Housing Wire

MAY 20, 2021

As the market continues to churn through distressed inventory, Black Knight expects overall delinquencies to “normalize” at pre-pandemic levels by the end of 2021. How real estate agents can alleviate consumer pain points in a tight market. However, that is if the current pace can hold.

Mortgage 492

Mortgage Real Estate Agent Inventory Real Estate 492

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans.

Mortgage 469

Mortgage Real Estate Agent Renovations Finance 469

Housing Wire

FEBRUARY 19, 2021

Louis real estate.” ” RentPath, which owns the portals Rent.com and ApartmentGuide.com , saw a significant uptick in traffic during 2020, Redfin CEO Glenn Kelman said in its statement. The real estate tech company believes there is synchronicity in acquiring RentPath. Presented by: PropStream.

Real Estate Agent 430

Real Estate Agent Real Estate Agents Brokerage 430

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. So far, Offerpad’s agents have played a bit role in the company’s growth.

Agents 401

Agents Real Estate Agent Real Estate Sellers 401

Housing Wire

SEPTEMBER 17, 2021

of offers written by Redfin agents faced a bidding war, down from the peak in April of 74.3%, and below the August 2020 bidding war rate of 59.4%. The report attributes this decrease to the normal seasonal slowdown, causing the shortage of inventory to slow as well. In August, 58.8% But buyers shouldn’t get too excited.

Buyers 437

Buyers Inventory Real Estate Agent Agents 437

Housing Wire

JULY 13, 2021

Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% In 2018-2019, total housing inventory was in the range between 1.52 million, and that level of inventory helped to drive real home-price growth in 2019 into negative territory briefly.

Inventory 497

Inventory Housing Market Real Estate Agent Buyers 497

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?

Housing Market 542

Housing Market Marketing Real Estate Agent Buyers 542

Housing Wire

APRIL 15, 2021

Record demand and the lowest levels of inventory on record pushed sales prices to record highs in March and made life very complicated for buyers, real estate agents, builders and lenders across the United States. In modern history, the housing market has never seen a month like March.

Housing Market 475

Housing Market Marketing Real Estate Agent Real Estate 475

Housing Wire

MAY 28, 2021

” How real estate agents can alleviate consumer pain points in a tight market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. But until then, the housing market will remain red-hot.” from a year ago.

Buyers 417

Buyers Real Estate Agent Real Estate Inventory 417

Housing Wire

MARCH 27, 2024

Those advantages, coupled with cheap land, made the city a favorite for homebuilders like DR Horton and Lennar that brought plenty of new inventory to market. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 425

Brokerage Realty Real Estate Inventory 425

Housing Wire

APRIL 21, 2021

The typical luxury home that was for sale during the first quarter spent 61 days on the market — 38 fewer days than the same period in 2020. Lack of inventory , a national housing issue following the onset of the pandemic, isn’t an issue for luxury homes. When looking at the largest markets in the U.S., from a year earlier.

Luxury Properties 487

Luxury Properties Real Estate Agent Inventory Real Estate 487

Housing Wire

NOVEMBER 4, 2022

Housing affordability and limited inventory impacted the buying power of all buyers, however, the greatest impact was felt by Black and Asian Americans, as both groups saw a shrinking share of home buyers,” Jessica Lautz, NAR’s vice president of demographics and behavioral insights, said in a statement.

Buyers 378

Buyers Sellers Real Estate Agent Real Estate 378

Housing Wire

JANUARY 4, 2021

Most major players are projecting home prices to rise, and while strong construction could put more inventory on the market, it likely won’t be enough to tip the scales in buyers’ favors. Freddie Mac projects prices to rise only 2.6% — much better than 2020’s 5.5% projected clip. . Fannie Mae actually predicts a 2.8% The bottom line.

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. Pausing new contracts will enable us to focus on sellers already under contract with us and our current home inventory.”. billion in unsold home inventory.

Renovations 383

Renovations Real Estate Construction Contracts 383

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. As of July 14, nearly one-third of U.S. That represents the largest share since 2014, when 30.6%

Buyers 545

Buyers Real Estate Agent Real Estate Housing Market 545

Housing Wire

JANUARY 21, 2021

million average growth from 2010 through 2020, UI projects 8.5 million in growth from 2020 through 2030 and 7.6 In today’s low-inventory environment, complicated by external factors such as forbearance and foreclosure moratoriums, it’s crucial for real estate agents and brokers to be proactive in order to grow their business.

Real Estate Agent 475

Real Estate Agent Real Estate Inventory Finance 475

Housing Wire

MAY 18, 2021

But the past three years — and 2020, specifically — have been something else. “I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties.

Real Estate 437

Real Estate Marketing Real Estate Agent Agents 437

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

MAY 11, 2021

The San Francisco-based instant homebuyer announced a net income loss of $270 million on Tuesday, a 421 percent jump compared to the first quarter of 2020’s $62 million deficit. The Q1 2021 loss approached Opendoor’s $280 million net income loss for all of 2020. And by some secondary measurements, Opendoor is growing.

