Housing Wire

APRIL 9, 2024

A report released last week by the National Association of Realtors (NAR) said that Gen X homebuyers have a median income of $126,900, and are still years away from retirement. Homebuilders are observing a rise in demand for homes that can accommodate natural aging from Gen X buyers.

Buyers 493

Buyers Construction Realtors Development 493

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! Lamacchia Realty, Inc. Most recently, Nicole was honored with the 2023 Meghan A.

Realtors 74

Realtors Realty Real Estate Clients 74

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 404

Housing Market Construction Marketing Real Estate 404

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 493

Contracts Housing Market Realtors Construction 493

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). ” According to Yun’s forecast, mortgage rates will fall to between 6% and 7% by spring 2024.

Real Estate 450

Real Estate Inventory Sellers Realtors 450

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. We have subscriptions that go out to Realtors weekly,” Nguyen said. Barnes said. Adjusting to a “new normal”.

Renovations 404

Renovations Realtors Construction Mortgage 404

Housing Wire

AUGUST 10, 2023

In June, insurance giants State Farm and Allstate pulled out of California’s home insurance marketplace, citing mounting construction costs. Realtors and homeowners, said Knippen, should carefully consider the fire risk implications of purchasing a property in an affected area. “In

Insurance 370

Insurance Construction Realtors Development 370

Housing Wire

JUNE 29, 2023

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). It is encouraging that homebuilders have ramped up production, but the supply from new construction takes time and remains insufficient,” added Yun.

Contracts 370

Contracts Inventory Housing Market Realtors 370

Housing Wire

APRIL 9, 2024

While we took some heat from raising this issue at that time, the proposed Realtor settlement could mean that this now becomes a reality on the ground. This would harm consumers by reduced competition, resulting in higher costs and fewer lender choices.

Sellers 442

Sellers Realty Insurance Realtors 442

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 424

Realtors Buyers Inventory Sellers 424

Housing Wire

DECEMBER 3, 2020

It’s not uncommon to hear that bids on homes are that high, according to Stacie Herrig, a Realtor with Epic Realty in Meridian, Idaho, and sometimes she can see 10 to 20 offers on a home. Ward, a Realtor with Keller Williams, Christina and Company , said that her business is up 30.6% But last week, I listed a home for $1.17

Marketing 531

Marketing Realty Realtors Housing Market 531

Housing Wire

JANUARY 19, 2024

Existing home sales dropped to their lowest level in nearly 30 years in 2023, according to a report from the National Association of Realtors (NAR), released Friday. It requires economic and income growth and, most importantly, a steady buildup of home construction.” In 2023, 4.09 million units in December, down 1.0%

Inventory 433

Inventory Realtors Housing Market Construction 433

Housing Wire

FEBRUARY 8, 2024

Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Jane Doe specializes in luxury markets.”

Real Estate Agent 404

Real Estate Agent Real Estate Agents Clients 404

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! Horton’s VIP Realtor distinction, placing him in the top 5% of REALTORS® in Broward County.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

MARCH 8, 2024

In February, employment continued to trend up in construction, adding 23,000 jobs month over month. Average hourly earnings for private-sector employees grew by 0.1% month over month to $34.57 and were up 4.3% from a year ago. Job openings were essentially unchanged at 8.9 million at a rate of 5.4%, down from 10.4 million the prior year.

Transportation 442

Transportation Retail Housing Market Construction 442

Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). For those new construction units, the national median new home price is projected to drop by 5.9% Pending home sales ticked up 1.1% in September. increase in September.

Inventory 404

Inventory Contracts Housing Market Realtors 404

Housing Wire

MAY 25, 2022

While some buyers still enjoy finding their new construction home the old-fashioned way —spending a Saturday driving through neighborhoods — the National Association of Realtors (NAR) reports that 97% of homebuyers, regardless of age, use the internet in their home search.

Construction 450

Construction Real Estate Buyers Sellers 450

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). Increased homebuilding will tame price growth, while limited construction will lead to home price appreciation outpacing income growth.”

Construction 370

Construction Inventory Realtors Housing Market 370

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. rates in the months before the pandemic.

Real Estate 414

Real Estate Construction Brokerage Insurance 414

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). In the new construction sector , NAR predicts sales to increase 4.5% For the first time since November 2022, pending home sales fell in March, posting a 5.2% year over year. year over year to 4.56 million for all of 2023.

Inventory 424

Inventory Realtors Contracts Construction 424

Birmingham Appraisal

APRIL 11, 2023

7) Don’t use new construction sales to price an older home- As you would expect, new construction sales typically sell for more than older homes when everything else is equal. A negative adjustment would need to be made to the new construction sale that reflects the difference in value between the two properties.

