Housing Wire

MAY 25, 2023

The housing market looks different than it does during a typical spring, when the market is usually in full gear,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in March.

Inventory 382

Inventory Housing Market Contracts Government 382

Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. “Job in December, up from 71.6 in November.

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Contracts Housing Market Construction Inventory 458

Housing Wire

APRIL 9, 2024

Jana Caudill was a sales associate with Keller Williams from February 1, 2001 to December 14, 2011, and Dennis Caudill was a sales associate with Keller Williams from February 1, 2001, to December 14, 2011.

Brokerage 447

Brokerage Agents Legal Real Estate 447

Housing Wire

JANUARY 3, 2023

“Pending home sales recorded the second-lowest monthly reading in 20 years as interest rates , which climbed at one of the fastest paces on record this year, drastically cut into the number of contract signings to buy a home,” Lawrence Yun, NAR’s chief economist, said in a statement. On a month over month basis, all four of the major U.S.

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Contracts Housing Market Realtors Construction 500

Housing Wire

JULY 29, 2021

An index of 100 is equal to the average level of contract activity during 2001, the first year examined. The volume of existing-home sales in 2001 was within the range of 5 to 5.5 ” The post Pending home sales dip as “seesaw” market continues appeared first on HousingWire. on the index in June, an 8.7%

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Marketing Buyers Realtors Real Estate 441

Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% from December’s annualized rate. Overall active inventory improved 7.9%

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Contracts Inventory New Listings Realtors 427

Appraisal Buzz

JANUARY 27, 2022

regions posted both month-over-month and year-over-year drops in contract activity. An index of 100 is equal to the level of contract activity in 2001. The post Housing Market Sees a 3.8% All four major U.S. The Pending Home Sales Index (PHSI) fell 3.8% in December. Year-over-year, transactions decreased 6.9%.

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Housing Market Contracts Marketing Realtors 195

Housing Wire

MARCH 28, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. NAR’s Pending Home Sales Index increased to 75.6 in February, up from 74.3 in January. On a year-over-year basis, pending sales were down 7%. There will be a steady rise in inventory from recent growth in home building,” Yun added.

Inventory 457

Inventory Realtors Contracts Sellers 457

Housing Wire

JANUARY 27, 2023

Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.” An index of 100 is equal to the level of contract activity in 2001. “We Job gains will steadily become important in driving local home-sales markets. compared to December 2021.

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Contracts Realtors Mortgage Buyers 421

Housing Wire

SEPTEMBER 28, 2023

An index of 100 is equal to the level of contract activity in 2001. Pending home sales, like new home sales, are based on contract signings. Yun also expressed concern about a possible government shutdown, which could worsen the conditions in the housing market. “It Existing home sales also fell in August, down 15.3%

Housing Market 474

Housing Market Contracts Government Buyers 474

Housing Wire

OCTOBER 28, 2022

An index of 100 is equal to the level of contract activity in 2001. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. regions recorded year-over-year decreases in contract signings. All four major U.S. to a reading of 62.7.

Contracts 524

Contracts New Listings Realtors Housing Market 524

Housing Wire

JUNE 29, 2023

An index of 100 is equal to the level of contract activity in 2001. Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing,” Lawrence Yun , the chief economist of NAR, said in a statement. annual drop recorded in April.

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Contracts Inventory Housing Market Realtors 363

Housing Wire

AUGUST 30, 2023

However, unlike the market for new homes , which has recovered convincingly above last year’s lows (+31.5%), pending home sales continue to lag behind year-ago levels (-14.0%). An index of 100 is equal to the level of contract activity in 2001. The NAR’s Pending Home Sales Index climbed to a reading of 77.6

Inventory 421

Inventory Contracts Buyers Realtors 421

Appraisal Buzz

AUGUST 29, 2024

Regionally, and month over month, contract signings decreased 1.4% As a result, the Pending Home Sales Index (PHSI) fell to a score of 70.2 – the lowest reading since the index began tracking in 2001. “A Current lower, falling mortgage rates will no doubt bring buyers into market.” Pending home sales decreased 5.5% in the West.

Contracts 221

Contracts Buyers Realtors Inventory 221

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. An index of 100 is equivalent to the level of pending sales in 2001.

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Inventory Contracts Housing Market Buyers 500

Housing Wire

AUGUST 14, 2023

It significantly streamlined transactions , slashing hours of wasted drive time chauffeuring documents in between soccer games and dinners, creating competitive advantage by shortening contract periods and empowering agents to conduct business across borders in minutes versus days.

Real Estate 368

Real Estate Real Estate Agent Marketing Technology 368

Housing Wire

SEPTEMBER 29, 2022

An index of 100 is equal to the level of contract activity in 2001. The direction of mortgage rates – upward or downward – is the prime mover for home buying, and decade-high rates have deeply cut into contract signings,” Lawrence Yun, NAR’s chief economist, said in a statement. “If from a year ago. All four major U.S.

Contracts 390

Contracts Realtors Inventory Marketing 390

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. in 2022.

Inventory 421

Inventory Renovations Contracts Buyers 421

Inman

APRIL 25, 2024

The Pending Home Sales Index, which is a forward-looking indicator based on contract signings, was 75.6 The maximum score on the scale is 100, which represents the contract activity seen in 2001. in February. February's performance marks a 7 percent annual decline; however, it is a slight improvment from the previous month (+1.6

Contracts 165

Contracts Realtors Mortgage Marketing 165

Appraisal Buzz

SEPTEMBER 29, 2021

The National Association of Realtors ’ Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, increased 8.1% An index of 100 is equal to the level of contract activity in 2001. Year-over-year, signings dipped 8.3%.

