Housing Wire

NOVEMBER 14, 2024

Emily Peckham’s FSBO Mastermind Group A specific group for agents who work with For Sale By Owner sellers, full of tips and strategies for more effectively finding and converting FSBO leads. Use these groups to find homes for picky buyers or find deals for your investor clients. Join BiggerPockets 15.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Realtors 418

Housing Wire

MAY 18, 2021

states from 2013 to 2020, correlated with rates of sales tax, income tax and property tax in 2020. Florida, specifically, has the seventh-lowest tax rate in the country and gained more residents than all but four other states from 2013 to 2020. The trend is reversed in high-tax states, where an average of 2.5

Real Estate 459

Real Estate Property Taxes Agents Buyers 459

Housing Wire

DECEMBER 6, 2023

“We’ve had a lot of requests for a buydown feature, and we hope it provides some relief to buyers during the current state of the housing market,” Zwick added. United Wholesale Mortgage and Rocket Mortgage offer lender-paid temporary rate buydown options in addition to seller-funded buydowns.

Mortgage 448

Mortgage Sellers Finance Housing Market 448

Housing Wire

FEBRUARY 29, 2024

Bureau of Labor Statistics from 2013 to 2023. This has the potential to add even more economic pressure for prospective buyers looking for homes in these parts of the country, the analysis stated. The impact is likely to be most felt in the nation’s largest metro areas.

Inventory 468

Inventory Supply Chain Construction Buyers 468

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. That competition helped lift average price execution (winning bid as percentage of seller reserve) for vacant REOs to 104.8% The post As vacant foreclosures increase, so does buyer interest appeared first on HousingWire.

Buyers 360

Buyers Development Renovations Retail 360

Housing Wire

JULY 30, 2021

In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. The same can be said about upgrades.

Renovations 505

Renovations Buyers Sellers Investing 505

Housing Wire

MARCH 24, 2025

As a listing agent, showcasing your sellers properties in the absolute best light possible is a vital component of the service you provide them. It translates to getting more buyers through the door, more offers and more money in the sellers (and your) pockets. This was a decade ago, so prices were much more buyer-friendly.

Real Estate 221

Real Estate Real Estate Agent Agents Sellers 221

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic.

Inventory 518

Inventory New Listings Law Sellers 518

Housing Wire

JANUARY 9, 2025

In this article, well cover the definition of a pocket listing, the pros and cons for both agents and sellers, and how to transact off-market legally and ethically. While Im sure there are instances where this is unfortunately the case, there are legitimate reasons why selling off-market is in the sellers best interest.

Sellers 397

Sellers Real Estate Agents Real Estate Agent 397

Housing Wire

DECEMBER 7, 2022

These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. As we can see below, none of that is happening today because the seller isn’t stressed.

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Appraisal Buzz

AUGUST 2, 2024

home seller pays a 2.55% commission to the real estate agent hired by their home’s buyer, according to a new analysis of MLS data by Redfin —down from an average of 2.62% reported in January. Commissions have been gradually declining over the past decade, from an average of 2.89% in 2013 to 2.66% in 2023. The typical U.S.

Agents 397

Agents Sellers Real Estate Agent Brokerage 397

Housing Wire

JULY 8, 2024

These sellers were on the market with another agent before and could not sell. This simple real estate script generates the best results because it acknowledges the sellers’ feelings and piques their interest: Hi. One of my favorite seller clients was a FSBO who I became friends with. This is [name] with [brokerage].

Real Estate 435

Real Estate Business Agents Sellers 435

Housing Wire

SEPTEMBER 18, 2024

According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. A referral estate referral occurs when a licensed agent or broker passes along a prospective buyer or seller to another licensed agent to handle a transaction. Everybody’s happy!

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019. They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. However, as we all know, after 2020, things are just more intense. .

Mortgage 514

Mortgage Inventory Sellers Housing Market 514

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Many of us are in sellers’ markets with very low inventory.

