Remove 2019 Remove Clients Remove Inventory Remove New Listings
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Redfin: Over half of buyers are going above asking price

Housing Wire

“We are seeing a typical late-spring slowdown in new listings and pending sales, but prices don’t typically peak until late August, and their growth remains completely unhinged,” said Daryl Fairweather, Redfin’s chief economist. ” How real estate agents can alleviate consumer pain points in a tight market.

Buyers 414
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Insatiable demand drives July pending home sales up 15% annually

Housing Wire

Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. 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 million, a 1.1%

Contracts 477
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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

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.

Insurance 376
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

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. The goal of this type of letter is to promote a new listing in the neighborhood, to position yourself as the expert by providing information about the listing, and to find more business.

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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

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
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Buyers are struggling to compete in the white-hot Cincinnati market

Housing Wire

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
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Affordability Woes Keep King County Housing Activity on Slow Burn

Will Springer Realtor

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. Supply of resale housing (as opposed to new construction) is shrinking across our region.

Buyers 36