Housing Wire

OCTOBER 1, 2022

However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 380

Realtors Housing Market Marketing Buyers 380

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 485

Contracts Housing Market Realtors Construction 485

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

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 369

Inventory Agents Real Estate Sellers 369

Listing Spark

JUNE 21, 2022

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. Hey, real estate fans! in the month of March.

Sellers 69

Sellers Housing Market Marketing Inventory 69

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 511

Contracts New Listings Realtors Housing Market 511

Appraisal Buzz

MARCH 28, 2024

Month-over-month, contract signings climbed in the Midwest and South but sank in the Northeast and West. Affordability constraints and still-low inventory levels will continue to dampen housing market potential,” adds Odeta Kushi, deputy chief economist for First American , in a statement. Pending home sales increased 1.6%

Inventory 195

Inventory Housing Market Contracts Realtors 195

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.

Brokerage 370

Brokerage Real Estate Training Buyers 370

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. Only sellers matter?

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

Housing Wire

MARCH 28, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. NAR’s Pending Home Sales Index increased to 75.6 in February, up from 74.3 in January. On a year-over-year basis, pending sales were down 7%. On a year-over-year basis, all four U.S. regions registered losses, NAR reported.

Inventory 424

Inventory Realtors Contracts Sellers 424

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. If you believe people sell to become homeless, then you’re in the group of people that have simply not read housing data for decades. The days on market were too low. And existing home sales crashed in 2022 from a peak of around 6.5

Inventory 537

Inventory Housing Market New Listings Marketing 537

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

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 359

Advertising Tools Real Estate Sellers 359

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 468

Buyers Marketing Sellers Loan Officers 468

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

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 467

Buyers Realtors Inventory Sellers 467

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

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. Binney said.

Inspection 387

Inspection Real Estate Agent Real Estate Insurance 387

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 392

Mortgage Sellers Contracts Buyers 392

Housing Wire

NOVEMBER 17, 2023

Sellers cut prices or offered concessions to get to the closing table. Meanwhile, about one-third of sellers offered concessions, such as money for repairs, closing costs and/or mortgage-rate buydowns. of homes that were under contract, the highest rate on record. month-over-month increase. in September and down from 21.7%

Buyers 392

Buyers Sellers Contracts Mortgage 392

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 338

Agents Realtors Clients Real Estate Agent 338

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 355

Sellers Housing Market Buyers New Listings 355

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 317

Inventory Contracts Sellers Housing Market 317

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

Housing Wire

JULY 26, 2021

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. If a showing is to happen, buyers must make appointments with each seller auctioneer to view those homes. Compare all that to the U.S.

Real Estate Agent 383

Real Estate Agent Real Estate Sellers Legal 383

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 369

Home Value Housing Market Contracts Sellers 369

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. In February, NAR in partnership with Realtor.com released The Double Trouble of the Housing Market report. For Asian Americans the rate is 61.7%

Housing Market 406

Housing Market Realtors Buyers Inventory 406

Housing Wire

FEBRUARY 9, 2021

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. Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller.

Appraisal 454

Appraisal Real Estate Agent Sellers Real Estate 454

Appraisal Buzz

DECEMBER 27, 2021

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. There’s too little supply and too high a demand, a predicament that’s disrupted the housing and appraisal industries. of homes are valued lower than the contract price.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Housing Wire

NOVEMBER 21, 2023

Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. The median existing- home price for all housing types in October was $391,800, down from $394,300 in September but up 3.4% Looking at the four major U.S. All four U.S.

Inventory 381

Inventory Realtors New Listings Contracts 381

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 387

Agents Buyers Sellers Inventory 387

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 332

New Listings Contracts Inventory Sellers 332

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

JUNE 7, 2022

Consumers’ concerns about housing affordability are squeezing would-be homebuyers out of the market, according to Fannie Mae ‘ s Home Purchasing Sentiment Index , which tracks the housing market and consumer confidence to sell or buy a home. The index score dropped by 0.3 points to 68.2

Mortgage 366

Mortgage Housing Market Contracts Construction 366

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. A lot of sellers are also willing to let buyers slip away because they don’t want to concede to repair requests,” Morre said. Home prices not expected to fall Home prices are high due to competition among buyers for limited inventory in the market.

Buyers 394

Buyers Mortgage New Listings Real Estate Agent 394

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. For consistency the key market indicators are considered; number of listings, number of contracts and number of sales. What do we see. What Now?

Housing Market 40

Housing Market Marketing Contracts Real Estate 40

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

Inventory 442

Inventory Housing Market New Listings Mortgage 442