Housing Wire

NOVEMBER 20, 2023

More new listings could help boost sales We saw 58,000 new listings added to the housing inventory this week, with 9,000 of those already under contract. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market.

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Inventory New Listings Housing Market Sellers 393

Housing Wire

MARCH 6, 2024

The typically busy spring housing market seems to already be at the doorstep despite stubbornly higher mortgage rates. Other sources of housing data are showing increases in new listings, which is a real positive for the spring buying season given the lack of for-sale inventory.” Mortgage applications increased by 9.7%

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Mortgage Retail New Listings Inventory 419

Housing Wire

JANUARY 16, 2024

Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. The market had about 49,000 new listings this week. Leaving 40,000 New listings to add to the market which is about a 5% increase versus last year. 9,000 of those are already in contract.

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Inventory New Listings Sellers Contracts 419

Housing Wire

FEBRUARY 5, 2024

There were 7% more new sellers this week than the same week a year ago. There were 44,000 new listings for single- family homes this week, plus another 11,000 immediate sales which were listed and are already in contract. The pace of new sellers each week remains incredibly restricted, but is showing signs of easing.

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Mortgage Inventory Sellers New Listings 403

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. In this article, we’ll share ideas and tips, including the best way to present new listings and how to engage your followers with valuable educational content.

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Real Estate Agents Real Estate Agent Clients 342

Housing Wire

JANUARY 1, 2024

If I am wrong and mortgage rates go lower for longer and we don’t get more new listings in 2024, then home prices can grow faster in 2024 because we will have the same issue as before: too many people chasing too few homes. We haven’t had new listings data break over 90,000 in the peak seasons of 2021, 2022 or 2023.

Housing Market 522

Housing Market Marketing New Listings Construction 522

Housing Wire

AUGUST 10, 2023

With regular reports and data coming out on what’s blocking inventory growth, the biggest factors impacting rates and the latest shifts in home sales, there’s a lot of information out there to help you inject more confidence into your business strategy. But, the really painful trend is new listings data.

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New Listings Inventory Business Marketing 268

Housing Wire

MARCH 6, 2024

Housing professionals already know that high mortgage rates are bad for business. This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings. And they hope that rates will soon fall.

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Mortgage Sellers New Listings Buyers 381

Housing Wire

MAY 23, 2024

Manufacturing jobs and business investment also tend to get hit with higher rates, but we have massive manufacturing spending now that hides that issue. This sector traditionally doesn’t release units completed for sale all at once, as it goes against the business model.

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Marketing Construction Mortgage Housing Market 394

Housing Wire

JUNE 25, 2023

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022.

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Inventory Housing Market Marketing New Listings 404

Housing Wire

FEBRUARY 20, 2024

New listings rise New listings continue to show us that more sellers are interested in this market this year. With just under 50,000 new listings unsold coming to the market this week, that’s now 16% more than the same week a year ago. Each week, the percentage gains over a year ago keep improving.

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Mortgage Inventory Sellers New Listings 481

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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Mortgage Real Estate Inventory Construction 346

Housing Wire

JANUARY 22, 2024

Indianapolis is a hub for logistics businesses, including the world’s second-largest FedEx Express hub and the divisional headquarters for freight and transportation giant CSX. There is always a big slowdown between Thanksgiving and New Year. Things will pick up in the next week or two.”

Housing Market 386

Housing Market Marketing Logistics Real Estate 386

Housing Wire

FEBRUARY 3, 2023

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the data for this year, along with a roundtable discussion on how these insights apply to your business. As a result, inventory declined with few new listings and a surprising number of buyers. Currently, 33.9%

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Housing Market Marketing Inventory New Listings 346

Housing Wire

SEPTEMBER 21, 2023

For starters, we have to work harder than ever before to get our business moving in the right direction. We need to be more strategic in how we use technology and what kind of investments we make in our businesses, including our talent attraction and retention game. Having an edge is imperative in any business, especially real estate.

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Agents Real Estate Real Estate Agent Business 370

Housing Wire

MARCH 22, 2024

In the nearby metro area of Cape Coral-Fort Myers , active single-family inventory over the previous 90 days averaged 6,500 listings as of March 15, above its March 2020 level of 5,044 listings and approaching its March 2019 level of 7,243 listings. Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 363

Housing Wire

MARCH 12, 2023

Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. The 10-year yield, already at a key critical level, couldn’t break higher but reversed and went lower Friday after the jobs report and the news around Silicon Valley Bank. million in 2023.

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Housing Market Mortgage Marketing Inventory 369

Housing Wire

SEPTEMBER 12, 2023

Everyone wants to know: How do I create a steady flow of repeat and referral business? FACT : When you look at that amazing new listing that just hit the market and you see the listing agent and ask, “How did that agent get that listing?!” GOAL: Be that agent who the seller already knows and gets that listing.

Real Estate 349

Real Estate Agents Clients Sellers 349

Housing Wire

FEBRUARY 26, 2024

Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. The median price of the new listings this week is $410,000. Download the free Altos eBook: “How to Use Market Data to Build Your Real Estate Business” is $429,000.

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Sellers Inventory New Listings Contracts 401

Housing Wire

MAY 4, 2023

The number of new listings coming on the market this spring is lower than it has been in more than a decade. Sales and new pending contracts are below pre-pandemic levels. New listings activity will continue to be very low throughout much of 2023. To register, go here. Selective sellers. Who is selling right now?

