Housing Wire

SEPTEMBER 29, 2022

An index of 100 is equal to the level of contract activity in 2001. The direction of mortgage rates – upward or downward – is the prime mover for home buying, and decade-high rates have deeply cut into contract signings,” Lawrence Yun, NAR’s chief economist, said in a statement. “If Presented by: Evocalize. All four major U.S.

Contracts 379

Contracts Realtors Inventory Marketing 379

Housing Wire

NOVEMBER 30, 2020

However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices. Presented by: Fannie Mae. pending home sales fell 1.1% compared to a year ago.

Realtors 534

Realtors Inventory Contracts Development 534

Housing Wire

NOVEMBER 7, 2023

Present to your buyer clients just like you would in a listing presentation. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Change the search area, change the type of home or find an equally great school district to look in that has more inventory. Overcommunicate.

Clients 414

Clients Buyers Real Estate Agent Real Estate 414

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. Pausing new contracts will enable us to focus on sellers already under contract with us and our current home inventory.”. Presented by: Weichert.

Renovations 384

Renovations Real Estate Construction Contracts 384

Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. How you conduct yourself and how you present to each buyer prospect should not vary by situation. There are other ways to find inventory rather than just using your MLS.

Clients 424

Clients Real Estate Inspection Buyers 424

Housing Wire

JUNE 5, 2023

As with the rest of the country, the Chicago-area market is dealing with issues stemming from a lack of inventory , and until rates decline, it’s the first-time buyers that Lotsoff and Brok are primarily targeting for volume. “We should see more purchase activity from existing homeowners once rates and/or home prices come down a bit.

Loan Officers 383

Loan Officers Mortgage Lending Retail 383

Housing Wire

SEPTEMBER 13, 2021

Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021. Presented by: Nomis Solutions. This limited inventory and strong demand is reflected in the 14% increase of the median home-sale price to $358,250, with the median asking price of newly listed homes at $353,500.

Housing Market 538

Housing Market Marketing Inventory Brokerage 538

Housing Wire

JANUARY 27, 2021

Presented by: FundingShield. “Since hitting a recent low in April 2020, the average purchase loan amount has steadily risen – in line with the accelerating home-price appreciation occurring in most of the country because of strong demand and extremely low inventory levels ,” he said. . the week prior. from 13.8%

Mortgage 317

Mortgage Contracts Government Inventory 317

Housing Wire

DECEMBER 4, 2020

However, Nothaft expects that mortgages originated today, with a contract rate of 3% or lower, are more likely to have a relatively long life and lenders will not see them coming into refinance anytime soon. Presented by: Xome. “I Especially when contract interest rates for refis are below 3%. per year during the prior decade.

Mortgage 512

Mortgage Contracts Construction Inventory 512

Housing Wire

OCTOBER 26, 2021

With one of only a few companies that provide an iBuying offering halting business, it does present an opportunity to us as customer demand for streamlined, on-demand real estate solutions remain high.”. “Offerpad is continuing to expand our reach,” company founder and CEO Brian Bair told HousingWire. More will be known Nov.

Supply Chain 531

Supply Chain Real Estate Real Estate Agent Clients 531

Housing Wire

FEBRUARY 2, 2022

The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) increased to 3.75% from 3.72% the week prior. Presented by: Equifax. Stubbornly low inventory levels and swift home-price growth continue to push average loan sizes higher,” Kan said. the previous week.

Mortgage 410

Mortgage Contracts Inventory Investors 410

Housing Wire

MARCH 16, 2022

The seasonally adjusted purchase index increased 1% from one week earlier; the unadjusted purchase index increased 2% from the prior week but was 8% lower than the same week a year ago, largely due to a decline in inventory. Presented by: DataVerify . The FHA share of total applications remained unchanged at 8.7% from 10.4%.

Supply Chain 383

Supply Chain Mortgage Contracts Government 383

Housing Wire

JANUARY 3, 2024

When looking at the challenges the first quarter of the year will pose agents, the most popular response was “low inventory,” followed by “getting listings” and “interest rates and inflation.” Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 389

Agents Realtors Clients Real Estate Agent 389

Housing Wire

FEBRUARY 9, 2021

The index plunged from record highs seen in late 2019 after the COVID-19 pandemic caused the worst economic contraction since the Great Depression. Presented by: FormFree. The group’s Mortgage Credit Availability Index rose 2% to 124.6

Mortgage 541

Mortgage Lending Government Contracts 541

Housing Wire

MAY 28, 2021

Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. Presented by: Move Sales.

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

Housing Wire

MAY 10, 2022

The report used real time listing data to show the limited housing inventory and the repercussions to home buyers. By using real time inventory data, and stratifying by income, the report highlights that for a household who earns $75,000 to $100,000 they have 411,000 fewer homes available for sale compared to pre-pandemic.

Housing Market 443

Housing Market Realtors Buyers Inventory 443

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.

Inspection 408

Inspection Real Estate Agent Real Estate Insurance 408

Housing Wire

DECEMBER 21, 2023

I’m here to debunk the myths and explain why every veteran and qualifying service member should embrace this well-deserved benefit and capitalize on the opportunities it presents. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan.

Mortgage 441

Mortgage Renovations Appraisal Process Finance 441

Housing Wire

AUGUST 31, 2021

With little inventory, home-price growth in the U.S. “While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper on price growth,” said CoreLogic Deputy Chief Economist Selma Hepp. Presented by: Flueid. “We

Housing Market 441

Housing Market Inventory Buyers Real Estate 441

Housing Wire

MAY 19, 2022

HousingWire: The current inventory shortage doesn’t seem like it will let up anytime soon. What challenges does this present to brokers? The combination of the slowing refinance market and the current inventory shortage has made fulfilling volume needs even more challenging.

