Housing Wire

JANUARY 10, 2024

Buyers make their decision on a home in two places: first, from the street, based on curb appeal, and second, in the foyer as soon as they enter the home. Add a welcoming doormat, some potted plants on the porch or a new doorknocker for example. Preview the competition the day before you launch your new listing.

Sellers 372

Sellers Inspection Agents Clients 372

Housing Wire

OCTOBER 20, 2022

Mortgage rates were 7.22% for conforming and 6.15% for jumbos at Mortgage News Daily on Wednesday, a spread of 107 bps. Buyers, builders and sellers take a step back as inflation persists . Sellers are responding to the shift in the market and pulling back on listing activity, resulting in a 9.8% ARMs pick up steam.

Mortgage 406

Mortgage Sellers Buyers New Listings 406

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” 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. Next, the house is new.

Sellers 280

Sellers Clients Inventory Agents 280

Housing Wire

AUGUST 18, 2023

Or, are sellers in the subject neighborhood typically settling at about 95% of the list price? How would it compare in the eyes of the buyer? If you’re showing your new listing versus its competition, do you look priced right , overpriced or priced so well you’d be dying to write an offer and snap it up?

Sellers 361

Sellers Construction Real Estate Finance 361

Empire Appraisal Group

AUGUST 3, 2023

In the two months after the devastating September 2022 storm, Cape Coral-Fort Myers saw 900 fewer new listings than there would have been had the storm not hit, according to Redfin projections. But in the six months after that, the area had 1,314 more new listings than projected, a number that more than offsetting the shortfall.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

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% New single-family home sales rose 23.8%

Construction 353

Construction Advertising Real Estate Real Estate Agent 353

Housing Wire

AUGUST 3, 2022

They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. We see some of this in the active listing data as new listings are declining. Lower rates may pull some of these listings forward as people feel more comfortable with rates down; time will tell.

Mortgage 504

Mortgage Inventory Sellers Housing Market 504

GoForrmz

OCTOBER 26, 2022

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. Whether you’re searching for forms for construction , property management, home services, buying, or selling, we’re here to help. This means more competition at faster rates than ever before. That’s where we come in.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

MARCH 6, 2024

The spring homebuying season, which got underway a bit earlier than usual, was off to a good start in districts like New York and Dallas. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased. Most expect their pipeline of contracts to keep construction busy through the year.

Mortgage 374

Mortgage Real Estate Inventory Construction 374

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. With existing inventory down, Schuler said new construction has taken on a larger role in his market.

Housing Market 420

Housing Market Marketing Inventory Construction 420

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 430

Inventory Real Estate Construction New Listings 430

McKissock

DECEMBER 10, 2021

“Higher mortgage rates will end double-digit price growth and new listings will hit a 10-year high,” predicts Redfin. But don’t expect a buyer’s market; just more selection, less frenzy and slower price growth.” Others are forecasting a rate of appreciation that would be the slowest in more than a decade.”

Housing Market 79

Housing Market Appraisal Marketing Appraisal Process 79

Empire Appraisal Group

SEPTEMBER 8, 2022

home prices are about to tumble as demand for new houses ‘craters,’ an economist warns.” Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). Consequently, prices of new homes should follow a similar downward path, although the trajectory is the question.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

McKissock

MAY 9, 2021

Industry News. 4 Essential Steps for Winning With Buyers and Builders. “New-home construction is an appealing option for many buyers, particularly those who have grown tired of being outbid in multiple offer situations. Read the full article here. Read the full article here.

Real Estate Agent 52

Real Estate Agent Real Estate Agents Buyers 52

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. Aspirational pricing and competition from new construction has created more expired and withdrawn listings.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Open Houses 386

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). months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 When supply is 4.3

Inventory 451

Inventory Construction Housing Market Mortgage 451

Housing Wire

AUGUST 23, 2023

While existing home sales are still negative year over year, new home sales are growing year over year. While new home sales market is small compared to the existing home sales market; their buyers are older and make more money. New Home Supply New home supply is a more complicated matter. When supply is 4.4-6.4

Mortgage 368

Mortgage Inventory Construction Sellers 368

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 357

New Listings Construction Inventory Sellers 357

Housing Wire

JULY 25, 2022

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. Cleveland — Residential construction and real estate activity softened further amid rising interest rates. So, home sales have really gotten completely hammered,” Zandi said.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

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. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 400

Inventory Housing Market Marketing Construction 400

Housing Wire

FEBRUARY 16, 2023

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. As you can see below, housing completions are slowly moving along; the homebuilders have more new homes under construction that they haven’t even started yet than active new homes for sale.

