Housing Wire

SEPTEMBER 26, 2024

“Healthy markets are ones where buyers and sellers have access to all relevant data for their decisions. When a buyer selects a property page to view, a new climate risk section will appear alongside the listing, which provides them with a separate module for each of the five risk categories. . Nationwide, 55.5%

Insurance 468

Insurance New Listings Buyers Tools 468

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

Real Estate 435

Real Estate Buyers Tools Real Estate Agent 435

Housing Wire

SEPTEMBER 25, 2024

New listings healthy There were 70,000 new listings unsold for single-family homes this week. In fact, this is the first time in three years that we’ve had a “normal” number of new listings. There were 70,000 single-family homes listed unsold and another 10,000 immediate sales.

Inventory 468

Inventory New Listings Sellers Contracts 468

Appraisal Buzz

AUGUST 26, 2024

Since they are less likely to have a sizable down payment, first-time buyers, who account for a sizable share of the starter-home market, are more susceptible to rate reductions. We are seeing a lot of younger buyers looking at smaller starter homes. increase in new listings, the number of starter houses on the market surged 18.9%

New Listings 444

New Listings Bracketing Inventory Buyers 444

Housing Wire

JUNE 17, 2021

The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. . from April.

Housing Market 535

Housing Market New Listings Sellers Buyers 535

Housing Wire

DECEMBER 21, 2022

” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. This explains why total active listing inventory data has been stable over the decades, with the exception of 2006-2011, when those forced distressed credit home sellers couldn’t buy.

Inventory 531

Inventory New Listings Housing Market Sellers 531

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new.

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

MARCH 14, 2022

More expensive money also meant fewer investors holding homes so inventory would climb too. The price of new listings continues to rise, which is a very bullish indicator for sales prices in the coming months. Buyers may be able to take their time and do full diligence on a house and not have to make an offer that afternoon.

Housing Market 488

Housing Market Marketing Inventory Investors 488

Housing Wire

JANUARY 20, 2023

From NAR : “December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates ,” said NAR Chief Economist Lawrence Yun. During that period, we saw new listing data decline.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

Inventory 448

Inventory Housing Market Investors Sellers 448

Housing Wire

JANUARY 29, 2024

High borrowing costs simultaneously pushed rate-sensitive buyers to the sidelines while handcuffing current homeowners to their historically low mortgage rates. of investors were anticipating the benchmark interest rate to remain the same after the FOMC meeting, according to the CME Group’s FedWatch tool. In 2023, only 4.09

Mortgage 416

Mortgage Inventory Investors Housing Market 416

Housing Wire

JULY 7, 2022

In Portland, Oregon, for example, one loan officer noted that new listings doubled in the second half of May from 800 to 1,900 new listings. In Seattle, Dan Keller reported 47% of all listings had price reductions. Institutional Investors.

Inventory 418

Inventory Marketing Mortgage Supply Chain 418

Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. Historically, going back to 1982, the average inventory range is between 2 and 2.5

Inventory 505

Inventory Housing Market New Listings Buyers 505

Housing Wire

MARCH 19, 2025

At the time of issuing its second CID, the DOJ stated that it believed that the policy restricts home-seller choices and precludes competition from new listing services. Miller believes that agents who push sellers to use private listing networks are not doing their fiduciary duty.

Realtors 243

Realtors Legal Sellers Law 243

Housing Wire

NOVEMBER 18, 2022

NAR Research : First-time buyers were responsible for 28% of sales in October; All-cash sales accounted for 26%; Individual investors purchased 16%; Distressed sales represented 1% of sales; Properties typically remained on the market for 21 days in October. We saw new listing data decline when rates got to 6.25% the first time.

Inventory 493

Inventory Marketing Housing Market New Listings 493

Housing Wire

AUGUST 7, 2023

Higher mortgage rates mean higher monthly payments, less affordability for home buyers and slightly fewer transactions. It started curving down, but in September the buyers stopped and inventory surged. It was that jump that stopped any buyers cold — the moment of change where people stopped buying.

Inventory 369

Inventory New Listings Contracts Sellers 369

Housing Wire

APRIL 22, 2024

It was listed at (list price) and sold well above the asking price. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! If you don’t have active buyers, ask around the office.

Real Estate 467

Real Estate Open Houses Brokerage Real Estate Agent 467

Housing Wire

JULY 20, 2023

Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data. To Ratiu, it is a clear signal that investors are still pricing a premium for the higher macro risk.

Mortgage 370

Mortgage Construction Inventory Investors 370

Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well.

Inventory 482

Inventory Housing Market New Listings Mortgage 482

Housing Wire

JANUARY 19, 2024

From NAR: First-time buyers were responsible for 29% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 29 days. This is a positive for housing in 2024 as most sellers are buyers.

