Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I I think we’re going to continue with strong buyer demand,” Hamblen said.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

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 480

Real Estate Buyers Renovations Open Houses 480

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 400

Real Estate Agent Inventory Real Estate Agents 400

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. “The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.”

Housing Market 545

Housing Market Marketing Real Estate Technology 545

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. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada. Buyer demand Is below pre-pandemic levels, but no longer in freefall Pending sales declined 0.6%

Buyers 434

Buyers Mortgage New Listings Real Estate 434

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%

Buyers 465

Buyers Inventory Real Estate Agent Sellers 465

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 439

Housing Market Buyers Agents Marketing 439

Housing Wire

MAY 28, 2021

More than half of homes (51%) have sold above their listing price in the four week period ending May 23, 2021 — up from 26% one year ago, according to a recent study by Redfin. Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market.

Buyers 448

Buyers Real Estate Agent Real Estate Inventory 448

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 457

Clients Agents Buyers Sellers 457

Appraisal Buzz

JULY 25, 2022

Until recently, the mortgage industry has been satisfied to leave the work of empowering new buyers to their real estate agents, so that loan officers (LOs) could spend time focusing on the flood of refinance business that led to a $4 trillion mortgage market in 2021.

Buyers 195

Buyers Real Estate Agent Marketing Loan Officers 195

Housing Wire

NOVEMBER 29, 2023

For the first time since 2021 when Americans relocated in droves, Nashville once again is a top migration destination, according to a new report from Redfin. Housing affordability remains one of the strongest assets of the Nashville housing market, but many buyers also relocated for professional reasons.

Property Taxes 412

Property Taxes Real Estate Agent Insurance Housing Market 412

Housing Wire

APRIL 7, 2021

And despite fierce bidding wars, competition from institutional investors and sore wrists from writing dozens of heartfelt letters to home sellers, even buyers are growing in courage these days. Real estate agents and LOs: the great collaboration. points to 81.7.

Sellers 518

Sellers Real Estate Real Estate Agent Loan Officers 518

Housing Wire

FEBRUARY 6, 2024

home buyers and sellers it survey were targeted with suspicious or potentially fraudulent activities, while 10% were targeted for real estate fraud and 5% suffered losses during their real estate transaction due to fraudster.

Real Estate Agent 420

Real Estate Agent Real Estate Sellers Buyers 420

Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. Compass launched operations in Wisconsin in 2021 and currently operates eight offices with 175 real estate agents. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 million in sales volume.

Real Estate Agent 433

Real Estate Agent Real Estate Realty Technology 433

Housing Wire

JANUARY 12, 2024

Home buyers and sellers rely on the expertise and guidance of real estate agents, especially when making a long-distance move,” Gene Millman, the president and CEO of REcolorado, said in a statement. “We It is quite simple – sharing data helps the market function more efficiently.”

Real Estate Agent 434

Real Estate Agent Real Estate Realtors Agents 434

Housing Wire

AUGUST 27, 2024

A sale contingency in a real estate purchase contract makes the sale of a property dependent on the successful sale of the buyer’s current home. If the buyer successfully sells the home within the agreed timeframe, the contingency is removed and the purchase of the new home proceeds as planned.

Contracts 396

Contracts Real Estate Agent Real Estate Buyers 396

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 385

Buyers Mortgage Agents Investors 385

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. billion in 2021 to become the third-ranked LO in the country on Scotsman Guide , Cohen’s production volume dropped 60% in 2022 to about $647 million.

Buyers 407

Buyers Housing Market Marketing Real Estate Agent 407

Housing Wire

JANUARY 8, 2021

Fast forward to 2021 and expanding our mortgage lending business has taken on a new form as the inventory in many markets have taken a sharp downturn during the pandemic, pushing it into some of the lowest availability in history. Even some of the most seasoned real estate agents have had to slow down in their current business model.

Lending 473

Lending Mortgage Inventory Business 473

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. million in net income for 2021. Offerpad CEO Brian Bair. It’s a zero-sum economy, right?

