Housing Wire

MAY 10, 2023

This is the smallest 12 month increase since the year ending April 2021 and the 10th consecutive month of declines. Lawrence Yun , the National Association of Realtors ’ chief economist, took a stronger stance during the “Residential Economic Issues and Trends Forum” at NAR’s ongoing Legislative Meeting.

Housing Market 381

Housing Market Insurance Realtors Buyers 381

Housing Wire

NOVEMBER 3, 2020

nationally by September 2021 as higher prices erode affordability. Home purchase demand managed to maintain pace through the summer, and now through the fall, as record low mortgage rates continued to encourage new borrowers to enter the market. Data from the National Association of Realtors and U.S. by September 2021.

Inventory 479

Inventory Housing Market Construction Marketing 479

Housing Wire

MAY 14, 2024

In late 2021, Congress renewed a 10 basis point tax on Fannie Mae and Freddie Mac loans for another decade – not based on loan risk, but to pay for non-housing spending. While we took some heat from raising this issue at that time, the proposed realtor settlement could mean that this now becomes a reality on the ground.

Sellers 355

Sellers Realty Insurance Realtors 355

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. We do not see new construction returning in a meaningful way any time soon. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

Mortgage 421

Mortgage Loan Officers Buyers Inventory 421

Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market.

Renovations 409

Renovations Realtors Construction Mortgage 409

Housing Wire

MAY 27, 2021

Record low rates lit the fire under what was a scorching hot market in 2020 with some economists speculating rising rates may be the best option for cooling it back down. Whether lenders want to lower costs or improve performance, outsourcing can strengthen a company’s operations regardless of the housing market.

Mortgage 466

Mortgage Inventory Housing Market Construction 466

Housing Wire

SEPTEMBER 23, 2021

Mortgage rates have been in a deadlock for the past two months, struggling to crest 3%, despite expectations that 2021 would bring higher levels. Meanwhile, the housing market continues to lure buyers seeking their dream home as well as those looking to reduce their monthly payments through a mortgage refinancing.

Mortgage 450

Mortgage Inventory Construction Technology 450

Lamacchia Realty

JANUARY 14, 2022

The Chelmsford office went from 67 sales in 2020 to 208 sales in 2021 (per MLSPIN 1/1/20 – 12/31/20 vs. 1/1/21 – 12/31/21). That is a 210% increase in sales in the first year, some of which can be attributed to the absorption of the Westford office in early 2021. Learn more about all of our Chelmsford REALTORS® here! marketing

Realty 70

Realty Realtors Clients Agents 70

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Top Ranked Realtors: Paige Martin & The Houston Properties Team.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

DECEMBER 28, 2021

By the end of 2019, just 4,608 people called the town home, However, by early 2021, the population was already rebounding, with roughly 6,000 people living in Paradise. Those prices are higher than the national median home price of $357,000 as of November, per the National Association of Realtors.

Insurance 366

Insurance Realty Agents Construction 366

Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. The low amount of existing homes left on the market continued to experience overheated prices from consistent competition. According to the NAR, properties typically remained on the market for 17 days in May, unchanged from April and down from 26 days in May 2020.

Inventory 421

Inventory Buyers Realtors Housing Market 421

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. million in September 2021. million units from 6.18

Mortgage 409

Mortgage Sellers Contracts Buyers 409

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. I go into real estate offices and Realtors have zero listings for the week,” said the LO, who requested anonymity to protect the business of her partners. “I And it’s going to get worse.

Mortgage 384

Mortgage Loan Officers Inventory Retail 384

Housing Wire

FEBRUARY 18, 2022

annually to $350,000, according to the Friday report from the National Association of Realtors. months of supply; a healthy market generally has between four and six months of supply. Homes priced between $100,000 and $250,000 were down 23% from January 2021, while sales of homes priced between $750,000 and $1 million rose 33%.

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

JULY 6, 2023

trillion in mortgage originations in 2021. New-home sales are up 20% year over year as of May 2023 while sales of existing homes are down by the same level, resulting in new-home sales accounting for some 30% of total housing inventory. “As million more housing units to meet existing demand. “The housing affordability.”

Inventory 466

Inventory Renovations Real Estate Government 466

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. year-over-year. .”

Housing Market 432

Housing Market Marketing Realtors Inventory 432

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

Appraisal 370

Appraisal Appraisal Process Valuation Renovations 370

Empire Appraisal Group

APRIL 22, 2021

Housing Demand Likely to Stay High for Years to Come. Source: Housing Demand Likely to Stay High for Years to Come | Florida Realtors. While higher housing costs and mortgage rates will chip away at buyer demand, the sheer volume of current buyers makes the next buyers’ market appear far away. MECKLENBURG, Tenn. –

Construction 78

Construction Finance Housing Market Buyers 78

Housing Wire

JANUARY 6, 2023

billion in origination volume in 2021 to less than $500 million in 2022, Gallo plans on using his database of former clients — which make up to 70% of his referral business — to follow up and check in this year. Connie Kim: Then who are your main referral partners – Realtors? Connie Kim: Let’s zoom in on the New Jersey housing market.

