Housing Wire

OCTOBER 18, 2024

Buyers are not required to prepare their current home for sale until after they move into the new property. Calque also offers buyers a guaranteed offer on their current home to reduce risk. “It In other words, if a buyer can sell their home in a specific timeline, the contingency is pulled and the buyer can purchase the property.

Mortgage 448

Mortgage Buyers Contracts Finance 448

Housing Wire

FEBRUARY 27, 2025

Redfin agents in the state say that its now a buyers market where sellers have to make concessions to bring buyers to the table. However, mortgage rates staying stubbornly around 7% are preventing many would-be buyers from entering the market. Active listings landed at 212,437 at the end of January, a staggering 19.4%

Inventory 387

Inventory Marketing HOA Buyers 387

Appraisal Buzz

JANUARY 27, 2025

According to an early January 2025 survey of 145 individuals who have previously bought properties on Auction.com, roughly 43%of buyers said the results of the November 2024 election increased their willingness to buy properties at auction, while only 3% said the results decreased their willingness to buy.

Sellers 415

Sellers Buyers Marketing Real Estate 415

Appraisal Buzz

FEBRUARY 25, 2025

As inflation continues to impact the wallet of Americans, potential home buyers are being impacted as well. The amount of money homebuyers are putting down is higher than a year ago mainly because home prices are up: A higher price means buyers typically make a bigger deposit. homebuyers down payment was 16.3% The median U.S.

Buyers 377

Buyers Renovations Mortgage Housing Market 377

Housing Wire

OCTOBER 24, 2024

The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform. The company noted that the supply of properties available at auction dropped to its lowest level since Q3 2021, when the post-pandemic federal foreclosure moratorium was still active.

Housing Market 482

Housing Market Marketing Retail Development 482

Housing Wire

FEBRUARY 17, 2025

“With full integration into Final Offer, buyer agents can share and comment on exclusive listings and then make offers and negotiate the transaction seamlessly within one integrated platform.” It currently operates in 11 U.S. states and in Canada.

Marketing 397

Marketing Brokerage Realtors Agents 397

Housing Wire

JANUARY 9, 2025

On the balance, there are still more buyers with their eye on a purchase than there are houses on the market. In contrast, during the pandemic, the median-price peak jumped from $279,000 in 2019 to $319,000 in 2021 before falling to $310,000 in 2022. Data from Altos Research supports Feinsteins observations. as of Jan. a year ago.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Housing Wire

APRIL 2, 2025

” Over the past 12 months, Roam has grown by 500% and registered 200,000 buyers looking for a more affordable way to buy a house. Assumable mortgages let buyers take over a sellers loan, with Federal Housing Administration (FHA) and Veterans Affairs (VA) loans about one-third of all U.S. mortgages eligible by law.

Mortgage 319

Mortgage Sellers Buyers Law 319

Housing Wire

DECEMBER 20, 2024

Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Investor purchases at the national level peaked in June 2021 at 148,670. Home sales in 2024 have been well below historic norms. But even investors have purchased fewer homes this year. compared to September 2023.

Investors 448

Investors Housing Market Marketing Real Estate 448

Housing Wire

JANUARY 22, 2025

SmartSale allows homeowners to sell their homes through direct offers from buyers or an auction process. The supply of properties available at auction dropped to its lowest level since Q3 2021, when the post-pandemic federal foreclosure moratorium was still active.

Real Estate Agent 370

Real Estate Agent Real Estate Sellers Buyers 370

Housing Wire

JUNE 24, 2024

Bright MLS — one of the nation’s largest multiple listing services that covers six Mid-Atlantic states and the District of Columbia — recently polled buyer and seller agents on what their clients are thinking during their home searches, including thoughts on mortgage rate hikes that have plagued other markets. Another 23.5%

Buyers 418

Buyers Mortgage Clients Sellers 418

Housing Wire

FEBRUARY 23, 2024

In December 2023, a startling rumor started to spread on social media — that large institutional buyers had purchased 44% of the available homes on the market in 2023, leaving policymakers concerned with the potentially predatory grip of these entities. HousingWire lead analyst Logan Mohtashami immediately debunked the claim.

