Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. While the median age of buyers gradually increased over the course of two decades, the COVID-19 pandemic sped it up.

Real Estate Agent 345

Real Estate Agent Buyers Sellers Realtors 345

Housing Wire

FEBRUARY 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. The loan pre-qualification step is an area that almost all parties need for a successful outcome (consumers, real estate agents, loan officers, insurance agents).

Real Estate Agent 368

Real Estate Agent Real Estate Agents Loan Officers 368

Appraisal Buzz

MARCH 14, 2025

month-over-month on a seasonally-adjusted basis, hitting the highest level since the early days of the pandemic (June 2020). Some homes are attracting bidding wars like its 2020 again, while others are sitting on the market for weeks with no action, said Desiree Bourgeois, a Redfin Premier Real Estate Agent in Detroit.

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Contracts HOA New Listings Real Estate Agent 393

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. properties , another rapidly expanding brokerage franchise, has always fancied itself as a brokerage with real tech bonafides. In 2020, it launched its own agent-focused product, dubbed “pl@tform.” Real estate agents are busier than ever.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

FEBRUARY 28, 2025

The trend is most pronounced in Atlanta, Las Vegas, Houston, and parts of Florida , where increasing housing supply is leading to a buyers market. With less competition, some buyers are backing out during the inspection period, hoping for a better deal. Some buyers are getting cold feet with everything going on in the world.

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Inspection HOA Buyers Real Estate Agent 356

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Marketing 468

Housing Wire

MARCH 14, 2025

Median list price of homes from September 2020 to present (Source: Altos) If you want more statistics like these that are specific to your location, check out Altosthats where all the stats above are from! Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer.

Real Estate 354

Real Estate Marketing Real Estate Agent Sellers 354

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I million in the first quarter of 2020. But some segments of pre-foreclosure buyers are purchasing at much bigger discounts.

Retail 448

Retail Buyers Renovations Finance 448

Housing Wire

JULY 28, 2023

Outsiders to the real estate industry may assume that the tight market has real estate agents hanging up their hats. In reality, today’s agents are seizing the market and feeling confident. Real estate agents are still confident in the industry and the market. The answer is undeniable.

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Real Estate Agent Real Estate Agents Housing Market 370

Housing Wire

JULY 16, 2021

Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. In 2020, roughly 25% of homebuyers paid cash for their properties. “I just sold a $700,000 home to a cash buyer last week. .

Buyers 545

Buyers Real Estate Agent Real Estate Housing Market 545

Housing Wire

FEBRUARY 10, 2021

Zillow Group reported fourth quarter 2020 earnings of $789 million on Wednesday, easily beating Wall Street’s estimates. For the year 2020, Zillow posted $343 million in EBIDTA. For 2020, Zillow reported 9.6 from the end of December 2020 to March 2021, and by 10.5% billion visits. through December 2021.

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Home Value Advertising Real Estate Agent Real Estate 418

Housing Wire

JUNE 11, 2021

Most of the highest producing real estate agents in the country belong to an established, national brokerage. RealTrends , which is owned by HW Media , on Friday released its annual list of the top 1,000 agents in the country for 2020, with separate tallies for sales volume and the number of deals done.

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Agents Brokerage Realty Real Estate 459

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. But buyers shouldn’t get too excited. of offers written by Redfin agents facing competition in August. In August, 58.8%

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Buyers Inventory Real Estate Agent Sellers 468

Housing Wire

APRIL 13, 2021

1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap.

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Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

AUGUST 9, 2023

This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge. Since 2020, Addressable has facilitated nearly $2 Billion in home sales across 44 states.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

JANUARY 27, 2025

Can you build a thriving real estate business on TikTok? She went from a brand new agent in 2020 to running her wildly successful boutique brokerage with Side in less than four years. No cold calling, no door knocking just (patiently) educating new and move-up buyers with quick-hit educational TikTok videos.

Agents 369

Agents Business Real Estate Real Estate Agent 369

Appraisal Buzz

FEBRUARY 13, 2025

According to a new report from Redfin , homebuyers have the most options since 2020, but few are biting because rising housing costs have made monthly payments tough to swallow. Thats a week longer than a year earlier, marking the longest period for any January since 2020. Pending home sales dropped 4.2% year-over-year.

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Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

APRIL 5, 2021

” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. The post Threat of climate change looms large for some home buyers appeared first on HousingWire. “I had one client in St.

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Buyers Real Estate Agent Real Estate Brokerage 493

Housing Wire

MAY 28, 2021

” How real estate agents can alleviate consumer pain points in a tight market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. But that’s not slowing down buyers. from a year ago.

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Buyers Real Estate Agent Real Estate Inventory 448

Housing Wire

NOVEMBER 14, 2023

Here are 14 real estate trends Gen Z buyers won’t pass up. Gen Z likes to stay close to home With the continued trend of remote work and little desire for a long commute, Gen Z buyers are moving to homes in walkable communities with nearby amenities. Gen Z values diversity and inclusivity.

