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. Residential construction costs started to moderate this period.

Mortgage 355

Mortgage Real Estate Inventory Construction 355

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). Consumers are happy with real estate service.

Real Estate 450

Real Estate Inventory Sellers Realtors 450

Housing Wire

APRIL 1, 2022

A total of 431,000 non-farm payroll jobs were added in March, and employment in the construction industry is now above its pre-pandemic level, after the industry added 19,000 jobs. The unemployment rate is now just marginally higher than its February 2020 level of 3.5%. ” Cracking the code on marketing to the realtor channel.

Housing Market 395

Housing Market Construction Marketing Real Estate 395

Housing Wire

APRIL 18, 2024

million in February, according to a report released Thursday by the National Association of Realtors (NAR). Meanwhile, new construction of both single-family and multifamily homes receded in March. Existing home sales receded by 4.3% in March to a seasonally adjusted annual rate of 4.19 million, down from 4.38

Inventory 348

Inventory Real Estate Agent Sellers Buyers 348

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We With existing inventory down, Schuler said new construction has taken on a larger role in his market. 23, 2024.

Housing Market 403

Housing Market Marketing Inventory Construction 403

Housing Wire

MARCH 21, 2023

economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. Real estate transactions are complex processes, and a lot of people approach them with fear and concern,” Ratiu said. Ratiu has more than 15 years’ experience tracking the U.S.

Real Estate 381

Real Estate Real Estate Agent Housing Market Agents 381

Raleigh Realty

FEBRUARY 4, 2022

New Construction Home Buying Tips You asked. here are the best new construction homebuying tips How to buy a new construction house Last week we wrote an article on how to buy a house for first-time home buyers. Also asking, when do you pay for a new construction house? How Do I Buy A New Construction Home?

Construction 148

Construction Realtors Real Estate Agent Real Estate 148

Housing Wire

MAY 25, 2022

The real estate industry is in the stages of a seismic shift to fully digital experiences. Furthermore, when it comes to new construction homes, more than one-third of buyers have their interest piqued in a builder while browsing online. Contingencies are a roadblock to a sale and buyers want help unblocking them.

Construction 428

Construction Real Estate Buyers Sellers 428

Lamacchia Realty

FEBRUARY 6, 2024

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Additionally, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

AUGUST 5, 2022

Construction gained 32,000 jobs in July, with residential building gaining 2,900 jobs and residential specialty trade contractors gaining 11,200 jobs. Employment in the construction sector is now 82,000 jobs higher than in February 2020. ” The real estate, rental and leasing services sector gained 1,400 jobs in July.

Real Estate 396

Real Estate Construction Brokerage Insurance 396

Housing Wire

MARCH 20, 2024

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 395

Investors Agents Real Estate Buyers 395

Housing Wire

APRIL 14, 2023

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 411

Realtors Buyers Inventory Sellers 411

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. HW: How can REO asset managers keep costs low and improve margins? territories.

Business 346

Business Marketing Real Estate Legal 346

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

Construction 432

Construction Supply Chain Inventory Housing Market 432

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. They wanted to know if it was okay to use a new construction sale as a comp for an older home. The market dynamics have changed namely interest rates.

Construction 82

Construction Appraisal Process Appraisal Bracketing 82

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. The market dynamics have changed namely interest rates.

Construction 74

Construction Appraisal Appraisal Process Bracketing 74

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.

Supply Chain 393

Supply Chain Training Construction Development 393

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. © 2023 Florida Realtors® The post Study: Real Estate Hot in Hurricane Ian-Hit Areas appeared first on Empire Appraisal Group.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

OCTOBER 7, 2022

The construction industry added 19,000 jobs in September, the majority (17,700) of which were specialty trade contractors, with 6,500 being residential specialty trade contractors. In February 2020, a combined 300,000 were employed in “real estate credit” and as mortgage and nonmortgage loan brokers.

Construction 315

Construction Real Estate Realtors Housing Market 315

Housing Wire

JULY 20, 2022

That’s the problem revealed by a report this month published by the University of Southern California Lusk Center for Real Estate and the Terner Center for Housing Innovation at University of California Berkeley. housing shortage that the National Association of Realtors pegged at 5.5 million fewer units than needed.

