Housing Wire

DECEMBER 3, 2020

Even prior to the pandemic , housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

APRIL 7, 2021

Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic. Presented by: Propertybase. The post Home sellers are feeling good about 2021 appeared first on HousingWire.

Sellers 506

Sellers Real Estate Agent Real Estate Loan Officers 506

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

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

Real Estate 433

Real Estate Agents Marketing Sellers 433

Housing Wire

DECEMBER 2, 2023

Purchase application data Hello, early Christmas present! Weekly housing inventory data It’s December, which means the seasonal decline in housing inventory is well underway, which means in 2023, I have batted a whopping zero on how much I predicted weekly inventory would grow with higher mortgage rates.

Mortgage 542

Mortgage Inventory New Listings Sellers 542

Housing Wire

SEPTEMBER 30, 2022

Presented by: FormFree. There is more inventory relative to demand, and deals can be found. It’s transitioning to a buyers’ market, as 20% of sellers had a price reduction in August 2022, compared with 11% a year ago,” said Rich Weidel, CEO at Princeton Mortgage. Not yet anyway. James Kleimann contributed to this report.

Buyers 450

Buyers Mortgage Loan Officers Retail 450

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.

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Clients Real Estate Inspection Buyers 424

Housing Wire

OCTOBER 26, 2023

He testified that, in most cases, homebuyers would be unable to include buyer agent commission costs into their financing. “My concern is buyers who are cash-constrained,” Stevens said. ” But buyers are not the only ones who benefit from the current system, according to Stevens. .”

Buyers 414

Buyers Sellers Agents Law 414

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 414

Marketing Inventory Renovations Investors 414

Eppraisal

AUGUST 25, 2023

In the ever-fluctuating world of real estate, buyers often face a multitude of challenges. However, two significant hurdles that are currently prevalent are the combination of low housing inventory and high-interest rates. Be Ready to Act Quickly Low inventory means that desirable properties won't stay on the market for long.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. There are also advantages to working with buyers in a less competitive marketplace. LOs do something new In an environment where every deal counts, some go niche.

Loan Officers 393

Loan Officers Mortgage Inventory Clients 393

Housing Wire

JANUARY 26, 2021

Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., “With buyer demand continuing to outpace the previous year’s levels amid historically lowest inventory of for-sale homes, the pressure on home prices is going to fuel home price growth in the first half of 2021,” Happ said.

Inventory 544

Inventory Housing Market Buyers Sellers 544

Housing Wire

NOVEMBER 12, 2020

According to the National Association of Realtors 2020 Profile of Home Buyers and Sellers, 47% of potential homebuyers said student loan debt was the biggest obstacle in saving for a downpayment. Over the course of this year, home prices have continued to tick upward due to low inventory and high demand. Presented by: FormFree.

Buyers 450

Buyers Realtors Sellers Inventory 450

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Employing targeted marketing strategies is equally vital to optimize exposure to potential buyers, minimize days on the market, and maximize the final sales price.

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Business Marketing Real Estate Legal 404

Housing Wire

JUNE 10, 2022

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?

Sellers 382

Sellers Inventory Housing Market Buyers 382

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 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.

Sellers 64

Sellers Realtors Buyers Inventory 64

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.

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Agents Realtors Clients Real Estate Agent 423

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.

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Inspection Real Estate Agent Real Estate Insurance 404

Housing Wire

JUNE 28, 2022

The housing market can’t replicate the type of massive credit expansion we saw from 2002-2005, so the price-growth story has more to do with inventory collapsing to all-time lows. million total housing inventory data as that is the level of inventory that would change my thesis that this is a savagely unhealthy market.

Housing Market 450

Housing Market Marketing Inventory Investors 450

Housing Wire

JULY 13, 2023

However, increases in housing costs, which account for a large share of inflation, remain stubbornly high, mainly due to low inventory relative to demand.” For buyers out there, being able to find a home to buy and crafting a successful offer that will beat other buyers remains the main challenge, not high mortgage rates, she said.

Mortgage 370

Mortgage New Listings Buyers Inventory 370

McKissock

MAY 4, 2021

Just about every market across the United States saw a huge influx of first-time homebuyers and sellers as a result of record-low mortgage rates and the desire for more space. Streamline the offer process so that your buyers are poised to move quickly when they find a home they are interested in. Become a CE Plus Member today !

