Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. “With access to cutting-edge tools like Performance Tracker, Compass AI , and the innovative Compass Collections, we are poised to enhance our client experience and deliver unparalleled service through the industry’s leading technology platform.”

Real Estate Agent 409

Real Estate Agent Real Estate Realty Technology 409

Housing Wire

JANUARY 23, 2024

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. As we get into 2024, if interest rates touch the 5% mark, we can assume a market that heavily favors sellers.

Real Estate Agent 439

Real Estate Agent Real Estate Buyers Agents 439

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 366

Sellers Construction Real Estate Finance 366

Housing Wire

SEPTEMBER 26, 2023

Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months.

Inventory 496

Inventory Buyers Construction Sellers 496

Housing Wire

JANUARY 24, 2024

The marketing campaigns that agents construct with AdBuilder will include “a custom landing page optimized for lead capture,” and agents will receive data on how their campaigns are received and interacted with, according to the release.

Technology 402

Technology Advertising Tools Agents 402

Housing Wire

APRIL 9, 2024

Another issue is home sellers’ bias against homebuyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers.

Sellers 448

Sellers Realty Insurance Realtors 448

Housing Wire

OCTOBER 3, 2023

“But we also understand there are situations where sellers may not want to enter the property into an MLS due to restrictions in showing it and many other unique scenarios.

Realty 425

Realty Agents Clients Tenants 425

Housing Wire

NOVEMBER 15, 2023

However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said. He also expects more sellers to enter the market, as they adapt to prolonged higher rates. By the end of 2023, year-over-year home sales will likely fall by 18% after a 17% decline from 2021 to 2022, Yun noted. .”

Real Estate 458

Real Estate Inventory Sellers Realtors 458

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 452

Construction Real Estate Buyers Sellers 452

Housing Wire

NOVEMBER 22, 2023

Consumers will reset their expectations, and as rates move lower, there will be both more buyers and more sellers in the market. If sellers are enticed into the market before first-time buyers get back in, we could see home prices dip early in 2024.

Housing Market 485

Housing Market Marketing Inventory Sellers 485

Housing Wire

APRIL 15, 2024

There are places where new construction relieved some pressure, and where homeowners are less locked into their mortgage, but not in the nation’s most expensive metros. In March, more than one in five sellers cut their list price, especially in markets like Tampa, Phoenix, Jacksonville, San Antonio and Orlando.

Housing Market 418

Housing Market Inventory Buyers New Listings 418

Housing Wire

JUNE 2, 2023

The construction sector also saw job gains in May, adding 25,000 positions, thanks to a large uptick in heavy and civil engineering construction, which added 10,700 jobs. Residential building construction added 2,400 jobs during the month.

Construction 372

Construction Real Estate Housing Market Transportation 372

Housing Wire

MARCH 27, 2024

The company collects a 3% buyer agent commission, keeps a third of it, and refunds the rest to the buyer; it does not charge a seller agent commission fee. Construction slows down One thing that stands out in Jacksonville’s listings rankings is the recurring presence of homebuilders.

Brokerage 425

Brokerage Realty Real Estate Inventory 425

Housing Wire

JANUARY 10, 2024

You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. It can net your seller thousands or tens of thousands more when you do this right! Make sure both places shine.

Sellers 388

Sellers Inspection Agents Clients 388

Housing Wire

OCTOBER 18, 2021

“We’re operating within a labor and supply constrained economy inside a competitive real estate market, especially in the construction, renovation and closing spaces,” said Jeremy Wacksman, chief operating officer at Zillow, in a written statement. “We construction workers. Broadly speaking, there’s a dearth of U.S.

Renovations 384

Renovations Real Estate Construction Contracts 384

Housing Wire

MARCH 20, 2024

It also bans NAR from setting rules that would allow a seller’s agent to set compensation for a buyer’s agent, removes commission information from MLS fields, and strikes any requirements that agents subscribe to multiple-listing services. Zillow declined to comment on recent stock price movements.

Investors 430

Investors Agents Real Estate Buyers 430

Housing Wire

JULY 20, 2023

While that’s one method of finding a home for your would-be sellers to buy, you can’t end the conversation there and expect to do any business this year. Here are 10 solutions for sellers who what to buy that go beyond waiting and watching for magic inventory to appear. Builders are closing loans in the 4.5 range currently!

Sellers 283

Sellers Clients Inventory Agents 283

Housing Wire

JANUARY 3, 2023

Falling home sales and construction have hurt broader economic activity.”. Pending-home sales in November reflect a freeze in the housing market, as buyers remain on the sideline and sellers are staying put,” Odeta Kushi, First American’s deputy chief economist, said in a statement.

Contracts 499

Contracts Housing Market Realtors Construction 499

Housing Wire

AUGUST 11, 2020

“We’ve had a significant amount of seller interest to widen our Orlando coverage area for quite some time,” Vaughn Stewart, Offerpad’s Orlando market director, said in a statement. Lucie, Sebastian, Stuart and Vero Beach. “Port St.

