Housing Wire

JANUARY 29, 2024

2023 was the weirdest real estate market on record. We played mortgage rate ping-pong, had unprecedented low levels of inventory and still there were escalating prices. Always ask who they know who could use your help buying or selling real estate. Tim and Julie Harris host a podcast for real estate professionals.

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Real Estate Agent Real Estate Agents Inventory 441

Housing Wire

MARCH 13, 2024

Real estate is a vibrant, dynamic and competitive industry. Across the country, the best real estate coaches serve as valuable mentors who can help agents and brokers achieve the success they deserve. “It’s A quick internet search will prove that real estate coaching programs are plentiful.

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Real Estate Real Estate Agent Agents Training 432

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. Looking back on 2023, the inventory story was a big surprise even as mortgage rates headed toward 8%, as the data below will show. Weekly inventory change (Dec.

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Inventory New Listings Housing Market Mortgage 515

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Foster relationships with other real estate professionals, potential clients, and relevant service providers.

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Real Estate Agent Real Estate Agents Clients 441

Housing Wire

SEPTEMBER 16, 2023

What’s going on with housing inventory ? In reality, the volatility in housing inventory is due to the Labor Day holiday, the start of school and the fact that new listings are trending at the lowest levels ever. Weekly housing inventory Some of the volatility with new listings data has also hit the active listings data.

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Inventory New Listings Housing Market Mortgage 491

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. When you buy through our links, we may earn a commission.

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Housing Wire

JULY 6, 2023

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. In other words, if there were more inventory, we would have more sales happening.”

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Sacramento Appraisal Blog

AUGUST 15, 2022

The myth of six months of inventory being normal and dipping prices. UPCOMING (PUBLIC) SPEAKING GIGS: 8/25/22 State of Housing Brunch & Learn (sign up (for real estate community)) 9/08/22 SAFE Credit Union Market Update (details TBD) 9/15/22 Market update […]. Let’s talk about two things today.

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Inventory Real Estate Marketing Housing Market 396

Housing Wire

SEPTEMBER 10, 2023

Last week we saw a noticeable decline in new listings and active inventory was barely positive. Does this mean housing inventory has begun its seasonal decline? That said, I hope we extend inventory growth longer before the seasonal decline. Here are the numbers, according to Altos Research : Weekly inventory change (Sept.

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Housing Wire

AUGUST 14, 2023

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The stakes in real estate are higher, and the cost of making a mistake is substantial. Why was it such a game changer?

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Real Estate Real Estate Agent Marketing Technology 370

Appraisal Buzz

APRIL 3, 2024

over the next 12 months, according to Veros Real Estate Solutions quarterly VeroFORECAST report. Driving the increase is low housing inventory and resilient demand despite elevated mortgage rates, the firm says. The post Veros: Low Inventory Will Continue to Boost Home Prices Through 2024 appeared first on Appraisal Buzz.

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Inventory Real Estate Mortgage Appraisal 284

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. This squeezed inventory even further throughout 2022 and 2023, pushing home prices to record highs month after month.

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Sacramento Appraisal Blog

JANUARY 4, 2024

UPCOMING (PUBLIC) SPEAKING GIGS: 01/12/24 Prime Real Estate (private event (I think)) 01/17/24 Gateway Event (private) 01/30/24 Joel Wright & Mike Gobbi Event 9am (on Zoom here) 2/09/24 […] The post Real estate trends to watch in 2024 first appeared on Sacramento Appraisal Blog.

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Real Estate Housing Market Appraisal Marketing 324

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

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Real Estate Real Estate Agent Tools Agents 431

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

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Real Estate Agent Real Estate Agents Clients 432

Housing Wire

DECEMBER 6, 2023

Real estate transactions are rarely stress-free. This holds true for many of the most challenging situations in real estate. Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Even better?

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Real Estate Legal Tenants Clients 410

Housing Wire

DECEMBER 7, 2023

As the real estate market continues to grapple with high interest rates and low inventory, agents entering the market are looking for affordable client relationship management (CRM) tools that offer a cost-effective means to automate and manage client interactions.

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Real Estate Real Estate Agent Tools Agents 441

Housing Wire

AUGUST 31, 2023

Adam Wiener, Redfin ’s president of real estate services, is leaving the brokerage after nearly 16 years of service, CEO Glenn Kelman announced in an email sent to employees on Tuesday. Finally, he was in charge of Redfin real estate services revenue. His last day at the company will be Friday, Sept.

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Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

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Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. This can lead to longer listing times and increased competition for affordable homes, particularly if inventory is tight.