Sellers 95

Sellers Marketing Buyers Real Estate 95

Housing Wire

JUNE 4, 2021

The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.” . Presented by: Rocket Pro TPO. The jumbo market for brokers is back in a huge way.

Marketing 488

Marketing Sellers Finance Loan Officers 488

Housing Wire

NOVEMBER 6, 2020

Inventory is too low, people need to decide to sell their houses,” Buchbinder told HousingWire. There are] a lot more buyers than there are sellers right now, causing an increase in purchase prices,” Buchbinder said. “A Presented by: TMS. But the amount of buyers still definitely outweigh the listings that are out there.

Housing Market 406

Housing Market Marketing Inventory Buyers 406

Housing Wire

NOVEMBER 2, 2022

Still, Powell presented a different tone in his press conference, indicating that thoughts of a potential pause would be premature. “ A housing recession is here “ For home shoppers and sellers, mortgage rates have been quick to adjust higher in response to expected Fed moves, said Danielle Hale, chief economist at Realtor.com. “In

Mortgage 404

Mortgage Sellers Contracts Buyers 404

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. “The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.” Presented by: Propertybase. and Austin.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

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

MAY 17, 2022

Buy with Orchard is the firm’s first product targeted to first-time buyers that provides home shoppers with the cash needed to compete with equity-rich homeowners and investors, the company said. “It has never been more difficult for first-time buyers to purchase a home,” said Court Cunningham, chief executive officer of Orchard.

Buyers 370

Buyers Investors Mortgage Valuation 370

Housing Wire

AUGUST 18, 2023

Not prequalifying is unprofessional and can waste your time and the sellers. Don’t lose the listing of a motivated, have-to-sell seller over price. Try saying the following when the seller requests a list price that is too high: “That’s interesting, ‘seller.’ How would it compare in the eyes of the buyer?

Sellers 370

Sellers Construction Real Estate Finance 370

Housing Wire

JUNE 19, 2023

According to the latest data from Altos Research , the real estate market is experiencing unusual patterns in pricing, inventory and demand. The data shows that home prices have held steady even in an environment with higher mortgage rates , in large part because inventory continues to be at near record low levels.

Real Estate 368

Real Estate Business Clients Client Relationships 368

Housing Wire

MAY 2, 2024

That was a problem for sellers of loans. … So, basically, if I’m trading [as a seller] a 7% loan right now, I may get a premium — like a solid 102 [over par] or whatever. Whole loan sector “When we came into the year, we thought we were in for as many as five or six rate cuts. Everyone can still make it work.

Marketing 424

Marketing Mortgage Investors Sellers 424

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. Closings -44.6

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Housing Wire

JANUARY 30, 2024

“[Since Covid], the IMB [independent mortgage bank] group has retained a lot of MSRs that they had not retained historically as a group,” said Nick Smith, founder, managing partner and CEO of private-equity firm Rice Park Capital Management (RPCM), an active MSR buyer. Cooper and Lakeview Loan Servicing. Those two [Mr.

Marketing 404

Marketing Mortgage Sellers Buyers 404

Housing Wire

MAY 4, 2023

He also acknowledged that low inventory and poor housing affordability still present challenges. With SELL+, sellers listing their home for sale with a Rocket Homes Verified Partner Agent will receive a rebate check for 1% of the sale price from Rocket Homes after closing. decline from $19 billion in Q4 2022.

Real Estate Agent 393

Real Estate Agent Clients Mortgage Inventory 393

Hank Miller Team

OCTOBER 19, 2022

Some home sellers take things personal and can be reluctant to acknowledge the changing market; none of that applies to their home. Data clearly shows their home is aspirationally priced, buyers confirm it, and it sits idle. When challenged the agent and/or buyer drop the classic line."the a gallon.

Sellers 40

Sellers Agents Buyers Inventory 40

Hank Miller Team

MARCH 21, 2022

It’s hard to find a housing market not presently on fire, Atlanta is no different. Each area is its own micro market but all contribute to the overall "Atlanta housing market" The current market (March ’22) remains historically tight; home buyers are experiencing competition like never before.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

Housing Wire

AUGUST 28, 2020

So the products I’ve put into this category are really focused on either helping agents win listings or helping them convert lookers into buyers. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. Seller tools / Buyer conversion tools. Listing tools.

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Tools Sellers Real Estate Contracts 308