Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Balancing supply and demand is a delicate dance between new construction and existing properties. Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers.

Business 374

Business Marketing Real Estate Legal 374

Housing Wire

OCTOBER 3, 2023

Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app. But we also understand there are situations where sellers may not want to enter the property into an MLS due to restrictions in showing it and many other unique scenarios.

Realty 418

Realty Agents Clients Tenants 418

Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Real Estate Agent 431

Real Estate Agent Real Estate Buyers Agents 431

Housing Wire

SEPTEMBER 26, 2023

“Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. The seasonally‐adjusted estimate of new houses for sale at the end of August was 436,000.

Inventory 490

Inventory Buyers Construction Sellers 490

Housing Wire

DECEMBER 12, 2023

While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market thanks to the use of mortgage rate buydowns , a tool more widely used by builders since their business is selling homes and clearing inventory.

Tools 400

Tools Inventory Sellers Buyers 400

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. After the series wraps, join us on May 30th for the HW+ Virtual 2023 Forecast Event. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market. Today, the average is 2.7

Realtors 421

Realtors Buyers Inventory Sellers 421

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). Some housing markets may see an uptick in homebuying activity at the beginning of the year, especially if mortgage rates continue receding from a recent high of 7%. compared to 2022.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

MARCH 28, 2022

Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. HousingWire: How will rising rates affect new home construction? Housing construction will be impacted if the monthly supply for new homes breaks above 6.5 Inventory has been falling for years.

Housing Market 345

Housing Market Marketing Supply Chain Inventory 345

Housing Wire

JUNE 2, 2023

The construction sector also saw job gains in May, adding 25,000 positions, thanks to a large uptick in heavy and civil engineering construction, which added 10,700 jobs. Residential building construction added 2,400 jobs during the month.

Construction 370

Construction Real Estate Housing Market Transportation 370

Housing Wire

DECEMBER 13, 2023

As 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that characterized the year. Home starts forecasts, meanwhile, don’t offer much certainty about the pace of construction next year. million to 5.07 million to 5.07

Inventory 457

Inventory Construction Mortgage Buyers 457

Housing Wire

MARCH 20, 2024

Of these eight companies, CoStar and Zillow are by far the largest by market capitalization. However, the company still makes the vast majority of its revenue – 75% in 2023 – from the services it provides brokers and agents in the for-sale residential market.

Investors 422

Investors Agents Real Estate Buyers 422

Housing Wire

MAY 11, 2023

Per Freddie Mac ‘s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 6.35% as of May 11, down four basis points from last week’s 6.39%. “While inflation remains elevated, its rate of growth has moderated and is expected to decelerate over the remainder of 2023.

Mortgage 377

Mortgage Sellers Home Improvement Construction 377

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. Based on 2023 numbers, that will give us 94% coverage of all purchase transactions that have happened in the country.

Loan Officers 381

Loan Officers Clients Mortgage Construction 381

Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. At the end of 2023, they anticipated six rate cuts for the year.

Mortgage 444

Mortgage Retail Buyers Investors 444

Housing Wire

MAY 14, 2024

In February 2023, FHA Commissioner Gordon announced a 30-basis point cut in FHA annual premiums. Another issue is home sellers’ bias against buyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. But now a new threat is emerging on this front.

Sellers 296

Sellers Realty Insurance Realtors 296

Housing Wire

MAY 25, 2022

A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. With growing demand from consumers, it’s a no-brainer to put a spotlight on these features when marketing homes.

Construction 444

Construction Real Estate Buyers Sellers 444

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. The housing market is heading toward an inflection point — a rebalancing that will mean the end of the record-high price appreciation we’ve seen over the past year.

Inventory 393

Inventory Housing Market Construction Sellers 393

Housing Wire

MARCH 22, 2023

However, amid volatility in the market and depressed stock prices, “it would not be prudent to move forward with a transaction at this time,” the bank said. The increase was due primarily to the residential and real estate mortgage and construction portfolios, consisting of 70% of the total portfolio in Q4 2022.

