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. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% All four U.S.

Inventory 482

Inventory Housing Market New Listings Buyers 482

Housing Wire

AUGUST 27, 2020

in July, the third consecutive month of gains, fueled by low mortgage rates and unprecedented demand from consumers. year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We million, a 1.1%

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

FEBRUARY 23, 2024

Existing home sales showed a jump in sales, which was anticipated by most as we had positive, forward-looking housing data due to mortgage rates falling from 8.03% to 6.63%. This is nothing dramatic, but similar to what we saw in 2023 when mortgage rates rose from 5.99% up to 7.25%. From NAR : Total existing-home elevated 3.1%

Inventory 451

Inventory Mortgage New Listings Marketing 451

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. As mortgage rates rose more and more, the October to January data was going to show big negative prints.

Inventory 464

Inventory Marketing Housing Market New Listings 464

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. Existing home sales have more legs to go lower, especially now that new listing data is falling.

Inventory 448

Inventory Housing Market New Listings Mortgage 448

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MARCH 12, 2021

Trulia and the National Association of Realtors are also named in the suit. Zillow now has brokerage licenses in all 50 states , which has allowed it to transition from being a listing distribution partner to a member of NAR and local Realtor associations, giving the company access to Internet Data Exchange (IDX) feeds.

Real Estate 471

Real Estate Brokerage Realtors Real Estate Agent 471

Housing Wire

NOVEMBER 18, 2022

More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. “Many prospective buyers are still taking a ‘wait-and-see’ approach to see if rates fall further. .

Housing Market 407

Housing Market Marketing Inventory New Listings 407

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. The city’s housing dynamics point to strong buyer demand, which fueled a 16.8% year-over-year gain in listing prices during the week of Nov.

Housing Market 414

Housing Market Real Estate Agent Marketing Real Estate 414

Empire Appraisal Group

JUNE 22, 2023

Why Few Listings? 82% Have a Mortgage Rate Below 5% Source: [link] By Kerry Smith Homeowners don’t want to lose a mortgage rate that saves them hundreds of dollars a month. And of today’s owners with a mortgage, 1 in 4 enjoys a rate less than 3%. Rates for current homeowners with a mortgage Below 6% : 91.8%

Mortgage 78

Mortgage Sellers Buyers New Listings 78

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from the same time last year. .

New Listings 421

New Listings Realtors Real Estate Inventory 421

Housing Wire

MAY 20, 2022

According to the Hilton Head Area Association of Realtors , the median home sale price jumped 15.3% This rapid increase in prices, coupled with local housing inventory dropping over 50% in 2021, has meant times are tough for buyers looking to settle in Bluffton. Where are all these buyers coming from, you ask? California. “I

Housing Market 391

Housing Market Marketing Real Estate Agent Real Estate 391

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. Buyers are really struggling.” We couldn’t even see it.

Buyers 406

Buyers Marketing Inventory Investors 406

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% million existing homes were sold, according to the National Association of Realtors.

Mortgage 415

Mortgage Inventory Investors New Listings 415

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 But now buyers are sick of waiting around and are deciding it is time to buy.”

Housing Market 419

Housing Market Buyers Agents Marketing 419

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 382

Mortgage Real Estate Inventory Construction 382

Cornerstone

OCTOBER 5, 2021

As a recent Realtors Confidence Index published by the National Association of REALTORS® (NAR) shows, homes are still selling at a rapid pace — staying on the market for an average of only 17 days. This is excellent news if you’re a seller. Average days on the market reflect current levels of buyer demand.

Sellers 53

Sellers Loan Officers Inventory New Listings 53

Empire Appraisal Group

SEPTEMBER 8, 2022

Nowhere in Sight | Florida Realtors. The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. NEW YORK – The rock-hard foundation of the U.S. Or to discourage mortgage brokers from lending. “The

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

JANUARY 22, 2024

Indianapolis, which had 880,600 residents as of July 2022, offers a very strong and steady real estate market that attracts buyers looking for a more affordable lifestyle. The market in Indianapolis is very cyclical,” Carrie Holle, Realtor and principal of the Carrie Holle Group with Compass , told HousingWire.

Housing Market 416

Housing Market Marketing Logistics Real Estate 416

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. sellers and buyers) began to restore itself. Sales Down 18.8%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Housing Wire

SEPTEMBER 26, 2023

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable.

