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 7, 2024

He sold the brokerage in 2005. ” Harney was a sought-after speaker at real estate events, including hundreds of company events, the annual National Association of Realtors conference and other major service providers to the housing industry. Steve was fighting the good fight every day.”

Real Estate Agent 105

Real Estate Agent Real Estate Agents Brokerage 105

Housing Wire

AUGUST 17, 2021

In the 1960s, its then-executive John Baird tussled with the National Association of Realtors (NAR) over that group’s enforcement of redlining as Baird wanted to sell homes to Black people in areas that lenders and agents marked as white only. Baird & Warner lays claim to be the oldest U.S. brokerage still in operation, launching in 1855.

Brokerage 370

Brokerage Realtors Agents Real Estate 370

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. “Buyers are still lining up a feverish pace,” Yun said. ” Contract signings on new homes increased 13.1% year over year.

Supply Chain 448

Supply Chain Inventory Buyers Realtors 448

Housing Wire

DECEMBER 22, 2020

Today, the National Association of Realtors reported a 2.5% The silver lining is that unlike in the previous cycle from 2002-2005, homeowners are in a much better financial position. Growth in home sales in recent months, I proposed, was primarily due to the catch-up demand from the stalled sales during the worst weeks of COVID-19.

Housing Market 545

Housing Market Buyers Realtors Marketing 545

Housing Wire

JULY 29, 2021

in June, according to the National Association of Realtors , which tracks the metric. (An May’s 8% increase was the highest jump for that month since 2005, according to NAR. The overall pending home sales index fell 1.9% An index of 100 is equal to the average level of contract activity during 2001, the first year examined.

Marketing 468

Marketing Buyers Realtors Real Estate 468

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

Housing Wire

NOVEMBER 16, 2020

“Property managers are renting places that would usually be $800 a month for $1,200, so people figured if they’re paying that much, they might as well own their home,” said Tom Torres, an El Paso-based real estate agent and former president of the El Paso Association of Realtors. Thank goodness Realtors were deemed essential.”.

Housing Market 448

Housing Market Marketing Real Estate Agent Real Estate 448

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

AUGUST 3, 2021

in June, according to the National Association of Realtors , which tracks the metric. (An May’s 8% increase was the highest jump for that month since 2005, according to NAR. The overall pending home sales index fell 1.9% An index of 100 is equal to the average level of contract activity during 2001, the first year examined.

Buyers 514

Buyers Inventory Realtors Contracts 514

Housing Wire

APRIL 11, 2022

If you look at the monthly supply for new homes from 1996 to 2005, it was always lower than what we saw from 2008 to 2019. New home sales were much more substantial, of course, heading toward the bubble peak of 2005, so as long as sales rose, the homebuilders would build.

Inventory 514

Inventory Housing Market Marketing Modernization 514

Housing Wire

MARCH 1, 2023

“Through this expansion, we’re solidifying our commitment to our realtor and tax partners in a larger capacity nationwide,” Lee Trice, U.S. Opteon, founded in 2005, operated in Australia and New Zealand before expanding into the U.S. managing director of Opteon, said in the statement.

Appraisal 397

Appraisal Valuation Technology Real Estate 397

Housing Wire

NOVEMBER 20, 2024

million, and sales topped out at 7 million in 2005. National Association of Realtors (NAR) Chief Economist Lawrence Yun projects a 2% rise in home prices in both 2025 and 2026. For comparison, annual home sales over the last two decades have averaged 5.15 HousingWire assumes mortgage rates will stay in a range between 5.75% and 7.25%.

Marketing 360

Marketing Inventory Housing Market Realtors 360

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions.

Realty 448

Realty Real Estate Law Brokerage 448

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

NOVEMBER 13, 2023

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Meanwhile, in September, one-third of U.S.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Sellers 435

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

MARCH 18, 2024

Looking back to the 2005 and 2006 real estate peak, lofty home prices reached a then staggering-sounding high of $230,200 in July 2006. Today’s landscape is quite different from that of 50 or even just 10 years ago. One of the most notable shifts is the surge in home prices, reaching unprecedented and often out-of-reach levels.

