Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Here’s what that buyer behavior in the second half of 2022 is telling us about two key retail market trends in 2023: 1. Cincinnati and Miami.

Retail 457

Retail Sellers Buyers Market Value 457

Housing Wire

NOVEMBER 13, 2023

Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers.

Real Estate Agent 395

Real Estate Agent Real Estate Agents Sellers 395

Housing Wire

APRIL 12, 2023

Industry players are largely pessimistic about the economic climate and expect interest rates to trend up in the near term future, according to the HousingWire Q2 2023 LenderPulse survey. expected sales to go down more than 5% In the latest report from the National Association of Realtors (NAR), existing home sales rose 14.5%

Marketing 340

Marketing Mortgage Loan Officers Real Estate Agent 340

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The suit obtained class certification in March 2023. The class encompasses home sellers across 20 local MLSs. Damages in the suit could reach $13.7 billion — or $41.1

Real Estate Agent 382

Real Estate Agent Realtors Real Estate Sellers 382

Housing Wire

APRIL 3, 2024

Millennials replaced baby boomers as the largest group of homebuyers in 2023. Notably, 32% of all buyers in 2023 were first-timers (up from 26% in the prior year), with millennials comprising 75% of this demographic. Similarly, sellers showed a high likelihood of reusing or referring their agents.

Marketing 518

Marketing Buyers Sellers Realtors 518

Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. trillion in 2023, according to the government-sponsored enterprise. Looking ahead to the full year 2023, Fannie Mae expects an average home price decline of 1.5%. million in 2023.

Contracts 448

Contracts Modernization Housing Market Mortgage 448

Housing Wire

OCTOBER 2, 2024

Top Agent Network (TAN) is not backing down in its antitrust lawsuit against the National Association of Realtors (NAR). The suit was reopened in December 2023 by U.S. The ‘broker exclusive’ carveout allows these sales to continue as pocket listings, with buyer and seller represented by the same brokerage.”

Agents 366

Agents Realtors Sellers Brokerage 366

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. According to the filing, Masiello was “required to pay a 2% commission ($8,200) to the seller broker and a 2.5% 5, 2020, and the present.

Realty 487

Realty Realtors Real Estate Real Estate Agent 487

Housing Wire

NOVEMBER 6, 2024

Compared to the first nine months of 2023, Zillow’s origination channel revenue grew 41% to $104 million. A more direct factor is that mortgage rates in the third quarter of 2023 approached 8%, whereas rates declined during much of Q3 2024, getting close to 6%.

Mortgage 375

Mortgage Real Estate Real Estate Agent Realtors 375

Housing Wire

SEPTEMBER 19, 2024

million, according to the National Association of Realtors (NAR). year over year to $416,700, although that is the slowest gain since September 2023. Sales in the Northeast dropped 2% compared to July and were unchanged from August 2023. After a modest monthly uptick in July, existing-home sales fell 2.5% That was a 4.2%

Inventory 408

Inventory Housing Market Inspection Sellers 408

Housing Wire

OCTOBER 24, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Many in the real estate industry expect commissions to trend down due to the business practice changes outlined in the National Association of Realtors’ (NAR) settlement agreement. The data backs up Huskey’s observations.

Agents 438

Agents Real Estate Sellers Brokerage 438

Housing Wire

SEPTEMBER 17, 2024

In a statement to HousingWire, Curbio said it had implemented many of the changes required in the settlement before the lawsuit was filed in November 2023, thus deeming the lawsuit “unnecessary.” million settlement payment will be divided among three groups — $2.58

Renovations 361

Renovations Realtors Real Estate Agent Contracts 361

Housing Wire

DECEMBER 14, 2022

Growing concerns of a recession, led by the Federal Reserve ’s continued interest rate hikes next year, will prompt mortgage rates to trend lower in 2023, according to numerous experts. by the end of 2023, according to fresh projections, up from an estimate of 3.9% by the end of 2023, dropping slightly from the projected 7.5%

Mortgage 447

Mortgage Housing Market Sellers Buyers 447

Lamacchia Realty

JANUARY 11, 2024

has released their “Top Producing REALTORS®,” for all of 2023! This program recognizes the Top 10 REALTORS® out of the over 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Agents 74

Housing Wire

NOVEMBER 10, 2023

District Court in South Carolina, alleging that the National Association of Realtors (NAR) and Keller Williams colluded to artificially inflate agent commission rates, increasing costs for home sellers. Burton sold her house with the help of a local Keller Williams agent in Spartanburg, South Carolina, in September 2023.

