Housing Wire

JUNE 5, 2023

Patrick Stoy , president of MC Mortgage Group, established the brokerage in 2005 and brings with him 24 years of experience in the housing industry. MC Mortgage Group, a mortgage brokerage based in Wilmington, North Carolina, serves homebuyers across North and South Carolina.

Mortgage 370

Mortgage Brokerage Retail Tools 370

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 As you can see from this NAR report, cash buyers as a percent of sales is slightly lower now than levels in 2016. That was the housing market of 2002-2005, not what we have today. million and 6.16

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

OCTOBER 8, 2021

from a year ago to $356,700, according to the National Association of Realtors. Homes remain much more affordable in 2021 than they were during the home price runup in 2005 and 2006, but the seven-month trend in deteriorating affordability is starting to gradually slow demand. Skyrocketing U.S. Homebuyers Losing Heart.

Renovations 543

Renovations Inventory Marketing Property Taxes 543

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. can’t have a credit sales boom like we saw from 2002-2005. This means we won’t be working from record-breaking demand of high sales like we did at the peak of 2005.

Construction 370

Construction Housing Market Sellers Real Estate 370

Housing Wire

MARCH 1, 2023

The goal of the expansion is to provide homeowners and buyers, along with real estate, legal, and tax professionals, the option to order an appraisal directly through Opteon’s services, according to a statement from the company. Opteon, founded in 2005, operated in Australia and New Zealand before expanding into the U.S.

Appraisal 397

Appraisal Valuation Technology Real Estate 397

Housing Wire

NOVEMBER 13, 2023

The writer in the Economist says, “…either the fat fee [real estate commission] inflates the house price, or the buyer ends up paying a similar fee when he or she sells.” This is from the Editorial Board of The Wall Street Journal, “Ninety percent of transactions offer buyer agent commissions of exactly 3%.”

Real Estate 375

Real Estate Realtors Agents Buyers 375

Housing Wire

SEPTEMBER 8, 2022

The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5 So when you add move-up buyers, move-down buyers, first-time homebuyers, cash buyers and investors together, this can get out of hand. Remember, the system is designed to keep home prices inflated.

Inventory 544

Inventory Law Housing Market Design 544

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 Housing demand has been stable for the past few years; we have never had a credit boom in demand since 2002-2005. So, we never had a credit bust as we saw from 2005 to 2008. million in March.

Housing Market 505

Housing Market Marketing Inventory Mortgage 505

Housing Wire

MAY 18, 2023

We don’t have a massive credit boom as purchase application data is at historical lows; we haven’t had the same run-up in credit as we saw from 2002-2005. You would need years of credit stress building up, as we saw in 2005-2008, all before the job loss recession data. This is not, nor can it ever be, like 2008.

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 Because we had a housing credit bubble from 2002 to 2005, the credit demand push on exotic loan debt structures was a setup for future forced credit selling. We still have some legs to move lower in sales.

Housing Market 528

Housing Market Marketing Inventory Realtors 528

Housing Wire

OCTOBER 8, 2024

The Department of Justice could be ready to square off again with the National Association of Realtors — this time over an optional rule to prevent commingling of MLS and non-MLS listings. If you are working with a buyer, you want to make sure that they are aware of all of their options,” Samuelson said. “If Section 18.3.11

Real Estate 475

Real Estate Brokerage Realtors Legal 475

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. Now we are getting the call back to balance, which is good. NAR lists the current inventory at 1.22

Inventory 493

Inventory Marketing Housing Market New Listings 493

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 I understand that grifters have to keep the grift going, but not even the Joker would say that the housing market lives off investors and not mortgage buyers. This number is above my sales trend peak of 6.2 million and 6.2

Inventory 516

Inventory Housing Market Investors Marketing 516

Housing Wire

APRIL 14, 2022

I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana. In a purchase market, he emphasizes strong communication with clients and referral partners, such as Realtors and financial planners. But Woodward struggled to originate purchase loans. “I Purchases were 38.5%

Mortgage 526

Mortgage Marketing Retail Lending 526

Lamacchia Realty

NOVEMBER 8, 2024

Kevin Sears Installed as 2025 President of The National Association of REALTORS® November 7, 2024 – At the annual National Association of REALTORS® Conference Governance Meeting , held at the Boston Convention & Exhibition Center, Kevin Sears was installed as the 2025 President of The National Association of REALTORS®.

Realtors 69

Realtors Realty Real Estate Government 69

Lamacchia Realty

OCTOBER 9, 2024

Lamacchia Realty's Top Producing REALTORS® for September 2024! has released its “Top Producing REALTORS®,” for September 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 73

Realtors Realty Real Estate Clients 73

Lamacchia Realty

OCTOBER 9, 2023

We are excited to announce that Heidi Matusik has received the Quarterly Production Award from the Mid-State Association of REALTORS®! Heidi is the second REALTOR® to qualify for this type of distinction since Lamacchia Realty opened its first Connecticut office in Southington last December.

Realtors 66

Realtors Human Resources Realty Project Management 66

Lamacchia Realty

FEBRUARY 3, 2022

has released their “Top Producing REALTORS®,” for January 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! To learn more about Deanna, click here: Deanna Faucher Elisha Lynch obtained her real estate license in 2005.

