Housing Wire

MARCH 2, 2023

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

Real Estate Agent 405

Real Estate Agent Inventory Real Estate Agents 405

Housing Wire

MARCH 18, 2022

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 To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 even for rental housing. even for rental housing.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. They must be U.S.-based,

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Brokerage Real Estate Realty Real Estate Agent 369

Housing Wire

FEBRUARY 3, 2022

This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market.

Housing Market 435

Housing Market Marketing Supply Chain Mortgage 435

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If

Housing Market 385

Housing Market Renovations Marketing Retail 385

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. In some markets, more than 50% of active listings have experienced a price cut, according to Altos Research. According to the brokerage, 6.5%

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Sellers Buyers Inventory Real Estate Agent 514

Housing Wire

APRIL 17, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Austin, Texas In 2021, Austin had one of the hottest housing markets in the country. But, in 2022, as prices in the metro rose to never-before-seen levels, things started to change.

Housing Market 390

Housing Market Marketing Inventory Buyers 390

Housing Wire

NOVEMBER 13, 2023

I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. Aggregate data from the housing market would confirm this. I did some simple math using data from the St.

Real Estate 371

Real Estate Realtors Agents Buyers 371

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. We are working from a shallow bar in this index – seven years of growth were taken away in one year in 2022.

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Inventory Housing Market Marketing New Listings 479

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 355

Housing Market Marketing Tenants Buyers 355

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. It is just a super tight housing market.

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

MARCH 27, 2023

Housing markets in tech hubs were in high demand during the pandemic, with potential buyers facing fierce competition on homes in cities like San Jose and Austin. According to Redfin’s analysis, Austin, Texas has experienced the most rapidly cooling housing market in the nation over the last year.

Housing Market 367

Housing Market Marketing Contracts Buyers 367

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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Real Estate Agent Real Estate Agents Brokerage 420

Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? These are a few ways it will affect real estate in the coming months. Secondary Real Estate Markets On the Rise. Construction Sites Will Stay on Schedule. construction sites.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. For every home that was listed, there were 2.5 Historically 2.5

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Realtors Housing Market Marketing Buyers 412

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 438

Brokerage Realty Real Estate Inventory 438

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. 1 housing market for spring 2022, there is no doubt that the housing market in Rapid City is one to watch. Rapid City, South Dakota.

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Housing Market Marketing Real Estate Real Estate Agent 339

Housing Wire

FEBRUARY 6, 2024

Even as the housing market slowed in 2022 and 2023, the fraudulent activity of bad actors did not let up. Mortgage payoff fraud victims had the highest median value per incident at $257,000, while wire fraud impacting victims had a median value of $72,000 and seller impersonation fraud had a median value of $70,000.

Real Estate Agent 427

Real Estate Agent Real Estate Sellers Buyers 427

Housing Wire

APRIL 20, 2023

For the past three years, the HW Marketing Leaders award has recognized elite marketing execs in housing who have pushed their businesses to the top via innovative marketing strategies, creative campaigns and purpose-driven programs. As a result, being adaptable and open to change is essential for success.

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Marketing Real Estate Technology Housing Market 369

Sacramento Appraisal Blog

JUNE 6, 2022

Sellers haven’t had to negotiate much with buyers over the past two years, but that’s starting to change. Let’s talk about this today by looking at seller concessions (credits for repairs, help with closing costs, etc…). THE HONEYMOON IS OVER: It’s like the market was on […].

Buyers 449

Buyers Real Estate Sellers Marketing 449

Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. What is on the horizon in 2022? This makes new home construction a continued challenge, even as demand exists to accelerate new housing. Things may be taking a turn for the better in 2022, though. However, things may be looking up again in 2022.

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Construction Supply Chain Housing Market Technology 468

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.

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Inventory Housing Market Realtors Buyers 374

Housing Wire

JULY 25, 2023

The uptick in home sales during the second quarter of 2023 helped Anywhere Real Estate get back in the black. After posting a net loss of $138 million in Q1 2023 , the real estate conglomerate rebounded to report $19 million in net income for the second quarter.

Real Estate 294

Real Estate Brokerage Investors Buyers 294

Housing Wire

JANUARY 17, 2024

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. What is reverse purchase financing?

Finance 467

Finance Real Estate Agent Real Estate Insurance 467

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). “The bond market is forcing the Fed to pivot.”

Real Estate 482

Real Estate Inventory Sellers Realtors 482

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.

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Inventory Housing Market New Listings Buyers 501

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Today, the average is 2.7

Realtors 453

Realtors Buyers Inventory Sellers 453

Listing Spark

JUNE 21, 2022

Hey, real estate fans! Unless you’ve been living underneath a rock, you have likely heard talks of a housing market bubble that could burst at any moment. With such a rapidly changing market it can be difficult to know what to do. How do we know the housing market is shifting? Be Patient.

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Sellers Housing Market Marketing Inventory 69

Housing Wire

MARCH 6, 2024

Armed with data from HousingWire sister company Altos Research , we can see in minute detail how the housing market responded to the recent 7%-and-higher rate environment and what the market may see again soon. Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates.

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Mortgage Sellers New Listings Buyers 438

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

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Inventory New Listings Housing Market Mortgage 512

Housing Wire

JANUARY 12, 2024

in mid-2022. To conduct this study , Redfin analyzed data from the Federal Housing Finance Agency ’s National Mortgage Database as of the third quarter of 2023. For repeat buyers and first-time buyers who entered the market in 2022, the average mortgage rate was above 6%. In the third quarter of 2023, 88.5%

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Real Estate Agent Sellers Inventory Mortgage 491

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 months in November 2022. Higher rates and lack of resale inventory dampened the housing market in 2023. All four U.S.

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Inventory Housing Market Realtors Buyers 423

Hank Miller Team

MARCH 21, 2022

It’s hard to find a housing market not presently on fire, Atlanta is no different. Compared to a decade ago and the worst housing crisis ever, this market turn around improvement is among the tops in the country. The “Atlanta Real Estate market” is a misnomer; the area is akin to spilled glass of milk.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

Housing Wire

JULY 25, 2023

As soon as we find a house that our clients love and we think they are going to write an offer on it, we immediately reach out to an insurance agent to see the insurability of the house because it is becoming more and more of a problem. Entry level homebuyers are getting hit hardest.

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Insurance Housing Market Marketing Agents 355

DW Slater Company

JANUARY 30, 2023

What’s happening in the housing markets? Well, 2022 started out with a bang as prices soared like a rocket. Mortgage rates impact housing as they affect buying power. As we look at the housing market for 2022, a clear shift has occurred. Gone are the days of bidding wars and multiple offers.

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Housing Market Marketing Real Estate Appraisal 122

Housing Wire

SEPTEMBER 15, 2023

in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades. I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. That rate is up from 14.3% The median U.S.

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Buyers Mortgage New Listings Real Estate Agent 438

Housing Wire

DECEMBER 28, 2021

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. on pace for 6.29

Real Estate 476

Real Estate Realty Brokerage Realtors 476