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Overblown rumors of demise? NAR has lost only 45K members since December

Housing Wire

The National Association of Realtors (NAR) reported that it had 1,509,195 members at the end of April, a decline of 2.96% from the 1,554,604 members it had at the end of 2023 but higher than its numbers in February and March. You can find more information in our recent update in Realtor Magazine.“ How many is unclear.

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Existing home sales data: A bad sign for housing market?

Housing Wire

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. Having the best housing demographics ever during the years 2020-2024, along with the lowest mortgage rates , gives you the best supply of replacement buyers ever. This sales trend looks very normal to me.

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Is this housing market affordable for the average shopper?

Housing Wire

Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Redfin also reported this month that seven in 10 buyers — 70.4% — faced bidding wars in May. If you’re an FHA or VA buyer, you don’t stand a chance. So, what does this mean for buyers? Bidding wars.

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Existing home sales crush the housing bears — again

Housing Wire

The National Association of Realtors ‘ existing home sales report for September came in at an excellent beat of estimates at 6.29 Also, 2020-2021 will have more home sales from mortgage buyers than any single year from 2008-2019. HousingWire Magazine delivered to your home or office. This looks perfectly normal to me.

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What’s next for the overheated housing market?

Housing Wire

According to the National Association of Realtors, March’s existing-home sales came in at 6.01 HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events. Holy Hot Home Price Growth Batman! The rest of this content is for HW+ members.

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Local Markets: Louisville, Reno and San Diego

Housing Wire

Local markets is a HousingWire magazine feature spotlighting housing trends across the country. 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 Louisville, Kentucky. We have about 2.6

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Opinion: Here’s what people are getting wrong about real estate commissions

Housing Wire

I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. by 1% to 2% just by cutting the commission paid to buyer’s agents.” Aggregate data from the housing market would confirm this.