Remove 2019 Remove Clients Remove Inventory Remove Sellers
article thumbnail

How Andrew Marquis plans to close more loans in a low-inventory market  

Housing Wire

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

Inventory 331
article thumbnail

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. We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

Baret Kechian, top loanDepot LO, sees bidding wars returning to his market

Housing Wire

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. Literally, we’re right back to being a seller’s market again.” But of course, we have a lot of clients that move out of condos once they have kids and get married.

Marketing 357
article thumbnail

Housing Market 2022: 10 Tips for Sellers

Listing Spark

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
article thumbnail

A coastal exodus? These Century 21 San Francisco agents don’t think so

Housing Wire

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
article thumbnail

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. In comparison, the average U.S.

Insurance 376