Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

Mortgage 509

Mortgage Inventory Real Estate Technology 509

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 349

Agents Realtors Clients Real Estate Agent 349

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We

Inventory 303

Inventory Housing Market Marketing Real Estate 303

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Why Is U.S.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. David Doctorow : We feel for home buyers and sellers. DD: The first step is educating yourself about what’s available and possible for today’s home buyers and sellers. .

Real Estate Agent 410

Real Estate Agent Real Estate Agents Marketing 410

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. As a result, there’s less demand for the available inventory, creating more price adjustments. The same will be true for sellers.

Housing Market 61

Housing Market Bracketing Marketing Sellers 61

Housing Wire

APRIL 4, 2022

“The only guy who isn’t affected by interest rate growth right now is someone who is buying a million-dollar house, putting down 25% to 30%,” Westcott said. With the housing market still red-hot and inventory at a crisis level , borrowers with cash and conventional almost always win out with sellers.

Insurance 363

Insurance Loan Officers Sellers Mortgage 363

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases.

Clients 386

Clients Agents Buyers Sellers 386

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. million units , and some experts say it could reach 8 million if there were more inventory. The appraisal industry faced a shortage of appraisers during the hot housing market.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Housing Wire

MAY 11, 2021

How Opendoor could sell comparably fewer homes in Q1 amid historically high demand and low inventory was not addressed on a Tuesday earnings call. Founded in 2014, Opendoor is a pioneer in cash home-buys moving online, and an alternative to home sellers having to work with real estate agents.

Real Estate Agent 329

Real Estate Agent Real Estate Brokerage Inventory 329

Cleveland Appraisal Blog

OCTOBER 14, 2021

Back then, as hot as that market was, I don’t remember the bidding wars that we see in today’s market, because at that time, the levels of housing supply were not nearly as low as they are today. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

JANUARY 16, 2024

real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. As a result, we’re starting to see slightly more available supply of homes on the market. That’s a 1.2%

Inventory 434

Inventory New Listings Sellers Contracts 434

Hank Miller Team

OCTOBER 19, 2022

The pandemic induced hysteria around the Atlanta housing market is rapidly giving way to balance and with it, the return of a special type of nonsense. Some home sellers take things personal and can be reluctant to acknowledge the changing market; none of that applies to their home.

Sellers 40

Sellers Agents Buyers Inventory 40

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. percentage points of the loan amount,” Nunziata said.

Marketing 407

Marketing Government Mortgage Sellers 407

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. Like elsewhere in the country, Indiana has struggled with housing inventory. 23, 2024.

Housing Market 410

Housing Market Marketing Inventory Construction 410

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. CMS is going heavy on a rarely used mortgage product to solve this market problem. It also allows home sellers to receive top dollar for the home, he said. The product, known as an assumable mortgage, is not new.

Mortgage 371

Mortgage Loan Officers Government Buyers 371

Birmingham Appraisal

FEBRUARY 6, 2024

Unlocking the Basics: Part 2 of Housing Statistics for Beginners In my last blog post, which was the first installment in this multi-part series, I discussed why it is important for agents to be aware of local housing statistics. This information can be used to advise sellers on how to price in this situation.

Inventory 77

Inventory Real Estate Sellers Buyers 77

D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Significantly reduced housing inventory.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Housing Wire

MAY 13, 2021

The purchase market remains strong overall, but low housing inventory and accelerating home prices have started to adversely impact purchase activity,” said Kan. Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. of FHA loans, 10.3%

Construction 444

Construction Government Inventory Mortgage 444

Housing Wire

JUNE 10, 2024

For every 50 basis point change in mortgage rates, the monthly payment for this house would change by $112.In housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. What’s not measured in the FHFA paper is how by 2023, seller volume had already been declining for nearly a decade.

Mortgage 370

Mortgage Inventory New Listings Sellers 370

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. What’s happening with inventory? Normally by this point in September, available inventory is declining slightly each week.

Inventory 486

Inventory Contracts New Listings Mortgage 486

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Inventories are rising across the country. in 2021, Freddie Mac reports.