Inventory 483

Inventory Contracts New Listings Mortgage 483

Housing Wire

FEBRUARY 28, 2024

Who doesn’t want to learn mortgage secrets banks don’t want you to know? All created by Realtors, for Realtors. So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers. As a Realtor, you have endless opportunities for content creation.

Real Estate 430

Real Estate Marketing Tools Contracts 430

Cornerstone

FEBRUARY 15, 2022

When the pandemic first hit in early 2020, mortgage forbearance plans were announced, allowing homeowners in crisis to temporarily stop payments. Most homeowners whose forbearance plans are ending appear to have either paid up on their mortgage or have a plan in place from their lender that has enabled them to begin paying again.

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

Listing Spark

OCTOBER 13, 2022

What should buyers and sellers be doing right now? How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? Nationally active listings are up 26.9%.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

OCTOBER 20, 2023

According to a 2022 tech survey conducted by the National Association of Realtors ® (NAR), a growing number of real estate agents attest to social media’s positive impact on their business. Be sure to label on the photo or video that your post is a new listing, as people may miss the caption while scrolling.

Real Estate 377

Real Estate Agents Real Estate Agent Clients 377

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said.

Housing Market 421

Housing Market Marketing Inventory Construction 421

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. For now, low mortgage rates are increasing buyers’ purchase power across the country.

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% With such massive home-price growth in 2020 and 2021 breaking my affordability model, I knew we were at high risk of a more significant sales decline than usual if the 10-year yield broke over 1.94%, which meant 4% + mortgage rates. However, going from 2.5%

Housing Market 292

Housing Market Inventory New Listings Mortgage 292

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. Obviously, mortgage rates have been stubbornly over 7% for a couple of months. That’s a change in expectation of mortgage rates. Buyers early in 2023 had slightly lower rates than now and were optimistic that mortgage rates would go lower still.

Housing Market 431

Housing Market Marketing Inventory New Listings 431

Birmingham Appraisal

JUNE 1, 2022

If financing were not an issue, and the buyer couldn’t care less about how their contract price compared to other similar properties, it would just be a matter of connecting the buyer with the seller and signing on the dotted line, but life isn’t always so easy. Don’t Get Stuck In The Past.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. This elevated level of competition may be starting to wear on buyers’ confidence and could be holding back sales volumes. This elevated level of competition may be starting to wear on buyers’ confidence and could be holding back sales volumes. from March to 5.85

Inventory 414

Inventory Buyers New Listings Marketing 414

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. million homes, according to the National Association of Realtors. Conventional mortgage loans composed 74.4%

Housing Market 493

Housing Market Marketing Inventory Construction 493

Housing Wire

APRIL 25, 2024

Think of it as another concierge service to offer your buyers to help you stand out. The Houzz app is an excellent tool to add to your suite of buyer services, helping you stand apart as a professional home consultant–not just an agent.

Real Estate 375

Real Estate Agents Open Houses Tools 375

Empire Appraisal Group

AUGUST 25, 2022

Rising mortgage rates means lower expectations for sellers. Source: Rising mortgage rates means lower expectations for sellers – Orange County Register (ocregister.com). Be prepared for buyers to ask to close escrow in three weeks and for you to vacate the day escrow closes. Navigating a shift in any market is difficult.

Sellers 78

Sellers Mortgage Agents Clients 78

Housing Wire

JANUARY 19, 2024

We don’t have any data that shows sales are crashing from this low level: this is key when looking at the future because it does give us a place to grow sales as long as mortgage rates fall. This sounds odd to people because mortgage rates went all the way to 8% , and price growth was picking up. Sales faded 6.2%

Housing Market 439

Housing Market Inventory Contracts Marketing 439

Housing Wire

JULY 20, 2023

The existing home sales market has stabilized from its waterfall drop in demand but is having difficulty growing sales with 7% mortgage rates. Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data.

Marketing 356

Marketing Housing Market Inventory New Listings 356

Housing Wire

SEPTEMBER 8, 2023

If you’re in the real estate industry, you certainly know that the average time from mortgage application to closing has been hovering around 50 days. It’s not a point of pride or badge of honor for any mortgage, title, real estate or valuation firm. How do your new orders come in?

Real Estate Agent 348

Real Estate Agent Real Estate Project Management Agents 348