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. As we can see below, housing moderated, found a base and moved higher toward the second half of 2021. So far, 2020 and 2021 have come in as a noticeable beat in my eyes.

Inventory 532

Inventory Contracts Training Investors 532

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

Housing Wire

DECEMBER 29, 2021

What a year 2021 has been. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. A bullish housing market.

Housing Market 534

Housing Market Marketing Construction Mortgage 534

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 30, 2025

higher than in January 2024, good for the highest level for any January since 2021. Home buyers and sellers are ending a longstanding stalemate, Realtor.com chief economist Danielle Hale shared in the report. This could mean that sellers are willing to compromise if it means getting their home sold. year over year.

Inventory 369

Inventory Sellers Marketing Buyers 369

Appraisal Buzz

NOVEMBER 6, 2024

By the fall of 2023, mortgage rates had risen from historic lows of 2.65% in 2021 to a decade-high of 7.79%. Mortgage rates rose from 2.65% in 2021 to 7.79% in fall 2023, impacting home shoppers’ buying power. The most common way buyers have secured below-market rates is through special financing offers from sellers or home builders.

Buyers 370

Buyers Marketing Sellers Loan Officers 370

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. Those dues are up because of regulation related to structural concerns that followed the Surfside condo collapse in 2021. Active listings landed at 212,437 at the end of January, a staggering 19.4%

Inventory 384

Inventory Marketing HOA Buyers 384

Housing Wire

APRIL 2, 2025

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. Roam exists to bring a tangible solution to aspiring home buyers and sellers looking to move on to their next chapter,” Roam CEO Raunaq Singh said.

Mortgage 302

Mortgage Sellers Buyers Law 302

Housing Wire

FEBRUARY 12, 2024

There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. Sellers are coming back to this housing market. 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.

Sellers 468

Sellers Housing Market Buyers New Listings 468

Appraisal Buzz

MARCH 3, 2025

in February of previous year, indicating that sellers are becoming more accustomed to the present market conditions. over the previous year, making 2019 February the most active month for sellers since 2021. Sellers also listed their homes at higher rates than the previous year, with the number of newly listed homes rising 4.2%

Sellers 368

Sellers Marketing New Listings Inventory 368

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 383

Brokerage Agents Housing Market Realty 383

Housing Wire

JANUARY 9, 2025

Altos considers anything above 30 to be indicative of a sellers 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. Statewide, the housing market has a 90-day average Altos Market Action Index score of 44.18 as of Jan. a year ago.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Housing Wire

JANUARY 22, 2025

Auction.com referenced recent survey data from Clever Real Estate showing that roughly 20% of sellers prefer nontraditional sales methods such as for sale by owner (FSBO) or all-cash transactions through an iBuyer over the use of a real estate agent. Auction.com reported that demand for distressed homes fell in the third quarter of 2024.

Real Estate Agent 370

Real Estate Agent Real Estate Sellers Buyers 370

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

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We In 2021, Florida was responsible for 12.8% billion in 2021.

Sellers 397

Sellers Real Estate Realtors Real Estate Agent 397

Housing Wire

OCTOBER 18, 2024

Sellers can tap into their current home equity in a bid to buy another property without coming up with cash for a down payment. Calque launched in 2021 to provide lenders with solutions that simplify the home purchasing process for prospective homeowners.

Mortgage 448

Mortgage Buyers Contracts Finance 448

Housing Wire

APRIL 3, 2025

But while Zillow did get its wish after NAR chose to uphold CCP for now, the trade groups new Multiple Listing Options for Sellers policy which creates the concept of a delayed marketing exempt listing has the potential to put some serious strain on Zillow and other listing portals like Realtor.com and Homes.com.

Marketing 352

Marketing Brokerage Sellers Agents 352

Housing Wire

JANUARY 24, 2025

Sellers must provide explicit consent for an agent to privately share their property. The company has raised close to $16 million in investments from Second Century and over 100 real estate professionals since it’s founding in January 2021. Some agents call any non-MLS listings “ pocket listings.”

Marketing 370

Marketing Agents Clients Real Estate 370

Housing Wire

FEBRUARY 17, 2025

The proptech startup said that Private Collection customers and their sellers will now be able “to receive, counter and accept offers as well as utilize a buy-it-now option (The Final Offer Button) within Final Offer, allowing buyers to purchase a property without the risk of losing.” It currently operates in 11 U.S.

Marketing 397

Marketing Brokerage Realtors Agents 397

Housing Wire

MARCH 17, 2025

Recent coverage from the Wall Street Journal detailed several sellers’ experiences when attempting to close listings due to the blacklist, which is maintained by Fannie and includes properties that the GSE deems inadequate in terms of property insurance or repairs.

Insurance 334

Insurance Design Tools Sellers 334

Appraisal Buzz

NOVEMBER 1, 2024

Single-family home building permits fell 23% from their 15-year peak in early 2021 and 2% year-over-year in September. This is due to the fact that the share increased significantly throughout the pandemic, rising from about 17% in 2019 to about 30% by the end of 2021. Overall U.S. Below 4% : Approximately 59.4% in Q1 of 2022.

Construction 370

Construction Inventory Real Estate Agent Agents 370

Housing Wire

MARCH 10, 2025

When a home gets listed for sale in March, the seller and the listing agent use all the information about possible buyers and traffic to price that as most likely to sell. Sellers that dont get an offer either have to cut prices or withdraw the listing and both of those metrics are elevated. This was a jump of 2.5% above last year.