Business 407

Business Loan Officers Clients Inventory 407

Housing Wire

JULY 20, 2021

year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. “Last year was the strongest year in the housing market for new home sales in over a decade,” he said. In 2018-2019, total housing market inventory was in the range between 1.52

Housing Market 500

Housing Market Marketing Inventory Construction 500

Housing Wire

MARCH 1, 2022

Refinance volume is projected to fall by 63% in 2022 and overall origination volume is projected to be down 35% after 2020 and 2021 had recording-setting origination volume. Clearly, we love that the housing market supports so many professionals and households. No surprise here. This could be read through a negative lens.

Real Estate 372

Real Estate Brokerage Real Estate Agent Technology 372

Empire Appraisal Group

SEPTEMBER 22, 2022

housing market, some street and neighborhood names are sweeter than others in terms of being associated with expensive homes. Cinch Home Services, a home warranty seller, constructed a list of neighborhood and street names that are host to the most expensive homes in the country. A Key to Home Values | Florida Realtors.

Home Value 78

Home Value Real Estate Brokerage Construction 78

Houston Properties

JULY 20, 2022

She knows so much about the housing market so we felt very confident that we were in great hands!” – Dr. Jen Shroff. The Best Houston Realtor to Sell Your Home. Established on April 15, 1923, the restrictions state: No apartment houses or duplexes in Southampton. The Best Houston Realtor to Sell Your Home.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

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. Bright MLS: The Great Reset. “We

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Eppraisal

DECEMBER 14, 2021

Home Buyer Profiles The number of first-time home buyers is growing substantially , according to the National Association of Realtors. Young families are in need of housing so forbidding economic conditions will not be enough to postpone a home purchase. Does this prediction mean a chilly winter for residential real estate sales?

Real Estate 67

Real Estate Marketing Supply Chain Inventory 67

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

Construction 450

Construction Supply Chain Inventory Housing Market 450

Housing Wire

DECEMBER 18, 2020

And it’s a trend that is only going to get worse, as real estate company Redfin reports that hot housing markets in major southern cities , including Austin, will become less affordable in 2021. They’re frustrated and seeking newly constructed homes or moving further out on the outskirts of Austin , she said.

Realtors 450

Realtors Inventory Housing Market Real Estate 450

Will Springer Realtor

APRIL 14, 2023

“After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Contracts 36

Contracts Buyers Housing Market Design 36

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! Additionally, Shauna was recognized as a Top Producer for 2021. Lamacchia Realty, Inc.

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. Despite the decline, many industry observers see big potential for the housing market in the year ahead. And even with another month-to-month drop, pending home sales were 13% higher in January 2021 than they were in January 2020.

Supply Chain 402

Supply Chain Inventory Housing Market Contracts 402

Houston Properties

JULY 18, 2022

Contact Paige Martin , a top-ranked Houston realtor and head of the Houston Properties Team for questions and advice about River Oaks homes for sale. She is the best Houston realtor and we hope others won't have to depend on luck to find her. If you need a realtor in Houston, call her quickly and get ready to be wowed!

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

FEBRUARY 3, 2022

Best Houston Realtors: Paige Martin & The Houston Properties Team. The housing market has never been stronger and having a strong team of experts on your side to navigate the journey has never been more critical. Paige Martin is the best Realtor. Best Houston Realtors: Paige Martin & The Houston Properties Team.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Housing Wire

OCTOBER 7, 2022

So far this year, monthly job growth has averaged 420,000, down from 562,000 per month in 2021. The construction industry added 19,000 jobs in September, the majority (17,700) of which were specialty trade contractors, with 6,500 being residential specialty trade contractors. in August, with a total of 5.8 million unemployed persons.

Construction 366

Construction Real Estate Realtors Housing Market 366

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly today by the U.S. This is 12.6

Construction 370

Construction Housing Market Sellers Marketing 370

Housing Wire

OCTOBER 21, 2021

in September after waning in August, according to a new report National Association of Realtors released Thursday. decrease from August 2021. Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year.”. Existing-home sales rose 7.0% from a year ago.

Inventory 410

Inventory Buyers Realtors Contracts 410

Cornerstone

JANUARY 19, 2021

These are the highlights: The expert outlook on the 2021 housing market is optimistic. Mortgage rates are expected to stay low, and increased buyer demand is anticipated to spur more home sales and keep driving up housing prices. What will the 2021 housing market look like? Reading Time: 2 minutes.

Construction 61

Construction Housing Market Loan Officers Mortgage 61