Housing Wire

MARCH 2, 2023

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

Real Estate Agent 414

Real Estate Agent Inventory Real Estate Agents 414

Housing Wire

SEPTEMBER 30, 2024

“We are seeing multiple offers definitely in those medium price ranges. It has definitely downshifted, but in most cases, I am still seeing listing agents putting out deadlines for best and final offers.” There is definitely frustration among buyers,” she said. “It As of Sept. It gets discouraging.

Housing Market 343

Housing Market Marketing Inventory Agents 343

Housing Wire

APRIL 22, 2024

We’re watching inventory , which continues to grow by 3% each week. We’re watching sales volumes , which are definitely up over past year but remain slow. Housing inventory When we look at the active inventory of unsold homes on the market, we can definitely see the impact of higher mortgage rates in the past month.

Inventory 517

Inventory New Listings Contracts Sellers 517

Housing Wire

MAY 6, 2024

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. Elevated mortgage rates slow demand so that inventory grows, but in years past, the total sales volume has been restricted by the limited supply. Let’s dig further into the details of the U.S.

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Inventory Contracts Sellers New Listings 464

Appraisal Buzz

JULY 23, 2024

“Homes are sitting on the market a bit longer, and sellers are receiving fewer offers. More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.” June Inventory Sees Record-High Home Prices Across All Unit Types As of the end of June, there were 1.32

Inventory 395

Inventory Inspection Realtors Sellers 395

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S. Will we get more inventory? The strategy has changed for buyers.

Real Estate Agent 468

Real Estate Agent Real Estate Buyers Agents 468

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

Inventory 388

Inventory Marketing Business Buyers 388

Housing Wire

OCTOBER 28, 2020

Hesitant home sellers could be one reason there is such low housing inventory, according to a report from Zillow. Thirty-four percent of would-be home sellers said they are staying out of the market due to the uncertainty caused by COVID-19. “The catch is that waiting to sell may raise the cost of a trade-up.

Sellers 360

Sellers Marketing Inventory Lending 360

Housing Wire

NOVEMBER 4, 2024

Finding an agent Like 43% of homebuyers , I began my search online, as I worked to get a sense for what the inventory in my preferred areas and in my price range looked like. I wanted to make sure I was comfortable with what the inventory in my price range might look like before I began taking up an agent’s valuable time.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

JUNE 28, 2024

We still have low inventory, but also not a lot of buyer activity, and now I’m seeing more inventory come on the market and still not as much buyer activity. Buyers are still buying and sellers are still selling. So, this year, April and May were a little slower, so it felt like we were getting back to a normal market.

Housing Market 388

Housing Market Marketing Inventory Buyers 388

Housing Wire

JUNE 20, 2024

On the sell side, agents say that low mortgage rates from a purchase or refinance transaction in late 2020 or early 2021 are keeping many potential sellers in their home. “A Local agents say this is one of the main reasons why the state is struggling with housing inventory. They don’t want to give up their 3% rate for a 7% rate.”

Housing Market 439

Housing Market Agents Marketing Inventory 439

Appraisal Buzz

JULY 23, 2024

Total housing inventory registered at the end of June was 1.32 We’re seeing a slow shift from a seller’s market to a buyer’s market,” says Lawrence Yun, chief economist for NAR, in a statement. Homes are sitting on the market a bit longer, and sellers are receiving fewer offers. in June compared with June 2023 to $426,900.

Inventory 195

Inventory Inspection Realtors Sellers 195

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. Like elsewhere in the country, Indiana has struggled with housing inventory. Last year was a tough one for the Indiana real estate market. 23, 2024.

Housing Market 461

Housing Market Marketing Inventory Construction 461

Housing Wire

AUGUST 8, 2024

But the question is, if the buyer agency fees are being paid by the seller or by the buyer, how will that change the final sales price if it gets added in or taken out of the final price?” If sellers are unwilling to offer help with buyer’s agent fees, Mohtashami said they are effectively making their homes more expensive for buyers.

Housing Market 477

Housing Market Marketing Mortgage Sellers 477

Housing Wire

JANUARY 29, 2024

I think this trend is durable, but it’s definitely not a guarantee. I suspect if that happens we’ll see even more demand, with a strong pickup in home sales volume coupled with falling inventory levels, and a return to rising home prices. That’s the active inventory across the country.

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Contracts Inventory Housing Market Mortgage 446

Housing Wire

OCTOBER 21, 2024

Prior to the implementation of the current CCP in May 2020, listing brokers had two business days from the signing of the listing contract to either enter the listing into the MLS as “active” or submit a listing exclusion form, which had to be authorized by the seller, to the MLS. That should not be dictated by an association.

Brokerage 442

Brokerage Real Estate Sellers Agents 442

Appraisal Buzz

NOVEMBER 4, 2024

First-time buyers face high home prices, high mortgage interest rates and limited inventory, making them a decade older with significantly higher incomes than previous generations of buyers. The highest documented average age of home sellers was 63 years old. A record 26 percent of homebuyers made cash payments.

