Housing Wire

JANUARY 9, 2025

Despite the frequency of departures, real estate agents in the state say the housing market remains strong. On the balance, there are still more buyers with their eye on a purchase than there are houses on the market. I would say there are more buyers out there now than there were pre-pandemic when the rates were lower.

Housing Market 400

Housing Market Inventory Marketing Sellers 400

Housing Wire

MAY 28, 2024

It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. Higher rates create more inventory.

Inventory 515

Inventory New Listings Contracts Sellers 515

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. NAR has also advocated for the VA to change its rule around buyer broker compensation.

Buyers 523

Buyers Agents Real Estate Agent Real Estate 523

Housing Wire

SEPTEMBER 12, 2024

real estate scene with its rapid growth and increasing appeal to homebuyers. This inventory has only fueled competition among the city’s real estate professionals. million in sales to stand out in the Queen City’s real estate scene. As of Sept. million in annual sales. Click Here

Real Estate 409

Real Estate Agents Real Estate Agent Sellers 409

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. Among specialists, 32.8%

Buyers 417

Buyers Luxury Properties Marketing Inventory 417

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. Agents Low inventory : 37% of agents identified low inventory as their biggest challenge.

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Real Estate Housing Market Real Estate Agent Marketing 434

Housing Wire

JULY 10, 2024

While Northwest Ohio ’s housing market has remained fairly strong in recent months, local real estate agents say things become a bit more complicated when you segment the market by price point. For Fleischmann’s buyer clients, mortgage rates really seem to be a problem when houses need updates. “If For Campos, the No.

Inventory 345

Inventory Buyers Agents Inspection 345

Housing Wire

AUGUST 29, 2024

Unsold inventory of homes on the market has been climbing in the U.S. In general, inventory rises with rates because more expensive money slows demand. When demand slows, inventory grows. Inventory is climbing but it’s still pretty restricted. And importantly, inventory isn’t growing everywhere equally.

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Inventory Real Estate Housing Market Construction 479

Appraisal Buzz

OCTOBER 1, 2024

Realtor.com has found that , amid rising home prices and mortgage rates, real estate investors are still finding hidden gems in affordable metros across the country, with Dayton, Ohio, standing out as the top destination for property investment in 2024. of buyers in Q1 being investors, just shy of the national average.

Real Estate 416

Real Estate Investors Investing Buyers 416

Housing Wire

JULY 8, 2024

There have been a few markets; however, that have defied the national trends where inventory has stayed tighter and demand keeps rolling in. Available inventory of unsold homes in the U.S. real estate market as we’re now in the second half of 2024. Inventory is rising everywhere in the country.

Inventory 468

Inventory Contracts Sellers New Listings 468

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. Buyers are picky and they don’t want to pay a dollar more than they need to,” the report said. According to the brokerage, 6.5% the month prior.

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Sellers Buyers Real Estate Agent Inventory 508

Housing Wire

OCTOBER 21, 2024

real estate market is marked by contradictions that are leaving many confused. Here are the five real estate contradictions we’re seeing as we close out 2024 and prepare for the new year. Housing demand is high in some areas while others struggle to sell Real estate markets across the U.S.

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Real Estate Marketing Insurance Property Taxes 470

Housing Wire

JANUARY 8, 2024

Inventory is inching up. Each week, inventory is increasing just a bit relative to last year. Unless rates dip into the 5s, then I expect demand will pick up so quickly that inventory will drop again. Inventory growth is not spread across the country Inventory is climbing in the south and central US.

Real Estate 506

Real Estate Marketing Inventory New Listings 506

Housing Wire

JANUARY 22, 2024

It’s always dangerous to blame the weather for any economic slowdown, but a quick look at the state level data shows that in general the coastal real estate market continued the trends of recent weeks, but much of the Midwest for example did not. Inventory: Available inventory of unsold single family homes rose just a hair to 506,000.

Real Estate 417

Real Estate New Listings Contracts Inventory 417

Housing Wire

SEPTEMBER 9, 2024

Miami stands as one of the most dynamic and valuable real estate markets in the United States. This places Miami among the top-tier real estate markets in the country, attracting both local and international buyers and driving intense competition among real estate agents. As of Sept. Click Here

Real Estate 364

Real Estate Agents Marketing Real Estate Agent 364

Housing Wire

SEPTEMBER 19, 2024

Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. If more buyers come in than supply comes in, that has to dictate stronger prices or more sales, one of the two.”

