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.

Housing Market 431

Housing Market Realtors Buyers Inventory 431

Housing Wire

DECEMBER 10, 2020

At the National Association of Realtors Real Estate Forecast Summit on Thursday, NAR’S Chief Economist Lawrence Yun explained that although many are working from home now, he doesn’t expect that change to be permanent. By 2021, that number will decrease to 18%, then continue to decrease in 2022 to 12%. “I million housing starts.

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Real Estate Realtors Housing Market Contracts 491

Housing Wire

JANUARY 27, 2023

according to data released Friday by the National Association of Realtors (NAR). Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.” “This recent low point in home sales activity is likely over,” Lawrence Yun, NAR’s chief economist, said in a statement.

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Contracts Realtors Mortgage Buyers 417

Housing Wire

JULY 5, 2021

From the National Association of Realtors : “Pending home sales rose 8% in May from the prior month and 13.1% The May 2021 Pending Home Sales Index of 114.7 Contract signings rose in all regions in May compared to the prior month and one year ago. Some of that make-up demand bled over into the early months of 2021.

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Realtors Contracts Marketing Housing Market 487

Housing Wire

SEPTEMBER 29, 2021

Homebuyer contract signings in the U.S. its highest level since January 2021. Increased inventory of homes for sale, near historic low mortgage rates and favorable demographics means more housing demand, ” Odeta Kushi, the First American deputy chief economist said in a statement. “The lower than the same time last year.

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Contracts Inventory Housing Market Marketing 391

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. . months in August 2021.”. million in August.”

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Inventory Housing Market New Listings Mortgage 452

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. 20, the National Association of Realtors said that contract signings were up 23% year over year. Now, believe it or not, fall home-buying season is in full swing.

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Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported. Of the four major U.S. million – 6.2

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Inventory Housing Market Realtors Marketing 406

Housing Wire

AUGUST 31, 2021

annual growth rate logged the month prior, in May 2021. “While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper on price growth,” said CoreLogic Deputy Chief Economist Selma Hepp. By fueling the process with certainty. .

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Housing Market Inventory Buyers Real Estate 437

Housing Wire

SEPTEMBER 23, 2022

Women make up 66% of all Realtors, according to the National Association of Realtors ‘ 2022 Member Profile , but hold just a fraction of executive leadership positions throughout the industry. HW Media : What do you think will be the big themes for the housing market in 2022-2023?

Real Estate Agent 362

Real Estate Agent Agents Real Estate Realtors 362

Housing Wire

AUGUST 10, 2022

The market composite index , a measure of mortgage loan application volume, rose a marginal 0.2% The market index is down 62% compared to the same week in 2021. The refi index fell 82% from the same week in 2021 and the purchase index was down 18.6%, according to the MBA. earlier that month. Presented by: 1000watt.

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Mortgage Real Estate Agent Retail Contracts 359

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 million in 2022 from 6 million in 2021. million.). .

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Marketing Buyers Realtors Real Estate 437

Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% pending home sales fell 1.1% compared to a year ago.

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Realtors Inventory Contracts Development 533

Housing Wire

FEBRUARY 28, 2023

The 2022 housing market was largely characterized by the swift slowdown in demand caused by rapidly rising mortgage rates. year over year in 2022, according to data from the National Association of Realtors , home prices still managed to rise 5.8% However, even as existing home sales fell 17.8% in December, and now stands 4.4%

Inventory 393

Inventory Housing Market Contracts Realtors 393

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.

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Housing Market Marketing Real Estate Realtors 68

Housing Wire

MAY 11, 2021

When looking at the largest markets in the U.S., the biggest increase in luxury-home sales in the first quarter of 2021 was Miami, with sales up 101.1% The consequences of low inventory finally caught up with the broader housing market in February, with tightened supply largely responsible for a 10.6% from a year earlier.