Real Estate Agent 370

Real Estate Agent Buyers Sellers Real Estate 370

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. There’s just more buyers than there are sellers,” added Steven Grossman, chief strategic officer at NJ Lenders. Waiting for rates to go down is just a foolish bet.

Loan Officers 418

Loan Officers Mortgage Inventory Clients 418

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

Mortgage 518

Mortgage Inventory Real Estate Technology 518

Appraisal Buzz

AUGUST 22, 2024

But consumers are definitely seeing more choices, and affordability is improving due to lower interest rates.” Total housing inventory registered at the end of July was 1.33 Unsold inventory sits at a 4.0-month “Despite the modest gain, home sales are still sluggish,” said NAR Chief Economist Lawrence Yun. million units, up 0.8%

Realtors 396

Realtors Buyers Inventory Insurance 396

Housing Wire

MARCH 29, 2024

Buyers are still buying and sellers are still selling. We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. I feel like the market we are in, from an inventory standpoint, feels similar to last year.”

Housing Market 433

Housing Market Agents Marketing Inventory 433

Housing Wire

AUGUST 15, 2024

If there is a change in how inventory is managed in our industry, we’re going to be the No. And kind of what happens with our inventory, no matter how the market evolves, we’re going to be in the advantaged position with our scale.” We are definitely seeing and feeling more outreach and back and forth,“ she said.

Brokerage 426

Brokerage Agents Legal Buyers 426

Housing Wire

NOVEMBER 6, 2020

Inventory is too low, people need to decide to sell their houses,” Buchbinder told HousingWire. There are] a lot more buyers than there are sellers right now, causing an increase in purchase prices,” Buchbinder said. “A But the amount of buyers still definitely outweigh the listings that are out there. Presented by: TMS.

Housing Market 409

Housing Market Marketing Inventory Buyers 409

Housing Wire

AUGUST 1, 2023

or 8% range, then there is definitely downside risk for home prices. In the light red line of the chart, you can see how the seasonal discounting definitely accelerated in 2022. Inventory As a result, the seasonal inventory build is slow and on a normal cycle. Inventory growth seems to have a few more weeks to go.

Inventory 366

Inventory Contracts Buyers Mortgage 366

Housing Wire

SEPTEMBER 12, 2023

Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers. Inventory is very low and just inching up now week over week late in the summer. Inventory up slightly There are now just over 509,000 single-family homes active unsold on the market. Offers stopped and sellers cut their prices.

Contracts 427

Contracts Inventory Housing Market Buyers 427

Housing Wire

MAY 30, 2024

When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. But we are definitely supporting a market that already exists — they don’t use real estate agents anyway. How do you look at that?

Real Estate Agent 442

Real Estate Agent Real Estate Sellers Technology 442

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, Agents say the lower list prices have been a hard bill for sellers to swallow. For properties priced around $2.835 million, the Market Action Index score has dropped to 29.74

Housing Market 394

Housing Market Marketing Real Estate Agent Inventory 394

Housing Wire

DECEMBER 27, 2023

Sellers have brought up the affordability issue with housing and they have wondered how much resources buyers have and if they would be able to now all of a sudden potentially pay a buyer’s agent fee on top of their mortgage down payment and closing costs,” Alperin said. A wise agent right now is talking to buyers and sellers,” Brown said.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Clients 459

Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. That’s a problem because mortgage LOs traditionally have not “forged as deep of inroads” with sellers’ agents.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

DECEMBER 11, 2023

We are definitely seeing an uptick in demand. Demand for approvals has definitely increased, but homebuyers are waiting to see if they will drop just as fast as they have come down recently, said Robby Oakes, managing director at CIMG Residential Mortgage. All eyes will be on the CPI report and Fed meeting this week.

Mortgage 482

Mortgage Buyers Inventory Technology 482

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. The inventory puts a cap on how much business we can do. The lack of inventory led to rising home prices, creating multiple-offer situations in some parts of the country.

Business 457

Business Mortgage Loan Officers Inventory 457

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Many nosy neighbors end up turning into sellers, and hosting open houses is a fantastic opportunity to showcase your marketing skills.

Real Estate 467

Real Estate Open Houses Agents Sellers 467

Housing Wire

MAY 21, 2024

Research local market trends Stay informed about local market trends, such as inventory levels, demand, and median home prices. While the appraisal is not a guarantee of the final sale price, it can help you understand the fair market value of the home and can assist in making informed decisions during negotiations with the seller.

Real Estate Agent 468

Real Estate Agent Real Estate Inspection Valuation 468

Housing Wire

JULY 30, 2021

Due to low inventory, sellers are able to put their homes up at a higher rate. The definition of a “fixer-upper” varies. In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Buy A Fixer-Upper. But in general, it’s a home that could use a few improvements.

Renovations 505

Renovations Buyers Sellers Investing 505

Hank Miller Team

APRIL 6, 2022

It's time to answer the nagging question…did housing inventory in Atlanta increase during the first quarter of 2022? No visible increase in inventory over the first quarter of 2022, if fact we're at a low point right now. The difference now is rising rates and even less inventory.

Inventory 94

Inventory Contracts Buyers Sellers 94

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

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 416