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No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

Insurance 421
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When it comes to home sales, August is the new May, keeping agents busy into the fall

Housing Wire

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.

Agents 544
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2022 Connecticut Year in Review

Lamacchia Realty

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. Homes Pending (contract accepted) There were 20.2% Sales Down 18.8%

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12 Questions to Ask Your Real Estate Agent

PennyMac

This does not mean that you should avoid new agents at all costs — just ask them a few more questions about their journey. Many of them have had great training and even specialized experience working for seasoned Realtors®. New agents can also often deliver high quality, personalized service as a result of having fewer clients.

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Pending home sales drop, but there’s a silver lining

Housing Wire

in January from December, according to a report from the National Association of Realtors. All four areas saw contract transactions increase from a year-over-year standpoint. Realtor.com’s Housing Market Recovery Index showed yet another month of significant contract growth, especially in Austin, San Antonio, Denver and Sacramento.

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November 2023 Connecticut Housing Report

Lamacchia Realty

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% when compared to November 2022. What’s next?