Real Estate 467

Real Estate Open Houses Brokerage Real Estate Agent 467

Housing Wire

FEBRUARY 23, 2021

gain “marks the best performance of housing prices in a calendar year since 2013,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones. Of course, this is all fantastic news for anyone looking to sell their home in 2021. December 2020’s 10.4%

Inventory 468

Inventory Finance Contracts Construction 468

Housing Wire

MARCH 23, 2022

It’s also driven more by mortgage buyers who tend to be older and make more money than the new-home buyers. Compared to the existing home sales marketplace, it doesn’t have a high cash buyer or investor buyer profile. Like home sellers, they try to make as much money as possible.

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

MAY 29, 2024

In modern times, membership hit a low point of 963,478 in February 2013 and climbed to a high of 1.60 The changes are likely to put pressure on buyers’ agents and shrink the $100 billion annual commission pot by as much as $30 billion over time, according to analysts at Keefe Bruyette & Woods (KBW).

Realtors 445

Realtors Agents Inventory Modernization 445

Housing Wire

JUNE 22, 2024

While we aren’t back to the usual trend we had between 2013 and 2019, the fact that we had growth is a plus. With more sellers who are buyers, we have a tad more demand this year. Now, context is critical; 2023 new listings data was at the lowest levels ever and 2024 looks to be second in the book.

Mortgage 482

Mortgage Inventory New Listings Contracts 482

Housing Wire

NOVEMBER 9, 2022

We saw this happen in 2013-2014 and 2018-2019. NAR total inventory data 1,250,000 One thing about purchase application data and demand is that a traditional seller is typically a buyer of a home. This time around, we have not seen the kind of housing credit boom that we did from 2002-2005. This means less demand for housing.

New Listings 508

New Listings Inventory Housing Market Sellers 508

Housing Wire

MAY 6, 2021

Created in 2004 by Barr Haney and Whitney Potter, OWN Marin generated $381 million in 2020 sales volume, the agent team reported, on 153 deal sides, meaning that the median home in which they represented seller or buyer was priced at $2.8 Formed in 2013, Compass went public after raising more than $1.5 billion in VC cash.

Brokerage 370

Brokerage Agents Legal Valuation 370

Housing Wire

AUGUST 21, 2023

Homelight , a platform for homebuyers and sellers, was No. 403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. 487 LiveEasy 1,204% 2013 Real estate software company changing the way people manage their move and their homes. 5000 edition. 4,105 FirstCloseFirstclose.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

JUNE 21, 2022

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. Home sellers with high equity aren’t as sensitive to higher rates because they bring a more significant down payment. The only way this happens is higher rates.

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

APRIL 15, 2022

Inventory falling again in 2022 created more forced bidding wars, which frustrates buyers, keeps potential sellers from wanting to list, and creates stress for real estate agents doing a lot of work with nothing to show for it. The last time this data line was fragile was back in 2013-2014. We saw this happen last year.

Housing Market 511

Housing Market Marketing Mortgage Inventory 511

Housing Wire

JULY 20, 2022

This is common in recent history, which has happened before in 2013/2014 and 2018/2019. Higher rates need duration so sellers can adjust their pricing reality. Today, home buyers already have more choices than what they had last year. #NAREHS pic.twitter.com/BrRmnVkBjN — NAR Research (@NAR_Research) July 20, 2022.

Inventory 518

Inventory Housing Market Marketing Realtors 518

Housing Wire

SEPTEMBER 18, 2024

Virtual open houses are a unique way to help you stand out from other agents as a tech-savvy marketer and can help get your listings in front of hundreds (possibly thousands) of potential buyers online. Another cool option is pre-recording a virtual open house that buyers can access anytime and watch on their own.

