Housing Wire

NOVEMBER 21, 2023

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. million, according to the N ational Association of Realtors. Existing-home sales dropped 4.1% in October from the prior month , reaching a seasonally adjusted annual rate of 3.79 All four U.S.

Inventory 435

Inventory New Listings Realtors Contracts 435

Housing Wire

FEBRUARY 18, 2022

The National Association of Realtors reported that existing home sales for January came in as a big beat at 6.5 When you add move-up, move-down, cash and investor buyers into the mix, you will have steady replacement buyer demand from 2020-to 2024. million and 6.16 Total home sales for new and existing homes should be at 6.2

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Inventory Housing Market Buyers Investors 501

Housing Wire

AUGUST 26, 2024

It kind of started before the [ National Association of Realtors ] settlement went into effect, but commission compression is a real thing,” Brian Huskey, the broker-owner of Montana-based ERA American Real Estate , said. Traditionally we were seeing commissions here in the 5% to 6% range, but now it is more like 4.5%

Brokerage 511

Brokerage Agents Real Estate Business 511

Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 Then when you add move-up, move-down, cash, and investor buyers together, we should be able to always have total home sales — both new and existing — at 6.2 This number is above my trend sales peak of 6.2

Inventory 539

Inventory Investors Housing Market Buyers 539

Housing Wire

DECEMBER 13, 2024

In 2010, more than 23% of homes in America were underwater. According to a recent survey by the National Association of Realtors (NAR), the median down payment recently for all buyers is 18%, compared to down payments in the single digits during the housing bubble crash period.

Sellers 395

Sellers Mortgage New Listings Realtors 395

Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. But one positive reason for the low inventory is that homeowners have great financials and aren’t being forced to sell their homes out of stress. NAR: Total existing-home sales receded 4.3%

Inventory 505

Inventory Housing Market New Listings Buyers 505

Housing Wire

SEPTEMBER 30, 2020

The survey also noted evidence that predominantly Hispanic neighborhoods, or neighborhoods with a Hispanic population of 50% or more, saw more than double the amount of first-time home buyer activity than that of the rest of the country between the second quarter of 2019 and the second quarter of 2020.

Inventory 497

Inventory Real Estate Realtors Lending 497

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

AUGUST 22, 2023

“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. That’s reflected in today’s existing home sales report by the National Association of Realtors (NAR), where they fell again. When rates fall, demand picks up again.

Sellers 370

Sellers Marketing Inventory Housing Market 370

Housing Wire

FEBRUARY 21, 2023

million, according to a report from the National Association of Realtors (NAR) released Tuesday. Before that, you have to go back to October 2010 to find total sales this low.” Inventory remains low, but buyers are beginning to have better negotiating power,” Yun added. from December to a pace of 4.00 in January.

Inventory 370

Inventory Buyers Housing Market Contracts 370

Housing Wire

OCTOBER 16, 2023

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.

Agents 435

Agents Buyers Sellers Inventory 435

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 Even though mortgage rates are historically low, they still always matter because mortgage buyers are the biggest homebuyers in America. We still have some legs to move lower in sales.

Housing Market 528

Housing Market Marketing Inventory Realtors 528

Housing Wire

MAY 20, 2022

Since 2010, Bluff ton’s population has nearly tripled to about 34,000 making it one of America’s fastest growing towns. According to the Hilton Head Area Association of Realtors , the median home sale price jumped 15.3% But, I do believe it is going to be really competitive, and buyers are going to have to move fast to get a house.”.

Housing Market 434

Housing Market Marketing Real Estate Agent Real Estate 434

Inman

FEBRUARY 27, 2023

Knowing these trends and being able to discuss them with buyers and sellers will give Realtors a distinct advantage. Suggesting modern features to sellers to add to their homes before listing existing properties will also give agents additional power.

Real Estate Agent 148

Real Estate Agent Agents Real Estate Modernization 148

Housing Wire

JANUARY 7, 2022

The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year.

Housing Market 414

Housing Market Marketing Real Estate Agent Agents 414

Housing Wire

JUNE 21, 2022

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 Since March of this year, housing demand has been falling more and more, but inventory is still below the 2010, 2013, 2016, and 2019 levels, which is a nightmare. The housing nightmare continues. million , down 3.4% from last year.

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

SEPTEMBER 13, 2024

Sellers are happy that they sold their home for more money than they bought it for, and home buyers are happy you found them an asset that will increase in value. If you wish to upgrade your negotiation skills, consider signing up for a Real Estate Negotiations Expert (RENE) designation available through your local Association of Realtors.

Agents 448

Agents Real Estate Real Estate Agent Sellers 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 However, post-2010, we have had times when housing demand has gotten softer with higher mortgage rates. Housing demand has been stable for the past few years; we have never had a credit boom in demand since 2002-2005.

Housing Market 505

Housing Market Marketing Inventory Mortgage 505

Housing Wire

NOVEMBER 22, 2024

Clare Knapp, housing economist for the Austin Board of Realtors , counters the notion of a collapse “Austin is not the same Austin as it was eight years ago,” she said. The sheer amount of additional supply on the market has really given buyers more of a leg up,” she said. “I 20 — $4 less than the national average.

Marketing 367

Marketing Housing Market Property Taxes Construction 367

Housing Wire

OCTOBER 9, 2023

I know the one-stop-shop thing is cliché, but if you do it right, that can be a major benefit not only to the Realtor and the title company as ancillary income, but to the consumer who it is benefiting from efficiencies and better pricing through economies of scale,” LaRosa said. But the joint venture model may soon be on the way out.

