Housing Wire

SEPTEMBER 30, 2020

“There’s a lot of homeschooling going on in this hybrid world, and it’s difficult,” Realtor Vesna Kanacki with Century 21 Full Service Realty in New City, New York, told HousingWire. 20, the National Association of Realtors said that contract signings were up 23% year over year. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

AUGUST 10, 2020

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. As new contract signings are outpacing new listings due to low inventory, properties sold typically within 26 days in the four weeks leading up to August 2, NAR said.

Agents 544

Agents Business Inventory Real Estate Agent 544

Housing Wire

AUGUST 28, 2020

In the age of COVID-19, Peck Barham knew that prospective home buyers would pepper him with questions about home offices as they decamped downtown Birmingham for the spacious suburbs. And about 70% of the people he works with are getting pools installed, specifically buyers with older kids.

Real Estate Agent 471

Real Estate Agent Real Estate Agents Buyers 471

Housing Wire

OCTOBER 26, 2021

There was no bidding war,” recalled Pellegrini of Pellegrini & DeGeorge Partners , an affiliate of Sotheby’s International Realty. “It The company said it would complete purchases that are under contract but not closed, and will continue to work on reselling existing inventory. More will be known Nov.

Supply Chain 528

Supply Chain Real Estate Real Estate Agent Clients 528

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills. How, then, will a buyer agent get paid?

Agents 376

Agents Buyers Training Law 376

Housing Wire

MAY 3, 2021

The complaint – which proposes a class of every single real estate agent who signed a contract with Compass in the last four years – is brought by Lisa Sheppard and Todd Sheppard, a sales team that operated a boutique brokerage in Sonoma County and has since moved onto Sotheby’s International Realty.

Agents 393

Agents Brokerage Real Estate Agent Real Estate 393

Lamacchia Realty

APRIL 6, 2022

Lamacchia Realty, Inc. Kelly joined forces with Lamacchia Realty in January 2019, after having owned James Marcora Realty in Billerica, MA since 2006. Kelly joined the 2021 Lamacchia Realty President’s Club for the first time ! has released their “Top Producing REALTORS®,” for March 2022!

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

APRIL 20, 2022

She then went on to teach high school French, but after six years of dealing with “hormonal teenagers” Williamson was ready for a change, and on a friend’s suggestion interviewed at the local Daniel Gale Sotheby’s International Realty affiliate. “It Just how we do contracts now is so much faster. Brokerages Invest in Tech.

Real Estate Agent 379

Real Estate Agent Real Estate Agents Brokerage 379

Lamacchia Realty

MAY 6, 2024

Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. An attorney offers valuable protection and knowledge for you as a buyer. The attorney will advocate on your behalf as a buyer to include the most favorable terms to protect you.

Real Estate 70

Real Estate Legal Law Contracts 70

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 523

Supply Chain Inventory Buyers Housing Market 523

Housing Wire

SEPTEMBER 9, 2020

Time waits for no buyer in the suburbs. With record-low interest rates, paltry inventory and a surge in buyers, agents are advising clients to be extraordinarily aggressive to win. “The property comes on within 24 hours, and if it meets your buyers criteria you want to get them out to see it.”

Agents 477

Agents Marketing Clients Buyers 477

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 And our buyers that do get under contract are a little bit more skittish and quicker to cancel, so I have seen a high number of back-on-markets.”

Marketing 331

Marketing Inventory Buyers Housing Market 331

Housing Wire

OCTOBER 21, 2020

“It’s been a circus, really,” said Anthony Lamacchia, Realtor and owner of Lamacchia Realty in the Boston suburbs. Across the different markets, the agents consistently reported bidding wars amid heightened demand for single-family homes, low inventory and an increase of buyers fleeing big cities.

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

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. All four areas saw contract transactions increase from a year-over-year standpoint. Presented by: Fannie Mae. million in 2020.

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Housing Wire

MARCH 7, 2022

On a Facebook video chat , Amy Heckler of Heckler Realty in St. Pete’s Beach, Florida answered real estate agents’ questions, surrounded by a white and red Heckler Realty banner and two office plants. Generally, listing agents extract a commission from the homeseller and then split it with the buyer’s agent.

Real Estate 461

Real Estate Law Inspection Agents 461

Realtor

JULY 13, 2021

Getty Images Buyers, we know it’s hard out there for you right now. All of this demand means buyers are going to ever-greater lengths to make their offer stand out. All of this demand means buyers are going to ever-greater lengths to make their offer stand out.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Lamacchia Realty

JANUARY 25, 2024

It kept inventory down, which propped up prices, but sales are down nearly 22%, and buyers are hungry. This report breaks down sales, average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022 and discusses what is predicted to unfold in 2024. Sales Decline by 21.7%

Inventory 69

Inventory Sellers Contracts Buyers 69

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Realtor

OCTOBER 16, 2023

. “Many lenders, especially in more recent years, have started to charge hidden points in an effort to advertise a much lower mortgage rate to potential applicants,” warns Jason Gelios , author of “Think Like a Realtor” and a real estate agent with Community Choice Realty in South East Michigan.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Lamacchia Realty

SEPTEMBER 22, 2023

when compared to August 2022, as would-be sellers are concerned about jumping into the market. 2023: 3,689 2022: 4,313 2021: 5,517 Pending Home Sales: The number of homes placed under contract is down by 17.8% when compared to July 2022. 2023: 3,452 2022: 4,202 2021: 4,828 Data provided by SmartMLS then compared to the prior year.

