Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. Home prices will be influenced by how much inventory is brought to market.

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Construction Inventory Realtors Housing Market 370

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. year over year.

Inventory 432

Inventory Realtors Contracts Construction 432

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? 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. Housing Market Collapse?

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. Six months ago, if someone would’ve given a contingent offer, they would’ve gotten laughed at,” Davidson said.

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Mortgage Sellers Contracts Buyers 410

Housing Wire

FEBRUARY 18, 2022

annually to $350,000, according to the Friday report from the National Association of Realtors. months of supply; a healthy market generally has between four and six months of supply. Homes went under contract in just 19 days on average, down from 21 a year ago. January sales fell 2.3% from a year ago. That translates to just 1.6

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

DECEMBER 29, 2021

Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. What builders don’t need is a realtor to list their homes in a traditional way. And, usually, realtors go through ShowingTime and schedule the appointment.

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Realtors Real Estate Agent Agents Real Estate 397

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. Generally, they go under contract in a day or two.”

Housing Market 432

Housing Market Marketing Realtors Inventory 432

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Top Ranked Realtors: Paige Martin & The Houston Properties Team. I May Need To Sell.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

APRIL 28, 2022

For the fifth consecutive month, pending home sales declined in March from February, down 1.2%, signaling a potential return to “much calmer” conditions, according to the National Association of Realtors. The post A more “normalized” housing market is on the horizon: NAR appeared first on HousingWire.

Housing Market 332

Housing Market Marketing Contracts Mortgage 332

Empire Appraisal Group

JANUARY 11, 2023

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, economists predicted Tuesday during the National Association of REALTORS®’ annual Real Estate Forecast Summit. NAHB: Sharp Contraction in Construction.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Will Springer Realtor

APRIL 14, 2023

APRIL HOUSING UPDATE The signs are generally pointing in the right direction for our local (and national) residential real estate scene, but it is taking more time than usual to turn a cruise-ship-sized sector around without leaving damage in its wake.

Contracts 36

Contracts Buyers Housing Market Design 36

Eppraisal

OCTOBER 20, 2023

Supply chain disruptions as experienced in recent times can lead to shortages in construction materials. Construction Project Delays Construction project delays can cost homeowners both time and money. Detailed documentation of all project-related communications such as contracts and meeting notes is essential.

Renovations 36

Renovations Supply Chain Inspection Modernization 36

Housing Wire

MARCH 6, 2024

Following are excerpts of statements on housing conditions from the Federal Reserve districts, drawn from the newly released Beige Book. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased. Most expect their pipeline of contracts to keep construction busy through the year.

Mortgage 421

Mortgage Real Estate Inventory Construction 421

Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Housing Wire

JULY 28, 2021

“Sales continued to trend lower in June as some builders slow sales contracts to manage supply-chains, amidst longer delivery times and higher construction costs,” said NAHB Chairman Chuck Fowke. While lumber prices have shown some improvement in spot markets, these declines take time to translate into lower construction costs.

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Supply Chain Training Construction Development 397

Housing Wire

JANUARY 19, 2024

Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is why the Altos Research numbers we cite are always smaller than the NAR numbers, which accounts for all home types and those in contract.

Housing Market 473

Housing Market Inventory Contracts Marketing 473

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. Despite the decline, many industry observers see big potential for the housing market in the year ahead. All four areas saw contract transactions increase from a year-over-year standpoint. For the fifth consecutive month , U.S.

Supply Chain 402

Supply Chain Inventory Housing Market Contracts 402

Appraisal Today

AUGUST 18, 2023

As you may have heard, a cyberattack has shut down Rapattoni, a property data provider, leaving realtors and appraisers in 12 states without access to MLS data. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.16 baths, 34,380 square feet, 2.65

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

Housing Wire

APRIL 29, 2021

The National Association of Realtors released encouraging news Thursday about the future of the housing market. The trade group reported that pending home sales – that is homes where a buyer signed a contract, but the sale has not closed – rose 1.9 % index points to 111.3 in March, after two consecutive months of decline.

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Contracts Inventory Construction Realtors 421

Housing Wire

AUGUST 24, 2023

“In order to achieve a soft landing, economic growth will have to slow to a rate that is below trend for some time in order for the unemployment rate to rise sufficiently to cause wage growth to slow consistent with a 2% inflation target over the long term, but not so slow that the economy falls into a contraction,” the ESR group said.

Construction 284

Construction Retail Mortgage Contracts 284

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly today by the U.S. This is 12.6

Construction 370

Construction Housing Market Sellers Marketing 370

Lamacchia Realty

APRIL 6, 2022

has released their “Top Producing REALTORS®,” for March 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! Lamacchia Realty, Inc. Kelly joined the 2021 Lamacchia Realty President’s Club for the first time !

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

MARCH 23, 2021

The seasonally adjusted estimate of new houses for sale at the end of February was 312,000. A new home sale occurs when a sales contract is signed or a deposit is accepted. The home can be in any stage of construction: not yet started, under construction or completed. This represents a supply of 4.8

Construction 530

Construction Buyers Development Contracts 530

Housing Wire

OCTOBER 21, 2021

in September after waning in August, according to a new report National Association of Realtors released Thursday. The gain in existing home-sales in September reflects contracts signed earlier in the summer,” Mike Fratantoni, MBA SVP and chief economist said in a statement. Existing-home sales rose 7.0% from a year ago.

Inventory 410

Inventory Buyers Realtors Contracts 410

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Living on the edge means constructing places in the most challenging locations, and, in many cases, in the middle of unspoiled nature.”

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Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Still on the market for the same amount in 2015, the eye-popping property ranked as one of the most viewed homes on Realtor.com®. After all, this isn’t the first time the unique property has been listed.

Appraisal 81

Appraisal Contracts Business Construction 81

Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. Will Springer, Realtor®. A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’.”.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Housing Market 36

Housing Market Marketing Buyers Sellers 36

The Robert Weiler Company

SEPTEMBER 7, 2022

Reports have revealed a strong land market. And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half.

Marketing 78

Marketing Real Estate Investing Retail 78

Empire Appraisal Group

SEPTEMBER 16, 2021

Source: Case-Shiller: Home Prices Soar at Record Pace in June | Florida Realtors. While housing price gains may be starting to slow, Case-Shiller’s June report found a year-to-year increase of almost 20%. And the number of contracts signed to buy homes, a leading indicator of final sales, has fallen for two straight months.

Contracts 78

Contracts Construction Realtors Investors 78

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. . >> That’s the first time a Fed official has acknowledged the U.S. Here’s a 4-bed, 3.25-bath

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

McKissock

APRIL 25, 2023

Businesses are observing a decline in demand for their goods and services, which should result in a further contraction of the labor market in the coming months. economy could experience a contraction this year. Housing starts declined 0.8% Upon closer inspection, multi-unit construction was the cause of the decline.

Real Estate 86

Real Estate Appraisal Contracts Construction 86

Listing Spark

SEPTEMBER 25, 2023

The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. Here are five of the biggest change in the Texas Real Estate market. At least, not yet.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. For the broad Houston real estate market, all major indicators point to growth during the year.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” The August housing data was mostly consistent any way your sliced it. but “When.”.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MAY 13, 2024

America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. shy of the need. But for how long?

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

By all measures, our region (and the rest of the country for that matter) experienced one of the worst six months (June-November) any housing market has seen in at least a decade. Yes, the great housing market reset is in full swing. In his estimate: “Homebuilding’s going to contract.”. in the first half of 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36