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Zillow: Luxury housing market slowed in April

Housing Wire

The luxury housing market lost momentum in April as financial uncertainty prompted many high-end buyers and sellers to hold off on transactions, according to a new report from Zillow. Defined as the top 5% of home values in each region, the typical luxury home in the U.S. is now valued at about $1.8

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Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

Home values are forecast to tick up 2.2% Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Fannie Mae , on the other hand, suggests that its unlikely that the 2025 housing market will deviate from its current norms. million in 2025.

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Zillow Reveals 2024’s ‘Most Desirable’ Cities 

Appraisal Buzz

For the second consecutive year, Zillows ranking of the most popular markets was dominated by Northeastern cities. While only one West Coast market, which led the way in 2021, made it into the top 10, the Midwest also performed well. As a result, average home values have increased by 7.3% to $415,000 in the last year.

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30 must-have real estate text message scripts to convert leads and close deals

Housing Wire

Script 1: Initial outreach to sellers Hi [Name], I noticed your home on [Street Name] and wanted to check if you’ve considered selling. I’d love to provide a free market analysis to show you what your home is worth! Script 3: Engage with expired listings Hi [Name], I saw your home is no longer on the market.

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Spring Housing Inventory Jumps, But Buyers Remain Hesitant Amid Economic Turmoil 

Appraisal Buzz

As more properties came ontothe market and overall inventory increased for the 17th consecutive month, the U.S. housing market showed signs of a sustained recovery this spring, according to Realtor.com s March Housing Trends Report. Were seeing a market thats rebalancing, offering more choices for shoppers. 2024 Change over Mar.

Inventory 335
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Luxury Home Prices Increased in April Despite Slowing Sales

Appraisal Buzz

Sales of luxury homes slowed in April — but that didn’t stop luxury home prices from rising: According to recent report from Zillow , luxury home market values were higher than April last year in all major metros except Austin, Tampa and Miami. Despite the slowdown, luxury home values increased 2.7%

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Lets dive in!