Realty 73

Realty Realtors Real Estate Clients 73

Lamacchia Realty

DECEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS for November 2024! has released its Top Producing REALTORS, for November 2024! This program recognizes the Top 10 REALTORS company-wide and the Top 3 or 5 REALTORS by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 68

Realtors Realty Real Estate Clients 68

Lamacchia Realty

DECEMBER 7, 2021

has released their “Top Producing REALTORS®,” for November 2021! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Elisha Lynch obtained her Real Estate license in 2005. Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

JANUARY 5, 2023

has released their “Top Producing REALTORS®,” for December 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Laurie is consistently named a top producing REALTOR® for the office as well as company-wide !

Realtors 73

Realtors Realty Real Estate Agents 73

Lamacchia Realty

JULY 7, 2022

has released their “Top Producing REALTORS®,” for June 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Mary Wood is an award-winning REALTOR® based in MetroWest closing 50-60 sales annually.

Realtors 69

Realtors Realty Real Estate Clients 69

Lamacchia Realty

SEPTEMBER 7, 2023

has released its “Top Producing REALTORS®,” for August 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realty 74

Realty Realtors Real Estate Clients 74

Lamacchia Realty

SEPTEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS® for August 2024! has released its “Top Producing REALTORS®,” for August 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 62

Realtors Realty Real Estate Clients 62

Empire Appraisal Group

JULY 29, 2021

Source: Home Price Increase: The Highest in More than 15 Years | Florida Realtors. The April Case-Shiller home price report found prices rising at their highest pace since 2005, and the forces pushing prices higher offer “little evidence of abating.”. AndreyPopov, iStock, Getty Images. JUNE 29, 2021. By Christopher Rugaber.

Realtors 78

Realtors Buyers Realty Real Estate 78

Annarbor Appraisal

APRIL 9, 2020

In it I included a year over year chart of all sales through the local MLS back to 2005. This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings.

Property Taxes 78

Property Taxes Buyers Sellers Realtors 78

Houston Properties

JULY 22, 2022

Paige Martin, The Best Houston Realtor. Learn more about the best Houston realtor, Paige Martin. Clients: “Paige Martin is the best Houston realtor”. Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Lamacchia Realty

OCTOBER 17, 2024

Inventory of homes listed reached a record low by July of 2023 , and mortgage rates increased dramatically, diminishing buyer affordability. Many sellers are holding the line, and buyers continue to face competition. The result is buyers are still faced with some of the highest monthly mortgage payments in history.

Bracketing 69

Bracketing Marketing Sellers Buyers 69

Lamacchia Realty

JUNE 21, 2022

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

Housing Market 67

Housing Market Bracketing Marketing Sellers 67

Lamacchia Realty

OCTOBER 25, 2023

Now, a year and a half later, with rates up to 8%, buyer affordability is significantly diminished. Coming from the frenzied pandemic market where inventory was at historically low levels , sellers are holding the line and buyers are still the ones competing in this market. In the graphic to the right, you can see this more clearly.

Bracketing 69

Bracketing Marketing Sellers Buyers 69

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Inventory rises when more sellers are listing than buyers are buying.

Bracketing 65

Bracketing HOA Sellers Buyers 65

Empire Appraisal Group

JUNE 2, 2022

Florida Realtors. The current market, where higher prices and other factors are not resulting in a slowdown, is moving away from market fundamentals, they found, suggesting that buyer exuberance, in the form of fear of missing out, is driving the current trend. Is FOMO Fueling the Real Estate Market? By Amber Randall.

Real Estate 78

Real Estate Marketing Housing Market Investors 78

Lamacchia Realty

AUGUST 3, 2021

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. But if the home has been available long enough, it’s time to consider adjusting the list price to gain more visibility from more potential buyers.

Bracketing 69

Bracketing Sellers Buyers Inventory 69

Lamacchia Realty

FEBRUARY 22, 2022

It’s the best example of how supply and demand determine the market climate in that with high demand and low supply the market becomes a frenzy for buyers. Below is a graph that illustrates home sales per year since 2005. Below is a graph that illustrates monthly home prices since 2005. It has more to do with buyer consumption.

Inventory 54

Inventory Sellers Buyers Real Estate 54

Lamacchia Realty

APRIL 15, 2022

Rates dropped to historic lows to keep buyers buying, prompting an influx of new applications and re-finances as obtaining a mortgage was more affordable than ever. Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever. Available Inventory.

Marketing 68

Marketing Sellers Buyers Inventory 68

McKissock

SEPTEMBER 7, 2021

Increasing inventory is generally a sign that buyers have stopped buying (due to prices being too high or a lack of consumer confidence), or there are just fewer ready, willing, and able buyers in the marketplace. This pattern often indicates that those buyers who can afford to buy already have. In July 2005 in the St.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

Empire Appraisal Group

OCTOBER 28, 2021

When it comes to demand, buyers’ desire for more space during the pandemic, low mortgage rates, rising savings, an improved labor market and millennials reaching their peak homebuying age have contributed to the tightening of the inventory. years in 2005, respectively, according to Redfin, a full-service real estate brokerage.

Inventory 78

Inventory Housing Market Construction Real Estate 78