Real Estate 514

Real Estate Buyers Renovations Open Houses 514

Housing Wire

FEBRUARY 23, 2021

In 2018, real estate agent Luis Robledo received a lead for a potential buyer looking to live in Venice Beach, California. The lead had come through Ylopo, a real estate digital marketing solution that aims to help agents find more clients while simultaneously building their brand and team.

Real Estate Agent 326

Real Estate Agent Real Estate Agents Clients 326

Housing Wire

MARCH 18, 2025

Many consumers like having an agent guide them through the process, particularly because its nearly impossible for a buyer or seller to execute the transaction on their own. As a result, the percentage of buyers and sellers using a traditional brokerage over a discount firm has actually gone up over the past 20 years. .”

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Brokerage Agents Housing Market Realty 377

Housing Wire

MARCH 2, 2023

“Prior to the COVID-19 pandemic, it was normal for inventory to rise in February as the spring home sellers began listing their homes and buyers weren’t yet out in force,” Simonsen wrote in his February 13 housing market update. We are seeing some modest increases, but the pressure is still there for the buyers,” Redding said.

Real Estate Agent 418

Real Estate Agent Inventory Real Estate Agents 418

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Now it is a different conversation.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I I have buyers that are looking, but to find a house that you love enough to pay a high price for — and to be at over a 6.5%

Inventory 459

Inventory Buyers Agents Real Estate 459

Housing Wire

SEPTEMBER 11, 2020

Real estate agent safety has been a concern for years, as the job requires showing empty homes or homes occupied by others, and meeting new people, often alone. As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report.

Open Houses 545

Open Houses Realtors Real Estate Agent Real Estate 545

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? billion in Missouri alone.

Clients 459

Clients Agents Buyers Sellers 459

Appraisal Buzz

FEBRUARY 17, 2025

Lock-in Effect Moderates as Buyers Adjust to Elevated Rates The lock-in effect has discouraged homeowners from listing their homes for sale, which has contributed to Americas acute housing scarcity. The rate-lock effect is letting up a bit here in Seattle, said local Redfin Premier real estate agent David Palmer.

Mortgage 347

Mortgage Real Estate Agent Home Value Agents 347

Housing Wire

MARCH 18, 2021

The progression of homebuying over the past year has seen prospective buyers adjusting their preferred destination plans again, and again, and again. For a time, Colorado Springs became the de facto destination for buyers priced out of living in Denver. Housing professionals need to find ways to better meet buyer needs.

Housing Market 543

Housing Market Marketing Real Estate Agent Buyers 543

Housing Wire

SEPTEMBER 18, 2024

Real estate referral fees are also a fantastic way for experienced and busy agents to get a nice paycheck without doing much work. According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. What is a real estate referral fee?

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

MAY 22, 2024

From waiving inspections and financing contingencies, to free leasebacks and uncapped escalation clauses, real estate agents say that buyers in Rhode Island are willing to do almost anything to get into a house right now. “It For buyers, the tight inventory has meant frequent compromises to their search parameters.

Buyers 407

Buyers Inventory Marketing Real Estate 407

Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. A buyer’s market in 2021? It’s not likely we’ll see a buyer’s housing market in 2021, at least according to experts.

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Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

JULY 2, 2024

The tool — Cloud CMA —provides real-time reports, presentation tools, and other offerings that both companies believe will help agents show their clients that they possess the knowledge to guide them through buying and selling homes. ” This isn’t Lone Wolf’s first partnership with an MLS this year.

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Technology Real Estate Agent Real Estate Tools 430

Appraisal Buzz

JULY 23, 2024

Buyers are getting more and more selective,” said Julie Zubiate, a Redfin Premier real estate agent in the San Francisco Bay Area. Buyers often back out during the inspection period because they find something they don’t like, but affordability is really the underlying issue. of homes that went under contract.

Buyers 396

Buyers Contracts HOA Property Taxes 396

Appraisal Buzz

DECEMBER 30, 2024

Redfin reports that active listingsthe total number of homes for sale climbed to the highest level since 2020 in November on a seasonally adjusted basis, rising 0.5% Redfin reports a major reason for the jump in housing supply is a pileup of unsold homes, many of which buyers have deemed undesirable because they seem overpriced.

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HOA Inventory Real Estate Agent Contracts 221

Housing Wire

JULY 13, 2021

Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% But recently, we’ve started to see buyers get cold feet. Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. in May and a peak of 74.1%

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Inventory Housing Market Real Estate Agent Buyers 511

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. So far, Offerpad’s agents have played a bit role in the company’s growth.

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Agents Real Estate Agent Real Estate Sellers 435