Housing Wire

APRIL 6, 2022

Nearly 65% of homeowners planning to sell this year expect to list by the end of summer, which should provide a much-needed influx of inventory that should slow the explosive home price growth seen during the pandemic, according to a Realtor.com survey of prospective sellers.

Inventory 479

Inventory Sellers Buyers Marketing 479

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. We are working from a shallow bar in this index – seven years of growth were taken away in one year in 2022. We have had back-to-back weeks of noticeable decline in the Altos weekly inventory data.

Inventory 460

Inventory Housing Market Marketing New Listings 460

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. Listings jumped at both the state and city levels in 2021 and 2022. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.

Brokerage 421

Brokerage Realty Real Estate Inventory 421

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

Inventory 397

Inventory Marketing Mortgage Supply Chain 397

Housing Wire

JANUARY 20, 2023

The phrase “in like a lion, out like a lamb” is typically used to describe the month of March, but it is also applicable to existing home sales trends in 2022. The housing market may have started 2022 out with a bang, but it exited the year with a whimper,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement.

Inventory 368

Inventory Housing Market Realtors Buyers 368

Housing Wire

JANUARY 18, 2023

FCM) reduced the company’s size through 2022 amid a tough mortgage market. “The optimism is based on two factors: one, we’ve seen a nice trend in rates, moving lower over the last few weeks; and two, more and more houses are building up in inventory, so we’re seeing sellers being more willing to work with buyers.”

Inventory 441

Inventory Mortgage Retail Training 441

Housing Wire

MARCH 12, 2024

Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% million Hispanic households own their home, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2023 State of Hispanic Homeownership Report released on Tuesday. In total, more than 9.5

Real Estate Agent 457

Real Estate Agent Real Estate Buyers Realty 457

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 393

Buyers Agents Loan Officers Real Estate 393

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Supply being near all-time lows is one thing, but existing home sales aren’t crashing like they did in 2022. All four U.S.

Inventory 489

Inventory Housing Market New Listings Buyers 489

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market.

Inventory 355

Inventory Marketing Business Buyers 355

Housing Wire

APRIL 24, 2024

The Dallas-Fort Worth-Arlington metro area had the largest increase in population count between 2021 and 2022 of any metro area in the country, adding more than 170,000 people , according to the U.S. It is unsurprising, then, that Texas has seen a boom in new real estate brokerage offices in the past five years. Census Bureau.

Brokerage 367

Brokerage Realty Marketing Real Estate 367

Housing Wire

APRIL 14, 2023

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 428

Realtors Buyers Inventory Sellers 428

Housing Wire

APRIL 19, 2023

But the landscape is changing, and ADU buyers (and ADU builders and makers) are adapting to it. In early 2022, people were locking into 3% and 4% interest rates. Homelight surveyed real estate agents who found ADU ROIs to be neutral to negative, depending on the location. So, what’s happening with ADUs now?

Buyers 355

Buyers Real Estate Construction Finance 355

Housing Wire

JULY 28, 2023

from June 2022, according to Realtor.com economic researcher Hannah Jones. asking rent is just $24 shy of the $2,053 peak hit in 2022. Austin buyers must earn $92,000, down 3.3% year over year, and Phoenix buyers must earn $86,100, down about 1%. It dropped 17% year over year in June. Meanwhile, average U.S.

Buyers 370

Buyers Housing Market Investors Real Estate 370

Housing Wire

APRIL 20, 2021

In the past year, among the many challenges and difficulties brought on by the COVID-19 pandemic, the real estate and mortgage industries enjoyed a wave of success with low interest rates, refinance opportunities and etc. But if you’ve gotten this far I want to ask this question: how good is your real estate or mortgage CRM software?

Real Estate 410

Real Estate Mortgage Loan Officers Advertising 410

Housing Wire

JANUARY 12, 2024

in mid-2022. For repeat buyers and first-time buyers who entered the market in 2022, the average mortgage rate was above 6%. The lock-in effect is still real but listings are starting to tick up Declining mortgage rates appear to have helped the inventory situation somewhat. from a year ago.

Real Estate Agent 472

Real Estate Agent Sellers Inventory Mortgage 472

Housing Wire

DECEMBER 16, 2021

Nevertheless, while we view the trends described below as the most likely path for the economy and mortgage market in 2022, this news highlights the elevated level of uncertainty we’ve all been living with the past few years. A silver lining is that we are expecting both 2022 and 2023 to be record years for purchase originations.

Marketing 458

Marketing Mortgage Supply Chain Inventory 458

Housing Wire

DECEMBER 20, 2023

While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably. Compared to November 2022, existing home sales retreated 7.3%, down from 4.12 Housing inventory fell 1.7% Housing inventory fell 1.7% Meanwhile, unsold inventory sat at a 3.5-month million. “The

Inventory 404

Inventory Housing Market Realtors Buyers 404

Housing Wire

DECEMBER 16, 2022

This article is part of our Housing 2022-23 forecast series. The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The housing affordability crisis has pushed potential buyers to the sidelines.

Buyers 478

Buyers Realtors Inventory Sellers 478

Housing Wire

OCTOBER 20, 2023

home, up 15% ($15,285) from a year ago and up more than 50% since the start of the pandemic in early 2022. Meanwhile, wages have only increased by 5% since 2022. To conduct this analysis, Redfin compared median monthly mortgage payments for homebuyers in August 2023 and August 2022. higher than in September 2022.

