Housing Wire

SEPTEMBER 13, 2022

But now this is a real risk. Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. in 2021 and as high as 6.25% in 2022. It wasn’t the rate move that caught my attention — it was the new listing data. The parts of the U.S.

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Mortgage Inventory New Listings Sellers 524

Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. That is a real live talking point, but it will require a job loss recession. Confused by this?

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Inventory New Listings Housing Market Sellers 529

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.

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Inventory Housing Market New Listings Buyers 504

Housing Wire

NOVEMBER 21, 2023

Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 lower than October 2022 when inventory was at 1.22 months in October 2022. from October 2022’s $378,800. from October 2022’s $378,800. Existing-home sales dropped 4.1% million, according to the N ational Association of Realtors.

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Inventory Realtors New Listings Contracts 433

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? since the fourth quarter of 2018.

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Inventory Sellers Mortgage Marketing 453

Housing Wire

MARCH 8, 2024

The mailers are titled “Notice of Proposed Settlements” and they began hitting the mailboxes of home sellers in mid-February. If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. What do the postcards say? she asked. “It

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Agents Legal Realtors Clients 451

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. Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. That’s where we come in.

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Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

FEBRUARY 6, 2023

We are working from a shallow bar in this index – seven years of growth were taken away in one year in 2022. 9, 2022, it fits into the 30-90 day forward-looking sales data line. Now that rates are above 6%, we don’t see the same type of housing inflation data we had from 2020 up until rates broke over 5.875% in 2022.

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Inventory Housing Market Marketing New Listings 486

Housing Wire

AUGUST 20, 2023

Last year, the seasonal decline took longer than usual, but 2022 was an abnormal year with mortgage rates. 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. If we start from Nov.

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Inventory Mortgage New Listings Sellers 370

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. Today I’m going to look at the trend in the first six months of 2022 and compare that to the two prior years. 5 Real Estate Stats To Keep An Eye On.

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Real Estate Marketing Inventory Sellers 52

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. orate further?

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Sellers Marketing Inventory Contracts 506

Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. Listen to the full episode for Spring 2023 trends in the Texas Real Estate Market.

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Real Estate Marketing Inventory Sellers 36

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. Closed sales in January were down 27% and new listings were up 16%. months to 2.7

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Eppraisal

MARCH 18, 2022

." In a recent fortune.com article written on February 17, 2022, Tristan Bove wrote, "The inventory of homes for sale is down 26% compared to last year, and forecasters see a rough year ahead." Your agent should be reaching out to other agents to see if they have any sellers with homes that meet your criteria.

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Real Estate Agent Real Estate Agents Sellers 68

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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Inventory Sellers Buyers Real Estate 52

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Be sure to label on the photo or video that your post is a new listing, as people may miss the caption while scrolling.

Real Estate 419

Real Estate Agents Real Estate Agent Clients 419

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals.

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New Listings Realtors Real Estate Inventory 463

Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well.

Inventory 482

Inventory Housing Market New Listings Mortgage 482

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.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

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. To top it all off, we started 2022 at all-time lows, forcing bidding action everywhere until mortgage rates rose. Now fast forward to 2022.

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

JANUARY 8, 2024

These are very clear trends as we start the new year. 2022 started insanely strong and weakened rapidly in the second quarter. Sellers are coming back There are 499,000 single-family homes unsold on the market now. There are slightly more sellers each week. Last year, was marked by how few sellers there were.

Real Estate 508

Real Estate Marketing Inventory New Listings 508

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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Inventory New Listings Law Housing Market 397

Empire Appraisal Group

JUNE 22, 2023

in the second quarter of 2022. in the first quarter of 2022. Below 4% : 62% have a rate below 4%, also down from a record high (65.3%) hit in the first quarter of 2022. in the first quarter of 2022. Both new listings and total listings have dropped to their lowest levels on record for this time of year.

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Mortgage Sellers Buyers New Listings 78

Housing Wire

NOVEMBER 27, 2023

If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year, too. New listings volume is up, too. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales.

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New Listings Contracts Inventory Housing Market 508

Housing Wire

MARCH 25, 2024

I like to point out that consumers are more sensitive to changes in mortgage rates than to the absolute levels, and since rates are now basically unchanged for the month, just easing down from the early March peak of 7.2%, sellers and buyers are tip-toeing back into the market. More sellers means more sales will happen.

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New Listings Inventory Contracts Sellers 510

Housing Wire

APRIL 22, 2024

We’re rapidly approaching the peak of the market in terms of seller listings, and as inventory builds, the sales rate will peak by the end of June. New listings Growing inventory is not just about slowing demand. We are also consistently measuring more sellers coming back into the market. Now we’re at 69,000.

Inventory 520

Inventory New Listings Sellers Contracts 520

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. The real estate market As of Jan.

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Housing Market Marketing Logistics Real Estate 460

Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 438

Housing Wire

DECEMBER 4, 2023

New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. Home prices will also be up and we have more homes under contract than we did at the end of 2022. We want new listings volume to show growth.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

JULY 17, 2023

In the fall of 2022 after mortgage rates jumped to 7.5%, I thought maybe we’d missed the soft landing call. By October 2022, it looked like 2023 would have rising inventory and falling home prices. Sellers have not materialized, and buyers have been buying everything that becomes available. I grew pretty bearish again.

Real Estate 335

Real Estate Marketing Inventory Contracts 335

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. This week in 2022 was the last of the 3% mortgages. There are 250,000 more homes on the market now then when we exited the pandemic boom in March 2022. Mortgage rates were still in the 3s in early March 2022.

Inventory 459

Inventory New Listings Sellers Contracts 459

Eppraisal

JANUARY 10, 2023

It is highly recommended to interview several real estate agents before you hire your "buyer's agent" While interviewing agents, there are five key questions to ask. It really does matter how many years your real estate agent has been in the business. How many years have you been in the business?

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Agents Buyers Real Estate Agent Brokerage 36

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. But by mid-2022, they shot up to over 6%. Here are five of the biggest change in the Texas Real Estate market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”

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Buyers Marketing Inventory Investors 450

Housing Wire

NOVEMBER 20, 2023

It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on. After all, more sellers means more sales in 2024. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market.

Inventory 467

Inventory New Listings Housing Market Sellers 467

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. There are 10% fewer homes on the market now than there were in 2022 at this time. So, the number of homes on the market in 2022 increased in September and October which was very unusual.

Inventory 334

Inventory New Listings Contracts Buyers 334

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 Market Agents Marketing Inventory 438