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. If I were a builder right now, I’d build as many houses as I could, because there is a lack of inventory, they’re pretty much the only sellers,” Roberts said.

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Housing Wire

OCTOBER 5, 2021

Housing market inventory is low right now. According to the National Association of Realtors’ existing home sales report in August, inventory was down 13.4% Agents and brokers can then search the database for houses that fit their client’s specifications. Historically low. compared to a year prior.

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Housing Wire

DECEMBER 18, 2020

There is currently only one month’s worth of housing inventory in Austin. Little-to-no inventory among such strong demand is artificially raising the median home price right now, 2020 president of the board, Romeo Manzanilla, told HousingWire. Additionally, residential sales increased by 28.8% and sales dollar volume soared 47.2%

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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. They don’t want to give up their 3% rate for a 7% rate.”

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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. “Most of my clients are from out of state wanting to own second homes or investment properties here,” she said. year-over-year.

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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. I just had a client fly in and it’s the first time they’ve seen the house they bought in July,” Duryea said.

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Housing Wire

DECEMBER 19, 2024

I am super busy right now, said Charissa Kennard , an agent for Berkshire Hathaway HomeServices Verani Realty.There is a lot of inventory right now, which is good because there are a lot more options for clients right now. Instead of looking at one home and having to place a bid right away, they get to look at three to five homes.

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Housing Wire

AUGUST 15, 2024

Due to this, Schneider said that Anywhere has created multiple buyer agreement templates, allowing agents to select the version that best fits the needs of their client. If there is a change in how inventory is managed in our industry, we’re going to be the No.

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Housing Wire

JULY 16, 2021

The declaration comes 48 hours after Compass and Guaranteed Rate told of a definitive agreement to begin their own mortgage joint venture, OriginPoint. Unclear is what pressure eXp’s agents may feel to direct their clients to Success. Compass and Guaranteed Rate were mum on their partnership’s details, but more is known about Success.

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Mortgage Lending Brokerage Agents 435

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. I was at a listing appointment for a $2.5

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Housing Wire

JULY 26, 2023

When clients find their dream house and are ready to make an offer, Todd Armstrong’s next call isn’t necessarily to the seller’s agent or the buyer’s loan officer. “We Tight inventory and soaring home prices have pushed more homebuyers to more affordable areas in California. That comes with its own risks – in many cases, wildfires.

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Housing Wire

JULY 29, 2024

Especially in the $2 million to $5 million range, there is quite a bit of inventory now sitting on the market and it is great property,” Durham said. “So, Inventory is rising a little bit, it isn’t as high as in 2019, but it’s better than it has been and it’s still slightly a seller’s market, so we are just moving to a levelized market.”

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Housing Wire

OCTOBER 5, 2023

Those with children are driving listing inventory today followed by empty nesters and singles,” said Tom Gamble, co-founder and CEO of TKI. By studying the various profiles, we can see who’s driving listing inventory. Real estate has returned to a lifestyle-driven market. This goes far beyond mining social media for clues.

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Real Estate Marketing Inventory Brokerage 435

Housing Wire

DECEMBER 28, 2023

Coming off of the pandemic banner years, thinning origination volume, low inventory and soaring home prices made business much harder to come by for LOs in 2023. Every single client scenario is different,” said Hunter Marckwardt, executive vice president of CrossCountry Mortgage. “[The ICE) vice president of enterprise research.

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Business Mortgage Loan Officers Inventory 459

Housing Wire

OCTOBER 21, 2022

Phoenix has arguably been one of the hottest housing markets in the country over the past two years, but as mortgage rates have climbed, demand has cooled and inventory has risen dramatically. There are definitely a lot more price reductions,” she said. “I Looking ahead, Kwan expects the market to continue to slow down.

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Marketing Inventory Housing Market Agents 370

Housing Wire

OCTOBER 21, 2021

Other agents, like Kavenaugh, have found that many of their out of state clients are looking to escape challenging environmental conditions exacerbated by climate change. “A Exacerbating the issue of soaring demand is an incredibly low level of inventory. “At At the moment we have about four weeks of inventory,” Mannix said. “At

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Housing Wire

NOVEMBER 12, 2020

months’ worth of inventory, down 53.5% Because inventory is so low, Bond said she’s been encouraging her clients to sell sooner rather than later. “My I think people are definitely upsizing for that reason, so that they can spread out when everybody’s at home working and doing school remotely,” Vreeland-Abell said.

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Housing Market Marketing Inventory Realtors 379

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Interest rates going up definitely cooled the market, but overall, that is not the problem.” economy remains hot.

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Loan Officers Mortgage Buyers Inventory 448

Housing Wire

MARCH 26, 2024

In addition, any reprieve in the housing inventory shortage created by more multifamily units hitting the market is expected to be short-lived. And even though we expect to see a large delivery of multifamily units over the next few years, this will not resolve the broader lack of inventory that we see across the country.”

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Investors Marketing Inventory Real Estate 482

Housing Wire

MARCH 2, 2023

Applications have definitely slowed down in the last few weeks. There are two reasons for this price stability—record low inventory and record high equity. The LO in the Portland, Oregon area said she’s trying to get creative to help clients, pursuing 3/2/1 and 2/1 mortgage rate buydowns.

