Housing Wire

MAY 1, 2024

In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” The simple answer is that Zillow is wholly focused on solving real consumer problems with software. million real estate license holders, many handle only one or two transactions a year. he posited. Of the approximately 1.5

Agents 435

Agents Real Estate Contracts Real Estate Agent 435

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 417

Real Estate Agent Real Estate Agents Brokerage 417

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 417

Inventory Agents Real Estate Sellers 417

Sacramento Appraisal Blog

JANUARY 16, 2023

Could a seller credit damage the chance of appraising at the purchase contract? These questions weren’t asked a year ago, but welcome to the 2023 housing market. UPCOMING (PUBLIC) SPEAKING GIGS: 1/18/23 WCR Market Update in Cameron Park (register here) 1/19/23 Big market update at SAR on […].

Appraisal 341

Appraisal Contracts Real Estate Housing Market 341

Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. ” The value education was mentioned across the board.

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Brokerage Real Estate Training Buyers 417

Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market.

Buyers 501

Buyers Agents Mortgage Real Estate Agent 501

Housing Wire

FEBRUARY 27, 2024

SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Automated marketing: Yes.

Advertising 427

Advertising Tools Real Estate Sellers 427

Housing Wire

SEPTEMBER 30, 2020

20, the National Association of Realtors said that contract signings were up 23% year over year. There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 Usually, Merchant said the Sacramento housing market slows down after Labor Day, but doesn’t see that slowdown this year.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

JANUARY 3, 2023

“Pending home sales recorded the second-lowest monthly reading in 20 years as interest rates , which climbed at one of the fastest paces on record this year, drastically cut into the number of contract signings to buy a home,” Lawrence Yun, NAR’s chief economist, said in a statement. On a month over month basis, all four of the major U.S.

Contracts 497

Contracts Housing Market Realtors Construction 497

Miller Samuel

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Hiding DOM as a marketing strategy. Lesson learned.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 427

Agents Realtors Clients Real Estate Agent 427

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house.

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Inspection Real Estate Agent Real Estate Insurance 407

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. “We We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun.

Contracts 481

Contracts Realtors New Listings Real Estate 481

Listing Spark

JUNE 21, 2022

Hey, real estate fans! Unless you’ve been living underneath a rock, you have likely heard talks of a housing market bubble that could burst at any moment. So, if you’re thinking of selling a home in 2022, here are a few tips to help you get started and navigate the housing market successfully.

Sellers 69

Sellers Housing Market Marketing Inventory 69

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. We know the feeling.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

OCTOBER 28, 2022

An index of 100 is equal to the level of contract activity in 2001. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. regions recorded year-over-year decreases in contract signings. or lower mortgage rate they locked in at. “On

Contracts 523

Contracts New Listings Realtors Housing Market 523

Housing Wire

JULY 26, 2021

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. experience.

Real Estate Agent 383

Real Estate Agent Real Estate Sellers Legal 383

Housing Wire

DECEMBER 16, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. The housing affordability crisis has pushed potential buyers to the sidelines.

Buyers 475

Buyers Realtors Inventory Sellers 475

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

Buyers 417

Buyers Mortgage New Listings Real Estate Agent 417

Housing Wire

FEBRUARY 9, 2021

More for Real Estate Enthusiasts. A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. Your next move would be to renegotiate with the seller. Your real estate agent can help if you decide to go this route.

Appraisal 454

Appraisal Real Estate Agent Sellers Real Estate 454

Housing Wire

NOVEMBER 2, 2022

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 7.06% on Wednesday from last week’s 7.16%, according to the Mortgage Bankers Association. . “The A housing recession is here, Marty Green, principal at Polunsky Beitel Green , emphasized. .

Mortgage 407

Mortgage Sellers Contracts Buyers 407

Housing Wire

NOVEMBER 23, 2022

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

Buyers 469

Buyers Marketing Sellers Loan Officers 469

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). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Following are excerpts from their responses that reflect on the good, the bad and the ugly of the current market.

Marketing 427

Marketing Mortgage Investors Sellers 427

Housing Wire

SEPTEMBER 23, 2022

But ultimately, real estate is the business of delivering homeownership — the primary means by which most Americans build generational wealth — to people, and the affordability crisis challenges that, disproportionately affecting low-income homebuyers and people of color. Katherine Mechling: A big one is moderation.

Real Estate Agent 370

Real Estate Agent Agents Real Estate Realtors 370

Housing Wire

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 407

Agents Buyers Sellers Inventory 407

Housing Wire

FEBRUARY 12, 2024

There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. Any time inventory rises, you start to see housing crash hyperbole on social media. There were 66,000 new listings this week, of which 14,000 are already in contract. It’s not a ton of sellers.

Sellers 437

Sellers Housing Market Buyers New Listings 437

Housing Wire

APRIL 30, 2021

In today’s booming housing market, sellers have their pick of home offers. Now, more than ever, sellers have a chance to get more money for their homes. And while this is great for sellers, it leaves buyers asking: “How can I stand out in such a competitive market? compared to last year.

Appraisal 417

Appraisal Sellers Buyers Housing Market 417

Housing Wire

AUGUST 3, 2023

. “As of quarter end, 99% of the homes we made offers on between March and June of last year were sold or under resale contract and our new book of inventory is generating positive unit economics in what continues to be an uncertain time in the U.S. housing market,” Wheeler said.

Inventory 370

Inventory Contracts Sellers Housing Market 370

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising.

Sellers 492

Sellers Marketing Inventory Contracts 492

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market?

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Hank Miller Team

JUNE 14, 2022

Now the data is there to support what we knew months ago, the Atlanta housing market shifted. In some areas and price points, buyers and sellers got whiplash. That was rhetorical, we just didn't have the data to support it because real estate lags. contracts fluctuated in a narrow range but began declining in May.

Housing Market 40

Housing Market Marketing Contracts Real Estate 40

Will Springer Realtor

OCTOBER 19, 2021

The home is under contact, seller and buyer have agreed to terms. About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. housing market is 7% of all mutually accepted contracts. Home Appraisal Tips for Buyers ).

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Housing Wire

JANUARY 2, 2023

Because most home sales take several months from contract to closing, the data likely includes some deals struck in June and July.). Nichole Bachaud, Zillow ’s senior economist, added: “With the winter quickly approaching, a time where housing market activity typically stagnates, home values are expected to continue their slide down.

Home Value 395

Home Value Housing Market Contracts Sellers 395

Appraisal Buzz

MAY 17, 2021

Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. We are seeing that as a profession again. How do we combat this?

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

NOVEMBER 28, 2023

Home prices rallied in September, as homebuyers still outnumbered sellers. The Case-Shiller index measures repeat sales data and reflects a three-month moving average, meaning that it tracks homes that went into contract in July, August and September. Home prices posted a 3.9% annual gain in September, up from a 2.5%

New Listings 417

New Listings Contracts Inventory Sellers 417

Housing Wire

SEPTEMBER 28, 2021

Home price growth remained scorching hot as the housing market entered the dog days of summer, but data released in the weeks since indicate cooler days in the months to come,” Matthew Speakman a Zillow economist said in a statement. “The Taken together, these factors have created a double-whammy for home price growth.”.

Housing Market 481

Housing Market Finance Contracts Inventory 481