Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. In 2018-2019, total housing inventory was in the range between 1.52 million and 1.92

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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

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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Housing Wire

FEBRUARY 14, 2024

Total inventory was up more than 3% from January 2023. Meanwhile, the flow of new listings to the market last month was up 43% from December and up 5.8% Phoenix also appeared as an abundantly supplied market in January, according to Zillow. year over year.

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Housing Wire

JANUARY 10, 2024

Between leveraging your personal network, filming YouTube videos and even the unpleasant task of cold prospecting, real estate professionals today wear all the hats. In one moment, you may be a content creator, and in the next, a customer service agent, administrative assistant, marketing strategist, copywriter and editor — all in one.

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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. Now, with over a decade of experience in the real estate profession, these skills have made her the go-to Millennial real estate expert at RESIS.

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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. The median listing price rose slower in July than the month before, keeping the median housing price in the U.S.

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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

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. Tim and Julie Harris host a podcast for real estate professionals.

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Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. How to vet real estate agents as a seller. There is more inventory available and home sales are down.

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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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Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. 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.

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Birmingham Appraisal

JUNE 1, 2022

In Real Estate It’s All About What’s Happening Now. This can happen in the real estate market as well. 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.

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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. Cleveland – Residential construction and real estate activity declined further.

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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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Appraisal Today

MARCH 8, 2024

But backing up, part of the fun of working in real estate is figuring out how to answer questions like this in a way that is balanced and hopefully reflective of the sentiment in the marketplace. Advice for residential real estate appraisers In summary, appraisers must strike a balance in today’s housing market.

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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

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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Listing Spark

NOVEMBER 6, 2023

Real estate markets across the country are normalizing, but the industry is still incredibly profitable for new and experienced property investors. Texas continues to represent one of the strongest markets, home to two of the top ten cities for real estate: Dallas/Fort Worth and Austin.

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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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Will Springer Realtor

OCTOBER 8, 2021

Puget Sound Business Journal this month described Bellevue’s real estate market as “arguably the West Coast’s hottest.”. We already anticipate 25,000 new Amazon employees to be based in Bellevue within a few years, but nearly every week a company is announcing the addition of 500 workers here or 1500 workers there. 1 vs. Sept.

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Housing Wire

JANUARY 20, 2021

How to gain more listing visibility in a shifting housing market. As real estate professionals strategize on how to do business in 2021’s competitive, fast-paced housing market, they’ll discover the need for better tools to market their listings. Even prior to the pandemic , housing inventory had hit record lows.

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Will Springer Realtor

OCTOBER 11, 2022

The Fed is determined to cool inflation, and they’re willing to throw housing under the bus to do so,” Devyn Backman, senior researcher at John Burns Real Estate Consulting, told realtor.com. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. Dining out.

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