Housing Market 500

Housing Market Marketing Buyers Modernization 500

Housing Wire

AUGUST 8, 2023

Douglas Elliman posted another quarterly loss as high mortgage rates and limited listing inventory continues to weigh on productivity. He attributed this to “stable pricing in their luxury markets where buyers are more immune to interest rates pressures and the competitive advantage provided by Douglas Elliman’s strong marketing business.”

Brokerage 325

Brokerage Real Estate Advertising Inventory 325

Housing Wire

NOVEMBER 21, 2023

Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. Meanwhile, unsold inventory sat at a 3.6-month

Inventory 403

Inventory Realtors New Listings Contracts 403

Housing Wire

JANUARY 12, 2023

Everyone in the mortgage and real estate industry is well aware of the shift in the market we experienced in 2022. Most, if not all, would describe the first half of 2022 and the last half of 2022 being two vastly different markets. .

Marketing 341

Marketing Inventory Real Estate Clients 341

Housing Wire

OCTOBER 19, 2023

Compared to September 2022, existing home sales slumped 15.4%, down from 4.68 million in September 2022. “As has been the case throughout this year, limited inventory and low housing affordability continue to hamper home sales,” NAR Chief Economist Lawrence Yun said in a statement. higher than in September 2022.

Inventory 389

Inventory Realtors Buyers Housing Market 389

Housing Wire

DECEMBER 26, 2023

Real estate experts say the performance reflects limited inventory in the country, a problem expected to continue in 2024. in October, marking nine consecutive monthly gains and the strongest national growth rate since 2022,” Luke said. The data released on Tuesday shows that home prices in all nine U.S.

Inventory 492

Inventory Real Estate Mortgage Marketing 492

Hank Miller Team

MARCH 21, 2022

The 2022 market could not be more different than the 2010-12 market.over 100K homes were on the market during the darkest days. The Atlanta real estate market explosion is due in large part to its broad appeal, size and vast selection of properties. There's so much more to know - ask us.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. I wanted to close before May 1, so I selected a buyer who was already in underwriting. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. Congratulations!” And that was that!

Agents 407

Agents Real Estate Agent Brokerage Real Estate 407

Housing Wire

DECEMBER 8, 2023

High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record. Elevated mortgage rates dampened homebuyer demand while a shortage of existing-home inventory kept prices elevated despite fewer buyers in the market. During the four weeks ending Nov.

Inventory 392

Inventory Buyers Mortgage Marketing 392

Hank Miller Team

DECEMBER 17, 2021

It’s with a MASSIVE dose of “we think” that we offer our latest opinions (12/16/21) for the first quarter of the 2022 North Atlanta real estate market. It's not a rosy outlook; expect home buyer frustration to increase in 2022. So what's in store for home buyers and sellers that have to make a move this spring?

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

D Fritz Appraisals

JUNE 28, 2022

The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Between 2021 and 2022, house prices in the Victoria, BC region rose by an average of 20%. Significantly reduced housing inventory.

Real Estate 106

Real Estate Marketing Inventory Housing Market 106

Padove Appraisal Service

DECEMBER 10, 2022

We have seen a combination of few homes offered for sale, and strong buyer demand. Buyers have had difficulty finding a home to purchase at any price. The higher cost of financing a home pushed some buyers out of the market. A key statistic is the inventory of homes offered for sale. They show us two things.

Marketing 147

Marketing Inventory Buyers Sellers 147

Hank Miller Team

MARCH 6, 2024

About two years ago this month, Atlanta real estate and interest rates started a very complex relationship. The Fed slammed the brakes on low rates, and despite the initial wobble, the Atlanta real estate market found stability and firm ground. A balanced market tends to have 3-5 months of inventory, this was down to 1.1

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. compared to 2022.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Empire Appraisal Group

JUNE 2, 2022

Is FOMO Fueling the Real Estate Market? Source: Is FOMO Fueling the Real Estate Market? Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot. . Florida Realtors. By Amber Randall. FORT LAUDERDALE, Fla.

Real Estate 78

Real Estate Marketing Housing Market Investors 78

Birmingham Appraisal

JULY 27, 2022

Do Buyers Have a Leg Up In Today’s Market? The smell of a market shift is in the air but what does this mean for the average buyer? Over the past two years, buyers have been put through the wringer. The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers.

Buyers 87

Buyers Inventory Sellers Appraisal 87

Hank Miller Team

NOVEMBER 8, 2021

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. But in this maelstrom comes a confident 2022 housing market forecast from Goldman Sachs; they predict home prices will appreciate 16 during 2022. An increase in new home inventory will have positive ripple effects.

Supply Chain 98

Supply Chain Inventory Housing Market Government 98

DW Slater Company

JUNE 6, 2022

The Gore House in 2022. Do the buyers know that this occurred in the home? Like most things in real estate, the answer is “it depends” According to a 2001 study by James Larsen , a professor of finance at Wright University, “a cross-section of homes where homicides, suicides or hauntings were reported sold for 2.9

Real Estate 166

Real Estate Appraisal Market Value Marketing 166