Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. This data shows early signs of a slowdown in the retail housing market in June that was anticipated by real estate investors buying properties at foreclosure auction in March.

Housing Market 389

Housing Market Buyers Marketing Retail 389

Housing Wire

JULY 27, 2021

Foreign buyers purchased $54.4 existing homes from April 2020 through March 2021, a 27% decrease from the previous 12-month period, according to a new report from the National Association of Realtors. Out-of-country buyers purchased only 107,000 properties in that 12-month span — down 31% from the prior period. purchased $32.4

Buyers 382

Buyers Realtors Real Estate Investing 382

Housing Wire

APRIL 25, 2024

in March compared to February despite rising mortgage rates , according to data released Thursday by the National Association of Realtors (NAR). The number of buyers who are bringing all cash to the transactions has been on the rise. Luxury buyers have also been resilient, Sturtevant added. Pending home sales increased by 3.4%

Inventory 387

Inventory Buyers Realtors Investors 387

Housing Wire

FEBRUARY 1, 2023

While mortgage rates have been trending lower, rates are still higher than 12 months ago, but some experts anticipate that the downward pressure on rates will provide opportunities for buyers. Investors are betting that the economic slowdown and the Fed’s eventual victory over inflation will result in lower rates over time,” Fratantoni said.

Buyers 363

Buyers Mortgage Landlords Law 363

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 411

Realtors Buyers Inventory Sellers 411

Housing Wire

MARCH 31, 2021

The Bay City Realtor Association reported that 222 homes have already been sold in 2021 – a 7.9% “People come here and they see our prices, and their eyes become saucers,” said Barb Appold, a realtor for Berkshire Hathaway Home Services MI Real Estate. Other agents mentioned that investors are swarming, as well.

Buyers 393

Buyers Investors Realtors Agents 393

Housing Wire

JANUARY 29, 2024

million existing homes were sold, according to the National Association of Realtors. High borrowing costs simultaneously pushed rate-sensitive buyers to the sidelines while handcuffing current homeowners to their historically low mortgage rates. of investors have priced in a cut of at least a quarter point in March.

Mortgage 415

Mortgage Inventory Investors New Listings 415

Housing Wire

DECEMBER 16, 2022

In the first few months of 2022, primary-residence buyers and second-home buyers (investors and vacation buyers) flocked to the market at a frenzied pace under the correct assumption that mortgage rates would rise. The housing affordability crisis has pushed potential buyers to the sidelines.

Buyers 466

Buyers Realtors Inventory Sellers 466

Housing Wire

MAY 24, 2024

Prior to CoStar’s acquisition, Homes.com sold buyer leads to agents but ceased this practice after the deal. In its first-quarter 2024 investor presentation, CoStar Group announced that Homes.com had surpassed 110 million monthly unique visitors, based on data from Google Analytics. We wish him the best of luck in his future endeavors.“

Real Estate 322

Real Estate Agents Realtors Investors 322

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new.

Agents 343

Agents Brokerage Real Estate Clients 343

Appraisal Buzz

MARCH 21, 2024

compared with February 2023, according to the National Association of Realtors (NAR). Individual investors or second-home buyers, who make up many cash sales, purchased 21% of homes in February, up from 17% in January and 18% in February 2023. Existing-home sales were at a seasonally adjusted annual rate of 4.38

Inventory 394

Inventory Realtors Investors Buyers 394

Housing Wire

APRIL 17, 2024

Mortgage rates hold major power in the housing industry; most importantly, high rates exacerbate the current affordability crisis by walloping the buying power of would-be buyers and discouraging some would-be sellers – those with low, fixed-rate mortgages – from listing their homes, a drain on available inventories.

Mortgage 454

Mortgage Brokerage Real Estate Tenants 454

Housing Wire

MAY 10, 2021

Low home prices, large lots, and an up-and-coming downtown area, said Toni Reinhart, a realtor for Iron Valley Real Estate in Harrisburg. Harrisburg was really stagnant for a long time, but a bunch of investors have focused on upgrading the city.” What, then, is driving people to this central Pennsylvania city?

Buyers 220

Buyers Real Estate Agent Real Estate Inventory 220

Housing Wire

JANUARY 8, 2024

To the buyer of an $800,000 home putting down 20%, the mortgage savings would be roughly $500. If buyers try to time their home purchase to the return of record-low rates and the historically low rates don’t return, their wait could prove costly. The 10-year Treasury closed 2023 below 4% (3.87%) from more than 5% just a month earlier.

Lending 337

Lending Development Investors Finance 337

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Carlson cited RealTrends Verified data to illustrate how productive RE/MAX agents are.

Agents 333

Agents Real Estate Training Buyers 333

Appraisal Buzz

APRIL 30, 2024

With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

NOVEMBER 7, 2023

Compass agents are more likely to work in upper-echelon markets where buyers and sellers would work with agents, he said. Compass also requires their agents to ensure buy-side clients sign buyer-broker agreements. Revenue decreased by 10% year over year to $1.34 Reffkin cited the Seattle market as reason for optimism.

Agents 338

Agents Real Estate Agent Realtors Brokerage 338

Housing Wire

JULY 15, 2022

He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive. As a novice real estate investor at the time, the market downturn completely wiped me out.

