Housing Wire

FEBRUARY 16, 2024

The Department of Justice (DOJ) is asking the real estate industry to consider a world without the practice of cooperative compensation. The Antitrust Division’s own analysis of buyer-broker prices in large metropolitan areas in NWMLS’s region shows that the October 2022 change likewise had no meaningful effect.

Sellers 432

Sellers Buyers Real Estate Contracts 432

Housing Wire

DECEMBER 16, 2022

This article is part of our Housing 2022-23 forecast series. In the first few months of 2022, primary-residence buyers and second-home buyers (investors and vacation buyers) flocked to the market at a frenzied pace under the correct assumption that mortgage rates would rise. offers, according NAR’s REALTORS® Confidence Index.

Buyers 479

Buyers Realtors Inventory Sellers 479

Housing Wire

MAY 25, 2023

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in March.

Inventory 376

Inventory Housing Market Contracts Government 376

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 Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. months in October 2022.

Inventory 406

Inventory Realtors New Listings Contracts 406

Housing Wire

MARCH 29, 2023

Month-over-month, contract signings increased in three U.S. regions, but declined in the West, according to the National Association of Realtors. Overall, contract signings were down 21.1% from February 2022. After nearly a year, the housing sector’s contraction is coming to an end,” he said in a statement Wednesday.

Contracts 303

Contracts Realtors Home Value Housing Market 303

Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years,” Lawrence Yun, NAR chief economist said in a statement.

Inventory 398

Inventory Contracts Housing Market Realtors 398

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

Real Estate 495

Real Estate Realtors Housing Market Contracts 495

Housing Wire

SEPTEMBER 28, 2023

in August, according to data released Thursday by the National Association of Realtors (NAR). below the August 2022 level. An index of 100 is equal to the level of contract activity in 2001. Pending home sales, like new home sales, are based on contract signings. All four regions of the U.S.

Housing Market 464

Housing Market Contracts Government Buyers 464

Housing Wire

SEPTEMBER 23, 2022

But ultimately, real estate is the business of delivering homeownership — the primary means by which most Americans build generational wealth — to people, and the affordability crisis challenges that, disproportionately affecting low-income homebuyers and people of color. Katherine Mechling: A big one is moderation.

Real Estate Agent 366

Real Estate Agent Agents Real Estate Realtors 366

Housing Wire

MARCH 27, 2024

The court initially certified the class in April of 2022, as it found that the class satisfied all the requirements of Federal Rule of Civil Procedure 23. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. The Eighth Circuit refused this request.

Law 399

Law Sellers Realtors Contracts 399

Housing Wire

SEPTEMBER 29, 2022

according to data released Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. year over year in 2022, to 5.19 regions recorded year-over-year decreases in contract signings. Pending home sales continued to drop in August, recording a 1.0% million units.

Contracts 378

Contracts Realtors Inventory Marketing 378

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. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 396

Buyers Agents Loan Officers Real Estate 396

Housing Wire

NOVEMBER 3, 2023

Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. Judge Stephen R. Bough of U.S.

Real Estate 319

Real Estate Brokerage Buyers Property Management 319

Housing Wire

JULY 29, 2021

in June, according to the National Association of Realtors , which tracks the metric. (An An index of 100 is equal to the average level of contract activity during 2001, the first year examined. in 2022. . million in 2022 from 6 million in 2021. The overall pending home sales index fell 1.9% million.). .

Marketing 441

Marketing Buyers Realtors Real Estate 441

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 first, the market has to close out 2022, a year when inflation soared to a 40-year high and rapidly rising mortgage rates put the brakes on what had been a pandemic-era homebuying frenzy.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

APRIL 27, 2023

For the first time since November 2022, pending home sales fell in March, posting a 5.2% month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. year over year.

Inventory 425

Inventory Realtors Contracts Construction 425

Housing Wire

OCTOBER 31, 2023

in September year over year to $394,300, according to the National Association of Realtors. The Case-Shiller index measures repeat sales data and reflects a three-month moving average, meaning that the August data includes homes that went into contract in June. The median existing-home sale price rose 2.8%

Inventory 474

Inventory Housing Market Contracts Realtors 474

Housing Wire

JULY 19, 2022

However, the lenders and loan officers who will be most successful in the second half of 2022 will be those who pivot quickly, understanding both the nuances of the market and the best strategies to help solve problems for today’s homeowners, homebuyers, homesellers, Realtors and financial advisors. Their research shows the U.S.

