Housing Wire

FEBRUARY 23, 2024

Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. This means 2024 is starting to look a lot like 2023 unless rates fall soon. From NAR : Total existing-home elevated 3.1% from December to a seasonally adjusted annual rate of 4.00

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Inventory Mortgage New Listings Marketing 429

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. Here are some of the big questions to ponder in 2024.

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Real Estate Buyers Sellers Inventory 68

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. However, the secondary negative impact was going to be more painful.

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Inventory Housing Market New Listings Mortgage 442

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from the same time last year. .

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New Listings Realtors Real Estate Inventory 399

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. Buyers had lost confidence in the direction of the market and wanted to wait and see how things would shake out with the FED’s potential rate cuts in 2024. trillion compared to $2.75 trillion in 2021.

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Real Estate Sellers Home Value Inventory 36

Housing Wire

APRIL 25, 2024

In 2024, agents have two choices; learn how to run your entire business from the apps on your phone or tablet, or find a new career. To help, we reviewed hundreds of options to put together this list of the best real estate apps for 2024. When you buy through our links, we may earn a commission.

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Real Estate Agents Open Houses Tools 334

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. Most forecasts call for rates to bounce within the 6% to 7% range in 2024, marking the first annualized decline after three straight years of gains. million existing homes were sold, according to the National Association of Realtors.

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Mortgage Inventory Investors New Listings 415

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” But as the calendar flipped to 2024 and as we inch closer to the spring selling season, Fischer said things have started to pick up.

Housing Market 400

Housing Market Marketing Inventory Construction 400

Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. An increase in active inventory as well as new listings is great news for buyers!

New Listings 54

New Listings Real Estate Inventory Sellers 54

Movoto

MARCH 8, 2024

The housing market just saw its biggest inventory spike in nearly 3 years “New listings for homes for sale climbed 12.9% Louis; [link] , February 28, 2024. ** Board of Governors of the Federal Reserve System (US), Market Yield on U.S. Louis; [link] , February 28, 2024. Copyright ©2024 “January Existing Home Sales.”

Real Estate 36

Real Estate Inventory New Listings Realtors 36

Lamacchia Realty

JANUARY 30, 2024

The frenzied market of 2021 was unsustainable, and consumers and REALTORS alike hoped for a return to normalcy. This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Furthermore, it delves into predictions for the real estate landscape in 2024.

Inventory 55

Inventory Sellers Buyers Contracts 55

Will Springer Realtor

APRIL 9, 2024

New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. The 2166 single-family new listings in King are the lowest of any March since records were archived online in 1991.

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Marketing Inventory Buyers Sellers 59

Lamacchia Realty

DECEMBER 19, 2023

Be sure to work with an expert REALTOR® to make sure you are getting the most out of the home buying experience! If you are planning to list your home this winter, make sure you are adequately prepping your home given the time of year and, most importantly, pricing your home competitively. What does this mean for Sellers ? What’s next?

Real Estate 58

Real Estate Sellers Home Value Buyers 58

Lamacchia Realty

DECEMBER 19, 2023

Be sure to work with an expert REALTOR® to make sure you are getting the most out of the home buying experience! If you are planning to list your home this winter, make sure you are adequately prepping your home given the time of year and, most importantly, pricing your home competitively. What does this mean for Sellers ? What’s next?

Real Estate 58

Real Estate Sellers Buyers Realtors 58

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. Things will pick up in the next week or two.”

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Housing Market Marketing Logistics Real Estate 391

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”

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Buyers Marketing Inventory Investors 371

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. All created by Realtors, for Realtors. In 2024, not only is this no longer true, but platforms like TikTok and Instagram Reels actually reward agents who create informal content.