Marketing 409

Marketing Lending Inventory Mortgage 409

Housing Wire

APRIL 23, 2021

Presented by: Computershare Loan Services. Homes with lower balances, typically $300,000 or less, struggled to keep pace due to extreme inventory shortages. this year, a vast improvement from the pandemic-induced contraction of 2.4% How outsourcing gives lenders an advantage in 2021’s purchase market.

Marketing 466

Marketing Housing Market Inventory Mortgage 466

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. . Six months ago, if someone would’ve given a contingent offer, they would’ve gotten laughed at,” Davidson said.

Mortgage 409

Mortgage Sellers Contracts Buyers 409

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. The content and consistency that Coffee & Contracts provides really makes it easy to have a good-looking Instagram grid! When you buy through our links, we may earn a commission.

Real Estate 409

Real Estate Sellers Real Estate Agent Tools 409

Realvals

JANUARY 5, 2023

The chart below presents two data points. The orange bars at the bottom depict the average number of days that homes in San Francisco remain on the market, which is typically calculated based on the time elapsed between listing and going into contract. This chart presents two statistics. San Francisco Inventory.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Hank Miller Team

JANUARY 9, 2024

drops in contract and sale prices All categories saw positive growth out of the Dec '22-Jan '23 lows Home prices for Q1 '24 into Q2 '24 in the greater Atlanta real estate market will be heavily influenced by inventory. Listings settle around Feb '23 and as the year moves along, contracts and sales increase.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

Hank Miller Team

MARCH 6, 2024

Home Sales Drop in Atlanta From a pure "number of transactions" point, closings and contracts cratered in '22 as buyers rapidly fell out and sellers chased those that remained. '23 23 saw a less severe drop in contracts and closings, sellers also recognizing that bull run was over. in Feb '22. 2YOY jumped 165.7

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Empire Appraisal Group

JUNE 22, 2022

listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed. ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market. But sometimes, one number can’t present the entire story.

Marketing 78

Marketing Contracts Realtors Tools 78

Realvals

DECEMBER 14, 2022

The third chart presents two data points. The orange bars along the bottom show the average number of days that homes in San Anselmo were on the market before going into contract. San Anselmo Months of Inventory. The final chart shows the level of inventory in the San Anselmo housing market at the time of the data snapshot.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Housing Wire

MARCH 15, 2024

Getting referrals and cozying up to the sell side Mike Kortas, CEO at NEXA Mortgage , sent a clear message to the over 2,300 mortgage LOs at his mortgage brokerage: “Keep your eyes open, keep your ears open, listen for opportunities that are going to present themselves, and be ready to assist more buyers.

Buyers 504

Buyers Agents Mortgage Real Estate Agent 504

Housing Wire

OCTOBER 23, 2020

Contracts during this time also skyrocketed 62%. While the Palm Beach housing market has not seen a lot of bidding wars, Koch said that a lot of the inventory has been absorbed and properties are getting multiple offers. Presented by: NAMB. Since it’s a summer destination, Palm Beach’s busy season for home-buying starts on Nov.

Housing Market 536

Housing Market Marketing Real Estate Agent Real Estate 536

Housing Wire

AUGUST 18, 2023

Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. Are they already in contract on something? You’ll present more confidently and walk away with not only the listing but also the seller’s trust. Knowledge equals confidence.

Sellers 368

Sellers Construction Real Estate Finance 368

Realvals

DECEMBER 13, 2022

The orange bars in the chart represent the average number of days that homes in Novato are on the market, which is typically calculated by the time between when they are listed and when they go under contract. Novato Months of Inventory. The green line shows the ratio of the list price to the final sale price of properties in Novato.

Home Value 60

Home Value Housing Market Marketing Inventory 60

Housing Wire

AUGUST 28, 2020

The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. Specifically, I’m talking about listing agreements and sales contracts. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. Listing tools.

Tools 253

Tools Sellers Real Estate Contracts 253

Housing Wire

MARCH 15, 2024

Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. Such homes went under contract typically after 17 days on the market. Mortgage demand has been on the rise for two weeks in a row.

New Listings 470

New Listings Inventory Home Value Contracts 470

Birmingham Appraisal

MAY 11, 2022

Last year was record-breaking in many areas, so to only compare the present activity against it would not be fair. Median home prices continue to rise as a result of high demand and limited inventory. First-quarter stats show a steady increase from 2017 to the present. Median Sales Price. Sale Price to List Price Ratio.

Housing Market 52

Housing Market Marketing Inventory Buyers 52

Hank Miller Team

APRIL 9, 2024

Telling you about dropping rates, dropping prices and increasing inventory. The trash sits; overpriced, not well maintained, poorly presented and marketed.those are sitting on the curb. Well presented and appealing homes are getting traffic and moving quickly; just ask any of the many still frustrated home buyers around Atlanta.

Buyers 40

Buyers Sellers Real Estate Agents 40

Hank Miller Team

DECEMBER 17, 2021

The Jan/Feb inventory bounce always happens; and it did in 2020 until the world stopped. See the inventory bumps as we head into the first quarter? Right now (mid Dec 2021) we’re dragging the bottom for inventory; we're finding old shipwrecks, dead fish, plenty of garbage and a few Mafia bodies. Let's look at history.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98