Real Estate 359

Real Estate Realtors Brokerage Business 359

The Robert Weiler Company

DECEMBER 9, 2022

When you think of the terms commercial real estate agent, broker, or realtor, do you use them interchangeably? It’s no wonder commercial real estate vs broker vs realtor remains indistinguishable! So, stay tuned to receive the actual definitions for a commercial real estate agent, broker, and realtor.

Real Estate Agent 78

Real Estate Agent Realtors Real Estate Agents 78

Housing Wire

OCTOBER 26, 2023

The housing market remains resilient However, recent home sales readings stressed the resiliency of the housing market as buyers kept shopping despite the challenging environment. The National Association of Realtors (NAR) also forecasts that existing-home sales will drop by 17.5% in 2023, reaching an annualized rate of 4.15

Mortgage 416

Mortgage Inventory Housing Market Realtors 416

Housing Wire

JANUARY 27, 2023

Mortgage analysts are in charge of pre-approving buyers, contract desk employees take in incoming contracts and send it to the underwriting team, and closing specialists process the loans and take over all communication with escrow, real estate agents and buyers to close loans. “In I thought it was sparse.

Lending 367

Lending Real Estate Agent Loan Officers Retail 367

Housing Wire

MAY 7, 2024

“I am extremely pleased with our results this quarter and am looking forward to navigating the changes ahead from a position of strength,” Real CEO Tamir Poleg told investors and analysts during the firm’s Q1 2024 earnings call Tuesday morning. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

Agents 422

Agents Brokerage Training Business 422

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 However, a seller is also a natural homebuyer, unless they’re an investor. As you can see from this NAR report, cash buyers as a percent of sales is slightly lower now than levels in 2016. million and 6.16

Housing Market 541

Housing Market Marketing Inventory Sellers 541

Housing Wire

JANUARY 27, 2021

If passed, the funds — which would help cover a down payment — could be accessed immediately by the buyer at the closing table. “The real estate market is so hot that hurting investors now may not have a big effect, but long term it could cause major issues,” DiBugnara said.

Real Estate 541

Real Estate Brokerage Buyers Investors 541

Housing Wire

APRIL 3, 2024

Many in the industry believe the National Association of Realtors ‘ proposed $418 million settlement of the commission lawsuits will help CoStar to reach its goal. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

Real Estate 365

Real Estate Agents Buyers Business 365

Housing Wire

AUGUST 22, 2023

“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. That’s reflected in today’s existing home sales report by the National Association of Realtors (NAR), where they fell again. When rates fall, demand picks up again.

Sellers 357

Sellers Marketing Inventory Housing Market 357

Lamacchia Realty

OCTOBER 11, 2023

has released its “Top Producing REALTORS®,” for September 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Most recently, Amy was named in the Boston Agent Magazine’s 2023 Who’s Who list !

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

JANUARY 23, 2024

Mauricio Umansky, founder of The Agency and star of Buying Beverly Hills, and Compass agent and NAR Accountability Project founder Jason Haber are making good on a promise to explore a real estate professional trade organization alternative to the National Association of Realtors. So far, sites in Florida and Texas are under consideration.

Real Estate 430

Real Estate Agents Realtors Brokerage 430

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 371

Loan Officers Agents Retail Technology 371

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 367

Buyers Investors Mortgage Valuation 367

Housing Wire

NOVEMBER 2, 2023

Redfin executives were happy to discuss commission lawsuits during their firm’s third-quarter 2023 earnings call with investors and analysts Thursday evening, just not the one their firm was recently named as a defendant in. If buyers’ agents become less common, Redfin will prosper in that world too,” Kelman said. “We

Agents 395

Agents Technology Housing Market Training 395

Listing Spark

SEPTEMBER 27, 2023

The real estate industry is no exception, and realtors who specialize in (or at least serve) property investment clients are seeing the beginnings of a complete technological transformation through AI and increasingly smart tools , such as property investment software. Realtors provide insights for pricing strategies.

Realtors 36

Realtors Investing Real Estate Clients 36

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) They’re a little known resource for many Realtors. You can even search for investors, first time buyers, first responders, etc. VA loans are not well understood by many Realtors. Be the one who’s in the know!

Real Estate 392

Real Estate Government Law Buyers 392

Eppraisal

NOVEMBER 18, 2022

Not many people know that all real estate agents can not call themselves Realtors® In order for real estate agents to call themselves Realtors® they must belong to the National Association of Realtors® (NAR), their state Realtor® associations and their local Realtor® associations.

Real Estate Agent 69

Real Estate Agent Design Realtors Real Estate 69

Lamacchia Realty

DECEMBER 6, 2022

has released their “Top Producing REALTORS®,” for November 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lisa can often be found amongst the top producing REALTORS® for the Beverly office as well as company-wide.

Realtors 68

Realtors Realty Real Estate Clients 68

Empire Appraisal Group

DECEMBER 16, 2021

How Many Homes Go to Investors? In Jacksonville, more than 1 in 4 homebuyers (28.1%) are investors. homebuyers in the third quarter were investors rather than homesteaders, according to an analysis by Redfin economists. That percentage of investor buyers is an increase from 16.1% of homes sold to investors.

Investors 78

Investors Housing Market Real Estate Buyers 78

Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 Then when you add move-up, move-down, cash, and investor buyers together, we should be able to always have total home sales — both new and existing — at 6.2 This number is above my trend sales peak of 6.2

Inventory 510

Inventory Housing Market Buyers Investors 510