Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers.

Business 388

Business Marketing Real Estate Legal 388

Housing Wire

MAY 27, 2021

As rates rise, demand wanes and builders can catch up on the few months of inventory left for hungry borrowers. Presented by: Computershare Loan Services. If new home sales don’t grow, housing construction will slow down. The falling number of homeowners in mortgage forbearance will also bring about more inventory.”.

Mortgage 457

Mortgage Inventory Housing Market Construction 457

Housing Wire

AUGUST 18, 2023

Not prequalifying is unprofessional and can waste your time and the sellers. Don’t lose the listing of a motivated, have-to-sell seller over price. Try saying the following when the seller requests a list price that is too high: “That’s interesting, ‘seller.’ Always prequalify, 100% of the time!

Sellers 369

Sellers Construction Real Estate Finance 369

Housing Wire

DECEMBER 8, 2023

How you conduct yourself and how you present to each buyer prospect should not vary by situation. Should they consider new construction? Find them the right home Inventory is scarce, and will likely stay that way for a while. There are other ways to find inventory rather than just using your MLS.

Clients 419

Clients Real Estate Inspection Buyers 419

Housing Wire

JUNE 10, 2022

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?

Sellers 382

Sellers Inventory Housing Market Buyers 382

Housing Wire

NOVEMBER 2, 2022

Still, Powell presented a different tone in his press conference, indicating that thoughts of a potential pause would be premature. “ A housing recession is here “ For home shoppers and sellers, mortgage rates have been quick to adjust higher in response to expected Fed moves, said Danielle Hale, chief economist at Realtor.com. “In

Mortgage 403

Mortgage Sellers Contracts Buyers 403

Hank Miller Team

DECEMBER 17, 2021

So what's in store for home buyers and sellers that have to make a move this spring? Buyers will again be challenged and sellers will reap the reward…until they become buyers. The Jan/Feb inventory bounce always happens; and it did in 2020 until the world stopped. See the inventory bumps as we head into the first quarter?

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

APRIL 23, 2024

From there — and when combined with employment in construction and housing permit data — the thinking around rates will become clearer. “If Simonsen began his presentation by talking about an early Altos interaction with both Goldman Sachs and Lehman Brothers. He began by looking at fresh inventory data.

Inventory 457

Inventory Housing Market Sellers Marketing 457

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. " Housing Inventory Is Fannie Mae correct about the supply of sell-able homes in late 2021 and 2022?

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Appraisal Today

APRIL 5, 2024

February 2024 marked a dynamic period in the housing market, presenting opportunities and challenges for real estate appraisers. With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape.

Appraisal 77

Appraisal Contracts Business Construction 77

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing Inventory. Home price s. million in 2023.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

DECEMBER 23, 2022

It didn’t help the builders that they had a global pandemic and we still have many new homes either in construction or that haven’t been started yet. months 290,000 new homes are still under construction, about 5.5 We must remember that the builders don’t operate like existing home sellers; they treat their products as commodities.

Construction 367

Construction Housing Market Mortgage Sellers 367

Housing Wire

SEPTEMBER 28, 2022

A rebalancing of the housing market is continuing to throw the new construction market for a loop,” Nicole Bachaud, Zillow’s senior economist, said in a statement. However, the faster sales pace was not good news for inventory. But with fewer homeowners listing their existing homes, the overall housing inventory is again shrinking.

Inventory 279

Inventory Construction Housing Market Sellers 279

Will Springer Realtor

JANUARY 25, 2022

A buyer should not formally inspect the home without getting the okay from sellers.). Lead in house paints was banned from residential home use in the late 1970s but that doesn’t mean it is no longer present. Asbestos was used heavily in home construction – for flooring, drywall, ceiling treatments and insulation – until the 1980s.

Buyers 36

Buyers Inspection Construction Training 36

Housing Wire

FEBRUARY 23, 2021

Presented by: Fannie Mae. Rates have slowly climbed back towards 3% in the past few months, but inventory is still low , keeping prices high. Finally, lumber and other building materials are still scarce, forcing construction companies to delay projects and prevent an inventory build-up. But home prices have increased.

Inventory 433

Inventory Finance Contracts Construction 433

Housing Wire

FEBRUARY 18, 2021

Lumber prices have been steadily rising this year and hit a record high in mid-February, adding thousands of dollars to the cost of a new home and causing some builders to abruptly halt projects at a time when inventories are already at all-time lows.”. Presented by: Fannie Mae. Inventory remains low, as well.

