Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. Per the report, homes that sold had five offers on average , and nearly 50% of homes sold for more than their list price during the four weeks ending May 16. Mortgage purchase applications also decreased 4% week over week.

Realtors 471

Realtors Buyers Housing Market New Listings 471

Housing Wire

MARCH 12, 2021

Trulia and the National Association of Realtors are also named in the suit. Zillow now has brokerage licenses in all 50 states , which has allowed it to transition from being a listing distribution partner to a member of NAR and local Realtor associations, giving the company access to Internet Data Exchange (IDX) feeds.

Real Estate 468

Real Estate Brokerage Realtors Real Estate Agent 468

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. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

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. Viescas added that, in El Paso County, there were 2,520 active Realtors as of Nov. Thank goodness Realtors were deemed essential.”.

Housing Market 411

Housing Market Real Estate Agent Marketing Real Estate 411

Housing Wire

APRIL 25, 2024

There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a few weeks ago in early April 2024.

Buyers 387

Buyers Marketing Inventory Investors 387

Cornerstone

FEBRUARY 15, 2022

When the pandemic first hit in early 2020, mortgage forbearance plans were announced, allowing homeowners in crisis to temporarily stop payments. Most homeowners whose forbearance plans are ending appear to have either paid up on their mortgage or have a plan in place from their lender that has enabled them to begin paying again.

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% With such massive home-price growth in 2020 and 2021 breaking my affordability model, I knew we were at high risk of a more significant sales decline than usual if the 10-year yield broke over 1.94%, which meant 4% + mortgage rates.

Housing Market 288

Housing Market Inventory New Listings Mortgage 288

Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. Despite the decline, housing demand is still strong compared to one year ago, evidenced by existing home sales from this January to April, which are up 20% compared to 2020. from April 2020 as every region recorded a price increase. from March to 5.85

Inventory 414

Inventory Buyers New Listings Marketing 414

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. For now, low mortgage rates are increasing buyers’ purchase power across the country.

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Supply Chain Inventory Housing Market Contracts 399

Housing Wire

MARCH 8, 2024

70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We We have been complaining about the lack of inventory for as long as I can remember, but then we at least had more listings,” Danny Yoon , an Edgewater, New Jersey-based Sotheby’s International Realty agent, said.

Housing Market 402

Housing Market Buyers Agents Marketing 402

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Last year was a tough one for the Indiana real estate market. as of February 29, 2024. According to Altos Research, as of Feb.

Housing Market 406

Housing Market Marketing Inventory Construction 406

Housing Wire

JULY 20, 2023

The existing home sales market has stabilized from its waterfall drop in demand but is having difficulty growing sales with 7% mortgage rates. Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data.

Marketing 338

Marketing Housing Market Inventory New Listings 338

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. ” The overall drop in pending home sales over the final quarter of 2020 can be contributed to a lack of inventory, according to Lawrence Yun, NAR’s chief economist. million in 2020. pending home sales dipped to the tune of 0.3%

Contracts 529

Contracts Real Estate Housing Market Technology 529

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. million homes, according to the National Association of Realtors. Conventional mortgage loans composed 74.4%

Housing Market 493

Housing Market Marketing Inventory Construction 493

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 The trends in this chart show how quickly home buyers reacted to the big mortgage rate jumps in 2022. You can see why home prices will likely end the year up over 2022 unless mortgage rates spike again.

Inventory 298

Inventory Contracts New Listings Buyers 298

Cleveland Appraisal Blog

JANUARY 5, 2023

How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio? Interestingly, the highest number of pending sales we saw in recent years was in December 2020. The chart below reflects the total active single-family listings in Cuyahoga County. We can expect more listings in the future.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Will Springer Realtor

JANUARY 9, 2024

The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. Treasurys and mortgage-backed securities. At the same time, many homeowners are sitting comfortably with low mortgage rates.

Mortgage 36

Mortgage Real Estate Law Lending 36

Listing Spark

SEPTEMBER 25, 2023

A Dip in New Mortgages With interest rates soaring to unexpected heights, many prospective homebuyers have taken a step back from applying for new mortgages. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

SEPTEMBER 30, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for August 2021 compared to August 2020. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 55

New Listings Real Estate Realty Buyers 55

Lamacchia Realty

AUGUST 30, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for July 2021 compared to July 2020. Broward County. Miami-Dade & Palm Beach Counties.

