Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This rapid increase in prices, coupled with local housing inventory dropping over 50% in 2021, has meant times are tough for buyers looking to settle in Bluffton. Bluffton, South Carolina.

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Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side.

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Housing Wire

MARCH 12, 2021

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. But the company’s growth, especially as it gains country-wide brokerage status, is worrying some real estate agents.

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Housing Wire

NOVEMBER 16, 2020

But the virus has had anything but a negative impact on real estate in El Paso. 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. Interest rates were so low, at 2.5%

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McKissock

OCTOBER 27, 2021

Good news for agents working with first-time home buyers on a budget: after nearly two years of ultra-low inventory and rising property values, small, affordable homes are starting to hit the market at a steady rate. 1: The shift presents an opportunity for new real estate agents to hit the field.

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Eppraisal

MARCH 18, 2022

The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." Be sure to do your research and find an agent that specializes in working with buyers.

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Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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Housing Wire

AUGUST 18, 2023

Arrogance is when they won’t listen to comps and have reasons other than real value to try to justify their price. Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. How would it compare in the eyes of the buyer?

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McKissock

MARCH 1, 2021

In 2002, when Dara Alperen Cipollone purchased her first home in East Boston, her real estate agent suggested she would be a great fit for residential sales. FREE GUIDE : Become a social media master with this free ebook, Social Media Toolkit for Real Estate Agents.

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Eppraisal

OCTOBER 2, 2021

It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent. The real estate markets in 2020 and so far in 2021 have been like no other.

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Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further.

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Birmingham Appraisal

JUNE 1, 2022

Because real estate agents and appraisers are striving for similar results (estimating accurate value) we can all gain valuable insight from the same market data. Granted, the job of a real estate agent is to get the highest price for their client, but they must still live in the real world by studying historical sales trends.

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Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.

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Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At We are still going to suffer from lack of inventory.”

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Housing Wire

JANUARY 10, 2024

To generate real estate leads, SmartZip employs predictive analytics that sifts through consumer data from sources like credit card companies, market data from MLS and other demographic data. Real estate agents using SmartZip gain immediate access to its CRM populated with the data. housing industry.

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Listing Spark

OCTOBER 13, 2022

How to vet real estate agents as a seller. There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. New listings are down 6%, so there are less homes coming onto the market than there were this time last year.

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Housing Wire

AUGUST 1, 2023

Zillow and Redfin’s partnerships come at a time when buyers are increasingly turning to new construction due to a rate lock-in effect caused led by high mortgage rates. New single-family home sales rose 23.8% in June from a year ago while the market saw 28% fewer new listings added during the same period.

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Housing Wire

JUNE 21, 2021

Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. year-over-year.

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Appraisal Today

MARCH 8, 2024

What does it do for its members now that it’s no longer required for most real estate agents? Other sources of housing data are showing increases in new listings, which is a real positive for the spring buying season given the lack of for-sale inventory.” percent of total applications from 31.2

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Listing Spark

NOVEMBER 6, 2023

Factors like low inventory, high competition, and even the tools you use to navigate the market all factor into how quickly you can find properties you want to purchase. Related: Texas Real Estate Trends: Q3 2023 Comprehensive Review Typically, only licensed real estate agents can access the MLS.

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Empire Appraisal Group

JANUARY 4, 2023

The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. As the thinking goes, buyers and sellers often want to get their transactions closed by summer, especially if they have children starting at new schools in September. It would take just 3.3

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Cleveland Appraisal Blog

JANUARY 5, 2023

I’ve noticed recently that when I call real estate agents to confirm information about properties I am using in my appraisal, almost every agent answers their phone and if they don’t, even if I don’t leave a message, they call me back. Something else to watch is housing inventory.

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Housing Wire

JANUARY 20, 2021

While housing continues to help lead the economy forward, limited inventory is constraining more robust growth,” said NAHB Chief Economist Robert Dietz. “A Inventory has been an issue for real estate agents and brokers since early 2020, as well. Even prior to the pandemic , housing inventory had hit record lows.

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Will Springer Realtor

OCTOBER 8, 2021

The Foundation for Community Association Research indicates the number of new condominiums and homeowner associations is expected to add 4500 this year to the existing total of 344,500, or about 25% of all U.S. New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3%

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Will Springer Realtor

OCTOBER 11, 2022

Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. New listings and housing supply are on the rise as buyer activity took a dive in September, based on the latest assessment of data from the Northwest Multiple Listing Service. months’ inventory.

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