Housing Wire

MARCH 14, 2024

With our commitment to providing insights that housing professionals can make decisions on, HousingWire announced a new partnership with Greater Bergen Realtors , delivering exclusive news, market data and housing research to agents in New Jersey’s Greater Bergen Realtors association.

Realtors 360

Realtors Real Estate Agents Housing Market 360

Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. housing market for 2020 to 2024 is that home prices could escalate to an unhealthy level. The post Existing home sales data: A bad sign for housing market?

Housing Market 541

Housing Market Marketing Inventory Realtors 541

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. The real story in housing has been the price boom that we have seen since 2020. million and 1.93 I use the 1.52-1.93

Housing Market 524

Housing Market Marketing Inventory Realtors 524

Housing Wire

DECEMBER 14, 2023

The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024. Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants.

Real Estate 399

Real Estate Realtors Technology Business 399

Housing Wire

JUNE 21, 2022

The housing nightmare continues. The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 million, which I would find to be the best thing ever for housing, is not happening this year. I have stressed that housing doesn’t move like the stock market. million , down 3.4%

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. million and 6.16

Housing Market 491

Housing Market Marketing Inventory Mortgage 491

Housing Wire

MAY 7, 2024

Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions. Market conditions recently got worse, but Redfin got better in the first quarter of 2024,” Glenn Kelman, CEO of Redfin, said in a statement. The brokerage posted revenue of $225.5

Marketing 375

Marketing Brokerage Advertising Agents 375

Housing Wire

DECEMBER 13, 2023

Among all the experts’ forecasts for 2024, there is no number more tightly watched than mortgage rates, as those rates will undoubtedly impact sales, prices and construction as well. Mortgage rates The experts unanimously foresee lower mortgage rates in 2024, although none expect rates to fall below 6%. million to 5.07

Inventory 466

Inventory Construction Mortgage Buyers 466

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). “The bond market is forcing the Fed to pivot.”

Real Estate 458

Real Estate Inventory Sellers Realtors 458

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. Pending home sales rose 8.3% in November.

Contracts 458

Contracts Housing Market Construction Inventory 458

Housing Wire

NOVEMBER 30, 2023

in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). Historically high rates harmed the housing market in October Annualized existing home sales remained below 4 million in October, the lowest rate since 2010. down from 72.6 in September.

Housing Market 476

Housing Market Inventory Realtors Construction 476

Lamacchia Realty

JANUARY 3, 2024

Amy Wallick Discusses 2024 Housing Market on NBC News Boston Amy Wallick was recently featured on an NBC News Boston segment, where she discusses what we can expect in 2024 for the housing market.

Housing Market 55

Housing Market Marketing Realtors Realty 55

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. On the bright side, housing inventory rose 1.8%

Inventory 406

Inventory Realtors New Listings Contracts 406

Housing Wire

MAY 15, 2024

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. Researchers developed a framework for estimating the number of home sales in 2024 based on the current levels for mortgage rates.

Mortgage 414

Mortgage New Listings Inventory Sellers 414

Housing Wire

MAY 14, 2024

The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025. “We We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. The survey also delved into the use of real estate agents.

Real Estate Agent 466

Real Estate Agent Agents Real Estate Buyers 466

Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. However, that hasn’t been the case so far in 2024. NAR: Total housing inventory registered at the end of March was 1.11 This is never a good thing for housing.

Inventory 490

Inventory Housing Market New Listings Buyers 490

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 408

Inventory Agents Real Estate Sellers 408

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

Inventory 473

Inventory Marketing Housing Market New Listings 473

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). in 2024 Despite these conditions, Yun still expects annual existing home sales to drop 11.1% annual jump in 2024.

Housing Market 427

Housing Market Realtors Contracts Buyers 427

Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). in 2024, hitting 800,000 new homes. in 2024, to $445,800. In 2024, they should rise by 13.5% Lastly, they predict that housing starts will drop by 10.4%

Inventory 397

Inventory Contracts Housing Market Realtors 397

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Realtors & NAR have always had the client’s best interest. Always will too,” one wrote.

Agents 386

Agents Realtors Clients Real Estate Agent 386

Housing Wire

DECEMBER 20, 2023

million, according to the National Association of Realtors. Higher rates and lack of resale inventory dampened the housing market in 2023. Falling rates will bring both more buyers and more sellers into the housing market,” Sturtevant said in a statement. Existing-home sales grew 0.8% Looking at the four major U.S.

Inventory 413

Inventory Housing Market Realtors Buyers 413

Housing Wire

JANUARY 19, 2024

Existing home sales dropped to their lowest level in nearly 30 years in 2023, according to a report from the National Association of Realtors (NAR), released Friday. Prospective homebuyers have been shut out of the market by a lack of inventory. If there had been more listings on the market in 2023, we would have had more home sales.”