New Listings 45

New Listings Buyers Realty Real Estate 45

Lamacchia Realty

DECEMBER 27, 2021

November 2020. ?It It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Sales, average price and pending sales increased, but new listings decreased year over year for c ondos/townhomes. . Broward County.

New Listings 41

New Listings Buyers Realty Inventory 41

Lamacchia Realty

JANUARY 24, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for December 2021 compared to December 2020. Data provided by Florida Realtors® SunStats. Broward County.

New Listings 49

New Listings Inventory Buyers Realty 49

Lamacchia Realty

JANUARY 30, 2024

The attempt to restore equilibrium in interest rates, following their drastic drop in 2020, brought about then of pandemic-induced rates, resulting in a sustained presence of higher monthly mortgage payments. The frenzied market of 2021 was unsustainable, and consumers and REALTORS alike hoped for a return to normalcy.

Inventory 54

Inventory Sellers Buyers Contracts 54

Lamacchia Realty

SEPTEMBER 29, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Broward County single family and condo/townhome closed sales, new listings, and pending sales decreased. Increased mortgage rates have slowed the market (i.e.,

New Listings 41

New Listings Supply Chain Inventory Buyers 41

Lamacchia Realty

OCTOBER 27, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for September 2021 compared to September 2020. Data provided by Florida Realtors® SunStats. April 8, 2021.

New Listings 52

New Listings Realty Inventory Buyers 52

Lamacchia Realty

NOVEMBER 26, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for October 2021 compared to October 2020. Data provided by Florida Realtors® SunStats. Buyer Resources.

Realty 52

Realty Buyers Inventory New Listings 52

Will Springer Realtor

MAY 14, 2024

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. The trend is somewhat similar in the category of single-family homes (which our MLS includes townhomes), with the number of new listings in King up 26% YoY and 18% since March (2551). Far from the Fed’s 2.0%

Marketing 36

Marketing Inventory Buyers Sellers 36

Lamacchia Realty

JULY 26, 2023

Sales are down now due to major mortgage rate increases crushing buyer affordability, and sellers hesitating to list their homes because they don’t want to lose their low pandemic era rates. Listings are the lowest they have been in recorded history, click here to read our recent report (or see below in our Listings section).

Sellers 57

Sellers Inventory Buyers Contracts 57

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution. How can we forecast years out?

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Will Springer, Realtor®. for the year, the first YoY price decline in the county since May 2020 early in the pandemic.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

MAY 13, 2024

Many residents struggle to find and keep a home that they can afford, accentuated by soaring housing prices since the start of the pandemic in 2020. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

FEBRUARY 19, 2021

Lawrence Yun, chief economist for the National Association of Realtors , said last month that he expected momentum to carry over from the end of 2020. million homes were sold in 2020, up 5.6% million in 2021 – even with mortgage rates likely to inch higher due to the rising budget deficit and higher inflation.

Inventory 542

Inventory Sellers Real Estate Buyers 542

Lamacchia Realty

JULY 26, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for June 2021 compared to June 2020. Condo/townhome sales in 2020 came to 1,020 and jumped to 2,318.

Buyers 36

Buyers Sellers New Listings Realty 36

Will Springer Realtor

APRIL 8, 2021

The median down payment on single-family homes and condos purchased with financing jumped 19% in Q4 of 2020 from the previous quarter. home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). of all mortgages in the country. BY THE NUMBERS. housing markets.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2022

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. home prices, up 14% year over year (YoY) by one measure, and escalating mortgage rates, which have risen about 2.1 based on 2020 data from the U.S. The potent combo of rising U.S.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. Builders began construction on just under a million single-family homes in 2020. New data show this subset of buyers accounted for 2.8%

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

FEBRUARY 9, 2022

“That’s a triple whammy hitting potential homebuyers,” notes Len Kiefer, deputy chief economist at Freddie Mac, which buys many of our mortgage loans from lenders. People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. The new fees will take effect on April 1. “As

Buyers 36

Buyers Law Inventory Development 36