Housing Wire

APRIL 9, 2024

Founded in 1971 by Paul Sears, Sears Real Estate is owned and operated by the family of current National Association of Realtors president Kevin Sears. Not only am I super excited to be working with Brian and Kevin Sears, but also Dan Rodriguez, and James Cichetti along with all the Realtors at Sears Real Estate.

Realty 448

Realty Brokerage Real Estate Realtors 448

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). Meanwhile, existing home sales in September fell to their lowest level since 2010, Realtor.com Senior Economic Research Analyst Hannah Jones said in an emailed statement.

Inventory 435

Inventory Contracts Housing Market Realtors 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. The measure, which was supported by the California Association of Realtors (to the tune of $35.7 vote , a pro-Prop 19 website.

Property Taxes 493

Property Taxes Realtors Inventory Law 493

Housing Wire

JANUARY 11, 2024

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. In addition to serving his local and state Realtor organizations, Sears has served NAR in multiple roles over the years.

Realtors 448

Realtors Real Estate Legal Law 448

Appraisal Buzz

MARCH 9, 2022

National Association of Realtors ’ (NAR) new “Housing Wealth Gains for the Rising Middle-Class Markets” study examines the distribution of housing wealth between 2010 and 2020 across income groups and in 917 metropolitan or micropolitan areas. Within that timeframe, total housing wealth for this income group surged by $2.1

Realtors 150

Realtors Appraisal Marketing 150

Housing Wire

SEPTEMBER 28, 2023

in August, according to data released Thursday by the National Association of Realtors (NAR). Mirroring the trend for new home sales , pending home sales fell 7.1% All four regions of the U.S. posted month-over-month and year-over-year declines in transactions.

Housing Market 497

Housing Market Contracts Government Buyers 497

Housing Wire

APRIL 14, 2023

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 459

Realtors Buyers Inventory Investors 459

Housing Wire

APRIL 11, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010.

Inventory 514

Inventory Housing Market Marketing Modernization 514

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.

Sellers 418

Sellers Buyers Real Estate Agent Real Estate 418

Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. Dr. Jessica Lautz is vice president of Demographics and Behavioral Insights at the National Association of Realtors.

Housing Market 476

Housing Market Realtors Buyers Inventory 476

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.

Inventory 435

Inventory Realtors New Listings 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 Compare that to the 2010 demographic chart below, when that blue bump was still too young to kick in. This is well above my peak sales ranges for 2022, as the sales trend forecast was between 5.74 million and 6.16

Inventory 501

Inventory Housing Market Buyers Investors 501

Housing Wire

MARCH 29, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010.

Inventory 435

Inventory Housing Market Marketing Modernization 435

Housing Wire

JULY 3, 2024

Consider: In the fourth quarter of 2010, 23.1% 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. Today that situation has improved significantly. of homes were underwater.

Housing Market 385

Housing Market Marketing New Listings Contracts 385

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 397

Sellers Mortgage New Listings Realtors 397

Housing Wire

MARCH 18, 2024

Fast forward to today, and the national average home price checks in at $417,700 as of the fourth quarter of last year, with California coming in more than double that at $843,000, according to data from the California Association of Realtors. Or, they are going back to renting! Census Bureau data.

Real Estate Agent 458

Real Estate Agent Housing Market Real Estate Agents 458

Housing Wire

SEPTEMBER 30, 2020

A report by the Latino Donor Collaborative found that Latino GDP grew 72 percent faster than non-Latino GDP over the entire period from 2010 to 2018. The National Association of Realtors saw the median home price jump 8.5% While barriers, these goals are not unachievable.

Inventory 497

Inventory Real Estate Lending Realtors 497

Housing Wire

JULY 26, 2021

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. Since 2010, Bank of America , Wells Fargo , and JPMorgan Chase have all paid multi-million-dollar settlements in response to U.S.

Mortgage 514

Mortgage Lending Real Estate Agent Government 514

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.

Insurance 370

Insurance Construction Realtors Development 370

Housing Wire

JUNE 17, 2021

from 2010, per a recent U.S. Many people look at this surge we’ve been seeing in local home prices and home sales over the past five or six months and say these conditions are defying logic,” said Thomas Blanchard, the most recent president of the Greater Las Vegas Association of Realtors and managing broker for Signature Real Estate Group.

Real Estate 476

Real Estate Housing Market Marketing Realtors 476

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

APRIL 28, 2022

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. 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.

Mortgage 370

Mortgage Brokerage Agents Real Estate 370

Housing Wire

APRIL 30, 2021

from 2010, per a recent U.S. The Scottsdale housing market, it appears, has joined the list of popular destinations, and even the heat isn’t scaring people off, according to local Realtors. Over the past 10 years, Arizona has enjoyed the ninth-largest population increase in the past 10 years, up 11.8% Census report.

Housing Market 543

Housing Market Marketing Real Estate Real Estate Agent 543

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

Inman

NOVEMBER 6, 2023

Well, figures recently released by the National Association of Realtors (NAR) put the industry back in 2010. It's an oft-repeated adage that real estate is cyclical. That's because existing home sales have dropped over 15 percent year-over-year.

Inventory 187

Inventory Realtors Real Estate Marketing 187

Housing Wire

OCTOBER 27, 2023

After filing a motion for a judgment as a matter of law late Thursday, the National Association of Realtors’ request was denied by Judge Stephen Bough. in 2010, before gradually climbing to 2.67% in 2019. Two of the slides he uses show average commissions on the sell side and the buy side for KW agents between 2002 and 2019.

Agents 482

Agents Real Estate Law Realtors 482

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

Inventory 418

Inventory Contracts Mortgage Realtors 418

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 Hopefully, this chart gives you some context to previous times when rates have risen post-2010. million , with double-digit home-price growth driving a housing market that is still savagely unhealthy.

Housing Market 528

Housing Market Marketing Inventory Realtors 528

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

Eyes on Housing

OCTOBER 19, 2023

Existing home sales in September fell to lowest level since October 2010 as limited inventory and higher mortgage rates continued to weigh on homebuyers, according to the National Association of Realtors (NAR).

Inventory 189

Inventory Mortgage Realtors 189

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

Housing Wire

JANUARY 7, 2022

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. from 2010 to 2020, Peoria’s population dropped 2.5% But overall demand is on the rise. Springfield, Missouri. national unemployment rate.

Housing Market 418

Housing Market Marketing Real Estate Agent Agents 418

Housing Wire

MARCH 31, 2022

“While taking time and cost out of the real estate transaction, we are empowering the Realtor, lender, and consumer with greater transparency and new technologies, including digital closing,” said Steve Ozonian. ” Patrick F. Stone , Founder and Executive Chairman, Williston Financial Group.

Real Estate 418

Real Estate Human Resources Technology Insurance 418

Housing Wire

AUGUST 22, 2023

That’s reflected in today’s existing home sales report by the National Association of Realtors (NAR), where they fell again. As we can see in the chart below, since 2010, whenever rates rise, demand falls. We are getting closer and closer to the low 4 million print we had in January. When rates fall, demand picks up again.

Sellers 370

Sellers Marketing Inventory Housing Market 370

Eyes on Housing

NOVEMBER 21, 2023

Existing home sales in October fell to the lowest level since August 2010, as limited inventory and higher mortgage rates continued to weigh on homebuyers, according to the National Association of Realtors (NAR).

Inventory 173

Inventory Mortgage Realtors 173

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.

Buyers 418

Buyers Mortgage Landlords Law 418