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? How you conduct yourself and how you present to each buyer prospect should not vary by situation. Top 10 ways to get homebuyers to work with you 1.

Clients 410

Clients Real Estate Inspection Buyers 410

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. When a house comes on the market, buyers flock to it.

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Housing Wire

APRIL 2, 2024

Through NAF Cash, the lender purchases the buyer’s chosen home upfront with cash while the buyer can rent the new home while working on selling the old home or securing financing on the new one. There are a lot more as-is offers being made out there than I would ever see before.

Loan Officers 377

Loan Officers Retail Finance Buyers 377

Housing Wire

JUNE 22, 2021

Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Redfin also reported this month that seven in 10 buyers — 70.4% — faced bidding wars in May. Lack of inventory. We don’t have any inventory. If you’re an FHA or VA buyer, you don’t stand a chance.

Housing Market 427

Housing Market Real Estate Agent Marketing Inventory 427

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. HW: What are the risk management challenges for REO assets?

Business 372

Business Marketing Real Estate Legal 372

Housing Wire

MARCH 18, 2021

The progression of homebuying over the past year has seen prospective buyers adjusting their preferred destination plans again, and again, and again. For a time, Colorado Springs became the de facto destination for buyers priced out of living in Denver. Housing professionals need to find ways to better meet buyer needs.

Housing Market 542

Housing Market Marketing Real Estate Agent Buyers 542

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. It never will be. I’ll explain later.)

Agents 400

Agents Buyers Sellers Inventory 400

Housing Wire

SEPTEMBER 30, 2021

Aubuchon says buyers are making too many concessions. Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” Besides a high-demand, low-inventory market, Aubuchon must contend with a new competitor on the block.

Housing Market 357

Housing Market Marketing Real Estate Agent Realty 357

Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies. All cash buyers now stand at 24%.

Realtors 390

Realtors Housing Market Marketing Buyers 390

Valuation Review

OCTOBER 18, 2021

A new Zillow research finds most home buyers still tour homes in person and don't waive inspection contingencies. The housing market is historically hot with record home price appreciation and limited inventory, but the typical buyer submitted only two offers in 2021, and only about 1 in 10 waived an inspection.

Housing Market 78

Housing Market Buyers Inspection Marketing 78

Housing Wire

JANUARY 14, 2022

Still, there’s a sustained, nationwide surge in housing demand, plus a crippling lack of inventory – and Rochester is hardly impervious to either of these historic trends. Cignarale noted signs of cooling off, including some properties appraising for lower than expected and once desperate buyers no longer waiving home inspections.

Agents 407

Agents Inventory Buyers Marketing 407

Realtor

JULY 13, 2021

Getty Images Buyers, we know it’s hard out there for you right now. In our current seller’s market, the national inventory of active listings is down 43.1% All of this demand means buyers are going to ever-greater lengths to make their offer stand out. Home inspection. Mold remediation.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

OCTOBER 6, 2020

With ever-waning levels of inventory, surging homebuyer demand and bidding wars on the rise, it’s clear that sellers have the upper hand this season. A lot of buyers are shopping virtually these days, so any renovations that can make your home look better in photos is a good thing. Are you considering putting your home on the market?

Renovations 471

Renovations Inspection Buyers Inventory 471

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. Nationwide, inventory is at all-time lows.

Sellers 283

Sellers Clients Inventory Agents 283

Housing Wire

JUNE 24, 2021

Similar to iBuying firm Opendoor , startup Ribbon and a host of other new companies, Accept.inc provides cash to buyers so they can submit a competitive offer, or buy a new property prior to selling their existing home. The home is then sold back to the buyer at the same price that it was purchased for.

Sellers 347

Sellers Buyers Investors Inspection 347

Housing Wire

MAY 22, 2024

From waiving inspections and financing contingencies, to free leasebacks and uncapped escalation clauses, real estate agents say that buyers in Rhode Island are willing to do almost anything to get into a house right now. “It For buyers, the tight inventory has meant frequent compromises to their search parameters.

Buyers 290

Buyers Inventory Marketing Real Estate 290

Housing Wire

APRIL 22, 2024

There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Many of us are in sellers’ markets with very low inventory. If you don’t have active buyers, ask around the office.

