Housing Wire

NOVEMBER 29, 2021

in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% in October.

Inventory 532

Inventory Contracts Training Investors 532

Housing Wire

OCTOBER 23, 2024

million, according to data released Wednesday by the National Association of Realtors (NAR) On a year-over-year basis, existing-home sales were down 3.5% While the uptick in inventory is certainly a positive for buyers, NAR’s report found they are continuing to contend with rising home prices. After falling 2.5% in September.

Inventory 416

Inventory Realtors Buyers Real Estate 416

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

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. As 2021 approaches, Yun predicts that there will be a slight uptick in mortgage rates to around 3%, existing-home sales to increase by roughly 10% and new home sales to increase by 20%. Year-over-year, contract signings increased by 16.4%. year over year.

Contracts 535

Contracts Inventory Realtors Government 535

Housing Wire

OCTOBER 3, 2023

Since acquiring Homes.com in 2021 , commercial real estate giant CoStar Group has made it crystal clear that it was playing for keeps in the residential real estate market. BH: I have heard some comments from CoStar about how Homes.com is well positioned for success regardless of what happens with the buyer broker compensation lawsuits.

Buyers 434

Buyers Real Estate Agents Business 434

Housing Wire

SEPTEMBER 30, 2022

It’s transitioning to a buyers’ market, as 20% of sellers had a price reduction in August 2022, compared with 11% a year ago,” said Rich Weidel, CEO at Princeton Mortgage. It’s now possible to buy a home for $400,000 that would have sold for $500,000 in 2021.”. Not yet anyway. James Kleimann contributed to this report.

Buyers 482

Buyers Mortgage Loan Officers Retail 482

Appraisal Buzz

FEBRUARY 10, 2022

According to the latest quarterly report from the National Association of Realtors, consumers saw home prices continue to increase in Q4 of 2021, though at a slower pace than Q3. The post Home Price Hike Fueled by Supply, Eager Buyers appeared first on Appraisal Buzz.

Buyers 195

Buyers Realtors Appraisal Marketing 195

Housing Wire

JANUARY 9, 2024

Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.” commission ($10,250) to the buyer broker.” 2023, the Masiello suit is seeking class action status for all persons who used any brokerage defendant to list and sell a home on an Arizona MLS and paid a buyer broker commission between Jan.

Realty 488

Realty Realtors Real Estate Real Estate Agent 488

Housing Wire

FEBRUARY 28, 2024

The National Association of Realtors is facing yet another copycat commission lawsuit. At the center of the lawsuit is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on a Realtor association affiliated MLS. Filed on Tuesday in U.S.

Realtors 457

Realtors Legal Agents Real Estate 457

National Association of Realtors

JANUARY 24, 2022

The fraction of buyers who are waiving appraisal and inspection contract contingencies has been trending downwards in recent months, with REALTORS® saying that 19% of buyers waived the inspection contingency in December 2021, down from 27% in July, and 21% waived the appraisal contingency, down from 29% in June.

Inspection 80

Inspection Contracts Realtors Buyers 80

Housing Wire

NOVEMBER 5, 2024

That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends. Between 2017 and 2021, rural areas and small towns had remarkably consistent shares of the home purchase market at about 13% and 22%, respectively.

Realtors 468

Realtors Housing Market Construction Real Estate 468

Appraisal Buzz

SEPTEMBER 20, 2021

Buyers and sellers? Realtors and Property Appraisers? But they’ll eventually deliver lucidity — allowing buyers, sellers, agents, appraisers, and lenders to plan and budget accordingly. The post Recap: Valuation Expo 2021 appeared first on Appraisal Buzz. And what does this mean for the economy? Interest rates?

Valuation 195

Valuation Property Appraisal Real Estate Sellers 195

Housing Wire

MAY 1, 2024

Lutz, a resident of Colorado, purchased a home in Key Colony, Florida, in 2021 with the help of a buyer’s agent employed by a HomeServices of America franchise. Lutz’s attorneys wrote that this has “led to higher home prices paid by buyers.” On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S.

Sellers 467

Sellers Realtors Real Estate Agent Real Estate 467

Lamacchia Realty

NOVEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS® for October 2024! has released its “Top Producing REALTORS®,” for October 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 69

Realtors Realty Real Estate Clients 69

Lamacchia Realty

OCTOBER 9, 2024

Lamacchia Realty's Top Producing REALTORS® for September 2024! has released its “Top Producing REALTORS®,” for September 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

JULY 24, 2024

Prospective buyers from out of state often come to Indiana for its growing job market, low taxes and relatively affordable housing. Indianapolis-area Realtor Annie Caruso, a founding member of Circle Real Estate, had a buyer coming from the Chicago area for just these reasons. This is shifting the market toward buyers.

Marketing 448

Marketing Realtors Buyers Property Taxes 448

Appraisal Buzz

MARCH 24, 2022

The share of millennial home buyers increased significantly over the past year, according to the latest study from the National Association of Realtors 2022 Home Buyer and Seller Generational Trends report. Approximately … The post Largest Share of Buyers Purchased Homes in Suburbs, Rural Areas appeared first on DSNews.

Buyers 150

Buyers Realtors Sellers Appraisal 150

Housing Wire

AUGUST 22, 2024

The plaintiff, James Lutz, is a resident of Colorado who purchased a home in Key Colony, Florida, in 2021 with the help of a buyer’s agent employed by a HomeServices of America franchise. Lutz is being represented in the suit by Randall P.

