Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Your newsletter content should be a mix market updates, buyer and seller advice, community news and events, and storytelling.

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Housing Wire

OCTOBER 15, 2024

Although the decision is ultimately highly personal and based on a buyer’s budget, needs, and preferences, there are a few things agents need to consider to help them make the best decisions. It can be tough for a buyer to choose when faced with the allure of a brand-new build or the charm and affordability of an older home.

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Housing Wire

JUNE 8, 2021

With tightened housing stock supply, the competition for home buyers is fierce this year. One issue is that among the low inventory, there are even fewer homes that are move-in ready, said Keith Lind, executive chairman and president of Acra Lending.

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Housing Wire

MARCH 26, 2025

NAR noted that the policy is designed to exist in conjunction with CCP, which requires listing brokers to list a property on the MLS within 24 hours of publicly marketing it. They didnt fully embrace what we were advocating for, but at the same time, lets be fair, having this new designation will make a difference, Haber said.

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Appraisal Buzz

APRIL 11, 2022

Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence. Affordability remains an issue for younger buyers who haven’t yet saved enough money. Inventory Shortage Won’t Be Solved.

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Appraisal Buzz

JANUARY 22, 2025

Rocket Companies has unified its real estate search platform with its mortgage lending platform to create a single resource where home buyers can search and purchase homes, making the process swifter and more efficient. The platform combines Rocket Mortgages award-winning service with Rocket Homes search and deep property insights.

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Housing Wire

SEPTEMBER 9, 2024

The new rules mandated by the National Association of Realtors’ (NAR) antitrust settlement are designed to encourage more negotiations for buyer agent commissions. That’s according to Redfin , which interviewed dozens of its agents about what they’re seeing on the ground in regard to buyer commission conversations.

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Appraisal Buzz

MARCH 12, 2025

Californias Proposition 19 , which was designed to allow older homeowners to keep relatively low tax rates when they move, went into effect in 2020. Its unclear how effective Prop 19 has been at freeing up housing inventory. Tight inventory only pushes home prices up more, and adds to the generational homeownership divide.

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Housing Wire

SEPTEMBER 8, 2022

The entire system has to be designed to inflate the price over time. This can lead to home prices getting out of control , especially when total inventory gets to all-time lows. The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5 This is what we do in America.

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Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Acra Lending is doing what it can to help free up inventory. By working with borrowers in unusual circumstances, Acra is helping create opportunities for inventory to open up. Jumbo products.

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Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. In addition to all of these challenges, economic factors outside of housing are making it harder for potential buyers to acquire qualifying mortgage loans. These loans go up to $2.5

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Housing Wire

SEPTEMBER 24, 2024

Buyers] have been the ones to benefit from just the steadiness and lack of volatility.” New listings have stalled as a result of rising inventory. In Cook County, the property tax rate has increased substantially , a move by municipal officials designed to rightsize budgets that have gotten turned upside down.

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Housing Wire

JANUARY 7, 2025

According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025. of agents surveyed said they would rate buyer market conditions in 2025 as either fair or good. While the U.S. On the buy side, 85.5% year over year.

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Housing Wire

JULY 24, 2024

“This partnership will provide all SFAR Realtors with the opportunity to take advantage of RealReports’ robust property data and AI-driven insights to enhance buyer and listing presentations, streamline research, mitigate risk, and generate leads.” Inventory is low, rates remain high, and lawsuits abound,” Gorman said.

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Housing Wire

MARCH 16, 2022

The move, designed to slow the pace of inflation, which reached 7.9% The purchases of Treasuries and MBS, which ended this month and were designed to support the economy during the Covid-19 pandemic, helped the housing and mortgage markets reach never-before-seen heights. And that market is largely defined by a dearth of inventory.

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Housing Wire

SEPTEMBER 11, 2023

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. MC: The demand for REO assets remains strong, with inflows and overall REO inventory levels remaining significantly less than post-Q1 2020 inventories.

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Housing Wire

MAY 7, 2021

of the developers reported being subject to design standards under regulation that “went beyond” what they would ordinarily do and added to their costs. thus, increasing inventory and driving overall prices down. Per the study, 84.5% On average, these requirements account for 9.1% of price of the lot, and 2.3%

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Housing Wire

SEPTEMBER 20, 2024

Pareja says that the first thing eXp did was to create a new one-page buyer broker agreement. He highlights the importance of having a simple document to preserve the buyer’s experience by making things simple and transparent. But these examples are too few and far between to require a complete revamping of the policy. “If

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Housing Wire

MAY 15, 2024

A lot has been said about the ‘silver tsunami,’ with predictions that baby boomers will move in droves , suddenly unlocking tons of inventory for younger homebuyers. Most of these communities have amenities designed to foster connection. Builders planning new communities or marketing to buyers should keep this criteria in mind.