Real Estate 369

Real Estate Open Houses Brokerage Real Estate Agent 369

Hank Miller Team

FEBRUARY 27, 2022

Coming off the frenzied Atlanta 2021 real estate market, it's hard to imagine things could get tougher for home buyers, but they are. Home buyers are rushing to buy ahead of additional rate and/or rent increases, some will be trapped on the hamster wheel of renting. How do home buyers get their offer selected? Is that smart?

Buyers 52

Buyers Inspection Contracts Sellers 52

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market.

Buyers 68

Buyers Inspection Sellers Real Estate 68

Listing Spark

AUGUST 25, 2022

Home inspections are a critical part of real estate. They impact both buyers and sellers and are key in negotiations and identifying any problem areas in homes. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Episode overview. Episode highlights. Key takeaways.

Inspection 36

Inspection Real Estate Construction Sellers 36

Housing Wire

APRIL 25, 2024

Buyers are really struggling.” Although there is no doubt among local real estate professionals that demand is high in the Cincinnati housing market, agents say the area’s low inventory situation is only adding to the challenge facing consumers. We are going to see an increase in inventory. So, they are just hunkering down.”

Buyers 405

Buyers Marketing Inventory Investors 405

Hank Miller Team

NOVEMBER 4, 2022

Seems that just over 70 of recent homebuyers have buyer’s remorse. In Feb '21 we noted that 44 of homebuyers had buyer's remorse, these new stats are bonkers. This number is a bit of a surprise and the reasons have to do with price but also with just about every other aspect of the buyer's transactions. Most of them.

Buyers 40

Buyers Real Estate Agent Agents Real Estate 40

Housing Wire

OCTOBER 1, 2020

In ultra-competitive markets, where inventory is low and homes can sell in 48 hours, the “verified” approval could be the key to victory, said Jay Farner, the CEO of Rocket Companies. The partnership allows the consumer to have a more integrated home-buying experience, according to Rocket.

Advertising 424

Advertising Real Estate Agent Mortgage Real Estate 424

Housing Wire

MAY 14, 2024

“Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. Nationwide, the share of buyers who are first-time buyers has risen in recent months.

Buyers 391

Buyers Inventory Landlords Real Estate 391

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. There are multiple types of buyer representation with differences in what they entail. Inquire about your options and decide which type of buyer representation is best for you.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Housing Wire

MARCH 21, 2022

“There is so much demand for housing and so little inventory available that I expect most of the properties to be sold, rather than abandoned.” Pressure to accelerate the process comes from the fact that a property in foreclosure tends to make buyers reduce their offers.

Law 353

Law Inspection Insurance Government 353

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We being outbound. “We

Inventory 319

Inventory Housing Market Marketing Real Estate 319

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. WAIVING HOME INSPECTIONS. Did they regret their decision?

Buyers 243

Buyers Property Taxes Inspection Market Value 243

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At We are still going to suffer from lack of inventory.”

Housing Market 419

Housing Market Buyers Agents Marketing 419

Genworth MI Blog

JULY 13, 2023

The current housing market has been met with low housing inventory, yet demand is still relatively high. There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. That’s where you, the lenders, can step in and help.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. They work extra hard for the buyers they have an Exclusive Buyer Broker Agreement with.

Buyers 36

Buyers Brokerage Contracts Home Value 36

D Fritz Appraisals

JUNE 28, 2022

The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Significantly reduced housing inventory. In the Victoria, BC housing market, low inventory has continued to result in record low sales numbers.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. Buyers Typically Avoid FSBO Properties : Buyers will often avoid putting an offer on FSBO homes altogether.

Realtors 70

Realtors Real Estate Agent Sellers Realty 70

Lamacchia Realty

FEBRUARY 22, 2023

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. Consider Waiving Inspection. Shorten Contingency Time Frames.

Sellers 71

Sellers Buyers Inspection Bracketing 71

Eppraisal

SEPTEMBER 30, 2021

The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Buyers are writing offers considerably above list price and they are writing other terms in their offers that are attractive to sellers. Sometimes sellers think that "as is" means that the buyers are waiving the inspections.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Cleveland Appraisal Blog

JANUARY 7, 2021

The buyer would probably say they were not interested in buying a second car. Of course, if the salesman said that the second car, could be purchased for half-price, the buyer might be interested because they could resell the second car and make a profit. Once we have more of something than we need, the value becomes less. www.anchor.fm/cash-appraiserstats.com.

Appraisal 344

Appraisal Legal Inspection Real Estate 344