Housing Wire

MAY 23, 2023

While it’s not as clear how long-lasting the rebound will be, it does still provide some much-needed good news for the spring and summer housing market. in April 2023, according to the National Association of Realtors (NAR). That mild correction has played out, with an emphasis on mild. The national median home price decreased 1.7%

Housing Market 424

Housing Market Marketing Retail Sellers 424

Housing Wire

SEPTEMBER 7, 2023

That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.” But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents.

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Buyers Agents Loan Officers Real Estate 393

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

FEBRUARY 1, 2023

The slowdown in the Federal Reserve ‘s short-term rate hikes , announced on Wednesday, was welcome news for the mortgage market and solidified expectations that the 30-year mortgage rates will drop throughout 2023. in February 2022. Rates are still nearly 60% higher than they were one year ago at 3.8%

Buyers 393

Buyers Mortgage Landlords Law 393

Housing Wire

JANUARY 27, 2023

Pending home sales ended 2022 on a positive note. 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.” Interested buyers are out there. range,” Yun added.

Contracts 414

Contracts Realtors Mortgage Buyers 414

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. 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. One such measure is who is entering the market.

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Realtors Buyers Inventory Sellers 424

Sacramento Appraisal Blog

FEBRUARY 1, 2022

The market is rising, which is normal for January. UPCOMING PUBLIC SPEAKING GIGS: 2/9/2022 Yolo Associaton of Realtors market update (details) 2/18/2022 WCR El Dorado County market update (details) 2/25/2022 Placer Association […]. It’s price growth. Let’s talk about it.

Housing Market 388

Housing Market Marketing Realtors Buyers 388

Housing Wire

SEPTEMBER 30, 2022

The uncertainty and volatility in financial markets is heavily impacting mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Consequently, the Federal Reserve increased the federal funds rate by 75 basis points at its Federal Open Market Committee (FOMC) meeting in September. A year ago at this time, rates averaged 3.01%.

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Buyers Mortgage Loan Officers Retail 450

Housing Wire

NOVEMBER 13, 2023

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. The report is an annual survey of homebuyers and sellers who closed transactions between July 2022 and June 2023.

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Real Estate Agent Real Estate Agents Sellers 404

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 This level is still within my 2022 forecast sales range between 5.74 million and I am looking for more of the same in 2022, at the 5.74 million and 6.16 million level. from one year ago.

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Housing Market Marketing Inventory Sellers 542

Housing Wire

APRIL 30, 2024

It was the largest annualized increase recorded since November 2022. in February, the fastest annual rate since November 2022. Meanwhile, the National Association of Realtors reported that existing home sales increased by 9.5% National Home Price Index posted a 6.4% the previous month. the previous month. and New York.

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Inventory Realtors Buyers Marketing 471

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.

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Buyers Realtors Inventory Sellers 471

Housing Wire

FEBRUARY 10, 2023

Buyers seem like they can’t get a break,” Kechian said. “I I really think they had about three months last year where it was a buyers market in the fourth quarter. Literally, we’re right back to being a seller’s market again.” We feel like we picked up more market share in 2022,” Kechian said.

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Marketing Inventory Loan Officers Buyers 370

Housing Wire

DECEMBER 20, 2023

While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably. million, according to the National Association of Realtors. Compared to November 2022, existing home sales retreated 7.3%, down from 4.12 months in November 2022. Existing-home sales grew 0.8% All four U.S.

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Inventory Housing Market Realtors Buyers 424

Housing Wire

OCTOBER 27, 2023

the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules.

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Real Estate Agent Real Estate Realtors Buyers 457

Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022.

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Housing Market Marketing Inventory Mortgage 538

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. million and 6.16

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Housing Market Marketing Inventory Mortgage 483

Housing Wire

SEPTEMBER 28, 2023

in August, according to data released Thursday by the National Association of Realtors (NAR). below the August 2022 level. Mortgage rates have been rising above 7% since August, which has diminished the pool of home buyers,” Lawrence Yun, NAR chief economist said. All four regions of the U.S.

