Housing Wire

SEPTEMBER 7, 2023

But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. You’ve got current economic conditions that are not opportunistic for a homebuyer right now, inflation is still out there and it’s all constraining buyers’ ability to spend. “You’ve

Buyers 393

Buyers Agents Loan Officers Real Estate 393

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients.

Clients 424

Clients Real Estate Inspection Buyers 424

Housing Wire

NOVEMBER 30, 2020

However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices. Presented by: Fannie Mae. pending home sales fell 1.1% compared to a year ago.

Realtors 532

Realtors Inventory Contracts Development 532

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 423

Agents Realtors Clients Real Estate Agent 423

Housing Wire

DECEMBER 30, 2020

Year-over-year, contract signings increased by 16.4%. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. Presented by: WFG. pending home sales slid for the third consecutive month in November, dropping 2.6%

Contracts 532

Contracts Inventory Realtors Government 532

Housing Wire

MAY 10, 2022

These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers. The second section, shows the experiences of successful home buyers by race.

Housing Market 442

Housing Market Realtors Buyers Inventory 442

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house.

Inspection 404

Inspection Real Estate Agent Real Estate Insurance 404

Housing Wire

JUNE 5, 2023

As with the rest of the country, the Chicago-area market is dealing with issues stemming from a lack of inventory , and until rates decline, it’s the first-time buyers that Lotsoff and Brok are primarily targeting for volume. For first-time homeowners, having the capital for a down payment is the biggest barrier, Brok said.

Loan Officers 382

Loan Officers Mortgage Lending Retail 382

Housing Wire

OCTOBER 26, 2021

With one of only a few companies that provide an iBuying offering halting business, it does present an opportunity to us as customer demand for streamlined, on-demand real estate solutions remain high.”. “Offerpad is continuing to expand our reach,” company founder and CEO Brian Bair told HousingWire. More will be known Nov.

Supply Chain 529

Supply Chain Real Estate Real Estate Agent Clients 529

Housing Wire

FEBRUARY 2, 2022

The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) increased to 3.75% from 3.72% the week prior. Presented by: Equifax. Stubbornly low inventory levels and swift home-price growth continue to push average loan sizes higher,” Kan said.

Mortgage 404

Mortgage Contracts Inventory Investors 404

Housing Wire

DECEMBER 21, 2023

I’m here to debunk the myths and explain why every veteran and qualifying service member should embrace this well-deserved benefit and capitalize on the opportunities it presents. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan.

Mortgage 433

Mortgage Renovations Appraisal Process Finance 433

Housing Wire

AUGUST 31, 2021

With little inventory, home-price growth in the U.S. “While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper on price growth,” said CoreLogic Deputy Chief Economist Selma Hepp. Presented by: Flueid. “We

Housing Market 433

Housing Market Inventory Buyers Real Estate 433

Hank Miller Team

DECEMBER 17, 2021

It's not a rosy outlook; expect home buyer frustration to increase in 2022. So what's in store for home buyers and sellers that have to make a move this spring? So what's in store for home buyers and sellers that have to make a move this spring? See the inventory bumps as we head into the first quarter?

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Housing Wire

NOVEMBER 2, 2022

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 7.06% on Wednesday from last week’s 7.16%, according to the Mortgage Bankers Association. . Tables have turned for some sellers.

Mortgage 404

Mortgage Sellers Contracts Buyers 404

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. The content and consistency that Coffee & Contracts provides really makes it easy to have a good-looking Instagram grid! When you buy through our links, we may earn a commission.

Real Estate 414

Real Estate Sellers Real Estate Agent Tools 414

Housing Wire

OCTOBER 23, 2020

Contracts during this time also skyrocketed 62%. While the Palm Beach housing market has not seen a lot of bidding wars, Koch said that a lot of the inventory has been absorbed and properties are getting multiple offers. Presented by: NAMB. Since it’s a summer destination, Palm Beach’s busy season for home-buying starts on Nov.

Housing Market 534

Housing Market Marketing Real Estate Agent Real Estate 534

Hank Miller Team

MARCH 6, 2024

There was pain of course, many buyers were eliminated and the withdrawals from those low rates is still being felt. We now have fewer buyers, less chaos and more time for buyers to consider their purchase. 23 saw a less severe drop in contracts and closings, sellers also recognizing that bull run was over. in Feb '22.

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Housing Wire

AUGUST 28, 2020

The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. Specifically, I’m talking about listing agreements and sales contracts. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. Listing tools.

Tools 308

Tools Sellers Real Estate Contracts 308

Hank Miller Team

JANUARY 9, 2024

drops in contract and sale prices All categories saw positive growth out of the Dec '22-Jan '23 lows Home prices for Q1 '24 into Q2 '24 in the greater Atlanta real estate market will be heavily influenced by inventory. Buyers have largely adjusted to the rates and the expectation is that the Fed will begin cutting by mid year.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

Housing Wire

MAY 2, 2024

Ben Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized credit, said that during the past year, nonqualified mortgage (non-QM) AAA bond spreads have actually contracted from 155 to 135, while agency mortgage-backed securities (MBS) spreads have widened from about 118 to 134 over the same period.