Open Houses 344

Open Houses Agents Real Estate Sellers 344

Empire Appraisal Group

APRIL 3, 2025

CHICAGO The concept of multi-generational housing homes that have adult siblings, adult children over the age of 18, parents and/or grandparents residing with the primary home buyer has been gaining traction over the past decade. There is more racial and ethnic diversity among multi-generational home buyers compared to all home buyers.

Buyers 78

Buyers Realtors Modernization Sellers 78

Housing Wire

AUGUST 18, 2023

. “Despite the current challenges of the residential market, we have stayed true to our vision – giving HomeSmart agents the tools and systems that enable them to provide their buyers and sellers outstanding service, all at the lowest brokerage fees in the industry,” Widdows wrote in an email. 5000 list this year. 5000 list. “We

Real Estate 370

Real Estate Brokerage Realty Real Estate Agent 370

Housing Wire

AUGUST 23, 2022

We had missed sales estimates in 2013, 2014 and 2015. The housing construction cycle is over, but the builders will finish their homes under contract and hope rates will fall soon to lock up buyers. With housing post-2020, home sellers and homebuilders had a lot of pricing power and pushed it on the consumer because they could.

Construction 370

Construction Housing Market Sellers Real Estate 370

Housing Wire

AUGUST 24, 2024

and even better, target both buyers and sellers with boosted posts and paid ads. You could also include any specific type of real estate you specialize in, such as new construction, working with first-time buyers or selling waterfront properties. This tells your audience where you will go to work with buyers and sellers.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Advertising 459

Housing Wire

AUGUST 5, 2020

Let’s look at this in a key discipline every mortgage, and real estate professional would want to practice as much as possible, to be as great as possible, to execute as consistently as possible – an initial conversation with a potential borrower (buyer/seller) who wants to buy a home and is inquiring about financing. And, that’s fair.

Real Estate 345

Real Estate Buyers Finance Mortgage 345

Housing Wire

MAY 26, 2022

As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. I am hoping that if demand gets weaker, home sellers won’t be so stingy and will lower their prices because they have so much equity now. housing market.

Inventory 526

Inventory Housing Market Construction Marketing 526

Cleveland Appraisal Blog

JANUARY 5, 2023

Interestingly, the number of active listings has dropped every year since at least 2013. Sellers are starting to realize that we are no longer in the same market as we were in 2020-2022. How much of their list price can sellers expect to see in future months? We can expect more listings in the future.

Housing Market 374

Housing Market Marketing Appraisal Inventory 374

Housing Wire

JANUARY 25, 2023

Absent hard proof, that potential move by the lender is still in the arena of rumor at this point, but perceptions do affect buyer and seller choices in the market. Fueling the rumor in this case is Wells Fargo’s recently announced plans to reduce its MSR portfolio, valued on its books at $9.3 billion as of the end of 2022, U.S.

Buyers 397

Buyers Investing Mortgage Marketing 397

Housing Wire

MARCH 1, 2023

There’s been a broader rise in interest rates but, in addition, the MBS market had the rug pulled out from under it [last year] by losing the main buyer with the Fed,” said Sean Banerjee, co-founder and CEO of ORSNN , a Seattle-based fintech that operates a cloud-based trading platform. trillion and to nearly $9.3

Marketing 397

Marketing Investing Mortgage Investors 397

Housing Wire

APRIL 25, 2024

Think of it as another concierge service to offer your buyers to help you stand out. The Houzz app is an excellent tool to add to your suite of buyer services, helping you stand apart as a professional home consultant–not just an agent. Frequently asked questions What are the best real estate apps for buyers?

Real Estate 467

Real Estate Agents Open Houses Tools 467

Empire Appraisal Group

JUNE 6, 2024

Study: All-Cash Buyers Pay 10% Less A new study shows sellers would rather leave money on the table and accept an all-cash sale than risk losing the sale completely because the mortgage falls through. We find sellers are willing to leave money on the table to avoid the risk.”

Buyers 78

Buyers Sellers Real Estate Finance 78