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Housing Wire

APRIL 15, 2021

The MBA is estimating record purchase volume for the rest of this year, but climbing mortgage rates and low inventory mean it won’t be easy to capture your share of business. The challenges of helping consumers become homeowners in this housing market is why we’ve designed our virtual event around “All Eyes on Purchase.”

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Housing Wire

MARCH 26, 2021

Portland, Maine, has emerged as a popular destination for current homeowners and prospective buyers looking to move out of metro areas into more spacious secondary cities. “It’s a full-on frenzy for buyers to secure a home.” ” And that low inventory is driving prices higher.

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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. Watch Out For Specific Designs.

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Housing Wire

JUNE 20, 2024

The product is designed to make buyer offers more attractive to sellers by removing contingencies. They become more competitive buyers and can flip the process to move on their own terms.” The financing can be used to make a down payment, pay down debt, or cover repairs and moving expenses.

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Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies. All cash buyers now stand at 24%.

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Housing Wire

SEPTEMBER 20, 2022

This greatly reduces the inventory of the homes that first-time buyers would normally seek. These investors aren’t paying more for homes than families, but their all-cash, as-is, bulk purchases swoop up much of the inventory out of the hands of aspiring homeowners. The impacts are felt by renters as well as potential buyers.

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Housing Wire

JANUARY 20, 2021

There’s still a massive amount of buyers and not enough inventory,” said Tyler White, Senior Vice President of Operations at PropStream, a real estate data provider. Access to property data and an ability to efficiently target prospective sellers can give agents and brokers a competitive edge in this low-inventory environment.

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Housing Wire

AUGUST 20, 2024

The federal funds rate has remained unchanged since July 2023, the last in a series of hikes designed to rein in 40-year high inflation. As mortgage rates fall, we’ll see if there is any notable uptick in buyer demand,“ Altos Research President Mike Simonsen wrote on Monday. “As Is there a threshold that motivates buyers?

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Housing Wire

FEBRUARY 21, 2024

By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform. Zonda , one of the leading data providers in the homebuilding industry, has acquired Builders Digital Experience (BDX), the company announced on Wednesday.

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Appraisal Buzz

JUNE 14, 2024

In today’s low-volume market cycle, mortgage originators can build business by focusing on purpose-built loan products designed to overcome the specific challenges homebuyers face in the current market. This represents a competitive challenge for buyers relying on financing.

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Housing Wire

MARCH 21, 2023

Because housing data and all economics are so violent lately, we created the weekly Housing Market Tracker , which is designed to look forward, not backward. We simply don’t have enough products for homebuyers, creating forced bidding in a low-inventory environment. Look at the Inventory data below. Unsold inventory sits at a 2.6-month

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Housing Wire

MAY 4, 2022

The exchange is unveiling a flexible DSCR [debt-service coverage ratio] loan-purchasing program designed to serve real estate investors, such as rental property owners, who “tend to prioritize property cash flow over interest rate,” MAXEX said in announcing the initiative. Institutional investors now balk at buying homes in this market niche.

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Housing Wire

APRIL 7, 2021

And despite fierce bidding wars, competition from institutional investors and sore wrists from writing dozens of heartfelt letters to home sellers, even buyers are growing in courage these days. ” Duncan added that home sellers are citing high home prices and tight inventory as primary reasons why it’s a good time to sell.

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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. Low profile foundations, high-pitched roofs, front porches, driveways, energy efficiency elements, and garages or carports are just a few of the new design features available.

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Design Inventory Finance Buyers 518

Housing Wire

MARCH 22, 2021

HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. “In the early days of the pandemic, we acted quickly to help remove the threat of eviction for residents of the more than 4.2 Mortgage Tech Demo Day.

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Housing Wire

SEPTEMBER 13, 2024

Sellers are happy that they sold their home for more money than they bought it for, and home buyers are happy you found them an asset that will increase in value. If you wish to upgrade your negotiation skills, consider signing up for a Real Estate Negotiations Expert (RENE) designation available through your local Association of Realtors.

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Housing Wire

SEPTEMBER 21, 2022

Buyers and sellers alike have now anchored their expectation of “normal” to sub-3% mortgage rates, multiple-offer bidding wars, and double-digit annual price growth. The recent rise in inventory is more about homes sitting on the market longer than new inventory being added. Join us in Scottsdale, Arizona Oct.

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Housing Wire

MARCH 12, 2021

” “The NAR and its MLS partners, which now include Zillow, are allowed to once again close off transparent access to home inventory by entering into agreements among themselves that disadvantage all but their own membership; consumers and competition will suffer,” read the lawsuit. Real Estate Tech Demo Hour.

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