Real Estate 349

Real Estate Sellers Construction Marketing 349

Housing Wire

FEBRUARY 4, 2021

Not only can it give you a good price range to work with, but it can also make sellers more likely to choose your offer. Having a great real estate agent can give you the upper hand in a seller’s market. Consider buying when it’s not a seller’s housing market. Pull out all the stops to impress sellers.

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

NOVEMBER 3, 2023

The homegenius Platform provides users access to a number of services including: homegenius connect, which allows homebuyers and sellers to access a network of qualified and experienced real estate professionals. Through this offering, consumers may also be eligible to receive a rebate* at closing.

Real Estate Agent 372

Real Estate Agent Real Estate Insurance Valuation 372

Housing Wire

JULY 19, 2023

As a direct and proximate result of Chikonde’s actions, Fannie Mae temporarily suspended Go Mortgage’s seller/service number, which caused the company to be unable to deliver loans,” the suit said. Go Mortgage, licensed in 44 states, originates in both the retail and wholesale channels.

Mortgage 363

Mortgage Marketing Retail Construction 363

Housing Wire

MAY 11, 2023

” “Meanwhile, the housing market continues to face challenges as home sellers are less active this spring. In addition to the “locked-in effect” of mortgage rates, sellers are facing another issue caused by high inflation: the increasing costs of home improvements prior to selling.”

Mortgage 380

Mortgage Sellers Home Improvement Construction 380

Housing Wire

APRIL 20, 2021

Most sellers, if given the choice, would seldom choose a lengthy construction financing process to a cash offer on a dilapidated house. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

Renovations 441

Renovations Real Estate Agent Construction Buyers 441

Housing Wire

APRIL 14, 2023

In March of 2022, sellers received an average of 5.5 As buyers wanted to find the perfect property, before interest rates rose, they were willing to offer all cash to sellers so their offer was not contingent on financing. Homebuyers placed competitive offers on homes while inventory grew increasingly difficult to find.

Realtors 429

Realtors Buyers Inventory Sellers 429

Housing Wire

MAY 10, 2022

More inventory is both the consequence and cause of a more balanced housing market: More choice for home shoppers limits the number of buyers bidding on each home, and the added competition lights a competitive fire under sellers and their listing agents to make their homes shine, including by pricing it competitively.

Inventory 397

Inventory Housing Market Construction Sellers 397

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

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

NOVEMBER 2, 2022

“ 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 Tables have turned for some sellers.

Mortgage 408

Mortgage Sellers Contracts Buyers 408

Sacramento Appraisal Blog

AUGUST 9, 2023

New construction has been on fire, but the resale market has been cold. It’s been stunning to see the difference in volume between both markets. Let’s talk about the trend and look deeply into what’s going on with concessions. Scroll quickly by topic or digest slowly.

Housing Market 272

Housing Market Marketing Construction Real Estate 272

Housing Wire

MARCH 22, 2021

.” At the head of this particular snake is the COVID-19 pandemic, which forced lumber mills to close in 2020 due to health and safety concerns, thus crippling builders and construction crews with skyrocketing material prices. The post How much cash matters in a bidding war appeared first on HousingWire.

Inspection 545

Inspection Inventory Buyers Sellers 545

Housing Wire

JANUARY 6, 2021

This is the first of the company’s strategic homebuilder partners to offer the services to new-construction customers, and they’re starting with the Florida market. We’re always focused on streamlining processes for both home sellers and our homebuilder partners.

Construction 228

Construction Sellers Real Estate Buyers 228

Housing Wire

DECEMBER 12, 2023

While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market thanks to the use of mortgage rate buydowns , a tool more widely used by builders since their business is selling homes and clearing inventory. Source: AEI Housing Center, www.AEI.org/housing.

Tools 407

Tools Inventory Sellers Buyers 407

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are However, it’s the sellers and buyers that we are working with whom really matter. Are we in a housing bubble?”

Sellers 384

Sellers Inventory Housing Market Buyers 384

Housing Wire

NOVEMBER 7, 2023

If they’re dying to be in just one specific neighborhood, door-knock that neighborhood for them to uncover the next motivated seller. If they are in a new construction price range but haven’t really considered it, go take a video of a home that could be a match for them and see what their thoughts are.

Clients 406

Clients Buyers Real Estate Agent Real Estate 406

Housing Wire

MARCH 22, 2023

The increase was due primarily to the residential and real estate mortgage and construction portfolios, consisting of 70% of the total portfolio in Q4 2022. Wedgewood , a real estate investment firm that focuses on distressed properties, was the seller. The bank’s loans and leases for investments rose by $950 million to $28.6

Real Estate 383

Real Estate Investors Investing Finance 383

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 387

Loan Officers Clients Mortgage Construction 387