Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 306

Real Estate Brokerage Buyers Property Management 306

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?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

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®!

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

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….

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

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%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. 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. Home values are increasing as buyers are competing for homes.

Marketing 36

Marketing Inspection Contracts Buyers 36

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.”

Insurance 388

Insurance Inventory Marketing Real Estate 388

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®

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. 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. 2020 ended favoring sellers. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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 !

Realtors 69

Realtors Realty Real Estate Agents 69

Cornerstone

MAY 4, 2021

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. But today, housing inventory has dropped far below this level: The National Association of REALTORS® (NAR) reports that there’s currently just a 2.1-month There aren’t enough houses to meet buyer demand. per household.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. However, contract signings rose 21.4% from December 2019, with all regions (Northeast, Midwest, South, West) reaching double-digit year-over-year increases. However, contract signings rose 21.4% in December following a 2.6%

Contracts 529

Contracts Real Estate Housing Market Technology 529

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

Annarbor Appraisal

FEBRUARY 26, 2021

This information is from the Ann Arbor Area Board of Realtors MLS run on a monthly basis, and includes all the Ann Arbor school district, single family detached housing only, no new construction or to be built, no condominium units. A bit of color in some charts for your reading pleasure. Please feel free to share, debate with me, whatever.

Realtors 78

Realtors Contracts Construction Marketing 78

Hood Homes Blog

SEPTEMBER 23, 2019

Updated 9/23/2019; Originally published 4/9/2018. The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! The seller is responsible to keep the seller’s disclosure updated. Texas Seller’s Disclosure Law.

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Inspection Sellers Agents Law 54

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. Best Houston Realtors: Paige Martin & The Houston Properties Team. Best Houston Realtors: Paige Martin & The Houston Properties Team. Re-sale: 2019.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Houston Properties

JULY 22, 2022

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Additional Resources For Houston Home Sellers. Houston has 3.7

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

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.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Lamacchia Realty

DECEMBER 28, 2021

In fact, our REALTORS had multiple properties that had over 30 offers! From offering dramatically over asking price, putting down massive deposits, waiving home inspection contingencies or not doing home inspections at all, waiving mortgage contingencies, agreeing to close whenever sellers want, and more. But not in 2021.

Sellers 74

Sellers Inventory Buyers Realtors 74

Lamacchia Realty

JUNE 10, 2022

This will continue throughout the year and the number of homes will continue to increase and climb above 2021, 2020, and rise to about 2019, before-COVID levels. Home sellers, the market has changed. Sellers have enjoyed the upper hand for years now.

Marketing 62

Marketing Sellers Buyers Inventory 62

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. Now, if you’re a home seller in Austin, patience is the name of the game.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

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.

Buyers 59

Buyers Sellers Inventory Realty 59

Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. However, we are missing the typical boost of sellers. since February and 9.8%

Marketing 60

Marketing Inventory Buyers Sellers 60

Lamacchia Realty

FEBRUARY 22, 2022

Take a look at the chart below which depicts home sales monthly from 2019 to 2021. Prices very clearly skyrocketed in 2021 when compared to previous years, again because demand was so high and supply was so low, sellers could almost name their price. Monthly prices are illustrated in the chart below comparing 2019 to 2021.

Inventory 51

Inventory Sellers Buyers Real Estate 51

Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. ” 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).

HOA 36

HOA Transportation Construction Buyers 36

Clear Capital

SEPTEMBER 29, 2021

Following up on lots of the stories that have been out there in the media about potential purchase appraisal bias pertaining to race and ethnicity, Freddie Mac kicked off a study of whether minorities are more likely to receive an appraisal value that’s lower than the contract price during purchase transactions. Kenon Chen. Jeff Allen.

Sellers 69

Sellers Agents Real Estate Buyers 69

Will Springer Realtor

DECEMBER 13, 2022

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. In his estimate: “Homebuilding’s going to contract.”. from last year but 47% higher since November 2019 (before the pandemic).

Real Estate 36

Real Estate Buyers Construction Sellers 36

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%.” Currently, homes under contract (Pending sales) are down 19% YtD across King and by 20% for single-family homes, including down 36% in the combined neighborhoods of Magnolia and Queen Anne. Across the U.S.,

Housing Market 41

Housing Market Marketing Buyers Contracts 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. As the number of buyers with mortgage financing diminish, the ratio of all-cash purchasers has risen to 30%, according to the National Association of Realtors®.

Finance 68

Finance Inventory Construction Buyers 68

The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Regarding COVID-19, US office vacancy rates have increased from 9 percent in the fourth quarter of 2019 to 17.2 If it seems as if you’re over-leveraged you won’t get the loan.

Real Estate 78

Real Estate Retail Investing Tenants 78

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. What may be truly impressive are the sellers, now empty-nesters after raising eight children in this home!)

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. The sellers are seeking $3.86M, $1222/sq.

Construction 36

Construction Inventory Buyers Real Estate 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. May 2019 (1409) had the highest number of new monthly listings in the last dozen years, followed by June of last year (1351). in our region.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

APRIL 11, 2022

The costs of buying the same home this year compared to just one year ago have risen by 40% from a combined impact of higher home prices and soaring mortgage rates, according to Lawrence Yun, chief economist for the National Association of Realtors® (NAR). We have yet to see a significant slowdown locally. >> U.S. bath , 2903 sq.

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

FEBRUARY 9, 2022

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. . >> home buyers. rental-vacancy rate dropped to 5.8%

Buyers 36

Buyers Law Inventory Development 36

K.W. Appraisals

MARCH 9, 2019

Realtors reported that seller traffic weakened in January 2019 compared to conditions one year ago. in 2019 and the strength in consumer spending will mean that the expansion is expected to set a new record length by mid year. Year-over-year contract signings, however, declined 2.3 percent to 103.2 in December.

Marketing 28

Marketing Contracts Realtors Government 28