Housing Wire

DECEMBER 30, 2022

Ideal market conditions for flippers include strong demand, limited supply and rapidly rising prices — conditions that existed in 2020 and 2021 and led to record numbers of flipped homes, record gross profits and rich profit margins. Despite all of this, there are still some positives for real estate investors.

Real Estate 468

Real Estate Investing Investors Legal 468

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 I have buyers that are looking, but to find a house that you love enough to pay a high price for — and to be at over a 6.5%

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Inventory Buyers Agents Real Estate 371

Housing Wire

NOVEMBER 25, 2020

The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival. 75% out-of-state buyers); Calhoun County, Ala. (60%);

Real Estate 545

Real Estate Investors Marketing Buyers 545

Housing Wire

JULY 28, 2023

Outsiders to the real estate industry may assume that the tight market has real estate agents hanging up their hats. Real estate agents are still confident in the industry and the market. There are also more opportunities to go to bat for your buyers and be seen as a valuable resource.

Real Estate Agent 367

Real Estate Agent Real Estate Agents Housing Market 367

Housing Wire

AUGUST 30, 2021

Milagros Alvarez, a Miami real estate agent at Redfin, said that the pandemic “has brought even more out-of-towners to the area” because so many people can now work wherever they want. Despite a mounting list of reasons why one shouldn’t move to Florida, buyers seem to be unperturbed.

Real Estate 545

Real Estate Real Estate Agent Finance Agents 545

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At You aren’t getting that, but there is still a lot of competitive bidding.”

Housing Market 392

Housing Market Buyers Agents Marketing 392

Housing Wire

MARCH 10, 2021

Roughly a year after the COVID-19 pandemic began in the United States, and more people than ever are buying residential real estate in vacation towns and suburbs, per a report from Redfin. Homes are being snatched up in Santa Cruz County, and on average they trade for roughly $1 million. “It’s difficult for sellers.

Real Estate 545

Real Estate Real Estate Agent Agents Home Value 545

Housing Wire

AUGUST 9, 2023

The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge.

Real Estate Agent 358

Real Estate Agent Real Estate Agents Clients 358

Housing Wire

MARCH 15, 2021

Zillow, for years, made money selling leads to real estate agents, a practice that agents like Herrera already felt ambivalent toward. In 2020, the three-year-old Zillow Offers program, where Zillow itself buys a home and then resells it, made up the majority of both company revenue and expenses. But Zillow has changed.

Real Estate Agent 462

Real Estate Agent Real Estate Agents Brokerage 462

Housing Wire

FEBRUARY 24, 2021

HousingWire recently spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey. HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space?

Real Estate Agent 275

Real Estate Agent Real Estate Agents Loan Officers 275

Housing Wire

JUNE 11, 2021

Most of the highest producing real estate agents in the country belong to an established, national brokerage. RealTrends , which is owned by HW Media , on Friday released its annual list of the top 1,000 agents in the country for 2020, with separate tallies for sales volume and the number of deals done. Not until nos.

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Agents Brokerage Realty Real Estate 424

Housing Wire

MARCH 12, 2021

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Real Estate Tech Demo Hour. Tune in March 16th to experience demos from the most innovative real estate technology solutions.

Real Estate 465

Real Estate Brokerage Realtors Real Estate Agent 465

Appraisal Buzz

MAY 2, 2022

These are a few ways it will affect real estate in the coming months. After months of paperwork and organizing teams, many experts believe the allocated funding will start positively affecting the real estate market. Secondary Real Estate Markets On the Rise. What does this have to do with real estate?

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Housing Wire

FEBRUARY 12, 2024

That’s the most since 2020 — before the pandemic. Immediate sales If sellers are growing we need to know if buyers are growing too. These immediate sales were the defining characteristic of the pandemic real estate boom. And the spring buying season will have improved selection for home buyers. But it is growing.

Sellers 351

Sellers Housing Market Buyers New Listings 351

Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My And I also want to make a profit, of course.” ?.

Real Estate 456

Real Estate Investors Market Value Home Value 456

Housing Wire

DECEMBER 6, 2022

Any time my buyers are the ones bringing a lender to the table who I am not familiar with, I am going to have some questions for that lender. Amy Breach, Real Estate broker on the Hill Team in Seattle for Keller Williams. Looking back, Summers is glad she encouraged her buyers to swap lenders.

Real Estate 353

Real Estate Real Estate Agent Clients Agents 353

Housing Wire

FEBRUARY 10, 2021

Zillow Group reported fourth quarter 2020 earnings of $789 million on Wednesday, easily beating Wall Street’s estimates. For the year 2020, Zillow posted $343 million in EBIDTA. For 2020, Zillow reported 9.6 from the end of December 2020 to March 2021, and by 10.5% billion visits. through December 2021.

Home Value 393

Home Value Advertising Real Estate Agent Real Estate 393

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 397

Real Estate Insurance Law Real Estate Agent 397

Housing Wire

JULY 27, 2021

Foreign buyers purchased $54.4 existing homes from April 2020 through March 2021, a 27% decrease from the previous 12-month period, according to a new report from the National Association of Realtors. residential real estate. residential real estate. million in May 2020. from June 2020 ($294,400).