Real Estate 403

Real Estate Marketing Tools Sellers 403

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 67

Finance Inventory Construction Buyers 67

Will Springer Realtor

NOVEMBER 14, 2023

Sales activity across the county is at historic lows; no October has experienced fewer listings in King County – not even close – since at least 1992 when records were first archived online. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. in 2024 and 4.5M

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Inventory Buyers Sellers New Listings 36

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. 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

Housing Wire

MARCH 8, 2024

as of March 6, 2024. 70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We I was able to bring my clients to multiple listings for their consideration, but now I can only show them one or two in a given week. Altos considers any score above 30 to be a seller’s market.

Housing Market 396

Housing Market Buyers Agents Marketing 396

Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. The 802 new listings last month were a low not seen since records were archived online from 1990.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

MARCH 12, 2024

The picture was somewhat similar for single-family homes as a stand-alone category, with new listings up 38% (1845) and sales 41% (1064) stronger month-to-month, but the YoY numbers were more telling, up 31% and down 4.2%, respectively. This combination of economic conditions is favorable for home buying.

Buyers 55

Buyers Construction Sellers Inventory 55

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 367

Real Estate Marketing Real Estate Agent Tools 367

Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

Insurance 368

Insurance Inventory Marketing Real Estate 368

Housing Wire

AUGUST 10, 2023

The words “think” and “guess” have no place in your playbook for how to avoid margin compression and keep profits up in 2024. But, the really painful trend is new listings data. New listings data is trending at the lowest levels ever recorded in U.S. That took another downfall toward the middle part of last year.

New Listings 270

New Listings Inventory Business Marketing 270

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? Here is the scheduled link to the story – Expectations for 2024 in Seattle/King County Real Estate.

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Real Estate Buyers Housing Market Law 36

Listing Spark

JANUARY 22, 2024

For both new and experienced real estate investors, this bodes well for the 2024 market. Top Apps for Real Estate Investors in 2024 Creating the perfect real estate investor tech stack requires a careful balance of choosing the right apps for each function and not picking too many or too few.

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Real Estate Tools Investors Investing 36

Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. In the CNBC interview, I stressed that we do have one positive on the inventory side of things: we are seeing new listings data growth. This is a positive for housing in 2024 as most sellers are buyers.

Housing Market 411

Housing Market Inventory Contracts Marketing 411

Housing Wire

MARCH 29, 2024

And closed sales were also up about 1%, so overall just a little bit more of the same,” said Clare Losey, housing economist for the Austin Board of Realtors. Additionally, Austin’s median list price has remained stable even as inventory has risen drastically from the troughs it reached in the spring months of 2021 and 2022.

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Housing Market Agents Marketing Inventory 359

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. Canva is perfect for everything from new listings to brand promotion. What is a CRM for Realtors?

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Tools Real Estate Marketing Real Estate Agent 416

Will Springer Realtor

AUGUST 11, 2023

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY).

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Buyers Development Construction New Listings 36

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. I interviewed Dr. Jessica Lautz from the National Association of Realtors for the Altos podcast and we talked about the prospect of 8% mortgage rates. It’s really now looking at January before the market resets and we see what 2024 has in store for us.

Housing Market 410

Housing Market Marketing Inventory New Listings 410

Will Springer Realtor

FEBRUARY 9, 2022

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. That includes 7% down from first-time buyers and 17% on average by repeat buyers, according to data from the National Association of Realtors® (NAR). home buyers.

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Buyers Law Inventory Development 36

Will Springer Realtor

OCTOBER 11, 2022

Mark Zandi, chief economist at Moody’s Analytics, is far more bearish, predicting prices will fall about 10% nationally over the next 12-18 months if the country avoids a recession (which is unlikely) and drop roughly 20% by 2024 if the U.S. That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >>

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Housing Market Marketing Buyers Real Estate 36

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 2024 will likely show an increase in sales too because Q1 this year was still recovering. The median price of the new listings is $400,000 this week. And how steady it has been this year.

Inventory 287

Inventory Contracts New Listings Buyers 287

Will Springer Realtor

MAY 9, 2022

Thankfully, the 2024 planned opening of Link light rail ’s East Link Extension to Bellevue and Redmond will present a viable option if living on the other side of Lake Washington. That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past.

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Architecture Design Buyers Construction 36