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. Stewart also said her clients want acreage and bigger yards because everyone is inside at home, working or schooling. Presented by: MCS .

Housing Market 441

Housing Market Marketing Realty Realtors 441

Housing Wire

JULY 26, 2023

When clients find their dream house and are ready to make an offer, Todd Armstrong’s next call isn’t necessarily to the seller’s agent or the buyer’s loan officer. “We Tight inventory and soaring home prices have pushed more homebuyers to more affordable areas in California. That comes with its own risks – in many cases, wildfires.

Insurance 370

Insurance Housing Market Marketing Supply Chain 370

Housing Wire

AUGUST 27, 2020

gain compared with 2019. Anecdotally, Realtors are telling me there is no shortage of clients or home seekers, but that scarce inventory remains a problem,” Yun said. “If Yun forecasts existing home sales to increase to a 5.8 million annualized pace in the second half of 2020. That would bring the full-year total to 5.4

Contracts 485

Contracts Realtors New Listings Real Estate 485

Housing Wire

SEPTEMBER 23, 2020

“We believe that being a public company will also allow us to help our mortgage broker clients continue to build and grow their businesses, generating value for all of our stakeholders.” Both companies are reaping the rewards of near-zero interest rates and minuscule housing inventory. billion profit.

Mortgage 542

Mortgage Lending Business Inventory 542

Housing Wire

DECEMBER 21, 2023

The great news is that the program has undergone significant improvements, particularly after the Blue Water Navy Vietnam Veterans Act was signed into law in 2019. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan.

Mortgage 441

Mortgage Renovations Appraisal Process Finance 441

Housing Wire

APRIL 22, 2024

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Many of us are in sellers’ markets with very low inventory. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes.

Real Estate 440

Real Estate Open Houses Brokerage Real Estate Agent 440

Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. But of course, we have a lot of clients that move out of condos once they have kids and get married. While there’s still a lack of inventory, we’re seeing more deals happening.

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Marketing Inventory Loan Officers Buyers 370

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.”.

Insurance 384

Insurance Realty Agents Construction 384

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 410

Real Estate Mortgage Loan Officers Advertising 410

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 421

Insurance Inventory Marketing Real Estate 421

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 413

Inventory Housing Market Marketing Real Estate 413

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.

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Agents Real Estate Inventory Buyers 473

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.

Housing Market 384

Housing Market Marketing Agents Real Estate 384

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 Out in Wise, Virginia, near the westernmost tip of the state, RE/MAX Cavaliers agent Brett Tiller and his clients are also struggling to find suitable properties.

Inventory 432

Inventory Buyers Agents Real Estate 432

Housing Wire

AUGUST 28, 2020

Used in conjunction with listing presentations, these tools take recent sales, current inventory and list pricing, market absorption and a variety of other factors into account to help you determine the right price. By far the most popular conversion tools out there are Comparative Market Analysis tools.

Tools 340

Tools Sellers Real Estate Contracts 340

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 441

Inventory Agents Housing Market Luxury Properties 441

Housing Wire

SEPTEMBER 22, 2023

Kim: The silver lining in the current housing market is an uptick in new construction sales due to a lack of existing-home inventory. It’s just gotten back to the pace of bankruptcy we saw in 2019. We expect production volumes to remain low through 2024 and start to pick up maybe toward the end of 2024. So that has picked up.

Housing Market 450

Housing Market Marketing Buyers Investors 450

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. According to a 2020 study by J.D.

Insurance 410

Insurance Real Estate Agents Technology 410

Lamacchia Realty

NOVEMBER 16, 2021

Historically, for home sellers who list in the late summer and early fall, their home can stay on the market longer than anticipated because the inventory during that time is typically at a higher point for the year. In March of 2020, we saw a significant drop in inventory, and the market still has not gone back to pre-pandemic levels.

