Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. First, more buyers are using agents in 2023 than in 2003.

Agents 398

Agents Brokerage Real Estate Clients 398

Housing Wire

NOVEMBER 3, 2020

Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. The app offers potential buyers tools to find, research and bid on homes via a competitive auction format. and Denver markets.

Real Estate 263

Real Estate Tools Technology Retail 263

Housing Wire

JULY 16, 2021

Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. “I just sold a $700,000 home to a cash buyer last week. Investors, who often pay in cash, are also wading back into the housing market.

Buyers 545

Buyers Real Estate Agent Real Estate Housing Market 545

Housing Wire

APRIL 14, 2023

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 431

Realtors Buyers Inventory Sellers 431

Housing Wire

JULY 28, 2023

Buyers searching for starter homes in today’s market are on a wild goose chase because in many parts of the country, there’s no such thing as a starter home anymore,” said Redfin Senior Economist Sheharyar Bokhari. Austin buyers must earn $92,000, down 3.3% year over year, and Phoenix buyers must earn $86,100, down about 1%.

Buyers 370

Buyers Housing Market Investors Real Estate 370

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. from the previous year ($375,300). All four U.S.

Inventory 491

Inventory Housing Market New Listings Buyers 491

Housing Wire

MAY 10, 2021

Chat with a few real estate agents based in Harrisburg, Pennsylvania — a city ninety minutes from Baltimore and two hours from Philadelphia — and a similar topic will undoubtedly emerge: the capital of the Keystone State has become one of the most popular places to move to in the entire country due to low home prices.

Buyers 236

Buyers Real Estate Agent Real Estate Inventory 236

Housing Wire

MAY 14, 2024

In the first quarter, we saw normal seasonality in purchase opened orders with sequential improvement coming off the fourth quarter,” Fidelity CEO Mike Nolan told investors and analysts during the firm’s Q1 2024 earnings call on Thursday. “In The number of purchase orders opened per day was up 5% on a yearly basis. “In

Insurance 439

Insurance Real Estate Sellers Housing Market 439

Housing Wire

DECEMBER 16, 2022

The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The housing affordability crisis has pushed potential buyers to the sidelines. A healthy historical market for first-time buyers should be closer to 40%.

Buyers 479

Buyers Realtors Inventory Sellers 479

Housing Wire

MARCH 18, 2022

Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month NAR Research : Unsold inventory sits at a 1.7-month However, negative year-over-year inventory is not what we want to see.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Many of his buyers are still waiting for rates to come down before seeking preapproval for a mortgage. economy remains hot.

Loan Officers 417

Loan Officers Mortgage Buyers Inventory 417

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. I wanted to close before May 1, so I selected a buyer who was already in underwriting. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. Congratulations!” And that was that!

Agents 409

Agents Real Estate Agent Brokerage Real Estate 409

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,”

Marketing 420

Marketing Inventory Renovations Investors 420

Housing Wire

JULY 6, 2023

Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. High rates combined with low inventory continue to price many potential homebuyers out of the market, added Khater. Economic resilience is taking investors aback. The 10-year Treasury yield was north of 4.0% ”

Mortgage 384

Mortgage Construction Inventory Investors 384

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Inventory skyrocketing back toward historical norms of 2 million to 2.5 Unsold inventory sits at a 2.6-month

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

NOVEMBER 1, 2023

In his remarks about the suit, Barton said Zillow is a strong supporter of free, fair and transparent access to real estate information, independent representation, and transparent and negotiable agent commissions. The real estate behemoth recorded $496 million in revenue, an increase of 3% year over year.

Real Estate 457

Real Estate Advertising Agents Realtors 457

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Factors that Affect How Long It Takes to Sell a House.

Real Estate Agent 406

Real Estate Agent Tenants Real Estate Agents 406

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers.

Loan Officers 395

Loan Officers Agents Retail Technology 395

Housing Wire

MARCH 29, 2023

And, following investors’ rush into bonds after the recent bank failures earlier this month, yields moved even lower last week — and mortgage rates followed. Arias said the spring season typically would have increased inventory levels that would indicate buyers and sellers are ready to come to the table. “We

Mortgage 409

Mortgage Real Estate Agent Buyers Loan Officers 409

Housing Wire

NOVEMBER 23, 2020

Buyers are showing up in force at the live foreclosure auctions, both in-person at the auction venues and now also virtually, thanks to the Remote Bid feature on the Auction.com mobile app,” Price said. Where available, this feature allows buyers to participate in real time at the auction from just about anywhere.”.