Marketing 424

Marketing Mortgage Investors Sellers 424

Realtor

OCTOBER 16, 2023

for first-time buyers is $12,274 (around 6%), in addition to $1,983 in closing costs. “Buyers may not be able to even see a home without providing a copy of their pre-approval letter just to schedule an appointment,” says Ameer. down,” says Yifan Zhang , CEO of the host-to-own homebuying program Loftium. ” 8.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Empire Appraisal Group

JUNE 22, 2022

listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed. ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market. But sometimes, one number can’t present the entire story.

Marketing 78

Marketing Contracts Realtors Tools 78

Housing Wire

AUGUST 18, 2023

Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. How would it compare in the eyes of the buyer? Are they already in contract on something? Square feet matters, bedrooms, baths, views and condition are all taken into account.

Sellers 370

Sellers Construction Real Estate Finance 370

Hank Miller Team

APRIL 9, 2024

Hey home buyers, they’ve been lying to you. Telling you about dropping rates, dropping prices and increasing inventory. Buyers waiting for prices to substantially drop are wasting time and losing money. Sounds like the typical hack agent line, but serious buyers need to accept things and get it done. pending prices up 4.7

Buyers 40

Buyers Sellers Real Estate Agents 40

Birmingham Appraisal

MAY 11, 2022

There is a direct relationship between the health of the market and buyer activity. Last year was record-breaking in many areas, so to only compare the present activity against it would not be fair. Median home prices continue to rise as a result of high demand and limited inventory. Median Sales Price.

Housing Market 52

Housing Market Marketing Inventory Buyers 52

Hank Miller Team

AUGUST 14, 2022

That long view is needed; reacting every time some piece of data is present will make you nuts. Granular data (by the week or two) is critical tactically; what do buyers and sellers in the market right now need to know? Covid trips Q4 but as 2021 opens contract and sale prices jump. That ended late Q2’21 as the Fed stepped in.

Real Estate 40

Real Estate Marketing Contracts Inventory 40

Lamacchia Realty

FEBRUARY 14, 2024

From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions. However, all this does is hold them back from their goals!

Sellers 64

Sellers Realtors Buyers Inventory 64

Birmingham Appraisal

OCTOBER 26, 2022

This smaller pool of buyers decreases the demand on the existing inventory of homes and this results in homes selling for less than the asking price and taking longer to sell. Interest rates were dropped shortly after the pandemic was announced, which sparked a frenzy of buyer activity because of the lower mortgage payments.

Marketing 92

Marketing Buyers Appraisal Real Estate 92

Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Appraisal Today

MARCH 8, 2024

The present bill also refers to requirements for data collectors established by the Appraiser Qualifications Board, which do not exist. housing market presents a landscape of contrasts and evolving dynamics. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA was unchanged at 6.86

Appraisal 81

Appraisal Contracts Real Estate Housing Market 81

Appraisal Today

APRIL 5, 2024

February 2024 marked a dynamic period in the housing market, presenting opportunities and challenges for real estate appraisers. to 7% range for mortgage rates and anticipated fluctuations will significantly impact buyer affordability and demand. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.35

Appraisal 76

Appraisal Contracts Business Construction 76

Housing Wire

DECEMBER 19, 2022

This trend has made it easier for buyers with financing and other contingencies to purchase a home. Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It It is hard to tell if more homes are being listed or if things are just sitting a bit longer, but there is definitely more inventory,” she said.

Marketing 403

Marketing Inventory Buyers Housing Market 403

Housing Wire

JULY 17, 2023

By October 2022, it looked like 2023 would have rising inventory and falling home prices. But since January, home buyers have defied all expectations. Sellers have not materialized, and buyers have been buying everything that becomes available. Inventory has fallen all year. I grew pretty bearish again. is $450,000.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

OCTOBER 18, 2021

The report is based on a monthly survey of NAHB members, in which respondents are asked to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes. NAHB attributes this increase to strong consumer demand for homes.

Supply Chain 534

Supply Chain Inventory Buyers Housing Market 534

Housing Wire

JUNE 21, 2021

But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. You set your appointments the night before, and when you get there that morning, they might already be under contract.” Presented by: Radian.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Housing Wire

FEBRUARY 25, 2021

And inventory shortages are the culprit. 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. All four areas saw contract transactions increase from a year-over-year standpoint.

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Appraisal Today

DECEMBER 8, 2023

Rather, it is merely to present them for discussion and analysis. The record comes as mortgage rates hover at elevated levels, hitting their highest level in 23 years last week and cutting deep into buyers’ budgets. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.98

Appraisal 66

Appraisal Real Estate Contracts Design 66