Buyers 448

Buyers Investors Real Estate Insurance 448

Housing Wire

FEBRUARY 20, 2025

In contrast, first-time buyers accounted for only 44% of the market, down from 50% in 2023. In 2019, 47% of Black homebuyers were purchasing for the first time, a figure that plunged to 35% in 2021 after the COVID-19 pandemic. These factors disproportionately impact lower-income households and Black buyers in particular, Zillow said.

Housing Market 364

Housing Market Buyers Law Lending 364

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

Appraisal Buzz

DECEMBER 19, 2024

More buyers have entered the market as the economy continues to add jobs, housing inventory grows compared to a year ago, and consumers get used to a new normal of mortgage rates between 6% and 7%. has been a difficult market for would-be home buyers. Buyers should still expect to encounter a competitive market in the year ahead.

Inventory 396

Inventory Realtors Buyers Contracts 396

Housing Wire

MARCH 18, 2025

Since the first quarter of 2021, Redfins agent count has fallen by 22.5%. 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. It shows in the data. Redfin leaned into that, and it didn’t work.”

Brokerage 418

Brokerage Agents Housing Market Realty 418

Appraisal Buzz

JANUARY 8, 2025

What should be the most competitive markets for buyers this year share two characteristics: relative affordability and a dearth of available homes. In chillyBuffalo, competition among buyers will remain hot, with employment growing far faster than builders are adding homes, saidSkylar Olsen, Chief Economist at Zillow.

Buyers 370

Buyers Sellers Home Value Construction 370

Appraisal Buzz

OCTOBER 14, 2024

in December 2021. The slow climb back continued steadily until interrupted in 2021, but the course has now been corrected. Hispanic-owned homes are currently worth 11.9% less than homes owned by non-Hispanic white households, down from 12.1% last year and a recent high of 12.4%

Home Value 394

Home Value Construction Buyers Mortgage 394

Housing Wire

NOVEMBER 7, 2024

Now, soaring premiums demand more careful review and sticker shock is prompting buyers to walk away from deals, especially in states like Florida and Texas. As an example, he shared a case in which a condominium that burned down in 2021 took 13 months to rebuild, increasing the insurance payout due to loss of use.

Insurance 482

Insurance Supply Chain Real Estate Design 482

Housing Wire

OCTOBER 31, 2024

We’re excited about how this will enhance property listings across the world, as well as what professionals can bring to the table for potential home buyers.” The company was acquired by Clear Capital in 2021 and houses 30-plus MLS organizations in its network.

Tools 476

Tools Agents Property Management Real Estate 476

Housing Wire

JANUARY 17, 2025

While we will likely not experience anything like we did in 2021 or 2022 those years were not typical and nor do we want them to be there are clear signs of improvement. More buyers in the market mean more offers, which drives prices up for great properties. Inflation and high rates have created hurdles for many first-time buyers.

Real Estate 370

Real Estate Buyers Sellers Marketing 370

Housing Wire

FEBRUARY 18, 2025

But last year, only one-third of buyers purchased homes with cash, representing a three-year low point. ” In 2021, more than 1 million cash purchases hit the housing market. Real estate investors stormed the housing market in 2021 once pandemic-driven concerns dissipated. That was the highest volume dating back to 2014.

Real Estate 355

Real Estate Investors Housing Market Buyers 355

Housing Wire

APRIL 25, 2024

While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a few weeks ago in early April 2024. “It Buyers are really struggling.” But rising prices are not the only financial challenge buyers are having to contend with right now.

Buyers 459

Buyers Marketing Inventory Investors 459

Housing Wire

NOVEMBER 4, 2024

This indicates that buyers and sellers alike are showing signs of frustration in waiting for rates to fall. Builders permits for single-family homes declined by 2% year over year in September and are down 23% from their post-pandemic peak in 2021, when permits reached a 15-year high. million units.

Marketing 370

Marketing Inventory Construction Realtors 370

Housing Wire

NOVEMBER 22, 2024

Investors are finding a balance after several years of whiplash: They bought up homes at a frenzied pace in 2021 and the beginning of 2022, then quickly backed off when the housing market slowed as mortgage rates rose,” Redfin senior economist Sheharyar Bokhari said in a statement. Investors purchased $38.8 Now there’s a middle ground.

