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Cincinnati’s housing market in a word? Unpredictable

Housing Wire

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale.

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DropOffer wants real estate agents to go off-market

Housing Wire

Housing market inventory is low right now. Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications. Historically low. compared to a year prior.

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No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

“I think there is a lot of fear with the election coming up, that’s going to play a big factor of our spring market as well [and] depending on how everybody is comfortable with leadership going forward,” Kanacki said. I think people used to say that [they] wanted to get settled before school started back in the day,” Merchant said. “I

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Who Is the Typical U.S. Homebuyer?

Appraisal Buzz

housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” said Jessica Lautz, NAR Deputy Chief Economist and VP of Research. Housing Markets The median household income for the average homebuyer increased from $107,000 in 2022 to $108,800 in 2023.

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Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

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. Miami Realtor Ines Flax, with One Sotheby’s International , said her housing market is heating up this winter. Presented by: NAMB.

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The Hawaii housing market heats up

Housing Wire

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. That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland.

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Real estate agents are bracing for the impact of the commission lawsuits

Housing Wire

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. It has been cool to hear that.