Housing Wire

DECEMBER 22, 2020

million, according to a report from the National Association of Realtors on Tuesday. At the end of November, housing inventory declined yet again, totaling 1.28 Housing inventory hit another record low in November, totaling 2.3 months worth of inventory. A year ago, inventory was at 3.7 Presented by: WFG.

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Housing Wire

APRIL 23, 2021

A National Association of Realtors’ report from 2020’s end found the highest volume of home sales since 2006. But the NAR reported this week that home sales in March fell for the second month in a row as inventory plunged and home prices climbed to record levels. Presented by: Citibank. But with a third of U.S.

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Inventory Housing Market Realtors Marketing 441

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Factors like location and condition of the property and the market demand for REO and other existing home sales, impact the current landscape for REO assets.

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Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. Unsold inventory sits at a 2.5-month

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Housing Wire

MAY 27, 2021

As rates rise, demand wanes and builders can catch up on the few months of inventory left for hungry borrowers. Presented by: Computershare Loan Services. The falling number of homeowners in mortgage forbearance will also bring about more inventory.”. If new home sales don’t grow, housing construction will slow down.

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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. Total housing inventory at the end of October was 1.22 Total housing inventory at the end of October was 1.22 ”

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Housing Wire

NOVEMBER 19, 2020

On the flip side, the measure may also free up much-needed inventory in the state, as it protects senior homeowners who want to sell their current home and downsize, but have been afraid of much higher taxes. The measure, which was supported by the California Association of Realtors (to the tune of $35.7 Presented by: CoreLogic.

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Housing Wire

SEPTEMBER 23, 2021

Khater said that homebuyers are soaking up all available inventory, which has improved slightly, while home-price growth is also moderating. Presented by: CoreLogic. Housing demand is strong heading into the fall, despite fast-rising home prices and low inventory,” said Kan.

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Mortgage Inventory Construction Technology 450

Housing Wire

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. Presented by: WFG. Year-over-year, contract signings increased by 16.4%.

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Contracts Inventory Realtors Government 534

Eppraisal

AUGUST 25, 2023

However, two significant hurdles that are currently prevalent are the combination of low housing inventory and high-interest rates. Define Your Priorities With limited inventory, it's essential to have a clear understanding of your priorities. However, exploring the market during off-peak seasons can present opportunities.

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Housing Wire

OCTOBER 28, 2021

“It’s worth noting that there will be less inventory until the end of the year compared to the summer months, which happens nearly every year.”. Yun expects inventory levels to pick up again in 2022 and that buyers who have temporarily paused their search will return to the market in the new year. Presented by: Auction.com.

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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. Presented by: MCS . Housing inventory in the Des Moines housing market is tight. I haven’t had anybody so far downsize.”.

Housing Market 441

Housing Market Marketing Realty Realtors 441

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. Unsold inventory sits at a 2.0-month

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Housing Market Marketing Inventory Mortgage 490

Housing Wire

NOVEMBER 12, 2020

According to the National Association of Realtors 2020 Profile of Home Buyers and Sellers, 47% of potential homebuyers said student loan debt was the biggest obstacle in saving for a downpayment. Over the course of this year, home prices have continued to tick upward due to low inventory and high demand. Presented by: FormFree.

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Buyers Realtors Sellers Inventory 456

Housing Wire

SEPTEMBER 13, 2021

Presented by: Nomis Solutions. This limited inventory and strong demand is reflected in the 14% increase of the median home-sale price to $358,250, with the median asking price of newly listed homes at $353,500. (It Also noted as seasonally typical is the 16% decline in new home listings from the 2021 peak in June.

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Housing Market Marketing Inventory Brokerage 538

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. Presented by: TMS. Buffalo saw 107% net inflow in the third quarter this year, and 34.4% As of Wednesday, there were eight.

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Housing Wire

APRIL 28, 2022

Despite the acute inventory shortage, the National Association of Realtors estimated this week that 5.6 Additionally, while rising 30-year mortgage fixed interest rates fuel the present evisceration of the mortgage refinancing industry , “Demand is higher than supply,” Schneider said, due in part to demographic changes.

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Housing Wire

SEPTEMBER 29, 2022

according to data released Wednesday by the National Association of Realtors. Presented by: Evocalize. According to Yun, limited inventory and almost non-existent distressed property sales have supported home prices, which he predicts will rise by 9.6% Pending home sales continued to drop in August, recording a 1.0%

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Contracts Realtors Inventory Marketing 366

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. Presented by: Fannie Mae. For a time, Colorado Springs became the de facto destination for buyers priced out of living in Denver.

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Housing Market Marketing Real Estate Agent Buyers 542

Housing Wire

AUGUST 31, 2021

With little inventory, home-price growth in the U.S. “While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper on price growth,” said CoreLogic Deputy Chief Economist Selma Hepp. Presented by: Flueid. “We annually to $359,900.

