Sacramento Appraisal Blog

MAY 2, 2023

Today I want to show what’s happening with new listings and talk about concessions. UPCOMING (PUBLIC) SPEAKING GIGS: 5/4/23 Housing Market […] The post Sellers sitting out of the housing market & buyers getting concessions first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

Sellers 249

Sellers Housing Market Buyers Marketing 249

Housing Wire

NOVEMBER 30, 2021

real estate?market a buyer’s market. ? . business as a real?estate?professional. Finding out that Chicago’s real estate market could still skyrocket a double-digit percentage?is Studying listing information for the current year and comparing with past years?—?list?prices,?new coming to the?end

Real Estate 439

Real Estate Agents Real Estate Agent Business 439

Housing Wire

MAY 3, 2024

To that I say, timing is everything in real estate. As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. In Denver in particular, new listings increased 29.12% month-over-month and 22.63% year-over-year.

Inventory 338

Inventory Lending Real Estate Housing Market 338

Housing Wire

FEBRUARY 22, 2024

As demand for homes continues to outpace new listings, CrossCountry Mortgage (CCM) is introducing a new cash-offer product, the company announced Thursday. The Cleveland -based retail mortgage lender unveiled CCM CashPlus to help buyers gain an edge in the bidding process by turning preapprovals into cash offers.

Mortgage 369

Mortgage Real Estate Agent Retail New Listings 369

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. The price of new listings is dropping. Home buyers got spooked when mortgage rates passed 5.5%. In April, May and June, when rates spiked dramatically from 3% to 6%, we saw inventory rise as buyers pulled back. in September to 6.5%

Real Estate 322

Real Estate Marketing Inventory Sellers 322

Housing Wire

JULY 28, 2023

New listings of starter homes dropped 23% from a year earlier in June, the biggest drop since the start of the pandemic, the report found. Austin buyers must earn $92,000, down 3.3% year over year, and Phoenix buyers must earn $86,100, down about 1%. In June, the typical starter home sold for a record $243,000, up 2.1%

Buyers 370

Buyers Housing Market Investors Real Estate 370

Housing Wire

MAY 28, 2021

“We are seeing a typical late-spring slowdown in new listings and pending sales, but prices don’t typically peak until late August, and their growth remains completely unhinged,” said Daryl Fairweather, Redfin’s chief economist. ” How real estate agents can alleviate consumer pain points in a tight market.

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

Housing Wire

JULY 16, 2021

“In June we entered a new phase of the housing market,” Fairweather said. “Home sales are starting to stall because prices have increased beyond what many buyers can afford. ” Fifty-six percent of homes sold above their list price — another record high, up from 27% a year ago. from a year ago.

Buyers 545

Buyers New Listings Housing Market Marketing 545

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

APRIL 24, 2024

While the real estate industry is forever in flux, one constant is that it’s a relationship business. One of the biggest challenges for agents is finding new clients and staying top-of-mind until they are ready to buy or sell. Market Snapshot reports on new listings, for-sale properties, price changes, and neighborhood trends.

Real Estate 374

Real Estate Clients Tools Contracts 374

Housing Wire

APRIL 19, 2024

High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% Buyers are looking for that again.

Luxury Properties 443

Luxury Properties New Listings Buyers Housing Market 443

Housing Wire

AUGUST 30, 2023

1 real estate portal. 2 — the second-largest real estate portal?” We’re the most trusted of all real estate portals, and we have more real estate journalism than any other site.” Here are some takeaways from the session: 1. Not embracing the underdog status. ” 3. .”

Real Estate 374

Real Estate Agents Buyers New Listings 374

Housing Wire

SEPTEMBER 22, 2023

Adding to buyers’ affordability pain, median home prices rose 3.4% 17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. New listings are down 6.7% For the four weeks ending Sept. compared to a year ago.

New Listings 449

New Listings Inventory Buyers Mortgage 449

Empire Appraisal Group

AUGUST 3, 2023

NEWS & MEDIA Bilanol/Getty Images Plus Source: [link] Study: Real Estate Hot in Hurricane Ian-Hit Areas By Kerry Smith Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that. FORT MYERS, Fla.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

FEBRUARY 14, 2024

Meanwhile, other homes are lingering on the market for months and driving up the typical age of listings on Zillow to 72 days. To lure more buyers, sellers are coming to terms with the market conditions and are agreeing to apply price cuts to their homes. Total inventory was up more than 3% from January 2023. year over year.

New Listings 397

New Listings Sellers Housing Market Buyers 397

Housing Wire

DECEMBER 3, 2020

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. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

OCTOBER 13, 2023

Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and real estate agents are shifting funds around through escrow accounts. They need new listings and they are so desperate that they might take a fraudulent listing.”

