Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

Inventory 473

Inventory Marketing Housing Market New Listings 473

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. million and 6.16

Housing Market 490

Housing Market Marketing Inventory Mortgage 490

Housing Wire

SEPTEMBER 13, 2021

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. Why today’s housing market makes speed and agility crucial for lenders. Why today’s housing market makes speed and agility crucial for lenders.

Housing Market 538

Housing Market Marketing Inventory Brokerage 538

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 403

Inventory Agents Real Estate Sellers 403

Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. housing market for 2020 to 2024 is that home prices could escalate to an unhealthy level. The post Existing home sales data: A bad sign for housing market? Already a member?

Housing Market 541

Housing Market Marketing Inventory Realtors 541

Housing Wire

SEPTEMBER 22, 2022

Economists at Fannie Mae say the Federal Reserve ‘s fiscal policy is having its desired effect on the housing market – home price growth began to slow in the summer, and the GSE says the housing slowdown will continue through 2023. The mortgage market is projected to slip further to $2.17 trillion in 2022.

Housing Market 410

Housing Market Supply Chain Marketing Inventory 410

Housing Wire

APRIL 22, 2021

According to the National Association of Realtors, March’s existing-home sales came in at 6.01 For the housing market, the COVID crisis started in earnest the week of March 23, as that is the last week we saw positive year-over-year data in 2020 before COVID-19 really took us for a ride. From NAR: My biggest fear for the U.S.

Housing Market 539

Housing Market Marketing Realtors Inventory 539

Housing Wire

MAY 5, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S. lower than it was in March 2021.

Housing Market 370

Housing Market Marketing Inventory Buyers 370

Housing Wire

MARCH 18, 2021

One example is Colorado’s housing market, which has seen the effects of an insanely competitive market combined with low inventory push buyers into secondary cities – and sometimes, beyond. So, how are Pueblo real estate agents handling the unprecedented housing market activity?

Housing Market 542

Housing Market Marketing Real Estate Agent Buyers 542

Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

Inventory 522

Inventory New Listings Housing Market Sellers 522

Housing Wire

MARCH 13, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. It is still kind of a weird market, but it is going back to a little bit more normal.” Given the current market, my business is at least about 60% renters and the other 30% to 40% is buyers and sellers,” Tsai said.

Housing Market 361

Housing Market Marketing Tenants Buyers 361

Housing Wire

NOVEMBER 18, 2022

“More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”.

Housing Market 414

Housing Market Marketing Inventory New Listings 414

Housing Wire

JUNE 22, 2021

These are the words real estate agents use when asked to describe the current state of the market and what it’s like to buy a home today. Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Lack of inventory. We don’t have any inventory.

Housing Market 436

Housing Market Real Estate Agent Marketing Inventory 436

Housing Wire

APRIL 30, 2021

But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on.

Housing Market 543

Housing Market Marketing Real Estate Real Estate Agent 543

Housing Wire

DECEMBER 10, 2020

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight. Now it’s under $300,000.”.

Housing Market 441

Housing Market Marketing Realty Realtors 441

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Tightened supply was largely responsible for a 10.6% respectively.

Inventory 500

Inventory Contracts Housing Market Buyers 500

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

Housing Market 421

Housing Market Marketing Loan Officers Mortgage 421

Housing Wire

MAY 7, 2024

The official magazine for the National Association of Realtors (NAR) recently touched on the topic of reverse mortgages, mentioning products such as the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) and addressing topics like the desires of baby boomers to age in place in their homes.

Mortgage 439

Mortgage Real Estate Agent Inventory Housing Market 439

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Bluffton, South Carolina. in 2021 to $330,745.

Housing Market 397

Housing Market Marketing Real Estate Agent Real Estate 397

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. This is what I call a supply-constrained market. “In Just because there’s vacant homes in the U.S.

Inventory 465

Inventory Renovations Real Estate Government 465

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. I’ve had many conversations with clients of mine from late April through early July, the market was total pandemonium. 1, and runs through May 1.

