Housing Wire
FEBRUARY 12, 2024
The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell. If home prices and lending costs moderate in 2024, significant demand could flow into the market. “If
Housing Wire
JUNE 8, 2023
As of June 2, there were 433,104 single family homes on the market nationwide, according to data from Altos Research. In April 2023, data from NAR and Realtor.com showed there were roughly 1.1 Based on the report, the housing market needs an additional 319,460 listings priced under $256,000 in order for the market to be balanced.
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Lamacchia Realty
OCTOBER 25, 2023
PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. The first quarter of 2023 had the lowest number of homes listed in recorded history.
Housing Wire
DECEMBER 5, 2022
However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each. The second largest age bracket was 35-44 at 19%. However, as the market has slowed, PropLogix believe the percentage of title agents feeling that generating new business is their greatest challenge has increased.
Housing Wire
DECEMBER 26, 2023
There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. I think Douglas Elliman will also be okay because they primarily do luxury and that market won’t really be impacted by the verdict.” An outcome like this would put additional pressure on a firm’s margins. “I
Housing Wire
DECEMBER 26, 2022
With the housing market slowing down from its pandemic-fueled frenzy, wire fraud threats, regulatory challenges and the perennial challenge of an aging workforce, the title insurance industry will have a lot to juggle in the new year. It was too darn hot: the housing market slows down. What happened to the market?’”.
Lamacchia Realty
MARCH 26, 2024
The Florida real estate market has shifted, and the number of active listings has increased at a much faster rate than the rest of the country over recent months. Due to these rising costs and rising number of listings, condos are remaining on the market for much longer periods than before, attracting less interest from buyers.
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