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Mortgage Inventory Contracts Buyers 446

Housing Wire

OCTOBER 28, 2021

in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. An index level of 100 is equal to the level of contract activity in 2001. Pending contracts are good early indicators of upcoming sales closings.”. After rising 8% in August, pending home sales dropped 2.3%

Inventory 417

Inventory Renovations Contracts Buyers 417

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

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Mortgage Sellers Contracts Buyers 404

Housing Wire

APRIL 21, 2021

year-over-year in the first quarter of 2021, crushing sales of affordable homes (7% increase) and mid-priced homes (5.9%), per a recent report from Redfin. The consequences of low inventory finally caught up with the housing market in February, with tightened supply largely responsible for a 10.6% Sales of luxury homes rose 41.6%

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Luxury Properties Real Estate Agent Inventory Real Estate 487

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%.

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Supply Chain Inventory Buyers Contracts 407

Housing Wire

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

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Agents Buyers Sellers Inventory 402

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. Generally, they go under contract in a day or two.”

Housing Market 427

Housing Market Marketing Realtors Inventory 427

Lamacchia Realty

JUNE 21, 2022

That’s because fewer homes are being placed under contract. 2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. 2020 and 2021 did see slight hills and valleys but nothing as intense as the years prior. How do you know your house is overpriced? See chart below. Consider the Price Brackets.

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Housing Market Bracketing Marketing Sellers 63

Housing Wire

MARCH 3, 2022

People used to talk about Compass all the time,” said Jonathan Miller, a real estate appraiser at Miller Samuel , who compiles housing market reports for Douglas Elliman , a Compass rival. Here are the five biggest takeaways from the 2021 10K report. Compass CEO Robert Reffkin. Now, you don’t really hear about them.”.

Brokerage 356

Brokerage Agents Real Estate Law 356

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.

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Housing Market Marketing Supply Chain Mortgage 515

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. 00:02:50] Peaking into the Fall 2022 Austin housing market. And housing prices are still up! “In

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Housing Market Real Estate Marketing Buyers 36

Housing Wire

DECEMBER 20, 2021

But housing experts say a new phase of financial aid needs to be issued imminently to help those who are exiting forbearance and are still struggling to pay their mortgages. Black Knight data shows that roughly 450,000 forbearance plan expirations are expected to occur through the end of 2021, representing more than a third of active plans.

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Mortgage Government Contracts Insurance 354

Housing Wire

APRIL 14, 2022

trillion in agency MBS issuance outstanding as of year-end 2021, according to figures from the Securities Industry and Financial Markets Association , or SIFMA. Participants also generally agreed that the caps could be phased in over a period of three months or modestly longer if market conditions warrant.”.

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Marketing Investors Government Investing 397

Genworth MI Blog

AUGUST 31, 2022

The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

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Inspection Appraisal Marketing Appraisal Process 78

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. It’s the fourth consecutive decline, but many housing industry observers see big potential for the year ahead. However, contract signings rose 21.4% million in 2021, Yun said. pending home sales dipped to the tune of 0.3%

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Contracts Real Estate Housing Market Technology 530

Will Springer Realtor

APRIL 14, 2023

APRIL HOUSING UPDATE The signs are generally pointing in the right direction for our local (and national) residential real estate scene, but it is taking more time than usual to turn a cruise-ship-sized sector around without leaving damage in its wake. The estate has been on the market, on and off, since 2021, then at $14.75M.

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Contracts Buyers Housing Market Design 36

Housing Wire

DECEMBER 20, 2022

This falls well below the landmark $1 billion he reached in 2020 and 2021. Forecasting another purchase market in 2023, Nguyen started using his proprietary software for something new – to pursue relationships with realtors. “I Nguyen: We built some features to support realtors. Connie Kim: Thuan, you hit a record $2.47

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Business Retail Realtors Loan Officers 74

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

Cornerstone

JULY 1, 2021

It’s also the question most real estate agents and housing authorities are asking: “When will sellers start returning to the market?” Having such a shortage of homes has made the housing market even more competitive for prospective buyers, creating a strong seller’s market. For educational purposes only.

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Sellers Buyers Real Estate Agent Inventory 61

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. All four areas saw contract transactions increase from a year-over-year standpoint. For the fifth consecutive month , U.S.

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Supply Chain Inventory Housing Market Contracts 400

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. In 2022, there were fewer sales in Connecticut than in 2021, down 18.8%

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Inventory Sellers Buyers Real Estate 49

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.

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Realtors Realty Real Estate Agents 69