Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Contracts during this time also skyrocketed 62%. “Especially in the high-end luxury market.”. Presented by: NAMB.

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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.

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Buyers Luxury Properties Marketing Inventory 417

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. It is just a super tight housing market.

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Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. ” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) But the housing market in the second half of 2022? over asking price. High octane stuff.

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Housing Wire

APRIL 30, 2021

But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on.

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Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. HousingWire caught up with real estate agents across the U.S.

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Housing Wire

FEBRUARY 28, 2025

While cancellation rates remain below pandemic-era peaks such as March 2020s record 16.4% the rising trend indicates continued uncertainty in the housing market. Some real estate agents are advising buyers to monitor homes they missed out on, as deals are falling through at a higher rate.

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Inspection HOA Buyers Real Estate Agent 341

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. Generally, they go under contract in a day or two.”

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Housing Market Marketing Realtors Inventory 459

Housing Wire

AUGUST 1, 2024

In Minnetonka, Minnesota, Bryan VantHof — who is a member of the RE/MAX Advantage Plus -brokered The Minnesota Real Estate Team — said he feels ready to handle whatever the industry and the housing market throw at him. “I

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Housing Wire

DECEMBER 27, 2024

Our goal is to help educate you on what a real estate team is, how they work and the types of agents who thrive on teams. How do real estate teams work? These roles include: Buyers agents: These agents focus on helping clients purchase a new home.

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Appraisal Buzz

FEBRUARY 13, 2025

of homes that went under contract last month. Economic uncertainty: With tariffs, reductions in the federal workforce, return to office mandates, and mortgage rate uncertainty, a lot is up in the air for a lot of Americans right now, and Redfin agents report this is giving buyers (and sellers) cold feet. Thats up from 13.4%

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Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Housing Wire

MAY 30, 2024

New-home sales , which are also based on contract signings, fell 4.7% For the past couple of years, the primary constraint on the housing market has been a lack of supply,” Sturtevant said in a statement. month over month and 7.7% Existing-home sales also declined last month to a seasonally adjusted annual rate of 4.14

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Real Estate Agent Inventory Realtors Buyers 531

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.

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Agents Business Inventory Real Estate Agent 544

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. ” In the Dallas district, housing outlooks worsened, with those interviewed expecting “further erosion in sales and home starts in the near term.”

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Housing Market Marketing Construction Inventory 370

Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. That is a lot of bread!

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Housing Market Marketing Reconsideration of Value Contracts 368

Housing Wire

JUNE 28, 2024

According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to.

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Housing Market Marketing Inventory Buyers 397

Housing Wire

AUGUST 27, 2024

Dubbed the “Contingency Buster,” the product uses its Purchase Price Guarantee (PPG), a binding backup contract that if a homebuyer’s current home does not sell within 150 days, the fintech will purchase it at an agreed-upon price, the company said in a release Tuesday.

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Housing Wire

MAY 28, 2021

Numerous other sales records were also set, including the median home sale price ($354,250) and number of days on the market (17, down from 36 one year ago). Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market.

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Buyers Real Estate Agent Real Estate Inventory 448

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. The surveyed agents also noted that affordability was the No. 1 reason for a buyer pausing their home search efforts over the past six months, while high mortgage rates were the No.

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Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

APRIL 4, 2025

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. This shift is prompting real estate professionals and consumers alike to reevaluate implications of this marketing approach.

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Housing Wire

JUNE 11, 2024

“Historically, buyers have had unlimited access to agents without ever needing to compensate them for their time,” Garg said. The settlement of the commission lawsuits mandates that buyers now sign a contract to compensate their agents directly before touring homes or even identifying potential properties.

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Housing Wire

JULY 26, 2021

And on top of all that, any buyer in “contract” can get “gazumped” (contracted price goes up) at any time until the final weeks of that sale agreement. The cooperative MLS system exposes home listings to the largest number of potential buyers with an offer of compensation to any successful buyers’ agent. experience.

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Real Estate Agent Real Estate Sellers Legal 397

Housing Wire

MARCH 11, 2022

Barber had been working for the Harrelson Group on a contract basis since March of 2017. According to Barber’s contract , his responsibilities included selling and listing approved properties in association with the real estate agency. Barber’s contract was terminated on Feb.

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Real Estate Realty Real Estate Agent Contracts 370

Housing Wire

FEBRUARY 9, 2021

More for Real Estate Enthusiasts. A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. Your real estate agent can help if you decide to go this route. But what does it mean for you as the buyer? You can also: Offer to split the difference.

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Appraisal Real Estate Agent Real Estate Sellers 482

Housing Wire

MAY 1, 2024

In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” The simple answer is that Zillow is wholly focused on solving real consumer problems with software. million real estate license holders, many handle only one or two transactions a year. he posited. Of the approximately 1.5

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Real Estate Agents Contracts Real Estate Agent 463

Housing Wire

APRIL 21, 2021

The consequences of low inventory finally caught up with the housing market in February, with tightened supply largely responsible for a 10.6% drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors.

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Luxury Properties Real Estate Agent Inventory Real Estate 505

Appraisal Buzz

SEPTEMBER 5, 2024

However, most remain apprehensive about the near-term prospects of these sorts of reforms being enacted broadly enough to have a meaningful effect on supply and housing affordability.” Jeremy Sicklick, Co-Founder and CEO of HouseCanary , commented: “The past couple of years have seen a housing shortage nationwide.

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Construction Inventory Housing Market Contracts 459

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

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Housing Wire

MARCH 15, 2024

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. You should be finding buyers before real estate agents anyway.” As lenders, we are avidly against that.

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Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. I was already using buyer broker contracts, but now use them 100% of the time.

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Agents Realtors Clients Real Estate 456

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I According to Altos Research, the Virginia Beach-Norfolk-Newport News housing market had a seven-day average Market Action Index score of 52.44

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Inventory Buyers Agents Real Estate 459

Housing Wire

MARCH 6, 2024

Still, contacts emphasized that the number of units for sale stayed far short of what they considered a balanced market, and that a dearth of inventories had contributed to faster house price growth from 2022 to 2023. New York: Housing markets strengthened as the spring selling season got underway a bit earlier than normal.

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Mortgage Real Estate Inventory Construction 448

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. Binney said.

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Inspection Real Estate Agent Real Estate Insurance 435

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 459

Miller Samuel

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Hiding DOM as a marketing strategy.

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