Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We

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Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. Will we get more inventory?

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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 We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

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Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s relatively growing compared to a year ago. This week, inventory fell by half a percent. That leaves 52,000 new listings unsold to add to inventory.

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Housing Wire

MARCH 2, 2023

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “ What happened to ‘normal’?

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Housing Wire

OCTOBER 21, 2021

As the COVID-19 pandemic has opened the possibilities of working remotely, more and more people are looking to buy a house in Vermont’s largest city, causing a huge swell in demand in an area that was already flush with prospective buyers. Buyers from across the country have set their sights on Burlington. “We

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Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market.

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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.”

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Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

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Housing Wire

APRIL 22, 2024

We’re watching inventory , which continues to grow by 3% each week. We’re watching sales volumes , which are definitely up over past year but remain slow. Housing inventory When we look at the active inventory of unsold homes on the market, we can definitely see the impact of higher mortgage rates in the past month.

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Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Ben Cohen: I’ve definitely seen an increase in inbound calls from people wanting to get pre-approved to buy a home.

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Housing Wire

MARCH 14, 2025

There is currently an inventory of 642,359 properties. Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer. 32% of buyers are first-time buyers, and 75% of those first-time homebuyers are aged 25 to 33.

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Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

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Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. Like elsewhere in the country, Indiana has struggled with housing inventory. Last year was a tough one for the Indiana real estate market. 23, 2024.

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Housing Wire

MAY 6, 2024

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. Elevated mortgage rates slow demand so that inventory grows, but in years past, the total sales volume has been restricted by the limited supply. Let’s dig further into the details of the U.S.

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Housing Wire

FEBRUARY 26, 2024

Inventory is rising across the country as home-buying affordability takes another hit. As demand slows, inventory grows. Last year at this time, we were seeing surprising home buyer demand with rates having fallen to the low 6s. Home prices aren’t falling but the growth signals are definitely softening.

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Appraisal Buzz

JULY 23, 2024

More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.” June Inventory Sees Record-High Home Prices Across All Unit Types As of the end of June, there were 1.32 million units in the total housing inventory, up 3.1% from May and 23.4% from May and 23.4%

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Housing Wire

MARCH 29, 2024

Buyers are still buying and sellers are still selling. We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. I feel like the market we are in, from an inventory standpoint, feels similar to last year.”

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Housing Wire

NOVEMBER 6, 2020

Inventory is too low, people need to decide to sell their houses,” Buchbinder told HousingWire. There are] a lot more buyers than there are sellers right now, causing an increase in purchase prices,” Buchbinder said. “A But the amount of buyers still definitely outweigh the listings that are out there. Presented by: TMS.

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Housing Wire

JUNE 28, 2024

There isn’t a whole lot of time during the year where it is super slow because we have a lot of vacation buyers, but pre-COVID, between Columbus Day and Thanksgiving, when the mountains were just starting to open, was typically slow. It really is just really slow from a buyer standpoint.” as of June 21, 2024.

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Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I Hamblen said that there’s about a month-and-a-half worth of inventory in the Long Island market and she is expecting a strong end to 2020.

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Housing Wire

JUNE 20, 2024

Local agents say this is one of the main reasons why the state is struggling with housing inventory. Despite the state’s tight inventory, the housing market is not as hot as one might expect. Buyers are taking their time and they definitely are being pickier,” Wallace said. You are seeing a more conservative aggression.

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Housing Wire

JANUARY 5, 2021

Over the past few decades, the inventory of affordable homes has been in sharp decline while home prices have risen dramatically. But once the definition of manufactured homes was clarified, and they were shown images or video of what these homes look like, their interest increased by 31%.

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Housing Wire

NOVEMBER 18, 2020

Real estate agents across the country have made it clear – low inventory and low mortgage rates have kept them busy throughout the pandemic, especially in typical vacation destinations. 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.

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Housing Wire

JULY 29, 2024

There is still moderated demand from buyers, but there are a lot of people just sitting on the sidelines right now because housing affordability and rates are playing a big role in people’s decisions.” 2021 This slowdown has been a boon for buyers who are still in the market. a year prior and the 51.72 recorded in July 2022.

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Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. There are also advantages to working with buyers in a less competitive marketplace. LOs do something new In an environment where every deal counts, some go niche.

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Housing Wire

AUGUST 15, 2024

He noted that Anywhere is a big fan of the soon-to-be mandatory buyer agency agreements and the transparency they offer consumers. Anywhere is committed to a thoughtful rollout of buyer agreements, with two core concepts guiding our approach. Buyer agreements must be clear, concise and free of legal jargon,” he said. “So,

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Housing Wire

AUGUST 8, 2024

“Now they will have to come up with payment for real estate agent services, but that may be challenging for some who are already challenged in terms of coming up with enough down payment,” Hepp said of first-time buyers. “So, So, say it gets rolled into their mortgage or they have to get another loan to pay it off.

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Housing Wire

JUNE 21, 2021

But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. ” Poveda said he usually discourages his buyers from waiving an appraisal — a popular tactic that has popped up during the housing craze of the last 18 months.

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Housing Wire

JULY 30, 2021

Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. If you’re a buyer, you want to make sure you’re purchasing a home that’ll increase in value. Buy A Fixer-Upper.

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Housing Wire

JANUARY 14, 2022

Still, there’s a sustained, nationwide surge in housing demand, plus a crippling lack of inventory – and Rochester is hardly impervious to either of these historic trends. Cignarale noted signs of cooling off, including some properties appraising for lower than expected and once desperate buyers no longer waiving home inspections.

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Housing Wire

JANUARY 29, 2024

I think this trend is durable, but it’s definitely not a guarantee. We can see home buyer demand when rates are stable the 6s. I suspect if that happens we’ll see even more demand, with a strong pickup in home sales volume coupled with falling inventory levels, and a return to rising home prices.

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Housing Wire

DECEMBER 19, 2022

This trend has made it easier for buyers with financing and other contingencies to purchase a home. Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It It is hard to tell if more homes are being listed or if things are just sitting a bit longer, but there is definitely more inventory,” she said.

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Housing Wire

FEBRUARY 28, 2022

The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I The majority of our business has been second-home sales, but we have also been seeing quite a few Californian buyers,” Croan explained. Provo, Utah.

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Housing Wire

DECEMBER 11, 2023

We are definitely seeing an uptick in demand. The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. Rates are too volatile for buyers to have that confidence, Oakes noted.

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Housing Wire

JANUARY 26, 2022

Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. It’s simply a matter of adjusting your investment strategy to optimize current market conditions. million and 1.87

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Housing Wire

MARCH 2, 2023

Lower mortgage rates back in January brought buyers back into the market. Now that rates are moving up, affordability is hindered and making it difficult for potential buyers to act, particularly for repeat buyers with existing mortgages at less than half of current rates,” he said.

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