Inventory 413

Inventory New Listings Housing Market Sellers 413

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 367

Housing Market New Listings Inventory Sellers 367

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. On the seller side, as affordability improves and traffic increases, so will competition. This means some sellers might see their properties moving quickly.

Real Estate 370

Real Estate Buyers Sellers Marketing 370

Appraisal Buzz

JANUARY 8, 2025

But both buyers and sellers should expect unpredictable mortgage rates. According to Zillows market heat index, sellers had a significant edge in talks there during the course of the previous year. Shoppers nationwide should see more options for sale than in recent years, along with slow and steady price growth. Thats the good news.

Buyers 370

Buyers Sellers Home Value Construction 370

Housing Wire

DECEMBER 4, 2024

The National Association of Realtors (NAR) may have had its home seller commission lawsuit settlement agreement approved , but that does not mean it is free from the homebuyer commission lawsuits. Last week, as Judge Stephen R.

Real Estate Agent 396

Real Estate Agent Realtors Real Estate Realty 396

Housing Wire

MARCH 12, 2025

In Monday’s court filing, Howard Hanna claims that in 2021, Ketchmark donated $103,189 to the Taxpayers Unlimited PAC , which over time contributed a total of $8,317 directly to Andrea Bough and her campaign committee. Alternatively, rule of reason requires plaintiffs to prove the negative impacts of the practice.

Real Estate 285

Real Estate Realtors Brokerage Sellers 285

Appraisal Buzz

DECEMBER 30, 2024

Even though we may be a long way from rates returning to the 23% range we saw at the end of 2021, its still great to see things trending in the right direction. When fewer houses are available, buyers are willing to pay more, and sellers have more leverage to up their asking price. Is It a Sellers Market? Is It a Buyers Market?

Housing Market 363

Housing Market Marketing Inventory Real Estate 363

Housing Wire

JANUARY 14, 2025

While most home sellers prefer to market through the MLS which generally puts a listing before the most eyeballs the fastest at any given time a significant percentage of consumers prefer not to do so, the fourth amended complaint , filed in October 2024, stated.

Agents 370

Agents Legal Real Estate Agent Realtors 370

Appraisal Buzz

MARCH 27, 2025

As inventory recovers, the housing market is very slowly tilting toward more balance between buyers and sellers. Down Payment ($ amt) 2021 Q4 2022 Q4 2023 Q4 2024 Q4 2021 Q4 2022 Q4 2023 Q4 2024 Q4 U.S. In the fourth quarter of 2024, down payments were 3.4 Primary Residence Avg Down Payment as % of Purchase Price Med.

Buyers 248

Buyers Inventory Housing Market Government 248

Housing Wire

JUNE 11, 2024

According to the release, the integration will allow Offerpad to provide a cash offer to more sellers and will extend Offerpad’s reach to a larger audience of potential sellers. Despite these challenges, which continue to plague the industry, Bair believes that Offerpad’s integration with Realtor.com will help it grow.

Sellers 488

Sellers Real Estate Agent Buyers Real Estate 488

Housing Wire

NOVEMBER 1, 2021

When COVID-19 happened, some sellers were able to sit back and watch the market. It was just a matter of weeks before the buyers returned and sellers sold their homes, leading home sales to get to pre-cycle highs in 2020 and 2021. In general, homeowner households were financially solid going into the crisis.

Housing Market 545

Housing Market Sellers Inventory Mortgage 545

Housing Wire

MARCH 6, 2024

Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates. percentage points—sellers take notice. Facing these realities, many would-be sellers decide to stay put. in 2021-2022 and 30.5-31% No wonder, then, that many sellers decided to pull their listings.

Mortgage 468

Mortgage Sellers New Listings Buyers 468

Housing Wire

OCTOBER 3, 2024

Zawislak purchased a home in Chicago in 2021 and D’Acquisto bought a home in Bartlett, Illinois, in 2022. This rule is no longer in place due to the terms of NAR’s home seller commission lawsuit settlement , which went into effect in August.

Realtors 448

Realtors Real Estate Sellers Agents 448

Appraisal Buzz

FEBRUARY 5, 2025

Price supplied by sellers at foreclosure auction remained flat in Q4, further widening the bid-ask spread between what buyers were willing to pay and the reserve amount sellers were willing to take to sell these properties.

Retail 334

Retail Inventory Housing Market Sellers 334

Housing Wire

MAY 15, 2024

That’s a swing of 17% fewer sellers in just a matter of days. million in January 2021 (when mortgage rates were 2.7%) fell to 3.9 What’s not measured in the FHFA paper is how by 2023, seller volume had already been declining for nearly a decade. The lower rates go, the fewer home sellers we have.

Mortgage 459

Mortgage New Listings Inventory Sellers 459

Housing Wire

MAY 8, 2024

Earlier on Wednesday, the homebuyer plaintiffs in the Batton 1 commission lawsuit, filed in Chicago in January 2021, filed a motion for a temporary restraining order and preliminary injunction. When the settlement agreements were initially announced, it was generally understood that they only applied to claims brought by home sellers.

Sellers 442

Sellers Realtors Brokerage Buyers 442