Mortgage 468

Mortgage Buyers Loan Officers Marketing 468

Housing Wire

MAY 17, 2023

Catching the headwinds Brandon Lwowski , director of research at HouseCanary , a proptech firm that provides institutional investors, lenders and other clients with residential real estate analysis, said the 2021-2022 time frame was an “optimal market for flippers” because of strong home-price appreciation, tight home inventory and “huge demand.”

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Finance Marketing Renovations Investors 370

Housing Wire

DECEMBER 29, 2023

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.

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Mortgage Loan Officers Inventory Business 476

Housing Wire

DECEMBER 22, 2021

We use Shared Email Templates to quickly send formatted emails to clients and partners throughout the day. I think the quick adaptation of technology moved our industry forward years and has definitely had an impact on how I embrace new technology today. . Inventory is low and demand is high. Additionally, rents are on the rise.

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Housing Wire

JULY 24, 2024

It has definitely slowed,” said Cyndee Haydon , a Seminole-based agent for Future Home Realty. Inventory has gone from a three-month supply a year ago to at least six months, so really we are into a buyers’ market now.” Data from Altos Research supports Haydon’s assertion. I need to get out,’” Pithers said.

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Housing Wire

JANUARY 13, 2023

While a lack of inventory still remains an issue, Cohen expects first time buyers to come back to the market now that they’ve become more realistic with mortgage rates and rents soaring. “I 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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Buyers Housing Market Marketing Real Estate Agent 418

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. So, it’s definitely not like selling a loan to a GSE (government-sponsored enterprise). You need a buyer and seller,” Brown said.

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Housing Market Marketing Insurance Mortgage 476

Housing Wire

OCTOBER 23, 2020

I’ve had many conversations with clients of mine from late April through early July, the market was total pandemonium. While the Palm Beach housing market has not seen a lot of bidding wars, Koch said that a lot of the inventory has been absorbed and properties are getting multiple offers. 1, and runs through May 1. “We’ve

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Housing Wire

JANUARY 9, 2025

In this article, well cover the definition of a pocket listing, the pros and cons for both agents and sellers, and how to transact off-market legally and ethically. There really aren’t any specific ways to target sellers who’d prefer selling off-market apart from networking with ultra-high-net-worth clients.

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Sellers Real Estate Agents Real Estate Agent 397

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. One of Dicker’s clients this past weekend backed out of a $295,000 houmese purchase in Michigan this past weekend. But the boom times are over, and he knows it. And he’s far from alone.

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Housing Market Marketing Brokerage Real Estate 468

Housing Wire

APRIL 22, 2024

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Many of us are in sellers’ markets with very low inventory. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes.

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Real Estate Open Houses Brokerage Real Estate Agent 467

Housing Wire

DECEMBER 7, 2023

As the real estate market continues to grapple with high interest rates and low inventory, agents entering the market are looking for affordable client relationship management (CRM) tools that offer a cost-effective means to automate and manage client interactions.

Real Estate 468

Real Estate Real Estate Agent Tools Agents 468

Housing Wire

JANUARY 6, 2023

billion in origination volume in 2021 to less than $500 million in 2022, Gallo plans on using his database of former clients — which make up to 70% of his referral business — to follow up and check in this year. How have you changed your strategy to target those clients? and Scotsman Guide ‘s fourth-ranked LO in the country.

Business 435

Business Loan Officers Clients Inventory 435

Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. But of course, we have a lot of clients that move out of condos once they have kids and get married. While there’s still a lack of inventory, we’re seeing more deals happening.

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Marketing Inventory Loan Officers Buyers 370

Housing Wire

JULY 25, 2022

We are seeing a lot of listings come out right now, but because there are so many buyers out there, stuff is still selling as quick as it comes out, so we haven’t gained any traction on inventory.”. While Nourmand said most of his clients have been local Californians, he has worked with a few Floridians and New Yorkers. “We

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Housing Market Marketing Real Estate Real Estate Agent 370

Housing Wire

NOVEMBER 2, 2023

These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales. Market Leader’s unique approach focuses on nurturing leads for long-term client relationships, so it’s great for a solo agent who’s just starting to build their email list.

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Real Estate Real Estate Agent Tools Agents 459

Housing Wire

JUNE 15, 2022

“Rates are materially, definitely increasing faster than we were anticipating,” Saket Nigam, senior vice president of capital markets at Spring EQ , a home equity lender, said. Cohn said she has three or four loans with clients who haven’t locked rates yet. “I Rates were at 3.4% in early January.

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Mortgage Investors Clients Marketing 397

Housing Wire

JUNE 7, 2024

To help, I’ve compiled the 11 most effective strategies that my coaching clients and I have personally used to find more listings and create inventory. You’ll definitely want to partner with a company that provides property valuations, plus a lead conversion tool. Who’s it for? Visit Catalyze AI Who’s it for?

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Real Estate Open Houses Agents Sellers 468