Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates,” Lawrence Yun, NAR’s chief economist, said in a statement. from November to a pace of 4.02 A total of 5.03

Inventory 352

Inventory Housing Market Realtors Buyers 352

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. Per the report, homes that sold had five offers on average , and nearly 50% of homes sold for more than their list price during the four weeks ending May 16. Mortgage purchase applications also decreased 4% week over week.

Realtors 479

Realtors Buyers Housing Market New Listings 479

Housing Wire

FEBRUARY 23, 2024

Existing home sales showed a jump in sales, which was anticipated by most as we had positive, forward-looking housing data due to mortgage rates falling from 8.03% to 6.63%. This is nothing dramatic, but similar to what we saw in 2023 when mortgage rates rose from 5.99% up to 7.25%. From NAR : Total existing-home elevated 3.1%

Inventory 443

Inventory Mortgage New Listings Marketing 443

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. As mortgage rates rose more and more, the October to January data was going to show big negative prints.

Inventory 471

Inventory Marketing Housing Market New Listings 471

Housing Wire

SEPTEMBER 22, 2022

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

Inventory 451

Inventory Housing Market New Listings Mortgage 451

Housing Wire

MARCH 12, 2021

Trulia and the National Association of Realtors are also named in the suit. Zillow now has brokerage licenses in all 50 states , which has allowed it to transition from being a listing distribution partner to a member of NAR and local Realtor associations, giving the company access to Internet Data Exchange (IDX) feeds.

Real Estate 476

Real Estate Brokerage Realtors Real Estate Agent 476

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% All four U.S.

Inventory 485

Inventory Housing Market New Listings Buyers 485

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from the same time last year. .

New Listings 413

New Listings Realtors Real Estate Inventory 413

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. That’s the largest year over year existing home sales decrease since 2007. ”

Housing Market 402

Housing Market Marketing Inventory New Listings 402

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Empire Appraisal Group

JUNE 22, 2023

Why Few Listings? 82% Have a Mortgage Rate Below 5% Source: [link] By Kerry Smith Homeowners don’t want to lose a mortgage rate that saves them hundreds of dollars a month. And of today’s owners with a mortgage, 1 in 4 enjoys a rate less than 3%. Rates for current homeowners with a mortgage Below 6% : 91.8%

Mortgage 78

Mortgage Sellers Buyers New Listings 78

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Viescas added that, in El Paso County, there were 2,520 active Realtors as of Nov. Thank goodness Realtors were deemed essential.”.

Housing Market 418

Housing Market Real Estate Agent Marketing Real Estate 418

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% million existing homes were sold, according to the National Association of Realtors.

Mortgage 415

Mortgage Inventory Investors New Listings 415

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 365

Mortgage Real Estate Inventory Construction 365

Housing Wire

MAY 20, 2022

According to the Hilton Head Area Association of Realtors , the median home sale price jumped 15.3% According to McGrath, out-of-town buyers and local move-up buyers taking advantage of low mortgage rates have decimated the area’s housing supply. However, this growth has come at a cost. in 2021 to $330,745. “It

Housing Market 380

Housing Market Marketing Real Estate Agent Real Estate 380

Empire Appraisal Group

SEPTEMBER 8, 2022

Nowhere in Sight | Florida Realtors. The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. NEW YORK – The rock-hard foundation of the U.S. Or to discourage mortgage brokers from lending. Nowhere in Sight.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Movoto

MARCH 8, 2024

Interest Rates The average interest rate for a 30-year fixed mortgage started the month at 6.94%, which is at the low end of the 52-week range. When mortgage rates drop, they should do so before any cuts are made to the federal funds rate. Mortgage rates are expected to fall, but not until the second half of the year.

Real Estate 36

Real Estate Inventory New Listings Realtors 36

Cornerstone

OCTOBER 5, 2021

As a recent Realtors Confidence Index published by the National Association of REALTORS® (NAR) shows, homes are still selling at a rapid pace — staying on the market for an average of only 17 days. This is excellent news if you’re a seller. Fall in love with your new mortgage. percent, rising to 3.8

Sellers 53

Sellers Loan Officers Inventory New Listings 53

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”

Buyers 394

Buyers Marketing Inventory Investors 394

Housing Wire

JANUARY 22, 2024

“The market in Indianapolis is very cyclical,” Carrie Holle, Realtor and principal of the Carrie Holle Group with Compass , told HousingWire. There is always a big slowdown between Thanksgiving and New Year. Holle’s business was down about 10% in 2023 compared to 2022, which she attributes almost exclusively to elevated mortgage rates.