Real Estate 60

Real Estate Sellers Realty Home Value 60

Raleigh Realty

MARCH 31, 2021

A contingency clause doesn't necessarily mean all hope is lost for prospective buyers. In every market though, things happen where homes that are under the contract may not reach the closing table and the contingency clause usually protects the buyer and sometimes the seller in the event the parties decide to terminate.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Housing Wire

JANUARY 29, 2024

According to the National Association of Realtors® (NAR), 89% of buyers would recommend their real estate agent to others. You can then mention that at the end of working together, you’d be grateful if they could provide a helpful review you might share with other buyers or sellers who may be looking for an agent.

Real Estate 389

Real Estate Clients Real Estate Agent Agents 389

Lamacchia Realty

SEPTEMBER 22, 2023

when compared to August 2022, as would-be sellers are concerned about jumping into the market. 2023: 2,075 2022: 2,223 2021: 2,644 Pending Home Sales: The number of homes placed under contract is down by 16.6% when compared to August 2022. 2023: 1,916 2022: 2,296 2021: 2,596 Data provided by NEREN then compared to the prior year.

Real Estate 59

Real Estate Sellers Realty Home Value 59

Lamacchia Realty

SEPTEMBER 22, 2023

compared to August 2022, would-be sellers are concerned about jumping into the market. 2023: 6,344 2022: 7,078 2021: 8,891 Pending Home Sales: The number of homes placed under contract is down by 21.5% when compared to August 2022. 2023: 5,974 2022: 7,609 2021: 8,995 Price Reductions: The number of price reductions is down 26.5%

Real Estate 63

Real Estate Sellers Realty Home Value 63

Lamacchia Realty

JANUARY 25, 2024

Despite this decline, motivated buyers were out there trying to secure a home while also trying to navigate lower affordability and low inventory. The drop in nearly 4,000 closings wasn’t just because buyers weren’t buying; they would, but many couldn’t because sellers weren’t selling. Average prices for closed sales increased by 7.2%

Inventory 52

Inventory Sellers Buyers Contracts 52

Lamacchia Realty

JANUARY 25, 2024

reduction in sales, leaving prospective buyers eager to make a move. As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments. Average Prices Increase by 7.7%

Inventory 57

Inventory Sellers Buyers Real Estate 57

Lamacchia Realty

JANUARY 25, 2024

This created an extreme scarcity of inventory and contributed to elevated prices, but it also led to a 22% decrease in the number of sales, leaving buyers eager. This report analyzes sales, average prices, the number of active listings, and listings under contract for 2023 compared to 2022. Average Prices Increase by 7.1%

Inventory 52

Inventory Sellers Buyers Contracts 52

Lamacchia Realty

JANUARY 17, 2023

Pending Home Sales: The number of homes placed under contract is down by 26.4% If rates are increasing buyer affordability and they’re still not making offers, an adjustment is likely the next best step. Pending Home Sales: The number of homes placed under contract is down by 24.8% Buyer Resources. April 8, 2021.

Contracts 66

Contracts Sellers Buyers Realty 66

Lamacchia Realty

DECEMBER 18, 2023

To the everyday buyer and seller , they may not think there is much of a difference between the two. Members of NAR are granted access to tools and systems that will only benefit their buyers and sellers, Additionally, members are required to attend an extensive training session every 2-3 years on the organization’s strict Code of Ethics. “To

Realtors 68

Realtors Agents Real Estate Agent Real Estate 68

Raleigh Realty

MARCH 23, 2021

Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Lamacchia Realty

FEBRUARY 27, 2024

when compared to January 2023. 2024: 2,391 2023: 2,487 2022: 2,824 Pending Home Sales: The number of homes placed under contract is down by 8% when compared to January 2023. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes ! What’s Happening in the Market?

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

FEBRUARY 27, 2024

2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4% What does this mean for Buyers ? In Massachusetts inventory is up when compared to 2022, but not nearly enough to meet the buyer demand in the market. Buyers, make sure you don’t make these house hunting mistakes !

Sellers 62

Sellers Real Estate Buyers Inventory 62

Lamacchia Realty

JANUARY 30, 2024

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Maine Sales Decreased by 18.9%

Inventory 54

Inventory Sellers Buyers Contracts 54

Lamacchia Realty

JUNE 20, 2023

compared to May 2022, would-be sellers are concerned about jumping into the market. 2023: 8,287 2022: 10,143 2021: 9,913 Pending Home Sales: The number of homes placed under contract is down by 19.6% when compared to May 2022. 2023: 7,571 2022: 9,417 2021: 10,161 Price Reductions: The number of price reductions is down 32.6%

Sellers 65

Sellers Real Estate Realty Home Value 65

Lamacchia Realty

JUNE 20, 2023

when compared to May 2022, as would-be sellers are concerned about jumping into the market. 2023: 4,272 2022: 5,792 2021: 6,634 Pending Home Sales: The number of homes placed under contract is down by 19% when compared to May 2022. 2023: 3,452 2022: 4,263 2021: 5,090 Data provided by SmartMLS then compared to the prior year.

Real Estate 55

Real Estate Sellers Realty Home Value 55

Lamacchia Realty

FEBRUARY 27, 2024

2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3% As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet.

Sellers 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

JANUARY 30, 2024

The 2023 South Florida real estate market, like national trends, saw a decrease in sales, an increase in prices, and a decrease in the number of homes listed and placed under contract. The number of homes listed decreased by 10% The number of homes placed under contract decreased by 14.1% South Florida Sales Decline by 17.5%

HOA 49

HOA Inventory Buyers Contracts 49