Sacramento Appraisal Blog

MAY 2, 2023

Sellers have been sitting out of the housing market, and it’s made a massive difference in 2023 so far. Today I want to show what’s happening with new listings and talk about concessions. I hope this is useful, whether you’re local or not. Scroll by topic or digest slowly.

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Housing Wire

JULY 29, 2022

metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market. Table 1, below, reports the 10 hottest U.S.

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Sacramento Appraisal Blog

FEBRUARY 7, 2023

There is so much talk about buyers sitting on the sidelines right now, but let’s talk about sellers who are also sitting. This is a local trend, but it’s something showing up in many markets across the country also.

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Housing Wire

JUNE 21, 2023

Unlike a typical spring homebuying season in which sellers are also looking to buy a home, people trying to relocate into a bigger or smaller home in the Mid-Atlantic region made up a relatively small share of the housing market. of sales were rental or investment properties or second homes , according to a survey of 1,063 listing agents.

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Housing Wire

APRIL 5, 2022

Home price appreciation in February climbed 20% over the previous year, marking the 12th month of consecutive double-digit gains , according to figures released Tuesday by real estate analytics firm CoreLogic. Upstate New York had the lowest appreciation rates in the country, with Ithaca posting a 5.2%

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Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. The price of new listings is dropping. The holidays usually see far fewer sellers — most sellers wait until January to list their homes. More homes are taking price reductions. And, there are fewer immediate sales.

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Housing Wire

SEPTEMBER 15, 2023

“I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada. Year-over-year new listings were down 14.4%. million in August, falling 1.1%

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Housing Wire

FEBRUARY 14, 2024

Meanwhile, other homes are lingering on the market for months and driving up the typical age of listings on Zillow to 72 days. To lure more buyers, sellers are coming to terms with the market conditions and are agreeing to apply price cuts to their homes. In January, one in five houses listed on Zillow included a price cut.

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Housing Wire

MARCH 6, 2024

Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates. percentage points—sellers take notice. Facing these realities, many would-be sellers decide to stay put. This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings.

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Housing Wire

OCTOBER 13, 2023

Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and real estate agents are shifting funds around through escrow accounts. You all in this room are the biggest targets for impersonation in a real estate transaction.

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Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Automated marketing: Yes.

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Housing Wire

APRIL 24, 2024

While the real estate industry is forever in flux, one constant is that it’s a relationship business. One of the biggest challenges for agents is finding new clients and staying top-of-mind until they are ready to buy or sell. Market Snapshot reports on new listings, for-sale properties, price changes, and neighborhood trends.

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Housing Wire

DECEMBER 30, 2023

Since I believe most home sellers are also homebuyers, once new listings created a new low level after mortgage rates reached over 6% in 2022, it added another layer of home demand falling off a cliff. What we want to see in 2024 is new listing data growing in the spring season. Weekly inventory change (Dec.

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Housing Wire

JANUARY 10, 2024

You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. It can net your seller thousands or tens of thousands more when you do this right! Make sure both places shine.

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Housing Wire

APRIL 17, 2023

Real estate focused artificial intelligence firm Restb.ai Through this new partnership, all Black Knight Paragon MLS platform users will have access to the Restb.ai Agents will be able to spend significantly less time on manually entering listings, enabling them to focus instead on interacting with homebuyers and sellers.”

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Housing Wire

DECEMBER 3, 2020

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. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

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Housing Wire

SEPTEMBER 13, 2022

But now this is a real risk. Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. Can you blame home sellers? The parts of the U.S.

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Housing Wire

APRIL 19, 2024

A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% During the three months ending Feb. 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% during the same period a year ago. year over year.

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Housing Wire

SEPTEMBER 30, 2020

There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 The post No seasonal slowdown this year as real estate agents report a busier-than-usual fall appeared first on HousingWire. Over the last four weeks ending on Sept.

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GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. Real estate pros can make their best predictions, but no one knows what will happen with 100% accuracy. That’s where we come in.

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Housing Wire

MARCH 8, 2024

The mailers are titled “Notice of Proposed Settlements” and they began hitting the mailboxes of home sellers in mid-February. If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. What do the postcards say? she asked. “It

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Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. That is a real live talking point, but it will require a job loss recession. Confused by this?

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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. Redfin : Realtor.com : Altos Research : Clearly, we are seeing a slowdown in new listings as the data has been negative now for months. What does this mean?

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Inventory New Listings Housing Market Sellers 522

Housing Wire

AUGUST 18, 2023

Not prequalifying is unprofessional and can waste your time and the sellers. All pricing scripts are best used at the listing table! Don’t lose the listing of a motivated, have-to-sell seller over price. If they have sell, you have to take the listing! Are homes selling on average for 105% of the list price?

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Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side.

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Housing Wire

JANUARY 10, 2024

Between leveraging your personal network, filming YouTube videos and even the unpleasant task of cold prospecting, real estate professionals today wear all the hats. Yet, in a competitive real estate market, agents don’t always have the luxury of investing months into long-term brand-building.

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Housing Wire

APRIL 25, 2024

If you want to thrive this year, choosing the right real estate apps is crucial. To help, we reviewed hundreds of options to put together this list of the best real estate apps for 2024.

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Housing Wire

FEBRUARY 28, 2024

To help, I put together my best strategies for real estate social media marketing that still work in 2024, common mistakes to avoid, how to choose which platforms to focus on, and my favorite free and paid social media tools that can cut your work in half. Social media gives you the perfect opportunity to build a brand that resonates.

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Real Estate Marketing Tools Sellers 458

Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. Listen to the full episode for Spring 2023 trends in the Texas Real Estate Market.

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Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. 5 Real Estate Stats To Keep An Eye On. 1) Active Listings – Active listings in both Jefferson and Shelby County have increased since February. Conclusion.

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Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. orate further?

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Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024.

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Housing Wire

AUGUST 27, 2020

Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. “We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. As states reopen, Yun expects the market to remain hot.

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Listing Spark

SEPTEMBER 30, 2020

It’s a new month, but it hasn’t gotten any easier for buyers out there. That’s great news if you are a seller though. . Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. What’s driving this?

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Housing Wire

OCTOBER 20, 2023

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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McKissock

AUGUST 17, 2020

“Lead generation is half of the job of any real estate agent,” says national real estate coach Sherri Johnson. ” We sat down with Sherri to get her expert advice on how to find quality real estate leads, and how to convert those leads once you have them. 2: Call expired listings. .”

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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. New data from the U.S. How quickly would sellers return if rates were lower? since the fourth quarter of 2018.

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