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How the housing market will evolve in 2023

Housing Wire

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. As a result, the local housing market is going to be subdued in 2023, especially in the first half of the year. most likely by mid-year.

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Realtor.com reveals new tools to evaluate climate risk exposure 

Housing Wire

Amid escalating climate concerns , Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. homes, valued at $19.7 In 2024, 32.5% homes, worth $13.6 of homes in the U.S., valued at nearly $7.7

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Reverse purchase financing: The financing option no one is talking about

Housing Wire

This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade.

Finance 437
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SmartZip Review: Can data improve your prospecting game?

Housing Wire

SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Automated marketing: Yes.

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What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. While the central bank did not completely rule out the possibility of a rate increase in 2024, that action seems unlikely. in 2025, indicating four more 25 bps cuts.

Inventory 457
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January 2024 Maine Housing Report

Lamacchia Realty

JANUARY 2024 MAINE housing report MAINE Home Sales Down, Average Price Up Home sales are down 3.6% year over year, with January 2024 at 904 compared to 938 last January. 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

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January 2024 New Hampshire Housing Report

Lamacchia Realty

JANUARY 2024 new hampshire housing report NEW HAMPSHIRE Home Sales Up, Average Price Up Home sales are up 10.8% year over year, with January 2024 at 967 compared to 873 last January. 2024: 1,140 2023: 967 2022: 1,095 Pending Home Sales: The number of homes placed under contract is up by 6.1%

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