Housing Wire

JANUARY 10, 2024

SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform. The company provides robust marketing and nurturing tools, including a CRM with lead data, home valuation landing pages, direct mail campaigns, a comparative market analysis tool and more.

Real Estate 378

Real Estate Real Estate Agent Tools Agents 378

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

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 454

Real Estate Agent Real Estate Buyers Agents 454

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I I have buyers that are looking, but to find a house that you love enough to pay a high price for — and to be at over a 6.5% In Wise County , there were only 56 listings.

Inventory 425

Inventory Buyers Agents Real Estate 425

Housing Wire

MAY 6, 2024

On May 16, Altos Research is hosting its monthly webinar, where we dive deep on all of the local data trends, as well as the leading indicators for what should happen the rest of 2024. housing market as we roll into May 2024. More home sellers are coming back to the market each week. Click that to reserve your spot now.

Inventory 420

Inventory Contracts Sellers New Listings 420

Housing Wire

JANUARY 2, 2024

real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. Inventory is slowly but steadily increasing over last year, which means slightly more options for buyers this spring. Each week sellers are easing back into the market a little more than last year.

Housing Market 531

Housing Market Marketing Inventory Contracts 531

Housing Wire

APRIL 1, 2024

At the same time, seller volume dried up. But now sellers are coming back into the market. All of these signals point to rising home sales in 2024. Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country. More sellers means more sales in 2024.

Inventory 488

Inventory New Listings Contracts Sellers 488

Housing Wire

NOVEMBER 21, 2023

Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. Together, the two may suggest that there really is nowhere to go but up in 2024,” she said. “In Looking at the four major U.S. from October 2022’s $378,800. All four U.S.

Inventory 422

Inventory Realtors New Listings Contracts 422

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 418

Inventory Agents Real Estate Sellers 418

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. It gives you a “first mover advantage”, providing robust follow-up tools that help you nurture potential seller clients with ease.

Tools 460

Tools Real Estate Marketing Real Estate Agent 460

Housing Wire

FEBRUARY 29, 2024

In its statement, the DOJ advocated for the prohibition of cooperative compensation, meaning that “sellers would be responsible for determining only the compensation of their own broker in the listing contract … [and] buyers would be responsible for determining the compensation of their own broker in a buyer-broker representation contract.”

Legal 406

Legal Contracts Sellers Buyers 406

Housing Wire

JANUARY 8, 2024

Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. But, 2024 is starting stronger than last year. Could the housing market change and slow again in 2024? Sellers are coming back There are 499,000 single-family homes unsold on the market now.

Real Estate 508

Real Estate Marketing Inventory New Listings 508

Housing Wire

MARCH 11, 2024

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. The only way inventory would grow in 2024 is if mortgage rates climbed. More sellers generally will allow for more sales in 2024.

Inventory 515

Inventory New Listings Sellers Real Estate 515

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago. In other words, seller growth continues.

Inventory 482

Inventory Contracts New Listings Sellers 482

Housing Wire

FEBRUARY 26, 2024

Summary Market Leader Agent Image LabCoat Agents Coffee & Contracts Luxury Presence RealGeeks iNCOM ProspectsPLUS! Rather than pushing leads to multiple agents at once, Market Leader pairs potential buyers with the best suited agents for them, eliminating the competitive mad dash and ensuring a calmer process for everyone involved. (A

Real Estate 404

Real Estate Business Real Estate Agent Marketing 404

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. But when you add a spike in mortgage rates that makes homebuying less affordable, that leads to fewer buyers and inventory grows. More sellers means more sales can happen.

Inventory 499

Inventory New Listings Sellers Contracts 499

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. “The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states.

Sellers 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

MAY 1, 2024

On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential. “In In a hostile housing market and a noisy industry environment, why is Zillow outperforming?”

Agents 389

Agents Real Estate Contracts Real Estate Agent 389

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% million in Q1 2024, compared to a net loss of $0.7

Agents 379

Agents Real Estate Training Buyers 379

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts.

Real Estate 450

Real Estate Marketing Tools Sellers 450

Housing Wire

OCTOBER 31, 2023

New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract. There are far fewer sellers now than in any recent year. However, last year’s seller decline was much more steep.