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Real Estate Agents Marketing Sellers 441

Housing Wire

AUGUST 20, 2023

Last week, mortgage rates hit a 21st-century high, the 10-year yield closed slightly higher than my peak forecast for 2023 , and housing inventory growth was still slow. Weekly housing inventory Mortgage rates have been near or above 7% for the last few months, and active listings growth has been slow during this tenure.

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Inventory Mortgage New Listings Sellers 370

Housing Wire

JUNE 19, 2023

It’s fair to say that almost everyone living in a home today worked with a real estate professional to purchase or mortgage their home. According to the latest data from Altos Research , the real estate market is experiencing unusual patterns in pricing, inventory and demand.

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Real Estate Business Clients Client Relationships 369

Housing Wire

MAY 31, 2021

And while housing demand is booming, the industry is still struggling with low inventory. The two companies featured in this section offer platforms that leverage technology so real estate professionals can provide excellent customer service. The post Real estate tech special reports appeared first on HousingWire.

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Real Estate Inventory Clients Technology 370

Housing Wire

NOVEMBER 13, 2023

Sellers, homebuyers turned to real estate agents for help The vast majority of buyers still used an real estate agent to purchase their home. While the housing market had limited inventory and home prices were in flux, buyers and sellers both increased their use of real estate agents,” Lautz said.

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Real Estate Agent Real Estate Agents Sellers 410

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. One thing that I have stressed is that higher mortgage rates can create a slowdown in demand and thus allow more inventory to accumulate through a weakness in demand. million to 1.93

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Inventory New Listings Housing Market Sellers 522

Sacramento Appraisal Blog

JANUARY 3, 2023

What’s the real estate market going to do in 2023? The post Real estate trends to watch in 2023 first appeared on Sacramento Appraisal Blog | Real Estate Appraiser. Nobody has a crystal ball, but here are some emerging trends. Scroll quickly or digest slowly.

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Real Estate Appraisal Marketing Inventory 393

Housing Wire

FEBRUARY 18, 2021

Investing in real estate. In 2020, home prices soared by nearly 10% to levels not seen since 2014, all while inventory dropped significantly. The high demand created a competitive market, but also a successful investment environment for real estate enthusiasts. More for Real Estate Enthusiasts.

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Real Estate Investing Marketing Home Value 527

Housing Wire

JANUARY 30, 2023

Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week. Weekly housing inventory There is, again, another downside report on weekly inventory, as inventory has fallen noticeably again this week from the week prior. However, it has now fallen again, and inventory decreased by 6,468.

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Housing Wire

SEPTEMBER 26, 2023

Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months.

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Housing Wire

MAY 27, 2021

A real estate agent at Compass Florida in Coconut Grove, Schechter has 12 years of experience in the real estate industry, so he’s familiar with its cyclical ups and downs. In certain neighborhoods, such as Coconut Grove and Coral Gables, we’re at 25-year lows in inventory, with buyer demand I’ve never experienced.”.

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Real Estate Agent Real Estate Housing Market Agents 473

Housing Wire

JULY 5, 2023

Gerli cites data from a company called AllTheRooms to make the case that the Airbnb /short-term rental market is “crashing” and it will have a big impact on inventory. In some markets there are now 2-3x more homes listed on Airbnb than for sale, a situation that has robbed the housing market for inventory,” Gerli wrote in an email.

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Inventory Housing Market Marketing Sellers 397

Miller Samuel

DECEMBER 2, 2021

I created a chart for the publication which compares month listing inventory trends across a number of the markets we cover for Douglas Elliman. click to expand image] The post Listing Inventory Trends In The Time Of COVID first appeared on Miller Samuel Real Estate Appraisers & Consultants.

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Inventory Real Estate Appraisal Marketing 395

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Weekly Housing Inventory A few weeks ago, I was encouraged that we had a slight increase in inventory and a small decline the following week. This week inventory fell 8,664 units from the previous week.

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Inventory Housing Market Marketing New Listings 466

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. So, let’s pull this string one layer deeper.

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Real Estate Sellers Technology Real Estate Agent 450

Appraisal Buzz

JULY 19, 2021

Housing inventory saw significant recovery for the second straight month in June, indicating that the market may be on the road to rebalancing after a long stint of being heavily in sellers’ favor, according to the latest Zillow Real Estate Market Report. Intense demand for houses over the course.

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Inventory Home Value Real Estate Sellers 370

Housing Wire

DECEMBER 3, 2020

Even prior to the pandemic , housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market.

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Inventory Housing Market Marketing New Listings 546

Housing Wire

DECEMBER 21, 2021

But in a real estate economy that has made destination cities out of the likes of Boise, Idaho and Manchester, New Hampshire, perhaps it’s no surprise that there is nothing dark or cold about the Anchorage housing market. Inventory is at an all-time low and demand is extremely high so we are still seeing bidding wars.

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