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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 458
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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

According to a 2022 tech survey conducted by the National Association of Realtors ® (NAR), a growing number of real estate agents attest to social media’s positive impact on their business. 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. Ideal for realtors looking for functionality without a big price tag.

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Smart Tools for Success: Top Apps for Real Estate Investors

Listing Spark

Modern real estate investment apps allow you to assess the market in real time, communicate at lightning-fast speeds with other parties in your organization, and get business done faster than ever right from your phone. HAR: The Houston Association of Realtors maintains HAR.com, a website and app focused on local listings.

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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. The 802 new listings last month were a low not seen since records were archived online from 1990. List price: $6.499M ($1161/sq.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY).

Buyers 36
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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. The few homes that are available are selling quickly and at or above list price.”

Sellers 36