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Real Estate Agent Real Estate Agents Buyers 469

Housing Wire

OCTOBER 23, 2024

And while the slower sales pace may not be great news for real estate professionals, it has resulted in an uptick in inventory , which is good news for homebuyers. For-sale inventory at the end of September was 1.39 month supply of unsold inventory, up from 4.2 million, up 1.5% months in August and 3.4

Inventory 367

Inventory Realtors Buyers Real Estate 367

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.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Appraisal Buzz

JULY 24, 2024

Nearly two-thirds (64.7%) of homes on the market in June had been listed for at least 30 days without going under contract, according to a new report from Redfin, a technology-powered real estate brokerage. This trend is contributing to a glut of unsold inventory. This marks an increase from 59.6%

Inventory 435

Inventory Marketing HOA Contracts 435

Housing Wire

JULY 23, 2024

Sinking sales, rapidly rising inventory and prices at all-time highs — this is the state of the market for existing homes. These two factors have caused unsold inventory to rise considerably, pushing months of supply to 4.1, Some prospective buyers are simply waiting for mortgage rates to come down. It represents a 3.1%

Inventory 461

Inventory Buyers Sellers Inspection 461

Housing Wire

APRIL 15, 2024

Additionally, 18 of the respondents identified as team leaders, 112 identified as real estate sales associates or broker associates, and 15 identified their position as other, with the most common response being broker-owner of their firm. Most buyers here cannot pay realtor commissions because they are VA (Veterans Affairs borrowers).”

Inventory 398

Inventory Agents Real Estate Sellers 398

Appraisal Buzz

JULY 30, 2024

A new report from New Western, a national real estate investment marketplace, indicates that local real estate investors are poised to outperform traditional builders in several key markets. The report notes that vacant or uninhabitable homes that have been flipped contribute new inventory comparable to new construction.

Real Estate 397

Real Estate Investors Renovations Construction 397

Housing Wire

MARCH 27, 2024

Earlier this month, the NAR announced the settlement of various lawsuits filed by home sellers, which allege that the real estate industry colluded to keep agent commissions artificially high at 5% to 6% of a home’s sale price. Concerns over the existing VA policies have been echoed among mortgage professionals.

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Buyers Real Estate Agent Inventory Real Estate 475

Housing Wire

MARCH 23, 2023

If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 All this is happening while housing permits have fallen noticeably from the recent peak.

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Inventory Housing Market Construction Marketing 531

Housing Wire

MAY 14, 2024

But local real estate professionals would beg to differ. Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. They spook easier.

Buyers 393

Buyers Inventory Landlords Real Estate 393

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. What’s happening with inventory? Normally by this point in September, available inventory is declining slightly each week.

Inventory 503

Inventory Contracts New Listings Mortgage 503

Housing Wire

SEPTEMBER 26, 2023

“Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. At the current sales rate, this represents a supply of 7.8

Inventory 489

Inventory Buyers Construction Sellers 489

Housing Wire

AUGUST 2, 2024

Auction.com , the nation’s largest online platform for distressed real estate sales, recently reported that demand for homes sold at auction began to decline late in the second quarter of 2024 even as the available supply of foreclosed homes also contracted.

Inventory 416

Inventory Retail Buyers Renovations 416

Housing Wire

MARCH 30, 2023

But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Altos Research data shows that the weekly inventory fell from 414,278 on March 17 to 413,169 on March 24. Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season.

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Inventory Housing Market Marketing Mortgage 516

Housing Wire

AUGUST 26, 2024

Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week. Inventory seems to have peaked for the season and is slowly inching down. These two trends are keeping a cap on inventory for the rest of the year, especially compared to last year. real estate market as of mid-August 2024.

Inventory 407

Inventory Marketing Sellers New Listings 407

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. Of my initial expectations this year — rising inventory, rising sales rates, rising prices — only rising inventory remains clear at this moment as we finish Q1 with rising interest rates. They climbed starting Jan.

Inventory 419

Inventory New Listings Sellers Contracts 419

Housing Wire

NOVEMBER 16, 2023

Despite multiple class-action antitrust commission lawsuits , increased uncertainty over mortgage rates and low housing inventory , Compass CEO and founder Robert Reffkin says “there has never been a better time to be in real estate than right now.”

Real Estate 444

Real Estate Agents Buyers Housing Market 444

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

Real Estate 456

Real Estate Agents Marketing Sellers 456

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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Insurance Inventory Marketing Real Estate 397

Housing Wire

OCTOBER 10, 2024

By most standards, I’ve had a highly successful career in real estate — as a Keller Williams Mega Agent, Broker-Owner, and bestselling author. For the past 14 years, I’ve had the privilege of coaching some of the nation’s top-producing real estate agents. Now, the buyer wanted the agent to pay for the repairs.

Real Estate 426

Real Estate Real Estate Agent Agents Clients 426

Housing Wire

OCTOBER 8, 2024

As the housing market fluctuates, inventory levels are a critical factor for builders, developers and buyers. While low inventory might seem like a challenge, especially for buyers, it presents a unique opportunity for builders. In markets with low inventory and strong demand, the situation is different.

Inventory 351

Inventory Supply Chain Buyers Development 351

Housing Wire

JULY 19, 2024

They say everything is bigger in Texas — and apparently that includes housing inventory growth. “With today’s higher rates, some buyers are sitting on the sidelines and hoping rates or home prices come down.” Houston inventory was up 42.5% compared to the same period last year. and months of supply grew to 4.2.

Inventory 448

Inventory Realtors Housing Market Buyers 448