Appraisal Buzz

JANUARY 31, 2025

Prospective buyers have been cautious because theyve seen homes sitting on the market and theyve heard interest rates and prices may drop. When the market isnt competitive, some buyers think they should wait for costs to go down, said Jordan Hammond, a Redfin Premier agent in Raleigh, NC. Median asking price $407,225 5.2%

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Appraisal Buzz

NOVEMBER 22, 2024

Demand for “have-it-all” properties and the “forever dream home” will shape this spring’s luxury housing market, according to the Coldwell Banker Global Luxury 2024 Mid-Year Trend Report , which forecasts growing optimism among affluent consumers and an influx of desirable inventory. of responding specialists agreed.

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Buyers Luxury Properties Marketing Inventory 417

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. “Last year was the strongest year in the housing market for new home sales in over a decade,” he said.

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Housing Wire

OCTOBER 8, 2024

The strength of the storm has prompted officials to call for an evacuation, one that has already had a stark impact on the city’s housing market. Data from Altos Research shows that new listings and pending home sales have fallen off a cliff since the storm’s formation. New listings in Tampa were at 775 on Sept.

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Housing Wire

JULY 29, 2024

Our Immediate sales measure of homes that get listed, take offers and go into contract in a few days is also notably lower than last year. On the supply side, new listings are slightly more than a year ago, but pulling back. If fact the “coming soon” pre-listings are now running behind last year by 5%. That’s up 1.3%

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Housing Market Marketing Inventory New Listings 446

Appraisal Buzz

MARCH 14, 2025

Nationwide, active listings rose 10.7% Todays housing market is weird. Some homes are attracting bidding wars like its 2020 again, while others are sitting on the market for weeks with no action, said Desiree Bourgeois, a Redfin Premier Real Estate Agent in Detroit. year-over-year, and 1.3%

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Housing Wire

MARCH 29, 2024

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. What ensued next was a rapid cooldown, which saw the median list price fall by more than $100,000 by mid-February 2023 to $533,000.

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Housing Wire

NOVEMBER 5, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Aspen, Colorado. Become a member today.

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Housing Market Marketing Real Estate Agent Contracts 475

Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. said Tricia Marchert, an agent with Keller Williams Infinity. The current market has largely normalized and is experiencing a pause for the same reasons as many other markets across the country.

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Housing Market Marketing Property Taxes Inventory 456

Housing Wire

SEPTEMBER 17, 2024

To get a sense for what the mood is among real estate agents right now, look no further than Portland , Oregon. 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.

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Appraisal Buzz

FEBRUARY 13, 2025

Active listings of homes for sale rose to the highest level since early in the pandemic. New listings hit the highest level since July 2022, increasing 1.9% Im seeing a lot more inventory hit the market than I have in past years, but its not nearly enough, said Charles Wheeler, a Redfin Premier Real Estate Agent in San Diego.

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Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. It’s like a horse race.

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Housing Market Marketing Realtors Inventory 459

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Bluffton, South Carolina. in 2021 to $330,745. “It

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Housing Market Marketing Real Estate Agent Real Estate 435

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. rise in houses sold in the same timeframe – from 670 to 940. The post Why is the El Paso housing market so hot right now?

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Housing Wire

OCTOBER 10, 2024

Agents and LOs are grappling with heavily damaged housing markets in the Southeast. Housing markets in the Southeast are reeling from a one-two punch of devastating hurricanes that are believed to have caused at least $100 billion in damage. There were 775 new listings in Tampa on Sept.

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Agents Insurance Housing Market New Listings 427

Appraisal Buzz

FEBRUARY 11, 2025

New Redfin data reported the largest gain since the end of last year occurred in the four weeks ending February 2, when new listings of homes for sale in the U.S.increased 7.9% Listings are picking up as we inch toward spring, said Joe Paolazzi, a Redfin Premier agent in Pittsburgh. from a year earlier.

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New Listings Agents Sellers Housing Market 248

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.

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Agents Business Inventory Real Estate Agent 544

Housing Wire

SEPTEMBER 30, 2024

Cooler fall temperatures have brought less intense housing market conditions to the once white-hot market of Bergen County , New Jersey. “We We are seeing some price drops start to happen and a little bit longer days on market.” But while the market has cooled, local agents say it isn’t tepid. “If

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Housing Market Marketing Inventory Agents 417

Housing Wire

APRIL 4, 2025

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. While they previously accounted for only 2% to 4% of listings, that share surged to nearly 8% of new listings by February 2025.

