Remove Buyers Remove Contracts Remove New Listings Remove Real Estate
article thumbnail

Get more real estate buyer leads in 2024

Housing Wire

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Extending a broad (but strategic) net is part of knowing how to generate buyer leads in real estate.

article thumbnail

Buyers are getting cold feet as mortgage rates exceed 7%: Redfin

Housing Wire

Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. of homes that went under contract that month, according to a new report from Redfin. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

Buyers 418
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: Key signals to watch in a volatile real estate market

Housing Wire

In May, I wrote about the signs to watch for a real estate market slowdown. The price of new listings is dropping. The big question is: how long will the market contraction last and when should we expect things to heat back up? Home buyers got spooked when mortgage rates passed 5.5%. in September to 6.5%

article thumbnail

Redfin: Over half of buyers are going above asking price

Housing Wire

Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market. ” How real estate agents can alleviate consumer pain points in a tight market. But that’s not slowing down buyers. from a year ago.

Buyers 421
article thumbnail

Top Producer Review: Features, pricing & alternatives

Housing Wire

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.

article thumbnail

No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I 20, the National Association of Realtors said that contract signings were up 23% year over year. Over the last four weeks ending on Sept.

article thumbnail

Pending home sales are down 31% from last year

Housing Wire

An index of 100 is equal to the level of contract activity in 2001. The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers.”. Only when inflation is tamed will mortgage rates retreat and boost home purchasing power for buyers.”.

Contracts 524