Housing Wire

MAY 10, 2023

For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity. You may have seen a picture making the rounds on Housing Twitter and LinkedIn recently. It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey.

Loan Officers 381

Loan Officers Marketing Inventory Real Estate Agent 381

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. That’s because fewer homes are being placed under contract. How do you know your house is overpriced? See chart below.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

MARCH 17, 2022

A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates. Protect Yourself as a Buyer. If you do this, you must protect yourself.

Sellers 67

Sellers Realtors Buyers Inventory 67

Raleigh Realty

FEBRUARY 19, 2022

Not only does this help new agents learn all the inventory in their local markets but it also gets them familiar with driving through all the subdivisions and neighborhoods. I worked open houses, made daily calls to my database, and focused on my “sphere”. Do read the fine print about canceling the contract.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

OCTOBER 21, 2020

Across the different markets, the agents consistently reported bidding wars amid heightened demand for single-family homes, low inventory and an increase of buyers fleeing big cities. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In Once COVID-19 caused much of the U.S.

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Lamacchia Realty

MARCH 26, 2024

As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.

Bracketing 60

Bracketing HOA Sellers Buyers 60

Houston Properties

JANUARY 13, 2021

Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. While 2020 has been a record year, the Houston housing market is still facing a lot of uncertainties.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Assurance Financial

MAY 10, 2022

Though many individuals are interested in purchasing a home, the inventory of available properties is low. Sellers have an advantage in this housing market since the lack of available homes creates more competition among buyers. Increasing prices and decreasing inventory often indicate a seller’s market.

Marketing 69

Marketing Real Estate Agent Sellers Buyers 69

Appraisal Today

JULY 29, 2022

From horror movie-esque semi-abandoned homes for rent to home decor that overshot “unique”, the owners and agents behind these funny ads thought things were perfect just as they were for their photos and open houses. Spiking housing supply & fewer buyers. We’ve seen a massive change in housing inventory.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Lamacchia Realty

JUNE 10, 2022

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. With fewer buyers comes fewer home sales over time, so then inventory will build back up which will provide another thing you’ve been missing: selection.

Marketing 62

Marketing Sellers Buyers Inventory 62

Housing Wire

APRIL 21, 2022

Last May, Sam Khater, chief economist for Freddie Mac , the government-sponsored enterprise and mortgage purchaser, issued a report with the grim conclusion: “Inventory of both new and existing homes for sale is currently at a historical low.”. “They’re stressed on so many fronts right now.”. That’s $307,000 in non-construction costs.

Construction 397

Construction Supply Chain Investors Business 397

Lamacchia Realty

JUNE 18, 2021

A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March during the stay-at-home mandates. Protect Yourself As a Buyer. If you do this, you must protect yourself.

Sellers 67

Sellers Realty Buyers Realtors 67

Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

MARCH 14, 2023

Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers. The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Condo inventory stands at 1.7

Marketing 36

Marketing Buyers Inventory Sellers 36

Houston Properties

JULY 22, 2022

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Hot housing markets don’t last forever, here are six reasons why now is a great time to sell a Houston home: 1. The combination of low inventory and high demand is great for sellers. Houston has 3.7 year-over-year.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JANUARY 12, 2022

The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions. Overall, right now properties are still actively going under contract. The biggest challenge right now is the low inventory.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. See the August housing report further below, if you dare!). SEPTEMBER HOUSING UPDATE.

Construction 36

Construction Inventory Buyers Real Estate 36

Appraisal Today

MAY 5, 2023

To read more and see the fascinating photos (some show a person in the house) Click Here. My comments: And I thought my local Spite (Skinny) house at 10 ft. I saw it at an open house and the rooms and floor plan was functional. == HOW TO USE THE NUMBERS BELOW. wide was narrow! percent from 0.4 percent the week prior.

Appraisal 52

Appraisal Contracts Architecture Law 52