Housing Wire

SEPTEMBER 30, 2020

There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 I don’t think we’re looking at a slowdown for 2021, I think that’s predicted to be strong, and then maybe even after that,” Johnson said. Over the last four weeks ending on Sept.

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Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Redfin : Realtor.com : Altos Research : Clearly, we are seeing a slowdown in new listings as the data has been negative now for months. What does this mean?

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Inventory New Listings Housing Market Sellers 522

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. That’s where we come in.

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Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. How quickly would sellers return if rates were lower?

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Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. Two of my buyers just had their offers accepted because the sellers’ first buyers backed out.

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Inventory Housing Market Real Estate Agent Buyers 500

Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. This is never a good thing for housing.

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Housing Wire

JUNE 17, 2021

The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. . from April. .

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Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. 5 Real Estate Stats To Keep An Eye On. 1) Active Listings – Active listings in both Jefferson and Shelby County have increased since February.

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Housing Wire

JANUARY 20, 2023

from 2021, which NAR attributes to the “rapidly escalating interest rate environment.” In a typical spring market, sellers lead buyers, with new listings coming on the market in the early part of the year before buyers start thinking about shopping,” Sturtevant said. A total of 5.03 year over year.

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Inventory Housing Market Realtors Buyers 370

Listing Spark

SEPTEMBER 30, 2020

It’s a new month, but it hasn’t gotten any easier for buyers out there. That’s great news if you are a seller though. . Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. What’s driving this?

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Housing Wire

SEPTEMBER 22, 2022

With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. That was a huge red flag, hence all the statements in 2021 about unhealthy housing. . It doesn’t even look like we will breach the lower level of my inventory wish list of 1.52

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Housing Wire

APRIL 25, 2024

If you want to thrive this year, choosing the right real estate apps is crucial. To help, we reviewed hundreds of options to put together this list of the best real estate apps for 2024.

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Real Estate Agents Open Houses Tools 384

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. ” [00:05:56] 2022 Real Estate Market in Austin, Texas In 2022, transaction numbers were down 19.1%

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Housing Wire

AUGUST 20, 2023

The new listing data has been trending at the lowest levels ever for over 12 months now. The last thing we want to see is more sellers calling it quits faster than the current trend. Will higher rates extend the inventory season, or are we going into the traditional seasonal decline?

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Housing Wire

FEBRUARY 6, 2023

We don’t have a high price growth problem now and shouldn’t be with rates over 6%, as we saw in 2020, 2021, and the early part of 2022 when mortgage rates were lower. And should we be concerned if new listing data doesn’t grow much this year? The question is, right now, how much is demand hitting the inventory levels?

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Inventory Housing Market Marketing New Listings 462

Housing Wire

FEBRUARY 12, 2024

New listings each week, which were record few last year, are growing now. There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. There were 66,000 new listings this week, of which 14,000 are already in contract. It’s not a ton of sellers.

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Sellers Housing Market Buyers New Listings 396

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. It facilitated a very unhealthy housing market in 2020-2021 that became savage in 2022. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. It wasn’t part of my forecast in 2020 or 2021.

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Sellers Inventory Housing Market New Listings 504

Housing Wire

AUGUST 30, 2022

I don’t need to see total active listing get back to the historical range of 2-2.5 New listings are declining now. One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. This is not encouraging news at all, in my view. From Redfin.

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Housing Wire

OCTOBER 15, 2021

Most sellers who are on the market now are very motivated to move: landlords with vacant homes, families who already upgraded and need to sell their previous homes, couples splitting up,” David Palmer, a Redfin listing agent, said in a statement.

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Housing Wire

MAY 24, 2021

The April 2021 survey was sent to 50,000 Realtors selected from NAR’s over 1.4 There were 3,541 respondents to the online survey which ran from May 3-10, 2021, of which 1,731 had a client. NAR expects home prices in the next three months to increase nearly 6% from one year ago and will increase almost 3% from last year’s sales level.

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Listing Spark

DECEMBER 23, 2020

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . What’s driving the strength of our Texas real estate market? Months of Inventory (1.2

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Eppraisal

MARCH 18, 2022

According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." Work with a Real Estate Agent If you are in the market to find a home, first and foremost, find yourself an experienced, local real estate agent.

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Real Estate Agent Real Estate Agents Sellers 68

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. What should buyers and sellers be doing right now? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. How to vet real estate agents as a seller. powered by Sounder.

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Housing Market Real Estate Marketing Buyers 36

Housing Wire

NOVEMBER 16, 2023

Zillow’s 2023 Consumer Housing Trends Report finds that first-time buyers now make up 50% of all home buyers, up from 45% last year and a meaningful jump from 37% in 2021. For real estate professionals, the changing landscape is a call to action. Share helpful infographics Visual content is king.

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Real Estate Marketing Real Estate Agent Tools 397

Housing Wire

MAY 21, 2021

” New listings of homes for sale were down 12% from the same period in 2019, and active listings — the number of homes listed for sale at any point during the period — fell 49% from the same period in 2019. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.).

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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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Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent.

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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. “The

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Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. Here are five of the biggest change in the Texas Real Estate market.

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Real Estate Sellers New Listings Inventory 69

Housing Wire

JANUARY 29, 2021

“Greater participation of sellers and builders in the months ahead will make home sales possible while easing some of the pressure on price growth, which is currently rising at a double-digit percent rate and has been for almost six months.” Real Estate Tech Demo Day. million in 2021, Yun said.

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Contracts Real Estate Housing Market Technology 531

Housing Wire

MARCH 29, 2024

But like the temperatures, which are far from the triple-digit figures the residents of the Texas state capital will see in the coming months, local real estate professionals say that even though the market is warming up, it is nowhere near the frenzy at the height of the COVID-19 pandemic.

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Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

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Housing Wire

AUGUST 7, 2023

Then, Altos will be on watch to see if another boost in mortgage rates — like last September — derails the real estate market again. It’s no secret that sellers are absent in this market. It was at this point in 2022 when new listings started plummeting each week. Suddenly new listings volume dropped each week.

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Housing Wire

SEPTEMBER 26, 2023

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.

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Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. trillion in 2021.

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Real Estate Sellers Home Value Inventory 36

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Home sellers should focus on their local market and pull out all the stops when listing a house.

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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. Buyers and sellers tiptoed through caution. 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. Um, bye-bye!

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