Housing Wire

MARCH 18, 2024

For agents navigating and servicing the American housing market , acknowledging its profound evolution over recent decades is crucial. Rental incomes skyrocket Since 2010, the number of renters earning annual incomes in excess of $200,000 jumped four-fold, according to U.S. Or, they are going back to renting!

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Housing Wire

JULY 3, 2024

Today’s housing market suffers from affordability issues due to mortgage rates in the 7s and high home prices. People are quick to panic over any part of the housing market that looks stressed, fearing we’ll see 2008 levels of destruction all over again. Consider: In the fourth quarter of 2010, 23.1%

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Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. from 2010 to 2020, Peoria’s population dropped 2.5%

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Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The market is just insane,” she said. “I

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Housing Wire

NOVEMBER 30, 2023

in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). Historically high rates harmed the housing market in October Annualized existing home sales remained below 4 million in October, the lowest rate since 2010. down from 72.6 in September.

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Housing Wire

SEPTEMBER 28, 2023

in August, according to data released Thursday by the National Association of Realtors (NAR). Yun also expressed concern about a possible government shutdown, which could worsen the conditions in the housing market. “It Buyers are hitting affordability ceilings, causing some of them to sit out the market.

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Housing Wire

APRIL 11, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010. million homes, which would mean the madness in the housing market would be over.

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Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. April was National Fair Housing Month. In February, NAR in partnership with Realtor.com released The Double Trouble of the Housing Market report.

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Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). This underscores the importance of increased inventory in helping to get the overall housing market moving,” Yun added. Pending home sales ticked up 1.1%

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Inventory Contracts Housing Market Realtors 435

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Housing Wire

MARCH 9, 2022

From 2010 to 2020, middle-income households gained $2.1 trillion in housing wealth, according to a new study by the National Association of Realtors , released on Wednesday. in 2010 to 29.8% NAR defined a middle-class homeowner as one earning an income of over 80% to 200% of the area median income. In 2020, just 27.7%

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Housing Wire

MARCH 29, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010. million homes, which would mean the madness in the housing market would be over.

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Inventory Housing Market Marketing Modernization 435

Housing Wire

NOVEMBER 19, 2020

The latter is a big deal for the roughly 650,000 Californians who, since 2010, have received a tax break allowing them to maintain their relatives’ low property taxes when they inherit the home. Now, heirs will pay market value in taxes. Monique Bryher, a broker-associate and realtor in California.

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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. NAR: Total housing inventory registered at the end of March was 1.11 million active listings per the last report, we have 526,000 per our last Housing Market Tracker article.

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Inventory Housing Market New Listings Buyers 505

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 Compare that to the 2010 demographic chart below, when that blue bump was still too young to kick in. In a recent interview on Bazaar , I went into the details of how we got into this housing dilemma. million and 6.16

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Inventory Housing Market Buyers Investors 501

Housing Wire

NOVEMBER 22, 2024

“Apartment rents have dropped by nearly 15% in two years, which is warp speed for the housing market. Austin fits the classic example of a boom/bust housing market, where a collapse is taking place.” Whitaker said that data should drive Austin’s rental market story. 20 — $4 less than the national average.

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Housing Wire

JUNE 17, 2021

housing market prices and conditions, and is available just 15 days after each month ends. from 2010, per a recent U.S. ” Nationwide, 31.4% of Redfin.com users looked to move to a different metro area in April and May — roughly the same share Redfin saw in the first quarter and up from 27% from a year earlier.

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Housing Wire

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. million in 2010. The NAR report also found that as a group, the share of first-time homebuyers dropped to a record low of 26% from 34% last year, and off the peak of 50% in 2010.

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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 million, that would mean it’s a good year for housing demand. From NAR : The median existing-home price for all housing types in October was $353,900, up 13.1% This number is above my trend sales peak of 6.2

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Inventory Housing Market Investors Buyers 539

Housing Wire

SEPTEMBER 8, 2022

Since many people think of housing as a wealth creator — and we want more Americans to have more wealth — then the government needs to make sure demand stays high enough for that wealth product to grow. The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5

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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 million.

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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.

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Housing Wire

JULY 26, 2021

The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. And the National Association of Realtors reported that, for the first time in a generation, housing prices rose in each of the 181 metro areas it tracks at the end of last year.

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Housing Wire

APRIL 28, 2022

At the same time, Realogy’s CEO noted that the housing market is still pretty good – at least if you’re not a consumer trying to buy a home. Despite the acute inventory shortage, the National Association of Realtors estimated this week that 5.6 million last year, but higher than any year between 2010 and 2019.

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Mortgage Brokerage Agents Real Estate 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.” In January, the seasonally adjusted sales pace for existing homes dropped 0.7% from December to a pace of 4.00 in January. year over year to $359,000.

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Inventory Buyers Housing Market Contracts 370

Housing Wire

AUGUST 10, 2023

Despite this below average year, NOAA and the NECI report that the average number of acres burned each year has steadily increased since 1983, with a significant acceleration of wildfire activity between 2010 and 2022. Mitigation measures – including removing bushes or firewood near homes – can make a difference, he noted.

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Housing Wire

JANUARY 12, 2022

This level, while historically still low, will mean the days on market will go higher, and this will give people choices. 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. What we have currently isn’t a balanced market.

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Housing Wire

FEBRUARY 1, 2023

Softer inflation recently is what led to a softer rate increase, Lawrence Yun, chief economist and senior vice president of research at National Association of Realtors said, noting that the central bank is showing its willingness to adjust policy based on data. That marks the slowest pace since 2010.

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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). . “Expensive regions of the country are especially feeling the pinch and seeing larger declines in sales.”

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Housing Wire

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

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Housing Wire

DECEMBER 13, 2024

In 2010, more than 23% of homes in America were underwater. Our new listing data for that time period shows there were between 250,000 and 400,000 new listings per week as many sellers with underwater mortgages were forced into a distressed market. The chart below shows which states experienced gains or losses in equity year-over-year.

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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.

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Eppraisal

FEBRUARY 9, 2024

In the dynamic world of real estate, certain markets are blazing trails as magnets for millennials seeking new opportunities and lifestyles. Here are the top ten hottest housing markets that millennials are flocking to, backed by compelling statistics that underscore their appeal. Census Bureau.

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Housing Wire

DECEMBER 20, 2021

If the program does break right, the benefits for the housing market are clear. In 2010, the Treasury launched the Hardest Hit Fund (HHF) program. But, due to rising house prices in his area, he is afraid he will not find a house to accommodate his family adequately. The program prevented $8.3

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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 !

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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

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Housing Market Marketing Construction Buyers 68

Empire Appraisal Group

DECEMBER 19, 2024

Read more from NARs latest housing report. Home buyers may finally be finding more inventory options this fall, but theyre still being cautious about entering the real estate market, the National Association of REALTORS reported Wednesday. from a year ago, NARs latest housing report shows.

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