Housing Wire

MAY 25, 2022

A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. Innovation is not just on the construction side — it also can be adopted on the sales side.

Construction 450

Construction Real Estate Buyers Sellers 450

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. They bid $750,000 and again at $775,000, which the seller said would work. Especially if a home has acreage, it will “fly off the market.”.

Marketing 533

Marketing Realty Realtors Housing Market 533

Housing Wire

MARCH 25, 2021

“During the course of the pandemic, ‘home’ had become more important than ever, and as a result, strong purchase demand continues—but buyers also outnumber the sellers,” Khater said. Many economists speculate rising rates will be the key to quelling construction woes, even if it does eventually take a slight toll on demand.

Mortgage 543

Mortgage Construction Realtors Inventory 543

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 466

Inventory Construction Mortgage Buyers 466

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 381

Loan Officers Clients Mortgage Construction 381

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. Tables have turned for some sellers.

Mortgage 406

Mortgage Sellers Contracts Buyers 406

Housing Wire

SEPTEMBER 21, 2022

million, according to a report from the National Association of Realtors (NAR) released Wednesday. Higher mortgage rates are discouraging many potential home sellers from listing their property. Also potentially putting off some would-be sellers are the still rising home prices. month over month in August to a rate of 4.80

Inventory 368

Inventory Sellers Realtors Housing Market 368

Housing Wire

MARCH 21, 2023

economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. ” Ratiu said KCM’s focus on providing relevant insights and information to agents so they can educate buyers and sellers was one reason he joined the company. . Ratiu has more than 15 years’ experience tracking the U.S.

Real Estate 384

Real Estate Real Estate Agent Housing Market Agents 384

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

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 374

Business Marketing Real Estate Legal 374

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! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

MAY 27, 2021

If new home sales don’t grow, housing construction will slow down. We’ll see more inventory come to the market later this year as further COVID-19 vaccinations are administered and potential home sellers become more comfortable listing and showing their homes,” said Lawrence Yun, National Association of Realtors ‘ chief economist.

Mortgage 466

Mortgage Inventory Housing Market Construction 466

Appraisal Buzz

SEPTEMBER 20, 2021

Buyers and sellers? Realtors and Property Appraisers? The construction industry? But they’ll eventually deliver lucidity — allowing buyers, sellers, agents, appraisers, and lenders to plan and budget accordingly. And what does this mean for the economy? Interest rates? Stock and bond markets?

Valuation 195

Valuation Property Appraisal Real Estate Sellers 195

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. million units last month from July, according to the National Association of Realtors (NAR). “We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. Existing home sales are down 19.9%

Mortgage 418

Mortgage Loan Officers Buyers Inventory 418

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

FEBRUARY 18, 2022

annually to $350,000, according to the Friday report from the National Association of Realtors. January sales fell 2.3% from a year earlier, though the median existing-home price rose 15.4% The supply of homes for sale fell to a record low, down 16.5% from a year ago. That translates to just 1.6

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 314

Real Estate Brokerage Buyers Property Management 314

Housing Wire

NOVEMBER 3, 2020

Data from the National Association of Realtors and U.S. COVID has contributed to the acute shortage of inventory as the pace of new construction slowed and older prospective sellers postponed listing their homes until after the pandemic.

Inventory 478

Inventory Housing Market Construction Realtors 478

Housing Wire

MAY 10, 2023

Lawrence Yun , the National Association of Realtors ’ chief economist, took a stronger stance during the “Residential Economic Issues and Trends Forum” at NAR’s ongoing Legislative Meeting. Rent growth will decrease because apartment construction – entry units coming on the market – is already in the pipeline.

Housing Market 368

Housing Market Insurance Realtors Buyers 368

Realtor

AUGUST 7, 2019

Plus, even if you’re a seller eager to know the appraised value of your home, remember this: The cost of the appraisal is typically seen as the buyer’s responsibility (since it’s a requirement for the loan). And they may not accept an appraisal that the seller did at the time of listing.”. The final word?