Construction 494

Construction Housing Market Inventory Mortgage 494

Housing Wire

JULY 20, 2021

This has dampened new home sales and quickened home-price growth.” ” Mark Palim, deputy chief economist at Fannie Mae , said anecdotal reports of builders delaying or turning down orders to clear a growing construction backlog appears to be borne out by the recent housing starts data. percent,” Palim said Tuesday.

Housing Market 500

Housing Market Marketing Inventory Construction 500

Housing Wire

JUNE 21, 2021

. “I never know how my day is going to go, because when a new listing comes on the market in Knoxville, the race is on. ” Poveda said he usually discourages his buyers from waiving an appraisal — a popular tactic that has popped up during the housing craze of the last 18 months. It’s like a horse race.

Housing Market 432

Housing Market Marketing Realtors Inventory 432

Housing Wire

JANUARY 19, 2024

From NAR: First-time buyers were responsible for 29% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 29 days. This is a positive for housing in 2024 as most sellers are buyers.

Housing Market 434

Housing Market Inventory Contracts Marketing 434

Housing Wire

FEBRUARY 25, 2021

But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders. There will also be a natural seasonal upswing in inventory in spring and summer after few new listings during the winter months,” Yun said.

Supply Chain 402

Supply Chain Inventory Housing Market Contracts 402

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 national trend for new construction, however, is generally moving in the opposite direction.

Buyers 36

Buyers Development Construction New Listings 36

Listing Spark

DECEMBER 23, 2020

Median Sales Price: $270,000 (up 12%) Closed Sales: 9,660 (up 28.1%) Active Listings: 29,948 (down 27% from this time last year) 2.2 For the buyers who are looking to buy for the first time or trade up in to a bigger home, historically low rates are pulling them in to the market. Here is a list of some of the companies moving to Texas.

Real Estate 36

Real Estate Marketing Inventory Modernization 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. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). on the Eastside. The county saw a 4.9%

Sellers 59

Sellers Buyers New Listings Inventory 59

Housing Wire

NOVEMBER 28, 2022

The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. In addition, we have a lot of two-unit construction built, which will bring more supply online. Rates also need to stay at that lower for longer as well.

Transportation 531

Transportation Construction Housing Market Mortgage 531

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. Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers.

Contracts 387

Contracts Inventory Housing Market Buyers 387

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. The big twist? A sharp increase in interest rates.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Raleigh Realty

JULY 12, 2022

Raleigh Real Estate Supply Raleigh is currently in a buyer’s market, which means there are more homes for sale than available buyers. This means buyers have more power to negotiate for lower pricing. While resale homes are spending less time on the market, there are still more homes for sale than buyers in Raleigh.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). This return of buyers follows a sluggish late 2023. Months of inventory continue to be a burden on all buyers. Because new home construction hasn’t kept up.

Buyers 56

Buyers Construction Sellers Inventory 56

Will Springer Realtor

MARCH 10, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Year Ago CONDO NEWS It’s full speed ahead at Avenue Bellevue , the two-tower, high-end condominium project in the heart of the city.

Construction 36

Construction Modernization Buyers Inspection 36

Listing Spark

JANUARY 12, 2023

Builders will continue to target first-time home buyers with incentives. Home sellers should focus on their local market and pull out all the stops when listing a house. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9% Episode Highlights.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

SEPTEMBER 8, 2021

Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. Builders began construction on just under a million single-family homes in 2020. BY THE NUMBERS. >> Buyers secured 3.8 That’s fair.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% While there were 5.8% against the previous month.

Finance 67

Finance Inventory Construction Buyers 67