Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. million and 6.16

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Housing Wire

JUNE 21, 2022

The housing nightmare continues. The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 NAR Research : The median existing-home price for all housing types in May was $407,600, up 14.8% million, which I would find to be the best thing ever for housing, is not happening this year.

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Housing Wire

APRIL 30, 2021

But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on. from 2010, per a recent U.S.

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Housing Wire

SEPTEMBER 2, 2020

The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. 1 reason,” said Lawrence Yun, chief economist of the National Association of Realtors said in an interview with HousingWire. from last year.

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Housing Market Marketing Realtors Mortgage 546

Housing Wire

MAY 5, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S. lower than it was in March 2021.

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Housing Wire

MARCH 18, 2021

One example is Colorado’s housing market, which has seen the effects of an insanely competitive market combined with low inventory push buyers into secondary cities – and sometimes, beyond. So, how are Pueblo real estate agents handling the unprecedented housing market activity?

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Housing Market Marketing Real Estate Agent Buyers 543

Housing Wire

JUNE 29, 2022

The real estate market is cooling down. Reports released this week by several respected market observers point to less good and increased bad and ugly ahead for the housing market. Moody’s Investors Service , in a housing-market report released this week, puts some ugly back into the home-sales figures for May, however.

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Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. from 2010 to 2020, Peoria’s population dropped 2.5%

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Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

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Housing Wire

MARCH 26, 2021

But the East Coast seaside town was gaining popularity way before then – millennials , especially, began flocking to the Portland housing market in 2020 to take advantage of the city’s growing startup scene of biotechnology , bioscience and biopharma. A balanced market, Davin said, requires five to six months.

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Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.” trillion in 2023 will look awfully rosy.

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Housing Wire

APRIL 1, 2022

The unemployment rate is now just marginally higher than its February 2020 level of 3.5%. “And the confidence that many potential homebuyers have in their financial situation also benefits from this historically strong job market. ” Cracking the code on marketing to the realtor channel. Presented by: 1000watt.

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Housing Wire

OCTOBER 1, 2021

But for the past 12 months, the metro’s housing market has been in complete chaos. “It The Provo-Orem market is growing at a faster rate per capita than really anywhere else in the state of Utah, including our capital, Salt Lake City.”. above the list price and sat on the market about 11 days before going pending.

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Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. rise in houses sold in the same timeframe – from 670 to 940. Combined with interest rates that began around 2.5%

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Housing Wire

SEPTEMBER 15, 2020

in 2020 and 2.7% The housing market has boomed because of the low interest rates created by a Federal Reserve program to buy mortgage bonds. “Housing data over the past month continued to show a strong ‘V-shape’ rebound, helping drive the broader economy,” the Fannie Mae forecast said.

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Housing Wire

MAY 7, 2024

The official magazine for the National Association of Realtors (NAR) recently touched on the topic of reverse mortgages, mentioning products such as the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) and addressing topics like the desires of baby boomers to age in place in their homes.

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Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 The demand is clear — the Boise housing market has just 0.3 Boise, Idaho was the No.

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Marketing Realty Realtors Housing Market 533

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). It was the largest monthly jump in pending home sales since 2020. Job additions and income growth will further help with housing affordability, but increased supply will be essential to satisfying all potential demand.”

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Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

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Housing Wire

DECEMBER 1, 2020

Mark Birschbach, Senior Vice President, Strategic Business, Innovation and Technology National Association of Realtors. The post 2020 HW Tech Trendsetter: Mark Birschbach appeared first on HousingWire.

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Housing Wire

MAY 15, 2024

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. We can observe this trend in both the count of new listings per week and in the total number of unsold homes on the market.

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Housing Wire

FEBRUARY 9, 2021

The demand for real estate has grown to a frenzy in some areas of the country over the last year and succeeding in those competitive markets requires skill, experience and finding innovative ways to get deals done. That’s why we’ve invited Xio Sandoval, a top Century 21 Realtor, to speak at our Spring Summit on March 4.

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Housing Wire

MARCH 22, 2021

According to The National Association of Realtors, February’s existing home sales missed estimates , coming in at 6.2 Because February 2020 sales were strong, the year-over-year growth in sales for February 2021 is impressive at 9.1%. For the housing market, the COVID crisis started in earnest in March of 2020.

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Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. “The largest, undisrupted market in the U.S.,” presentation slide for investors in the SPAC that took it public, also in 2020. “Significant untapped growth potential,” touts a slide in an Offerpad Solutions Inc.

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Marketing Inventory Renovations Investors 421

Housing Wire

JULY 29, 2021

Though the desire for buyers to purchase a new home remains strong, skyrocketing prices are putting the dream out of reach for some buyers, economists in the housing industry said. in June, according to the National Association of Realtors , which tracks the metric. (An from June 2020. from June 2020. last month, down 2.4%

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Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. The housing market may have started 2022 out with a bang, but it exited the year with a whimper,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. “The from November to a pace of 4.02 A total of 5.03

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Inventory Housing Market Realtors Buyers 383

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. But, there is one bright spot — inventory is rising.

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Inventory Housing Market Marketing Realtors 512

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. April was National Fair Housing Month. In February, NAR in partnership with Realtor.com released The Double Trouble of the Housing Market report.

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Housing Market Realtors Buyers Inventory 449

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. Kanacki said that when it came to seasonal buying, “we’re still riding the wave with 2020.” Over the last four weeks ending on Sept.

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Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . from July to a seasonally adjusted annual rate of 4.80

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Eppraisal

FEBRUARY 9, 2024

In the dynamic world of real estate, certain markets are blazing trails as magnets for millennials seeking new opportunities and lifestyles. Here are the top ten hottest housing markets that millennials are flocking to, backed by compelling statistics that underscore their appeal. The city's job market expanded by 2.4%

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Housing Wire

DECEMBER 22, 2020

million, according to a report from the National Association of Realtors on Tuesday. Home sales in November took a marginal step back, but sales for all of 2020 are already on pace to surpass last year’s levels,” said Lawrence Yun, NAR’s chief economist. Like October, homes were on the market for an average of 21 days.

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Inventory Housing Market Realtors Marketing 514

Housing Wire

APRIL 21, 2021

Nebraska-based Charter Title and Escrow has formed a Hispanic division to further assist Spanish-speaking customers, Realtors and loan officers in the region, the company announced on Wednesday. in 2020 to 8.8 The Urban Institute reported in January that, between 2020 and 2040, there will be 6.9

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Marketing Real Estate Loan Officers Realtors 384

Housing Wire

SEPTEMBER 10, 2020

The rates are driving demand in the housing market, helping to counter-balance an economic slowdown that showed signs of worsening after the COVID-19 pandemic flared in some of the nation’s largest states in recent months, said Sam Khater, Freddie Mac’s chief economist. Existing home sales in 2020 likely will total 5.4

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Mortgage Housing Market Realtors Buyers 541

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. The April 2021 survey was sent to 50,000 Realtors selected from NAR’s over 1.4 However, there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin.

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Housing Wire

JULY 13, 2021

Competition between would-be homebuyers is still high, but an increase in homes hitting the market in June brought some relief from bidding wars. The market is still competitive, but buyers are more trepidatious than they were at the start of 2021, and less willing to pull out every stop in order to win.” million and 1.92

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Inventory Housing Market Real Estate Agent Buyers 500

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. A healthy housing market is considered roughly six months of supply.

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