Housing Market 395

Housing Market Marketing Supply Chain Real Estate 395

Hank Miller Team

DECEMBER 6, 2023

Given the pandemic fueled real estate market and historically low housing inventory, it can be difficult to understand why a home fails to sell. Yet, some sellers can’t find a buyer for their home. While the market cooled into late 2023, sellers still held sway in many regional and local markets.

Sellers 52

Sellers Buyers Agents Inventory 52

Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. There is a lot of demand out there, with very little inventory. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. It may be due to inventory levels continuing to drop. Be safe out there!

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. Census Bureau and the Department of Housing and Urban Development. First, total home sales should be 6.2

Mortgage 456

Mortgage Inventory Housing Market Construction 456

Hank Miller Team

SEPTEMBER 1, 2022

Properly priced homes still command attention despite the ongoing Atlanta area housing market adjustment. The data into the 3rd Qtr of 2022 will show the pull back and move toward a balanced market, but as with everything real estate related, the devil is in the details. Homes realistically priced continue to get attention.

Sellers 52

Sellers Buyers Real Estate Marketing 52

Lamacchia Realty

APRIL 5, 2023

Limits local government’s ability to restrict or overly regulate the use, density, or height of affordable housing developments while also encouraging the use of public property for the development of affordable housing with an expedited permitting process.

Law 55

Law Development Realty Government 55

Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. However, a decrease in new listings is helping to stave off even higher inventory. months of inventory available.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Hank Miller Team

AUGUST 14, 2022

All of the media outlets have already concluded the housing market is doomed. What if instead of the relentless, bombastic blathering emanating from the media, time was given for patterns to develop? What if the Atlanta real estate market isn’t going to crash? What if this is a period of adjustment and a return to normal?

Real Estate 40

Real Estate Marketing Contracts Inventory 40

Housing Wire

APRIL 25, 2023

You know, the one that says we have too much inventory and millions of vacant homes in the U.S.? I understand the lure of the housing 2008 story. In their haste, they miss the bigger picture of the housing market. It’s very sexy to talk gloom and doom about the housing market, but sometimes that doesn’t end well.

Inventory 472

Inventory Housing Market Construction Marketing 472

McKissock

APRIL 2, 2021

McKissock’s Unlimited Learning Membership is your one-stop, money-saving solution for all CE plus professional development. For additional info, see Redfin’s housing market update from last Friday. Fannie Mae is not developing new appraisal forms. Read the full story here. Learn more. “Nationwide, 39.2%

Appraisal 66

Appraisal Inventory Retail Development 66

Hank Miller Team

JULY 7, 2022

Probably not a bad question as the changes in quarter 2 of 2022 were dramatic, As the Fed fights rampant inflation, buyers are faced with dramatic rate increases and sellers with a comparative lack of activity. Both the stock market and national housing market went bonkers and home buyers were right in the middle of it all.

Appraisal 52

Appraisal Real Estate Agent Contracts Real Estate 52

Housing Wire

FEBRUARY 29, 2024

“Theoretically, new construction should be bolstered by the acute shortage of housing on the market,” Point2 said. However, with supply chain issues piling up and loan rates for builders continuing to rise, developers’ confidence is going in the opposite direction.

Inventory 400

Inventory Supply Chain Construction Buyers 400

Housing Wire

MAY 23, 2023

housing market. And with total active house listings in America near all-time lows, that is all we have for completed units for sale. From Census: New home sales: Sales of new single‐family houses in April 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly today by the U.S.

Inventory 518

Inventory Housing Market Construction Marketing 518

Birmingham Appraisal

JUNE 1, 2022

If financing were not an issue, and the buyer couldn’t care less about how their contract price compared to other similar properties, it would just be a matter of connecting the buyer with the seller and signing on the dotted line, but life isn’t always so easy.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

AUGUST 23, 2023

Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. I often use the term efficient home sellers to describe the home builders in this low inventory environment. What do I mean by efficient home sellers ?

Mortgage 366

Mortgage Inventory Construction Sellers 366

Housing Wire

AUGUST 23, 2021

A notable development: After a year of extremely tight housing inventory , the housing market is showing signs of finally adding housing stock. The inventory of unsold homes rose by 7.3% However, even with the availability of more homes on the market, inventory for homebuyers is down 12% from 2020 (1.5

Inventory 462

Inventory Housing Market Buyers Realtors 462