Sellers 445

Sellers Realtors Buyers Agents 445

Housing Wire

JANUARY 17, 2023

plans to invest in tech, reduce vendor costs and focus on realtor partners in 2023. About 70% of Prosperity’s production comes from affiliate realtors. Pensive and optimistic are how Messer described outlooks for 2023. Prosperity, a full-service mortgage banker operating in 49 jurisdictions in the U.S.,

Mortgage 386

Mortgage Real Estate Real Estate Agent Realtors 386

Housing Wire

OCTOBER 25, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Due to this, many in the real estate industry feared that veterans would forego representation if there was no guarantee the seller would cover their buyer agency fees.

Buyers 403

Buyers Real Estate Realtors Agents 403

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from January 2023.

New Listings 442

New Listings Real Estate Realtors Inventory 442

Lamacchia Realty

NOVEMBER 3, 2023

has released its “Top Producing REALTORS®,” for October 2023! 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! Carolyn wants to help as many buyers and sellers achieve their goals as possible.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

SEPTEMBER 9, 2024

While not yet reaching the trillion-dollar mark, Miami ‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors. Each closed over 50 transaction sides in 2023.

Real Estate 376

Real Estate Agents Marketing Real Estate Agent 376

Housing Wire

OCTOBER 29, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. And it is a little bit early, but some of the preliminary data I have looked at show that sellers are continuing to pay buyer agent compensation.” It is no secret that many first-time homebuyers are struggling.

Marketing 416

Marketing Real Estate Sellers Buyers 416

Lamacchia Realty

OCTOBER 11, 2023

has released its “Top Producing REALTORS®,” for September 2023! 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! Most recently, Amy was named in the Boston Agent Magazine’s 2023 Who’s Who list !

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

NOVEMBER 4, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. million in volume in 2023, according to RealTrends Verified data. In what I found to be a pleasant surprise, the sellers of the two homes I put offers in on were offering buyer broker compensation.

Agents 434

Agents Inspection Real Estate Sellers 434

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). He also expects more sellers to enter the market, as they adapt to prolonged higher rates.

Real Estate 482

Real Estate Inventory Sellers Realtors 482

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

Lamacchia Realty

AUGUST 7, 2024

August 7 th – At the Greater Boston Association of REALTORS® Annual Awards & Networking Breakfast at Venezia Waterfront Restaurant in Boston , Anthony Lamacchia was named 2024 REALTOR® of the Year. Anthony serves on many committees and groups within the REALTORS® organization on local, state, and national levels.

Realtors 78

Realtors Real Estate Realty Buyers 78

Housing Wire

APRIL 24, 2024

National Association of Realtors , et al., The Gibson suit was filed in late October 2023 by Michael Ketchmark, just after a Missouri jury ruled in favor of his clients in the Sitzer/Burnett suit that found real estate industry players liable for colluding to artificially inflate agent commissions.

Realtors 375

Realtors Real Estate Brokerage Law 375

Lamacchia Realty

DECEMBER 5, 2023

has released its “Top Producing REALTORS®,” for November 2023! 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! Most recently, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realtors 74

Realtors Realty Real Estate Agents 74

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Appraisal Buzz

OCTOBER 31, 2024

Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%. Commissions trended slightly lower following the National Association of Realtors (NAR) settlement , dropping from an average of 2.42% in March to 2.35% in August, when the new changes went into effect.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Sellers 386

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. 25 statewide in 2023 transaction volume. Sellers think it’s a seller’s market. Everybody feels like they need to fight a fight.

Housing Market 387

Housing Market Marketing Sellers Buyers 387

Housing Wire

OCTOBER 20, 2023

Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% Top real estate lead generation ideas for 2023 Digital real estate lead generation ideas According to the National Association of Realtors (NAR), roughly 96% of homebuyers use the internet in their home search.

Real Estate 415

Real Estate Tools Open Houses Advertising 415

Lamacchia Realty

JULY 7, 2023

has released its “Top Producing REALTORS®,” for June 2023! 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! Most recently, Kevin was ranked on the 2023 Real Trends America’s Best Real Estate Professionals list.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

APRIL 4, 2024

Despite settlement agreements from Anywhere , RE/MAX , Keller Williams , Compass and the National Association of Realtors (NAR), the copycat commission lawsuits keep coming. She is also filing the suit as both a home seller and a homebuyer. District Court for the Eastern District of California in Sacramento.

Realtors 371

Realtors Agents Sellers Real Estate 371

Lamacchia Realty

SEPTEMBER 7, 2023

has released its “Top Producing REALTORS®,” for August 2023! 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! Most recently, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realty 74

Realty Realtors Real Estate Clients 74

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 407

Realtors Legal Agents Real Estate 407