Housing Wire

JANUARY 3, 2023

according to data released last Wednesday by the National Association of Realtors. Falling home sales and construction have hurt broader economic activity.”. Pending home sales fell for the sixth consecutive month in November, recording a 4.0% month-over-month drop that resulted in an index reading of 73.9,

Contracts 498

Contracts Housing Market Realtors Construction 498

Housing Wire

FEBRUARY 8, 2024

Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” Jane Doe was recognized by the Orange County Board of Realtors as a top performer.”

Real Estate Agent 395

Real Estate Agent Real Estate Agents Clients 395

Lamacchia Realty

FEBRUARY 6, 2024

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

JUNE 29, 2023

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). It is encouraging that homebuilders have ramped up production, but the supply from new construction takes time and remains insufficient,” added Yun.

Contracts 340

Contracts Inventory Housing Market Realtors 340

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. Bethesda, MD (301) 215-4688 The post Why Don’t More Buyers Consider a Fixer-Upper?

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

Sacramento Appraisal Blog

NOVEMBER 1, 2021

Are buyers struggling to afford the market? I have some brand new visuals to share (Part I) and then let’s unpack a new study about affording new construction (Part II). Let’s talk about that today. What are you seeing in your area regarding affordability? I’d love to hear.

Construction 402

Construction Buyers Marketing Realtors 402

Housing Wire

NOVEMBER 19, 2020

Now, these highly favorable mortgage rates are continuing to bring fresh buyers to the market, said National Association of Realtors chief economist, Lawrence Yun. As a result, Yun said home prices are increasing far too quickly , which may prove difficult for first-time buyers trying to come up with a down payment.

Mortgage 546

Mortgage Construction Valuation Buyers 546

Housing Wire

DECEMBER 13, 2023

Home starts forecasts, meanwhile, don’t offer much certainty about the pace of construction next year. 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.

Inventory 466

Inventory Construction Mortgage Buyers 466

Housing Wire

OCTOBER 22, 2020

million, the National Association of Realtors said in a report on Thursday. I would attribute this jump to record-low interest rates and an abundance of buyers in the marketplace, including buyers of vacation homes given the greater flexibility to work from home.”. Sales of existing homes took off in September, jumping 9.4%

Inventory 530

Inventory Buyers Realtors Housing Market 530

Housing Wire

APRIL 9, 2024

While we took some heat from raising this issue at that time, the proposed Realtor settlement could mean that this now becomes a reality on the ground. This would harm consumers by reduced competition, resulting in higher costs and fewer lender choices.

Sellers 447

Sellers Realty Insurance Realtors 447

Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers.

Business 374

Business Marketing Real Estate Legal 374

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). The NAR attributes this to the rising costs of land and construction materials. “In After posting a 2.5% in 2024 to $474,000.

Housing Market 421

Housing Market Realtors Contracts Buyers 421

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). Given the ongoing job additions, any meaningful decline in mortgage rates could lead to a rush of buyers later in the year and into the next.”

Construction 360

Construction Inventory Realtors Housing Market 360

Housing Wire

SEPTEMBER 22, 2022

from the beginning of this year, but they may have not peaked, putting pressure on affordability challenges for most prospective buyers as the Federal Reserve vows to tame inflation. We do not see new construction returning in a meaningful way any time soon. Mortgage rates have nearly doubled to around 6.5% in 2023. “Now

Mortgage 418

Mortgage Loan Officers Buyers Inventory 418

Housing Wire

DECEMBER 3, 2020

“In high-demand areas where only one or two properties come on the market, maybe in a month, we’re seeing [buyers paying] upwards of $100,000 to $150,000 over asking price.”. Chase Craig, a Realtor with Keller Williams, Own Boise , said that a property of his recently had 30 offers, and those offers had a $65,000 gap between them.

Marketing 533

Marketing Realty Realtors Housing Market 533

Housing Wire

APRIL 1, 2024

“To my knowledge, we are the only ones who set this up as a traditional wholesale channel, which makes it easier for these third parties to add it as a product in the suite that they already have access to — all of their agency loans, government loans, jumbo, non-QM, construction. This is just one more arrow in their quiver.”

Loan Officers 381

Loan Officers Clients Mortgage Construction 381

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 314

Real Estate Brokerage Buyers Property Management 314

Birmingham Appraisal

APRIL 11, 2023

In today’s market where so much information is available online, it’s important to put in the research upfront when pricing a home because we know buyers do and they will know when a listing is overpriced. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.

Realtors 85

Realtors Bracketing Agents Buyers 85

Housing Wire

MARCH 25, 2021

“During the course of the pandemic, ‘home’ had become more important than ever, and as a result, strong purchase demand continues—but buyers also outnumber the sellers,” Khater said. Many economists speculate rising rates will be the key to quelling construction woes, even if it does eventually take a slight toll on demand.