Finance 372

Finance Legal Landlords Construction 372

Housing Wire

MARCH 8, 2024

In February, employment continued to trend up in construction, adding 23,000 jobs month over month. It implies sizable potential real estate demand on the sidelines, ready to pounce once short-term conditions move favorably.” Average hourly earnings for private-sector employees grew by 0.1% month over month to $34.57

Transportation 419

Transportation Retail Housing Market Construction 419

Housing Wire

NOVEMBER 30, 2023

in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). Meanwhile, new home sales posted a better performance as homebuyers pivoted to new construction amid waning existing home supply. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5%

Housing Market 451

Housing Market Inventory Realtors Construction 451

Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

Real Estate 359

Real Estate Renovations Inventory Retail 359

Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. It’s positive news for an industry that has recently dealt with a lackluster amount of inventory. Barnes said.

Renovations 383

Renovations Realtors Construction Mortgage 383

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We

Inventory 297

Inventory Housing Market Marketing Real Estate 297

Housing Wire

NOVEMBER 3, 2023

Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. Judge Stephen R. Bough of U.S.

Real Estate 297

Real Estate Brokerage Buyers Property Management 297

Lamacchia Realty

MARCH 7, 2023

has released its “Top Producing REALTORS®,” for February 2023! 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! Elena has achieved numerous designations throughout her real estate career, starting in 2016.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

OCTOBER 4, 2023

Real estate agents play an undeniable and integral role in today’s housing market. Affordability is a real issue in the United States. The median price for an existing single-family home was $410,200 in June 2023, according to the National Association of Realtors (NAR). There is some hope for more balance to come.

Agents 398

Agents Tenants Real Estate Agent Construction 398

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). Other leading housing economists also gave their take during NAR’s Real Estate Forecast Summit about what’s in store for the real estate market in 2023. Realtor.com®:

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Lamacchia Realty

MARCH 7, 2022

has released their “Top Producing REALTORS®,” for February 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. Cyndi thrives to make her buyers and sellers her top priority.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

DECEMBER 18, 2020

And it’s a trend that is only going to get worse, as real estate company Redfin reports that hot housing markets in major southern cities , including Austin, will become less affordable in 2021. They’re frustrated and seeking newly constructed homes or moving further out on the outskirts of Austin , she said.

Realtors 441

Realtors Inventory Housing Market Real Estate 441

Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. Here are five of the biggest change in the Texas Real Estate market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Housing Wire

JUNE 16, 2021

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. According to the lobbying group, construction of long-term housing fell 5.5 In fact, coming off the Great Recession, new home construction in the U.S.

Housing Market 535

Housing Market Marketing Construction Development 535

Housing Wire

JANUARY 3, 2023

according to data released last Wednesday by the National Association of Realtors. Falling home sales and construction have hurt broader economic activity.”. Pending home sales fell for the sixth consecutive month in November, recording a 4.0% month-over-month drop that resulted in an index reading of 73.9,

Contracts 485

Contracts Housing Market Realtors Construction 485

Housing Wire

JULY 25, 2023

million – the slowest since January, according to the National Association of Realtors (NAR). With existing homeowners feeling reluctant to give up their record-low mortgage rates, builders have been all smiles as buyers turn to new construction. Sales of existing homes dipped in June , slipping 3.3% to a pace of 4.16

Inventory 280

Inventory Construction Buyers Mortgage 280

Housing Wire

SEPTEMBER 14, 2023

Over one-third (34%) of prospective buyers have yet to purchase a home because there are not enough homes for sale in their budget, according to a new survey from the National Association of Realtors. The Realtor survey was sent out in late July to 55,751 randomly-selected residential Realtors.

Buyers 401

Buyers Inventory Realtors Finance 401

Housing Wire

OCTOBER 6, 2023

And we are trying to help them navigate it because the market has overcapacity for both Realtors and loan officers right now,” Boyd said. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans. “It’s hard for brokers to win deals now.

Mortgage 464

Mortgage Real Estate Agent Renovations Finance 464