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Housing Market Contracts Government Buyers 471

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

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Marketing Buyers Realtors Real Estate 433

Housing Wire

MAY 5, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S. Exacerbating things further, inflation at 8.5%

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Housing Market Marketing Inventory Buyers 370

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 Multiple offers, however, are still occurring, especially on starter and mid-priced homes, even as price concessions are happening in the upper end of the market.” months in October 2022.

Inventory 404

Inventory Realtors New Listings Contracts 404

Lamacchia Realty

MAY 7, 2024

has released its “Top Producing REALTORS®,” for April 2024! 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! Shauna was also named in the Boston Agent Magazine’s Who’s Who 2022 edition ! Lamacchia Realty, Inc.

Realtors 72

Realtors Realty Real Estate Clients 72

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. .

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Retail Sellers Buyers Market Value 483

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. My rule to get the housing market out of the unhealthy stage is that we need total inventory back between 1.52

Housing Market 521

Housing Market Marketing Inventory Realtors 521

Housing Wire

MARCH 13, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. New York City, New York In many ways the spring of 2022 marked the full return of New York City and for a real estate agent like Johnson Tsai, a lead agent at REAL, this meant a massive up-tick in rental demand. “We

Housing Market 370

Housing Market Marketing Tenants Buyers 370

Lamacchia Realty

JANUARY 16, 2023

has released their “Top Producing REALTORS®,” for all of 2022! This program recognizes the Top 10 REALTORS® out of the nearly 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Lamacchia Realty, Inc.

Realtors 73

Realtors Realty Real Estate Agents 73

Housing Wire

SEPTEMBER 22, 2022

The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes. Inside Mortgage Finance pegged the firm as the eighth largest mortgage lender in the country in the first six months of 2022, originating $33.3 Presented by: Mortgage Coach.

Marketing 370

Marketing Tools Loan Officers Finance 370

Housing Wire

APRIL 18, 2024

Supply being near all-time lows is one thing, but existing home sales aren’t crashing like they did in 2022. The supply and demand equilibrium changed after November 2022, and that itself has kept prices rising even with existing home sales still trending at the lowest levels ever for the third calender year. million in March.

Inventory 483

Inventory Housing Market New Listings Buyers 483

Inman

MAY 10, 2023

A "drought" of new listings is driving up prices, reversing the sluggishness of late 2022 and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow.

Buyers 153

Buyers Inventory New Listings Marketing 153

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,” By the time it sold its final home in September 2022, the division had lost more than $1.5

Marketing 414

Marketing Inventory Renovations Investors 414

Housing Wire

NOVEMBER 7, 2023

The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Reffkin cited the Seattle market as reason for optimism.

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Agents Real Estate Agent Realtors Brokerage 404

Housing Wire

APRIL 26, 2024

The deal comes just days after the federal judge overseeing the commission case in Missouri approved a preliminary settlement that will see the National Association of Realtors and multiple other residential brokerages collectively pay hundreds of millions of dollars in damages and make large-scale changes to longstanding commission policies.

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Brokerage Agents Real Estate Buyers 457

Housing Wire

MARCH 22, 2023

January’s typical down payment is down 35% from the high recorded in June 2022, but still up 30% compared to pre-pandemic levels. was recorded in May 2022. in 2022 to 19% in 2023) and San Francisco (23.3% in 2022 to 25% in 2023). The less competitive market has also resulted in more buyers using FHA and VA loans.

Buyers 404

Buyers Sellers Mortgage Realtors 404

Lamacchia Realty

SEPTEMBER 10, 2022

has released their “Top Producing REALTORS®,” for August 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! Laurie is consistently named a top producing REALTOR® for the office as well as company-wide !

Realtors 71

Realtors Realty Real Estate Agents 71

Housing Wire

MAY 1, 2024

Just six months ago, when a Missouri jury found HomeServices of America, Keller Williams and the National Association of Realtors (NAR) liable for colluding to artificially inflate real estate agent commissions , the industry’s path forward was very murky. Dwiggins noted that unrepresented buyers also pose a major threat to the industry.

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Realtors Real Estate Agent Real Estate Brokerage 413

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. These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process. April was National Fair Housing Month.

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Housing Market Realtors Buyers Inventory 442

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

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Sellers Buyers Real Estate Contracts 424