Real Estate Agent 353

Real Estate Agent Real Estate Brokerage Inventory 353

Housing Wire

APRIL 30, 2021

In 2020, approximately 20% of all Americans moved — and Arizona was the seventh most-popular destination of those movers. The proof is in the home prices, which have shot up in Arizona since the beginning of 2020. Listing prices hit an average of $725,000 in September 2020 — the highest in more than two years. Census report.

Housing Market 543

Housing Market Marketing Real Estate Real Estate Agent 543

Housing Wire

JANUARY 25, 2021

In today’s low-inventory environment, complicated by external factors such as forbearance and foreclosure moratoriums, it’s crucial for real estate agents and brokers to be proactive in order to grow their business. ” Of the cumulative forbearance exits for the period from June 1, 2020 through Jan.

Real Estate Agent 427

Real Estate Agent Inventory Real Estate Business 427

Housing Wire

JANUARY 17, 2023

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage saw mortgage origination volume plummet by 40% last year — at a time when mortgage rates had more than doubled, home prices remained elevated and the market suffered from a shortage of inventory. . billion in the past 12 months, down from $15.35

Mortgage 383

Mortgage Real Estate Real Estate Agent Realtors 383

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

JULY 26, 2021

That market, which is fiercely competitive, allows consumers the best chance to see all inventory and make informed decisions. In the process, American consumers can count on a real estate agent to look out for their needs and provide critical, expert advice. fell to new a new low of 4.94% in 2020. And expedient.

Real Estate Agent 383

Real Estate Agent Real Estate Sellers Legal 383

Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. By the numbers, Springfield is dealing with a similar high-demand, low-inventory quandary as the rest of the country, though with lower prices. San Diego, California. Peoria, Illinois. “If

Housing Market 368

Housing Market Marketing Real Estate Agent Agents 368

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

Real Estate Agent 407

Real Estate Agent Real Estate Agents Brokerage 407

Housing Wire

FEBRUARY 10, 2022

Zillow lost $528 million in 2021, the company reported, compared to losing $162 million in 2020. real estate, where housing prices went up, and up and up , and “How to become a real estate agent” was one of the most frequent Google searches. billion total in 2020. Zillow did report $8.1

Real Estate 392

Real Estate Advertising Real Estate Agent Agents 392

Housing Wire

APRIL 7, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. There might even more intensity this year, since 2020’s spring homebuying season was limited by virus-related lockdowns,” Duncan said.

Sellers 509

Sellers Real Estate Agent Real Estate Loan Officers 509

Housing Wire

NOVEMBER 16, 2020

But the virus has had anything but a negative impact on real estate in El Paso. 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. Interest rates were so low, at 2.5%

Housing Market 417

Housing Market Real Estate Agent Marketing Real Estate 417

Housing Wire

FEBRUARY 8, 2021

In 2021, a lingering symptom of the economic sickness we suffered in 2020 is forbearance. In today’s low-inventory environment, complicated by external factors such as forbearance and foreclosure moratoriums, it’s crucial for real estate agents and brokers to be proactive in order to grow their business.

Housing Market 544

Housing Market Marketing Government Real Estate Agent 544

Housing Wire

MARCH 5, 2024

trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. How do you help real estate agents? We help listing agents generate significantly more buyers for their home sales. We help agents get a marketing edge by including their mortgage with the home sale.

Mortgage 426

Mortgage Buyers Agents Real Estate Agent 426

Housing Wire

MAY 10, 2021

Chat with a few real estate agents based in Harrisburg, Pennsylvania — a city ninety minutes from Baltimore and two hours from Philadelphia — and a similar topic will undoubtedly emerge: the capital of the Keystone State has become one of the most popular places to move to in the entire country due to low home prices.

Buyers 231

Buyers Real Estate Agent Real Estate Inventory 231

Housing Wire

FEBRUARY 8, 2021

In today’s low-inventory environment, complicated by external factors such as forbearance and foreclosure moratoriums, it’s crucial for real estate agents and brokers to be proactive in order to grow their business. Here’s how to find property owners ready to sell. Presented by: PropStream.

Real Estate Agent 487

Real Estate Agent Real Estate Inventory Investors 487

Housing Wire

MARCH 12, 2021

REX, an Austin-based real estate startup, said Zillow’s new listing layout, which includes tabs entitled “agent listings” and “other listings,” positions its listings in a “recessed obscured, and deceptive tab that consumers do not see.” billion visits.

Real Estate 475

Real Estate Brokerage Realtors Real Estate Agent 475

Housing Wire

JANUARY 8, 2021

2020 proved that we all need to work to find new ways to generate business. Fast forward to 2021 and expanding our mortgage lending business has taken on a new form as the inventory in many markets have taken a sharp downturn during the pandemic, pushing it into some of the lowest availability in history.

Lending 445

Lending Mortgage Inventory Business 445

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I

Housing Market 385

Housing Market Marketing Buyers Agents 385

Housing Wire

APRIL 29, 2022

If I believe Twitter and the charts and graphs that show 2015 trends or 2020 trends or 1982 trends, I can’t help but to ask, what if these are not an indicator of today, but the beginning of a new normal? Builders do not have inventory — or workers and supplies. Products are limited as is inventory. If not, what does that mean?

Mortgage 370

Mortgage Real Estate Agent Technology Inventory 370