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23 creative open house ideas to drive foot traffic, get leads and sell fast

Housing Wire

If an uptick in housing inventory and more favorable interest rates materialize in 2025, you’ll still need to find creative ways to generate buzz for your listings and expand your client network. Listing and marketing properties is a complicated process. When you buy through our links, we may earn a commission.

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Will a second lockdown cool off the red-hot Seattle housing market?

Housing Wire

14, a move that suspended open houses , although private showings are allowed with no more than five people. What is this second lockdown going to do to the red-hot Seattle housing market? In October, there was less than a month’s worth of inventory in this market. Join today with an HW+ Membership !

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Denver’s housing market takes sharp turn toward buyers

Housing Wire

The loss of population has softened housing demand, as has the rapid rise in mortgage rates that began in the spring of 2022. Inventory in the city has also risen sharply, giving buyers more options and more leverage in negotiations. This has taken power away from sellers, who now face a shortage of potential buyers.

Buyers 468
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The housing market faced uncertainty in March, but now ‘it’s a circus’

Housing Wire

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. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In

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Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “

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Buyers viewed just eight homes before making their purchase

Housing Wire

Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. From 2004 to 2006, during the housing boom years, even though homes were moving at a rapid pace, buyers typically looked at nine homes. month’s supply of homes. month’s supply of homes.

Buyers 448
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3 mortgage industry trends that will define the rest of 2021

Housing Wire

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