Real Estate 468

Real Estate Insurance Real Estate Agent Brokerage 468

Housing Wire

MAY 18, 2023

From NAR : First-time buyers were responsible for 29% of sales in April; Individual investors purchased 17% of homes; All-cash sales accounted for 28% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 22 days. housing market inventory channels have changed due to how the U.S.

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

JUNE 10, 2022

Buyer morale is at an all-time low for good reason. For the past two years, mortgage rates were at historic lows, giving buyers more purchasing power. One month later, the Mortgage Bankers Association (MBA) reported the 30-year fixed rate rose to 5.2% — the highest level since 2010. Compared to the average 3.2%

Real Estate 416

Real Estate Buyers Insurance Mortgage 416

Empire Appraisal Group

DECEMBER 19, 2024

Despite Inventory Rise, Home Buyers Remain Cautious Source: [link] More listings are coming to the real estate market, but home sales continue to be sluggish. million, this is the lowest sales activity for existing homes since October 2010. Moderating home price increases are welcome news for home buyers, Yun says.

Inventory 78

Inventory Buyers Real Estate Realtors 78

Appraisal Buzz

JULY 8, 2024

Building upon recent initiatives Due to the VA’s efforts, the number of veterans experiencing homelessness has fallen by nearly 5% since early 2020, and by more than 52% since 2010. Under previous VA policies, veterans using the home loan benefit were prohibited from compensating their professional representative directly.

Legal 221

Legal Landlords Tenants Buyers 221

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

SEPTEMBER 13, 2024

HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming in the industry following the commision settlement by the National Association of Realtors (NAR). This interview has been edited for length and clarity.

Brokerage 414

Brokerage Real Estate Agent Agents Real Estate 414

Lamacchia Realty

OCTOBER 11, 2023

has released its “Top Producing REALTORS®,” for September 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! Lamacchia Realty, Inc. Most recently, Amy was named in the Boston Agent Magazine’s 2023 Who’s Who list !

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

MARCH 7, 2024

has released its “Top Producing REALTORS®,” for February 2024! 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! Lisa Gray is an experienced REALTOR® working out of the Salem, NH office and is licensed in MA, NH, and ME!

Realtors 72

Realtors Realty Real Estate Clients 72

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 68

Realty Realtors Real Estate Clients 68

Empire Appraisal Group

SEPTEMBER 9, 2021

Source: Study: Homes Get Larger While Lots Shrink | Realtor Magazine. The median home size is now about 2,260 square feet—up from 2,170 square feet in 2010. The median lot size, however, on a new home has decreased nearly 18% (10,500 square feet in 2010 to 8,700 square feet in 2020), according to a new analysis of U.S.

Real Estate 78

Real Estate Realtors Development Buyers 78

Housing Wire

DECEMBER 20, 2021

To help the most vulnerable population, Tara Roche, research manager for the Pew Charitable Trust , said that HAF will be available to those who are using alternative financing, such as land contracts (agreements directly between sellers and buyers) and loans secured by manufactured homes. “The situation is frustrating.

Mortgage 412

Mortgage Government Contracts Insurance 412

Housing Wire

DECEMBER 7, 2023

Visit Website Overview Since 2010, New England Real Estate Academy has been offering real estate classes and it was one of the first schools to be accredited to offer online training in 2016. According to Glassdoor.com , the estimated average salary for a Massachusetts Realtor is $154,301 annually. out of 5 stars Rating: 4.5

Real Estate 428

Real Estate Real Estate Agent Law Brokerage 428

McKissock

OCTOBER 26, 2020

That is if you’re representing the buyer, what should you look for in terms of that extra workspace? Buyers, he adds, need to watch the market carefully and be ready to pounce if a property comes on the market in a neighborhood they like. The Maine Association of Realtors’ monthly report says the median home sale price is up 17.4

Buyers 61

Buyers Sellers Agents Real Estate Agent 61

Eppraisal

FEBRUARY 9, 2024

increase in millennial population between 2010 and 2020, according to data from the U.S. Nashville: Music, Food, and Southern Charm Nashville experienced a remarkable 25% increase in millennial homeownership over the past decade, according to data from the National Association of Realtors. Census Bureau.

Housing Market 74

Housing Market Home Value Marketing Realtors 74

Lamacchia Realty

JANUARY 10, 2025

2024 was a very successful year for Kevin, as he served as the 2024 President of the National Association of REALTORS and was recently installed to continue his position in 2025. Sears Real Estate has been serving buyers and sellers since 1971, under the influential leadership of the late Paul Sears. Shaw Distinguished Service Award.

Realty 47

Realty Real Estate Brokerage Realtors 47

Empire Appraisal Group

FEBRUARY 25, 2021

Lots of Good Reasons | Florida Realtors. In 2010, owners stayed for 8.7 years in 2019 – but well ahead of 2010’s reading of 8.7 million homes for sale at the end of November was down 22% from November 2019, according to the National Association of Realtors® (NAR), and inventory sits near its lowest level in decades.

Realtors 60

Realtors Inventory Real Estate Sellers 60

Lamacchia Realty

JULY 14, 2023

Kara joined her family business, Foley Real Estate, in 2010 as a managing partner after a seven-year career in the investment banking industry. Kara will ensure the company’s culture and mission statement remains true and all staff and REALTORS® alike remain working smoothly and efficiently.

Realty 64

Realty Property Management Real Estate Realtors 64