase in interest rates. We’re looking at around 3.8

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Real Estate Sellers New Listings Inventory 69

Quicken Loans

JUNE 10, 2021

And odds are it’s making things difficult for your buyers. According to the latest report from the National Association of REALTORS ® , existing home sales were down 2.7% Because April 2020 was in the teeth of the pandemic shutdowns, it’s more fair to look at April 2019. Supply is an issue. Let’s jump into it! The Big Story.

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Housing Wire

JULY 24, 2023

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. Homes typically take 30-45 days in contract.

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Inventory Contracts New Listings Buyers 312

Will Springer Realtor

MAY 9, 2022

Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Microsoft has committed $750M since 2019 to help support the creation of more affordable homes in Seattle metro. It has also set its sights on rezoning portions of the city to increase housing density.

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Architecture Design Buyers Construction 36

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Even stock investments, the source of many down payments for buyers, have taken a heavy blow. FOR FIRST-TIME BUYERS, NOW WHAT? in our region.

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Housing Market Marketing Inventory HOA 36

Will Springer Realtor

JUNE 8, 2022

The unprecedented housing price increases in our region – up 39% in King for all home types since May 2019 – will possibly stunt homeownership rates going forward. The change follows Oregon’s lifting in 2019 of zoning restrictions on housing to help address the housing shortage. With scarcity comes price appreciation. was $1889. >>

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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 range won’t last forever.

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