Agents 414

Agents Real Estate Agent Real Estate Sellers 414

Housing Wire

JULY 29, 2024

The market right now just feels like it’s a bit lukewarm,” said Brian Huskey , a Billings, Montana-based ERA American Real Estate agent. At the height of the pandemic market in June 2021, however, the Billings metro area reported a Market Action Index score of 75.42. in early June 2021. a year prior and the 51.72

Housing Market 362

Housing Market Marketing Real Estate Agent Inventory 362

Housing Wire

AUGUST 22, 2024

Filed in Florida in late April, the Lutz suit accuses HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. Lutz is being represented in the suit by Randall P.

Law 359

Law Real Estate Agent Brokerage Real Estate 359

Housing Wire

JUNE 11, 2024

“Over the past year, with all of the adversity happening for buyers and sellers and the industry in general, we have really been focused on trying to find buyers and sellers where they are at,” Offerpad CEO Brian Bair said in a statement. “We

Sellers 476

Sellers Real Estate Agent Buyers Real Estate 476

Housing Wire

FEBRUARY 4, 2021

If buying a home is on your radar for 2021, there are still ways to do it. Are you hoping to buy a home in 2021’s hot housing market ? More for Real Estate Enthusiasts. More for Real Estate Enthusiasts. Will we have a buyer’s housing market in 2021? Need a real estate agent?

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

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. According to Redfin agents, many purchasers have turned to new construction in order to receive a better offer, proving that those incentives have been effective. Overall U.S.

Construction 370

Construction Inventory Real Estate Agent Agents 370

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. Lutz’s attorneys wrote that this has “led to higher home prices paid by buyers.” Lutz is being represented in the suit by Randall P. “

Sellers 427

Sellers Realtors Real Estate Agent Real Estate 427

Housing Wire

NOVEMBER 4, 2022

The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%. Conversely, White and Hispanic Americans experienced gains in buyer shares. million in 2021, up from 50.5 ” The Hispanic population reached 62.5

Sellers 378

Sellers Buyers Real Estate Agent Real Estate 378

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. Congratulations!” You just sold your house.” And that was that!

Agents 426

Agents Real Estate Agent Brokerage Real Estate 426

Housing Wire

AUGUST 26, 2024

million by 2021, representing about 33% of all renters. While the market for investors purchasing new homes has been slow, mom-and-pop buyers are surprisingly at the top, according to recent research by John Burns Research & Consulting. The single-family rental sector has jumped 37.5% since the beginning of 2020. In 2001,10.9

Marketing 434

Marketing Real Estate Agent Investors Tenants 434

Housing Wire

MAY 10, 2021

Chat with a few real estate agents based in Harrisburg, Pennsylvania — a city ninety minutes from Baltimore and two hours from Philadelphia — and a similar topic will undoubtedly emerge: the capital of the Keystone State has become one of the most popular places to move to in the entire country due to low home prices.

Buyers 237

Buyers Real Estate Agent Real Estate Inventory 237

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.” 5, 2020, and the present.

Realty 487

Realty Realtors Real Estate Real Estate Agent 487

Lamacchia Realty

MAY 18, 2021

FINDING A GOOD REAL ESTATE AGENT. Real estate agents are trained and experienced at negotiating for the client to get the most out of each transaction and to ensure each step of the process is done with great attention to detail. You should do the same thing before choosing a real estate agent!

Real Estate Agent 74

Real Estate Agent Real Estate Agents Realty 74

Housing Wire

JANUARY 27, 2023

The majority of lenders easily lost half of the volume last year that they originated in 2021, and LOs who have their own databases to tap into are highly sought after. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 396

Lending Real Estate Agent Loan Officers Retail 396

Appraisal Buzz

JUNE 17, 2024

Total VA loan volume in 1947 was more than $3 billion, compared to its $447 billion peak in 2021, according to the study. VA loans spanning across generations The study found that VA loan usage has surged since the Great Recession and is expanding access to homeownership for younger buyers, female veterans, and veterans of color.

Real Estate Agent 221

Real Estate Agent Real Estate Sellers Agents 221

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

APRIL 23, 2024

That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona. The company now has a digital HELOC offering. Judge Stephen R. Martell believes there will not be “a zero commission” market.

Mortgage 322

Mortgage Real Estate Agent Real Estate Renovations 322

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. But recently, we’ve started to see buyers get cold feet. million and 1.92

Inventory 511

Inventory Housing Market Real Estate Agent Buyers 511