Buyers 382

Buyers Realtors Real Estate Investing 382

Housing Wire

AUGUST 26, 2021

.” The Oakland, California-based company offers an online marketplace where buyers and sellers can both buy and sell rental homes in more than 70 U.S. Like many mortgage and real estate entities in 2020 and 2021, Roofstock got a cut of that sweet, sweet housing market upswing.

Real Estate 389

Real Estate Investors Property Management Tenants 389

Housing Wire

DECEMBER 21, 2021

But in a real estate economy that has made destination cities out of the likes of Boise, Idaho and Manchester, New Hampshire, perhaps it’s no surprise that there is nothing dark or cold about the Anchorage housing market. in November 2020, according to a report from Redfin. Anchorage, Alaska.

Real Estate 353

Real Estate Agents Inventory Buyers 353

Housing Wire

JANUARY 26, 2024

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. Whether you’re newly licensed or an experienced agent who had a productive year — if you’re looking for a change, it’s likely you’ve started receiving emails, letters, and phone calls from all kinds of real estate firms.

Real Estate 378

Real Estate Brokerage Agents Real Estate Agent 378

Housing Wire

OCTOBER 2, 2023

MLS Property Information Network’s (MLS PIN) settlement agreement in the Nosalek class action antitrust buyer-broker compensation lawsuit has hit yet another snag. Pursuant to its mission, the Antitrust Division is concerned about policies, practices, and rules in the residential real-estate industry that may increase broker commissions.”

Buyers 353

Buyers Realtors Real Estate Sellers 353

Housing Wire

JULY 16, 2021

Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. In 2020, roughly 25% of homebuyers paid cash for their properties. “I just sold a $700,000 home to a cash buyer last week. .

Buyers 545

Buyers Real Estate Agent Real Estate Housing Market 545

Housing Wire

MAY 18, 2021

But the past three years — and 2020, specifically — have been something else. Buying your dream home starts with being a well-prepared buyer and beginning the mortgage application process before you even look at homes. cities determined that Seattle is the top market for real estate agents to currently work in.

Real Estate 426

Real Estate Marketing Real Estate Agent Agents 426

Housing Wire

JANUARY 22, 2021

Existing home sales rose in December, and total home sales in 2020 reached the highest level in 13 years, according to the National Association of Realtors. million homes were sold in 2020, up 5.6% Yun added that 70% of homes sold in December of 2020 were on the market for less than a month. “To A total of 5.64 year over year.

Construction 413

Construction Investors Realtors Real Estate 413

Housing Wire

DECEMBER 13, 2021

As local housing markets across the country have hit alarming highs over the past 18 months, buyers desperate to get into a house have tried anything and everything to win the deal. The bill was sponsored by Democratic state representative Mark Meek, who is a real estate broker himself. 3601 et seq.).”.

Real Estate 393

Real Estate Law Sellers Agents 393

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? One of the researchers, Will Fried, had a hunch.

Clients 418

Clients Agents Buyers Sellers 418

Housing Wire

SEPTEMBER 13, 2023

It is important to note that every one of the major national networks, those listed above, along with RE/MAX , Anywhere , United Real Estate and HomeSmart , are still active with local combinations among both their company-owned operations and their affiliated firms.

Real Estate 300

Real Estate Valuation Brokerage Property Management 300

Housing Wire

MAY 18, 2021

states from 2013 to 2020, correlated with rates of sales tax, income tax and property tax in 2020. Florida, specifically, has the seventh-lowest tax rate in the country and gained more residents than all but four other states from 2013 to 2020. The trend is reversed in high-tax states, where an average of 2.5

Real Estate 424

Real Estate Property Taxes Agents Buyers 424

Housing Wire

OCTOBER 24, 2022

Within the span of a week, San Francisco-based digital real estate unicorn Roofstock completed its first property sale through non-fungible token (NFT) and laid off about 20% of its workforce. Operating on a remote real estate investment model, Roofstock enables customers to buy properties in other areas and rent them out.

Real Estate 330

Real Estate Investing Investors Business 330

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The downshift in buyer behavior at the foreclosure auction came two months before the downshift showed up in retail housing market data.

Housing Market 384

Housing Market Buyers Marketing Retail 384

Housing Wire

NOVEMBER 16, 2022

Homebuilder confidence continued to drop in November, hitting its lowest level since June 2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

Buyers 543

Buyers Mortgage Real Estate Housing Market 543

Housing Wire

JANUARY 22, 2021

This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% The COVID crisis of 2020 was responsible for a lot of abnormal metrics in the housing market. We saw hints of this prime housing market period as early as February of 2020.

Housing Market 545

Housing Market Marketing Inventory Realtors 545

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. But buyers shouldn’t get too excited. In August, 58.8% Raleigh, NC had the highest bidding-war rate of the 48 U.S.

Buyers 426

Buyers Inventory Real Estate Agent Agents 426

Housing Wire

JANUARY 26, 2022

Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. Rising prices affect different types of real estate investors in different ways, of course. in 2020 to 33.2%

Real Estate 424

Real Estate Investors Inventory Business 424

Appraisal Buzz

APRIL 11, 2022

Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence. Affordability remains an issue for younger buyers who haven’t yet saved enough money.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370