Inventory 440

Inventory Realtors Housing Market Construction 440

Housing Wire

NOVEMBER 22, 2023

The housing market has not hit the bottom in existing home sales yet, Fannie Mae projected. With mortgage rates having previously soared to around 8% , existing home sales will likely decline further to bottom out in early 2024. million , according to the National Association of Realtors. million in 2024 and 5.3

Housing Market 416

Housing Market Mortgage Realtors Business 416

Housing Wire

MARCH 22, 2021

According to The National Association of Realtors, February’s existing home sales missed estimates , coming in at 6.2 For the housing market, the COVID crisis started in earnest in March of 2020. The data for February 2020 showed that the housing market was set to outperform all other sectors. year over year.

Housing Market 479

Housing Market Realtors Business Marketing 479

Housing Wire

NOVEMBER 8, 2023

“The largest, undisrupted market in the U.S.,” The volatility and unprecedented nature of the market, weakened Zillow’s price forecasting, crippling its ability to buy low and sell high. That is a 76% drop in inventory, despite the fact that Opendoor expanded to two new markets in the past year.

Marketing 419

Marketing Inventory Renovations Investors 419

Housing Wire

APRIL 30, 2024

million families under the Equitable Housing Finance Plans ”by educating consumers, reducing closing costs, introducing innovation into underwriting, and combating appraisal bias,” the agency stated. On Tuesday, several housing groups and trade associations lauded the agency for passing the new rule.

Lending 384

Lending Finance Government Realtors 384

Housing Wire

OCTOBER 26, 2023

Rates have been steadily climbing for seven straight weeks, the longest consecutive increase since Spring 2022, according to Freddie Mac ‘s Primary Mortgage Market Survey. trillion, before an expected 19% rebound in 2024 as rates finally start to trend downward,” Broeksmit said in a statement. in 2023, reaching an annualized rate of 4.15

Mortgage 445

Mortgage Inventory Housing Market Realtors 445

Housing Wire

NOVEMBER 11, 2022

While elevated mortgage rates, sluggish home sales and high inflation have taken a significant toll on the housing industry, it’s unlikely that these issues will cause home prices to drop next year, at least according to National Association of Realtors (NAR) Chief Economist Lawrence Yun.

Inventory 496

Inventory Housing Market Realtors Mortgage 496

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). in 2024, according to NAR’s forecast. million in 2024. in 2024, to 820,000. Meanwhile, housing starts are forecast drop 5.3%

Construction 365

Construction Inventory Realtors Housing Market 365

Housing Wire

MARCH 28, 2024

month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). annually in February 2024. Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6% NAR’s Pending Home Sales Index increased to 75.6 in February, up from 74.3 in January.

Inventory 453

Inventory Realtors Contracts Sellers 453

Housing Wire

APRIL 25, 2024

in March compared to February despite rising mortgage rates , according to data released Thursday by the National Association of Realtors (NAR). million home sales in 2024, a 9% increase from 2023. These buyers are much less sensitive to mortgage rates and will be better positioned to remain in the market this spring.”

Inventory 431

Inventory Buyers Realtors Investors 431

Housing Wire

APRIL 17, 2024

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. The broader impact of the National Association of Realtors (NAR) settlement is still unfolding.

Real Estate Agent 413

Real Estate Agent Real Estate Agents Brokerage 413

Housing Wire

NOVEMBER 3, 2023

Thanks to provisions in both Anywhere’s and RE/MAX’s settlement agreements , as well as Redfin’s announcement that it would be requiring agents to cancel their National Association of Realtors membership, much of the speculation has focused on what will become of NAR’s 1.5 million members. Certainly there are a lot of places in the U.S.

Realtors 428

Realtors Agents Brokerage Contracts 428

Housing Wire

JANUARY 24, 2024

Limited housing supply and a continuation of high home prices in many markets nationwide in 2023 restricted many first-time homebuyers from entering the housing market and finding their dream homes. by the end of 2024. Homebuyers should explore all these potential cost savings when purchasing their home.

Insurance 441

Insurance Sellers Buyers Housing Market 441

Housing Wire

FEBRUARY 29, 2024

month over month in January, according to the newest data from the National Association of Realtors (NAR). The job market is solid, and the country’s total wealth reached a record high due to stock market and home price gains,” NAR chief economist Lawrence Yun said in a statement. Pending home sales dropped 4.9%

Contracts 417

Contracts Inventory Realtors New Listings 417

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. Lawrence Yun , the National Association of Realtors ’ chief economist, took a stronger stance during the “Residential Economic Issues and Trends Forum” at NAR’s ongoing Legislative Meeting.

Housing Market 376

Housing Market Insurance Realtors Buyers 376