Housing Wire

MAY 30, 2023

Low inventory , maintained by an extremely low level of new listings coming onto the market, has fueled demand amongst the few buyers who can afford to stay shopping.

Mortgage 404

Mortgage Inventory Construction New Listings 404

Housing Wire

JANUARY 10, 2024

You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. Preparing your next listing so it shows like a model home is the goal. Make sure both places shine. It matters!

Sellers 414

Sellers Inspection Agents Clients 414

Housing Wire

OCTOBER 20, 2022

The 30-year fixed-rate mortgage continues to remain just shy of 7% and is adversely impacting the housing market in the form of declining demand,” Sam Khater, Freddie Mac’s chief economist, said in a statement. Mortgage rates were 7.22% for conforming and 6.15% for jumbos at Mortgage News Daily on Wednesday, a spread of 107 bps.

Mortgage 404

Mortgage Sellers Buyers New Listings 404

Housing Wire

JULY 20, 2023

For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. According to Altos Research , this week there are only 465,000 active listings. How does someone list and buy at the same time successfully in a market like this?

Sellers 285

Sellers Clients Inventory Agents 285

Housing Wire

AUGUST 18, 2023

Even in a hot seller’s market, there is aspirational pricing. Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. The average days on the market You should know this stat for properties like your subject property.

Sellers 370

Sellers Construction Real Estate Finance 370

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. NEW YORK – The rock-hard foundation of the U.S. The number of home listings remains low nationally.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

McKissock

DECEMBER 10, 2021

As the end of the year approaches, housing market predictions for 2022 abound. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you. Read on for this week’s appraisal news and insights. Redfin predicts a more balanced housing market in 2022.

Housing Market 79

Housing Market Appraisal Marketing Appraisal Process 79

Empire Appraisal Group

AUGUST 3, 2023

NEWS & MEDIA Bilanol/Getty Images Plus Source: [link] Study: Real Estate Hot in Hurricane Ian-Hit Areas By Kerry Smith Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that. FORT MYERS, Fla.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. We were up year over year in inventory , but we were at a 25 year low on new listings.” In mid-June 2023, the statewide 90-day average Altos Market Action Index score hit a high for year of 53.99, before sliding down to a trough of 40.03 in mid-January 2024.

Housing Market 433

Housing Market Marketing Inventory Construction 433

Housing Wire

AUGUST 3, 2022

The question is, can lower mortgage rates save the housing market from its recent downtrend? I stress that higher and lower mortgage rates impact the market, but it needs time to filter their way into the economy. They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner.

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

Housing Wire

AUGUST 1, 2023

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. New single-family home sales rose 23.8%

Construction 370

Construction Advertising Real Estate Real Estate Agent 370

Housing Wire

MARCH 6, 2024

“Should mortgage rates fall, demand for residential real estate would increase, encouraging buyers who had been waiting on the sideline to move forward with home purchases,” according to the Beige Book. The Beige Book is published two weeks before each meeting of the policy-setting Federal Open Market Committee.

Mortgage 414

Mortgage Real Estate Inventory Construction 414

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. That’s where we come in.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

JUNE 6, 2023

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. New York – The residential sales market has been strong across the District.

Inventory 424

Inventory Real Estate Construction New Listings 424

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. It’s like a horse race. Presented by: Radian.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Listing Spark

DECEMBER 23, 2020

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . What’s driving the strength of our Texas real estate market? Months of Inventory (1.2 Months of Inventory (1.2

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Real Estate Marketing Inventory Modernization 36

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.

Real Estate Agent 404

Real Estate Agent Real Estate Agents Open Houses 404

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. “Last year was the strongest year in the housing market for new home sales in over a decade,” he said.

Housing Market 493

Housing Market Marketing Inventory Construction 493

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. However, housing affordability worsened.

Inventory 414

Inventory Housing Market Marketing Construction 414

McKissock

MAY 9, 2021

That’s why we’ve teamed up with RISMedia , the leading provider of the most relevant and up-to-date information related to the residential real estate market. Industry News. 4 Essential Steps for Winning With Buyers and Builders. Policy News. Read the full article here. Read the full story here.

