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Opendoor launches… a brokerage?

Housing Wire

A spokesperson for Opendoor told HousingWire that the company is looking to staff its Home Reserve platform with independent contract agents, not salaried agents. Home Reserve , launched in May, enables Opendoor to list sellers’ homes while purchasing and reserving their next home with all-cash offers.

Brokerage 538
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Video: Mortgage rates continue to climb, deterring potential homebuyers

Housing Wire

Fewer sellers see the upside of listing now New listings volume each week remains very low, and there are very few sellers who want or need to sell into this market. And there is certainly no flood of sellers. This inventory build is from a dearth of buyers, not from a surge of sellers. That’s shockingly few.

Mortgage 482
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Did home sales momentum fizzle in December?

Housing Wire

In those times, we just had far more buyers than sellers. The total number of unsold homes on the market to start 2025 is just 18% fewer than at the start of 2018, seven years ago. In 2018, mortgage rates and inventory rose all year. When rates rise and stay high, like in 2018 or the last three years, inventory grows.

Inventory 448
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Will the housing market continue its hot streak in 2022?

Housing Wire

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. In a normal market, we tend to see about 30% to 35% of sellers initially over-price their homes and eventually reduce the price to attract buyers. That being said, keep an eye on rising interest rates.

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What rising inventory means for the 2025 housing market

Housing Wire

While we have 27% more homes for sale now than last year, we have 22% fewer homes on the market than at the end of 2018. New listings When we look at the sellers entering the market, there were 45,000 new listings last week. That is 14% more home sellers listing their properties in December than the same week a year ago.

Inventory 418
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11 real estate social media marketing strategies that actually work

Housing Wire

PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts. Visit Coffee & Contracts 3. So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers.

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New listings data is growing and prices still aren’t crashing

Housing Wire

Today, we will examine new listing data more extensively to provide a clear example of a stressed seller market and compare that to where we are today. 2015 81,875 2016 80,293 2017 84,293 2018 98,972 2019 87,278 Now, let me show you what stressed sellers’ data looks like.