Law 427

Law Real Estate Agent Brokerage Real Estate 427

Appraisal Buzz

MAY 3, 2022

According to the National Association of Realtors’ latest quarterly report, Q1 of 2022 found more markets reaching double-digit annual price gains than the previous quarter. Meanwhile, approximately 70% of 185 measured metros experienced such price gains – up from 66% in Q4 of 2021.

Buyers 150

Buyers Realtors Appraisal Marketing 150

Housing Wire

OCTOBER 2, 2024

Top Agent Network (TAN) is not backing down in its antitrust lawsuit against the National Association of Realtors (NAR). NAR is the only defendant in the newest version after the plaintiff filed a voluntary dismissal of the San Francisco Association of Realtors , which was originally named as one of the defendants.

Agents 429

Agents Realtors Sellers Brokerage 429

Housing Wire

MAY 28, 2021

But in the hot housing market of 2021, even those homes are getting immediate, multiple offers when they hit the market. year over year in March 2021, per a report from Norada Real Estate Investments. . year over year in March 2021, per a report from Norada Real Estate Investments. “I mean, it’s California, right?

Buyers 386

Buyers Real Estate Agents Inventory 386

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. 4, 2019 and the present. These allegations are absurd.

Realty 459

Realty Realtors Brokerage Real Estate 459

Housing Wire

NOVEMBER 4, 2024

In the third quarter of 2024, newly built single-family homes made up just 28% of homes for sale, according to a recent Redfin report based on data from the National Association of Realtors (NAR) and the U.S. This indicates that buyers and sellers alike are showing signs of frustration in waiting for rates to fall. Census Bureau.

Marketing 361

Marketing Inventory Construction Realtors 361

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

NOVEMBER 8, 2023

Known as Batton 2, after the lead plaintiff Mya Batton, the lawsuit accuses Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman of conspiring to artificially inflate agent commissions, resulting in elevated home-buying costs.

Real Estate 459

Real Estate Realtors Sellers Agents 459

Housing Wire

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. 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%. million in 2021, up from 50.5

Sellers 417

Sellers Buyers Real Estate Agent Real Estate 417

Lamacchia Realty

JANUARY 4, 2022

has released their “Top Producing REALTORS®,” for December 2021! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Click here to learn more about Eileen Doherty Paul J.

Realty 74

Realty Realtors Real Estate Clients 74

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. The April 2021 survey was sent to 50,000 Realtors selected from NAR’s over 1.4 There were 3,541 respondents to the online survey which ran from May 3-10, 2021, of which 1,731 had a client.

Realtors 497

Realtors Buyers Housing Market New Listings 497

Housing Wire

SEPTEMBER 30, 2024

We are not seeing that same buyer frenzy we were seeing six months ago,” said Audra Fontanella, the broker-owner of Bergen County-based RE/MAX Venture Realtors. “We I am currently dealing with more buyers than before, but there is less pressure right now on buyers to pull the trigger and put in an offer on something.”

Housing Market 391

Housing Market Marketing Inventory Agents 391

Housing Wire

JULY 19, 2024

According to a second-quarter 2024 report from Texas Realtors, the number of active listings from April to June of this year were up 40.8% Interest rates are a big part of the story,” Texas Realtors Chairman Jef Conn said in a statement. compared to the same period last year. year over year to $345,000. annualized increase and 4.8

Inventory 476

Inventory Realtors Housing Market Buyers 476

Housing Wire

JUNE 28, 2024

Each of these out-of-state Named Plaintiffs allegedly enlisted a buyer-agent in the period from 2018 to 2021 to purchase a home in these other states. The eighth Named Plaintiff purchased a home in Illinois in 2022 using a buyer-agent from Berkshire Hathaway HomeServices,” the filing states.

Brokerage 370

Brokerage Realtors Law Real Estate 370

Lamacchia Realty

SEPTEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS® for August 2024! has released its “Top Producing REALTORS®,” for August 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

JANUARY 27, 2022

has released their “Top Producing REALTORS®,” for all of 2021! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Lamacchia Realty, Inc. Click here to learn more about Eileen Doherty Paul J.

Realty 69

Realty Realtors Agents Real Estate 69

Housing Wire

APRIL 9, 2024

Homebuilders are observing a rise in demand for homes that can accommodate natural aging from Gen X buyers. A report released last week by the National Association of Realtors (NAR) said that Gen X homebuyers have a median income of $126,900, and are still years away from retirement.

Buyers 511

Buyers Construction Realtors Housing Market 511

Housing Wire

SEPTEMBER 3, 2024

year over year in Q2 2024 and were 61% below peak activity levels of 2021. In response, Bright MLS chief economist Lisa Sturtevant noted that while “declining rates are good for both buyers and sellers,“ rates are not yet low enough to alleviate the lock-in effect that has stopped many potential listings in their tracks.

Mortgage 501

Mortgage Inventory Buyers Sellers 501

Housing Wire

MAY 10, 2021

So much so, in fact, that Harrisburg is ranked seventh on Realtor.com’ s list of housing markets positioned for the most growth in 2021 — ahead of Denver, Los Angeles, Las Vegas, San Diego and Dallas. Low home prices, large lots, and an up-and-coming downtown area, said Toni Reinhart, a realtor for Iron Valley Real Estate in Harrisburg.

Buyers 270

Buyers Real Estate Agent Real Estate Inventory 270

Lamacchia Realty

DECEMBER 7, 2021

has released their “Top Producing REALTORS®,” for November 2021! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. To learn more about Amy, click here.

Realtors 74

Realtors Realty Real Estate Clients 74