New Listings 498

New Listings Inventory Contracts Housing Market 498

Housing Wire

JANUARY 12, 2024

The best real estate CRM solution is the one that will manage your client interactions, increase the number of touchpoints with each client, and convert leads seamlessly into buyers and sellers. Below, we take a deep dive into the best real estate CRM solutions for solo agents, teams and brokerages.

Real Estate 456

Real Estate Real Estate Agent Tools Agents 456

Housing Wire

OCTOBER 10, 2023

If rates stay at 8% or higher, expect to see inventory rise in 2024. Fewer sellers see the upside of listing now New listings volume each week remains very low, and there are very few sellers who want or need to sell into this market. And there is certainly no flood of sellers. That’s shockingly few.

Mortgage 444

Mortgage Inventory Contracts Sellers 444

Housing Wire

SEPTEMBER 7, 2023

But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. You’ve got current economic conditions that are not opportunistic for a homebuyer right now, inflation is still out there and it’s all constraining buyers’ ability to spend. “You’ve

Buyers 409

Buyers Agents Loan Officers Real Estate 409

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. Advertising on Zillow can put your brand in front of millions of potential buyers and sellers.

Real Estate 412

Real Estate Marketing Real Estate Agent Tools 412

Housing Wire

MARCH 18, 2024

As we started 2024, the signals in the U.S. Last year, the most common view was that mortgage rates would fall in 2024. Lower rates mean more buyer competition and less unsold inventory. New listings volume continues to run ahead of last year and we see more sellers than last year. They climbed starting Jan.

Inventory 438

Inventory New Listings Sellers Contracts 438

Housing Wire

FEBRUARY 20, 2024

Even as money is more expensive and there are more sellers than a year ago, we can also see slight home sales growth over 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year. Each week we have more sellers and each week that inventory spread over last year keeps growing.

Mortgage 507

Mortgage Inventory Sellers New Listings 507

Housing Wire

FEBRUARY 22, 2024

Worst-case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said. They have gone through all of this and it will end up being punitive to buyers.

Sellers 448

Sellers Buyers Real Estate Agents 448

Housing Wire

MARCH 25, 2024

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. More sellers means more sales will happen. We can measure home sales in real time by tracking all the homes that moved to contract pending status this week.

New Listings 505

New Listings Inventory Contracts Sellers 505

Housing Wire

JANUARY 29, 2024

Homes in contract rises There are more homes in contract now than last year at this time. A few weeks ago, I confidently proclaimed that home sales would be up 15% in 2024, and since then the growth pace over last year has fallen four weeks in row! We can see home buyer demand when rates are stable the 6s.

Contracts 437

Contracts Inventory Housing Market Mortgage 437

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 64

Sellers Realtors Buyers Inventory 64

Housing Wire

SEPTEMBER 12, 2023

The point of the editorial seemed to be to scaremonger over government programs to help home buyers and student loan borrowers. Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers. New contracts dipped as affordability is out of reach for so many. That’s blatantly wrong.

Contracts 412

Contracts Inventory Housing Market Buyers 412

Housing Wire

DECEMBER 6, 2023

As we edge towards 2024, the real estate landscape buzzes with both opportunities and uncertainties. With home prices expected to hold steady and even grow in many markets, real estate agents face a unique market shaped by shifting demographics, evolving buyer expectations and lingering economic uncertainties.

Real Estate 410

Real Estate Agents Real Estate Agent Tools 410

Housing Wire

APRIL 15, 2024

How will homebuyers and sellers react and how quickly can we measure it? New listings Inventory growth is from a combination of fewer buyers as affordability worsens, but also gradually improving seller volume. But each week in 2024 is averaging 13% more sellers than last year at this time. But the U.S.

Inventory 428

Inventory Mortgage New Listings Sellers 428

Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. 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. This is a positive for housing in 2024 as most sellers are buyers.

Housing Market 454

Housing Market Inventory Contracts Marketing 454

Lamacchia Realty

FEBRUARY 27, 2024

JANUARY 2024 massachusetts housing report MASSACHUSETTS Home Sales Down, Average Prices Up Home sales are down 5.2% year over year, with January 2024 at 3,751 compared to 3,956 last January. 2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4%

Sellers 61

Sellers Real Estate Buyers Inventory 61

Housing Wire

MARCH 22, 2024

The 90-day average number of new listings as of mid-March 2024 was 170 in Naples-Marco Island, and 432 in Cape Coral-Fort Myers). These rising costs are understandably impacting the ability or willingness of some buyers to purchase specific properties. Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 417