Lamacchia Realty

APRIL 17, 2024

While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor. Hardwood floors are typically constructed from solid wood planks or engineered wood, both designed to withstand heavy foot traffic. appeared first on Lamacchia Realty.

Home Value 66

Home Value Buyers Realtors Realty 66

Housing Wire

FEBRUARY 13, 2024

We are very bullish on Alabama and its long-term prospects,” Jeremy Walker, CEO of the Alabama Realtors Association , said. “We Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. New construction is backed up,” she said. As of Feb.

Construction 410

Construction Supply Chain Inventory Agents 410

Empire Appraisal Group

JANUARY 11, 2023

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, economists predicted Tuesday during the National Association of REALTORS®’ annual Real Estate Forecast Summit. NAHB: Sharp Contraction in Construction. CoreLogic: ‘A Crisis of Consumer Confidence’.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

APRIL 18, 2024

million in February, according to a report released Thursday by the National Association of Realtors (NAR). Meanwhile, new construction of both single-family and multifamily homes receded in March. Mortgage rates, which had been expected to fall in 2024, have inched up close to 7% and seem poised to remain higher for longer.

Inventory 421

Inventory Real Estate Agent Sellers Buyers 421

Housing Wire

NOVEMBER 30, 2023

Program follows a blueprint developed by the OH Association of Realtors®. Buying Options See Details Pricing Education Type* Credit Hours Package Features Prelicense 10 credit hours Real Estate Pre-Licensure Certificate: Prepares students to earn their Ohio real estate license.

Real Estate 421

Real Estate Real Estate Agent Law Inspection 421

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. January 17, 2024) — Mortgage applications increased 10.4

Appraisal 73

Appraisal Contracts Real Estate Architecture 73

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. The only problem, nobody wanted a 7.5%

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. 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. Here are some of the big questions to ponder in 2024. by December 2024. by the end of 2024. by the end of 2024.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. Yesterday on CNBC , I talked about the state of the housing market and how important it was that the builders’ confidence data was rising because that keeps construction workers employed and building homes.

Housing Market 473

Housing Market Inventory Contracts Marketing 473

Housing Wire

APRIL 11, 2022

Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. million total housing starts until 2020-2024, when demand would warrant that many housing starts. We had a few years where sales missed expectations in 2013, 2014, and 2015. million to 1.93

Inventory 504

Inventory Housing Market Marketing Modernization 504

Will Springer Realtor

FEBRUARY 13, 2024

People are seeking to move on as they experience life-changing moments – if they can afford what sellers are seeking. This will skew figures, particularly in Seattle where more ADUs are under construction than traditional single-family residences. The National Association of Realtors® (NAR) reported last year was the weakest for U.S.

New Listings 55

New Listings Buyers Inventory Lending 55

Housing Wire

MARCH 29, 2022

Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. million total housing starts until 2020-2024, when demand would warrant that many housing starts. We had a few years where sales missed expectations in 2013, 2014, and 2015. million to 1.93

Inventory 410

Inventory Housing Market Marketing Modernization 410

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. decline in home sales by the end of 2023, with a similar trend expected to persist in 2024.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). About two-thirds of all King County listings sold last month at the list price or above, signaling a competitive environment and extending this long-running sellers’ market.

Buyers 57

Buyers Construction Sellers Inventory 57

Cornerstone

JUNE 1, 2021

That’s the question on every homebuyer and seller’s mind. Lawrence Yun, NAR’s (National Association of REALTORS®) Chief Economist, recently stated : “[This] is not a bubble. percent 2023: 4 percent 2024: 3.6 Are we entering a housing bubble again? It is simply lack of supply.” percent 2025: 3.5

Inventory 52

Inventory Buyers Sellers Investing 52

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. Many economists believe a recession isn’t likely in the last months of this year but they aren’t ruling out a downturn in 2024 and 2025. by the end of 2024.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. in 2024 and 4.5M Among all U.S. Early estimates call for a modest increase in U.S. We expect U.S.

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

AUGUST 11, 2023

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). Click to expand any image or graphic from my newsletters and blog posts.)

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

MAY 12, 2021

Roughly 20 million Millennials will be entering their 30s, typically the time they purchase their first home, between now and 2024. Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. million individuals annually.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. million sq. That’s up from 2333 sq.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

To a happy 2024! = Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% What does 2024 look like for the national housing scene and across Seattle/King County? That, in turn, will finally move the market forward with additional sellers and buyers.

Real Estate 36

Real Estate Buyers Housing Market Law 36