Mortgage 543

Mortgage Construction Realtors Inventory 543

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. “Buyers are still lining up a feverish pace,” Yun said. “Buyers are still lining up a feverish pace,” Yun said.

Supply Chain 421

Supply Chain Inventory Buyers Realtors 421

Housing Wire

JUNE 3, 2021

Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” said Sam Khater, Freddie Mac’s chief economist. Tight housing inventory, obstacles to a faster rate of new construction, and rapidly rising home prices continue to hold back purchase activity,” said Kan. from March to 5.85

Mortgage 340

Mortgage Inventory Construction Realtors 340

Housing Wire

SEPTEMBER 23, 2021

Meanwhile, the housing market continues to lure buyers seeking their dream home as well as those looking to reduce their monthly payments through a mortgage refinancing. The inventory situation is improving, with more new homes under construction and more homeowners listing their home for sale.”. for the seven days ending Sept.

Mortgage 450

Mortgage Inventory Construction Technology 450

Housing Wire

MARCH 29, 2023

regions, but declined in the West, according to the National Association of Realtors. Even though rates ticked up in February, some buyers took the plunge anyway, anxious that mortgage rates would be moving even higher this spring.” Month-over-month, contract signings increased in three U.S. Overall, contract signings were down 21.1%

Contracts 300

Contracts Realtors Home Value Housing Market 300

Housing Wire

DECEMBER 29, 2021

Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. What builders don’t need is a realtor to list their homes in a traditional way. So that those agents will bring their buyer to the builder. I never talk to a buyer.

Realtors 337

Realtors Real Estate Agent Agents Real Estate 337

Housing Wire

FEBRUARY 18, 2022

annually to $350,000, according to the Friday report from the National Association of Realtors. Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. . January sales fell 2.3% from a year ago.

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

MARCH 21, 2023

economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. ” Ratiu said KCM’s focus on providing relevant insights and information to agents so they can educate buyers and sellers was one reason he joined the company. . Ratiu has more than 15 years’ experience tracking the U.S.

Real Estate 384

Real Estate Real Estate Agent Housing Market Agents 384

Lamacchia Realty

MARCH 7, 2023

has released its “Top Producing REALTORS®,” for February 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Horton’s VIP Realtor distinction, placing him in the top 5% of REALTORS® in Broward County.

Realtors 74

Realtors Realty Real Estate Clients 74

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Lamacchia Realty

MARCH 7, 2022

has released their “Top Producing REALTORS®,” for February 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

DECEMBER 28, 2021

Those prices are higher than the national median home price of $357,000 as of November, per the National Association of Realtors. Prices, though, remain 44% below the statewide median home price of $782,480 in November 2020, according to a California Association of Realtors report. “I So, it’s coming along, but it’s a slow process.”.

Insurance 339

Insurance Realty Agents Construction 339

Housing Wire

APRIL 20, 2023

monthly increase in February , breaking a year long streak of declines, existing home sales were back down again in March, according to a report from the National Association of Realtors (NAR), released Thursday. After posting a surprising 14.5% Existing home sales dropped 2.4% On a year-over-year basis, sales were down 22%.

Inventory 370

Inventory Housing Market Realtors Mortgage 370

Lamacchia Realty

APRIL 17, 2024

Potential home buyers may be looking for that extra bit of charm that wood floors offer. Whether drawn to the timeless aesthetics of wood or the practical perks of easy maintenance, it’s evident that many buyers are choosing hardwood floors over carpet or tile. Do Wood Floors Increase Home Value?

Home Value 66

Home Value Buyers Realtors Realty 66

Housing Wire

MAY 10, 2023

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. Rent growth will decrease because apartment construction – entry units coming on the market – is already in the pipeline.

Housing Market 368

Housing Market Insurance Realtors Buyers 368

Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. 9% from April to 5.8 from one year ago (1.55

Inventory 417

Inventory Buyers Realtors Housing Market 417

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. Tables have turned for some sellers.

Mortgage 406

Mortgage Sellers Contracts Buyers 406

Appraisal Buzz

SEPTEMBER 20, 2021

Buyers and sellers? Realtors and Property Appraisers? The construction industry? But they’ll eventually deliver lucidity — allowing buyers, sellers, agents, appraisers, and lenders to plan and budget accordingly. And what does this mean for the economy? Interest rates? Stock and bond markets?

Valuation 195

Valuation Property Appraisal Real Estate Sellers 195

Housing Wire

OCTOBER 6, 2023

And we are trying to help them navigate it because the market has overcapacity for both Realtors and loan officers right now,” Boyd said. Scott Bowne, chief financial officer and broker at Compass Mortgage based in Florida, has offered more rate buy-downs as buyers are now “reaching a very critical debt-to-income standpoint.”

Mortgage 473

Mortgage Real Estate Agent Renovations Finance 473