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Housing Market Inventory Buyers Real Estate 441

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

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Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house.

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Inspection Real Estate Agent Real Estate Insurance 405

Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” There will likely be fewer Realtors, the sales volume will be handled by fewer Realtors. Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs. I think listing agents are going to win.

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Buyers Agents Loan Officers Real Estate 393

Housing Wire

OCTOBER 26, 2023

After filing a motion for a mistrial Wednesday morning, citing several grievances including “vulgar” footage from a Tom Ferry podcast featuring Allan Dalton and references to the Department of Justice’s investigation of the National Association of Realtors (NAR), defendant HomeServices of America learned it didn’t get its way.

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Buyers Sellers Agents Law 393

Housing Wire

JUNE 19, 2023

According to the latest data from Altos Research , the real estate market is experiencing unusual patterns in pricing, inventory and demand. The data shows that home prices have held steady even in an environment with higher mortgage rates , in large part because inventory continues to be at near record low levels.

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Housing Wire

MAY 17, 2022

Cash buyers made up 28% of all home purchases in March, a rise of five percentage points from the same month in 2021, according to the National Association of Realtors. Presented by: Salesforce. “It has never been more difficult for first-time buyers to purchase a home,” said Court Cunningham, chief executive officer of Orchard.

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Buyers Investors Mortgage Valuation 370

Housing Wire

JUNE 6, 2022

The Mortgage Bankers Association, Housing Policy Council, National Association of REALTORS and the American Bankers Association agreed a 40-year loan modification should be a permanent fixture in the administration’s loss mitigation handbook, suggesting it would benefit FHA borrowers and the administration. Presented by: Stavvy.

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Insurance Mortgage Realtors Housing Market 421

Housing Wire

APRIL 14, 2022

“As Americans contend with historically high inflation, the combination of rising mortgage rates, elevated home prices and tight inventory are making the pursuit of homeownership the most expensive in a generation.” Presented by: RMF.

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Mortgage Government Renovations Buyers 421

Housing Wire

MAY 18, 2021

For as long as Jim Pullin has been a realtor in Seattle, the Pacific Northwest city has always been a popular moving destination. But when inventory dropped to a third of its normal amount, everything changed. Presented by: Citi. But the past three years — and 2020, specifically — have been something else.

Real Estate 440

Real Estate Marketing Real Estate Agent Agents 440

Housing Wire

MAY 23, 2023

At Tavant , they’re taking a look at the past and present of appraisals to prepare for a better future. In the past, real estate data was hidden behind paywalls and subscriptions, and any consumer who wanted to know what was available or what a home sold for had to reach out to a Realtor.

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Technology Appraisal Lending Valuation 362

Housing Wire

JUNE 17, 2021

“People moving into Phoenix from California, Oregon, Washington and even the Midwest are flooding the market, depleting inventory and pushing up prices,” said Vincent Shook, a Redfin agent based in Phoenix. Presented by: Radian. Prices in Las Vegas (up 18.4% to $355,000) and Miami (up 24.3%

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Housing Market Real Estate Marketing Realtors 450

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. Six months ago, if someone would’ve given a contingent offer, they would’ve gotten laughed at,” Davidson said.

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Mortgage Sellers Contracts Buyers 407

Housing Wire

SEPTEMBER 30, 2022

Presented by: FormFree. There is more inventory relative to demand, and deals can be found. The other issue is that many Realtors are still dreaming about having buyers fight over the properties and use that as a point of sale – but whether they succeed or not, that’s another question.”.

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Buyers Mortgage Loan Officers Retail 458

Housing Wire

MARCH 15, 2024

Getting referrals and cozying up to the sell side Mike Kortas, CEO at NEXA Mortgage , sent a clear message to the over 2,300 mortgage LOs at his mortgage brokerage: “Keep your eyes open, keep your ears open, listen for opportunities that are going to present themselves, and be ready to assist more buyers.

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Housing Wire

MARCH 13, 2024

Finally, their Fast Track program offers 12 interactive group coaching sessions designed to help new agents build the necessary skills to succeed — like mastering listing presentations and handling objections. Known as the “Real Life Realtor,” she’s the brain behind Real Life Real Estate Training. Who’s it Best For? Who’s it best for?

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Real Estate Real Estate Agent Agents Training 431

Housing Wire

OCTOBER 23, 2020

While the Palm Beach housing market has not seen a lot of bidding wars, Koch said that a lot of the inventory has been absorbed and properties are getting multiple offers. Presented by: NAMB. Grubb, the president of Grubb Company Realtors , said that even though people are moving into his communities, people are moving out, too.

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Housing Market Marketing Real Estate Agent Real Estate 536

Empire Appraisal Group

JUNE 22, 2022

Florida Realtors economist : In 1Q 2022, half of new Fla. ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market. But sometimes, one number can’t present the entire story. © 2022 Florida Realtors®. By Erica Plemmons.

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