Remove Download Remove Marketing Remove New Listings Remove Sellers
article thumbnail

Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market.

article thumbnail

The mortgage rate lock-in didn’t start in 2022

Housing Wire

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. That’s a swing of 17% fewer sellers in just a matter of days. The lower rates go, the fewer home sellers we have.

Mortgage 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. New listings each week, which were record few last year, are growing now. There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market.

Sellers 409
article thumbnail

Altos: More sellers and price reductions, but fewer homebuyers

Housing Wire

We still see more sellers than last year. Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. The housing market data has been changing very rapidly this year. of the homes on the market that have taken a price cut.

Sellers 437
article thumbnail

The strong spring real estate market will surprise you: Altos

Housing Wire

Could the housing market change and slow again in 2024? The data does not show any slowing on any of the active market metrics. Sellers are coming back There are 499,000 single-family homes unsold on the market now. Sellers are coming back There are 499,000 single-family homes unsold on the market now.

article thumbnail

Promising signs abound for 2024 housing market

Housing Wire

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. housing market in 2024.

article thumbnail

Altos: Housing inventory could grow 40% this year

Housing Wire

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. Second, because people think of home sellers as being locked-in by high interest rates. But the evidence is the opposite.

Inventory 508