Housing Market 536

Housing Market Marketing Real Estate Agent Real Estate 536

Housing Wire

MARCH 26, 2021

But the East Coast seaside town was gaining popularity way before then – millennials , especially, began flocking to the Portland housing market in 2020 to take advantage of the city’s growing startup scene of biotechnology , bioscience and biopharma. A balanced market, Davin said, requires five to six months.

Housing Market 466

Housing Market Marketing Real Estate Inventory 466

Housing Wire

JULY 25, 2022

Our local market feature spotlights five different areas across the country for each HousingWire Magazine. Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Rapid City, South Dakota. Rapid City, South Dakota. Los Angeles, California.

Housing Market 349

Housing Market Marketing Real Estate Real Estate Agent 349

Inman

MAY 8, 2024

Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday.

Housing Market 148

Housing Market Inventory Realtors Marketing 148

Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.” trillion in 2023 will look awfully rosy.

Housing Market 370

Housing Market Marketing Mortgage Buyers 370

Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. San Diego, California. But overall demand is on the rise.

Housing Market 365

Housing Market Marketing Real Estate Agent Agents 365

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% All four U.S.

Inventory 490

Inventory Housing Market New Listings Buyers 490

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. rise in houses sold in the same timeframe – from 670 to 940. Combined with interest rates that began around 2.5%

Housing Market 421

Housing Market Real Estate Agent Marketing Real Estate 421

Housing Wire

OCTOBER 1, 2021

But for the past 12 months, the metro’s housing market has been in complete chaos. “It The Provo-Orem market is growing at a faster rate per capita than really anywhere else in the state of Utah, including our capital, Salt Lake City.”. above the list price and sat on the market about 11 days before going pending.

Housing Market 421

Housing Market Marketing Agents Real Estate 421

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market.

Inventory 359

Inventory Marketing Business Buyers 359

Housing Wire

NOVEMBER 6, 2020

That renewed interest is being felt on the ground, according to Keller Williams Realtor Danielle Buchbinder. Inventory is too low, people need to decide to sell their houses,” Buchbinder told HousingWire. We’ve had a lot of people move up from the Brooklyn area buying houses, building businesses.”. “I Presented by: TMS.

Housing Market 407

Housing Market Marketing Inventory Buyers 407

Housing Wire

NOVEMBER 30, 2023

in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). Historically high rates harmed the housing market in October Annualized existing home sales remained below 4 million in October, the lowest rate since 2010. down from 72.6 in September.

Housing Market 473

Housing Market Inventory Realtors Construction 473

Housing Wire

JULY 28, 2022

But they do agree on one thing: Higher interest rates will quell housing demand, which will allow inventory to rebound and, eventually, spur the return of reluctant buyers. If mortgage rates peak, Fratantoni said, “potential buyers who had been scared off by the rate spike, might find their way back to the housing market.”.

Housing Market 305

Housing Market Marketing Loan Officers Buyers 305

Housing Wire

MAY 27, 2021

Like new and existing sales, pending home sales felt the strain of exhausted home inventory in April ? according to Thursday data from the National Association of Realtors. The upper-end market is still moving sharply as inventory is more plentiful there.”. dropping 4.4% from the previous month to an index of 106.2,

Inventory 441

Inventory Realtors Contracts Marketing 441

Housing Wire

DECEMBER 20, 2023

million, according to the National Association of Realtors. Housing inventory fell 1.7% Meanwhile, unsold inventory sat at a 3.5-month The median existing-home price for all housing types in November was $387,600, down from $391,800 in October but up 4% from November 2022’s $372,700. Existing-home sales grew 0.8%

Inventory 407

Inventory Housing Market Realtors Buyers 407

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. Pending home sales rose 8.3% in November.

Contracts 458

Contracts Housing Market Construction Inventory 458

Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. In addition, 69% of Realtors surveyed reported having a website. The post Realtors still get most of their leads from Facebook appeared first on HousingWire.

Realtors 473

Realtors Agents Technology Brokerage 473