Investors 488

Investors Real Estate HOA Housing Market 488

Housing Wire

MARCH 31, 2025

million new residents between 2021 and 2023, but the demographic shift tells a troubling story. Cash buyers dominate the market, accounting for 42% of home purchases. .” Migration wave reshapes Florida economy Florida gained nearly 2.76 New York remains the top feeder state for Florida at 18% of all incoming residents.

Insurance 448

Insurance Property Taxes Construction Transportation 448

Housing Wire

SEPTEMBER 15, 2023

Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Buyers get sticker shock when they see their high rate on paper alongside extra expenses for maintenance, repairs and closing costs. year over year, the largest annual decline since June 2021. The median U.S.

Buyers 448

Buyers Mortgage New Listings Real Estate 448

Appraisal Buzz

MARCH 27, 2025

As inventory recovers, the housing market is very slowly tilting toward more balance between buyers and sellers. Todays home sales are skewed toward higher-end homes, and this means larger down payments from more financially prepared, high-earning buyers as entry-level and lower-earning buyers sit out. and $27,200 in 2023.

Buyers 248

Buyers Inventory Housing Market Government 248

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? One of the researchers, Will Fried, had a hunch.

Clients 459

Clients Agents Buyers Sellers 459

Housing Wire

MARCH 8, 2024

At the height of the pandemic there were bidding wars and all that, but it didn’t seem impossible, but now it seems impossible to get our buyers into homes,” said Heather Corrigan , a RE/MAX Signature Homes agent based in Closter, a borough that is 24 miles north of Manhattan and renown for its schools. Now it is a different conversation.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

JANUARY 29, 2024

mortgage rate, the prospective buyer with a $3,000 budget can afford a $453,000 home. In October, a buyer with the same monthly budget and a 7.8% Redfin agents report that buyers have come to terms with rates in the 6s, even if they’re double the historically low costs that buyers had during the early stages of the COVID-19 pandemic.

Buyers 435

Buyers Mortgage Agents Investors 435

Appraisal Buzz

MARCH 25, 2025

Berner added, With months of supply remaining in buyers market ranges for new builds, we continue to see more completed homes for sale than ones that havent been started yet. Overall, the inventory build-up suggests that new home buyers are starting to pull back. What Lies Ahead?

Inventory 317

Inventory Construction Buyers Development 317

Housing Wire

FEBRUARY 12, 2024

In 2021 there were actually more total sellers, but at the peak of the frenzy, so many of those were immediate sales that they never get counted as active inventory. Immediate sales If sellers are growing we need to know if buyers are growing too. And the spring buying season will have improved selection for home buyers.

Sellers 468

Sellers Housing Market Buyers New Listings 468

Housing Wire

FEBRUARY 25, 2025

observed in 2021 and are seeing below-trend growth over the history of the index,” said Brian Luke of S&P Dow Jones Indices. “Mortgage rates nearing 7% in January seem to have affected buyers more than sellers,” Zillow senior economist Kara Ng said. National home prices have risen by 8.8%

Housing Market 368

Housing Market New Listings Inventory Sellers 368

Appraisal Buzz

NOVEMBER 1, 2024

year-over-year, in part because to builders’ efforts to attract buyers with incentives including cash toward closing costs and mortgage-rate buydowns. Single-family home building permits fell 23% from their 15-year peak in early 2021 and 2% year-over-year in September. Overall U.S.

Construction 370

Construction Inventory Real Estate Agent Agents 370

Housing Wire

FEBRUARY 3, 2025

2021 in federal court in Houston, the suit accused Feldman & Feldman of defaming EasyKnock in a post the law firm made on its website cautioning consumers to scrutinize the companys transactions with financially distressed homeowners. Originally filed by EasyKnock in Nov. In 2018, the company raised $3.5

Law 395

Law Lending Modernization Investors 395

Housing Wire

OCTOBER 31, 2024

Real estate wire fraud—a scam in which a buyer is tricked into wiring funds to a fraudster—has surged as home prices have risen. According to an ALTA survey, in 2022, 26% of title companies reported that they were able to recover the total amount of funds incorrectly transferred due to fraud compared to only 17% in 2021.

Real Estate 476

Real Estate Government Tools Buyers 476