Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers.

Housing Market 428

Housing Market Realtors Buyers Inventory 428

Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. That’s a problem because mortgage LOs traditionally have not “forged as deep of inroads” with sellers’ agents.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

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.

Mortgage 457

Mortgage Inventory Housing Market Construction 457

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.

Buyers 448

Buyers Realtors Sellers Inventory 448

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.

Buyers 390

Buyers Sellers Agents Law 390

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. There are] a lot more buyers than there are sellers right now, causing an increase in purchase prices,” Buchbinder said. “A

Housing Market 406

Housing Market Marketing Inventory Buyers 406

Eppraisal

AUGUST 25, 2023

However, two significant hurdles that are currently prevalent are the combination of low housing inventory and high-interest rates. Sellers are more likely to take your offer seriously when they know you're financially qualified to make the purchase. However, exploring the market during off-peak seasons can present opportunities.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” Sellers want their listing broker to pay the buyer broker’s compensation because it will result in the most buyers being able to afford their house.” Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 389

Buyers Agents Loan Officers Real Estate 389

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. Tables have turned for some sellers.

Mortgage 401

Mortgage Sellers Contracts Buyers 401

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.

Inspection 400

Inspection Real Estate Agent Real Estate Insurance 400

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. The company’s commission is paid by the seller and buyers don’t pay any additional fees to use Orchard’s cash. Presented by: Salesforce.

Buyers 370

Buyers Investors Mortgage Valuation 370

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.

Real Estate 307

Real Estate Business Clients Client Relationships 307

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?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

SEPTEMBER 30, 2022

Presented by: FormFree. There is more inventory relative to demand, and deals can be found. It’s transitioning to a buyers’ market, as 20% of sellers had a price reduction in August 2022, compared with 11% a year ago,” said Rich Weidel, CEO at Princeton Mortgage. James Kleimann contributed to this report.

Buyers 450

Buyers Mortgage Loan Officers Retail 450

Raleigh Realty

FEBRUARY 2, 2022

Is the seller not willing to negotiate repairs? Working through repairs on the home inspection shouldn't be a battle, there should be a mutual understanding from both sides why a buyer is requesting certain repairs and why the seller may decline those repairs. As a buyer, always try to come to the seller from a kind, courteous place.

Inspection 158

Inspection Sellers Buyers Realtors 158

Realtor

OCTOBER 16, 2023

. “Many lenders, especially in more recent years, have started to charge hidden points in an effort to advertise a much lower mortgage rate to potential applicants,” warns Jason Gelios , author of “Think Like a Realtor” and a real estate agent with Community Choice Realty in South East Michigan. ” 8. .

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

APRIL 14, 2022

I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana. In a purchase market, he emphasizes strong communication with clients and referral partners, such as Realtors and financial planners. But Woodward struggled to originate purchase loans. “I Purchases were 38.5%

Mortgage 519

Mortgage Marketing Retail Lending 519

Cornerstone

JANUARY 18, 2022

Over the last year, many homeowners reaped the benefits of a seller’s market. Home prices appreciating at record levels, surging equity, tight inventory, and historically low mortgage rates gave homeowners the motivation to move into new homes that better fit their changing, often remote, lifestyles. Reading Time: 4 minutes.

Sellers 49

Sellers Inventory Business Loan Officers 49

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. Home Buyer Profiles The number of first-time home buyers is growing substantially , according to the National Association of Realtors.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Chicagoland Appraisal Blog

JULY 13, 2017

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Housing Wire

DECEMBER 26, 2022

The three categories I’ll cover will be the weekly purchase application data, the Altos Research weekly inventory data , and what the bond market/ mortgage rates did recently. Housing market inventory. Altos Research data shows that the weekly inventory fell from 521,957 to 507,934 last week. 15 to 6.32% today, Dec.

Housing Market 493

Housing Market Marketing Inventory Mortgage 493

Listing Spark

APRIL 27, 2023

Their services can help homes sell faster and for more money, making it a worthwhile investment for sellers. Staging can also involve consulting with homeowners on occupied properties and providing a balance between their belongings and supplementary inventory. [00:04:11

Design 36

Design Real Estate Buyers Sellers 36

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. In a market this competitive, a seller has an advantage. Housing prices have increased.

Clients 62

Clients Sellers Loan Officers Real Estate 62

Housing Wire

OCTOBER 5, 2021

Housing market inventory is low right now. According to the National Association of Realtors’ existing home sales report in August, inventory was down 13.4% As an agent I would go through extensive efforts to increase the inventory for my clients. Historically low. compared to a year prior.

Real Estate Agent 414

Real Estate Agent Real Estate Agents Marketing 414

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. Top Ranked Realtors: Paige Martin & The Houston Properties Team. We use data to create custom solutions for our clients, present this to them, and have candid conversations on what they should do given the situation. 2020 ended favoring sellers. Do You Want To Buy A Home Now?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023.

Bracketing 60

Bracketing HOA Sellers Buyers 60

Housing Wire

MARCH 25, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. Presented by: Propertybase. Low inventory, high trash-talking at RE/MAX.

Brokerage 404

Brokerage Agents Real Estate Agent Real Estate 404

PennyMac

DECEMBER 22, 2020

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. During the appraisal, a licensed appraiser will take inventory of major systems (i.e., 10 Steps to Buying REO Properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Housing Wire

OCTOBER 12, 2022

“Given the ongoing tension between potential homebuyers and home-sellers at the moment, we believe the pace of sales is likely to slow even further, too,” he added. million, according to the National Association of Realtors. Presented by: Polly. Still, this was a further decline from July, and sales were down 19.9%

Contracts 414

Contracts Modernization Housing Market Mortgage 414

Housing Wire

FEBRUARY 14, 2022

In July, the National Association of Realtors reported that 87% of its over 1.5 Living on commissions often means getting paid more for convincing a buyer to increase their acceptable price range or coaxing a seller to hold out for a more lucrative deal. million members are independent contractors. It was as boring as it sounds like.

Business 369

Business Brokerage Real Estate Agent Agents 369

Housing Wire

APRIL 20, 2022

As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. It is the quality of your presentation that is so important.

Real Estate Agent 400

Real Estate Agent Real Estate Agents Brokerage 400

Cornerstone

MARCH 3, 2021

Though we’re currently in a seller’s market, it’s still vital to set the right price for your home if you want it to sell profitably — and fast. Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Reading Time: 3 minutes. are anticipated to rise by 4.5 Ready to sell?

Sellers 55

Sellers Bracketing Buyers Inventory 55

Lamacchia Realty

JULY 26, 2023

This Lamacchia Mid-Year Housing Report presents overall home sale statistics as of the first six months of 2023 compared to the same period last year, January 1 st to June 30 th , 2022. To learn more about inventory, click on the chart on the right. times what they were during the pandemic.

Sellers 57

Sellers Inventory Buyers Contracts 57

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Why We're Fearful: Buyer & Seller Mistakes. Best Houston Realtors: Paige Martin & The Houston Properties Team. Best Houston Realtors: Paige Martin & The Houston Properties Team. Table of Contents.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36