Real Estate Agent 425

Real Estate Agent Real Estate Agents Sellers 425

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. Real estate pros can make their best predictions, but no one knows what will happen with 100% accuracy. That’s where we come in.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

MARCH 6, 2024

This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings. This data, courtesy of Altos, shows that new listings retreat when rates rise and accelerate when rates fall: High rates are bad, too, for the sellers who decided to list their homes.

Mortgage 418

Mortgage Sellers New Listings Buyers 418

Housing Wire

JANUARY 10, 2024

Buyers make their decision on a home in two places: first, from the street, based on curb appeal, and second, in the foyer as soon as they enter the home. Add a welcoming doormat, some potted plants on the porch or a new doorknocker for example. Preview the competition the day before you launch your new listing.

Sellers 382

Sellers Inspection Agents Clients 382

Housing Wire

JULY 29, 2022

metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market. Table 1, below, reports the 10 hottest U.S.

Housing Market 407

Housing Market Sellers Marketing New Listings 407

Real Estate News

SEPTEMBER 12, 2023

A Zillow report found that new listings rose by 4% in August, an atypical late-summer boost that may offer buyers a few fresh options.

New Listings 256

New Listings Buyers 256

Housing Wire

APRIL 5, 2022

Home price appreciation in February climbed 20% over the previous year, marking the 12th month of consecutive double-digit gains , according to figures released Tuesday by real estate analytics firm CoreLogic. Upstate New York had the lowest appreciation rates in the country, with Ithaca posting a 5.2%

Sellers 458

Sellers Inventory New Listings Real Estate 458

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. But recently, we’ve started to see buyers get cold feet. million and 1.92 million to 5.61

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

Sacramento Appraisal Blog

FEBRUARY 7, 2023

There is so much talk about buyers sitting on the sidelines right now, but let’s talk about sellers who are also sitting. This is a local trend, but it’s something showing up in many markets across the country also.

Sellers 323

Sellers Housing Market Marketing Real Estate 323

Housing Wire

JANUARY 20, 2023

December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates,” Lawrence Yun, NAR’s chief economist, said in a statement. This year, buyers may be out in front of supply, and the market could be surprisingly competitive.” A total of 5.03 year-over-year increase in December to $366,900.

Inventory 367

Inventory Housing Market Realtors Buyers 367

Housing Wire

DECEMBER 21, 2022

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. Mortgage rates spiked in March, and then the new listing data started to decline at the end of June.

Inventory 523

Inventory New Listings Housing Market Sellers 523

Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. Historically, going back to 1982, the average inventory range is between 2 and 2.5

Inventory 488

Inventory Housing Market New Listings Buyers 488

Housing Wire

SEPTEMBER 13, 2022

But now this is a real risk. Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. in 2021 and as high as 6.25% in 2022. The parts of the U.S.

Mortgage 520

Mortgage Inventory New Listings Sellers 520

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. 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. Bluffton, South Carolina.

Housing Market 394

Housing Market Marketing Real Estate Agent Real Estate 394

McKissock

AUGUST 17, 2020

“Lead generation is half of the job of any real estate agent,” says national real estate coach Sherri Johnson. ” We sat down with Sherri to get her expert advice on how to find quality real estate leads, and how to convert those leads once you have them. 2: Call expired listings. . #3:

Real Estate 90

Real Estate Real Estate Agent Buyers Agents 90

Housing Wire

JUNE 21, 2023

Move-up buyers made up just 11% of sellers in May, while those looking for a smaller home accounted for 12% of all sellers. of sales were rental or investment properties or second homes , according to a survey of 1,063 listing agents. of buyers in the region paid above the seller’s original list price. a month ago.

Sellers 334

Sellers Investing Inventory Buyers 334

Housing Wire

APRIL 25, 2024

If you want to thrive this year, choosing the right real estate apps is crucial. To help, we reviewed hundreds of options to put together this list of the best real estate apps for 2024. Think of it as another concierge service to offer your buyers to help you stand out.

Real Estate 378

Real Estate Agents Open Houses Tools 378

Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. 5 Real Estate Stats To Keep An Eye On. 1) Active Listings – Active listings in both Jefferson and Shelby County have increased since February. Conclusion.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. Listen to the full episode for Spring 2023 trends in the Texas Real Estate Market.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Housing Wire

NOVEMBER 21, 2023

Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. The median existing- home price for all housing types in October was $391,800, down from $394,300 in September but up 3.4%

Inventory 402

Inventory Realtors New Listings Contracts 402

Housing Wire

OCTOBER 28, 2022

The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers.”. Yun noted that new listings are down compared to a year ago, as many existing homeowners do not want to give up the 3.0% or lower mortgage rate they locked in at.

Contracts 522

Contracts New Listings Realtors Housing Market 522