Realtors 84

Realtors Bracketing Agents Buyers 84

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 earned the prestigious distinction of 2021 President’s Club member!

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

NOVEMBER 19, 2020

Now, these highly favorable mortgage rates are continuing to bring fresh buyers to the market, said National Association of Realtors chief economist, Lawrence Yun. October’s housing starts data from the Census Bureau revealed construction is attempting to keep up with that heightened demand as starts rose 4.9%

Mortgage 546

Mortgage Construction Valuation Buyers 546

Housing Wire

OCTOBER 12, 2023

Instead of continuing to raise rates, which will only exacerbate the supply constraint, the Fed should wait to allow the impact of record-high levels of new-apartment construction to flow into the rent data,” Sturtevant said. However, home prices won’t post a significant decline as supply remains constrained.

Government 402

Government Housing Market Contracts Insurance 402

Housing Wire

DECEMBER 13, 2023

Home starts forecasts, meanwhile, don’t offer much certainty about the pace of construction next year. Among all the experts’ forecasts for 2024, there is no number more tightly watched than mortgage rates, as those rates will undoubtedly impact sales, prices and construction as well.

Inventory 457

Inventory Construction Mortgage Buyers 457

Housing Wire

MARCH 25, 2021

Many economists speculate rising rates will be the key to quelling construction woes, even if it does eventually take a slight toll on demand. million, according to the National Association of Realtors. That’s a full 5% drop. Even a slight quarter turn in rates will cause many borrowers to wait out the market. month-over-month.

Mortgage 543

Mortgage Construction Realtors Inventory 543

Housing Wire

APRIL 1, 2024

“To my knowledge, we are the only ones who set this up as a traditional wholesale channel, which makes it easier for these third parties to add it as a product in the suite that they already have access to — all of their agency loans, government loans, jumbo, non-QM, construction. This is just one more arrow in their quiver.”

Loan Officers 413

Loan Officers Clients Mortgage Construction 413

Housing Wire

JUNE 3, 2021

Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” said Sam Khater, Freddie Mac’s chief economist. Tight housing inventory, obstacles to a faster rate of new construction, and rapidly rising home prices continue to hold back purchase activity,” said Kan. from March to 5.85

Mortgage 370

Mortgage Inventory Construction Realtors 370

Inman

MARCH 28, 2024

Fueled by positive job growth and an increase in available housing, the National Association of Realtors' Pending Home Sales Index rose 1.6 percent in February, according to data released Thursday.

Inventory 182

Inventory Realtors Construction 182

Housing Wire

MARCH 29, 2023

regions, but declined in the West, according to the National Association of Realtors. Existing-home sales , pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” Month-over-month, contract signings increased in three U.S. Overall, contract signings were down 21.1%

Contracts 302

Contracts Realtors Home Value Housing Market 302

Housing Wire

SEPTEMBER 13, 2023

Additionally, apartment construction is strong , which puts an additional pressure on landlords to avoid vacancy. Lawrence Yun, the chief economist at the National Association of Realtors , said the monthly rent inflation gain was the slowest in two years at 0.29%, or a 3.5% The rent index was up 7.2% a year earlier. .

Landlords 393

Landlords Insurance Construction Realtors 393

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). The NAR attributes this to the rising costs of land and construction materials. “In After posting a 2.5% in 2024 to $474,000.

Housing Market 424

Housing Market Realtors Contracts Buyers 424

Housing Wire

MARCH 29, 2023

The letter also cites a construction center labor shortage based on data from the Bureau of Labor Statistics , along with a study from affordable housing advocacy organization Up for Growth , which concludes the U.S. Today, according to the National Association of Home Builders, transformers are a major bottleneck in housing deliveries.”

Development 339

Development Realtors Construction Investing 339

Housing Wire

MARCH 21, 2023

economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. The other big factor is the supply side…We have experienced over a decade in which new home construction lagged household formation, the result of the 2008 housing bust which pushed a large number of builders permanently out of the industry.

Real Estate 382

Real Estate Real Estate Agent Housing Market Agents 382

Housing Wire

OCTOBER 22, 2020

million, the National Association of Realtors said in a report on Thursday. Fortunately, we are seeing a pick up in the pace of construction, which should bring more inventory onto the market for next year’s buyers,” Fratantoni said. Sales of existing homes took off in September, jumping 9.4% Compared to a year ago, sales are up 20.9%.

Inventory 527

Inventory Buyers Realtors Housing Market 527

Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. 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.

Business 403

Business Marketing Real Estate Legal 403