Inventory 69

Inventory Buyers Sellers Realty 69

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 432

Buyers Marketing Inventory Investors 432

Hank Miller Team

OCTOBER 6, 2022

Each chart compares the Atlanta housing market in Q3 of 2022 to Q2 of 2022, then to each of the 3rd Qtrs of 2021,2020 and 2019. Housing and the Economy Chatter about an onslaught of inventory is also premature, a look at Atlanta housing inventory shows no signs of trouble. We examine list price, contract price and sold price.

Supply Chain 52

Supply Chain Contracts Housing Market Inventory 52

McKissock

OCTOBER 26, 2020

This is partly because Maine has historically lacked a high inventory of larger properties, he adds. Our business has grown every year since 2010 and would have grown more if not hampered by low inventory. “In percent over the same portion of 2019. Our buyer agents do all the work on the front end,” she reports.

Buyers 61

Buyers Sellers Agents Inventory 61

Housing Wire

MAY 14, 2024

In addition to making buyers more prudent in their purchases, local real estate professionals also say interest rates are to blame for the area’s lack of inventory. In comparison, in May of 2019, there were nearly 15,000 active single-family listings. We are focused on just taking it one client at a time.

Buyers 421

Buyers Inventory Landlords Real Estate 421

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.

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

Housing Wire

SEPTEMBER 8, 2021

At the end of August 2019, there were 5,472 homes for sale in King County, according to the Northwest Multiple Listing Service. As journalists who cover what is new, we’d love to tell you that, according to the numbers, the vise grip of low inventory and high demand is weakening. Take inventory. At the end of this August?

Inventory 458

Inventory Real Estate Agent Real Estate Agents 458

Lamacchia Realty

MAY 6, 2021

Lamacchia prides itself on its services, such as the Offer Now Profit Share Program for sellers and the widely successful Lamacchia Links tool that gives desperate buyers more homes to choose from in this low inventory market. There is something for everyone! ”We Marketing Manager. Lamacchia also made Inc.’s

Realty 63

Realty Brokerage Sellers Renovations 63

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

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. We use data to create custom solutions for our clients, present this to them, and have candid conversations on what they should do given the situation.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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 421

Investors Inventory Investing Real Estate 421

Housing Wire

NOVEMBER 12, 2020

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 We have the lowest inventory of almost all time. We have more pendings than we do inventory, and from the day a home goes on the market to the day it closes is 40 days.”.

Housing Market 364

Housing Market Marketing Inventory Realtors 364

Housing Wire

AUGUST 8, 2023

billion in 2021 and closer to the level of 2019, when lenders originated $389.3 The California housing market in particular has been extremely slow, with inventory at all-time lows and few home sales. When banks do jumbo loans, they want to have money from the client in the bank. Jumbo production fell to $377.9 from June 2022.

Insurance 370

Insurance Mortgage Clients Lending 370

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

Houston Properties

JANUARY 12, 2022

"A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data. Re-sale: 2019. Hurricane Harvey (2017), Tropical Storm Imelda (2019), and the other recent cases of flooding made buyers hyper-aware of the risks of buying properties in areas with flooding history.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Lamacchia Realty

DECEMBER 28, 2021

The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. Even though the inventory of homes for sale at any given time all year stayed lower than ever, it did not decrease sales overall. 2021 Recap. Yes, you read that correctly, worse. It is a real problem.

Sellers 74

Sellers Inventory Buyers Realtors 74

McKissock

MARCH 15, 2022

Clients continue to require more market analysis be included in appraisals. For example, at the beginning of the COVID-19 pandemic during April and May, 2020, ShowingTime Showing Index® reported that the number of withdrawn (delisted) homes increased over 25% from the prior year, 2019.

Real Estate 88

Real Estate Finance Sellers Real Estate Agent 88

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. Despite high interest rates, some hungry buyers are competing over limited inventory. months’ total inventory in the county, down from 1.4 Eastside inventories are at 1.2

Buyers 36

Buyers Inventory Construction Finance 36