Remove Construction Remove Contracts Remove Real Estate Remove Sellers
article thumbnail

Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. Well into January, we are already seeing properties go under contract in the first weekend with multiple offers.

article thumbnail

How to make at least $100,000 in 100 days as a real estate agent

Housing Wire

Real estate agents: You can turn the next quarter into your best one yet by following this profitable and proactive plan. There are people who will absolutely be buying or selling real estate in the next 100 days. Aspirational pricing and competition from new construction has created more expired and withdrawn listings.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 best real estate classes in Ohio (OH) for 2024

Housing Wire

If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is to choose from the many real estate classes in Ohio to complete the 120 hours of approved pre-licensing education that the state requires.

article thumbnail

Unsold inventory is rising across the country

Housing Wire

Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. No one wants a scenario in which there’s a flood of sellers but no buyers. real estate market at the end of May 2024.

Inventory 508
article thumbnail

Zillow calls timeout on iBuying, but competitors won’t

Housing Wire

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. Pausing new contracts will enable us to focus on sellers already under contract with us and our current home inventory.”. construction workers.

article thumbnail

Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 371
article thumbnail

Why investors believe CoStar holds a big advantage post-NAR settlement

Housing Wire

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. That is 12 million more than Netflix and 32 million more than LinkedIn.

Investors 380