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Existing home sales data shows extent of housing inflation

Housing Wire

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Existing home sales have more legs to go lower, especially now that new listing data is falling. Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues.

Inventory 447
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Smart Tools for Success: Top Apps for Real Estate Investors

Listing Spark

In the first quarter of 2023 alone, real estate investors flipped 72,960 homes. In the real estate investment market overall, activity remains high and profitable—even reaching measurably above pre-pandemic levels. For both new and experienced real estate investors, this bodes well for the 2024 market.

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Be sure to label on the photo or video that your post is a new listing, as people may miss the caption while scrolling.

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29 Cutting-Edge Real Estate Marketing Ideas for 2024

Housing Wire

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. For real estate professionals, the changing landscape is a call to action.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. They have declined for two consecutive months, according to the National Association of Realtors®. But, in speaking to a political-affairs lobbyist for Washington Realtors®, the bill became “watered down.”

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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. But by how much?

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PREDICTIONS, PARKING, POLLUTED PIPES

Will Springer Realtor

Scott Real Estate. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% To a happy 2024! =