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Brokerage Inventory Agents Real Estate 257

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” It is becoming more of a ‘I need to move so I am going to list my home,’ and it is pretty much always due to a life event and that is really the only way we are seeing inventory come on the market,” Kurt Schuler, a New Albany-based ERA agent, said.

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Housing Market Marketing Inventory Construction 468

Housing Wire

APRIL 3, 2025

Redfin agents report that buyers who can afford to purchase are acting now before costs rise further. While high prices deter some buyers, more sellers are entering the market, giving buyers more options. New listings rose 12.7% year-over-year in March, the largest increase in 11 months.

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Buyers Sellers New Listings Agents 257

Housing Wire

FEBRUARY 8, 2024

Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is above the national score of 39. Altos considers anything above 30 to be indicative of a seller’s market. It’s depressing,” Laricy said of the downtown market.

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Inventory Agents Housing Market Luxury Properties 467

Housing Wire

JUNE 28, 2024

For many, summertime in northern New Hampshire is the perfect opportunity to get back to nature, relax lakeside and generally slow down a little. According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to.

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Housing Market Marketing Inventory Buyers 397

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Inventory Housing Market Marketing Construction 448

Housing Wire

SEPTEMBER 30, 2020

There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 Usually, Merchant said the Sacramento housing market slows down after Labor Day, but doesn’t see that slowdown this year. Over the last four weeks ending on Sept.

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Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

JANUARY 27, 2025

Even though the best new inventory hits the market each week, these are being priced fractionally cheaper than last year. Home sellers and listing agents know where demand is for homes. New listings are up from last week On the supply side, there were 51,000 unsold new listings this week.

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Inventory Sellers New Listings Contracts 389

Housing Wire

JULY 13, 2021

Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% The market is still competitive, but buyers are more trepidatious than they were at the start of 2021, and less willing to pull out every stop in order to win.” in May and a peak of 74.1% million and 1.92

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Inventory Housing Market Real Estate Agent Buyers 511

Housing Wire

APRIL 25, 2024

When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We We couldn’t even see it.

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Buyers Marketing Inventory Investors 459

Housing Wire

DECEMBER 6, 2024

Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. Content: Agents can include any combination of data and information. When you buy through our links, we may earn a commission.

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Real Estate Clients Tools Sellers 395

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

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Housing Market Marketing Appraisal Inventory 374

Housing Wire

AUGUST 20, 2020

High-end luxury home prices are staying strong after the rollercoaster ride the housing market has been on this year. In terms of listings, San Francisco saw the greatest increase in new luxury listings in the last three months, up by 71.7% increase in listings. as the U.S. dealt with COVID-19.

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Housing Market New Listings Agents Marketing 486

Housing Wire

APRIL 19, 2024

High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% During the three months ending Feb.

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Luxury Properties New Listings Buyers Market Value 487

Housing Wire

DECEMBER 2, 2021

During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.

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Inventory New Listings Contracts Housing Market 516

Housing Wire

AUGUST 14, 2023

Now, that extra little boost of demand seems to be gone from the housing market. We measure the housing market. If we look at the transaction rate each week — the total number of new contracts for homes — you can see that in the first half of the year, the pace of sales was steadily returning to normal.

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Housing Market Inventory Marketing Buyers 370

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I Smith attributes the uptick in inventory to a bump in new listings. From 2022 to 2023 alone, rates rose 15%.

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Insurance Inventory Marketing Real Estate 448

Appraisal Buzz

DECEMBER 30, 2024

Portlands new listings fell by 20.3% New listings in other West Coast cities like Oakland, San Jose, and Sacramento also dropped significantly. Theres low inventory, so if a house checks all the boxes, its selling very quickly with multiple offers, said Josh Felder, a Redfin Premier Agent in the Bay Area.

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Marketing New Listings Inventory Housing Market 402

Housing Wire

SEPTEMBER 3, 2024

17 market and those that still face challenges. The conversation also explores how portals can help navigate agent commission changes while shifting to buyer representation agreements before showings. Campbell says that global equity markets are focused on interest rates more so than any other worldly factors. “A

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