Real Estate Agent 458

Real Estate Agent Housing Market Real Estate Agents 458

Housing Wire

MARCH 29, 2022

If you look at the monthly supply for new homes from 1996 to 2005, it was always lower than what we saw from 2008 to 2019. New home sales were much more substantial, of course, heading toward the bubble peak of 2005, so as long as sales rose, the homebuilders would build.

Inventory 435

Inventory Housing Market Marketing Modernization 435

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 That was the housing market of 2002-2005, not what we have today. This level is still within my 2022 forecast sales range between 5.74 million and 6.16 Last year I discussed sales levels coming back down to 5.84

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

NOVEMBER 13, 2023

And this one, “If not for the Realtors rule, many buyers wouldn’t use brokers or would negotiate lower commissions. It does not happen (speaking as someone who has bought and sold nearly a dozen homes, aways used a Realtor, and not once could I increase the price to cover the real estate commission or other closing costs).

Real Estate 375

Real Estate Realtors Agents Buyers 375

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

JANUARY 12, 2022

Here are two charts from the National Association of Realtors that will show that homes simply come off the market too fast to give housing a breather. However, since we’ve had no exotic loan debt structure post-2010, credit looking tight on paper just doesn’t have the same impact as it did from 2005-2009.

Inventory 538

Inventory Mortgage Housing Market Marketing 538

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.

Housing Market 528

Housing Market Marketing Inventory Realtors 528

Housing Wire

SEPTEMBER 8, 2022

The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5 I always stress how crucial it was to have the 2005 bankruptcy reform laws and the 2010 qualified mortgage laws, which together have allowed homeowners to have the best financial profiles in our country’s history.

Inventory 544

Inventory Law Housing Market Design 544

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.

Realty 69

Realty Realtors Real Estate Clients 69

Housing Wire

JULY 3, 2024

The National Association of Realtors tracks the days on market, and unlike 2011, when it took over three months, the most recent existing home sales report shows only 24 days on market this year. We had a massive credit bust starting in 2005, which continued from 2006 to 2008 — all before the job loss recession began in 2008.

Housing Market 385

Housing Market Marketing New Listings Contracts 385

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. All of the books said they were confidential and not to give them away,” said Saul Klein, the current CEO of San Diego MLS. 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. This is another factor in driving purchase application data below 2008 levels.

Inventory 493

Inventory Marketing Housing Market New Listings 493

Lamacchia Realty

MARCH 7, 2025

Lamacchia Realty's Top Producing REALTORS for February 2025! has released its Top Producing REALTORS for February 2025! This program recognizes the Top 10 REALTORS company-wide with the highest transaction numbers AND sales volume for the month! Most recently he ranked as the #1 REALTOR in Dalton, MA, for closed transactions.

Realty 66

Realty Realtors Real Estate Clients 66

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 As you can see below, we don’t have a booming credit housing market as we saw from 2002-2005; we have steady replacement buyer demand. 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

OCTOBER 10, 2024

Heidi Matusik Awarded Quarterly Production Achievement from the Mid-State Association of REALTORS® We are thrilled to announce that Heidi Matusik has been awarded with the Quarterly Production Achievement from the Mid-State Association of REALTORS®!

Realtors 74

Realtors Human Resources Project Management Realty 74

Housing Wire

JUNE 21, 2022

of all Realtors. Willis played a key role in the massive growth of Keller Williams between 2005-2014, when the company grew from 700 agents to 140,000 agents worldwide. Relative newcomer Compass snuck by Realogy to claim No. All firms in the 2022 RT500 did approximately 40.6% Agents with RT500 firms had an average of 7.9

Brokerage 417

Brokerage Real Estate Realty Agents 417

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 69

Realtors Human Resources Realty Project Management 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 74

Realtors Realty 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 73

Realtors Realty Real Estate Clients 73