Housing Market 493

Housing Market Inventory Contracts Marketing 493

Housing Wire

FEBRUARY 23, 2023

The latest economic data, including the job market , consumer spending — which remained robust — and inflation numbers , which displayed unexpected staying power, led investors to bet that the Federal Reserve will continue to raise its federal funds rate through the summer. Even before these data were released, minutes from the Jan.

Mortgage 397

Mortgage New Listings Housing Market Buyers 397

Housing Wire

MAY 2, 2022

While housing market trends in the first quarter of 2022 resembled the previous year’s trend — buyer frenzy, homes selling over the asking price and continued home price appreciation — much has changed in the spring, which will impact some of the previously forecasted scenarios. To register for the HW+ event, go here. Market considerations.

Housing Market 397

Housing Market Marketing Buyers Inventory 397

Housing Wire

FEBRUARY 23, 2024

Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. This is the timeframe where seasonality kicks in for both to go lower and it will be interesting to see where inventory goes this year with the NAR data. From NAR : Total existing-home elevated 3.1%

Inventory 493

Inventory Mortgage New Listings Marketing 493

Housing Wire

JANUARY 19, 2023

In turn, builders are offering concessions, such as offering lower-priced products and less costly features, in hopes of luring in buyers to the market, the report noted. New York – The residential sales and rental markets showed further signs of cooling in late 2022. However, housing affordability worsened.

Inventory 448

Inventory Housing Market Marketing Construction 448

Housing Wire

AUGUST 30, 2022

I don’t need to see total active listing get back to the historical range of 2-2.5 New listings are declining now. One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. This is not encouraging news at all, in my view. From Redfin.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

JUNE 22, 2023

There is a better case that we can get below 4 million if mortgage rates stay high and new listing data starts its seasonal decline in the data. The cash buyer percentage is the same year over year and roughly everything in this survey isn’t too far off 2022 levels. Now for the savagely unhealthy part of the report. million).

Housing Market 526

Housing Market Marketing Inventory Law 526

Housing Wire

APRIL 20, 2023

If we are trending below 4 million — a possibility with new listing data trending at all-time lows — then we have much weaker demand than people think. As expected, existing home sales fell from February to March since the previous month’s report was intense. Now if we get a few sales prints above 4.6

Inventory 531

Inventory Housing Market Marketing New Listings 531

Housing Wire

FEBRUARY 21, 2023

NAR Research : First-time buyers were responsible for 31% of sales in January; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 33 days.

Housing Market 435

Housing Market Marketing Inventory Sellers 435

Housing Wire

JULY 17, 2023

The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. But since January, home buyers have defied all expectations. Sellers have not materialized, and buyers have been buying everything that becomes available. Buyers are sensitive to big jumps in mortgage rates.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

JULY 8, 2024

Then we’ll decide together which list price makes the most sense to best position your home on the market. We want to attract the most qualified buyers and create a sense of urgency to encourage them to make strong offers quickly. Buyer objection script: “We’re just going to work directly with the listing agent.

Real Estate 435

Real Estate Business Agents Sellers 435

Housing Wire

JULY 20, 2023

Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data. The housing market has slowed and stabilized itself with higher rates, but the existing home sales market isn’t growing like the new home sales market.

Marketing 370

Marketing Housing Market Inventory New Listings 370

Housing Wire

SEPTEMBER 18, 2024

Virtual open houses are a unique way to help you stand out from other agents as a tech-savvy marketer and can help get your listings in front of hundreds (possibly thousands) of potential buyers online. Another cool option is pre-recording a virtual open house that buyers can access anytime and watch on their own.

Open Houses 344

Open Houses Agents Real Estate Sellers 344

Housing Wire

OCTOBER 21, 2022

Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move. It was a savagely unhealthy housing market back in February, and it has just gotten worse and worse.

Housing Market 305

Housing Market Inventory New Listings Mortgage 305

Will Springer Realtor

FEBRUARY 11, 2025

Buyers and sellers across King County may answer with an Oh, yeah! by looking at Januarys Northwest Multiple Listing Service report. The rate of homes hitting the market was also about one-third stronger than in January 2024 and, at 2533 new listings, it is the most of any January in four years. compared with a year ago.

New Listings 50

New Listings Sellers Buyers Inventory 50

Will Springer Realtor

JANUARY 14, 2025

The rate of new listings, actively listed homes and pending sales for all home types in King County fell by about a third from November, which was also a slow month for the market. The Feds actions do not dictate the direction of mortgage rates, which are set by investors of mortgage securities. House buying and selling?

Housing Market 50

Housing Market Marketing Investors New Listings 50

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). on the Eastside. The county saw a 4.9%

Sellers 61

Sellers Buyers New Listings Inventory 61

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 south florida housing report Broward County In October of 2023, Broward County single-family homes saw a decrease in closed sales, but increases in new listings, pending sales, and average price. Condos/townhomes saw increases in average price and new listings but decreases in pending and closed sales.

New Listings 69

New Listings Sellers Real Estate Inventory 69