Housing Market 406

Housing Market Marketing Logistics Real Estate 406

Housing Wire

SEPTEMBER 26, 2023

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable.

Inventory 490

Inventory Contracts New Listings Mortgage 490

Cornerstone

FEBRUARY 15, 2022

When the pandemic first hit in early 2020, mortgage forbearance plans were announced, allowing homeowners in crisis to temporarily stop payments. Most homeowners whose forbearance plans are ending appear to have either paid up on their mortgage or have a plan in place from their lender that has enabled them to begin paying again.

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

Housing Wire

AUGUST 10, 2023

This is why we brought HousingWire Lead Analyst Logan Mohtashami, Kate Amor, senior vice president and head of enterprise products at Guaranteed Rate , and Arjun Dhingra, who lead sales and business development at All Western Mortgage , together for a preview of the information you can expect to hear at HousingWire Annual in Austin Texas, from Oct.

New Listings 280

New Listings Inventory Business Marketing 280

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% With such massive home-price growth in 2020 and 2021 breaking my affordability model, I knew we were at high risk of a more significant sales decline than usual if the 10-year yield broke over 1.94%, which meant 4% + mortgage rates. However, going from 2.5%

Housing Market 289

Housing Market Inventory New Listings Mortgage 289

Housing Wire

OCTOBER 20, 2023

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.

Real Estate 361

Real Estate Agents Real Estate Agent Clients 361

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. Sales Down 18.8% and Prices Up by 5.9% overall from 53,369 to 43, 345 in 2022.

Inventory 52

Inventory Sellers Buyers Real Estate 52

Housing Wire

MARCH 8, 2024

70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We We have been complaining about the lack of inventory for as long as I can remember, but then we at least had more listings,” Danny Yoon , an Edgewater, New Jersey-based Sotheby’s International Realty agent, said.

Housing Market 410

Housing Market Buyers Agents Marketing 410

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. For now, low mortgage rates are increasing buyers’ purchase power across the country.

Supply Chain 402

Supply Chain Inventory Housing Market Contracts 402

Housing Wire

FEBRUARY 28, 2024

Who doesn’t want to learn mortgage secrets banks don’t want you to know? All created by Realtors, for Realtors. As a Realtor, you have endless opportunities for content creation. Touring a new listing? Only 12% of Realtors currently use TikTok to market their business. Visit Coffee & Contracts 3.

Real Estate 418

Real Estate Marketing Tools Sellers 418

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. Obviously, mortgage rates have been stubbornly over 7% for a couple of months. That’s a change in expectation of mortgage rates. Buyers early in 2023 had slightly lower rates than now and were optimistic that mortgage rates would go lower still.

Housing Market 424

Housing Market Marketing Inventory New Listings 424

Listing Spark

OCTOBER 13, 2022

New listings are down 6%, so there are less homes coming onto the market than there were this time last year. Nationally active listings are up 26.9%. 00:11:25] What new listings can teach us about the state of the housing market. New home listings have dropped by 10% nationally.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. “New listings volume got a decent bump in March and April, and more people believe it’s a good time to sell a home than at any time since the pandemic began.” from March to 5.85 from April 2020 as every region recorded a price increase.

Inventory 421

Inventory Buyers New Listings Marketing 421

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Last year was a tough one for the Indiana real estate market. as of February 29, 2024.

Housing Market 414

Housing Market Marketing Inventory Construction 414

Empire Appraisal Group

AUGUST 25, 2022

Rising mortgage rates means lower expectations for sellers. Source: Rising mortgage rates means lower expectations for sellers – Orange County Register (ocregister.com). Now, you have more options, even though you may have to move to a lower price range since higher mortgage rates mean bigger mortgage payments.

Sellers 78

Sellers Mortgage Agents Clients 78

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. million homes, according to the National Association of Realtors. Conventional mortgage loans composed 74.4%

Housing Market 500

Housing Market Marketing Inventory Construction 500

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. There is a high demand for housing and a great number of would-be buyers, and therefore sales should rise with more new listings,” Yun said. pending home sales dipped to the tune of 0.3% in December following a 2.6% Real Estate Tech Demo Day.

Contracts 531

Contracts Real Estate Housing Market Technology 531

Housing Wire

SEPTEMBER 8, 2023

If you’re in the real estate industry, you certainly know that the average time from mortgage application to closing has been hovering around 50 days. It’s not a point of pride or badge of honor for any mortgage, title, real estate or valuation firm. How do your new orders come in?

Real Estate Agent 328

Real Estate Agent Real Estate Project Management Agents 328