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.” In January, the seasonally adjusted sales pace for existing homes dropped 0.7% from December to a pace of 4.00 in January.

Inventory 370

Inventory Buyers Housing Market Contracts 370

Housing Wire

OCTOBER 20, 2022

Higher mortgage rates continued to impact home sales over the last month, with existing home sales declining in September for the eighth consecutive month, according to a report from the National Association of Realtors (NAR). . regions experiencing month over month contractions. .” on a year over year basis, dropping to 4.71

Inventory 418

Inventory Contracts Mortgage Realtors 418

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. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount.

Agents 435

Agents Buyers Sellers Inventory 435

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

Appraisal Today

SEPTEMBER 8, 2023

Most recently, the 2010 build became one of the most expensive homes on the market when it hit the market in early August at the greatly reduced $26 million listing price. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.21 percent from 7.31

Appraisal 80

Appraisal Contracts Business Construction 80

Will Springer Realtor

OCTOBER 15, 2024

“The recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months,” Lawrence Yun, chief economist for the National Association of Realtors® said in September. months, the greatest since April 2010 (14.5

Housing Market 68

Housing Market Marketing Construction Buyers 68

Will Springer Realtor

FEBRUARY 13, 2024

Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). We know buyers are eager to purchase properties, as 39% more homes went under contract in January (1719 units) compared with the previous – admittedly quiet – month. higher than January 2023.

New Listings 57

New Listings Buyers Inventory Lending 57

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Scary, indeed, but are these signs of a pending housing recession? by the middle of next year from 3.8%

Finance 68

Finance Inventory Construction Buyers 68

Housing Wire

SEPTEMBER 25, 2023

The authority to provide new flood insurance contracts will expire,” the CRS report said. Flood insurance contracts entered into before the expiration would continue until the end of their policy term of one year.” The borrowing authority of NFIP from the U.S. “In

Insurance 468

Insurance Lending Mortgage Government 468

Will Springer Realtor

DECEMBER 19, 2023

Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. home sales – 3.79M on an annual basis through October – is at a low not seen since August 2010. Affordability kept consumers in their current residences.

Real Estate 69

Real Estate Buyers Sellers Inventory 69

Will Springer Realtor

MAY 9, 2022

Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55). That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past. UPDATE: This home is now under contract, pending inspection.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. between 2010 and 2020 to edge out Denver (22.9%) and Portland, Ore.-Vancouver, The aim is to generate more multi-family housing, from duplexes to fourplexes. Vancouver, Wash.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. They have declined for two consecutive months, according to the National Association of Realtors®.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

APRIL 11, 2022

The costs of buying the same home this year compared to just one year ago have risen by 40% from a combined impact of higher home prices and soaring mortgage rates, according to Lawrence Yun, chief economist for the National Association of Realtors® (NAR). We have yet to see a significant slowdown locally. from 44.2%

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

In his estimate: “Homebuilding’s going to contract.”. Most economists expect any recession to be relatively short and shallow – certainly nothing like the Great Recession of 2008-2010. Nationally, the experts believe home sales will sink between 7% (National Association of Realtors®) and 14% (realtor.com) from 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Assurance Financial

NOVEMBER 9, 2021

In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements. Avoid contingencies: You should be wary of offers that include contingencies, as any unmet stipulations can enable buyers to back out of their contracts.

Marketing 36

Marketing Sellers Real Estate Buyers 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >> That’s the first time a Fed official has acknowledged the U.S. We are nowhere near that! from this time last year.

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Houston Properties

JANUARY 13, 2021

Top Ranked Realtors: Paige Martin & The Houston Properties Team. We also believe these trends will create limited appreciation for inner loop neighborhoods known for small lots, choppy floor plans, with lots of construction from the 1990’s – 2010, especially zoned to not-top-ranked schools. I May Need To Sell. Caveat emptor.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home.

Design 36

Design Construction Development Property Taxes 36