Housing Market 387

Housing Market Marketing Inventory Buyers 387

Housing Wire

MAY 8, 2024

We found that more than 99% of new listings in March included offers to pay the buyer’s agent. Furthermore, more than 96% of all listings included offers of 2% or more, and more than 67% are offering to pay 2.5% We are not hearing from agents that any of these numbers are coming down.”

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Agents Brokerage Real Estate Clients 335

Housing Wire

JULY 7, 2022

In Portland, Oregon, for example, one loan officer noted that new listings doubled in the second half of May from 800 to 1,900 new listings. In Seattle, Dan Keller reported 47% of all listings had price reductions. New data published in Business Insider found that investors bought 33% of U.S.

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Inventory Marketing Mortgage Supply Chain 390

Housing Wire

JULY 16, 2023

Weekly housing inventory We had mild inventory growth last week and new listing data is trending at the lowest levels ever. In a few months, we will see the seasonal decline in active listings inventory that we see every year. In a normal market, mortgage rates would easily be under 6% with the 10-year yield where it is.

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Housing Market Marketing Inventory New Listings 365

McKissock

NOVEMBER 2, 2020

Here are six ways technology can hurt—or even ruin—your real estate business. Takeaway: If you aren’t prepared to respond to all the new client inquiries, incoming showing requests, and current client communication, your real estate business will be in serious trouble. Bad photos can hurt your real estate business.

Real Estate 81

Real Estate Technology Business Clients 81

Housing Wire

NOVEMBER 16, 2023

Today, it’s about meeting the new demands of a varied and tech-savvy market — all while adding a personal touch. Today, it’s about meeting the new demands of a varied and tech-savvy market — all while adding a personal touch. Learn more Partner with local businesses Collaborate with local businesses for cross-promotion.

Real Estate 363

Real Estate Marketing Real Estate Agent Tools 363

Housing Wire

AUGUST 1, 2023

Zillow and Redfin’s partnerships come at a time when buyers are increasingly turning to new construction due to a rate lock-in effect caused led by high mortgage rates. New single-family home sales rose 23.8% in June from a year ago while the market saw 28% fewer new listings added during the same period.

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Construction Advertising Real Estate Real Estate Agent 337

Housing Wire

JUNE 28, 2023

New listing data is trending at all-time lows; active inventory growth has been so slow in 2023 that we will see some negative year-over-year prints soon in the weekly inventory data. Clearly, the survey shows that the housing dynamics have changed in the mind of some investors,” said Logan Mohtashami, Lead Analyst at HousingWire.

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Investors Housing Market Marketing Renovations 343

Housing Wire

APRIL 24, 2024

While the real estate industry is forever in flux, one constant is that it’s a relationship business. One of the biggest challenges for agents is finding new clients and staying top-of-mind until they are ready to buy or sell. Market Snapshot reports on new listings, for-sale properties, price changes, and neighborhood trends.

Real Estate 335

Real Estate Clients Tools Contracts 335

Housing Wire

JUNE 26, 2023

This lack of inventory has also resulted in the return of home price growth in recent months and has boosted new home construction, Fannie Mae ‘s Economic and Strategic Research (ESR) Group said Monday. The ESR group projects single-family mortgage originations for 2023 to be $1.59 trillion, down from its previous forecast of $1.65

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Inventory Construction New Listings Housing Market 351

Housing Wire

OCTOBER 4, 2021

There is still ample opportunity in the market for lenders to rope in refi business, according to a quarterly report published Monday by Sales Boomerang. And the reason for this is two-fold. Sales Boomerang suggested that “lenders may need to revise their year-end revenue forecasts.”.

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Insurance New Listings Mortgage Development 414

Housing Wire

NOVEMBER 9, 2023

The only question is whether you will be the one to list (or sell) the next homes in your market. When you list two homes per month, you will automatically attract buyer business as well, so focus on listings. Don’t get mad when another agent lists your past client if you’re not making the effort.

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Real Estate Agent Real Estate Agents Open Houses 361

Housing Wire

JULY 25, 2023

Secret: Many of our coaching clients can set one expired appointment per day, take two listings per week, and are grossing over $1 million per year. Because it’s not just the expired listing that you are selling, i t’s the additional business it creates for you. They are much more ‘coachable’ and motivated.

Real Estate Agent 273

Real Estate Agent Real Estate Agents Sellers 273

Housing Wire

NOVEMBER 30, 2021

business as a real?estate?professional. Studying listing information for the current year and comparing with past years?—?list?prices,?new new listings, sold listings, days on market, off-market listings?—?will help you build your business ?. trying to focus on your real estate business.?Real

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Real Estate Agents Real Estate Agent Business 421

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. Vetted by HousingWire | Our editors independently review the products we recommend.

Real Estate 338

Real Estate Agents Open Houses Tools 338

Housing Wire

JULY 13, 2021

An improving supply situation may also be making a difference, with new listings up 4% year over year — meaning more properties are hitting the market for buyers to bid on. They’re also just busy, enjoying summertime travel and getting ready for back-to-school season.”. million and 1.92

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Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

SEPTEMBER 8, 2023

It’s the unending back-and-forth from business to business and the waiting. Also adding to the pressure to streamline is the overall economic trend toward nearly instantaneous, do-it-yourself purchases (a la Amazon ), virtual tours for new listings and even a rise in FSBO listings.

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Real Estate Agent Real Estate Project Management Agents 311

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

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Inventory Housing Market Investors Sellers 413