Buyers 531

Buyers Real Estate Investors Retail 531

Housing Wire

AUGUST 3, 2023

Investors assessed the state of the U.S. Despite higher rates and lower purchase demand, home prices have increased due to very low unsold inventory.” Construction spending advanced in June, a sign that companies and the government continue investing in real estate and infrastructure projects. The following day, the U.S.

Mortgage 358

Mortgage Inventory Government Buyers 358

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies.

Realtors 397

Realtors Housing Market Marketing Buyers 397

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun.

Inventory 527

Inventory New Listings Housing Market Sellers 527

Hank Miller Team

MARCH 21, 2022

The Atlanta real estate market explosion is due in large part to its broad appeal, size and vast selection of properties. The “Atlanta Real Estate market” is a misnomer; the area is akin to spilled glass of milk. Rising rates, rising rents, diminishing inventory and corporate investors are in the mix.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

Housing Wire

APRIL 20, 2023

Investors are weighing the softening consumer sector and inflationary pressures, along with the shifts in real estate markets, looking for more clarity on the outlook,” Ratiu said in a statement. Nevertheless, buyer demand shows signs of improvement with each gain in affordability. in the first week of April to 3.6%

Mortgage 406

Mortgage Buyers Housing Market Inventory 406

Housing Wire

MAY 2, 2024

Volatility in the Treasury market, which trades at a shifting spread below that of mortgage rates, also translates into uncertainty among housing market investors. Market observers say this normally leads to investor hesitancy and a tendency to keep more money parked on the sidelines. That was a problem for sellers of loans.

Marketing 417

Marketing Mortgage Investors Sellers 417

Housing Wire

APRIL 15, 2021

HousingWire’s fourth-annual Engage Marketing event will feature experts focused on the specifics of mortgage and real estate in a purchase market. The MBA is estimating record purchase volume for the rest of this year, but climbing mortgage rates and low inventory mean it won’t be easy to capture your share of business.

Marketing 314

Marketing Design Real Estate Inventory 314

Housing Wire

APRIL 6, 2023

Investors are preparing for Friday’s job report, anticipating signs of a slowing economy in light of February’s job openings and labor turnover report, which showed falling job openings,” Hannah Jones , Realtor.com ’s economic data analyst, said in a statement. Buyer demand tends to be sensitive to mortgage rate changes.

Mortgage 466

Mortgage Investors Buyers Inventory 466

Empire Appraisal Group

JUNE 2, 2022

Is FOMO Fueling the Real Estate Market? Source: Is FOMO Fueling the Real Estate Market? Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot. . Florida Realtors. By Amber Randall. FORT LAUDERDALE, Fla.

Real Estate 78

Real Estate Marketing Housing Market Investors 78

Listing Spark

JULY 5, 2023

Real estate investors who want to stay nimble in this market (especially as inventory stays low and prices stay meteorically high) need to adopt every tool at their disposal to stay informed and to quickly assess homes just entering the marketplace. But the importance of this practice cannot be overstated.

Real Estate 36

Real Estate Investors Tools Property Management 36

Housing Wire

JULY 20, 2022

But, there is one bright spot — inventory is rising. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. The one positive: Inventory is rising. Once total inventory levels reach 1.52-1.93

Inventory 512

Inventory Housing Market Marketing Realtors 512

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

Finance 368

Finance Marketing Renovations Investors 368

Housing Wire

APRIL 29, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Starter homes are virtually non-existent, and there are a lot of investors purchasing homes at the lower price points,” Davis said. Conway, Arkansas.

Housing Market 369

Housing Market Marketing Agents Real Estate 369

Housing Wire

MARCH 26, 2021

Portland, Maine, has emerged as a popular destination for current homeowners and prospective buyers looking to move out of metro areas into more spacious secondary cities. “It’s one of the hottest cities to move to in northern New England,” said Dava Davin, a principal broker at Portside Real Estate Group in Portland.

Housing Market 466

Housing Market Marketing Real Estate Inventory 466

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

APRIL 19, 2021

Real estate investors buy to flip a home for a profit or get rental income, but they’re not the majority of buyers in America each year. Last year and this year have been crazy for real estate. It is part of who you are. For the majority of mortgage holders, the loan is the cost of shelter. Already a member?

Housing Market 541

Housing Market Marketing Real Estate Investing 541