Contracts 195

Contracts Realtors Inventory Buyers 195

Housing Wire

APRIL 27, 2023

An index of 100 is equal to the level of contract activity in 2001. Sales of new homes are already matching 2019 pre-COVID activity and are expected to increase in 2023, largely due to plentiful inventory in this segment of the market.” For the first time since November 2022, pending home sales fell in March, posting a 5.2%

Inventory 430

Inventory Realtors Contracts Construction 430

Housing Wire

AUGUST 4, 2022

“Together, we represent a powerful collateral valuation innovator in the market, providing a full spectrum of appraisal, valuation data and analytics and related collateral risk management solutions.”. Veros also signed an appraisal management services contract with the VA in 2019.

Appraisal 409

Appraisal Valuation Real Estate Technology 409

Housing Wire

FEBRUARY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. Bright MLS chief economist Lisa Sturtevant added: “The new pending sales data for January provides further evidence that the housing market may have bottomed out at the end of last year. Despite the strong monthly increase, pending home sales are down 24.1%

Housing Market 431

Housing Market Realtors Contracts Buyers 431

Housing Wire

JUNE 10, 2022

Founded in 2001 by Jeff Douglas, Wyndham positioned itself as a fintech-focused mortgage lender with a proprietary software system that allows the company to close loans 20% faster than the national average. As the market contracts, originators Interfirst Mortgage Co.

Mortgage 395

Mortgage Loan Officers Retail Contracts 395

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal to 15.7% The median U.S.

Buyers 421

Buyers Mortgage New Listings Real Estate 421

Housing Wire

NOVEMBER 30, 2022

An index of 100 is equal to the level of contract activity in 2001. Pending home sales have now fallen in 11 of the last 12 months. Year over year, the PHSI was down 37.0%, marking the 17 th consecutive month of annual declines. In recent weeks, however, mortgage rates have dipped back into the 6.0%

Realtors 384

Realtors Contracts Buyers Mortgage 384

Housing Wire

JULY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. Home prices will be influenced by how much inventory is brought to market. Several of the country’s top emerging housing markets are in Indiana.) The NAR’s Pending Home Sales Index climbed to a reading of 76.8 in 2023, to 720,000.

Construction 369

Construction Inventory Realtors Housing Market 369

Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

Inventory 530

Inventory Contracts Training Investors 530

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. 375% below the market.”

Mortgage 369

Mortgage Loan Officers Retail Training 369

McKissock

APRIL 28, 2021

This trend has been on the rise since 2001 when only 69% of buyers used a real estate agent. . Want to up your social media marketing game? Download our free Social Media Toolkit to help you get the most out of your social media marketing campaigns. You know what your buyers can afford, and you understand how to read contracts.

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Real Estate Agent Real Estate Buyers Agents 87

Housing Wire

DECEMBER 28, 2023

Pending home sales in November were largely unchanged from October’s levels, a month that saw the lowest pending sales since 2001. Looking ahead Lower rates could also improve the new home sales market according to Logan Mohtashami, lead analyst for HousingWire. NAR’s Pending Home Sales Index (PHSI) recorded a minor increase to 71.6

Realtors 452

Realtors Contracts Mortgage Marketing 452

Appraisal Today

AUGUST 18, 2023

I have lots of practical tips and marketing advice. You are unlikely to see an immediate surge in desktop and hybrid appraisal assignments in the current volatile real estate market, but once normalcy returns to the mortgage rates and the housing market (as it always does), you can expect them to increase. million price tag.

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Appraisal Contracts Inspection Real Estate 78

Appraisal Today

JUNE 10, 2022

Habitual practice of “comparing comps” over “measuring markets” will prevail (in the absence of change in the other “frictions”). NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. To read more, click here.

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Appraisal Contracts Business Mortgage 52

Appraisal Today

DECEMBER 2, 2022

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. To read the letter (PDF), click here.

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Appraisal Agents Real Estate Real Estate Agent 84

Housing Wire

APRIL 29, 2021

The National Association of Realtors released encouraging news Thursday about the future of the housing market. The trade group reported that pending home sales – that is homes where a buyer signed a contract, but the sale has not closed – rose 1.9 % index points to 111.3 in March, after two consecutive months of decline. population.”.

Contracts 421

Contracts Inventory Construction Realtors 421

Appraisal Today

OCTOBER 7, 2022

If it had a market value of $345k, it would have listed at $345k!”. Other questions are not as relevant, such as fees, as the appraisal market in many areas is not as strong as in May when the survey was done. Excerpts: Year Built: 2001. Affordable Midwest and East Coast Markets Are Holding Up Best as the U.S.

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Appraisal Contracts Architecture Housing Market 52

Appraisal Today

OCTOBER 28, 2022

Appraisers and local market analysis. NOTE: Please scroll down to read the other topics in this long blog post on real estate market, mortgage forecast, Halloween haunted homes, unusual homes, mortgage origination stats, etc. 2022 Study: More Than Half of Buyers Would Purchase a Haunted Home in a Competitive Market.

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Appraisal Contracts Valuation Mortgage 52