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Realtor

AUGUST 7, 2019

Plus, even if you’re a seller eager to know the appraised value of your home, remember this: The cost of the appraisal is typically seen as the buyer’s responsibility (since it’s a requirement for the loan). And they may not accept an appraisal that the seller did at the time of listing.”. The final word?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Lamacchia Realty

APRIL 17, 2024

While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor. Hardwood floors are typically constructed from solid wood planks or engineered wood, both designed to withstand heavy foot traffic.

Home Value 66

Home Value Buyers Realtors Realty 66

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Does a Newly Constructed Home Need an Appraisal? Yes, even a newly constructed home needs an appraisal. Often new constructions don't have developed yards.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Empire Appraisal Group

JULY 27, 2023

It’s one reason sellers are receiving an average of three offers now, compared with around six a year ago, according to the National Association of Realtors. Turnkey homes have always been popular and that popularity hasn’t declined any, even though a fixer-upper often offers more house for the money.

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

Housing Wire

DECEMBER 6, 2021

I told everyone ‘Hey, I’m a brand new agent and I’m learning this as I go and I’m going to take you guys on the ride to see what it takes to be a Realtor.’ They have been really effective in the luxury market and new construction segments.”. “I just started with the good, bad and ugly and I just owned it.

Agents 397

Agents Real Estate Business Realtors 397

Housing Wire

FEBRUARY 13, 2024

We are very bullish on Alabama and its long-term prospects,” Jeremy Walker, CEO of the Alabama Realtors Association , said. “We Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. New construction is backed up,” she said.

Construction 387

Construction Supply Chain Inventory Agents 387

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. “It percentage points of the loan amount,” Nunziata said. in November, down from a 9.2%

Marketing 410

Marketing Government Mortgage Sellers 410

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Need for New Construction. Construction Workforce Concerns.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

FEBRUARY 3, 2022

Like many parts of the economy, housing construction may remain plagued by supply chain challenges, labor shortages and rising costs. At the same time, the unemployment rate has decreased to below 4% in December, and a record 4.5 million Americans left their jobs in November alone, according to the Job Opening and Labor Turnover Survey.

Housing Market 410

Housing Market Marketing Supply Chain Mortgage 410

Housing Wire

MARCH 1, 2022

Time after time, real estate homebuyers and sellers choose to work with a real estate agent. According to the National Association of Realtors , in 2020, some 87% of homebuyers purchased their home through a real estate agent or broker, and that number has steadily increased each year since 2001. However, it didn’t work.

Real Estate 349

Real Estate Brokerage Real Estate Agent Technology 349

Lamacchia Realty

JULY 10, 2023

The presence of this harmful construction material can lead to a range of issues from the quality of the property to the health of its inhabitants. So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall.

Inspection 68

Inspection Realty Agents Sellers 68

Empire Appraisal Group

APRIL 21, 2022

Source: Listing Prices Hit Highest Median Ever | Realtor Magazine. Assuming all these factors and new construction hold steady, we could begin to see inventory increases this summer—welcome news for buyers who have endured pandemic home shopping and can continue their journey despite higher buying costs.”.

Inventory 78

Inventory Buyers Construction Realtors 78

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. Realtor.com®

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Lamacchia Realty

MAY 19, 2023

These batches were used in thousands of foundations for new construction homes. What Pyrrhotite-Infected Foundations Mean for Homeowners As home buyers and sellers are trying to navigate this already unique real estate market, the crumbling foundation crisis is an add stressor for those trying to buy and sell properties in these areas.

Sellers 62

Sellers Buyers Government Insurance 62

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Empire Appraisal Group

SEPTEMBER 22, 2022

Cinch Home Services, a home warranty seller, constructed a list of neighborhood and street names that are host to the most expensive homes in the country. A Key to Home Values | Florida Realtors. In the U.S. It used data from the Census Bureau and real estate brokerage Redfin. That took 410 days. All rights reserved.

Home Value 78

Home Value Real Estate Brokerage Construction 78

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. Inventory has started to increase, but the market is still competitive with sellers still getting multiple offers.

Inventory 378

Inventory Real Estate Agent Sellers Buyers 378