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

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.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Housing Market 370

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 468

Buyers Inventory Real Estate Agent Sellers 468

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

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

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

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

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 476

Lending Mortgage Inventory Business 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

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 448

Buyers Mortgage New Listings Real Estate 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 459

Clients Agents Buyers Sellers 459

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 459

Real Estate Agent Real Estate Sellers Buyers 459

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 468

Real Estate Agent Real Estate Realtors Agents 468

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 448

Property Taxes Real Estate Agent Insurance Housing Market 448

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 435

Agents Real Estate Agent Real Estate Sellers 435

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

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 418

Buyers Housing Market Marketing Real Estate Agent 418

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

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 467

Contracts Real Estate Agent Real Estate Buyers 467

Housing Wire

JULY 28, 2021

The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Statistics show that anywhere from 88–90% of home buyers with an agent and use that agent as their go-to source for information.

Brokerage 545

Brokerage Real Estate Clients Agents 545

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 435

Real Estate Agent Real Estate Realty Technology 435

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 418

Sellers Buyers Real Estate Agent Real Estate 418

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 488

Sellers Real Estate Agent Buyers Real Estate 488

Housing Wire

OCTOBER 14, 2021

From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%. From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%.

Buyers 539

Buyers Housing Market Real Estate Agent Real Estate 539

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 445

Housing Market Marketing Real Estate Agent Inventory 445

Housing Wire

SEPTEMBER 23, 2020

The iBuyers are quickly becoming all-in-one-buyers. On Wednesday, Zillow announced that its Zillow Offers customers will be offered “a more simple, integrated transaction experience through added services, managed in house,” starting in January 2021 with Zillow Homes. Zillow said it will not be recruiting for these positions.

Real Estate 397

Real Estate Real Estate Agent Brokerage Sellers 397

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 488

Realty Realtors Real Estate Real Estate Agent 488

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 468

Sellers Real Estate Agent Realtors Real Estate 468

Housing Wire

MAY 20, 2021

As the market continues to churn through distressed inventory, Black Knight expects overall delinquencies to “normalize” at pre-pandemic levels by the end of 2021. How real estate agents can alleviate consumer pain points in a tight market. However, that is if the current pace can hold.

Mortgage 508

Mortgage Real Estate Agent Inventory Real Estate 508

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 435

Agents Real Estate Agent Brokerage Real Estate 435

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 294

Buyers Real Estate Agent Real Estate Inventory 294

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 434

Law Real Estate Agent Brokerage Real Estate 434

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 418

Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

JANUARY 10, 2023

In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales. During the pandemic, record-low mortgage rates invited more demand and led buyers to outbid the asking price and waive concessions to “have their offers taken seriously,” according to the Redfin report. A new Redfin report found a record 41.9%

Sellers 482

Sellers Real Estate Agent Buyers Mortgage 482

Housing Wire

MARCH 16, 2022

Latinos are twice as likely to use Federal Housing Administration financing than non-Hispanic white borrowers, but most of the real estate agents the National Association of Hispanic Real Estate Professionals surveyed felt FHA borrowers were at a competitive disadvantage. last year, respectively.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Investors 397

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. in 2021 to $330,745. “It The agents on my team are having to be extremely competitive when making offers. Bluffton, South Carolina. However, this growth has come at a cost.

Housing Market 435

Housing Market Marketing Real Estate Agent Real Estate 435