Mortgage 410

Mortgage Loan Officers Technology Real Estate 410

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 401

Inventory Housing Market Contracts Realtors 401

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 421

Inventory Renovations Contracts Buyers 421

Empire Appraisal Group

FEBRUARY 29, 2024

CHICAGO – Homeowners who decline to use a real estate agent to sell their property are twice as likely to say they weren’t satisfied with the selling experience, according to a new survey from Clever Real Estate of 1,000 home sellers in 2022 and 2023.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. After posting a 2.5% compared to a year ago.

Housing Market 427

Housing Market Realtors Contracts Buyers 427

Housing Wire

FEBRUARY 21, 2023

Existing home sales started 2023 right where they left off at the end of 2022, dropping for the 12 th consecutive month. million, according to a report from the National Association of Realtors (NAR) released Tuesday. from January 2022. In January, the seasonally adjusted sales pace for existing homes dropped 0.7% in January.

Inventory 367

Inventory Buyers Housing Market Contracts 367

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. from 2022 to 2023, to 1.47 annual drop recorded in May.

Construction 366

Construction Inventory Realtors Housing Market 366

Empire Appraisal Group

NOVEMBER 3, 2022

More than a quarter of real estate professionals say they avoid having any interaction with an appraiser, falsely believing they legally can’t. The survey of more than 600 appraisers and 2,500 residential real estate pros was conducted in May. Source: Can You Talk to an Appraiser? nar.realtor).

Appraisal 78

Appraisal Legal Appraisal Process Real Estate 78

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. Even though the recent existing-home sales data has been outperforming my expectations , the pending home sales data to me looks more in line with my expectations for 2022. 2022 Pending home sales.

Inventory 410

Inventory Housing Market Realtors Marketing 410

Listing Spark

JULY 21, 2023

Flipping homes is a lucrative real estate investment strategy, but it can also be a risky one. A popular consideration is getting a real estate license. After all, you can then search for homes on the MLS, negotiate contracts without a real estate agent (or expensive commission), and then list it back on the MLS.

Real Estate 36

Real Estate Real Estate Agent Agents Investors 36

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% Sales Down 18.8%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% However, seasonality will kick in soon, and it doesn’t look that 2022 will get us there. million in January of 2022. million in August.”

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Empire Appraisal Group

JUNE 22, 2022

Florida Realtors economist : In 1Q 2022, half of new Fla. listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed. ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market.

Marketing 78

Marketing Contracts Realtors Tools 78

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. 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. 00:02:50] Peaking into the Fall 2022 Austin housing market. powered by Sounder.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

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. The real estate brokerage unveiled its first annual report Monday, a federally required document for any public company.

Brokerage 362

Brokerage Agents Real Estate Law 362

Housing Wire

JULY 28, 2022

Lawrence Yun, chief economist for the National Association of Realtors, doesn’t believe raising interest rates by 75 bps will have an effect on mortgage rates. through the rest of 2022. Signed contracts to purchase existing homes declined a wider-than-expected 8.6% in mid-June,” Yun added. increase in April and a 20.6%

Housing Market 306

Housing Market Marketing Loan Officers Buyers 306

Lamacchia Realty

MARCH 17, 2022

ARE YOU A "WANT-TO-BE" SELLER IN 2022? Now two years later , 2022 started with the lowest inventory EVER recorded and while inventory has grown slightly, This means NOW is a still a great time to list and take advantage of motivated buyers before other sellers really start to saturate the market. Worried about having to move twice?

Sellers 66

Sellers Realtors Buyers Inventory 66

Lamacchia Realty

FEBRUARY 21, 2023

Data for off-market listings as of November 8, 2022 provided by [link] Additionally, this table shows the percentages of homes where the Zestimate was within 5, 10, or 20% of the transaction price in various geographic locations. Data for off-market listings as of November 8, 2022 provided by [link] A Zestimate CAN’T Replace a REALTOR®!

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Empire Appraisal Group

SEPTEMBER 8, 2022

Nowhere in Sight | Florida Realtors. The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune).

Housing Market 78

Housing Market Marketing Real Estate New Listings 78