Real Estate 379

Real Estate Investors Investing Finance 379

Housing Wire

JULY 25, 2023

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

Insurance 363

Insurance Housing Market Marketing Agents 363

Housing Wire

JUNE 7, 2022

Consumers’ concerns about housing affordability are squeezing would-be homebuyers out of the market, according to Fannie Mae ‘ s Home Purchasing Sentiment Index , which tracks the housing market and consumer confidence to sell or buy a home. The index score dropped by 0.3 points to 68.2

Mortgage 379

Mortgage Housing Market Contracts Construction 379

Housing Wire

NOVEMBER 2, 2022

Despite new language in the Federal Open Market Committee statement that suggested a potential slowdown in curbing inflation, Federal Reserve Chairman Jerome Powell maintained a hawkish tone on raising the federal funds rates during Wednesday’s press conference. Tables have turned for some sellers.

Mortgage 402

Mortgage Sellers Contracts Buyers 402

DW Slater Company

JANUARY 30, 2023

What’s happening in the housing markets? As we look at the housing market for 2022, a clear shift has occurred. Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates. Supply has increased, but is still very low as less than 3 months supply in any market.

Housing Market 122

Housing Market Marketing Real Estate Appraisal 122

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. Goldman Sachs predicts a 75 bps hike at the November meeting followed by a 50 bps raise in December and a 25 bps increase in January 2023. Mortgage rates have nearly doubled to around 6.5%

Mortgage 412

Mortgage Loan Officers Buyers Inventory 412

Housing Wire

APRIL 1, 2024

The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market. The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. The annual investment volume in the U.S. billion have been completed.

Finance 407

Finance Investing Real Estate Agent Real Estate 407

The Robert Weiler Company

JANUARY 27, 2023

Below, we review the industrial real estate trend for 2023, focusing on the digital technology sector. There’s a reason why this incredible city and dynamic region is enjoying such a robust renaissance, set to significantly outpace other markets, possibly for decades to come. The post Industrial Real Estate is Killing It!

Real Estate 148

Real Estate Supply Chain Construction Development 148

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023? Home price s.

Housing Market 541

Housing Market Marketing Inventory New Listings 541

Housing Wire

MAY 10, 2023

We know home price growth and rent growth have been decelerating, and prices and rents have even been falling in some markets,” Sturtevant said. According to Yun, the Fed’s rate hikes have hurt regional banks and the housing market. in 2023 before dropping below 6.0% Inflation has calmed down while rents are still accelerating.

Housing Market 370

Housing Market Insurance Realtors Buyers 370

Hank Miller Team

JULY 12, 2023

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for. Not Greater Atlanta. Actives down 13.5

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Housing Wire

FEBRUARY 8, 2024

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. Representing the top 1.5%

Real Estate Agent 393

Real Estate Agent Real Estate Agents Clients 393

Housing Wire

NOVEMBER 3, 2023

Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R.

Real Estate 311

Real Estate Brokerage Buyers Property Management 311

D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Now, many people are asking when the market will correct itself.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects. According to the U.S.

Renovations 58

Renovations Supply Chain Construction Home Improvement 58

Hank Miller Team

NOVEMBER 15, 2022

As we enter the final weeks of 2022, the national real estate market is catching its breath. Some markets remain in flux, others have started to level off already. Atlanta is one of the steady ones, and housing inventory in Atlanta will not jump in 2023. There are a few key things to consider around Atlanta for 2023.

Inventory 52

Inventory Renovations Housing Market Buyers 52

Lamacchia Realty

MARCH 7, 2023

has released its “Top Producing REALTORS®,” for February 2023! February 2023 Winners of the Top 10 for the Company are: Jason Pincomb joined Lamacchia Realty in the Spring of 2021 and has seen tremendous success! He has developed a niche role in the Boston market, particularly in assisting first-time homebuyers and military veterans.

Realtors 73

Realtors Realty Real Estate Clients 73

DW Slater Company

FEBRUARY 13, 2024

We have experienced some very large swings in the market regarding the number of appraisals needed from a very high volume where appraisers couldn’t keep up, to the now very low volume of appraisal requests. Each property and market is different and needs unique analysis. I continually get to learn new things and see new things.

Real Estate 146

Real Estate Appraisal Valuation Real Estate Agent 146

Listing Spark

FEBRUARY 9, 2023

We’ll cover each of those and discuss best practices to ensure that you are maximizing your chances of success with your home’s appraisal in 2023. A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. Here’s all you need to know about home appraisals!

Appraisal 36

Appraisal Sellers Market Value Contracts 36

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We In mid-June 2023, the statewide 90-day average Altos Market Action Index score hit a high for year of 53.99, before sliding down to a trough of 40.03

Housing Market 422

Housing Market Marketing Inventory Construction 422