Real Estate Agent 52

Real Estate Agent Real Estate Agents Buyers 52

Housing Wire

FEBRUARY 24, 2023

They don’t ever have to have the conversation about how low their total payment is in the new home they’re buying, unlike some of their buyers (which explains higher cancellation rates). As I have stressed for months, the new home sales levels are historically low and don’t account for the cancellation rate. When supply is 4.3

Inventory 477

Inventory Construction Housing Market Mortgage 477

Housing Wire

AUGUST 23, 2023

Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. As we can see in the chart below, new home sales are growing, even with the negative revisions we have seen in the report. months , this is just an OK market for builders.

Mortgage 370

Mortgage Inventory Construction Sellers 370

Housing Wire

FEBRUARY 16, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% Housing inventory remained low in January and new homes still accounted for about 30% of all homes available for sale. month over month, according to a report released Friday by the U.S. Census Bureau and the U.S.

New Listings 431

New Listings Construction Inventory Sellers 431

Housing Wire

FEBRUARY 16, 2023

They have less competition as they are working from low sales levels in today’s housing market. In an odd twist of fate, the delays due to COVID-19 are currently an infrastructure and jobs program for Americans in the construction industry. Here’s the breakout: 71,000 new homes have been completed: 1.4 months of supply.

Construction 519

Construction Housing Market Inventory Mortgage 519

Housing Wire

JANUARY 19, 2024

Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. from December 2022 ($366,500).

Housing Market 464

Housing Market Inventory Contracts Marketing 464

Housing Wire

FEBRUARY 25, 2021

Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. That said, there has been an increase in permits and requests to build new homes.”.

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Housing Wire

SEPTEMBER 12, 2023

The point of the editorial seemed to be to scaremonger over government programs to help home buyers and student loan borrowers. So, the author tried to use new construction prices from back in April to describe the whole U.S. housing market now. That’s frankly surprising given how cold the housing market froze last fall.

Contracts 404

Contracts Inventory Housing Market Buyers 404

Housing Wire

NOVEMBER 28, 2022

housing market went into recession in June of this year, which I talked about a few months ago on CNBC. New and existing home sales are falling, along with housing permits and starts, as we have too many new homes for the builders to issue new permits. The Fed pivots early when the labor market starts to get bad.

Transportation 535

Transportation Construction Housing Market Mortgage 535

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Price drops are becoming more normal, and we can expect home values to decrease by 10-15% on average across major markets. Builders will continue to target first-time home buyers with incentives. Episode Highlights.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. The market has, ahem , evolved in the four years since. monthly decline in available Seattle listings (793). The Eastside saw a 3.5%

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. The City of Renton reported in June that 92% of the 7800 new units in the permitting pipeline are expected to be market-rate rentals.

Buyers 36

Buyers Development Construction New Listings 36

Listing Spark

SEPTEMBER 25, 2023

Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. While many thought it’d spell bad news, the total meltdown hasn’t happened. Here are five of the biggest change in the Texas Real Estate market. The big twist? At least, not yet.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Listing Spark

MARCH 9, 2023

With the Texas real estate market constantly changing and evolving, it can be difficult to stay informed on current trends or predict what will happen in 2023. But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Raleigh Realty

JULY 12, 2022

A healthy housing market indicates a healthy national economy. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? Census Bureau) These are all significant green flags for the real estate market in Raleigh. Redfin) Condos and co-ops are spending more days on the market in Raleigh.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Will Springer Realtor

MARCH 10, 2023

MARCH HOUSING UPDATE The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers. Prices start at $1.4M

Construction 36

Construction Modernization Buyers Inspection 36

Berkshire Hathaway

MAY 5, 2021

The trend this year seems to be among buyers “why is it so hard to find a house” Well one of the answers is we are in the ultimate sellers’ market, which means the market it very competitive for buyers right now. Though buyer shouldn’t be alarmed.

Housing Market 41

Housing Market Marketing Sellers Buyers 41