Housing Wire

MARCH 6, 2024

The benchmark rate was last changed in July 2023, when it was raised to a range of 5.25% to 5.5%. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased. New York: Housing markets strengthened as the spring selling season got underway a bit earlier than normal.

Mortgage 375

Mortgage Real Estate Inventory Construction 375

Housing Wire

OCTOBER 22, 2023

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. 4] As of July 3, 2023, there were 42,857 sales agent exams taken in Texas. Lead Gen As a new agent, make it a priority to pick a brokerage that is committed to helping you with marketing and exposure.

Real Estate 377

Real Estate Real Estate Agent Agents Brokerage 377

Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. 2023 Real Estate Performance Highlights The number of homes sold decreased by 18.9%

Inventory 54

Inventory Sellers Buyers Contracts 54

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 connecticut housing report CONNECTICUT Home Sales Down, Average Prices Up Home sales are down 12.9% year over year, with November 2023 at 2,732 compared to 3,138 last November. Single families: 2,402 (2022) | 2,109 (2023) Condominiums: 736 (2022) | 623 (2023) Average sales price has increased by 8.2%

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Housing Wire

JULY 24, 2023

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 It’s now obvious to everyone that home prices have held up in 2023 because demand has exceeded the very limited supply of homes to buy. Pending Sales There are now 378,000 single-family homes in contract.

Inventory 314

Inventory Contracts New Listings Buyers 314

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 new hampshire housing report NEW HAMPSHIRE Home Sales Down, Average Prices Up Home sales are down 4.9% year over year, with November 2023 at 1,460 compared to 1,535 last November. 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. We have a big difference in the data on single-family permits and 5-unit permits.

Housing Market 433

Housing Market Inventory Contracts Marketing 433

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. Buyers early in 2023 had slightly lower rates than now and were optimistic that mortgage rates would go lower still. There are 345,000 single-family homes in the contract pending stage. The light portion of the bar are the new transactions each week.

Housing Market 427

Housing Market Marketing Inventory New Listings 427

Listing Spark

SEPTEMBER 25, 2023

Fewer New Listings The number of new listings hitting the markets has continued to fall, mainly because a substantial segment of the market that was both buying and selling has essentially disappeared. Think of it like a rollercoaster that started in late 2022 and has continued into early 2023.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

JULY 26, 2023

This Lamacchia Mid-Year Housing Report presents overall home sale statistics as of the first six months of 2023 compared to the same period last year, January 1 st to June 30 th , 2022. Prices increased in all the categories in the first half of 2023 over the same time period in 2022. Number of Homes Sold Decreased by 24.8%

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Sellers Inventory Buyers Contracts 57

Appraisal Today

AUGUST 25, 2023

To read more and lots of interesting photos click here == RPR® Backs Up MLSs During Vendor Outage (From NAR) August 17, 2023 Excerpts: In markets affected by the cyberattack on MLS vendor Rapattoni, NAR members have another way to access listing data: RPR®. But the MLS is also finding new benefits in its partnership with RPR®.

Appraisal 75

Appraisal Real Estate Agent Agents Real Estate 75

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Ideal for realtors looking for functionality without a big price tag.

Real Estate 386

Real Estate Marketing Real Estate Agent Tools 386

Will Springer Realtor

FEBRUARY 13, 2024

The number of newly listed homes more than doubled from December and increased moderately compared with the same time last year, according to data from the Northwest Multiple Listing Service (MLS). The final months of 2023 were among the quietest periods in recent memory for residential real estate amid a slow year overall.

New Listings 54

New Listings Buyers Inventory Lending 54

Listing Spark

FEBRUARY 7, 2024

The 5 most notable events in Texas real estate from 2023 1) Home values flattened or declined in most of the major markets It’s no surprise that soaring home prices came down to earth in 2023. For example, in the city of Austin, home prices were essentially flat at $523,250 for the year (down only 0.43% in 2023).

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. The last time the central bank changed the policy rate was July 2023.

Marketing 60

Marketing Inventory Buyers Sellers 60

Will Springer Realtor

MAY 13, 2024

In March 2023, we had an undersupply of 1.7M ” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR). home sales in 2023, the highest level since 2014. We are now experiencing historic shortages. Prices rose, too, to near-record highs.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

MAY 14, 2024

Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales. in January 2023. Far from the Fed’s 2.0%

Marketing 36

Marketing Inventory Buyers Sellers 36

Listing Spark

JANUARY 22, 2024

In the first quarter of 2023 alone, real estate investors flipped 72,960 homes. For both new and experienced real estate investors, this bodes well for the 2024 market. The last few months of 2023 saw a dramatic turnaround in interest rates, which had been climbing steeply only to fall into the 6% range.

Real Estate 36

Real Estate Tools Investors Investing 36

Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Will Springer, Realtor®. What else can we expect in 2023? It means fewer new first-time homeowners celebrating, and that’s sad.”.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. annualized for 2023 but only 3.4% by the end of 2024. YoY in 2024.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

JANUARY 9, 2024

The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. and nearly 90% enjoy rates below 6.0%.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

OCTOBER 11, 2022

I’m not going to answer that – my crystal ball is broken – but if some economists had their way, it would be a definite possibility for 2023. in 2023 for single-family homes. That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >> from today’s U.S. figure of 8.3%.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

JULY 9, 2021

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. Target opening is spring/summer 2023. On to new listings, and we start far away. HOUSING FOR ALL.

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Buyers Development Transportation Inventory 36