Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. in November.

Contracts 458

Contracts Housing Market Construction Inventory 458

Housing Wire

AUGUST 30, 2023

in July, according to data released Wednesday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. However, rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many.” annual drop recorded in June.

Inventory 421

Inventory Contracts Buyers Realtors 421

Housing Wire

JUNE 29, 2023

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in April.

Contracts 370

Contracts Inventory Housing Market Realtors 370

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. 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. On the bright side, housing inventory rose 1.8% On the bright side, housing inventory rose 1.8%

Inventory 410

Inventory Realtors New Listings Contracts 410

Housing Wire

MAY 25, 2023

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in March.

Inventory 384

Inventory Housing Market Contracts Government 384

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. year over year.

Inventory 432

Inventory Realtors Contracts Construction 432

Housing Wire

SEPTEMBER 28, 2023

in August, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. Pending home sales, like new home sales, are based on contract signings. Mirroring the trend for new home sales , pending home sales fell 7.1%

Housing Market 479

Housing Market Contracts Government Buyers 479

Appraisal Buzz

MARCH 28, 2024

compared with February 2023, according to the National Association of Realtors (NAR). Month-over-month, contract signings climbed in the Midwest and South but sank in the Northeast and West. Ongoing job gains are clearly increasing demand along with more inventory.” Pending home sales increased 1.6% in the Midwest and 1.1%

Inventory 195

Inventory Housing Market Contracts Realtors 195

Housing Wire

OCTOBER 31, 2023

In August, pending home sales , existing home sales and new home sales all fell compared to the previous month, as mortgage rates climbed and inventory remained scarce. in September year over year to $394,300, according to the National Association of Realtors. During the first week of June, mortgage rates were at 6.79%.

Inventory 479

Inventory Housing Market Contracts Realtors 479

Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% pending home sales fell 1.1% compared to a year ago. Presented by: Fannie Mae.

Realtors 534

Realtors Inventory Contracts Development 534

Housing Wire

MARCH 29, 2023

Month-over-month, contract signings increased in three U.S. regions, but declined in the West, according to the National Association of Realtors. Overall, contract signings were down 21.1% After nearly a year, the housing sector’s contraction is coming to an end,” he said in a statement Wednesday. from February 2022.

Contracts 306

Contracts Realtors Home Value Housing Market 306

Housing Wire

DECEMBER 16, 2022

The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise.

Buyers 479

Buyers Realtors Inventory Sellers 479

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We pending home sales rose 5.9% million, a 1.1% gain compared with 2019.

Contracts 485

Contracts Realtors New Listings Real Estate 485

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.” I was already using buyer broker contracts, but now use them 100% of the time. Always will too,” one wrote.

Agents 431

Agents Realtors Clients Real Estate Agent 431

Housing Wire

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. Year-over-year, contract signings increased by 16.4%. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. Presented by: WFG.

Contracts 534

Contracts Inventory Realtors Government 534

Housing Wire

SEPTEMBER 29, 2022

according to data released Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. According to Yun, limited inventory and almost non-existent distressed property sales have supported home prices, which he predicts will rise by 9.6% In July , the index fell 1.0%

Contracts 397

Contracts Realtors Inventory Marketing 397

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. in 2022.

Inventory 421

Inventory Renovations Contracts Buyers 421

Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers.

Housing Market 450

Housing Market Realtors Buyers Inventory 450

Appraisal Buzz

SEPTEMBER 29, 2021

The National Association of Realtors ’ Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, increased 8.1% An index of 100 is equal to the level of contract activity in 2001. Year-over-year, signings dipped 8.3%.

Contracts 195

Contracts Realtors Inventory Buyers 195

Housing Wire

SEPTEMBER 29, 2021

Homebuyer contract signings in the U.S. Increased inventory of homes for sale, near historic low mortgage rates and favorable demographics means more housing demand, ” Odeta Kushi, the First American deputy chief economist said in a statement. rose 8% month-over-month from July to August, though the figure was still 8.3%

Contracts 421

Contracts Inventory Housing Market Marketing 421

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. ” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

FEBRUARY 21, 2023

million, according to a report from the National Association of Realtors (NAR) released Tuesday. January sales reflect purchase contracts made in November or December, and there is evidence that in many markets, the housing market has bottomed out and buyers are beginning to return to the market.” from December to a pace of 4.00

Inventory 370

Inventory Buyers Housing Market Contracts 370

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported. Of the four major U.S. This is critical.

Inventory 410

Inventory Housing Market Realtors Marketing 410

Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

Inventory 530

Inventory Contracts Training Investors 530

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. Home prices will be influenced by how much inventory is brought to market.

Construction 370

Construction Inventory Realtors Housing Market 370

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% annually to $350,000, according to the Friday report from the National Association of Realtors. Homes went under contract in just 19 days on average, down from 21 a year ago. January sales fell 2.3% from a year ago.

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% Total Inventory data fell in this report from 1.31 It doesn’t even look like we will breach the lower level of my inventory wish list of 1.52

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. ” Contract signings on new homes increased 13.1% ” Contract signings on new homes increased 13.1% year over year. .

Supply Chain 421

Supply Chain Inventory Buyers Realtors 421

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. 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

FEBRUARY 28, 2023

year over year in 2022, according to data from the National Association of Realtors , home prices still managed to rise 5.8% Lisa Sturtevant, Bright MLS’ chief economist, noted, however, that persistent low inventory conditions are keeping prices elevated in many markets. However, even as existing home sales fell 17.8%

Inventory 410

Inventory Housing Market Contracts Realtors 410

Housing Wire

MAY 11, 2021

Lack of inventory , which has reached a crisis point nationally, isn’t necessarily an issue in the luxury segment. The consequences of low inventory finally caught up with the broader housing market in February, with tightened supply largely responsible for a 10.6% When looking at the largest markets in the U.S., from a year earlier.

Mortgage 450

Mortgage Inventory Contracts Buyers 450

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

AUGUST 17, 2023

In my previous article about renegotiating your vendor contracts , I talked about taking an inventory of your systems, providers and contracts so you can work with your vendors to get better pricing. But continuous tweaks like this can keep your business on the right path and mean the difference between profit and loss.

Real Estate 366

Real Estate Contracts Tools Training 366

Housing Wire

MARCH 26, 2021

.” Diving into the housing numbers, Davin said Portland’s current absorption rate is 0.98 – meaning agents have less than one month of inventory of residential properties. With demand that high, homes for sale are going under contract 24 to 36 hours after they are put on the market. year over year.

Housing Market 466

Housing Market Marketing Real Estate Inventory 466

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 410

Inspection Real Estate Agent Real Estate Insurance 410

Housing Wire

APRIL 21, 2021

Lack of inventory , a national housing issue following the onset of the pandemic, isn’t an issue for luxury homes. The consequences of low inventory finally caught up with the housing market in February, with tightened supply largely responsible for a 10.6% When looking at the largest markets in the U.S., from a year earlier.

Luxury Properties 491

Luxury Properties Real Estate Agent Inventory Real Estate 491

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. According to the National Association of Realtors ® (NAR), 70% of broker/broker associates and 69% of sales agents have a website. When you buy through our links, we may earn a commission.

Real Estate 421

Real Estate Sellers Real Estate Agent Tools 421