Supply Chain 424

Supply Chain Construction Housing Market Inventory 424

Appraisal Today

DECEMBER 8, 2023

Rather, it is merely to present them for discussion and analysis. High rates have forced some sellers to lower their asking price to make up for high interest rates on monthly payments. Sellers “had to sell” typically because of a job loss, divorce, or other personal reason. = This is not to endorse or condemn those changes.

Appraisal 67

Appraisal Real Estate Contracts Design 67

Valuation Nation

OCTOBER 16, 2022

Even with the higher rates the shortage of inventory has not allowed prices to start tapering down, yet. Inventory levels. Frequency of seller paid concessions. Dollar amount of seller paid concessions. REO and Short Sale Inventory. Wea re also excluding any new construction or lender owned homes.

Real Estate 116

Real Estate Appraisal Marketing Inventory 116

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. We also believe these trends will create limited appreciation for inner loop neighborhoods known for small lots, choppy floor plans, with lots of construction from the 1990’s – 2010, especially zoned to not-top-ranked schools. Do You Want To Buy A Home Now? Need To Sell? Buyers Beware?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Listing Spark

JANUARY 12, 2023

Home sellers should focus on their local market and pull out all the stops when listing a house. New Construction: Slowing down due to an increase in inventory and a declining market; builders targeting first-time home buyers. iBuyers: Collapse of iBuyers presents an opportunity for local investors.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Raleigh Realty

FEBRUARY 19, 2022

Not only does this help new agents learn all the inventory in their local markets but it also gets them familiar with driving through all the subdivisions and neighborhoods. The skills required to help home buyers and sellers successfully buy and sell real estate have nothing to do with networking all day. It’s catchy and memorable.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. Presented by: Apartments.com. While housing continues to help lead the economy forward, limited inventory is constraining more robust growth,” said NAHB Chief Economist Robert Dietz. “A

Supply Chain 424

Supply Chain Inventory Housing Market Real Estate 424

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

HOA 36

HOA Transportation Construction Buyers 36

Lamacchia Realty

MARCH 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2022 compared to February 2021. Seller Resources. Additional Resources. Buyer Resources.

New Listings 53

New Listings Inventory Realty Buyers 53

Lamacchia Realty

JANUARY 24, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for December 2021 compared to December 2020. What's Ahead? to combat this increased and intense competition.

New Listings 49

New Listings Inventory Buyers Realty 49

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Housing Wire

APRIL 6, 2021

housing market is in the midst of an inventory crisis. is hovering near record lows , caused by a pandemic-induced housing inventory death-spiral. To make homeownership a possibility for everyone, there needs to be a higher housing inventory of affordable homes. Presented by: Fannie Mae. But home prices have increased.

Inventory 544

Inventory Housing Market Marketing Landlords 544

Lamacchia Realty

FEBRUARY 25, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2022 compared to January 2021. Seller Resources. Data provided by Florida Realtors® SunStats.

New Listings 41

New Listings Inventory Realty Buyers 41

Appraisal Today

FEBRUARY 9, 2024

Compensation was determined by arbitration bodies who based their awards on the estimated annual value or rent multiplied by some number of years, a form of valuing the present worth of future monetary benefits. single-family homes for sale in the fourth quarter were new construction. Nationwide, 31.8% That’s comparable with 31.9%

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

AUGUST 13, 2023

High-end construction with luxe touches throughout, vaulted ceilings elevate the space. Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. Dear Sellers, the housing market misses you It’s tough to value properties today! Storage space abounds in the 1, 055 sq.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”).

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. million sq. That’s up from 2333 sq. a month ago.

Architecture 36

Architecture Design Buyers Construction 36

Housing Wire

DECEMBER 17, 2020

As a result of the pandemic, there has been a heightened demand for larger homes, which Kan said has driven more construction, home sales and mortgage originations. Presented by: Fannie Mae. 2020 has seen a strong sellers’ market and rapid house price appreciation through most of the United States,” Kushi said. million, up 1.3%

Construction 510

Construction Housing Market Inventory Marketing 510

The Robert Weiler Company

NOVEMBER 10, 2021

Low mortgage rates and an inventory crunch (limited supply) fuel the US housing market fire. new construction pipeline of nearby buildings. Owner financing, according to Millionacres , a service of Motley Fool, “Owner financing is when the seller of the property carries financing for the buyer, essentially standing in for a bank.

Real Estate 78

Real Estate Retail Investing Tenants 78