Remove Buyers Remove Definition Remove Housing Market
article thumbnail

Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

housing market has shown signs of slowing, demand remains strong in key Midwest and Northeast cities, where homes are selling weeks faster than the national average, according to Realtor.com s Hottest Markets Report for February. That would definitely help with the sale pricing of new construction. While the U.S.

article thumbnail

Cincinnati’s housing market in a word? Unpredictable

Housing Wire

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. It’s just become a more common theme.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

But home sellers are gradually easing back into this housing market. Any time inventory rises, you start to see housing crash hyperbole on social media. Sellers are coming back to this housing market. Immediate sales If sellers are growing we need to know if buyers are growing too. But it is growing.

Sellers 468
article thumbnail

Who Is the Typical U.S. Homebuyer?

Appraisal Buzz

housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” said Jessica Lautz, NAR Deputy Chief Economist and VP of Research. First-time buyers decreased to 24% of the market share (32% last year). Buyer Demographics Vary Across U.S.

article thumbnail

The Hawaii housing market heats up

Housing Wire

That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland. Duryea said that a lot of buyers prefer turnkey homes, or fully furnished homes because they don’t want to spend money shipping personal items. That’s kind of the hottest market, I would say.”.

article thumbnail

Housing market hinges on mortgage rates and supply, not commission structures

Housing Wire

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

article thumbnail

Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Koch said that since this summer — typically the home-buying off-season — was busy for buyers, he thinks it will only get crazier. “We Presented by: NAMB.